Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

Shenton Research

Shenton Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Jul 24th. The aggregated short interest is USD1,283m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Press Metal, Frontken, Nestle (Malaysia), United Plantations, Petronas Chemicals.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jul 24th. The aggregated short interest is USD1,283m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Press Metal, Frontken, Nestle (Malaysia), United Plantations, Petronas Chemicals.


Bursa Short Interest Weekly (Jul 24th): Press Metal, Frontken, Nestle (Malaysia), United Plantations

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Jul 17th. The aggregated short interest is USD493m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Inari Amertron, Datasonic, Sunway Real Estate Investment Trust, Petronas Chemicals, YTL.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jul 17th. The aggregated short interest is USD493m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Inari Amertron, Datasonic, Sunway Real Estate Investment Trust, Petronas Chemicals, YTL.


Bursa Short Interest Weekly (Jul 17th): Inari Amertron, Datasonic, Petronas Chemicals, YTL

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Jul 10th. The aggregated short interest is USD523m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Datasonic, YTL, CIMB, Dagang Nexchange, Sime Darby Property.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jul 10th. The aggregated short interest is USD523m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Datasonic, YTL, CIMB, Dagang Nexchange, Sime Darby Property.


Bursa Short Interest Weekly (Jul 10th): Datasonic, YTL, CIMB, Dagang Nexchange, Sime Darby Property

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Stay long <a href="https://www.smartkarma.com/entities/kakaku-com-inc" target="_blank" data-smartkarma-citation="entities:7408:1" rel="noopener">Kakaku.com Inc (2371 JP)</a>. Don't sell yet. And definitely stay long <a href="https://www.smartkarma.com/entities/digital-garage-inc" target="_blank" data-smartkarma-citation="entities:13747:1" rel="noopener">Digital Garage (4819 JP)</a>.</li>
<li>The <a href="https://www.smartkarma.com/entities/yamada-corp" target="_blank" data-smartkarma-citation="entities:16273:1" rel="noopener">Yamada Corp (6392 JP)</a>/<a href="https://www.smartkarma.com/entities/edion-corp" target="_blank" data-smartkarma-citation="entities:14358:1" rel="noopener">Edion Corp (2730 JP)</a> combination gives both a platform. What they do with it is the question that the initial announcement left entirely unanswered.</li>
<li>At a multi-year low implied stub; and an all-time low simple ratio (<a href="https://www.smartkarma.com/entities/ytl-corp-bhd" target="_blank" data-smartkarma-citation="entities:8553:1" rel="noopener">YTL (YTL MK)</a>/<a href="https://www.smartkarma.com/entities/ytl-power-international-bhd" target="_blank" data-smartkarma-citation="entities:1239:1" rel="noopener">YTL Power (YTLP MK)</a>), if you can set up the stub here cleanly, do so.</li>
</ul>


Stay long Kakaku.com Inc (2371 JP). Don't sell yet. And definitely stay long Digital Garage (4819 JP).
The Yamada Corp (6392 JP)/Edion Corp (2730 JP) combination gives both a platform. What they do with it is the question that the initial announcement left entirely unanswered.
At a multi-year low implied stub; and an all-time low simple ratio (YTL (YTL MK)/YTL Power (YTLP MK)), if you can set up the stub here cleanly, do so.


Last Week In Event SPACE: Digital Garage/Kakaku.com, Yamada Corp/Edion Corp, YTL/YTL Power, Strategy

<ul>
<li>
<a href="https://www.smartkarma.com/entities/ytl-corp-bhd" target="_blank" data-smartkarma-citation="entities:8553:1" rel="noopener">YTL Corp (YTL MK)</a>'s simple ratio - YTL/<a href="https://www.smartkarma.com/entities/ytl-power-international-bhd" target="_blank" data-smartkarma-citation="entities:1239:1" rel="noopener">YTL Power International (YTLP MK)</a> - has never been lower. The implied stub is also at a three-plus year low.</li>
<li>Preceding my comments on YTL and 52%-held YTL are the current setup/unwind tables for Asia-Pacific Holdcos.</li>
<li>These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation &gt;20%.</li>
</ul>



YTL Corp (YTL MK)'s simple ratio - YTL/YTL Power International (YTLP MK) - has never been lower. The implied stub is also at a three-plus year low.
Preceding my comments on YTL and 52%-held YTL are the current setup/unwind tables for Asia-Pacific Holdcos.
These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation &gt;20%.


StubWorld: YTL Corp's All-Time Low Versus YTL Power

Malaysia

YTL Power International Berhad is an investment holding company which provides administrative and technical support services. Through its subsidiaries, the Company develops, constructs, maintains, and operates power stations which includes Paka Power Station in Terengganu and Pasir Gudang Power Station in Johor.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

YTL Power International (YTLP MK)

Bursa Short Interest Weekly (Jul 24th): Press Metal, Frontken, Nestle (Malaysia), United Plantations

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Press Metal, Frontken, Nestle...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Jul 17th): Inari Amertron, Datasonic, Petronas Chemicals, YTL

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Inari Amertron, Datasonic, Sunway Real...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Jul 10th): Datasonic, YTL, CIMB, Dagang Nexchange, Sime Darby Property

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Datasonic, YTL, CIMB, Dagang...

Ke Yan, CFA, FRM

Last Week In Event SPACE: Digital Garage/Kakaku.com, Yamada Corp/Edion Corp, YTL/YTL Power, Strategy

It’s Sunday! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed during the...

David Blennerhassett

StubWorld: YTL Corp's All-Time Low Versus YTL Power

At a multi-year low implied stub; and an all-time low simple ratio (YTL/YTLP), if you can set up the stub here cleanly, do so. Pushback? I see no...

David Blennerhassett

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)