calvintanengANOTHER BAD NEWS FOR YINSON IS THE COMING COLLAPSE OF BRAZIL DUE TO OIL CRASH
EVEN NORWAY WITH SUCH GOOD SOVEREIGN FUND ALSO FACING GREAT STRESS
BRAZIL IS FINISHED. YINSON IS FINISHED
SEE https://klse.i3investor.com/blogs/kianweiaritcles/2020-04-01-story-h1485756672-World_s_biggest_wealth_fund_to_liquidate_assets.jsp
01/04/2020 2:34 PM
sagarakenHi Calvin, based on your supreme analysis if Norway funds starts selling, not only yinson finished, all stocks bought by them also finished. Why only post this at yinson? how about the other stocks? i'm not sure what's your targeted grudge against this stock, but i hope your moral compass is still intact and your judgement is not clouded by personal reasons.
You better sell Yinson and get out while there is still no stampede to sell like in Transmile
When everyone awakens and start selling then to late to join te mad rush for exit
01/04/2020 5:19 PM
Philip ( what you can learn from RJ MITTE )His personal reasons is me sadly. But he didn't go to topglove to talk bad about the stock, or talk about QL, which is still holding steady.
He still thinks YINSON has 700 bus under its umbrella.
He is a gambler and speculator plain and simple.
And when his SPECULATION in NETX was put to light, this old man because embittered and tries to sow more SPECULATION, not realising I do not buy penny stocks like he does.
So the more he talks the more idiotic he sounds.
And sadly, I seem to have caused his penny stock to drop from 2 cents ( his SPECULATION cost) by 50% losses to 1 cent. Just buy reposting information from his NETX latest annual report.
Hi Calvin, based on your supreme analysis if Norway funds starts selling, not only yinson finished, all stocks bought by them also finished. Why only post this at yinson? how about the other stocks? i'm not sure what's your targeted grudge against this stock, but i hope your moral compass is still intact and your judgement is not clouded by personal reasons.
01/04/2020 5:22 PM
RwklHe did lambast QL too. Quickly Locked up He is now quietly waiting for Covid to infect their poultry
01/04/2020 6:34 PM
qqq33333333well..even wallen the bufalo can be considered speculating and gambling...............................gambling that the virus has changed nothing...............
that his tried and tested procedure of the last few decades still applies,
gambling that buy and hold is still best................
but.....buy and hold is tortured so much , still can?
smart, very smart................https://klse.i3investor.com/blogs/qqq33333333/2020-04-01-story-h1485757665-smart_very_smart.jsp
Yinson is favorite share of successful long term funds.
and funds who buy Yinson no interest in your penny stocks............
01/04/2020 7:28 PM
thestewardI currently do not hold any Yinson - have alerted those investors that better consider to take profit ard rm7++ But I Don’t understand why some people here need to say as if Yinson will bankrupt ... Yinson is a fundamentally solid co ... It has gone up from rm1.14 back in 2012 (before spilt) to so high ...it speaks volumes . If Yinson gg ...I cant imagine what will happen to some others . There will be compensations for cancelled jobs I believe . Having said that I wouldn’t reenter Yinson yet at this point . Yinson go under will drag other others to go under too. The oil war n Covid thing is a double whammy for oil related counters perhaps it is better to look at other sectors for time being . Nfcp ya maybe but. I will avoid opcom ...such pathetic FA. N so bad the fall !
01/04/2020 8:03 PM
thestewardStated Yinson can claim for compensation .
01/04/2020 8:05 PM
sagarakenHi Calvin, i didnt even say that i buy yinson, and you didnt answer my question. Thanks for the advice though, hope you are well in real life.
01/04/2020 8:46 PM
SuperPandaif currently sit in paper loss, better cl before more losses coming..
i have no share in yinson and no plan to buy highly dependent debt company
in time like this, the stock to buy is those have superb cash flow and trade at big discount price
sagarakenThanks for the comment superpanda sifu. You are definitely correct about buying cash rich companies as they can sustain themselves better in times of trouble.
That being said, quoting latest KENAGA TP: ' given most of its borrowings are project financed, ring-fenced around the project assets and guaranteed by clients, YINSON has a relatively low risk of default despite the oil price downturn.'
This is just info sharing for everyone. in my humble opinion, sometimes high gearing ratio/ high debt dependent ratio is because of the nature of its business. However, if debts are executed effectively, the downside risks can be mitigated.
Rolling coverage of the latest economic and financial news as oil prices jump by more than 30% and the US jobless report reveals scale of coronavirus damage * US president claims oil production cut deal; Russia denies agreement * US initial jobless claims hit record; 6.6m people signed on last week * Earlier: One in four UK firms cut staff levels * Coronavirus – latest updates * See all our coronavirus coverage
13:11 EDT Closing summary: Trump sends oil prices rocketing and US jobless claims soar Donald Trump sent oil markets into an unprecedented buying frenzy on Thursday afternoon, after tweeting that Saudi Arabia and Russia had reached a deal on production cuts. Russia poured cold water on the details, saying there had been no deal, but it still put oil futures prices on track for the biggest daily rise ever. At the time of writing Brent crude futures prices had gained 22%. Here are the other important developments from today: * More than 6.6m Americans filed jobless claims last week, by far the largest number in history and an indication that unemployment could reach a record high. Economists said it was one of the starkest indications yet of the scale of the economic pain already inflicted on the US.
03/04/2020 2:22 AM
tkl88* In the UK, the experimental data from the Office for National Statistics said that a quarter of UK companies are already cutting staffing levels “in the short term” due to the coronavirus crisis. * British Airways confirmed that it will cut capacity by 90% year-on-year for April and May and furlough 30,000 cabin crew. * British Gas owner Centrica has joined the ranks of companies cancelling their dividends. It also announced £400m in spending cuts this morning. * National Express cancelled all of its services across the UK. And of course you can continue to follow all of our coverage of the coronavirus pandemic. In the UK, health secretary Matt Hancock says the government has written off £13.4bn of historic NHS debt:
03/04/2020 2:22 AM
tkl88Dow Jones closed at=> 21,413.44 (+469.93) (+2.24%)
03/04/2020 6:06 AM
tkl88Oil surges 35% after Trump says he expects Saudi Arabia and Russia to end their price war Shalini Nagarajan Apr. 2, 2020, 05:51 AM
* Oil prices surged as much as 35% on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to reach a deal that could end their price war and likely mitigate a sharp price collapse. * Trump said he spoke with leaders in both countries as global demand for oil continues to evaporate while much of the world is in lockdown. * A Saudi Arabia-Russia pact is expected to scale back a supply surge that led to US oil tumbling to an 18-year low earlier this week. * Watch oil trade live here.
Oil rallied sharply on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to cut back on oil production to save the drowning oil and gas industry. Brent crude oil jumped as much as 47%, to $36.29, while West Texas Intermediate crude rose 35%, to $27.39, at intrasession highs. The resource started rallying on Wednesday after Trump first signaled a potential agreement between Saudi Arabia and Russia. Trump provided different volume estimates in separate tweets, first mentioning a cutback of about 10 million barrels and then suggesting it could be "as high as 15 Million Barrels." Trump said on Wednesday that he believed a deal would be reached within days. Such a deal is expected to lower production and bring prices back up. Trump also said he had invited American oil executives to the White House to discuss measures to aid the oil industry, which has been hurt by a slump in demand due to both the coronavirus outbreak and the price war. The oil strategy meeting would include CEOs from Exxon, Chevron, Occidental Petroleum, Devon Energy, Phillips 66, and Energy Transfer Partners, as well as the former Continental Resources CEO Harold Hamm, according to CNBC.
03/04/2020 6:31 AM
tkl88Saudi Arabia calls for emergency oil meeting: state media THU APR 2, 2020 / 10:55 AM EDT Reuters https://www.google.com.my/amp/s/mobile.reuters.com/article/amp/idUSKBN21K2AD
03/04/2020 1:00 PM
tkl88(Reuters) - Saudi Arabia called on Thursday for an emergency meeting of OPEC and non-OPEC oil producers as it aims to reach a fair oil agreement to stabilize the oil market, state news agency SPA reported.
03/04/2020 1:00 PM
tkl88Wow, Amazing, Oil price continue to spike up ! As at 6.37pm, Nymex => $26.52 (+1.20) (+4.74 percent) Brent => $32.77 (+2.83) (+9.45 percent)
03/04/2020 6:40 PM
tkl88Superb, Oil Price closed at new record high ! Nymex => $28.97 (+3.65) (+14.42 percent) Brent => $34.83 (+4.89) (+16.33 percent)
Next week definitely will break the USD $40 per barrel ! Huat ah ! Heng ah ! Ong ah !
04/04/2020 6:36 AM
tkl88The alliance (OPEC+) is tentatively aiming to hold the virtual gathering on April 9 instead of Monday as it previously intended, a delegate familiar with the matter said.
05/04/2020 12:25 AM
tkl88Meeting suppose on April 6 (Monday), delayed to April 9 (Thursday). So, got 3 more days for us to Sailang on O & G stocks before it’s share price spike up to sky high ! Huat ah ! Heng ah ! Ong ah !
05/04/2020 12:27 AM
tkl88普京证实俄愿减产 April 5, 2020 https://www.google.com/amp/s/www.enanyang.my/news/20200405/%25E3%2580%2590%25E5%2585%25A8%25E7%2590%2583%25E5%25A4%25A7%25E6%258A%2597%25E7%2596%25AB%25E3%2580%2591%25E6%2599%25AE%25E4%25BA%25AC%25E8%25AF%2581%25E5%25AE%259E%25E4%25BF%2584%25E6%2584%25BF%25E5%2587%258F%25E4%25BA%25A7/amp/
tkl88Yemen’s Saudi-aligned government says Houthis attacked oil pipeline pumping station in Ma’rib: Saudi Press Agency / The Mighty 790 KFGO | KFGO Thomson Reuters April 05, 2020 01:45 am
tkl88DUBAI (Reuters) - The oil ministry of the internationally-recognized, Saudi-aligned government in Yemen said on Sunday the Iran-aligned Houthi group had attacked an oil pipeline pumping station in the province of Ma'rib, the state-run Saudi Press Agency reported. The pipeline is operated by the Safer oil company, owned by Yemen's Saudi-aligned government, the agency added, without giving details on the attack. A spokesman for the Houthi group was not immediately reachable for comment.
(Reporting by Maher Chmaytelli; Editing by Mark Potter)
05/04/2020 6:22 PM
tkl88Dow Jones Futures spike up ! As at 9.17am, DJI futures at => 21,555.0 (+598.0) (+2.85%)
06/04/2020 9:23 AM
tkl88Oil price wanted to turn green liao ! As at 10.20 am, Brent => $32.91 (-1.20) (-3.52 percent
From this morning dropped -9 percent % to now just dropped - 3 percent only !
06/04/2020 10:26 AM
tkl88Wow, Oil price going to turn green liao ! As at 2.07pm, Nymex => $28.08 (-0.26) (-0.92%) Brent => $34.00 (-0.11) (-0.32%)
06/04/2020 2:16 PM
Sonnykwaehto all bro & sis , DOW FUTURE IS UP 4.14% NOW. JAPAN UP 4.33% , HONGKONG UP 2.31% ,SINGAPORE UP 3.18% ,ASX UP 4.42% , AUS UP 4.32% JAKARTA UP 1.23% KOREA UP 3.32% TAIWAN UP 1.61% KLSE UP 0.35%
06/04/2020 2:19 PM
tkl88Dow Jones spike up crazily ! As at 10.33pm, Dow Jones at => 22,073.14 (+1,020.61) (+4.85%) !
06/04/2020 10:38 PM
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