yesterday SBB 4000, today no SBB? both got pushed down early morning and then somebody/co bought all the way up in the afternoon....

Looks like they are hoping to win a few more projects in Brazil in coming years.

https://www.businesstoday.com.my/2024/11/18/yinson-establishes-long-term-office-in-brazil/

@Johnchew5

Everybody knows about the debt, they never hide it, this coming QR, the debt will be even higher as mentioned publicly. They borrow more to build final FPSO. They took on 3 big FPSO in a short time frame.

Ownership reduction of FPSO Anna Nery was clearly written in the agreement and made public years ago. Everybody knows.

They are projected to be cash flow positive around mid 2025. about 8 or 9 months time. Hopefully sooner due to FPSO maria striking first oil many months ahead.

seems like for the past 2 months Yinson has been buying when market opens and bought all the way up... then it comes down. I noticed 2 days ago, they've changed strategy, they let the seller sell down first and then buy up. not sure why.

i believe the damage is done already, many local coffee chains took away their customers. finish.

I've seen this kind of drop before, when a stock drops with no bad news available, it usually means insiders knows something we dont, and it will continue to drop till it stabilize (they finish selling), when? nobody knows, maybe today, maybe tomorrow, maybe next week.

anybody that says they know where the bottom is.... are lying. nobody knows.

This gas thing, pchem involved? I thought pchem is into chemicals?

@mushimushi

Anwar dont have the upperhand, without the votes from Sarawak, PH will collapse. So, end of the day, Sarawak gets what Sarawak wants. Is it Anwar's fault? Can't blame him, he doesn't have the numbers.

seems like insider knows coming QR will be bad and going forward will be worse.... insider always throw before bad news is made public.

Super Micro Computer halted construction of a new factory in Malaysia, prompting Malaysia’s YTL Corp. to transfer orders for Nvidia GB200 NVL72 AI servers to Taiwan’s Wiwynn, media report, noting the original order was for a ‘super large’ AI data center. It’s the first substantial order transferred by a Super Micro client to a Taiwan firm, the report says.

https://x.com/dnystedt/status/1855794043713904662?t=kB38SHflZrOtG2NUZhXCwg&s=19

Super Micro Computer halted construction of a new factory in Malaysia, prompting Malaysia’s YTL Corp. to transfer orders for Nvidia GB200 NVL72 AI servers to Taiwan’s Wiwynn, media report, noting the original order was for a ‘super large’ AI data center. It’s the first substantial order transferred by a Super Micro client to a Taiwan firm, the report says.

https://x.com/dnystedt/status/1855794043713904662?t=kB38SHflZrOtG2NUZhXCwg&s=19

PE46 for something that almost reached maximum TAM? unless they have some new ideas, the stock is unlikely to grow.

more dumping? theedge reports yesterday huge dump was by local institutions.... means, more to go? how?

Turtle in the end is slow but still win the race.... this one... can win or not?

not Jaya Tiada? (No Success)

seems like insider knows the coming qr....

"Don't blame a clown for acting like a clown. Blame yourself for going to the circus."

It takes 2 hands to clap.

unless they starts sourcing their own 'brand', like kirkland for costco, or what mrdiy is doing, profit margin will remain low. do they want to go to that route?

finger cross... the only thing that flew was the debt, understandably they use the debt to build the FPSO... hopefully not another 5 years.

good news or dead cat bounce? can fly or not?

Finally, FPSO Atlanta first oil soon.
I've been asking this for 5 years.... when Yinson gonna fly? This time can fly?

88million new shares issued at Rm1.35... hmmm.... will drop to rm1.40?

can buy?

really CCK... consolidated....

going back to PE1 to 5 soon

@prettygal

Need so much electricity meh? So many telco company set up their towers above shop lots. U can go and see for yourself. Need so much like factory meh? Shop lot also can handle, school cannot? U go see above some shoplots lah… some full of antennas

FPSO Atlanta was expected to complete the anchoring, mooring, cabling etc around May/June… First oil was expected around August 2024. First oil was never expected in May, that was when they just arrived at the field.

First oil was delayed because of the strike by the brazil environment workers, government servants. It was delayed, now expected first oil is december 2024.

I waited 5 years…. Maybe need another 5 years… next QR can fly or not? We all know next QR the debt will be even higher… probably the last QR with increasing debt.

Dropping like as if Nvidia cancel the agreement/contract…

They are discussing in Laos parliament.
https://kpl.gov.la/asean2024/En/detail.aspx?id=85645

Will take some time.

at this stage, the only way for yinson to fly is when they pay down their debt. till then, whatever they do, price not gonna fly. yinson knows this... question is, are they acting on it? or continue to pile in on more debt?

Is it Yinson's fault if the strike is by Brazil public officials?

how does minimum wage effect their profits?

next month (dec) FPSO Atlanta first oil... can fly or not?

https://brazilenergyinsight.com/2024/09/11/brava-energia-obtains-ibama-license-to-operate-fpso-atlanta-and-is-now-waiting-for-anp-approval/#more-65908

Brava Energia obtains Ibama license to operate FPSO Atlanta and is now waiting for ANP approval

Auditor dont simply resign… unless got something fishy

This one… how low it goes also dont dare to catch the falling knife… pe high is not the problem.

Go read about TNB and YTL IPP....

Biggest crony in Malaysia

https://www.malaysia-today.net/2015/12/20/if-you-still-think-1mdb-is-bad-news/

Quote from website:"The ERL (YTL KLIA Express) is a 30-year concession that will end in 2032. Under this 2002 concession agreement, RM5 from the airport tax for each KLIA international passenger has to be paid to ERL whether the passenger uses the ERL or not. Malaysia Airports Holdings Berhad (MAHB) has been paying this RM5 per person charge to ERL since April 2002."

https://www.youtube.com/watch?v=ASlkM69iexw

Water Treatment Plant project near Taman Mas Puchong river bank collapse

so many stocks.... how do you even monitor all of them. started off with 1million and now have 600K. you are better off doing the 10-10 strategy. 10% in 10 stocks each. just buy good stable stocks and dont look at it.

maybank
pbbbank or HLB

utdplt
inno

UOAdev
Gamuda

QL
Aeon

Yinson or MFCB
Dialog

Forget about tech, our tech stock have higher valuation than TSMC... 0 logic at all, higher PE than Apple....

yes, not ready yet. It takes time. maybe 10 years for other subsidiaries to grow into a big enough size, but i doubt it will be anywhere near the hydro. QL's familymart took so long, now still growing and consider big, but not very big.

@Pinky

I am very sure when Hong Leong started, also starts small and grew and then split and split... If one day one of MFCB's subsidaries grew very big, they will split it out and list on Bursa too. Give them time to prove themselves. Maybe it works, maybe it won't. We'll never know. At least they are trying to grow and not just sit comfortably like Orient, Berjaya etc...

@Pinky

They said energy/RE will always be their core. And from profit, it is. If they can deploy their cash and grow into other businesses, it is good news. Hong Leong also diversified into many other businesses.

I really hate this type of 'Window Dressing' thing. Right before IPO, suddenly the profit went up alot... when for the past few years, the profit never had this sudden spike.

Is the current profit sustainable? or just a one off because of the IPO? If the next few quarters they can sustain the same profit, then they deserve the high valuation, but question is, why IPO when they can make so much money? they dont even need the money to begin with.

@Johnchew5

U have problem with SSLee... so PM him, no need to spam in every counter he invest.

@Bullrun 18

Sorry, wrong article. This is the one.

https://www.reuters.com/world/americas/brazil-environmental-worker-strike-deepens-hit-oil-output-now-200000-bpd-2024-06-28/

@speakup

Well, just because u want to buy, doesnt mean people want to sell. many wanted to buy up 99 before they became so huge, 99 boss dont want to sell.

@Johnchew 5

FPSO Atlanta delayed because Petrobas worker was on strike. Thus the delay.
https://www.reuters.com/article/petrobras-strike/petrobras-workers-strike-company-says-operations-unaffected-idUSL1N2A105J/

Which will be resolved eventually and has nothing to do with Yinson.