waiting sell 20,000 at 16.60

waiting buy 30,000 back at 16.40

sold 30,000 at 16.50...hahhaa

coming coming

waiting sell 30,000 at 16.50......hahahaha

bought back 20,000 at 16.38 again!!!

bought back 20,000 at 16.36

sold 50,000 topglove at 16.58 bought 15.35 one 1st.....

intra-day can gain over RM60k....hahaha


Johnng8882020 16.6
12/06/2020 9:17 AM

bought 100,000 unitst just now
All SOCAI sell to me tq

the Dow plunging more than 1,850 points,no way to run now, either you cut loss or keep in ice box for 1 year.

so today gap down how much ? able to stay RM0.60 ?

Brent Crude oil price drop again sigh .... like that how to fly ?

Better watch a boring movie

Candlesticks too bad no volume, sharks are not coming to makan.
09/06/2020 10:59 AM

Can RUN faster RUN

___ No power


Candlesticks hopefully tomorrow will have some positive movement.

All in Topglove at 11.28-11.50

Howyoudoin GENM2020 must be crying now...

just sold 20,000 at RM15.62

just sold 30,000 at RM15.6

i bought 50,000 at 14.52 yesterday....Huat !!!

Talib....don't envy la....hahaha

sold wb at 33.5c just now...almost profit 33k profit in 2 days

luckily sold at 79c ...hahaha

sold at 33.5c just now...almost profit 33k profit in 2 days



SuperPanda gpacket wb 33c now, sold gpacket wb for almost 5K profit in 3 days

____________
Ron90 SuperPanda Hibiscs WC premium 117% out of money. GPacket WB -32% already in money. Dont waste time to grab. Now selling at 28c only.
20/05/2020 4:25 PM

WTI CRUDE OIL : 48.65
⬇ 1.25 / 2.51%‼

BRENT OIL : 53.38
⬇ 1.57 / 2.86%‼

Yinson could win second FPSO project in Ghana after LOI award
RHB Research Institute
/
The Edge Financial Daily

February 25, 2020 10:23 am +08
This article first appeared in The Edge Financial Daily, on February 25, 2020.

Yinson Holdings Bhd
(Feb 24, RM7.04)
Maintain buy with a target price (TP) of RM8.22: Yinson Holdings Bhd has been awarded the letter of intent (LOI) for the Pecan floating production storage and offloading (FPSO) project, conditional to approvals including the Ghanaian authorities’.

We estimate this project to add RM1.55 per share before a share dilution to our TP. If Yinson secures this job and the Parque das Baleias project in Brazil — forthcoming in a few months — the company is likely required to raise equity funding of RM500 million to RM1 billion, potentially leading to a higher share base of 7% to 14%.

We are positive about the LOI award as it marks a potential second FPSO project win for Yinson in Ghana. According to global oil, gas and energy news resource Upstream, the FPSO’s capacity is 110,000 barrels of oil per day (bpd), 110 million cubic feet of gas per day and 200,000bpd of produced water with a storage capacity up to 1.6 million barrels.

Based on our back-of-envelope calculations, assuming a US$900 million (RM3.8 billion) capital expenditure (capex) and an internal rate of return (IRR) of 15%, the implied daily charter rate could be around US$606,000 per day, quite similar to the FPSO JAK. With that, the total contract could be worth US$2.9 billion. We understand Yinson had yet to finalise the financing structure but is likely to hold a 100% equity stake in this project.

Our forecasts are maintained pending the LOI’s conditions to be met. Take note the Pecan project could add RM1.55 per share before a share dilution to our TP assuming a US$900 million capex, a 15% IRR and a debt-to-equity ratio of 80:20. This brings our TP to RM9.77, fetching the upside to 37%.

Our TP would then be adjusted to RM8.65 to RM9.17 (reducing upside to 22% to 29%), assuming a 7% to 14% higher share base to raise RM500 million to RM1 billion in cash. Risks include contract terminations and unable to secure new jobs. — RHB Research Institute, Feb 24

https://www.theedgemarkets.com/article/yinson-could-win-second-fpso-project-ghana-after-loi-award

UP!! UP!! UP !! TP 9.5

TP 9.5!!!!!!!!!!!!

https://www.theedgemarkets.com/article/yinson-seen-win-another-big-fpso-project-year

https://www.yinson.com/corporate-presentation/