Hoho FPSO Anna Nery is First Oil on May 2023 …

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Posted by Johnchew5 > 10 minutes ago | Report Abuse

Hoho Yinson latest refinancing is sold FPSO Anna Nery equity % :

on Yinson FPSO Anna Nery Financing n Refinancing:

1.) 21/8/2021 : Sumitomo own 25 % with USD 670 million .

2.) 22/10/2024 : K Line own 11.8 % with USD 49 million.

Hoho Jaks with Current Ratio 1.04 , ie Working Capital can be Last for 12.5 months…

Hoho Yinson also spend a lot of money on SBB where as EPF n KWAP are yummy yummy either Price Up or Down … their Fund Managers are smiling ..

Referred to FY2024 Annual Report >

Treasury shares ( SBB ) : 157,333,000 unit ( 4.94 % , RM 369 million)


> QR ended July 2024 :

Treasury shares ( SBB ) : ? Unit ( ? % , RM 470 million )

Posted by Mikecyc > 8 minutes ago | Report Abuse

Jaks , PMcorp n Yinson financial ratios comparison: 👉 ( add in Konartist Sslleee promoted SCIB with TP RM 1.00 by early 2025 , without knowing the Major over 20 % is on Force Sell .😱🤔) :


1.) Jaks : Price RM 0.135

EPS 0.71 sen
Trailing PE (Sector Median: 21.1) 18.9
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.78 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %
Profit Margin (Sector Median: 4.0) 35.93 %
ROE (ROIC: 0.73) 0.93 %
NTA 0.6000


2.) PMCorp : Price RM 0.135

EPS -12.97 sen
Trailing PE (Sector Median: 14.0) 0.0 ( - 1.04 )
Current Ratio 1.42
Debt-Equity (DE) Ratio 0.6
FCF Yield -5.37 %
Revenue QoQ -11.14 %
Revenue YoY -11.14%
Profit QoQ 88.2 %
Profit YoY -171.45 %
Profit Margin (Sector Median: 2.1) -46.2 %
ROE (ROIC: 11.05) 12.81 %
NTA 0.2326


3.) Yinson : Price RM 2.60

EPS 28.52 sen
Trailing PE (Sector Median: 9.5) 9.1
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.63 %
Revenue QoQ -3.25 %
Revenue YoY -29.03%
Profit QoQ 0.0 %
Profit YoY -2.4 %
Profit Margin (Sector Median: 5.8) 8.99 %
ROE (ROIC: 4.16) 10.24 %
NTA 1.8900


4.) SCIB : Price RM 0.25
EPS 0.33 sen
Trailing PE (Sector Median: 13.7) 74.8
Current Ratio 1.53
Debt-Equity (DE) Ratio 1.1
FCF Yield -13.07 %
Revenue QoQ 0.13 %
Revenue YoY 14.57%
Profit QoQ -166.01 %
Profit YoY -223.97 %
Profit Margin (Sector Median: 6.4) 1.27 %
ROE (ROIC: -10.78) -12.47 %
NTA 0.2300

Hoho Yinson latest refinancing is sold FPSO Anna Nery equity % :

on Yinson FPSO Anna Nery Financing n Refinancing:

1.) 21/8/2021 : Sumitomo own 25 % with USD 670 million .

2.) 22/10/2024 : K Line own 11.8 % with USD 49 million.

Hoho Yinson shl not be Bankrupt easily as FPSO Maria : 100 % ( 1st oil on October 2024 ) with Production Capacity 70,000 bpd …

But FPSO Atlanta First Oil is delayed n delayed …( from initial commission on February 2024 … First Oil is scheduled on May 2024 .. then August 2024 .. then end November 2024 .. still no update… production capacity is 50,000 bpa …

Hoho Konartist sslleee n his aka id Kon gang play Crack Spread Wayang in Hengyuan at RM 7.00 on May 2022 …

Hoho today ( 3/5/2023 ) just discovered konartist : The Lies on HRC ( Hengyuan) and Petronm :


Sslleee n Probability had been Promoted Petronm n HRC at RM 7.00 with Crack Spread, Crack here Crack there Crack other ppl Pockets …




>>> Very Surprising is found out today Probability is VictorYong aka id … as they Kacukan Tipu in Tunepro …also in Netx after Konartist Ssllee surfaced in Netx told lies to bail out Stockraider…

Probability n aka id will own delete posts …

Post removed.Why?

Posted by Mikecyc > 3 minutes ago | Report Abuse

Haha what a Pokkai TinKosong KonPetHuangbk …Promoted PMCORP blowing with TP RM 2.00 without facts n figures…see its Value since 2013 wow.

Recently sold Asset n acquired 100 % A&W but the result is incurred Losses for 4 consecutive QR …with NTA 0.23 seems No more assets to be Disposed….


👉Where as Jaks :

👉Jaks got 2 Cash Cow Projects with Commercial Operating Date : 



1) Vietnam JV Power Plant 1200 MW , EPCC RM 8.7 billion : January 2021 with BOT 25 years contract . 



2) Local Solar LSS4 Project 50 MW in Penang ( asset owner of the Solar farm , included Freehold land ) : is COD on 21 August 2023 with 25 years TNB PPA ( increased from 21 years )


👉Looking forward to Solar CGPP 30 MW project which is scheduled to be COD by end 2025 ..




Jaks :
EPS 0.71 sen
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.78 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %
Profit Margin (Sector Median: 4.0) 35.93 %
NTA 0.6



PMCorp:
EPS -12.97 sen
Current Ratio 1.42
Debt-Equity (DE) Ratio 0.6
FCF Yield -5.37 %
Revenue QoQ -11.14 %
Revenue YoY -11.14%
Profit QoQ 88.2 %
Profit YoY -171.45 %
Profit Margin (Sector Median: 2.1) -46.2 %
NTA 0.23

Hoho Half past six Konartist sslleee yr Senior in UM ke … so mad in Jtiasa ? same like u le old oredi still want to talk KoK le … is same like u ke the pokok pisang cannot grow up anymore ke …🤣🤣🤣🤔




Posted by Philip ( buy what you understand) > 4 hours ago | Report Abuse
Yes, I have zero respect for kids who talk and talk and attack people for things since 2020, 5 years ago and gave given nothing beneficial to this platform. I detest these type of users the most, talk cock so much bu

Hoho now selling Yong Tau Fool ke …🤣🤣🤣

Post removed.Why?

Hoho Half past six own claimed TA n FA Guru Konartist sslleee … any progress update on FPSO Atlanta First Oil ? Oredi End November le ? Is ANP working on Saturday???🤣🤔

Hoho Repost :

Jaks LSS4 50MW RE Solar in Penang :
which is the asset owner of the solar farm .. is COD on August 2023 with TNB 25 years PPA …. CAPEX is RM 200 million:


>QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18.11 %


>QR ended June 2024 :

👉 Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


👉👉 Average Profit % for Half year 2024 is 13.22 % … compared to Yinson Half year ( February to July 2024 ) FY2025 is 13.85 % ( RE in India )

Hoho oh is JV ke with Profit sharing but curious on the % ???🤔


Project Matarani is currently under construction and is expected to enter commercial operation by third quarter of 2024. In addition to the SPV acquisition for ~USD25 million, Grenergy is providing a full turnkey EPC contract for the construction of the project and is entitled to further earnouts (collectively valued at ~USD65 million). Grenergy will also provide the operation and maintenance service for the plant for the first two years.

Hoho interesting le … Jaks LSS4 50MW in Penang as Solar farm asset owner ( included freehold land ) with EPCC RM 200 million…obtained syndicated loans RM 220 million…

Yinson 97MWp Matarani solar plant, located near Arequipa, Peru …has secured a US$59 million (RM262.48 million) senior secured green financing facility .

Anyone can share what is the EPCC value ? TQ …

Yinson :


FPSO Jak : 74 %

FPSO Helang : 100 %

FPSO Abigail : 100 %

👉FPSO Anna Nery : 75 % ( is reduced to 63.2 % on October 2024 due to Refinancing , 1st oil on May 2023 ) . Currently contributing 50 % of FPSO Segment Revenue !😱🤔


FPSO Atlanta : 100 % ( initial 1st oil is scheduled by May 2024 .. then August 2024 .. then ?? )

FPSO Maria : 100 % ( 1st oil on October 2024 )


FPSO Agogo : 100 % ( still in Construction, 1st oil is scheduled by early 2026 )

FPSO Lam Son : 49 %

FSO Bien : 49 %

Hoho Thats why Yinson is also thirst for New FPSO order as :

FPSO Anna Nery is contributing ard 50 % , on FPSO segment Revenue where as the other 5 Operating FPSO are contributing 50 % ( ie : illustration > each one contributing 10 % only ) .


But Assets on QR ended July 2024 :

Non current contract asset : RM 11,389 m

Current contract asset : RM 544 m

Total Contract asset = RM 11,933 m


Total Loans n Borrowings = RM 19,580 m


USD Loans n Borrowings interest is 12 % n 13.88 % ( AR FY24 )

Hoho worried hidden risks on Yinson QR ended April 2024 n July 2024 :

>QR ended April 2024 , Net Profit RM 203 million- RM 236 million ( increased of Loans n Borrowings) = - RM 33 million.

>> QR ended July 2024 , Net Profit RM 203 million- RM 3,025 million ( increased of Loans n borrowings) = - RM 2,822 million.😱



-

Yinson Loans n Borrowings:


3.) QR ended July 2024

RM 19,580 million


👉Compared Q to Q : is increased by RM 3,025 million.



2.) QR ended April 2024

RM 16,555 million.


👉Compared Q to Q : is increased by RM 236 million.


1.) QR ended January 2024

RM 16,319 million.

Haha Good Sign on Jaks QR ended September 2024 :

1.) Selling n Distribution Expenses, Other Operating , Administrative Expenses:
RM 13.68 million vs September 2023 RM 30.91 million…..👉 is reduced by RM 17.23 million/ Quarter.


2.) Share of Profit in Joint Venture is RM 36,292,000 vs September 2023 is RM 35,962,000 ….. 👉is increased by RM 330,000 .



3.) Net Profit is RM 22.5 million vs September 2023 is RM 7.1 million….👉is increased by RM 15.4 million.


4.) Borrowings n Over Draft is RM 474.07 million vs September 2023 is RM 494.69 million…..👉is reduced by RM 20.62 million.



5.) Deposit held as Security values is RM 12.08 million vs September 2023 is RM 34.40 …. 👉 is reduced by RM 23.32 million.

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million. ( Vietnam Joint Venture Power Plant 1200 MW with EPCC RM 8.7 billion is COD on January 2021 )


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…4QR is Loss ( 24.8 million )

👉👉 Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.

>>👉3QR : RM 14.1 million with Net Profit RM 22.5 million.


( Note : Vietnam Power Plant Joint venture company is 30 % .. an associate company) .

Jaks LSS4 50MW RE Solar in Penang :
which is the asset owner of the solar farm .. is COD on August 2023 with TNB 25 years PPA …. CAPEX is RM 200 million:


>QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18.11 %


>QR ended June 2024 :

👉 Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


>QR ended September 2024 :

👉 Revenue : 4.7 million, Profit RM 0.3 million.. 6.38 %


👉👉 Average Profit % for 9 months of 2024 is 10.94 %

Hoho the gimmick on how Jaks finance its 30 % share capital investment, RM 600 million:


1.) Cash RM 200 million


2.) Profit from EPC2 construction contract RM 400 million.


So far Profit from 30% associate Joint Venture Vietnam Power Plant 1200 MW company from October 2016 to September 2024 :


> 400 million + 597 million = RM 997 million + 36.29 = RM 1033.3 million 👍

Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> Total = RM 561.463 million


> Share of Profit in QR ended June 2024 = Rm 21.33 million

Dividend = RM 14.21 million

👉 Total = RM 597 million.


> > Share of Profit in QR ended September 2024 = Rm 36.29 million


👉Grand Total 🟰 RM 633.3 million 👍

> Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction contract of the Vietnam Power Plant, EPC2.)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

Hoho Jaks got 2 Cash Cow Projects with Commercial Operating Date : 



1) Vietnam Power Plant 1200 MW : January 2021 with BOT 25 years contract . 



2) Local Solar LSS4 Project 50 MW in Penang : is COD on 21 August 2023 with 25 years TNB PPA ( increased from 21 years )

👉Looking forward to Solar CGPP 30 MW project which is scheduled COD by end 2025 ..

Jaks 👉👉👉

2QR ended June 2023 :

> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )



>> Accumulated Profit on 3QR ended September 2023 : 350,327,000


👉 》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000


👉👉 Accumulated Profit on 1QR ended March 2024 : 361,786,000


> Accumulated Profit :
March 2016 = 55,453,000 … > June 2024 = 369,116,000 .

> September 2024 = 391,407,000

Jaks non current asset :

Investment in Joint Venture:

QR ended

> March 2016 = 128,297,000

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )

> March 2022 = 748,656,000

> March 2023 = 829,105,000

> September 2023 = 897,378,000

> December 2023 = 904,495,000

> March 2024 = 936,836,000

> June 2024 = 943 ,960,000

> September 2024 = 980,252,000

Hoho Compared the Financial Ratios , r u saying Yinson is worst than Jaks …..


Jaks :
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %

Yinson:
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.84 %

Post removed.Why?

Hoho alamak Konartist sslleee TinKosong KonPetHuangbk pun mari ke ….

Pokkai TinKosongHuangbk blowing PMCORP with TP RM 2.00 , see its Value since 2013 wow.. ( Calvin blowing RM 5.00 to RM 10 ) …must be loss naked liaw .. want to share ❤️in PMCorp wow .... hibernated more than 7 years in a cave since 2014 until 2021… must be created a lot aka id … beware .




>> Pokkai TinKosongHuang joined the Kacukan 🐍Tippu Tippu gang ( even Tippu newbies membership fees RM 100 ) in TopGlove on 2024 to promote HK/China and US stock ____. Beware ..

Aka ID Marry n MrHuangbk n jc963852 are Banned permanently.

Aka id MrHuangbk is banned permanent recently due to created many similar id / abusive id to post abusive n unethical contents ..

Post removed.Why?

Hoho Compared the Financial Ratios , r u saying Yinson is worst than Jaks …..


Jaks :
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %

Yinson:
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.84 %

Hoho is ANP working on Saturday n Sunday ???? Or tomorrow is end of November working day ????


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Posted by Johnchew5 > 2 hours ago | Report Abuse

Hoho still a Serba story teller Promoter ke …

Posted by Johnchew5 > 17 hours ago | Report Abuse

Haha why u so slow le … someone oredi posted the link earlier le …

👉As a result, the firm plans to complete the submission of other conditions required by ANP for the start of operations of the FPSO by the end of November 2024.

Recalled ard 2 years ago .. he posted his Serba subsidiaries screenshot ( at that time I am still did not know he is Serba Promoter ) .. n is twisting with his thread …

I found the variance between.. and queried… Konartist sslleee defended him be4 he reply …

Hoho in fact I just realised recently the Buy What U Not Understand is the 🐍n 🐉story teller to Promote Serba even in Account Fraud…

Still using his long tongue to promote le …🤣🤔

Hoho still a Serba story teller Promoter ke …

Posted by Johnchew5 > 17 hours ago | Report Abuse

Haha why u so slow le … someone oredi posted the link earlier le …

👉As a result, the firm plans to complete the submission of other conditions required by ANP for the start of operations of the FPSO by the end of November 2024.



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Posted by Philip ( buy what you understand) > 22 hours ago | Report Abuse

Fpso petrojarl already left in October and subsea completed connection of wells 4-6 in early November. The ANP is doing inspection this week so should be in December start production. Very very fast work from all involved.

Anything more to say?

https://www.youtube.com/watch?v=cTHUuANWF5M

Premier dreams of a future in Sarawak where water replaces petrol as vehicle fuel

https://dayakdaily.com/premier-dreams-of-a-future-in-sarawak-where-water-replaces-petrol-as-vehicle-fuel/

Post removed.Why?

Hoho up or down … EPF n KWAP pun yummy yummy 🤤 sedap nya …

Haha why u so slow le … someone oredi posted the link earlier le …

👉As a result, the firm plans to complete the submission of other conditions required by ANP for the start of operations of the FPSO by the end of November 2024.

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Posted by Philip ( buy what you understand) > 4 hours ago | Report Abuse

https://www.offshore-energy.biz/out-with-the-old-fpso-after-eight-years-in-with-the-new-one-at-oil-field-offshore-brazil/

Hoho any update on FPSO Atlanta First Oil ?😱

Hoho 2nd Volume Play Case Study in PA on 2021 with 2 objectives : 



👉 a) To share n learn Investment knowledge n skills as Newbie n ikanbilis. 



👉 b ) To Exposé kon man n actor… 

No Respect on Kon n Actor ..

>>>
in PA .. Case Study is from Mid Uptrend , ie : 16.5 sen Up to 24 sen before share consolidation 2 into 1 … Peak is 59 sen ( Point 1 ) … then down with swing swing swing many times .. tanam biji dan tuai hasil many times … after which highligted to learn to try to catch the starting Uptrend to Point 1 ( Peak Range ) ..

Post removed.Why?

Hoho yes n thanks for reminding on FPSO Anna Nery refinancing :


while FPSO Anna Nery which First Oil on May 2023 contributed 50 % of FPSO segment Revenue.. ownership is reduced from 75% to 63.2 % on 22/10/2024 due to Refinancing …

QR ended January 2025 shl be seriously impact ….

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Posted by Holdom2040 > 20 minutes ago | Report Abuse

Would the forex loss great? Reporting period is till 31oct right? The myr has weakened from 1-31oct. The sales of small stake in anna nery will be counted this qr?

Hoho yes .. that’s why is the only Swing over 10 years as Entry opportunity…n CutWin …


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Posted by Holdom2040 > 5 minutes ago | Report Abuse

Counters like pchem has great forex loss cuz they report till 30september, time when usd is the strongest. Yinson report till 31st oct, right? Will be less affected?

Hoho Repost n update : Johnchew123 is not me … since 2019 there is Haha n Hoho …

Posted by Johnchew5 > 1 day ago | Report Abuse

Hoho why Hide … in i3 there is Haha n Hoho whom no respect on Kon n actor …

USD to MYR Chart
-4.68%
(1Y)
US Dollar to Malaysian Ringgit
1 USD = 4.46506 MYR
Nov 26, 2024 at 04:48 UTC

Hoho Repost :

Pchem

Hoho this is interesting… let’s see coming QR result ended September….an opportunity for Entry or CutWin ???

Referred Pchem :

> QR ended June 2024 :

Exchange Rate :

USD / MYR

Average Rate 4.7323
Closing Rate. 4.7205


>> 30/9/2024 4.12557

USD /MYR is depreciated by 12.85 %


>> As at 31/10/2024 4.37901

USD /MYR is depreciated by 7.47 %


>>> As at 8/11/2024 4.38259

Jaks :

USD to MYR >>>

31/12/2023 : 4.58927


>> As at 31/10/2024 4.37901

>> As at 22/11/2024 4.46756


1.) Referred FY23 Annual Report:

Exchange differences:( RM 7.38 million )

Investment in JV : RM 904.45 million



31/12/2022 : 4.4005

2.) Referred FY22 Annual Report:

Exchange differences:( RM 7.38 million )

Investment in JV : RM 800.78 million