https://www.oedigital.com/news/515554-all-subsea-systems-for-fpso-atlanta-done-with-first-oil-expected-in-august

$YINSON / 7293 (YINSON HOLDINGS BERHAD)'s FPSO Atlanta on schedule for first oil in August 2024.

Meanwhile Mabel Energy Yinson is on target.

Ongoing activities currently include mandatory adaptations by regulatory agencies, final testing, and commissioning, which will conclude the operational activities scheduled to start production on the new platform, pending the issuance of environmental operating license and authorization from Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP).

Malaysia’s Yinson Production, the FPSO Atlanta has the capacity to process 50,000 barrels of oil per day, 140,000 barrels of water per day, and store 1.6 million barrels of oil.

It will replace Petrojarl I FPSO at Atlanta field, which has a production capacity of 30,000 barrels of oil per day and a storage capacity of 180,000.

Why not?

Best dividend counter even beating Maybank and CMIB

Meow

pang72 Anywhere punter or not punters doesnt matter to me as long as you earn money with your own style.

Welcome Mabel on boards...

Sotong is in 2nd take off...!
01/08/2024 1:30 PM

Yes Indeed. Thank you Pang!

To Our Success !

Meow

pang72

Mabel,
Are you the punter reference by someone in Rhb, mbb and cimb forum?
He is continuing spamming and making noise, aiyo...
Maybe, you can give him a date to resolve the cases:)
01/08/2024 1:26 PM

Definitely it's not Mabel, Bro Pang..

Mabel's was never in RHB. Only MBB, CIMB and BIMB (Malaysian Dividend King)

Meow

Mabel decided to lock some profits today at RM 10.24...

Will collect back when the Price is right...still 2/3 holding for Dividend Play..

Tiger is so power like CIMB...

Meow

Everywhere is RED SEA...

Sap so steady..hihihi

waiting at 3.88

Support RM 5.05

Robert you need to attend the AGM..

The CEO presented a comprehensive plan and milestones to achieve this year.

Meow

wait lah next year sure up one...

this year milestone is to Submit Regulation Plan to exit PN 17

haha...it was still 4 sen at 4.55 pm...

don't worry tomorrow it will be 4 sen again...hihihi

Still 4 sen.. Hihihi

Yes indeed. Nvidia has been a darling. Mabel bought Nvidia last year..

Nvidia recently executed a 10-for-1 stock split on May 2024. This means that for every one share of Nvidia stock, shareholders received ten new shares. Since the announcement, Nvidia’s share price has already increased by 33%.

Now only holding FOC Nvidia shares.

To Our Success!

Meow

waiting at RM 5.8...

Mabel is back..hihihi

Thank you CIMB...

Indeed !

Cheers Guys

To Our Success !

Likewise, Mabel decided to lock some profits today from 7.47 to 7.51

Will collect again..

Thank you CIMB

Meow Meow Meow

Yes Nikmon..

SAP from negative cash flow has now generated more than 1.5 billion positive cash flow.

Imagine if they have secured the bank guarantee, they would have taken in more than RM 10 billion contracts across the Globe..

That's what I call credibility...

To Our Success..

Meow Meow Meow

Now Mabel waiting at RM 4.55

RM 4.690 already matched...

My pleasure Hail!

Do you know that Sapura is currently undergoing the biggest in corporate restructuring exercise in the history of Corporate Malaysia due to long term legacies contract awarded during TS Sharil’s time with risk taken by contractors?

Right now they are Renegotiate all bad contract beside completing those projects.

This can only be done when you have the best people in this field. Datuk Annuar comes with a long list of experience in Petronas and Shell Malaysia. In addition, both the New Chairman and the CEO comes fully prepared from the lists of 30 tough no nonsense questions directed to them.

Well Done Sapura Team!

Today *Mabel approved 7 Resolutions*. Beside re-appointing 3 New Directors, Re-elect Datuk Annuar, Re- appoint ERNST & YOUNG PLT as our AUDITORS, we also approved their remuneration packages to take Our Lady Forward.

To Our Success to save OUR National Treasures!

Had a great Meeting. *Summary of AGM Highlights*:

PN17 Progress: Company Turnaround Efforts are underway to turn the company around. The company is on track to exit PN17 next year. Key steps include debt restructuring, a solid business plan, and securing 75% lender support for PRS. White Knight Support: White Knights remain committed with letter received in Feb this year, providing significant assistance while remaining anonymous. A regulation plan will be submitted to Bursa for approval by year-end.

Challenges: Despite facing a substantial debt of 10.8 billion with banks, credit facility suspensions, industry downturn, and contractor risks, the company has secured financial support from lenders and vendors.

Operational Focus: The focus now shifts to margin improvement rather than top-line growth. Positive results are expected in subsequent quarters.

2024 Outlook: Despite geopolitical and supply chain challenges, new contracts are anticipated to boost cash flow and working capital.

To Our Success to save this National Treasures!

Company recently bought back 41m of its own shares at about RM2.35 avg. That's almost RM100m or about 1.3% of total shares…

I suppose the Buying is almost done.

Particulars of substantial Securities Holder
Name TAN SRI ANTHONY FRANCIS FERNANDES
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Share
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 07 Jun 2024
400,000
Acquired Direct Interest

Wah Uncle Tony bought 400,000 Capital A Shares

That show confidence

Still 4 sen.. Hihihi..

Tomorrow AGM...

AirAsia’s Tony Fernandes wants Microsoft compensation for the CrowdStrike outage: ‘If I delay my flight, you would come after me for a refund’

The outage hit global airlines particularly hard, disrupting thousands of flights as staff scrambled to get systems back online. Some airlines, like US carrier Delta Air Lines, are still struggling...

Haha Our Captain so steady...

More goodies from Microsoft soon...hihihi

It's looking good guys...

still 4 sen hihihi...

Still 4 sens...

Recovery of the tourism industry: The gradual resumption of global flight capacity and the visa-free travel agreement between China, Malaysia, and Singapore are driving the development of the local tourism industry. According to data from Malaysia Airports Holdings Berhad(MAHB) this week, international passenger traffic in its local airport network is expected to increase by 40% in the first half of 2024, with a total of 45 million passengers in the first half of 2024, reaching 87.9% of pre-pandemic levels in the same period in 2019. MAHB expects this trend to continue to rise in the second half of 2024.

Wah like this it's going to be an exciting period cuming head...

PETALING JAYA: The nation's tourism sector needs to prepare to capitalise on the estimated RM1 trillion expenditure by Muslim tourists over the next four years, says Khairul Firdaus Akbar Khan.

"With the Muslim tourist market becoming a strong force in global tourism and the Islamic economy, especially with the Muslim population worldwide reaching two billion last year, the demand for Muslim-friendly products and services is growing," the Deputy Tourism, Arts and Culture Minister said during the media launch for the upcoming 4th World Islamic Tourism Conference (WITC) on Thursday (July 18).

Overall, the total receipts from Indian tourists in Q1 2024 amounted to RM1,105.78mil, compared to RM506.12mil in Q1 2023, showcasing a remarkable increase of 118.48%.

These statistics highlight the growing importance of the Indian market to Malaysia’s tourism industry.

PUTRAJAYA: Malaysia is intensifying its efforts to entice visitors from the world’s most populous nation, with arrivals from India hitting an 80% increase this year.

A Billion in Bookings

Sunway Property, the property arm of Sunway Bhd (SUNWAY) has recorded a sum of MYR1.1 billion in bookings so far this year, contributed by 14 properties around the nation under SUNWAY’s Signature Series 2024 Campaign.

This marks the third consecutive year of booking growth for the community developer, as SUNWAY achieved MYR800 million in 2022 and soon broke the MYR1 billion point in 2023. Meanwhile, Sunway Aviana in Johor flexed a remarkable 100% take up rate in just the first two months of launch.

Moving forward, SUNWAY announced on 24 July’24 that it plans to launch its first freehold landed homes in Sunway City Iskandar Puteri Johor following this campaign’s success, according to The Star.

To Our Success !

Meow

paktua73 haha..
paktua use OTB range call as guidelines..
rm6.30 is not far..
and mr OTB also set bottom support at rm4.24(if not wronglaa)
dan paktua use that range untuk paktua set RP(Range Projection) Range..
untuk paktua set entry
RM4.24+900=rm4.69..
rm4.69-80=rm4.65

previously paktua set for own swing followers
entry rm4.66 but ytlpowr lower just rm4.67
now we get rm4.70..

still range rm4.65 to rm4.70 we set to load
all we set base on OTB bottom support rm4.24

tut tut
OTB give clear picture on his Projection
what wrong with that?
25/07/2024 10:01 AM

Thanks Paktua

Yesterday feel sad, no one wang to match Mabel queue at RM 4.790..

Today Mabel is waiting to collect at RM 4.69..

Next collection will be at EMA 100

Next collection will be at SMA 100

Within both your boundary and OTB bottom support level..

Thank you Paktua, OTB and dragon

Thanks to Sifu Mickey too to give another perspective..

To Our Success !

Meow

Same here at RM 2.48...

Those with * are the counters Mabel is holding...Mabel will continue to hold Sapnrg its not so heavy holding this ship. Beside Mabel loves to see a complete turnaround of this honest and hardworking companies...

Pos Code Stock M-Cap L4Q P/E
1 1155 *MAYBANK* 118135461959.68 12.29
2 1295 PBBANK 81719012204.35 12.28
3 1023 *CIMB* 70593871096.70 9.86
4 5347 TENAGA 68984995902.32 26.50
5 5225 IHH 55219842743.01 16.28
6 5183 *PCHEM* 54960000000.00 31.41
7 6947 CDB 49037703389.84 31.30
8 8869 PMETAL 44081955112.30 29.05
9 5819 HLBANK 41750254149.84 10.67
10 6742 *YTLPOWR* 36125825721.96 10.69
11 6033 PETGAS 35656749108.30 18.76
12 3816 MISC 35219327582.67 17.98
13 4677 YTL 33427033750.20 9.03
14 5285 *SIMEPLT* 30636615682.43 15.07
15 4707 NESTLE 29828400000.00 45.20
16 6012 MAXIS 28038836053.80 28.26
17 1961 *IOICORP* 25455055929.75 28.70
18 2445 *KLK* 25276697918.00 32.71
19 6888 AXIATA 25250274175.50
20 1066 RHBBANK 23574914555.50 8.39
21 4863 TM 23447908790.80 12.44
22 4065 PPB 22619323130.10 15.92
23 5681 PETDAG 21697035360.00 22.44
24 5211 *SUNWAY* 19644237976.54 22.96
25 1082 HLFG 19324184427.60 4.42
26 4197 *SIME* 19151829191.37 5.00
27 3182 GENTING 17407263484.51 7.68
28 5014 AIRPORT 17019255206.40 31.33
29 7084 QL 15672751975.16 35.20
30 4715 GENM 15438916084.80 42.78
31 5296 MRDIY 14550607366.68 25.95
32 5398 *GAMUDA* 14540621082.75 16.17
33 1015 AMBANK 14052143738.56 7.62

To Our Success!

Meow

PN17 Lady Sapnrg, is the weakest among Mabel's 13 Princes

Management leaves Loan restructuring to PNB while they focus on "steering this ship through turbulence”. When comes to Loan restructuring you need Real Banker, so PNB appoints CIMB MD as PNB CEO ( coming in this Month-July ) PNB New CEO is really not new, he was in PNB till 2019---guess what he Bailed-Out SAP in 2019?

In 2019, Permodalan Nasional Berhad (PNB) played a significant role in bailing out Sapura Energy Bhd. PNB invested RM2.68 billion in Sapura Energy. As a result, PNB became the company’s single largest shareholder, holding a 42% stake in the firm at that time. Despite the financial challenges faced by Sapura Energy, PNB expressed confidence in the company’s turnaround under new management...

It was still a good decision to collect today at a very good bargain price. In simple term PNB cost without considering of the 12.16% before the right issues (which is much higher) is between 30 to 41 sen per share. As long as Mabel's cost is below the PNB Cost, Mabel can sleep like a baby. Thank you so much Uncles and Aunties..

https://www.thestar.com.my/business/business-news/2024/05/07/sapura-energy-gets-us18bil-worth-of-plsv-related-contracts

Based on it’s recent contracts and selling off National Assets, Sapura Energy has now joined Yinson to secured contracts valued at US$1.8 billion (9.13 billion reais) from Brazil’s state-owned company Petrobras. These contracts are for the provision of subsea services and six pipe-laying support vessels (PLSVs).

Scope of Work: The contracts involve subsea engineering, installation, and related services in Brazilian waters. The PLSVs will perform operations such as installing flexible pipes, electric-hydraulic umbilicals, and power cables at a maximum water depth of 3000 meters.

The contracts were awarded to joint venture entities: Seabras Sapura Holding GmbH and Seabras Sapura Participacoes SA. These entities are in collaboration with Paratus Energy Services.

Cash Flow Impact: Assuming the award of this project results in a 30% down payment, the estimated inflow would be:
2.5 billion USD (from the contract)
2.5 billion USD (from the OMV stake sale)
1.4 billion USD (existing cash)
This totals to 6.4 billion USD.

With these engagements. Sapura Energy’s successful contracts in Brazil indeed have the potential to significantly boost its cash flow and contribute positively to its future prospects. Weather forecast is still looking good to get out of PN17.

Meow

AirAsia was among many companies in various sectors hit by a global tech outage on Friday. Cybersecurity firm CrowdStrike has since deployed a fix for the glitch tied to a software update.

Dear Datuk Seri

Next time why not try Mabel Scoot Airlines..

Hopefully it can help you in the futures..

Mabel Air Asia was so busy evacuating distress Malaysian stranded at Bangladesh..

Thanks God they are sooo safe now..

Well done Air Asia..

Thanks for the information Huang..

So it was PNB that is matching Mabel's queue...

They still have lots of outstanding shares..

6,794,218,206 shares which is about 37% holding.

Noted on your point. 100 Million is alot of shares..

Mabel will continue to hold as its not so heavy holding this ship.

Beside Mabel loves to see a complete turnaround of this honest and hardworking companies..

Meow

Wah so nice ...

Today some nice Uncles and Aunties match Mabel’s queue at 3.5 sen...

As long Sapnrg P&L is positive, Mabel can continue to goyang kaki..

Let see what happen this cummings quarters..

Extension has been given. No issues at all to this very honest company..

Sapura Energy Berhad (SAPNRG) has recently generated profits in two quarters. Specifically, they reported profits in the quarters ending on April 30, 2023 and July 31, 2023.

Sapura Energy turned to profit of RM82mn driven by recovery in E&C segment partly due to gain from reversal of contingency provision. This was above Mabel’s expectation. The stock price was adversely affected by the auditor’s unqualified opinion with regard to material uncertainty related to going concern in respect of FY2024 financial statement. Nonetheless, Mabel is still optimistic that the company is well on track to complete its PN17 regularisation plan amidst the upcycle in O&G development projects. Recent contract wins that boosted its orderbook by 40% to RM7bn further affirm Mabel’s stance. Hence, Mabel’s target price remain at 6 sen which is a healthy margin against Mabel’s holding cost.

BTW how much does PNB has sold?

Based on Wall Street, PNB is still holding a significant number of shares.

Ownership Breakdown
Institutions 0.514% 94,498,803 shares
Individual Insiders 5.73% 1,053,688,573 shares
Private Companies 11.4% 2,095,294,635 shares
Mabel and Team 41.1% 7,549,998,988 shares
Sovereign Wealth Funds 41.3% 7,582,461,268 shares

To Our Success !

Meow

Yes lah indeed..

Currently KLCI is trading 1622, so it’s an opportunity to accumulate more Capital A shares. Soon Mabel Airlines Capital A will join her Sister Temasek Scoot Airlines operating from Sultan Abdul Aziz Shah Airport which is the city.

This marks a significant milestone in the airline's history after AirAsia started operations 23 years ago at Subang Airport.

Meow Meow Meow

The FKLI Index ended little changed yesterday but the candles continued to trade above its 30-day and 50-day SMAs. Therefore, the upcycle from its Jun 2024 low is still intact. That said, traders should keep an eye on the 1,600 psychological level. If this is breached, more downside may be forthcoming.

Currently KLCI is trading 1622.610...

Meow

Air Asia so brave like Uncle Tony to fly into War Zone to save stranded Malaysia..

Now everyone feel safe...

Air Asia Bolih!

Meow

geary CAPITALA Monthly Pivot Points:
S: 0.68.
PIVOT: 0.85.
R1: 1.08.
R2: 1.35.
R3: 1.88.
Patience is the Only Key!
MAs/Oscillators: Neutral going Positive!?
Mr. Market is Unpredictable!
Dis: Trade at your own Risk!
14/07/2024 1:37 PM

Thanks geary...

Today some nice uncles and aunties match Mabel's queue at 82.5 sen

Thank you so much...

Meow

How many Airlines does not Malaysia has?

Only Capital A can rescue more than 100 Malaysian in Bangladesh...

So proud of this Airlines..

Meow Meow Meow

https://www.malaymail.com/news/malaysia/2024/07/23/airasias-evacuation-flight-for-malaysians-in-conflict-ridden-bangladesh-safely-lands-in-dhaka-evacuees-waiting-at-airport-to-board/144718

Well done Mabel Airlines..

Meow Meow Meow