https://www.oaklandspath.com/the-fpso-industry-and-top-tier-lessor-and-operator-yinson

@ OTB, I believe you are recommending a very good counter here. Perhaps we could see a good run going forward soon.

"OTB
I recommended Supermx at 3.60 in 2020, the share price went up to a high of 24.50.
I recommended YTLPower at 1.10 - 1.20, I hope the share price can hit at least 4.20 in 2024.
5.00 to 6.00 in 2025.
Good luck in 2024. "

@OTB, Looking at the market momentum RM4.20 in 2024 is a piece of cake. [Based on EPS of 42 sen only PE 10 ]
Do not discount a PE of 15 giving a TP of RM6.30. [ KLCI average PE is 15 ].
That also ignore the hugh potential that the AI deal will bring.

OMG....Up a few sen, these two pension fund start to sell??

looks like sky is the limit now.

Conservatively RM4 by CNY for a PE of 10. no?

"OTB The technical charts of YTL and YTLPower showed buy signals in March 2023.
I started to look at these stocks after March 2023.
Good quarter results only showed after May 2023. "

OTB,Perhaps you could update if it is still your pick on a quarterly basis? no?

Trading at attractive PE indeed. Perhaps if the next qtr results can be as good or better than the 3rd qtr result then it could just take off in late March 2023. no?

OTB, is Yinson TA bullish now?? tq

The CEO Lim Chern Yuan made the following comment in “ the edge” article 4 months ago :--
“We have never been in such a good position to negotiate contracts, with our order book, we are looking at closer to a billion dollars of Ebitda by 2025, 2026.”

With that kind of statement, you can be rest assured that he knows what he is talking about and we just need to be patient and wait another two qtr results to see the price performance. One needs patience to win ? no?

What will drive Yinson stock price? All IBs covering the stock recommended a buy and yet listless after good qtr result. Are foreign institutional investors shying away from oil related stock?
Perhaps need to wait for 2 more quarters results before potential investors /traders are convinced that Yinson can consistently deliver good results?

Good Qtr Result. Hope stock price will perform better in days to come.

Come 18.12.2023, YTLpower should be trading at a PE of at least 10 ? That is not a big ask.
That should price YTLP at least RM3.35 ? no?

QTR 31.10.2023 results due out by end of the month. Looks like it will still meet expectation, but the share price is still listless. Disappointing indeed.

The IBs will probably revise their TP upwards on Monday.

If Yinson is going to be flat in 2024 as well then the mother share would be a better choice?

@OTB, I have no doubt at all. Why are they saying you lose money? As a matter of fact, I follow you to hantam Yinson-WA. Hope it turns out very well in 2024.

@Charles, I thought sifu OTB always make money?

Dragon328,
Pretty good write up. Thank for sharing. Well... on a 3 year investment horizon ,YTL or YTLpower ?

EPF seems to be collecting at current prices. hope this continue till year end.

Is YTLP technical uptrend still intact ? Just normal correction before the next push? Qtr result going to be shitty?
Perhaps time to pick up if you missed the earlier round ?

When price has moved from 70 sen to RM2.35 now, one need to be super careful. If YTLP can maintain the kind of profit achieved in the last qtr, there is always room to move up further. Qtr result to 30.9.2023 should be the key. If PAT drop to say RM500M, which was QTR 31.3.2023 figure, will current price hold ???

After EPF ceased to be a substantial shareholder of YTLpower, it started to head north beautifully. Perhaps it is Sunway's turn now.

We all can see that the price of YTL power has gone up from 65 sen to RM2.29 in a space of 12 months. The chart specialists are super bullish. It may hit RM2.90 soon and even RM4 in 2024. Perhaps it is not wrong to question if YTL power has the fundamentals to hit RM4 or even RM2.90 ?
of course I would be happy if it goes up to RM4 as I am stlll holding it.

YTL power moved up strongly after EPF ceased to be a substantial shareholder. Perhaps EPF should sell more and cease to be a substantial shareholder then we can have a party ?

Perhaps more accurately put is the variable cost.

Timely recommendation from OTB at current level. At least people cannot accuse him of pump and dump. His cost would probably be around RM2.45 ? so if you trust his stock pick, buy now and don't wait till RM3.5 and later blame him for sending you to Holland.

Thank you for your input OTB. Can I assume you are of the view that one can easily double your money in 18 months?

Final final extension to 7 Jan 2024 ? not possible?

EPF is holding around 450M shares. No reason for EPF to dump to hurt its own pocket. The are probably "trading" or just reduce their holdings to sell at a certain price. Yinson chart may look like shit now, but the bottom is not far away. no?

Headlines from some IBs today :--
1. CIMB " Smooth execution of current projects" TP=RM3.27 [from RM3.57 ?? ]
2. Kenanga - "Anna Nery's Charter income kicks in" TP = RM3.79 [from RM3.65 ]
3. Maybank IB - " 1HFY24 met expectations " TP RM5.05 [ Unchanged]

Mr market says -- not impressed ??

Yinson delivered. PAT within expectation. Will there be a rerating on Monday?

TQVM OTB. Appreciated.

OTB, talking about energy stock. what is your take on Yinson ?

Perhaps Capital A is too 'Big" to fail. They will probably get another extension if they can't meet the 7 Oct deadline?no?

https://theedgemalaysia.com/node/681667
Yinson targets near US$1b ebitda by 2025

Why does Yinson refuse to move up despite the rosy profit projections? Is the profit projection for real or is there a catch? The qtr result due out before month end should provide some direction. Someone I heard bought Yinson WA using margin financing and will be subjected to heavy capping after september 2023. Can it be interpreted as the broker know something we dont??

Good show today. Yinson WA could probably catch up tomorrow.

MBB research raised TP again ??

OTB is back? Hello.
What is your top pick for 2023?

Looks like Yinson is holding well now. UOB TP RM4.45 and AM invest TP RM3.89. FBSO Agogo could be the positive catalist. Yinson WA looks attractive?,

Icapital recommended CapitalA as a value investing counter ? Really? Perhaps on its digitalisation front.

Give OTB and Probability the benefit of the doubt. They are responsible people who promote the stock. Perhaps in a couple of hours they will come out with an explanation of why the qtr result is so different from their projections. The results are certainly shocking.

@ Probability
TQ

@ probability.
Looking at petron result, what is your take on HYC coming result ? What possible shock can one expect? TQ

KYY , when you do not know much about of Shariah law, do not cut and paste and do an article. You cannot clearly explain Shariah law by your short and misleading article. Just leave religion to the expert. I wanted you to focus on equity but then your recommendation is also half past six. Duk diam diam sajalah uncle yea. It is always the duty of all of us to promote racial harmony and mutual respect. no ifs no buts.

looks like last qtr profit is just one off. ? May not be the right sector to be in now.

I agree with probability's analysis of Q3 EPS of >RM2. In fact Q4 should also be v good.
We have a month to go to see the real thing.

Why cursing and swearing 24/7 ??? very good stamina lah ...

Now I know why you guys curse and swear!

The Surprising Health Benefits of Swearing
No one needs to tell you that having a potty mouth is crass and vulgar. In fact, ever since we were little children we were told not to curse or swear excessively. While this advice seems well intentioned with respect to social decorum, science says otherwise. In fact, science reveals that a little cursing here and there can actually be a balm for our soul. How so? Let us examine how this seemingly bad habit can turn into something surprisingly comforting when the moment calls for it.

Pain relief. Swearing activates the so-called ‘fight or flight’ response, leading to a surge of adrenaline and a subsequent pain relieving effect on our immune system. Richard Stephens of Keele University in England discovered that people who swear are able to hold their hands in ice water for twice as long. However, this only holds true for people who swear a few times a day, and not for those who swear excessively. The main reason for this is because those who swear on a constant basis are desensitized to their swearing, and as a result, are not particularly aroused by the act of swearing when they engage in it.
Non-violent Outlet. Swearing enables us to get back at bad people or situations without having to resort to traditional violence, or something more menacing or harmful. It can be considered an act of sublimation, whereby we channel our anger by swearing instead, in what is seen as a ‘healthier’ outlet to help release our negative emotions.
Harmless & Humorous Coping Mechanism. This coping mechanism, although far from a great one, can serve to increase our sense of self esteem, when it seems deflated, threatened or attacked. This in turn helps to build our inner resilience, and confidence in the midst of perceived tension and stress.
Assertion of Power/Control. Swearing can give us a greater sense of power and control over a bad or negative situation. By swearing we show that we have the power to control a situation, and not have the situation control us. This usually happens, ironically, when things are spinning out of control for us, and when things are not necessarily going our way. A person need not be the actual trigger for swearing to occur, but a particular unpleasant situation can be the trigger.
Social Bonding. Swearing can serve to show that we are not a fragmented member of a society. That’s why, cursing/swearing among friends can make you feel slightly better, when its coupled with a sense of validation from others. If done correctly, and under the right circumstances and with the right people, or group, it can also indicate that we are open, trustworthy, and fun to be around, making us appear more genuinely likable, and ‘real’ to others.
Psychological & Physical Health. The best health benefits of swearing include increased circulation, elevated endorphin, and serotonin levels, and an overall sense of calm, control, and well-being. All of these benefits can seem intriguing if it is done in the right way, and does not become a vulgar habit.
Outlet for Self-Expression & Creativity. Swearing can at times spark our inner creativity. Some individuals who naturally possess more of a creative flair find that they can come up with very creative words in the process of swearing, or that they muster up the energy to complete a project that has been neglected for some time.
A little swearing now and then (to yourself, or with friends) is not too terrible, and in fact may be even be good for your health by making you feel better, at least in the moment. The trick is to make sure it isn’t excessive, and that your swearing is not coupled up with anger, or another extreme negative emotion, as that can be very detrimental to your overall well being, and to others near you, possibly negating all of the potential health benefits described above.

@ OTB,
What is your projected EPS of MSC for Q3?