Aiyoyo Mike-tikus,
FPSO is USD multi billion project and you are talking about any impact that affecting from Ranhill Worley Sdn Bhd. an RM8 million reversal of profits previously recognised a year ago on design engineering services for a floating production, storage and offloading vessel job for a Brazilian O&G producer.

What are you trying to say?
Are you trying to say you are dumbass?

Aiyoyo Mike-tikus,
Only me a bit compassionate and hence out of pity entertain dumbass Mike-tikus a bit.

Do you think people like Philip will entertain Dumbass Mike-tikus?
Another of Mike-tikus name-dropping kah?

Posted by Johnchew5 > Aug 18, 2024 2:56 PM | Report Abuse
Hoho as said earlier I had debated against Phillip during he is promoting Harta at RM 5.80 on early 2022 … the reason knowing Harta glove cost .. I am agreed to recommend Harta but not on the Timing , I said ASP Shl be bottoming after March 2022 …

2. HSBC NOMINEES (ASING) SDN BHD 36,953,650 5.26
Exempt An For Credit Suisse (SG BR-TST-Asing)
3. CITIGROUP NOMINEES (ASING) SDN BHD 35,962,967 5.12
Exempt An For OCBC Securities Private Limited (Client A/C-NR)

Are second and third substantial shareholders agreed to such deal?

I am suprised a controlling shareholder holding less than 50% (262/702= 37.3%) can just offer SCR to take over the company?

My Malaysia Indian friends is very lucky to have oversea Indian status that allow them to resettle in India and buy property there.

We Malaysian Chinese already long abandoned by the late China leader Deng and told to be loyal to our country of birth.

All I know is every living things is make up of hydro carbon.

The hydro carbon is from a process called photosynthesis that under sunlight capture carbon from atmospheric CO2 and capture hydrogen from ground water into glucose and then into more complex hydrocarbon (root, leave, flower, fruit and etc.)

Herbivores that eat plants will then converted these plants hydrocarbon into muscle, fat, milk, hair and etc.

Carnivores that eat animal will then converted these animals hydrocarbon into their muscle, fat, milk, hair and etc.

And when we died these hydrocarbon will decompose and release back to atmosphere and earth.

Hence every living things are connected to each others.

Repost from Philip
Posted by Philip ( buy what you understand) > Apr 6, 2024 6:53 AM | Report Abuse

OTB,

Watch and your will just miss it. Maria completion is 5 months ahead of schedule, just finished naming rights and now on route to Brazil meaning this year you will have contribution from 2 FPSO with contacts of 500k+ usd per day charter. That means by end of the year, yinson will have 2 "powerplants" up and running, and another one next year. For those who know what to look for, how often does TNB give you a powerplant contract and also advance you the power plant money to construct? Yinson gets this type of advantage. All I can say is, I fully expect yinson to be a 40 billion ringgit company in the next few years.

Then people will complain again why yinson don't bid for more fpso projects...

3 billion cashflow a year mana cari? The key thing is not if they get paid ( especially when oil prices are so high), the key thing is if yinson can complete it's projects on time and on the money. I believe they can, and under budget as well.
>>>>>>>>

Aiyoyo Mike-tikus again selective cut and paste without analysis or know what he paste.

I still remember a CEO of steel company told me during AGM, company was given mandate to do SBB if market price fall below NTA. Because SBB below NTA for cancellation will enhance the NTA.

SBB above NTA is price support for certain interest group interest.

My take on SBB
Repost
Sslee Yinson should not do SBB to support price.
Yinson should let the price drop further so that others can collect cheaply.
14/06/2024 2:37 PM

Aiyoyo Mike-tikus know what is Ex price of jaks LTIP free shares grant?

Aiyoyo Mike-tikus die die also must promote Jaks in Ytlpower, Insas and now Yinson forum.

He did not even know jaks operation cash flow is negative for last 3 financial years and will remain negative untill year 2030.

Jaks will continues with yearly PP or RI till 2030 for working capital and loans repayment.

So proven Mike-tikus is financing illiterate.

Aiyoyo proven Mike-tikus only good at cut and paste without knowing what he post.

Did he know Jaks for the past 3 financial years the net operation cash flow is negative? (Hence yearly PP)

Did he also know Jaks 25 year BOD JHDP 2×600 MW cool fire power plant cost USD 1.85 billion. 25% equity and 75% borrowing so during contruction period from 2016 to 2020 what will be JHDP 1.) Current Ratio 
2.) Gearing Ratio 
3.) FCF Yield???

And what will be JHDP after operation 2021,2022,2023 1.) Current Ratio 
2.) Gearing Ratio 
3.) FCF Yield???

Govt can afford pay hike not correspond to productivity increase. But businese can't you either be more efficient and more cost effective or you will be kicked out by market force due to your uncompetative product pricing.

Aiyoyo, You all must pity Mike-tikus a bit eventhrough he is financial illiterate, jobless and penniless at least Mike-tikus can now everyday loitering in i3forum cari gaduh with people.

Sometime out of pity I just entertain Mike-tikus a bit othewise he will pick a fight with dragon, ular, calvin, TA Sifus, OTB, i3lurker, cafe supervisors and many more.

By the way his soul partner is Felix

Balian de Ibelin
Newbies usual common mistakeis to equalise earnings/dividends directly proportional to share price increases and or equalise bad news directly proportional to share price decreases.

As a trader I normally make a bet on quaterly reporting month on those stocks that I think will report an increasing earning and give dividend.
If I am wrong I just cut loss.

Example: Jayatiasa will report an increasing earning q to q and expect a dividend of 2 sen or more.

Aiyoyo Mike/John-tikus,
Ranhill utilities Bhd RM8 million reversal of profits previously recognised by its 51% owned-subsidiary Ranhill Worley Sdn Bhd is peanut compare to jaks total receivables impairment for the last 5 years amounted to RM167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM153.5 millon.

Yinson should have given more jobs to Jaks then no need to pay Jaks as Jaks is famous for yearly receivables impairment.

Already make paper profit but will hold longer to watch TA sifu' 5 waves theory.

Insas already sold 100 million M&A shares at below market price to Bumiputra investor and now still need time extension to comply with the Bumiputera Equity Condition.

Description M & A EQUITY HOLDINGS BERHAD ("MAEH" OR "COMPANY")

(I) DISPOSALS;
(II) SPECIAL DIVIDEND AND/OR CAPITAL REPAYMENT;
(III) ACQUISITION;
(IV) RIGHTS ISSUE;
(V)RESTRICTED ISSUE;
(VI) EXEMPTION; AND
(VII) CHANGE OF NAME

(COLLECTIVELY, THE "PROPOSALS")
(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the announcement dated 15 May 2024 (“Announcement”).)

We refer to the Announcement in relation to the proposals to comply with the Bumiputera Equity Condition.

On behalf of the Board, Malacca Securities is pleased to announce that the SC had, vide its letter dated 24 July 2024, resolved to grant the Company an extension of time until 30 September 2024 to comply with the Bumiputera Equity Condition. The Bumiputera Equity Condition was imposed pursuant to the Proposals, as contained in the SC’s decision letter dated 14 December 2022.


This announcement is dated 24 July 2024.

Did government leaders know why many big business from Malaysia are actually moving their business out of Malaysia.

Our Government actually treat foreign investment better than our own business owned by non-bumiputra when it come to business expansion.

Please allow me to be a FA guru for a moment:
A production and operation FPSO PAT margin is abt 34%.
The main cost for a production operation FPSO is finance cost and depreciation cost
Finance cost is tax deductable and depreciation cost is cash flow to pare down borrowings.

Repost:
FYE 2024 Yinson Production Operations results overview (YoY)
Revenue PAT

YTD Q4 FYE 2023(RM’ mil):YTD Q4FYE 2024(RM’ mil): Variance (RM’ mil)
Revenue 1,631: 2,279 : 648
Gross Profit 951: 1,480: 529
EBITDA 1,162: 1,643: 481
PAT 576 :776: 200
PATAMI 498: 628 :130
The PAT margin is 776/2279 about 34%


FYE2024 Yinson Production EPCIC results overview (YoY)
YTD Q4 FYE 2023 (RM’ mil):YTD Q4 FYE 2024(RM’ mil):Variance (RM’ mil)
Revenue 4,561 9,220 4,659
Gross Profit 813 1,440 627
EBITDA 792 1,441 649
PAT 340 682 342
PATAMI 401 648 247

During FPSO contruction EPCIC result. After FPSO delivered and acceptance then it is Production Operations results

Sometime I just wonder if you have make a grave mistake (netx or even Tsh to chase high) is it so difficult to owned up your mistake, say sorry and move on?

Aiyoyo Mike-tikus,
Musangking already asks so many times how much you hold jaks and what is your book loss?

Still too shy to answer or avoid answering with you usual cut and paste, turn and twist gibberish and slanderous.

MrFox Johnchew5@@
what is ur paper loss in jaks?
haha
16/08/2024 6:58 PM

Aiyoyo Mike/John-tikus I am a trader and will trade for 30%+ gain or for my free bintang beer and lobster.

Unlike you try to act as a FA and TA master with point 1,2,3 and 4 and said for sure Jaks 18 floor is the bottom and bought jaks from 18 to 24 and trapped youself in jaks for more than a year now.

By the way TA master mind telling what this waves name?

If you bought jaks at 12 then you are winner now but if you bought Insas at 120 you are the loser now.
So which one is good or bad investment?

So far i3lurker only recommended 2 stocks.
Gdex when Philip recommend Star to challenge him. I actually bought Star and win my usual free bintang beer and lobster.

The second time is SCIB I bought at 37 and most likely need to average down to 28 and sell at 30 to win my usual free bintang beer and lobster.

What is high quality/good assets?
And what is poor quality/bad assets?

Jaks' Evolve mall and JHDP which one is high quality which one is poor quality assets?

Insas' cash of billion and 515,008,575 inari shares good or bad assets?
Why

Why Private Placement investors pay RM 1,032,300,000 for 333,000,000 inari shares but ignored Insas?

August 14, 2024, by Melisa Čavčić
Brazilian state-owned energy giant Petrobras has expanded its floating production, storage, and offloading (FPSO) fleet off the coast of Brazil with the arrival of a new unit, according to Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings.

Following a three-month voyage, the FPSO Maria Quitéria arrived on August 10 at the Jubarte field, in the Campos Basin’s pre-salt layer, off Espírito Santo’s coast. This field, together with Baleia Anã, Cachalote, Caxaréu, Pirambú, and Mangangá fields, forms the Parque das Baleias integrated project.

The FPSO Maria Quitéria was initially expected to come online in 2025 before Petrobras advanced the start-up timeline to put the vessel into operation in the last quarter of 2024 at the Jubarte field, which lies at a water depth of approximately 1,300 meters in the northern Campos Basin, around 80 kilometers off the coast of Anchieta, Espírito Santo, Brazil

Aiyoyo I am very jealouse of Mike-tikus jaks already how many sens down and thus how many figures book loss?

Connections completed for FPSO Atlanta's 1st oil
Rio de Janeiro, July 30, 2024
Enauta Participações S.A. informs that all subsea system and lines connections with the FPSO Atlanta for first oil have been completed. Ongoing activities currently include mandatory adaptations byregulatory
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).

The implementation of Atlanta’s Definitive System has remained in line with established timeline when the project investment was sanctioned in February 2022. The illustration below presents the project’s main
delivery and execution milestones throughout 2023 and 2024. In the coming weeks, the installation campaign for the second multiphase pumping module and the connection of additional wells will commence, which will enhance FPSO Atlanta's production as planned

Aiyoyo attention seeker Mike/John-tikus come to Yinson forum to learn waves counting or just to seek attention?

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL. As for AAB, AAX proposed to acquire it for RM3.8 billion, to be satisfied by assuming RM3.8 billion of some RM3.83 billion worth of debt that Capital A owed AAB.

So with AAAGL debts/liabilities to AAX and CapA RM 3.8 billion debts/liabilities to AAX. Then capA will be debts free and out of PN17.
The only problem is AAX will fall into PN17 by all the debts/liabilities tranfered from capA to AAX.

Hence will Bursa SC approve such deal?

Individual quarter ended 30 June 2024: Cumulative quarter ended 30 June 2024
RM Mil
Revenue A9.1 7,728 15,227
Cost of revenue (6,255) (12,383)
Gross profit 1,473 2,844
Selling and distribution expenses (523) (1,030)
Administration expenses (400) (766)
Other expenses (63) (51)
Other income 549 886
Operating profit B4 1,036 1,883
Financing costs (30) (73)
Share of (loss)/profit after tax of equity￾accounted associates and joint ventures (66) (65)
Profit before taxation 940 1,745
Tax expense B5 (131) (233)
PROFIT FOR THE PERIOD 809 1,512
Profit attributable to:
Shareholders of the Company 777 1,445
Non-controlling interests 32 67
PROFIT FOR THE PERIOD 809 1,512
Basic earnings per share attributable to
shareholders of the Company:
Based on ordinary shares issued (sen) B13 10 18

Is above a good result?
If without the other income of 549 million what will be the PAT?

It normal for the cat to shout boh chow see AAAAAAA.
Mean time to buy Insas

If the cat shout Insas canteeeeeeeeeeeek
Mean time to sell Insas

Am watching wave formation in Yinson.

Repost:
Aug 11, 2024 8:26 AM | Report Abuse

Aiyoyo Mike-tikus trapped inside jaks for more than a year and now only managed arrange down to RM 0.16 meanwhile I already take profit on Insas-WC how many rounds.

Remember to sell jaks before Q4 result out because Q4 is the quarter Jaks will report many many million of impairment losses on trade and other receivables.

As on Yinson Q4 2024, Q1 2025, and Q1 2026, you will know what is the earning of FPSO Maria Quitéria, FPSO Atlanta and FPSO Agogo. So TA Sifus watch out for the waves

Me in Petronm forum to give informations
Is cheap people Mike-tikus come to Petronm forum to seek attention?

Bought back total 800K insas-WC last few days (0.225 - 0.215). Hope to get 30% gain

Aiyoyo cheap people Mike-tikus only can afford to buy 200 share.
Mind also telling trapped inside jaks how many shares and at which floor?

Aiyoyo cheap people Mike-tikus only can afford to buy 200 share.
Mind also telling trapped inside jaks how many shares and at which floor?

Aiyoyo Mike-tikus punya TA told him HRC floor 44 is the bottom floor hence trapped himself inside HRC 44 floor untill now. Kasien!

The prime minister’s spokesperson said there was “no justification” for comments made by Elon Musk, the billionaire owner of X, who said “civil war is inevitable” after the rioting.

US civil war is inevitable if Trump lose the 2024 President election because he will start the civil war.

Mike/John-tikus copy and paste without knowing what he paste hence still trapped inside HRC penthouse 44 floor.

Know how much debts and negative equity in lose making AA Philippine?

Know what is the cashflow of the whole aviation business?
Did AAV listed in Thai and PT AirAsia TBK listed in Indonesia give any dividend to AAAGL?

So proven Mike-tikus only good in cut and paste his usual gibberish and slanderous accusations in trying hard to avoid answering a direct questions.

musangfoxking waiting for the mouse to answer ur enquiries!!!!
15/08/2024 10:33 AM
15/08/2024 5:14 PM

AAX had proposed to acquire the aviation business for RM6.8 billion. It planned to issue new shares worth RM3 billion — 2.31 billion shares at RM1.30 each — to acquire AAAGL

2.31 billion newcAAX shares what will be the dilution effect?
What are inside AAAGL?
Is AAAGL profit or lose making?

Petron corp q2 end 31/06/24 result out:
Peso million
Net income: 2,090
Attributable to:
Equity holders of parent company: 2,045
Non controlling interest: 45

Since Petron corp hold 73.4% Petronm hence
Petronm income = Peso 45/0.266 =169.17 million
AT 30/6/24 1 RM =12.4 Peso
Q2 net profit= RM169.17/12.4= RM 13.64 million

Petron Phillipine already announce Q2 end 31/6/2024 result.

For your reference:
Gasoil/diesel crack spread chart (historical highest level range)
https://www.tradingview.com/symbols/NYMEX-GOC1%21/
https://www.investing.com/commodities/nymex-singapore-gasoil-platts-c1-futures-historical-data
Kerosene/ jet fuel crack spread (at historical highest range level)
https://www.tradingview.com/symbols/NYMEX-ASD2!/
Gasoline/petrol RON 92 crack spread spread chart (normalize level range)
https://www.tradingview.com/symbols/NYMEX-D1N1%21/
SINGAPORE MOGAS 95 UNLEADED (PLATTS) FUTURES
https://www.tradingview.com/symbols/NYMEX-AV02%21/
Brent crude oil
https://tradingeconomics.com/commodity/brent-crude-oil

Repost:

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 Jan 2021)
2022 : RM 156.2 million , Dividend RM 70.0 million
2023 : RM 131 million , Dividend RM 27.385 million

Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.385 Million

Did anyone question BOD why 2023 dividend from JHDP reduce to RM 27.385 million compare to 2022 of RM 70 million?

Why Jaks did not take up the addition 10% JHDP option?

What will be expected 2024 dividend from JHDP?

Q1 2024 Finance cost RM (8,054,000) will dividend from JHDP enough to cover the finance/interest cost for FY2024?

Will there be another PP or RI in year 2025?