Interesting find thank you i3Broly

DNEX need to deliver on Foxconn new fab plant, it's 12" and make Msia proud. And DNEX is weathering semicon slowdown, when it turnsaround Silterra will make a lot. In Silterra we trust 😆

NIISE will certainly help sentiment but also smallish for DNEX

Oil will continue to be hit by UK's crazy levy for a while. Dont expect oil to be super profitable unless oil prices go super super. But Oil biz + strong balance sheet actually, will lend support to DNEX share price in terms of bottoming out. Oil's play in DNEX is for them to sign up more license more MOUs whatever, then spin it off w hugeee potential to Zainal Abidin separate listing

This proposal shows the plan is still on. They're clearing up for the merger. At today's price Knusford is RM81M only. Land sale is 28M and around 15M was it net of debts. Faint.

If anyone can get this done, next target do it to the Star too 😉

Resolution to propose increase in Div? No not meaningful. At this huge gap in valuation - any proposal should be to force a SBB followed by share cancellation. Or force a distribution of Inari shares, like MYEG-AGMO. Dividends is most useless when the gap is so wide

Then comes the big great push

DNEX sharks game plan is simple. Flatline the share at this low level. Flush out shareholders who lost patience, who stare at other counters flying while this one flatline. Matter of time before shareholders lose it and sell out for better buy.

@BursaV why say OTB left Yinson? Got notice of change in substantial shareholder?

Historically Yinson didn't hold too long at low levels. Every time I play Yinson I end up regretting selling too early lol

Both my mother share and warrants turned marginally green today...thanks to averaging down at 0.235. Now what. Hold cos good value? Run cos everyone uber negative? Buy cos chart turning up?

As recent as yesterday, I added another 75 lots. 50k @ 0.850 and 25k @ 0.865, I think. Lazy to check back. I will add add add until they proceed, OR call off the exercise..........

Actually Thong should really seek waiver for SBB.

It's good for him, more so than anyone else

To privatise insas is very unlikely. He will fail + we dont know if he has so much $ to buy it out. It can't be done at $2, it'll fail. Go higher means billions of cash required from him. He got?

So how can he consolidate his ownership without using his own pocket money? SBB

If he can consistently do SBB and cancel the treasuries his shareholding will go up without coming out with 1 cent!

Who did this previously? Francis Yeoh. If you were around, you would have seen that their shareholdings increased by a few % over the years without using a cent of their own money, merely cashflow from company to SBB. This was back when there's still such a thing called YTLP-WB. If only YTLP still got a W to play wahhhhhhhhhh

Low dividend good for warrant holders, less dilutive lol.

And higher dividend will not help share price when higher doesnt mean high. High yield on high debt is disaster, will be bad for share price.

The Lims are in such an envious position. In a few years time, their cashflow will be so amazing can do wonders

@Contrarian I used to have 100 lots each from 1.07 to 0.990. Then it started matching and it didnt feel right + you all so bearish so I sold when it went up 2 bids and requeue lower. Everytime it comes near to my BQ I cancel again and go lower lollll kecut

Yesterday 100 lots hit at BQ 1.03. I figured that was it, already some small savings from 1.07 ma so when it turned SQ I took another 200 at SQ. That your buy order wasnt fully filled means you have placed the order after SQ became BQ. Ohhhhh bro this means you are silently bullish at 1.03 😆😆😆

A bit difficult to add now. It's not good if it keeps coming down and we keep buying. I hope I have the discipline to holddddd now and buy more on the way up


TheContrarian

@UncleFollower, my buy order at 1.03 only partially done 3k.

1 hour ago

@Tatooine if we have activist investors, big times one + SS Lee, then nevermind his silent majority control, the figure is too big for it to bulldoze its way through like the 2nd liners...Inari is glaring. The cash in hand is glaring. I actually dont mind being locked up now...than 80 cents years ago because that 2-3 years wait would be more painful than now - at least we have seen some volume, at least warrants is active...who knows what comes next. Lock it up!!!

@Contrarian or you thinking I said 300k x 100 lots = 30M shares. I thank you see me so up ya

@Contrarian your internet not refreshing ah 🤣



TheContrarian

Eh UncleFollower, yesterday where got 300k done at 1.03?

6 minutes ago

Consolidated profit after tax
The Group’s profit after tax increased by RM554 million or 94% to RM1,142 million as compared to
RM588 million for the corresponding financial year ended 31 January 2023. The increase was
mainly due to the higher contribution from the Group’s EPCIC business activities and fresh
contribution from FPSO Anna Nery’s operations since first oil was achieved on 7 May 2023, as
deliberated in the “Offshore Production & Offshore Marine” section above, which were partially offset
by the following:
• Increase in administrative expenses of RM53 million, mainly arising from higher operational
overheads incurred to drive the future growth of the Group;
• Increase in finance costs of RM386 million, mainly arising from the higher drawdowns of the
project financing facilities for FPSO Anna Nery, FPSO Maria Quitéria and FPSO Agogo to
fund the EPCIC business activities in the current financial year;
• Increase in tax expenses of RM286 million, which was in line with the higher contribution from
EPCIC business activities in the current financial year





OTB

Posted by rl68 > 1 hour ago | Report Abuse

@OTB, please share 3 keys insights from meeting the management of Yinson. Tq.
---------------------
Please read all my postings, I have covered all.
My portfolio on Yinson is a small one, I invest in Yinson because of strong fundamental and a growth stock.
Yinson is a very good investment for long term.
Strong cash flow will happen in FY 2027.
PAT will be > 1 billion after FY 2025.
Debt will be reduced after deliveries of FPSO vessels of Atlanta, Maria Quiteria and Agogo.
Thank you.

15 minutes ago

@Permutation, OTB's risk management 😂👌

This quarter's EPS 8.4c

Last 3 quarters, 7.3c, 6.7c, 6.1c

It's out

Revenue 2702000000
PBT 597000000
PAT 395000000
PAT to us 278000000
EPS 8.4c
Div 1.0c

Back to CGP issue

Looking at how nationalistic and political we have become, it is really not surprising if Govt blocks majority stake by CGP. And politics aside, it's kind of fair afterall Khazanah sunk in so much to Silterra, it is not to benefit a foreign party...

So what if CGP wins, and Miti imposes condition? In all possible scenarios...it can't be that bad for DNEX. CGP can sell out, cos why hold on and die together if their existence cost the revocation of license...There is Foxconn to takeover...Or issue more shares and dilute both DNEX and CGP, new party also Msian...

How? How can DNEX lose in any outcome?

It's been so long since the CGP issue no one talks about it anymore...

I recall buying on the dip then averaging down further and then started being scared as it went lower and lower for the next 2-3 weeks lol

And then it miraculously went up and up and up and I made some handsome gains

Waiting for the same miracle this round 😆

This counter...how to trade. Forum very active, share price languish. Buy and lock up. If I am the boss I can't sleep. Firesale price, what if a big shark come and quietly takeover my company 😰😰😰

Bought 300k @ 1.03 yesterday though I think WC is a better buy for those with the stomach



speakup

u fellas all still holding Insas?

4 hours ago

But no @8dragon totally disagree...even tho we are both speculating now, track record is on Yinson's side. They have never disappointed in results, neverrrrr

Yinson has quietly updated corporate calender on its website...I checked till 12AM+ yesterday it was still stated as 21/3 for resutls release, now it has changed to 22/3

Isham files report against Farhash over HeiTech Padu shares

https://www.freemalaysiatoday.com/category/nation/2024/03/21/isham-files-report-against-farhash-over-heitech-padu-shares/

Yinson Production’s FPSO Atlanta sets sail to Brazil

Singapore, 21 March 2024 – Yinson Production’s FPSO Atlanta set sail to Brazil recently, marking the
successful completion of the project execution phase, and is expected to arrive in the Atlanta field in
the Santos Basin offshore Brazil during the second quarter 2024. The sail away follows the grand
naming ceremony that was held for the FPSO in December 2023.

FPSO Atlanta is a redevelopment project awarded to Yinson Production by Enauta Energia S.A.
(“Enauta”) on 21 February 2022 as an EPCI (“Engineering, Procurement, Construction, Installation”)
Project. In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta, which includes
a 15-year firm plus a 5-year option contract for the supply and operations & maintenance with a total
contract value of up to USD 1,981 million. FPSO Atlanta has a production capacity of 50,000 barrels of
oil per day and a maximum storage capacity of 1,200,000 barrels. The FPSO features an efficient
carbon management process plant, which utilises fuel gas for cargo tank inertisation that will
significantly reduce flare gas emissions through a closed flare system. The plant is part of Enauta and
Yinson Production’s continuous efforts in reducing carbon emissions and being the frontrunner in
decarbonising the FPSO industry towards the goal of net zero.

The project, carried out at Drydocks World Dubai, was completed safely with over 9 million man-hours
without lost time incident. The safety performance is an excellent achievement for the project,
demonstrating the highest level of safety standards by the project team.

Scott Bendiksen, FPSO Atlanta Project Manager said, “With over 9 million-man hours worked without
a lost time incident, safety has remained our top priority throughout every phase of the project. We
look forward to seeing FPSO Atlanta contribute to Enauta’s operations in the Santos Basin, further
solidifying our position as a trusted partner in the offshore energy sector.”

Vinicíus Passos, Enauta’s Executive Deployment Manager said, “This is one more milestone achieved,
which marks the successful conclusion of FPSO Atlanta's adaptation phase, with the aim of delivering
the project on time and within budget. More than 2 years without any incident demonstrates the
highest level of safety standards by the team that worked on adapting the vessel.”

FPSO Atlanta is the second of three FPSOs Yinson Production is delivering to clients in Brazil. The first
vessel, FPSO Anna Nery, is already operational after achieving first oil in May 2023, while the third
FPSO is currently under being built in China and progressing well towards completion this year.

TSMC's 110% rally draws caution, even from the bulls
15 Mar 2024 12:40

THE rapid ascent in Taiwan Semiconductor Manufacturing Company (TSMC) is making it harder to ignore risks for the world's largest contract chipmaker, even for its staunchest supporters.

TSMC's shares have surged more than 110 per cent from an October 2022 low amid the global investor mania over artificial intelligence (AI), tracking gains in key customer Nvidia. Although AI-related revenue accounted for just 6 per cent of TSMC's total revenue last year, the market has been pricing in a big jump in that figure on the promise of an explosion in demand.

The stock's relative strength index has been in overbought territory for much of the past two months, signalling the rally has gone too far, too fast. It is also surged to its biggest premium on record over the average analyst price target.

Morningstar analyst Phelix Lee has one of the street's highest targets, but admits some nervousness over how long AI growth can remain at elevated levels. His estimate of NT$950 implies an upside of more than 20 per cent.

"If I look at the order book, I would be a little bit concerned of how sustainable the AI demand is across the time span of three to five years, because you cannot really spend several tens of billions on data centres every single year," Lee said.

TSMC in January said its AI revenue is growing at 50 per cent annually and should comprise somewhere in the "high-teens" by 2027. The company is building plants in the US, Japan and Germany as it races to supply needs for AI chips used in data centres operated by global powerhouses including Amazon.com and Microsoft.

Geopolitical concerns cloud the outlook, given Washington-Beijing trade tensions and the possible impact of this year's US presidential election. Morningstar's Lee said it is unclear whether TSMC's strong order book has been powered mainly by end demand for AI products or inventory stocking by American clients looking to hedge policy uncertainty.

Another risk is how quickly Apple ? which accounts for more than 20 per cent of the Taiwanese foundry's sales ? can counter the downturn in the smartphone industry and succeed in adding AI features to its devices, according to Kevin Wang, an analyst at Mizuho Securities Asia.

"For iPhones, indeed we saw the demand actually is getting weaker in China, so that might have some potential risk for their orders," Wang said.

Despite such worries, both Morningstar and Mizuho remain optimistic about TSMC's stock, which has 35 buy ratings and just one hold recommendation, with zero sell calls.

While the debate about overheating continues to track the prolonged global AI rally, analysts seem to agree that valuation is not a concern for TSMC. The stock is trading at 16 times estimated earnings for next year, which is about in line with its five-year median and ranks near the lowest in a gauge of major global chip peers.

"It is hard to draw a conclusion that there is a bubble in AI stocks," said Daniel Liang, a Taipei-based portfolio manager at Cathay Securities Investment Trust, whose fund has TSMC as one of its biggest holdings. "For any company that has more than 10 per cent revenue contribution from AI, a valuation of 30 times to earnings is not demanding to me." BLOOMBERG

It's for Ping Petroleum's Petronas contract. Ping is worth maybe less than 500M before this deal. This CEO likes to think big. I think it remains in plan to spin off Ping in due time, but he wouldn't do it when it's smallish. There could be more M&A, or falling back on his connections, Petronas, before ultimately spinning off Ping.



Mixologist

Why do they still need private placements?

2 hours ago

But it is very bad if another sharp decline follows the hammer doji 😰

Well...a hammer doji has just formed today, that's a bullish reveral signal. This coincides with bouncing off the year's low and a very weak RSI which historically has bounced off

Why when people talk DNEX sekali Palestine sekali Israel 🤣

Yinson's bonds are all trading above par

YINHOL 7.500% Perpetual Corp (MYR)
Energy 7.500 Perpetual Bonds 102.974 7.253

YNSMK 5.550% 07Dec2026 Corp (MYR)
Energy 5.550 07 Dec 2026 101.518 4.946

YNSMK 7.500% Perpetual Corp (MYR)-Series 1
Energy 7.500 Perpetual Bonds 102.967 7.478

YNSMK 7.500% Perpetual Corp (MYR)- Series 2
7.500 Perpetual Bonds 102.989 7.663

YNSMK 7.850% Perpetual Corp (USD)
Yinson Juniper Ltd
Matured/ Called
Energy 7.850 Perpetual Bonds 104.041 7.574

21 March 2024*
Q4 FYE 2024

Sell side - 21 March 2024*
General - 22 March 2024*

Corporate Presentation - 29 March 2024*

Another MOU lol



1. INTRODUCTION
The Board of Directors (the “Board”) of Dagang NeXchange Berhad (“DNeX” or the
“Company”) wishes to announce that Dagang Net Technologies Sdn. Bhd. (“DNT”), a whollyowned subsidiary of the Company had on 7 March 2024 entered into a Memorandum of
Understanding (“MOU”) with Korea Trade Network (“KTNET”) (collectively referred to as
the “Parties” and each a “Party”) with the intent to support and collaborate for a few initiatives
involving the Port Community System, Electronic Customs and IT Consultancy services in
trade facilitation area.

2. DETAILS OF KTNET
KTNET was incorporated in South Korea and having its address at principal office 338,
Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea.
KTNET is Korea’s national paperless trade infrastructure operator that implements and operates
the uTradeHub Platform for all businesses in international trade in collaboration with the
Korean government. Leveraging the experience, KTNET has successfully implemented ecustoms systems in other countries

When they list the highways, they will get back cash. so more projects, no loans, no losses



Realrich

After sold all the highway. Ekovest only left the construction. So more projects more loan more losess. The company no highway to generate revenue and cashflow. So going bankrupt?

This is a choice between having it now and enduring an indefinite wait while looking at paper losses and what more looking at every other shares go up - but u can sleep soundly over this cos we all know 1 fine day it will turnaround

Or forgetting it and miss the first 20-30% of a real run then join the party

Or is there a 3rd choice

Can't deny this is very true 😂



TheContrarian

Another clue : Wait for the return of Leno and Stockraider.

2 minutes ago

Fundamentals of insas is what u call an open secret...no argument needed

Look at the chart guys, see if the U shape forms, if it doesn't can forget about insas already and let contrarian do the work lol

If the U shape forms u have 40MA sitll pointing up, insas is firmly above 200MA, SO RSI will both point up beautifully and u have another round of 1.25-1.30 before it rockets up 😉

@Knusford can you proceed with the share split first, we want some trading opportunities hello

Ekovest is right, they can wait for better highway valuation. Meanwhile sell it down below 43 let LKH complete his exercise and also let us buy some cheap 😉

I have given up on this counter already - liquidated averaging 37 and kept just 5% of my original holdings. That a retailer like me support so long and finally exit, is it an indicator turnaround is around the corner? 🤣

Wah this forum still so active despite the low volume. But missing stockraider and leno. Later buy some show support ya

Chart so weak and range bound. See chart don't need buy don't need trade. See long-term cannnnnnn buy keep wait for the bounce, and then more

But long-term for this return...unwarranted - that's why I am buying warrants. Made money on WC many rounds, lost money on mother share every round cos can't resist cutting loss on mother and swap to WC each time 🤣

CEO shouted out Ebitda US$1B by 2025

Bloomberg reports Yinson seeking US$1B by this month before the eventual spin-off listing of FPSO assets as soon as 2026

CEO further stated back in Sep'23 its smallish RE business will turn profitable by this year

And unlike some companies that only shout out and sign MOUs...Yinson alreaddy has the 100B contracts in hand and they are reporting record profits quarter after quarter

BUT share price languishing this way, buy also bored, or scared, depending on how much you have.

I have to pause until momentum kicks in. Yawns.

I suppose I made a terrible mistake not buying all 3 of them but just buying DNEX 2 weeks ago...........