bought ranhill at 1.08-1.09

Resume share buyback. Myeg strong cash flow and ownership RM300m zetrix token (digital asset) at super high paper gain should be able to mop up 10% stake in myeg

https://yinson.irplc.com/investor-relations/pdf/Q4-FYE24-results-briefing.pdf

https://www.yinson.com/highlights/YP-FPSO-Atlanta-sets-sail-Brazil/

Yinson Production’s FPSO Atlanta sets sail to Brazil

Posted Date: 21 Mar, 2024

Yinson Production’s FPSO Atlanta set sail to Brazil today, 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.

bought yinson at 2.35

Sslee

Additional Cash inflow from share disposal RM 60-66m on top of recurring Q profit will further boots up INSAS cash hoard to above RM 1.2 billion in next Q. These is almost cash RM 1.80/share......

Finally, EPF ease to be substantial shareholder of myeg. Next is KWP. These will gradually eliminate manipulation pressure by these 2 pension fund in future.

Sslee
What is insas expected gain of disposal from inari and M&A? What is insas cost holding in its book value

sold for contra at 79sen

bought iwcity at 76.5-77sen

As major shareholder, myeg will get most of the Heitech subcontract gov work later

DATUK WIRA FARHASH WAFA SALVADOR (former Perak PKR chairman, acquire 15.9% heitech)+ MR WONG THEAN SOON (myeg, acquire 15.9% heitech), jointly now control 31.8% Heitech ----> NIIS

Myeg bought 14.4% stake in heitech become the largest shareholder now - jointly bid NIISE

MYEG e-testing driving licence is coming

implementation of the pilot phase for MYDTS (“MYDTS Pilot Test”) involving actual test candidates from 18 December 2023 until 16 February 2024.

Now entering Mar, MYEG just need await to be awarded concession which is long overdue delay due to previous covid time.

One link will let know well how DEEP value myeg have embedded

Myeg, Zetrix coin performance, current unit in circulation, and total outstanding unit available for sale in future and HUGE market current market capitalization and FULLY value market capitalization, all in MULTI BILLION USD PROFIT on track to monetize by myeg on staggering basis
https://coinmarketcap.com/currencies/zetrix/

cut first at 39.5sen

cut first at 2.02-2.04

cut at 63.5sen first

sold back all at 66-67sen

cut at 4.37

sold all UEMS at 1.07, swap to Myeg

selloff overdone, LHI disappointed result spread to Teoseng, but its indeed overdone. Both still reap profit, raw material cost still trending down and Teoseng and LHI financial keep improving and more dividend is coming. Just hold and wait for next dividend

selloff overdone, LHI still reap profit, raw material cost still trending down and LHI financial keep improving and more dividend is coming. Just hold and wait for next dividend

Egg-cellent

Egg-cellent

Egg-cellent

use margin line, bought layhong at 42-42.5sen

Layhong integrated livestock surge 13.5x profit from mere RM 4.3m to RM 58m. What will much bigger LHI integrated livestock profit ?

Layhong integrated livestock surge 13.5x profit from mere RM 4.3m to RM 58m

Layhong just deliver super EPS 7.42sen, what will EPS for much more bigger LHI ?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3424233

Layhong just deliver super EPS 7.42sen, what will EPS for much more bigger LHI ?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3424233

added all balance to LHI at 73sen

cut at 2.84

Penalty now in court case. It will take long time to end. All parties, have file appeal to the court independently. Gov need to spend much longer time to fight them in the court individually

In the market, Chicken and egg selling price still remain elevated, quietly making more money, increase supply to meet upcoming hari raya

When raw material cost hike - cost pass through

When raw material cost tumbling - Nothing happen to selling price in poultry feed, elevated selling still intact and maintain for extra profit margin

Actually, LHI major profit contributor is feedmill, stand to reap much higher profit margin from slumping raw material cost, soybean and corn cost price both have tumbling and downtrend spread till now 2024 for further down 15-20% if compared to Q4 2023

High cost and currency strength in Singapore have prompted visitor to swap to Msia Genting

added more at 1.03

bought GENM at 2.88

Ps check Jtiasa latest CPO production volume, down significant by 30% compared to current increase CPO 10% and further pressure on CPO price forward as competitor soybean/corn/sunflower oil are tumbling in global market .

bought uems at 1.04-1.05

Today also bought MFL at 65.5-66sen

Today also bought HLC at 4.36-4.37

today bought LHI at 68sen

today bought Teoseng at 2.22-2.25

GENS share weakness prompted portfolio to prematurely realize profit first

sold all today at 4.95-4.97

Thanks sslee