Hoho KonLee when is Yinson RCPS for Pre-IPO First tranche is issued ?


👉👉 Total Expenses ( excluded Hedge , SBB ) / year - Total Gross Profit / year = 729.8 million , ie : SHORT of Expenses Fund RM 729.8 million for FY2026 ! 😱

And

EPCIC activities are non-cash in nature.

Hoho There r few hidden risks on RCPS for Pre-IPO until IPO :


1.) IPO is expected within 3 to 5 years.


2.) FPSO Agogo First Oil is scheduled by End 2025 or Early 2026 .


3.) Short of expenses funds as posted earlier on illustration Total loans n borrowings to be paid in 10 years .. RM 729.8 million for FY2026


4.) as Understood.. RCPS for Pre-IPO is issued in few tranche with different timelines.

When is the First Tranche to be issued ??🤔


5.) President Trump Threats :

President Trump says “ We will drill, baby drill,"

a.) May affect Yinson FPSO investment plan in Africa during Pre-IPO process .


- FURTHER EPCIC activities is Non - Cash in nature.



Trump threatens 25% tariffs on Mexico and Canada on Feb. 1, punting Day 1 pledge

Updated 8:58 AM EST, Tue January 21, 2025

CNN — 
President Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.

Trump still outlined his broader trade policy for his second term in an executive action Monday. But that action — described by sources as a “placeholder” — doesn’t institute new global tariffs that Trump promised on Day One.

As a candidate, Trump proposed sweeping and across-the-board tariffs: up to 20% on imports from all countries, with a 25% tax on goods from Mexico and Canada, plus a punishing 60% levy on goods from China.

He also pledged to use tariffs as a negotiating tool on other countries, including, for example, Denmark — putting pressure on the European nation to give control of Greenland to the United States.


b.) May affect Yinson Renewable investment in India , and as India still taking a Negotiating views while Vietnam is promised to buy More US products .


c.) Trump urging OPEC to lower oil prices in a bid to end Russia’s war in Ukraine.

Trump said. ‘‘With oil prices going down, I’ll demand that interest rates drop immediately.

Yinson Loans n Borrowings interest rate is keep increasing lo !!!


👉Remark : During this uncertainties period, CASH is KING .👍

Hoho Conartist Callvin is terus Terang Kon where as Kon ss leee is best in Directing Wayang :


1st Lies :


Hoho wow KonLee is an “ Attention Seeker “ .., approached my Question 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Callvin whom invested RM 5000 …


Then Kon Sslleee said StockRaider Win 1 Myvi in Netx RI .. StockRaider said Win 2 Myvi… both blowing bla bla bla Klon the Wayang Script on Insas and WC …

After KonLee posted in Netx , his Kon gang in Tunepro, Hengyuan, Petronm started to promote Netx … will post n delete own posts …..beware .

—-


Conartist Callvin n kon Stockraider had Promoted Netx since 4Q 2019 until early 2021 ..

A week ago, Trump laid out his energy policy agenda in his 23 January address to the World Economic Forum, urging OPEC to lower oil prices in a bid to end Russia’s war in Ukraine.


“And I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You got to bring it down, which, frankly, I’m surprised they didn’t do before the election.


That didn’t show a lot of love by them not doing it. I was a little surprised by that. If the price came down, the Russia-Ukraine war would end immediately. Right now, the price is high enough that that war will continue,’’ Trump said. ‘‘With oil prices going down, I’ll demand that interest rates drop immediately. And, likewise, they should be dropping all over the world. Interest rates should follow us,” he added.

Hoho KonLee .. Illustrated Profit included FPSO :


Yearly revenue from 
FPSO Agogo USD million 4600/15 = 306.67 (2026 onward) 
FPSO Atlanta USD million 1700/15 = 113.33 
FPSO Maria Quitéria USD million 5300/22.5= 235.56 
FPSO Anna Nery USD 5700/25 = 228.00 
Total USD 883.56 million


👉👉 Total Expenses ( excluded Hedge , SBB ) / year - Total Gross Profit / year = - 66.7 million , ie : Profit of RM 66.7 million / year .


Yearly revenue from 
FPSO Agogo USD million 4600/15 = 306.67 (2026 onward) 



Hoho Konlee .. is illustration Profit RM 66.7 million / year included FPSO Agogo Revenue that only starting from 2026 ???😱


👉So FY2026 shall be Less Revenue RM 1380 million , thus >>>

Total Gross Profit = ( 7776 - 1380 ) x 0.577 =. RM 3690.5 million


👉👉 Total Expenses ( excluded Hedge , SBB ) / year - Total Gross Profit / year = 729.8 million , ie : SHORT of Expenses Fund RM 729.8 million for FY2026 ! 😱

Hoho still got SBB money ke ???

Posted by jjohnchew > 15 hours ago | Report Abuse

Hoho KonLee when is Yinson RCPS for Pre-IPO First tranche is issued ?


👉👉 Total Expenses ( excluded Hedge , SBB ) / year - Total Gross Profit / year = 729.8 million , ie : SHORT of Expenses Fund RM 729.8 million for FY2026 ! 😱

And

EPCIC activities are non-cash in nature.

Hoho Je-dieMasker loss naked in Lambo ( is delisted on October 2024 ) until mentally depression ke .. used id Alibaba/ YongKimFool / JeDi1985 as Promoter since 2020 ….


👉Why yr posts only started on end August 2024 … after bullshittting without facts n figures own deleted …


Member since 2017-05-15 le ..🤣😅🤫

MPOB: DAILY MALAYSIA PRICES OF CRUDE PALM OIL (RM/TONNE)- 2025

2 Jan : 4819
15 Jan : 4632.5
16 Jan : 4619.5
17 Jan : 4568.5

23 Jan : 4517



惠誉:明年棕油平均价达3576令吉
2024年12月30日


（吉隆坡30日讯）惠誉评级机构（Fitch）将2025年棕油平均价格预测上修至每吨800美元（约3576令吉），但预计之后价格将滑落至每吨700美元（约3127令吉）。

Hoho KonLee when is Yinson RCPS for Pre-IPO First tranche is issued ?


👉👉 Total Expenses ( excluded Hedge , SBB ) / year - Total Gross Profit / year = 729.8 million , ie : SHORT of Expenses Fund RM 729.8 million for FY2026 ! 😱

And

EPCIC activities are non-cash in nature.

Hoho see my posts in Yinson…

1st Lies :


Hoho wow Kon ss leee is an “ Attention Seeker “ .., approached my Question 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Callvin whom invested RM 5000 …


Then Kon Sslleee said StockRaider Win 1 Myvi in Netx RI .. StockRaider said Win 2 Myvi… both blowing bla bla bla Klon the Wayang Script on Insas and WC …

After KonLee posted in Netx , his Kon gang in Tunepro, Hengyuan, Petronm started to promote Netx … will post n delete own posts …..beware .

—-

Posted by Sslee > 3 hours ago | Report Abuse

No point reponse to king of spin mistake because he never admit his mistake, incapable of learning and keep spinning without any shame.

Best leave him alone to kaki kong kaki song

Stock: [YINSON]: YINSON HOLDINGS BHD
17 minutes ago | Report Abuse
Posted by jjohnchew > 2 hours ago | Report Abuse

Hoho TinKosongLeader Kon ss leee r u agreed with yr TinKosongkonPetHuangbk figure :

Yinson current ratio 1.57


—

Posted by Huangbk72 > 1 hour ago | Report Abuse

LOL.. Miketikus still not answering back any questions rather, start a new gibberish topic.

Since you like to talk about current ratio

Yinson current ratio 1.57

Can explain to forumers, how many month working capital they have?

🤣🤣🤣🤣🤣

Stock: [YINSON]: YINSON HOLDINGS BHD
1 hour ago | Report Abuse
Hoho Kon ss leee gang dumbasxx but are despicable shamelessly with Kon tricks:

Posted by Sweetheart_17 > 31 minutes ago | Report Abuse
下跌股: Jaks控股 RM0.05支撑 ( 建议賣出 ） 
2025年01月22日 

Jaks 日闭市时报收0.13 继续出现卖压，仍然处于下跌的趋势。 

它的支撑位置处于0.05令吉的水平间，而阻力水平处于0.135-0.14令吉的水平间。 

22/01/25行情 
闭市：0.13令吉


—-

Posted by jjohnchew > 3 hours ago | Report Abuse
Posted by jjohnchew > 3 hours ago | Report Abuse 

Sweetheart_17 
Sweetheart_17 | Joined since 2015-04-25 

Investing Experience - 
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Posted by Sweetheart_17 > 1 hour ago | Report Abuse 



下跌股:Jaks控股 RM0.10支撑 ( 建议賣出 ） 
2025年01月22日 

Jaks 日闭市时报收0.13 继续出现卖压，仍然处于下跌的趋势。 

它的支撑位置处于0.10令吉的水平间，而阻力水平处于0.135-0.14令吉的水平间。 

21/01/25行情 
闭市：0.13令吉

Posted by jjohnchew > 3 hours ago | Report Abuse

Sweetheart_17
Sweetheart_17 | Joined since 2015-04-25

Investing Experience -
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Posted by Sweetheart_17 > 1 hour ago | Report Abuse

下跌股:Jaks控股 RM0.10支撑 ( 建议賣出 ）
2025年01月22日

Jaks 日闭市时报收0.13 继续出现卖压，仍然处于下跌的趋势。

它的支撑位置处于0.10令吉的水平间，而阻力水平处于0.135-0.14令吉的水平间。

21/01/25行情
闭市：0.13令吉

Hoho need to repost again as earlier had replied to KonLee as most active Negative commentator in Jaks :

Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( 👉 after Sslleee posted sold Jaks on April 2023 since 2021 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

👉Then Price is downtrend to the Lowest RM 0.12 ( Current Price RM 0.135 with NTA 0.60 )….

Ssleee asked me did I average down Jaks :

My reply :

1.) No .. but bought Privasia with cost below RM 0.10 .. n tried my learned TA on Cup n Handle affirmed with Information of a Gov Project , also Privasia rushing to List the 3 tranche PP … it did broke up to RM 0.14 …ssleee is active in Privasia forum also .

2.) posted earlier that wait for Jaks QR ended March 2024 to be released, as Vietnam has taken actions on 2 well known Businessmen ( One man n One Lady ) on Corruption… not from Power industry!

Just coincidentally :
Toyo Ventures Vietnam power project terminated >>> is due to Financing issue ( 2 x 1,060 MW) .
Friday, 05 Jul 2024

JAKS :

> Referred to Annual Report FYE2023 :

1.) Evolve Mall :
Occupancy Rate increased to 75 % from 59 % FY2022 .

Evolve Mall : loan balance RM 206.4 million… net book value as at December 2023 is RM 280 million.


2.) Pacific Towers Business Hub : Occupancy Rate increased to 54 % from 35% FY2022 .


Pacific Towers : loan balance RM 70.6 million… net book value for Business Hub Tower only as at December 2023 is RM 232 million.

Hoho JAKS started to raise Funds for coming projects contracts and future Growth:

Jaks sold Penang 13 plots Free Hold Lands on 9/9/2024 , monetise the Lands for RM 77.74 million ( a net pro forma gain of RM50.38 million ) .


Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….
👉 as well as EPC roles for our renewable energy projects.

awarded CGPP 30MW Solar RE project on August 2023 ( Consortium: Jaks 51 % , Ann Joo Green Energy Sdn. Bhd. and Fabulous Sunview Sdn. Bhd. ) …COD is expected by end 2025 .

Hoho as on CGPP 30 MW Capex funding n time line :


JAKS Solar Power also participated in
the Corporate Green Power
Programme (CGPP) with multiple
partners and was successfully
selected as a solar power producer
with a capacity of 29.99MW on 7
August 2023, together with two other
consortium partners. JAKS Group has
a 51% stake in the Consortium. At
present, the Consortium is
undergoing the approval process to
participate in Single Buyer’s New
Enhanced Dispatch Arrangement
(“NEDA”) programme.

The construction works for this project is
expected to commence by end 2024
and scheduled for commercial
operation by end 2025. (Page 15 of
AR2023)

A) What is the expected development
cost to be contributed by JAKS for
the new project under CGPP?
B) Considering JAKS's current
negative net cash position, how
does the Group plan to finance the
funds required for this project?

A) The total development cost for the project is being
worked out currently and estimated at approximately
RM130.0 million, funded by a combination of debt and
equity, of which JAKS’ portion is estimated to be
between RM15.0 – RM20.0 million.

B) The funding plan includes internally generated funds
such as dividend received from our oversea
operations, JAKS Hai Duong Power Limited Co

Hoho JAKS ‘ MTN is not only for Evolve Concept Mall , also for Pacific Towers :

The proceeds from the issuance of the MTNs under the MTN Programme shall be utilised for the following purposes:

a. to refinance the Issuer’s existing financings/borrowings, including to redeem/pay any outstanding MTNs issued under the MTN Programme (in whole or in part) and any part of interest/ coupon of the borrowings/ MTNs;

👉b. to fund capital expenditure of the Issuer and/or the relevant obligor of the MTN Programme in relation to the management of Evolve Concept Mall, Pacific 63 commercial lots and such other properties to be identified and agreed between MNH Global, the Lead Arranger/Lead Manager and the identified subscriber of the MTN;

c. to fund the working capital requirements of the Issuer;

d. to repay intercompany loans/ shareholders or directors’ advances for the purpose of principal and coupon/interest payments of the outstanding MTNs and the Existing Financing, if any; and

e. such other purpose to be determined by the Issuer and agreed upon by the Lead Arranger/Lead Manager and the identified subscriber of the MTNs.

Public Investment Bank Berhad is the Principal Adviser, Lead Arranger and Lead Manager in respect of the MTN Programme.

This announcement is dated 6 December 2024.

>> Vietnam JV Power Plant is a Capital Intensive Project with Value USD 1.87 Billion ( RM 8.7 Billion) .. 
Construction is started on 2016 , 2 unit Power Plant final COD on January 2021 :


Hoho Jaks insiders had been monitoring n controlling the Net Gearing Ratio in a Healthy Level : 


> FYE2015 : 0.80 X



1.) FYE2019 : 0.43 X 





2.) FYE2020 : 0.34 X 





3.) Referred to FY23 , 1 QR ended March 2023 : 0.38 X 





4.) Referred to FY23 , 2QR ended June 2023 : 0.36 X 



5.) Referred to FY23 , 3QR ended September 2023 : 0.35 X


6.) Referred to FY23 , 4QR ended December 2023 : 0.35 X


7.) 1QR ended March 2024 :

Gearing Ratio = 0.29 X 


8.) 2QR ended June 2024 :

Gearing Ratio = 0.30 X


9.) 3QR ended September 2024 :

Gearing Ratio = 0.30 X

Hoho as posted earlier on Jaks cash n cash equivalents, that the Other Operating, Administrative expenses is greatly reduced.

👉Good for Jaks to reduced the years loss making business… esp on local Construction contracts on investment properties , eg : RM 1.1 billion Pacific Star Towers and Highway… eg : RM 509 million SUKE


Hoho no worries… FY2024 oredi 3 Quarterly Reports with total Net Profit RM 43.4 million .

If can sustain as FY2021 n FY2022 Net Profit over RM 51 million..( Note : Vietnam JV Power Plant is fully COD on January 2021 ) .

👉>>> FY2024 EPS shl be 1.96 sen with PE Sector Median 21.5 … Forward Price shl be RM 0.42 ( current NTA RM 0.60 )


👉 Question : Jaks FY2023 Net Profit is RM 15.5 million… FY2024 Net Profit can be RM 51 million ( Total 3 QR = RM 43.4 million) ??? >

Position sign observations:

1.) 6 years Legal Battle against Star on RM 1.1 billion Pacific Star Towers project is settled out of court on November 2024 .

FY2023 Annual Report:

> Trade Receivables

Third Parties RM 147.6 million

Retention Sum RM 134.4 million

>> the Retention Sum is for the RM 1.1 billion Pacific Star Towers Project .


2.) As of 31 May 2024, the outstanding order book amounts to RM68.8 million, last until end 2024 , encompassing six projects located in the Klang Valley, Sarawak, and Penang.

These projects primarily consist of water / sewerage infrastructure and road/building infrastructure, with the majority being public sector initiatives.



3.) the occupancy rate at Pacific Towers
Business Hub improved from 35% in FY2022 to 54% in FY2023, while Evolve Concept Mall saw an increase from 59% in FY2022 to 75% in FY2023.


4.) Current tender book exceeds RM4.0
billion, covering water and sewerage systems, flood mitigation projects in multiple states….
👉 as well as EPC roles for our renewable energy projects.

( Note : if LSS5 2000 MW EPCC tender bid is with Low / Single Digit IRR … better do EPC on construction of the Solar Plant/ Farm like Solarvest in LSS4 , EPCC and EPC from those Winners not in the Renewable Energy industry.


👉👉 Hoho no wander Jaks , Solarvest , Sunview and Gading Kencana not in the LSS5 2000 MW Shortlisted list also . ( LSS4 823 MW ) . These 4 companies are LSS4 n CGPP Winners.

Hoho JediMasker new id from Yinson ke …why Lambo is Delisted on October 2024 ….

—

Posted by Investor686868 > 1 hour ago | Report Abuse

Telalu ramai orang kena tipuh saham ni.

Hoho u r referring u ke as promoted Serba as a Story Teller without facts n figures even knew in Account Fraud until is Delisted !!! Per my post in Yinson .

—-
Posted by Philip ( buy what you understand) > 1 hour ago | Report Abuse

How come jaks is a penny stock while mfcb and yinson with billions? Everyone is blind except for John chew

Hoho Repost from Yinson :

MFCB :

Price : 4.47
NTA : 3.18
P/B : 1.41

EPS 44.47 sen
Trailing PE (Sector Median: 16.3) 10.1
Current Ratio 1.79
Debt-Equity (DE) Ratio 0.45
FCF Yield -0.9 %
Revenue QoQ 12.07 %
Revenue YoY 16.11%
Profit QoQ 10.72 %
Profit YoY 13.76 %
Profit Margin (Sector Median: 10.9) 32.76 %
ROE (ROIC: 11.13) 12.92 %
Dividend Per Share (DPS) 8.75 sen
Dividend Yield (DY) 1.96 %


YINSON :

Price : 2.53
NTA : 1.77
P/B : 1.43

EPS 27.58 sen
Trailing PE (Sector Median: 10.2) 9.2
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.92 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %
Profit Margin (Sector Median: 5.9) 9.92 %
ROE (ROIC: 4.16) 10.24 %
Dividend Per Share (DPS) 4.0 sen
Dividend Yield (DY) 1.58 %


JAKS :

Price : 0.13
NTA : 0.60
P/B : 0.22

EPS 0.71 sen
Trailing PE (Sector Median: 20.3) 18.2
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %
Profit Margin (Sector Median: 3.8) 35.93 %
ROE (ROIC: 0.73) 0.93 %
Dividend Per Share (DPS) 0.0 sen

Dividend Yield (DY) 0.0 %

JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend .. DY 3.7 %

Hoho Repost from Yinson :

MFCB :

Price : 4.47
NTA : 3.18
P/B : 1.41

EPS 44.47 sen
Trailing PE (Sector Median: 16.3) 10.1
Current Ratio 1.79
Debt-Equity (DE) Ratio 0.45
FCF Yield -0.9 %
Revenue QoQ 12.07 %
Revenue YoY 16.11%
Profit QoQ 10.72 %
Profit YoY 13.76 %
Profit Margin (Sector Median: 10.9) 32.76 %
ROE (ROIC: 11.13) 12.92 %
Dividend Per Share (DPS) 8.75 sen
Dividend Yield (DY) 1.96 %


YINSON :

Price : 2.53
NTA : 1.77
P/B : 1.43

EPS 27.58 sen
Trailing PE (Sector Median: 10.2) 9.2
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.92 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %
Profit Margin (Sector Median: 5.9) 9.92 %
ROE (ROIC: 4.16) 10.24 %
Dividend Per Share (DPS) 4.0 sen
Dividend Yield (DY) 1.58 %


JAKS :

Price : 0.13
NTA : 0.60
P/B : 0.22

EPS 0.71 sen
Trailing PE (Sector Median: 20.3) 18.2
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %
Profit Margin (Sector Median: 3.8) 35.93 %
ROE (ROIC: 0.73) 0.93 %
Dividend Per Share (DPS) 0.0 sen

Dividend Yield (DY) 0.0 %

JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend .. DY 3.7 %

Hoho no worries.. JAKS price currently shl be ding dong at the price range , until :

A.)
1.) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 31 Jan 2025
2) The last date of lodgment : 03 Feb 2025
3) Date Payable : 03 Mar 2025


B.) Coming QR ended December 2024 to be released by February 2025 …

Hoho as posted earlier.. more n more Solar RE electricity Projects are coming … due to Demand from Singapore, and Data Center either Clouds n AI ….gameplay is different liaw … opt for EPCC projects with Better IRR or do EPC construction projects .


UEM Lestra投资25亿 昔加末建太阳能发电厂
2025年01月18日

吉隆坡18日讯）UEM集团（UEM Group）旗下绿色能源臂膀UEM Lestra将投资近25亿令吉，在柔佛州昔加末建造一座大型混合太阳能发电厂，预计每年将生产逾1000吉瓦时（GWh）的绿色能源。


UEM Lestra发文告指出，这座混合太阳能发电厂项目，是在国家能源转型路线图（NETR）的企业再生能源供应计划的一部分。

该公司说，首阶段涉及在昔加末688公顷的土地上建设一座混合太阳能发电厂，投资额近25亿令吉。该阶段将提供500兆瓦的连接点，太阳能容量预计达750兆瓦，并由电池储能系统（BESS）提供支持。
2027年投入运作


——-
👉 TNB among LSS5 2000 MW winners, bags 500MW solar farm project in Kedah 
By theedge 
26 Dec 2024, 06:27 pm 


Aside from the highly sought after LSS awards, the government last year also announced efforts to support the development of solar parks in the country under the National Energy Transition Roadmap (NETR). 


This is led by TNB, via five 100MW solar parks in different locations in the country, and another 1GW under Khazanah Nasional Bhd through UEM Group.


👉👉👉 Hoho just TNB n UEM total Solar RE projects is 500 + 5 x 100 + 1000 =2,000 
MW .. equivalent to LSS5 2000 MW , EPCC RM 7.2 billion.. EPC construction is ard RM 5.0 billion ..

该部发文告指出，上述额外配额，将由能源委员会通过征求建议书方式进行，为项目招标。

“获批的太阳能发电厂将于2027年起投运，以应对国家能源转型愿景及绿色电力需求的增长。”

该部提到，此次招标有两个配套，分别是总配额1500兆瓦，开发容量介于30兆瓦至500兆瓦的陆地太阳能发电厂，以及配额500兆瓦，容量10兆瓦至500兆瓦的浮动/水上太阳能发电厂。

JAKS :

Hoho , Good News …now is （LSS@PETRA+） 2000 MW , EPCC RM 8.0 billion Tender is starting from 20/1/2025 :


On LSS5 2000 MW , EPCC RM 7.2 billion Tender … JAKS submitted tender for 200 MW with bid rate RM 800 million ( as reported in a news article).... but is Not selected in Shortlisted list together with Solarvest, Sunview and Gading Kencana… these 4 companies are LSS4 and CGPP Solar RE electricity projects Winners .


太阳能发电项目招标 能源部料吸资80亿
2025年01月19日


布城18日讯）能源及水务转型部于本月20日起，开始额外大型太阳能发电项目（LSS@PETRA+）招标，以供开发总配额达2000兆瓦交流电（MWac）的大型发电厂。

该部预计，批准的额外发电容量，将带来约80亿令吉的投资，为我国再生能源领域提供1万2000个就业机会。

Hoho Why JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend!👍🤔


1.) One of Variables in DCF calculation is Growth Rate

👉 Simply is Yinson DCF is getting Bad or Good ???


Yinson CAGR :

3Y 83% TTM 29.9%
5Y 51.9% TTM 33.9%


Jaks CAGR :

3Y 29.9% TTM 41.2%
5Y 0.5% TTM - 25%


2.) JAKS Vietnam JV Power Plant 1200 MW EPCC RM 8.7 billion is started payout Dividend on June 2024 , ie from yearly to half yearly !


3.) 6 years Legal Battle against Star on RM 1.1 billion Pacific Star Towers project is settled out of court on November 2024 .

FY2023 Annual Report:

> Trade Receivables

Third Parties RM 147.6 million

Retention Sum RM 134.4 million

>> the Retention Sum is for the RM 1.1 billion Pacific Star Towers Project .


4.) November 2018 RI is issued in Warrant only , WB at RM 0.25 with EX price RM 0.64 n is changed to RM 0.34 on 2022 … is 👉Maturity on December 2023 , to prevent the Take Over . A very sad battle episode as all parties are in Losses.

Insas : Other Operating Expenses

FY 2019 : RM 61,457,000

FY 2020 : RM 101,270,000

FY2021 : RM 123,419,000

FY2022 : RM 137,009,000

FY2023 : RM 73,144,000


Total = RM 496,299,000

Oh on ss leee beloved stock Insas Value Trap :


Hoho Insas the only best investment is on Inari .. Why ??? 




Dato' Dr Lee Chung Wah spent more than a decade in financial technology when he assumed the position of CEO and executive director of J & C Pacific Sdn Bhd (a subsidiary of INSAS Berhad, which is listed on the Main Board of Bursa Malaysia) from 2009 to 2016. He was in charge of several business units in Asean region. 




He was in charge of several business units in Asean region. As a serial techno entrepreneur and investor, he is one of the partners of International Supply Chain Alliance Ltd. Hong Kong, a leading supply chain and logistics platform internet company which owns www.oym56lm.com with main operations in the Greater China. 




As an active Fintech entrepreneur, Dato' Dr Lee was listed as an inventor to several granted patents under the Patent Cooperation Treaty and World Intellectual Property Organization in Australia, Singapore, United States of America and others. Prior to that, he was the general manager of INSAS Berhad from 2006 to 2007. 



👉👉👉Hoho How Good is Insaf Investment after 2017 ??? 



Omesti ? Hohup ? Microlink ? Divfex ? Fashion n Beverage company ( not listed ) , and Duramitt ( a glove company, thru associate company Divfex ( from 19% to 25% to current ard 34 % ) invested RM 40 Million in Duramitt ( 50.1 % ) on November 2020 .. New Glove factory is Operational on June 2021 .. How much is the Losses Until Today ??? 

Even no corporate structure that use to plan corporate taxes …shl stripping u slowly n softly…


 👉 Hoho I am posted Top Glove TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 .. 
 




And posted the study on Nitrile Gloves Demand vs Supply of 7 Local Gloves company on August 2020 that Supply Shl fulfil Demand in 12 months … 




👉As posted earlier , Insaf keep selling Inari Shares although market price is Low on 2019..at prices ranging from RM 1.68 to RM 1.81 , ( of coz Insaf buying price is low .. as low as ard RM 0.38 .. I did bought Insaf n Inari during Ah Sweet keep buying Inari .. with mentioned Dato' Dr Lee Chung Wah background…

Insaf holding Inari shares is greatly reduced from 2012 … 43 % to currently


12.6 % …14 %

MFCB :

Price : 4.47
NTA : 3.18
P/B : 1.41

EPS 44.47 sen
Trailing PE (Sector Median: 16.3) 10.1
Current Ratio 1.79
Debt-Equity (DE) Ratio 0.45
FCF Yield -0.9 %
Revenue QoQ 12.07 %
Revenue YoY 16.11%
Profit QoQ 10.72 %
Profit YoY 13.76 %
Profit Margin (Sector Median: 10.9) 32.76 %
ROE (ROIC: 11.13) 12.92 %
Dividend Per Share (DPS) 8.75 sen
Dividend Yield (DY) 1.96 %


YINSON :

Price : 2.53
NTA : 1.77
P/B : 1.43

EPS 27.58 sen
Trailing PE (Sector Median: 10.2) 9.2
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.92 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %
Profit Margin (Sector Median: 5.9) 9.92 %
ROE (ROIC: 4.16) 10.24 %
Dividend Per Share (DPS) 4.0 sen
Dividend Yield (DY) 1.58 %


JAKS :

Price : 0.13
NTA : 0.60
P/B : 0.22

EPS 0.71 sen
Trailing PE (Sector Median: 20.3) 18.2
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %
Profit Margin (Sector Median: 3.8) 35.93 %
ROE (ROIC: 0.73) 0.93 %
Dividend Per Share (DPS) 0.0 sen

Dividend Yield (DY) 0.0 %

JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend .. DY 3.7 %

Hoho if interest rate is Higher …


1.) Loan n Borrowings interest % is getting Higher :

QR October 2024 Total Loans n Borrowings RM 19.37 billion >> interest expenses x 0.09 = RM 1743.3 million/ year .

Cash n Cash Equivalents

QR October 2024 :

Cash n Bank Balances : RM 2,837 million

Less fixed deposit with maturity over 3 months: RM 89 million

Add Cash n Cash Equivalents classified as asset held for Sale : RM 9 million

》Cash n Cash Equivalents : RM 2,757 million


👉included in Cash n Cash Equivalents are bank balances and deposits with licensed banks amounting to RM 1,500 million , that were restricted based on the respective requirements of the lenders n bond holders .

Yinson Production completes USD 1.3 billion debt financing for the Agogo FPSO

2 May 2024 — The financing is provided by a consortium of 13 lenders, including international banks and institutional investors, and will be utilised over ...

FY2024 :

1.) Loss from net investment Hedge , ( RM 125 million)

2.) Reclassification of changes in fair value of cash flow hedges , ( RM 180 million) .

Hoho let’s see Financial Results starting February 2025 to January 2026 that said shl be followed IFRS …

As currently is Not followed IFRS .. is Operating Lease rather Finance Lease …

This article first appeared in The Edge Malaysia Weekly on June 24, 2024 - June 30, 2024

It is always a concern when a company’s financial accounts are unclear, causing those perusing the document — which would include bankers, creditors, shareholders and investors — to question the numbers. The primary objective of a company’s financial statements is to present a true and fair view of its performance and position.

The statements should minimise ambiguity and be easily digested by users who presumably have a basic understanding of accounting and finance.


It was only earlier this month that oil and gas player Serba Dinamik Holdings Bhd was delisted from Bursa Malaysia, after grappling with accounting issues since May 2021. It had an impressive earnings track record until reporting irregularities eventually surfaced.

As a result of this and other misadventures by a few oil and gas companies, banks are shying away from funding the sector.

Hoho chamloh interest expenses % is Higher le …

—
Posted by jjohnchew > 1 hour ago | Report Abuse

Hoho including projected Revenue from FPSO Agogo , Atlanta , Maria and Anna Nery as posted earlier :

Hoho just to simplify the illustration:

👉 Yearly Revenue USD 883.56 million x 4.5 = RM 3976 million / year .


QR October 2024 : Revenue RM 1900 million, ie 50 % contribution from FPSO Anna Nery … >>> 1900/2 x 4 = RM 3800 million/ year .

Total Revenue/ year = RM 7776 million

👉 Gross Profit 40 % =. RM 3110.4 million


Administrative Expenses RM 185 m x 4 = RM 740 m / year …


QR October 2024 Total Loans n Borrowings RM 19.37 billion >> interest expenses x 0.09 = RM 1743.3 million/ year .


👉 Total Loans to be paid in 25 years = RM 774.8 million/ year


👉👉 Total expenses ( excluded Hedge , SBB ) / year = RM 3258.1 million


👉👉👉 Total Expenses / year - Total Gross Profit / year = RM 147.7 million , ie : SHORT of Expenses Fund RM 147.7 million.



>>> : As 60 % of Term Loans per QR January 2024 is maturity between 2 to 5 years..

👉Total Loans to be paid in 10 years = RM 1937 million/ year


Total expenses ( excluded Hedge , SBB ) / year = RM 4,420.3 million


👉👉 Total Expenses / year - Total Gross Profit / year = RM 1310 million , ie : SHORT of Expenses Fund RM 1310 million.

马交所要求上市公司 采用IFRS永续披露标准
2024年12月23日



吉隆坡23日讯）配合国家永续发展报告框架（NSRF）的推行，大马交易所修订了上市公司的永续报告框架要求，需采用IFRS永续披露标准。

Hoho Yinson financial reports is Operating Lease ( with Elimination ) , is Not Finance Lease ( is Not follow IFRS ) ..

Insider reply shl follow IFRS by Next FY .. ie February 2025 to January 2026 !😱🤫

Hoho Why JAKS announced on 30/12/2024 given out Dividend after 10 years is No Dividend!👍🤔


1.) One of Variables in DCF calculation is Growth Rate

👉 Simply is Yinson DCF is getting Bad or Good ???


Yinson CAGR :

3Y 83% TTM 29.9%
5Y 51.9% TTM 33.9%


Jaks CAGR :

3Y 29.9% TTM 41.2%
5Y 0.5% TTM - 25%


2.) JAKS Vietnam JV Power Plant 1200 MW EPCC RM 8.7 billion is started payout Dividend on June 2024 , ie from yearly to half yearly !


3.) 6 years Legal Battle against Star on RM 1.1 billion Pacific Star Towers project is settled out of court on November 2024 .

FY2023 Annual Report:

> Trade Receivables

Third Parties RM 147.6 million

Retention Sum RM 134.4 million

>> the Retention Sum is for the RM 1.1 billion Pacific Star Towers Project .


4.) November 2018 RI is issued in Warrant only , WB at RM 0.25 with EX price RM 0.64 n is changed to RM 0.34 on 2022 … is 👉Maturity on December 2023 , to prevent the Take Over . A very sad battle episode as all parties are in Losses.

Hoho including projected Revenue from FPSO Agogo , Atlanta , Maria and Anna Nery as posted earlier :

Hoho just to simplify the illustration:

👉 Yearly Revenue USD 883.56 million x 4.5 = RM 3976 million / year .


QR October 2024 : Revenue RM 1900 million, ie 50 % contribution from FPSO Anna Nery … >>> 1900/2 x 4 = RM 3800 million/ year .

Total Revenue/ year = RM 7776 million

👉 Gross Profit 40 % =. RM 3110.4 million


Administrative Expenses RM 185 m x 4 = RM 740 m / year …


QR October 2024 Total Loans n Borrowings RM 19.37 billion >> interest expenses x 0.09 = RM 1743.3 million/ year .


👉 Total Loans to be paid in 25 years = RM 774.8 million/ year


👉👉 Total expenses ( excluded Hedge , SBB ) / year = RM 3258.1 million


👉👉👉 Total Expenses / year - Total Gross Profit / year = RM 147.7 million , ie : SHORT of Expenses Fund RM 147.7 million.



>>> : As 60 % of Term Loans per QR January 2024 is maturity between 2 to 5 years..

👉Total Loans to be paid in 10 years = RM 1937 million/ year


Total expenses ( excluded Hedge , SBB ) / year = RM 4,420.3 million


👉👉 Total Expenses / year - Total Gross Profit / year = RM 1310 million , ie : SHORT of Expenses Fund RM 1310 million.

Hoho Yinson P/B is 1.43 with Price 2.53 … what Shl be the Price if P/B is 1.00 ???

Hoho current ratio 0.64 , ie working capital only can Last for 7 months… not able to pay Current Loans n Borrowings…

👉JAKS :

Price : 0.130
NTA : 0.60
P/B : 0.22

Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %
Profit Margin (Sector Median: 3.8) 35.93 %



👉YINSON:

Price : 2.53
NTA : 1.77
P/B : 1.43

Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.92 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %
Profit Margin (Sector Median: 5.9) 9.92 %

Hoho insolvency ???

Price Range : 1.18 - 1.28


Price : 1.25..… VWAP : 1.225
Volume : 6.8267 million..



Price : 1.25..… VWAP : 1.218
Volume : 5.7535 million..



Price : 1.25..… VWAP : 1.201
Volume : 3.9318 million..


Price : 1.21..… VWAP : 1.196
Volume : 3.4329 million..


Price : 1.18 … VWAP : 1.198
Volume : 1.9984 million..