I am very impressed with the growth of higher margin UHP gas systems and in time LCO2 plant 2 expansion.
KGB guided for its boosted margins to sustain in the coming quarters given the delivery of high-margin ultra-high purity (UHP) gas systems.
Its LCO2 plant 2 is coming online by the end of FY 2023, just in time to capitalise on the current LCO2 shortages in the market.
The semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively. KGB will benefit a lot from these high growth periods to increase the earnings of KGB.

Q4 2023, PAT > 25 million is good enough.
I expect higher PAT in all quarter results of FY 2024.
I believe total earnings for FY 2024 will be around 120 million.
Thank you.

The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,323 on 18/2/2024, an increase of 6,580 points or 886% in the last 30 years.
Indonesian investors are super rich.

The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI is closed at 1,534 on 16/2/2024, an increase of 202 points or 15.3% in the last 30 years.
Malaysian investors are very poor.

Very sad for Malaysian investors.
Thank you.
------------------------
When the readers in this forum make some money, no point to spread fear and jealous we make money.
KLSE stock market is far ... far ... worse than other stock markets in the last 30 years.

Even the share price of YTLPower moves up north to 5.88, it is still nothing to compare against other best performing stock in other stock market.
KLSE is still a laggard stock market in SEA.
Thank you.

The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,323 on 18/2/2024, an increase of 6,580 points or 886% in the last 30 years.
Indonesian investors are super rich.

The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI is closed at 1,534 on 16/2/2024, an increase of 202 points or 15.3% in the last 30 years.
Malaysian investors are very poor.

Very sad for Malaysian investors.
Thank you.

Posted by ChloeTai > 10 minutes ago | Report Abuse
Today (19.02.2024 Monday) not happy. It is red. Q4 results must be > RM31,668 million. If not, it could drop more. Hope for miracle today. Can the red turn to green? Hopefully.
------------------
The technical chart is very bullish.
Even the PAT in Q4 2023 is lower than 31,668, I still believe the share price will not drop more.
I believe KGB will make > 100 million in FY 2024.
Thank you.

Post removed.Why?

These are the stocks analysts favour for 2024.
https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-02-16-story-h-188419978-These_are_the_stocks_analysts_favour_for_2024
--------------------
High debt stocks - YTLPower and Yinson are inside the list.

Cash rich stock - Insas is not inside the list.

All analysts in town are not good because they did not select Insas inside the list.
stockraider is the best analyst in town, he promotes Insas day and night in I3.
The best part of stockraider is to twist any story to suit him without facts and figures.
He is better than any analyst working for IB.
Thank you.

These are the stocks analysts favour for 2024.
https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-02-16-story-h-188419978-These_are_the_stocks_analysts_favour_for_2024

Yinson
Across sectors, top picks include floating production storage offloading vessel (FPSO) operators Yinson Holdings Bhd and Bumi Armada Bhd.
Thank you.

These are the stocks analysts favour for 2024.
https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-02-16-story-h-188419978-These_are_the_stocks_analysts_favour_for_2024

YTLPower
Among those with the highest percentage of 'buy' calls, YTL Power International Bhd tops the list given the screaming 'buy' by all 11 analysts covering the stock, on sustained earnings expected from its Singapore operations, as well as data centre exposure and outlook for the wider renewable energy space.

The power player's share price has rallied by more than 434% in the last 12 months - 54% since the start of the year - to push past the consensus TP by over 2.6%. It traded at RM3.93 at press time. However, expect marginal upward TP revisions, analysts contacted by The Edge said.
Thank you.

I want to see the FBMKLCI index up today on the first day of trading after CNY.
This phenomenon will confirm my belief that 2024 is a bull market in KLSE.
The higher the FBMKLCI index rises, the better will be our KLSE performance.
Good luck and pray hard.
Thank you.
--------------------
The first day of trading after CNY, the FBMKLCI gained 19 points on 13/2/2024.
Hope that the above phenomenon confirmed my belief that 2024 is a bull market in our KLSE.
Hope that all readers will be laughing all the way to the bank.
Good luck.

It is very important 2024 is a bull market in our KLSE.
Most of the stocks will perform well if 2024 is a bull market.
2012 was a dragon year, FBMKLCI rose from a low of 1,542 to a high of 1,631, a gain of 89 points or 5.8%.
I hope 2024 is also a dragon year, the FBMKLCI will perform well like the dragon year in 2012.
Good luck.

Post removed.Why?

Posted by Permutation > 7 minutes ago | Report Abuse
@OTB , TQ
I thought Yinson is one of them. no more?
-----------------
I still hold some Yinson-WA in my portfolio because I like the fundamentals of this stock.
I keep this stock on a longer term basis.
Yinson has a total order book > USD 20 billion, this confirmed order will last until 2048.
I cannot find any stock listed in KLSE has such huge order book of > USD 20 billion.
I believe Yinson will make a PAT of > 1 billion from FY 2024 onward.
Maybank IB gives a target price of 5.05.
Thank you.

YTLPower, KGB and Ekovest.
Note :
YTLPower is my No 1 stock in 2023.
I recommended YTLPower to all readers around 1.10.
I still recommend this share around 2.40 level.
After this level, I dare not tell anyone here to buy YTLPower further.
I have been silent on YTLPower share for sometime.
I do not know whether it is too late to buy YTLPower or not.
My cost on YTLPower is very low around 1.10, hence I still keep this stock.
Decide yourself.

Thank you.

Posted by Permutation > 2 hours ago | Report Abuse
@ OTB, Good job.
Perhaps you can share your current No.1 stock with us ? We can all laugh our way to the bank ? TQ
--------------------
I do not have No 1 stock now.
You can check my postings in I3, I have interest in 3 stocks only.
Thank you.

I recommended YTLPower to all readers around 1.10.
I still recommend this share around 2.40 level.
After this level, I did not tell anyone here to buy YTLPower further.
I have been silent on YTLPower share for sometime.
Those bought YTLPower share at 1.10, the profit gain now is around 256%.

I do not need to hide, YTLPower is making a very big gain.
Thank you.

Post removed.Why?

Posted by Jilohhuat > 38 minutes ago | Report Abuse
It is good of you Mr Otb to share your thoughts, I appreciate it very much. Best of luck to us . Huat Ah!
------------------------
I have made my money in KLSE.
Enough money for my retired life.
I feel very happy when everyone in this forum makes money.
I just want to share my knowledge here.
I feel very joyful on my recommendation to buy YTLPower at 1.10.
Everyone who bought this stock is laughing all the way to the bank.
This type of happiness cannot be bought by money.
Thank you.

Posted by Mabel > 12 hours ago | Report Abuse

Cash Balance: This is the amount of cash and cash equivalents that a company has at a given point of time. It indicates the liquidity and solvency of a company. A higher cash balance means that the company has more cash available to meet its obligations and invest in its growth. A lower cash balance means that the company has less cash available to meet its obligations and invest in its growth.

The cash balance of Yinson as of October 2023 was RM2.75 billion, which means that it had RM2.75 billion of cash and cash equivalents.

#MOBAjobg
Gearing ratio (GR) as defined in AR = Net debt / Total Capital
Yinson = 0.55.

Yinson Holdings Berhad (Yinson):
Gearing Ratio (GR) = 0.55
Interpretation: Yinson’s gearing ratio indicates that 55% of its capital is funded by debt, while the remaining 45% comes from equity.
Prudence Assessment: Yinson’s gearing ratio is within the yardstick of 0.50, suggesting a relatively conservative financial structure.

Please understand how FPSO works before post your comments.
Thank you.

The loan that secured for this FPSO Maria Quiteria is a limited recourse loan.

What is a limited recourse loan ?
Ans : A limited recourse loan, i.e. the creditor seeks to wholly or primarily rely on the cash flows and assets of the project for repayment and security, rather than on Yinson.

Thank you.

Post removed.Why?

What is the share price of Petrobras ?
Ans : 41.30 BRL.
1 BRL = 0.96 RM.

Brazil is the largest oil producer in South America, the eighth largest global oil producer, eighth largest oil consumer, and has the largest recoverable ultra-deep oil reserves in the world.

Why is Brazilian real getting stronger ?
In addition to their higher interest rates, Brazil and Mexico benefitted from being relatively safe markets to invest in during the uncertain global environment since the war in Ukraine and the resulting energy crisis in Europe and attracted capital flows that moved out of Russia.

Brazilian real and Mexican peso are the only major currencies that have outperformed the strong US dollar YTD.

Surging commodity prices helped net commodity exporters like Brazil. Brazilian real has benefitted from its strong exports earlier this year, thanks to the strong demand and higher commodity prices, e.g., price rises in crude oil and agricultural products, amid the global supply disruptions since the Russian-Ukraine conflict started. Total exports of Brazil broadly increased in 2022, as Chart 2 shows, driven by the growth in crude oil and soybeans.

What is the share price of Petrobras ?
Ans : 41.30 BRL.
1 BRL = 0.96 RM.

Brazil is the largest oil producer in South America, the eighth largest global oil producer, eighth largest oil consumer, and has the largest recoverable ultra-deep oil reserves in the world.
I repeat ......

I believe Petrobras is larger than the Petronas of Malaysia.
Is it true that Petrobras cannot get loans from the bank ?
It needs Yinson to secure loan for Petrobras on her behalf.
Simply bullshit and tell lies in this forum.

Do not know how FPSO works, please do not bullshit and tell lies in I3.

I talk with facts and figures.
Thank you.

I buy into Yinson share because 10 out 10 analysts recommending a buy on Yinson.
Yinson is not my major investment in my portfolio.
I buy a small amount on this stock as a long term investment.
I like the fundamentals of Yinson.
Yinson has an order book of > USD 20.0 billion, the order will last until 2048.
Thank you.

Post removed.Why?

What is the share price of Petrobras ?
Ans : 41.30 BRL.
1 BRL = 0.96 RM.

Brazil is the largest oil producer in South America, the eighth largest global oil producer, eighth largest oil consumer, and has the largest recoverable ultra-deep oil reserves in the world.

Why is Brazilian real getting stronger ?
In addition to their higher interest rates, Brazil and Mexico benefitted from being relatively safe markets to invest in during the uncertain global environment since the war in Ukraine and the resulting energy crisis in Europe and attracted capital flows that moved out of Russia.

Brazilian real and Mexican peso are the only major currencies that have outperformed the strong US dollar YTD.

Surging commodity prices helped net commodity exporters like Brazil. Brazilian real has benefitted from its strong exports earlier this year, thanks to the strong demand and higher commodity prices, e.g., price rises in crude oil and agricultural products, amid the global supply disruptions since the Russian-Ukraine conflict started. Total exports of Brazil broadly increased in 2022, as Chart 2 shows, driven by the growth in crude oil and soybeans.

What is the share price of Petrobras ?
Ans : 41.30 BRL.
1 BRL = 0.96 RM.

Brazil is the largest oil producer in South America, the eighth largest global oil producer, eighth largest oil consumer, and has the largest recoverable ultra-deep oil reserves in the world.
I repeat ......

I believe Petrobras is larger than the Petronas of Malaysia.
Is it true that Petrobras cannot get loans from the bank ?
It needs Yinson to secure loan for Petrobras on her behalf.
Simply bullshit and tell lies in this forum.

Do not know how FPSO works, please do not bullshit and tell lies in I3.

I talk with facts and figures.
Thank you.

I want to see the FBMKLCI index up today on the first day of trading after CNY.
This phenomenon will confirm my belief that 2024 is a bull market in KLSE.
The higher the FBMKLCI index rises, the better will be our KLSE performance.
Good luck and pray hard.
Thank you.

I want to see the FBMKLCI index up today on the first day of trading after CNY.
This phenomenon will confirm my belief that 2024 is a bull market in KLSE.
The higher the FBMKLCI index rises, the better will be our KLSE performance.
Good luck and pray hard.
Thank you.

I want to see the FBMKLCI index up today on the first day of trading after CNY.
This phenomenon will confirm my belief that 2024 is a bull market in KLSE.
The higher the FBMKLCI index rises, the better will be our KLSE performance.
Good luck and pray hard.
Thank you.

I believe the CEO of Yinson is a capable and enterprising person.
He makes Yinson the best FPSO manager in the world ... I repeat ... the best in the world.
Hence 10 out 10 analysts in town recommended a buy on Yinson.
I buy Yinson because I believe in the analyst's report.

If Yinson suffers the same downfall like Sapnrg, I believe
1.) The owner of Yinson and family will be a bankrupt.
2.) EPF will lose a lot of money.

I believe the owner of Yinson will know the consequence, he knows his risk.
I believe Yinson will make a PAT of around 1 billion in FY 2024 results.
FY 2024 (end January 2024) result will be released in March 2024.

IB reports and target price projections
IB/FY2024/FY2025/TP
MBB/872/1008/5.05
UOB/648/854/3.95
KEN/603/731/3.65
AMI/823/798/3.98
CIMB/1036/982/3.57

Good luck.
Thank you.

Posted by Philip ( buy what you understand) > 1 month ago | Report Abuse

I am probably one of the largest long term investors in yinson and have been invested since 2012. All I can say is that it is more wise to look at yinson as a cyclical business that takes time to gestate and grow. You can take their initial foray into Vietnam as an example.

1. Get a contract with a clean and clear delivery date and good payment rate which is based on the contract value minus the ship construction cost in China.
2. Make sure that you get some advance to help you pay your way through the construction period where you still own the ship at the end.
3. Borrow money to fund the ship construction.
4. Gestate for the 3-5 years while you complete the fpso.
5. Get a very strong team to keep everything on time and on budget.
6. Get to first oil and keep production high.

From there rinse and repeat.

Yinson has done this very very well over the decade. And they are still keeping to this bread and butter business with good funding.

For me I will never know when the share price will go up, but I bought at a cheap price and will continue to hold as the fundamentals remain intact.

Do not know what is FPSO project, please do not comment.

A person has a low IQ,
A person talks without facts and figures,
A person talks nonsense and telling lies,
A person likes to twist the story to suit him without facts and figures.

If you meet such person in I3, it is best you ignore him.
Let him syok sendiri.
Thank you.

Do not know what is FPSO project, please do not comment.

A person has a low IQ,
A person talks without facts and figures,
A person talks nonsense and telling lies,
A person likes to twist the story to suit him without facts and figures.

If you meet such person in I3, it is best you ignore him.
Let him syok sendiri.
Thank you.

In the stock market especially our KLSE.
Some can make a lot of money - Buy YTLPower.
Some lose a lot money - Buy Serba.
Some do not make money - Buy Insas.
Why ??
Some of reasons here.
1.) Lack of skill.
2.) Stubborn attitude. - Think that he is always better than others.
3.) "His stock is the best" behaviour. - Insas is the only best stock in the whole KLSE.

Those bought Insas in 2023, make a miserable profit.
Those bought YTLPower in 2023 made a fortune.

Analyse yourself whether the above statement is true or not.
Thank you.

A person has a low IQ,
A person talks without facts and figures,
A person talks nonsense and telling lies,
A person likes to twist the story to suit him without facts and figures.

If you meet such person in I3, it is best you ignore him.
Let him syok sendiri.
Thank you.

Dear Mabel,

I think you missed out one FPSO.

FPSO Helang. Malaysia. 100% stake.
https://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=656871&bb=669433
Contract value = USD 1.4 billion. 8 years firm and with 10 extension periods of one year each.
(2019 to 2027) Extension (2028 to 2037).
Annual (charter rate) revenue = USD 1400 million/8 = USD 175.00 million = RM 822.50 million (1 USD = RM 4.70)
PBT (40% of revenue) = 329.00 million
PAT (37% tax) = 207.27 million

Thank you.

A person has a low IQ,
A person talks without facts and figures,
A person talks nonsense and telling lies,
A person likes to twist the story to suit him without facts and figures,

If you meet such person in I3, it is best you ignore him.
Let him syok sendiri.
Thank you.

Yinson has been awarded the ‘Industry Excellence Award’ under the energy sector at MSWG-ASEAN Corporate Governance Award 2021, in recognition of the Group’s exemplary corporate governance disclosure and practices amongst Malaysian public listed companies.
I believe the management of Yinson can be trusted.
Thank you.

FPSO MQ - The oil company involved is PetroBras.
FPSO Atlanta - The oil company involved is PetroBras.
FPSO Agogo - The oil company involved is Eni (Italy oil company) and BP.

Are these oil companies "con" company try to cheat Yinson ?

These oil companies want FPSO vessels urgently because the cost of oil production using FPSO system is less than USD 10 per barrel.
The price of crude oil is about USD 80 per barrel.
If the FPSO vessels can be ready now, these oil companies are laughing all the way to the bank.

Talk with facts and figures, not the autie selling vegetable in Pudu market, her words has no value and credibility.
Uni, BP and Petrobras are creditable oil companies in the world.
Thank you.

Yinson has been awarded the ‘Industry Excellence Award’ under the energy sector at MSWG-ASEAN Corporate Governance Award 2021, in recognition of the Group’s exemplary corporate governance disclosure and practices amongst Malaysian public listed companies.
I believe the management of Yinson can be trusted.
Thank you.

A person has a low IQ,
A person talks without facts and figures,
A person talks nonsense and telling lies,
A person likes to twist the story to suit him without facts and figures,

If you meet such person in I3, it is best you ignore him.
Let him syok sendiri.
Thank you.

FPSO MQ - The oil company involved is PetroBras.
FPSO Atlanta - The oil company involved is PetroBras.
FPSO Agogo - The oil company involved is Eni (Italy oil company) and BP.

Are these oil companies "con" company try to cheat Yinson ?

These oil companies want FPSO vessels urgently because the cost of oil production using FPSO system is less than USD 10 per barrel.
The price of crude oil is about USD 80 per barrel.
If the FPSO vessels can be ready now, these oil companies are laughing all the way to the bank.

Talk with facts and figures, not the autie selling vegetable in Pudu market, her words has no value and credibility.
Uni, BP and Petrobras are creditable oil companies in the world.
Thank you.

Post removed.Why?

Post removed.Why?

Post removed.Why?

Posted by Mabel > 1 hour ago | Report Abuse
#MOBAjobg Gearing ratio (GR) as defined in AR = Net debt / Total Capital
Yinson = 0.55
SAPNRG = 1.41
AirAsia = 1.47
YTLp = 0.58
As a yardstick, GR that doesn’t exceed 0.50 is prudent.
12/02/2024 1:59 AM

Thank you MOBAjobg for this analysis. Let’s analyse the provided gearing ratios for the mentioned companies:

Yinson Holdings Berhad (Yinson):
Gearing Ratio (GR) = 0.55
Interpretation: Yinson’s gearing ratio indicates that 55% of its capital is funded by debt, while the remaining 45% comes from equity.
Prudence Assessment: Yinson’s gearing ratio is within the yardstick of 0.50, suggesting a relatively conservative financial structure.

SAPURA ENERGY BERHAD (SAPNRG):
Gearing Ratio (GR) = 1.41
Interpretation: SAPNRG has a higher gearing ratio, with 141% with a significant reliance on debt financing.
Prudence Assessment: SAPNRG’s gearing ratio exceeds the yardstick of 0.50, indicating a higher degree of financial leverage.

AirAsia Group Berhad (AirAsia):
Gearing Ratio (GR) = 1.47
Interpretation: AirAsia’s gearing ratio stands at 147%, with a significant reliance on debt financing.
Prudence Assessment: AirAsia’s gearing ratio exceeds the prudent threshold of 0.50, signalling higher financial risk.

YTL Power International Berhad (YTLp):
Gearing Ratio (GR) = 0.58
Interpretation: YTLp’s gearing ratio is 58%, indicating a balanced mix of debt and equity.
Prudence Assessment: YTLp’s gearing ratio is within the yardstick of 0.50, aligning with a prudent financial structure.

In summary:

Yinson and YTLp exhibit prudent gearing ratios within the threshold.

SAPNRG and AirAsia have higher gearing ratios, implying greater reliance on debt financing. That’s why both of them are classified as PN 17 Companies.

Remember that context matters, and industry norms play a role. Companies in different sectors may have varying acceptable gearing ratios. It’s essential to consider the specific industry, business model, and risk tolerance when assessing prudence.

In summary, debt financing involves borrowing with repayment obligations, while equity financing involves selling ownership stakes without repayment requirements.

Each method has advantages and trade-offs, and companies choose based on their specific needs and financial goals

According to my whatsapp messages, foreigners are net buyers in KLSE from 5/2/2024 till 8/2/2024.
Hope for a bull market in 2024.
Hope for a CNY rally in next week.
Good luck on YTLPower.
Gong Xi Fa Cai to all readers here.
Thank you.

In the stock market especially our KLSE.
Some can make a lot of money.
Some lose a lot money.
Some do not make money.
Why ??
Some of reasons here.
1.) Lack of skill.
2.) Stubborn attitude. - Think that he is always better than others.
3.) "His stock is the best" behaviour. - Insas is the only best stock in the whole KLSE.

Those bought Insas in 2023, make a miserable profit.
Those bought YTLPower in 2023 made a fortune.

The debt of YTLPower is high, yet the share price still perform above expectation.
There is no debt in Insas, yet the share price just hardly perform.

Hence high debt in YTLPower is not the real problem, it is your perception and skill you have.

Compare Sapnrg & Armada against YTLPower to justify the high debts problem.
To twist the story to suit him in his argument.
Very stupiid to talk without facts and figures.

In the next 5 years, YTLPower will be stronger than the present YTLPower based on future earnings.
I cannot foresee the market cap of YTLPower will be reduced to 3 billion.

Stop twist the story, please talk with facts and figures.
Nothing to compare YTLPower against Sapnrg & Armada.
They are not in the same category.
One is making ton of money, Sapnry is losing money.

Investors in the US should not buy Nvidia because the share price of Nvidia is too high.
Investors in the US should buy into banking stocks instead because of lower price.
This type of reasoning skill will reflect the capability of a person.

Please buy into a good stock.
Do not compare a good stock against a losing money stock to twist your story to suit you.
Overall it is a measurement of your skill and analysis.
The bottom line is "how much money you make in KLSE".

There is no rule to say that high debts stock cannot perform.
Solid cash stock will perform well in KLSE.
Is any stock perform better than YTLPower in 2023/4 ?
YTLPower has a high borrowings, yet the share price is breaking new high.

The buy signal of YTLPower was generated at 0.70 in the early part of 2023.
At that time, I dare not buy into YTLPower because no analyst recommended this stock due to high debts or borrowings.
I analysed YTLPower for a few months before the Q3 2023 result was out.
Q3 2023 result showed a profit of 520 million.
The projected profit for the next few quarters will be very high, hence I decided to buy big on YTLPower when the share price was below 1.20 level.
If I did not buy into YTLPower because of high debt or borrowings, I will not make 272% profit on this stock.
There is no fixed formula to win big on any stock, it is your judgement and your analysis.
When a stock has high debt, not necessary that this stock cannot perform.
I still believe if the profit (PAT) is big enough to cover back high debts in next few years, the stock will still perform.
YTLPower is a very good example to show that the future earning is very strong, the share price will perform despite of high debts.

Insas has huge cash but the share price just cannot perform.
I recommend Insas in 2014, at the end I have to cut loss on this stock.

If you do not like the stock due to your reasoning, please do not badmouth the stock.
It is a bad karma to badmouth any stock at the expense of poor investors here.
The god will not bless you and will punish you instead because of this bad mouthing.
Thank you.