OTB

tbooi1168 | Joined since 2011-05-02

Investing Experience Advanced
Risk Profile Low

Attended numerous technical charting courses in town. Currently, still work as a Remisier (> 23 Years experience) in Malaysia. Competed in 2015 stock pick competition, made 129% gain in 12 months. I was the champion of 2015 stock pick competition in I3investor.com.

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2023-11-14 22:55 | Report Abuse

My figures at RM 910 million because I did not add USD 50k per day charter rate to FPSO Anna.
Yinson will make a PAT of 910 million a year for the next 15 to 25 years.

Thank you.

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2023-11-14 22:54 | Report Abuse

Based on BursaVulture's figures

FPSO Daily (k) Year (M) Year (M RM)
Anna 477.10 174.14 818.47
Atlanta 210.00 76.65 360.26
MQ 624.00 227.76 1070.47
Agogo 726.00 264.99 1245.45
Total 2037.10 743.54 3494.65

PBT = 39.6% of Revenue 1383.88 M
Tax = 32% = 442.84 M
PAT = RM 941.04 M

Yinson will make a PAT of 941 million a year for the next 15 to 25 years.

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2023-11-14 22:32 | Report Abuse

I will not look into Yinson if there are no FPSO contracts.
The last 4 FPSO contracts are so huge that Yinson will make a PAT of 910 million a year for the next 15 to 25 years.

Yinson will make an EBIT of RM 1.5 billion on EPCIC construction on these 4 FPSOs in next 4 years (From 2022 until 2026 Feb).

FPSO - Yearly PAT
Anna - 188 million
MQ - 268 million
Atlanta - 147 million
Agogo - 307 million
Total - 910 million
Yinson will make a PAT of 910 million a year for the next 15 to 25 years.

The FPSO agreement between Yinson and the oil company is so good that I cannot believe it until I read the recommendation report from Oaklands Path.
Please note that all the debts of 4 FPSOs will be transferred to the oil company once the FPSO vessels are approved for oil production. There will be no debt at all after these 4 FPSO vessels are approved for oil production.
Thank you.

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2023-11-14 11:09 | Report Abuse

20/11/2023 - To review the component stocks of FBMKLCI index. I believe YTLPower will be included as a component stocks of FBMKLCI index.

18/12/2023 - YTLPower will be listed as a component stock of FBMKLCI index. The foreign funds will buy this stock once this inclusion is confirmed.

Thank you.

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2023-11-14 09:44 | Report Abuse

Hope that the share price of YTLPower can hit 2.40 before 20/11/2023.
Hope that the share price of YTLPower can hit 2.90 before 18/12/2023.
Good luck to all investors here.
Thank you.

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2023-11-13 14:07 | Report Abuse

Please read this report via the link below.
https://www.oaklandspath.com/the-fpso-industry-and-top-tier-lessor-and-operator-yinson

I read this report at least 10 times so that I can understand the high debt of Yinson.

All the present 11 billion debt will be disappeared after FY2025 (January 2025).
1.) FPSO Anna Nery achieved financial acceptance in May-23, all the debt of this FPSO Anna Nery will be taken over by the oil company.
2.) FPSO Atlanta and FPSO Maria Quiteria will be delivered in the middle of next year (2024), all the debts of these FPSOs will be taken over by the oil company.
3.) FPSO Agogo will be delivered by Feb-26, all the debt of this FPSO will be taken over by the oil company in Feb-26. Please note that this oil company has paid Yinson a payment in advanced of USD500 million. Hence there is no debt on this FPSO.

The actual operating cash flow should reach over RM3bn in calendar year 2026 and is sustainable for at least another 15 years based on the firm period alone. This compared to a market cap of RM7.4bn today with total net debt of RM11bn.

The debt could be fully paid within a few years if the company does not take on a new project. The cash leftover for shareholders may equal 5 to 8 times of today’s market cap i.e. may equal 59.2 billion in 15 years time.

Please read the aforesaid article again and again, all your questions will be resolved.
The aforesaid article written by Oaklands Path on Yinson is very good, you will understand the fundamental of Yinson very well.
Thank you.

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2023-11-13 13:16 | Report Abuse

The cost of production of oil using FPSO charter service is < USD 10 per BBL.
It is one of the cheapest modes of oil production.
The present crude oil price is about USD 80 per BBL, which oil company wants to terminate any FPSO contract ?
All oil companies using FPSO service are laughing all the way to the bank.
So far in Yinson's record, no oil company has terminated FPSO contract with Yinson.
It is an actual fact, everyone should talk with facts.

The FPSO contract on the Agogo project, the oil company has to pay USD 500 million cash in advance in order to secure the FPSO vessel.
There are 13 FPSO projects in a year, only 8 qualified bidders in the world. The FPSO market is very tight, so far all qualified bidders are tight up with construction of too many FPSO vessels. No more capacity to build any new FPSO vessel until the booked FPSO vessel is completed.

So far in all agreements signed with oil companies, the agreement favoured Yinson far more than oil companies because of very tight supply in the FPSO business.

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 and I am sure Yinson will make it to be a component stock of FBMKLCI index in the next 3 years (after FY 2026).
Do not use Yinson to compare against Serba Dynamic which is not a fair comparison.

There is always a risk in any business, so far Yinson is 100% safe in terms of safety risk in the FPSO business.

I like Yinson because of 4 big FPSO contracts secured in the last 2-3 years.
The strong growth of earnings far outweighed the risk of high debt.
The high debt problem will be resolved after 3 FPSO vessels are completed and certified by the oil companies in the mid of 2024.
I believe the negative cash flow will be improved and become positive after FY 2025 (Jan 2025) report.
The actual operating cash flow should reach over RM3bn in calendar year 2026 and is sustainable for at least another 15 years based on the firm period alone. This compared to a market cap of RM7.4bn today with total net debt of RM11bn.

If you think there is a high risk in the FPSO business, then do not invest in this stock.
But to bad mouth this stock with non-factual news is not fair to all investors in this stock.

Thank you.

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2023-11-13 12:09 | Report Abuse

Utilities Index is very bullish, the index breaks new high after 9 days of strong uptrending.
Nothing wrong if there is a minor correction.
YTLPower is definitely not a downtrending stock.
No reason to lose until bankrupt.
Only a stupiid person like Jerichomy will pass this non-factual comments "lose until bankrupt".

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2023-11-12 16:26 | Report Abuse

I recommended Insas to my followers > 10 years ago.
Mr Koon also recommended Insas before.
At the end, I also cut loss on Insas because the share price of Insas cannot perform.
I know that the fundamental of Insas is good.
I did not bad mouth Insas after I cut loss.

Watchlist

2023-11-10 09:15 | Report Abuse

@Philip,
I saw you invested in a big way on Yinson, Yinson is the second largest investment in this portfolio.
Please tell me what is so good about Yinson.
I know the fundamentals of Yinson is good after you take into consideration the future earnings of FPSO Anna Nery, MQ, Atlanta and Agogo.
Do you know that the share price of Yinson just cannot perform despite all ten analysts recommended a buy on this stock ? No hold or sell call on this stock, 100% a buy call.
I want to know your opinion on this stock.
Please advise.
Thank you.

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2023-11-08 17:03 | Report Abuse

Support at 2.24 is still intact.
Tomorrow is ex date for dividend.
Share price is adjusted for 4 cents lower at 2.21.
The strong support for YTLPower is at 2.20.

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2023-11-06 22:51 | Report Abuse

@ChloeTai,
You want to win big, you need to buy and hold until the share price of YTLPower hits your target price.
Everything looks good for YTLPower based on Dragon's analysis.
Good luck to you.
Don't worry, be happy.
Thank you.

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2023-11-06 22:33 | Report Abuse

FBMKLCI index is bullish now.
I believe we can see a bull market rally from now until Chinese New Year (February 2024).
The Weekly MACD and Parabolic SAR are still showing a buy signal respectively.
I like Weekly MACD to show a buy signal because the uptrending will last a long period of time.

17/17 of KLSE indexes are bullish today.
13/17 KLSE indexes had crossed the 200-day SMA.
Golden Cross buy signals appeared in 13/17 Indexes.

Hope we can see a bull market rally from now until Chinese New Year (February 2024).
We missed out year end bull market rally for a long time.
Hope that 2023 will be a good year.
Good luck to all investors here.

Best of luck to win big on YTLPower in 2023.
Hope to win 163% gain on YTLPower in 2023.
163 is a good number and a prosperous number in 2023.

Thank you.

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2023-11-06 11:49 | Report Abuse

Our KLSE has not performing well over the last 30 years.
I still remembered FBMKLCI was at a record high at 1,332 in January 1994, the FBMKLCI increased only 100 points until 2023.

JSX or Indonesian stock market has increased 650% in the last 30 years.

I believe KLSE will catch up in the next 3 years.
All investors invested in KLSE will do well in the next 3 years.
Good luck.

Thank you.

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2023-11-06 11:31 | Report Abuse

The share price of YTLPower breaks new high.
Likewise, Utilities Index also breaks new high.
They are already in technical bull market now.
Focus on the Utilities sector and the share price of YTLPower because they are bullish and they are in the bullish sector of KLSE.
Both weekly charts of Utilities and YTLPower, Parabolic SAR and weekly MACD are showing a buy signal respectively which indicate a strong uptrending is forming.
Once the weekly MACD is showing a buy signal, the uptrending trend will last for a long period of time.

The foreign funds are continuing net buying on YTL and YTLPower in Oct 2023. 
I have high hopes that both YTL and YTLPower will be included as a component stock of FBMKLCI in December 2023.

The share price of YTLPower breaks new high, the share price also crossed above major resistance at 2.24 convincingly.
It means the correction mode is over.
It is very rare to see the share price of YTLPower to drop below 1.88 again.
I am not surprised that the share price of YTLPower will hit 2.90 soon.

Worldwide stock markets are bullish now. 
FBMKLCI is bullish now, I believe we can see a bull market rally from now until Chinese New Year (February 2024). 
Weekly MACD and Parabolic SAR are still showing a buy signal respectively. 
I like Weekly MACD to show a buy signal because the uptrending will last a long period of time.

Among all the stocks listed in KLSE, I like YTLPower the most because the share price is breaking new highs and Weekly MACD is just starting to show a buy signal. 
It means the uptrending of YTLPower will last for a long period of time. 
Buy on weakness is the best strategy to add a position on YTLPower.

Good luck to all investors here.
Hope everyone is laughing all the way to the bank before Chinese New Year rally in 2024.

Thank you.

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2023-11-02 20:45 | Report Abuse

The share price of YTLPower breaks new high, the share price also crossed above major resistance at 2.24 convincingly.
It means the correction mode is over.
It is very rare to see the share price of YTLPower to drop below 1.88 again.
If you are a TA expert, you will not tell the readers here that the share price of YTLPower will drop back to 1.70 or 1.28.
Basically, this person is twisting the facts to suit him or simply twisting the chart pattern to suit him which is displaying a wrong picture here.

Moreover, the Utilities Index also breaks new high like the technical chart of YTLPower.

Both weekly charts of Utilities and YTLPower, Parabolic SAR and weekly MACD are showing a buy signal respectively which indicate a strong uptrending is forming.
Once the weekly MACD is showing a buy signal, the uptrending trend will last for a long period of time.
I am not surprised that the share price of YTLPower will hit 2.90 soon.
Good luck to all investors here.
Hope everyone is laughing all the way to the bank.
Thank you.

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2023-11-01 13:39 | Report Abuse

Posted by Abcdefg123456789 > 4 hours ago | Report Abuse

@Jerichomy
Loll
Most of us at here buy when the share price is below rm1
So how you gonna bankcrupt most of us??? You know that bursa got limit down right? Even suddenly limit down for this stock still earn above 70% profit
so like zgl said you are mad or jealous to otb? Seriously go get some treatment
When share price keep on up
You keep on comment it will down or want bankcrupt make you look like a joker just like rr88
---------------
My cost is around 1.10 level.
I have made 1.00 margin, how to lose money ?
It is true that Jerichomy is talking without facts and figures.
Jerichomy is simply talking cxxk here.
Jerichomy is still angry with me for not helping him to push up the share price of LayHong to let him escape from bankruptcy.
I am a honest businessman, I do not have any resource to help him to push up the share price of LayHong at that time.
Moreover, I also cannot tell my followers to push up the share price of LayHong and let my followers suffered a big loss. It is not fair to them.
I have my brain to think, it is not feasible for me to help him at the expense of my followers and my reputation.
I do not think Jerichomy should be angry with me, it is not within my mean.
Thank you.

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2023-10-31 15:02 | Report Abuse

All buy signals on the technical chart of YTLPower are out.
The technical chart is bullish now.
The next resistance to cross is 2.24.
Good luck to all.
Thank you.

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2023-10-23 21:59 | Report Abuse

Jerichomy has no cure at all, please go back to your Tanjung Rambutan hospital to rest.
Take your medicine and stop come over to this forum.
Jerichomy is a bankrupt, he cannot buy YTLPower shares.
Jerichomy will be more frustrated when the share price of YTLPower hit 4.00 in due time.
I worry Jerichomy will be mad and start to do stupiid thing in his life.

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2023-10-20 19:31 | Report Abuse

Yinson quarter results
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7293
Q1 2024 - Revenue =3018M, PBT=296M, PAT=208M, EPS=6.10, PAT margin =6.89%, PAT/PBT%=70.3%
Q2 2024 - Revenue =3113M, PBT=449M, PAT=230M, EPS=6.70, PAT margin =7.39%, PAT/PBT%=51.2%
Half year PAT=438M

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/823/798/3.96
RHB 436/767/3.06
Q2 July 2024 result - PBT is good.
Q2 July 2024 result - PAT is low even PAT margin is higher than Q1 April 2024 result.
Half year PBT=745M, PBT for FY2024 will be estimated at least 1.450 billion.
If PAT/PBT%=0.703, PAT=1.019 billion. If PAT/PBT%=0.512, PAT=742.4 million. The average is =880 million. Please note that the PAT for the second half of FY2024 will be better than the PAT for the first half of FY2024. Full charter service rate at 39.6% PBT of FPSO Anna Nery will be included in the second half of FY2024.
Half year PAT=438M, I believe this projection of PAT for FY2024 is inline with MBB's projection.

Based on MBB's projection, the target price for Yinson is at 5.05.

The PAT for FY2025 will be better than PAT for FY2024 because FPSO Anna Nery will be in full operations. Moreover, both FPSO Maria Quiteria and FPSO Atlanta will be in operations in FY2025, they will contribute about 50% of their revenues and also PAT.

The PAT for FY2025 will be > 1 billion.

The share price of Yinson closed at 2.43 on 20/10/2023 is definitely undervalued.

PAT for FY2024 is around 872 million after less out all interest payments on debt.
Paying the interest on debt is not an issue for Yinson because PAT for FY2024 is projected to be 872 million.
Thank you.

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2023-10-20 19:22 | Report Abuse

All FPSO contracts of Yinson are concluded in USD, the present high USD against RM is a good news to Yinson.
Yinson should make more profit in FY2024.
Good luck.
Thank you.

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2023-10-20 18:01 | Report Abuse

The management of Yinson is very good in securing FPSO contracts and make Yinson a very profitable company.
However, the management of Yinson is not good in supporting the share price of Yinson.

I believe Tan Sri Francis Yeoh will be a better director to support the share price of YTLPower.
Foreign funds are brought in to buy and take up the stake of EPF shares holding of YTLPower.

I hope the Board Of Directors of Yinson will follow the same foot step of TS Francis Yeoh to support the share price of Yinson.
Good luck.
Thank you.

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2023-10-20 17:41 | Report Abuse

I will not look into Yinson if there are no FPSO contracts.
The last 4 FPSO contracts are so huge that Yinson will make a PAT of 910 million a year for the next 15 to 25 years.

Yinson will make an EBIT of RM 1.5 billion on EPCIC construction on these 4 FPSOs in next 4 years (From 2022 until 2026 Feb).

FPSO - Yearly PAT
Anna - 188 million
MQ - 268 million
Atlanta - 147 million
Agogo - 307 million
Total - 910 million
Yinson will make a PAT of 910 million a year for the next 15 to 25 years.

The FPSO agreement between Yinson and the oil company is so good that I cannot believe it until I read the recommendation report from Oaklands Path.
Please note that all the debts of 4 FPSOs will be transferred to the oil company once the FPSO vessels are approved for oil production. There will be no debt at all after these 4 FPSO vessels are approved for oil production.
Thank you.

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2023-10-20 17:19 | Report Abuse

Please read this report via the link below.
https://www.oaklandspath.com/the-fpso-industry-and-top-tier-lessor-and-operator-yinson

I read this report at least 10 times so that I can understand the high debt of Yinson.

All the present 11 billion debt will be disappeared after FY2025 (January 2025).
1.) FPSO Anna Nery achieved financial acceptance in May-23, all the debt of this FPSO Anna Nery will be taken over by the oil company.
2.) FPSO Atlanta and FPSO Maria Quiteria will be delivered in the middle of next year (2024), all the debts of these FPSOs will be taken over by the oil company.
3.) FPSO Agogo will be delivered by Feb-26, all the debt of this FPSO will be taken over by the oil company in Feb-26. Please note that this oil company has paid Yinson a payment in advanced of USD500 million. Hence there is no debt on this FPSO.

The actual operating cash flow should reach over RM3bn in calendar year 2026 and is sustainable for at least another 15 years based on the firm period alone. This compared to a market cap of RM7.4bn today with total net debt of RM11bn.

The debt could be fully paid within a few years if the company does not take on a new project. The cash leftover for shareholders may equal 5 to 8 times of today’s market cap i.e. may equal 59.2 billion in 15 years time.

Please read the aforesaid article again and again, all your questions will be resolved.
The aforesaid article written by Oaklands Path on Yinson is very good, you will understand the fundamental of Yinson very well.
Thank you.


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2023-10-20 17:05 | Report Abuse

Posted by James_Bond > 2 days ago | Report Abuse
High borrowing will kill Yinson! It kills Evergrande Group successfully! Next, will it be Yinson, high borrowing company?
--------------------
@James_Bond,

Oaklands Path is a broker authorised by the Hong Kong Stock Exchange.

Please read this report via the link below.
https://www.oaklandspath.com/the-fpso-industry-and-top-tier-lessor-and-operator-yinson
This article would not have been possible without the sharing of Raymond Yap of CGSCIMB and Keat Seng of KSC.
Note :
FPSO Anna Nery achieved financial acceptance in May-23 and began generating lease income.
Currently, it still has 3 more FPSOs under construction.
FPSO Atlanta and FPSO Maria Quiteria will be delivered next year and FPSO Agogo will be delivered by Feb-26.
The present debt incurred by the aforesaid 3 FPSO vessels.
The high debt will disappear by 2026 if the company does not take on new project.
Example.
FPSO Anna Nery achieved financial acceptance in May-23.
The loan is no longer belong to Yinson and the loan is transferred to the owner of the oil company once FPSO Anna Nery is accepted for full operations.
Likewise, the loans of 3 FPSO presently under construction will disappear in 2024 and 2026 once the FPSO is accepted for full operation and subjected to final acceptance by the oil company.

The actual operating cash flow should reach over RM3bn in calendar year 2026 and is sustainable for at least another 15 years based on the firm period alone. This compared to a market cap of RM7.4bn today with total net debt of RM11bn.

The debt could be fully paid within a few years if the company does not take on a new project. The cash leftover for shareholders may equal 5 to 8 times of today’s market cap i.e. may equal 59.2 billion in 15 years time.

Please read the aforesaid article again and again, all your questions will be resolved.
The aforesaid article written by Oaklands Path on Yinson is very good, you will understand the fundamental of Yinson very well.
Thank you.

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2023-10-19 16:17 | Report Abuse

Hope that the share price of YTLPower can close at 2.01 and above today.
Good luck.
Thank you.

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2023-10-19 09:42 | Report Abuse

Posted by rr88 > 22 hours ago | Report Abuse
Pump chit at technical rebound top.
You dont lari, you kena.
Next stop 0.69
----------------------------
I bought 100 lots (100K) at 0.775 on 4/10/2023 and sold at 0.88 today.
The share price of UEMS did not drop to 0.69 as frightened by this day trader.
This day trader told everyone to sell in this forum almost everyday, can we invest in this manner ?
Is his strategy right ?
This day trader is wrong all the time in this UEMS forum. Please check all his postings here.
Should we still want to listen to him ?
Your choice.
Thank you.
---------------------------
I sold 100k shares of UEMS at 0.88 previously.
I decided to buy back 100k shares of UEM at 0.74 today.
The strong support is at 0.735.
I believe the uptrending trend of UEMS is still intact.
The new target price recommended by RHBBank is 1.18.
There is a lot of margin of safety on this stock.
I have made 5 round profits so far on this stock.
Hope to make 6th round profit on this stock again.
I want to test my TA skill on this stock.
Good luck.
Thank you.

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2023-10-16 08:31 | Report Abuse

Please read the link below.
https://theedgemalaysia.com/node/686111

Winners from Malaysia's 2024 spending plan.

New energy players

Malaysia will continue to expand its electric vehicle charging infrastructure and encourage EV adoption through rebates, which will help players such as Yinson Holdings Bhd. It will also increase the installation of solar panels, including at government premises, in partnership with Tenaga Nasional Bhd.

Thank you.

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2023-10-14 10:23 | Report Abuse

The main income from Yinson is from FPSO charters service, the rate is fixed by the agreement.
Crude oil price has no bearing on her profit.
The cost of production of oil for the oil company using FPSO service is < USD10 per BBL.
Hence this FPSO charters service has a very good future, no oil company will terminate FPSO contract due to low cost of production.
There is more demand than supply in the present market.
There are 13 FPSO projects to be awarded every year, very few players interested to take the job because there is no capacity to build FPSO vessel.
There are only 8 proven and reliable players in the world.
The capacity of Yinson is only 1 FPSO vessel per year.
Please note that Yinson is the best or preferred bidder for FPSO project in the world.
Thank you.

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2023-10-13 17:04 | Report Abuse

Closed at 2.03 today is good enough for the technical chart of YTLPower to be bullish.
The share price closed above 2.01 which is the 20-day EMA line.
Hope to see a bull market after this 2024 budget day.
Hope to see a year end rally in 2023.
We haven't seen a bull market in KLSE for a long time.

Good luck.
Thank you.

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2023-10-13 10:26 | Report Abuse

FBMKLCI
FBMEMAS
Financial Serv
Utilities Index
All aforesaid indexes are bullish and cross above 200-day SMA.
YTLPower is classified under an utilities stock.
The technical chart of YTLPower is also bullish and above the 200-day SMA.

The above indexes indicate to me, KLSE will be bullish after the 2024 budget.
Hope to see a year end rally in 2023.
We haven't seen a bull market in KLSE for a long time.

Good luck.
Thank you.

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2023-10-12 12:52 | Report Abuse

All 3 major FPSO projects will be in full operations starting from Q1 2026 onward. I know that the present debt of 11 billion is high, please note that once the FPSO vessel is ready and accepted by the oil company, the debt will be transferred to the oil company.

If Yinson does not take up any project after Q1 2026, the debt will be reduced to almost zero.
The free cash flow generation should be more than RM3bn each year from FY Jan-27 onwards. This level of free cash flow generation should be sustainable for at least 15 years based on the firm lease period.

Thank you.

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2023-10-12 12:31 | Report Abuse

FPSO Anna Nery. Brazil. 75% stake in 2023, 66.5% stake in 2024.
https://www.theedgemarkets.com/article/yinson-rises-17-after-landing-fpso-contracts-worth-us52b-brazil
https://www.oedigital.com/news/497166-naming-ceremony-held-for-yinson-s-anna-nery-fpso#:~:text=The%20estimated%20aggregate%20value%20of,date%20of%20the%20final%20acceptance.
Contract value = USD 5.4 billion. 25 years firm.
Start operation in early 2023.
Annual (charter rate) revenue = USD 5400 million/25*75% = USD 162.00 million = RM 745.20 million (1 USD = RM 4.60)

3 FPSO vessels of Yinson under construction
1.) FPSO Maria Quitéria. Brazil. 100% stake.
https://www.theedgemarkets.com/article/yinson-lands-fpso-contracts-worth-us52-billion-brazil
Contract value = USD 5.2 billion. 22.5 years firm.
Start operation in mid-2024.
Annual (charter rate) revenue = USD 5200 million/22.5 = USD 231.11 million = RM 1.063.10 billion (1 USD = RM 4.60)

2.) FPSO Atlanta. Brazil. 100% stake.
https://www.oedigital.com/news/494478-malaysia-s-yinson-brazil-s-enauta-pen-firm-contracts-for-atlanta-field-fpso
Contract value = USD 1.9 billion. 15 years firm and with option to extend 5 years.
Start operation in mid-2024.
Annual (charter rate) revenue = USD 1900 million/15 = USD 126.67 million = RM 582.68 million (1 USD = RM 4.60)

3.) FPSO Agogo. Angola. 100% stake.
https://www.theedgemarkets.com/node/657117
https://klse.i3investor.com/web/announcement/detail/1757017
Contract value = USD 5.3 billion (Inclusive 15 years + optional 5 years extension). 15 years firm and with extension 5 years.
Start operation in the fourth quarter of 2025.
Annual (charter rate) revenue = USD 5300 million/20 = USD 265.00 million = RM 1.219 billion (1 USD = RM 4.60)

You need cash to construct these 3 big FPSO vessels.
Please note that payback is only 3 years.
No oil company will terminate FPSO contract because the production cost of FPSO is < USD10 BBL.
Oil company is laughing all the way to the bank in view of high crude oil price.
Oil company wants fast delivery on the FPSO vessels.
The oil company of FPSO Agogo vessel paid USD 500 million upfront and in advanced to Yinson because this oil company wants a fast delivery on the vessel.

Thank you.

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2023-10-12 11:13 | Report Abuse

The following events will enhance the future share price of YTLPower.
1. YTLPower might be added to FBMKLCI component stocks in December's review. Presently, YTLPower ranks no 23-26.
2. Good Q1 Sep 2024 result releases in November 2023. I believe the result is definitely better than Q1 Sep 2023 result. All analysts will upgrade the target price of YTLPower.
3. Tan Sri Francis Yeoh promised to give out a dividend of 15 sen for FY2024.
4. The target price set by HLIB in 2023 is 2.90, I believe it is achievable.
5. I believe foreign funds are net buyer on this stock. Very good news.
6. RE Power and utilities sectors are growth sectors currently, right business model.

Good luck to all investors here.
Thank you.

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2023-10-12 10:29 | Report Abuse

The share price of YTLpower breaks 2.01, 2.06, 2.07 and reach the high at 2.09 today is a good sign now.
The share price moving up slowly and steadily.
It means the trend is in an uptrend.
Looking forward to break 2.24 soon.
Good luck.
Thank you.

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2023-10-12 10:16 | Report Abuse

The main objective of this forum is to share information and to make money together.
dragon328 has showed a very good example to us, I really appreciate his effort and good reports.
This forum is definitely not to be used to attack any person.

Using TA alone without using FA will not work well in KLSE.
A stock without good fundamental, the share price will not move up north to break new high.
The value of the share is supported by good earning and growth, forget about the stock if the earning is not good and there is no growth in earning in the future.

A stock is very good in fundamental, the share price will drop to new low, I think we should not believe this person who argue in this manner.
Definitely he is a loser in the stock market and I believe this person lost all his wealth in the stock market.
Invest in good growth stock will make you a winner in KLSE.
Thank you.

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2023-10-12 09:17 | Report Abuse

Under finance lease accounting, the investment in CAPEX to construct the FPSO is recognized as a contract asset on the balance sheet. The change in contract asset must be included in reported cash flow from operations. In reality, this change in contract asset represents CAPEX to build new FPSOs and should not be considered as operating cash flow. The actual operating cash generated for FY Jan23 should be RM1.36 bn.
Thank you.

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2023-10-12 08:37 | Report Abuse

The future prospect of Yinson is very bright due to the huge order book secured now.

Moreover, 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 and I am sure Yinson will make it to be a component stock of FBMKLCI index in the next 5 years.
Thank you.

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2023-10-11 22:29 | Report Abuse

Posted by dragon328 > 43 minutes ago | Report Abuse

@cgtan2020, I also saw that 11m shares transacted at RM2.02 at 4.50pm just now.

So we have seen large transactions done at RM1.88, then at RM2.08 and today at RM2.02, averaged at about RM2.00. Looks like funds are getting ready for next leg up.
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When a big transaction is done through the screen terminal, the likely buyer is the foreign fund because the foreign fund wants transparency in the above transaction.
Local fund may consider to do a married deal (off market transaction).
Good luck.
Thank you.

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2023-10-11 22:25 | Report Abuse

Do not worry, the technical chart of YTLPower is bullish now.
1.) Parabolic SAR shows buy signal.
2.) Stochastic shows buy signal.
3.) Force Index shows buy signal.
4.) The share price of YTLPower is higher than 20-day EMA. A bullish sign.
Good luck.
Thank you.

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2023-10-11 11:41 | Report Abuse

Sorry, rr88 lost 16 million in KLSE previously, he said today.
He quoted 12.5 million previously.

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2023-10-11 10:46 | Report Abuse

Posted by rr88 > 22 hours ago | Report Abuse
Pump chit at technical rebound top.
You dont lari, you kena.
Next stop 0.69
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I bought 100 lots (100K) at 0.775 on 4/10/2023 and sold at 0.88 today.
The share price of UEMS did not drop to 0.69 as frightened by this day trader.
This day trader told everyone to sell in this forum almost everyday, can we invest in this manner ?
Is his strategy right ?
This day trader is wrong all the time in this UEMS forum. Please check all his postings here.
Should we still want to listen to him ?
Your choice.
Thank you.