Hoho Yinson is going to be insolvency ke …as illustrated earlier…
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Posted by Sslee > 28 minutes ago | Report Abuse
What the use of MNH Evolve Mall book value/assets rich but that asset can't generate profit/cashflow to settle bank interest and repayment of bank borrowing?
Mike/John donkey know what will be Yinson 4 latest FPSO yearly revenue/income/cash inflow?
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
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.
Mike/John donkey still wants to spin "Pusing" like a top. I posted Yinson 4 latest FPSO yearly revenue/income/cash inflow:
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
And he spin it into Yinson
👉 Yearly Revenue USD 883.56 million x 4.5 = RM 3976 million / year .
Did he know what were the revenue of Yinson other FPSO and other business?
Mike/John donkey is now the undispute "pusing" king
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.
Posted by jjohnchew > 20 minutes ago | Report Abuse
Yinson:
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
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Posted by Sslee > 8 minutes ago | Report Abuse
Mike/John donkey still wants to spin "Pusing" like a top. I posted Yinson 4 latest FPSO yearly revenue/income/cash inflow:
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
And he spin it into Yinson
👉 Yearly Revenue USD 883.56 million x 4.5 = RM 3976 million / year .
Did he know what were the revenue of Yinson other FPSO and other business?
Mike/John donkey is now the undispute "pusing" king
Hoho DonkeyyTinKosongLeader Kon ss leee too oldd n lazy to learn as usual .. only best in Pretending n Twisting..
No more calling yr paid Macai “ Ularsawa come to ROI Competition forum “ to rescue u …🤣🤣🤣
The Macai is one of 3 members of the Kacukan Tippu gang whom Tippu newbies membership fees RM 100 .. said ard few thousand members want to join wow .. after denied many times is No membership fees .. then said is for charity.. beware …
JAKS Resources Berhad Proposed medium term notes ("MTN") programme of up to Ringgit Malaysia Two Hundred and Fifty Million (RM250,000,000.00) in nominal value ("MTN Programme") 2024-12-06 .
> 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 looks like Yinson is at High risk to be insolvency as FPSO Agogo First Oil is by Early 2026 ..
Yinson working Capital is only Last for 7 months … need to Refinancing ke like in Last QR : sold FPSO Anna Nery 11.8 % equity for USD 49 million , n Divest its offshore support vessel (OSV) business to Icon Offshore Bhd for RM160 million…
Mike/John donkey know what were the FPSO operation profitable vs revenue?
Repost YTD Q1 FYE 2024(RM’ mil) YTD Q1FYE 2025 (RM’ mil) Variance (RM’ mil) Revenue 365 651 286 Gross Profit 213 433 220 EBITDA 250 468 218 Core PATAMI 104 177 73 Increase in revenue was due to fresh contribution from FPSO Anna Nery’s operation since first oil was achieved on 7 May 2023.
1.) Dumb Dumbasxx hold Xingquin until is Delisted on September 2019 even knew is in Account Fraud like Serba … Ss leee n Mr K2Y are the Promoters … someone said Mr K2Y nephew/ relative is one of the Auditors… got insider info ke then why still promoted le ???
2.) Ss leee promoted SCIB together with i3lurker/ Balia … Kon Lee blowing at least RM 1.00 by Early 2025 … Ada ke ? RM 0.225 Ada la … lebih teruk le …. Kesian Tikusss yg tertangkap le … Ss leee mau Tanam Trapped Tikuss ke as u said earlier le .. dahsyat nya awak …
> On 7 May 2023, Yinson Production delivered FPSO Anna Nery. Since first oil was achieved, FPSO Anna Nery has been delivering impressive operational results. In FYE 2024, FPSO Anna Nery contributed RM1.2 billion* and RM547 million* in FPSO Operations revenue and PAT respectively.
Segment information:
> For the 12 months period ended January 2024 :
> FPSO Operations: Gross Revenue 2769 million- Elimination 431 million = 2338 million
Results: + 1394 million
> For the 6 months period ended July 2024 :
>FPSO Operations: Gross Revenue 2904 million- Elimination 1521 million = 1303 million
Results: + 810 million
Yinson
👉👉Question 1 : is FPSO Anna Nery contributing ard 50 % Revenue n Profit out of the 6 Operating FPSO ? ( excluded FPSO Atlanta n FPSO Maria ) . ? 😱
And the ownership is reduced from 75 % to 64 % recently due to Refinancing !!!😱😱😱🤔
—- Yinson :
FPSO Jak : 74 %
FPSO Helang : 100 %
FPSO Abigail : 100 %
FPSO Anna Nery : 75 % ( recently is reduced to 64 % , 1st oil on May 2023 ) .
FPSO Atlanta : 100 % ( initial 1st oil is scheduled by May 2024 .. then August 2024 .. then ?? )
FPSO Maria : 100 % ( 1st oil on October 2024 )
FPSO Agogo : 100 % ( still in Construction, 1st oil is scheduled by early 2026 )
Hoho KonLee the expert in Financial Accounting also -don’t play play le he had gone thru 3 months Accounting course le .. betul tak …more expert than Yinson Group CFO le …
As he always posted Jaks Return in Operating is Failed but I stress look at Finance investing as Vietnam Power Plant 1200 MW EPCC RM 8.7 billion is an associate company with 30 % … Revenue is not recognised…. Only Share of Profit n Dividend.
So KonLee what Yinson Financial Report shl be different starting next financial year that is follow IFRS …( February2025 to January 2026 ) ???
Hoho will it be like TDM case ? During MFRS standard on 2019 … TDM with new auditor on 2019 , rectified the Mis-location issues, FY2019 is in Huge Loss , rectified FY2018 from Profit to Loss …. FY2020 to FY2022 is incurred Losses..
👉👉👉 Especially Yinson currently Financial Reports is with Huge Elimination figures..need to back tracks for 3 years !!😱😅
Hoho as posted earlier:
>>> This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective.
IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.
>>> eg :
Yinson :
QR ended July 2024 :
Segment information : RM million
> For the 6 months period ended July 2024 :
1.) Renewable : Gross Revenue 66 million- Elimination 1 million = 65 million
Results : + 9 million.
2.) Green Technology: Gross Revenue 26 million- Elimination 19 million = 7 million
Results: - 22 million
3.) Other Operations : Gross Revenue 459 million- Elimination 458 million = 1 million
Results: - 47 million
👉4.) FPSO Operations: Gross Revenue 2904 million- Elimination 1521 million = 1303 million
No hidden risk behind jaks. It is an open secret if jaks failed to raise cash and default on repayment of bank loans then bankers have the right to conficate and lelong all jaks assets to recover their loan.
Bankers will not be as kind as jaks BOD impair the receivables and no action taken against debtors to recovered what were owed.
Post: The last PP utilisation: Facility Bank Purpose of borrowing Total amount outstanding as at LPD (RM’000) Proposed repayment (RM’000) Term loan Great Eastern Life Assurance (Malaysia) Berhad (“Great Eastern”) Term loan provided to part finance the development cost of a 4-storey shopping mall known as Evolve Concept Mall 211,418 13,000
MNH as at 31/12/2023 Current liabilities RM 204,961,046 Non-current liabilities RM 196,443,411 Non-current assets RM 324,605,814 Current assets RM 5,764,090 Total equity RM (71,034,553)
Jaks hold 51% MNH and MNH is the owner of Evolve Mall
The MNH RM 250 million medium-term note (MTN) can hardly cover the MNH Current liabilities RM 204,961,046 and how many of Non-current liabilities RM 196,443,411 become due in 2025?
Is (“Great Eastern”) loss confident on jaks and recall the outstanding RM 211,418,000 term loan thus MNH has no choice but to raise cash through MTN to settle (“Great Eastern”) outstanding loan?
Summarised statements of financial position as at 31 December 2023: FP MNH Total RM RM RM Non-current assets 232,040,920 324,605,814 556,646,734 Current assets 910,656 5,764,090 6,674,746 Total assets 232,951,576 330,369,904 563,321,480 Current liabilities 221,684,498 204,961,046 426,645,544 Non-current liabilities 64,635,068 196,443,411 261,078,479 Total liabilities 286,319,566 401,404,457 687,724,023 Total equity (53,367,990) (71,034,553) (124,402,543) Attributable to: Non-controlling interest (26,150,315) (34,806,931) (60,957,246) Other individually immaterial non-controlling interest (556,599) Total non-controlling interest (61,513,845)
Hoho since DonkeyyTinKosongLeader Kon ss leee like to talk on DCF now … let’s see the comparison by simplifying, as one of the variables factor in DCF calculation is Growth Rate :
1.) Jtiasa
CAGR : 3Y 64.8% TTM 90.5% 5Y 20.2% TTM 20.7%
Note : Hidden Risks on :
a.) FFP Production Output July to September 2024 is Reduced ( - 19.4 % vs 2019 )
b.) Replanting Cost RM 1.74 billion is Short of RM 1.2 billion over next 3 years.
c.) 10 % to 20 % Mill utilisation is from Outsourcing FFB . Starting 2025 , MPOC shl carry Spot Check on buyers’ weight machine n Report to prevent malpractices as reported by smallholders .
d.) Pulau Bruit is identified by Sarawak government suitable for Hybrid rice cultivation on February 2024 …
FY24 Own Plantation planted area >>> is reduced by 3,888 hectares or - 10.84 %
Own Plantations are 54 % in Pulau Bruit
e.) Total Assets is keep Reduced although with yearly Profit :
👉👉Is reduced by RM 427 million from 2019 to 2024 , ie : over 5 years .
👉Remarks : Total Impairment is RM 472.1 million from FY2020 to FY2024 , over 5 years .
👉 Remarks: Total Impairment is RM 687.1 million from FY2019 to FY2024 , over 6 years .😱😱😱😱
2.) JAKS
CAGR : 3Y 29.9% TTM 41.2% 5Y 0.5% TTM - 25%
3.) Yinson
CAGR : 3Y 83% TTM 29.9% 5Y 51.9% TTM 33.9%
4.) PMCORP
CAGR : 3Y -27.2% TTM -30.9% 5Y -73.6% TTM -57.8%
5.) Lambo : promoted by JedieMaster is Delisted on October 2024 … Kesian Betul nya ….🤣🤣😅
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 no worries on Yinson le .. as oredi spent RM 607 million on SBB .. Price shl be in range ard RM 2.68 … where as EPF n KWAP rotating yummy yummy on either Price is Up n Down …😅
Hoho since DonkeyyTinKosongLeader Kon ss leee like to talk on DCF now … let’s see the comparison by simplifying, as one of the variables factor in DCF calculation is Growth Rate :
1.) Jtiasa
CAGR : 3Y 64.8% TTM 90.5% 5Y 20.2% TTM 20.7%
Note : Hidden Risks on :
a.) FFP Production Output July to September 2024 is Reduced ( - 19.4 % vs 2019 )
b.) Replanting Cost RM 1.74 billion is Short of RM 1.2 billion over next 3 years.
c.) 10 % to 20 % Mill utilisation is from Outsourcing FFB . Starting 2025 , MPOC shl carry Spot Check on buyers’ weight machine n Report to prevent malpractices as reported by smallholders .
d.) Pulau Bruit is identified by Sarawak government suitable for Hybrid rice cultivation on February 2024 …
FY24 Own Plantation planted area >>> is reduced by 3,888 hectares or - 10.84 %
Own Plantations are 54 % in Pulau Bruit
e.) Total Assets is keep Reduced although with yearly Profit :
👉👉Is reduced by RM 427 million from 2019 to 2024 , ie : over 5 years .
👉Remarks : Total Impairment is RM 472.1 million from FY2020 to FY2024 , over 5 years .
👉 Remarks: Total Impairment is RM 687.1 million from FY2019 to FY2024 , over 6 years .😱😱😱😱
Here's a quote from 19th century American writer and humorist Mark Twain famed for his wit: "Never argue with a fool, onlookers may not be able to tell the difference".
The undispute "Pusing" king Mike/John donkey can twists and turns what ever he likes on jayatiasa but the figures and facts speak for itself.
Repost: Looking at past 3 years jayatiasa financial highlights when CPO ASP was less than RM 4,000 With current net cash position and current CPO price of above RM 4,000 should I be worried? Will collect again if price drop below 1.20
Hoho esp a Kon .. Pretending in TSH n a Promoter in Jtiasa ...
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Posted by Berlin > 5 minutes ago | Report Abuse
Here's a quote from 19th century American writer and humorist Mark Twain famed for his wit: "Never argue with a fool, onlookers may not be able to tell the difference"
Edmund Burke But why do so many bad people get away with so many crimes against their fellow citizens and, WHEN THEY BECOME LEADERS OF NATIONS, AGAINST HUMANITY? Edmund Burke provided the answer in 1795: The only thing necessary for the triumph of evil is for good men to do nothing.
Hoho especially Kon as evil …is proven in Netx on 2020 during debated against Conartist Callvin, he is blowing PPE purchases over RM 8.5 million.. I derived from the QR is RM 9.511 million.. just coincidentally Ivan9511 appeared… Callvin commander Stncws asked forumer to buy 4D .. I seldom play but luckily strike First Prize on Sunday.. as said in Netx :
Good intentions will bring Good Karma… Bad intentions will bring Bad Karma …
—- Posted by Berlin > 25 minutes ago | Report Abuse
When you take both Edmund Burke and Mark Twain together, the message is to fight evil but to ignore the fool. Sage advice from the past.
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 Calvin 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 .
FCPO 4505: Malaysian palm oil futures soared around 2% to surpass MYR 4,460 per tonne, climbing for the second session after the latest industry data showed inventories fell for the third month to 1.71 million metric tons at the end of December. Meantime, production shrank 8.3% in Dec. from Nov. to 1.49 million tons. Prices recovered further from their lowest in over 11 weeks, buoyed by optimism that demand from key buyer China would strengthen ahead of the Lunar New Year later this month. Meanwhile, trade data in key buyer China indicated exports rose for the ninth month in December, while imports unexpectedly gained, adding to bolster sentiment. However, gains were capped by lower export estimates from cargo surveyors, which reported slumps of 21.4% to 26.8% for Jan. 1–10. Caution also built ahead of India’s Dec. import data, expected later this week. Additionally, some traders anticipated sluggish overall demand in Q1 of 2025 as rival edible oils maintained a price advantage over palm oil.
Hoho TinKosong KonHuangbk blowing PMCORP with TP RM 2.00 , see its Value since November 2013 wow … must be loss naked liaw .. hibernated more than 7 years in Tikuss hole since 2014 …
Holding Long Term wow >>> 2014 to 2024 is 10 years liaw …today Price is RM 0.135 …. PMCorp Sold Assets to acquired 100 % A&W ..Latest 4 consecutive QR are in Loss ! 😱🤣..
And keep lying and twisting shamelessly on her PMCorp cost is RM 0.245
Ppl in PMCorp asked him is a F or M , he just bla bla bla want to share ❤️ wow ..🤣🤣🤣🤔
>>>
👉Posted by Huangbk72 > 2013-11-21 11:51 | Report Abuse To mikekong55 I have been a follower of your stock recommendations. You have been fairly accurate in your assessment of PMCorp movement.
👉 I am also in PMCorp as I believe in buying and holding long term. Been accumulating from .27 till .36 till .26 and today .28. Being involved in FMCG business, I understand and see the value in PMCORP.
>>>> After k awaken by Kon BobAxelrod on 2021 .. both as Pretending Negative Commentators in Serba …
Her partner Kon BobAxelrod said will not recommend best stocks wow but used many aka id to promote.. 👉 Kon Bobaxelrod
1.) Use many aka id to promote stock : Trevor777 , Trevor888 , Dr Michael
2.) Used id image to Axe Capital CEO Billionaire BobbyAxelrod and New Boss Michael .
👉👉👉 TinKosong AuntieKonHuangbk72 Twisted saying I am the One whom said will Not Promote stocks . Her Partner KonBobAxelrod is Missing in Action liaw … I am debated against KonBobAxelrod n Mabel in Serba … Huangbk defended KonbobAxerod n challenged me to see who can post continuously without stopping until 5 pm … without facts n figures… just a TinKosong Kon twisting shamelessly .
👉 His latest aka id MrHuangbk is banned permanently as used many similar id/abusive id to post abusive n unethical contents .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jjohnchew
4,078 posts
Posted by jjohnchew > 2 days ago | Report Abuse
Hoho Yinson is going to be insolvency ke …as illustrated earlier…
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Posted by Sslee > 28 minutes ago | Report Abuse
What the use of MNH Evolve Mall book value/assets rich but that asset can't generate profit/cashflow to settle bank interest and repayment of bank borrowing?