Posted by mf > 2020-10-20 05:19 | Report Abuse

Globally, as of 2:01pm CEST, 19 October 2020, there have been 39,944,882 confirmed cases of COVID-19, including 1,111,998 deaths, reported to WHO.

Posted by Jobless > 2020-10-20 07:42 | Report Abuse

Promoters EPF/KWAP employee? Any more job vacancy?

Posted by Louise4 > 2020-10-20 09:26 | Report Abuse

Dont buy all. Leave some for me to buy.

Posted by awieze > 2020-10-20 11:28 | Report Abuse

emmmmm

Posted by awieze > 2020-10-20 11:32 | Report Abuse

ku sangkakan panas sampai ke petang, rupanya hujan ditengah hari

Posted by Alfonso > 2020-10-20 11:34 | Report Abuse

Adui, hujan lebat coming soon ni

Posted by WitNess > 2020-10-20 11:37 | Report Abuse

Good timing to grab some.

Posted by awieze > 2020-10-20 11:41 | Report Abuse

pecah 5.00, ingat terus pecut

Posted by jjgoh0608 > 2020-10-20 11:42 | Report Abuse

Maybank IB Research upgrades Yinson to 'buy' on improving prospects

By Tan Siew Mung | theedgemarkets.com | 2020-10-20 11:17:23
KUALA LUMPUR (Oct 20): Maybank IB Research has upgraded Yinson Holdings Bhd to "buy" from "hold", with an unchanged target price (TP) of RM5.45, as it sees the oil and gas (O&G) stock's value emerge on improved prospects.

Maybank IB Research analyst Liaw Thong Jung said in a note today Yinson’s 14% fall yesterday had priced in the Parque das Baleias (PDB) floating production storage and offloading (FPSO) loss scenario and turned Yinson attractive now.

Liaw also believes Yinson has the advantage over peers for a PDB rebid in terms of knowledge of the project (with a short deadline) and the capacity to take on new jobs.

“Assuming it fails to land PDB, tender visibility remains decent for 2021 for Yinson will participate in Enauta’s Atlanta and Petronas’ (Petroliam Nasional Bhd) Limbayong projects,” said Liaw.

According to Liaw, apart from PDB, Yinson has also indicated interest to participate in two tenders (Petronas’ Limbayong and Enauta’s Atlanta), which will be rolled out in 2021.

Capacity-wise, Liaw said, Yinson can only take on the PDB or Atlanta job (relatively similar in size) and the smaller Limbayong project without running into systemic risk.

“For that, Yinson will likely dispose of one of the two very large crude carriers (VLCCs) [currently on spot and six-month charter], provided that the price is right. Recall that these VLCCs were acquired for the Pecan and PDB jobs,” said Liaw.

Liaw also noted that Yinson had dropped the RM500 million to RM700 million rights issue plan for now until it gets clarity over the PDB, Limbayong and Atlanta tenders.

“Should it fail to land any of the above, Yinson will likely declare higher dividends, while at the same time aim to remain syariah-compliant and refocus its resources to accelerate growth in the renewable energy space, which carries much long-term potential in an energy transition period,” said Liaw.

Yinson's share price rose six sen or 1.24% to RM4.88 in early trade today, valuing the company at RM5.13 billion.

Posted by awieze > 2020-10-20 12:20 | Report Abuse

omg

Posted by davors > 2020-10-20 16:10 | Report Abuse

will fall to 4.50 first

Posted by investmalysia > 2020-10-20 16:47 | Report Abuse

Bought some test test water

Posted by Fabien "The Efficient Capital Allocater" > 2020-10-20 20:06 | Report Abuse

Bought Yinson 4.76

Believe in the management that they will come back up from this setback.

Posted by RainT > 2020-10-21 15:56 | Report Abuse

Buy or wait drop more ?

Posted by Sohai Trader > 2020-10-21 22:26 | Report Abuse

buy and hold, patience....

Posted by gemfinder > 2020-10-21 22:48 | Report Abuse

3.50 i buy

Posted by Lioncity > 2020-10-22 10:32 | Report Abuse

Collecting at 4.70

Posted by RoyalExpert > 2020-10-22 15:34 | Report Abuse

Just bought below 4.70, still collecting. Glad to buy lower than the company collection price. Ini kalilah!

Posted by Keyman188 > 2020-10-22 15:36 | Report Abuse

Still too early....

Not hurry to move in energy sector...

Posted by Keyman188 > 2020-10-22 15:36 | Report Abuse

Still too early....

Not hurry to move in energy sector...

Posted by Henry8833 > 2020-10-22 16:14 | Report Abuse

I bought some today and hold for recovering. Still dropping bit by bit every day. Will buy when RM 4.5 for my next batch if can get.

Posted by Henry8833 > 2020-10-22 16:18 | Report Abuse

Yes. For energy sector, maybe have to wait.

Posted by Killsthebear > 2020-10-24 15:27 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/24/oil-falls-about-2-on-libyan-output-covid-19-demand-concerns

https://www.reuters.com/article/global-oil-int/oil-falls-as-demand-concerns-overshadow-possible-opec-cut-extension-idUSKBN278045

Posted by Myeye > 2020-10-27 09:46 | Report Abuse

~.~

Posted by Promaster > 2020-10-30 13:31 | Report Abuse

https://www.theedgemarkets.com/article/yinsons-fpso-abigailjoseph-achieves-first-oil

Posted by andr > 2020-10-30 14:03 | Report Abuse

good news
https://themalaysianreserve.com/2020/10/30/yinsons-fpso-abigail-joseph-achieves-first-oil/

Posted by Lioncity > 2020-10-30 19:10 | Report Abuse

Price stabilising at 4.5x, good time to collect.

Posted by RainT > 2020-10-31 18:38 | Report Abuse

this one ca buy ?

Posted by RoyalExpert > 2020-11-04 15:56 | Report Abuse

Just bought today, this company sure UP one. Now sit down and wait for Musang King jatuh! Ini kalilah!

Posted by investmalysia > 2020-11-05 11:45 | Report Abuse

Smart move

Posted by Lioncity > 2020-11-06 10:17 | Report Abuse

Go yinson go !

Posted by tamp0i > 2020-11-10 09:54 | Report Abuse

Yahoo. Go go Yinson

Posted by Eric963708 > 2020-11-10 09:58 | Report Abuse

any news?

Posted by Hunter70 > 2020-11-10 11:30 | Report Abuse

good day. off loaded a few HK & Malaysia stocks to take profit. Thanks to Biden

Posted by Mabel > 2020-11-10 12:51 | Report Abuse

There is one thing that we can learn from history: we should always be calm, disciplined, collected, and most importantly, buying the dips.

Meow

Posted by Mabel > 2020-11-10 13:03 | Report Abuse

Today all Mabel Energy 11 Battleships has started moving. Earlier Mabel Energy Yinson Holdings Bhd’s net profit in the second quarter (Q2) ended July 31, 2020 rose 144 per cent to RM100.36 million from RM41.14 million in the same quarter last year. Earlier her elder Sister Mabel Energy Bumi Armada recorded another stellar 155 per cents rose in profits to RM 114 million from previous quarter. When combine, it creates the World Biggest FPSO. All these two FPSO operator has operating presence in Asia, Africa and Europe. FPSOs contracts are bankable, providing steady visibility (long-term charters, termination protection) with reasonable project IRRs. FPSOs tender pipeline are strong and steady. Currently, Armada and Yinson is ranked in P2 in Mabel Energy collection Fossil Fuel Battleships.

Looking forward for an exciting Q3 Results for these Super Tankers...

Meow Meow Meow

Posted by tamp0i > 2020-11-10 13:42 | Report Abuse

Thanks Mabel for the insights. Meow. Buy the dip...

Posted by investmalysia > 2020-11-10 14:25 | Report Abuse

4.5 is the bottom. Go all the way up to RM6

Posted by Lioncity > 2020-11-10 17:01 | Report Abuse

Yup no more 4.5x, back to 7 go go go!

Posted by DannyArcher > 2020-11-12 22:41 | Report Abuse

@Lioncity

Not possible RM7 unless they secure a new contract. RM5+ is reasonable. But new contract will come eventually, just have to wait.

Posted by flyingtomoon2020 > 2020-11-12 22:43 | Report Abuse

Yinson gogogo

Posted by flyingtomoon2020 > 2020-11-12 22:44 |

Post removed.Why?

Posted by Myeye > 2020-11-17 10:03 | Report Abuse

~.~ Steady

Posted by Lioncity > 2020-11-17 13:50 | Report Abuse

Yeah good thing worth waiting. Yonson crossed 5.00 convincingly after a few trying.

Posted by Fabien "The Efficient Capital Allocater" > 2020-11-17 19:55 | Report Abuse

Fiscal stimulus, whatever x trillion it may be, will be the next catalyst to boost oil demand and the expected recovery to pre-pandemic level

Yinson is a good bet for such eventuality

Posted by Eurus1973 > 2020-11-18 20:04 | Report Abuse

Ready ... flying soon

Posted by Myeye > 2020-11-20 15:09 | Report Abuse

~.~

Posted by Myeye > 2020-11-24 15:15 | Report Abuse

~.~ Steady ~.~

Posted by Vanbasten > 2020-11-27 22:13 | Report Abuse

Cw are a screaming buy

Posted by Allbullbutglove > 2020-11-29 00:12 | Report Abuse

RM 7 in dec or Jan 21