Posted by UncleFollower > 2022-11-11 16:39 | Report Abuse

Good video, good company



InsiderShark

https://www.youtube.com/watch?v=MCR6pVwylys

2 days ago

Posted by InsiderShark > 2022-11-11 20:47 | Report Abuse

CIMB CSG - We expect Eni to award the FPSO Agogo project to Yinson next month (December 2022), with Yinson already identified as the preferred bidder for the project offshore Angola.

Posted by Fabien _the efficient capital allocator > 2022-11-13 20:33 | Report Abuse

Agogo will be a big CATALYST.

Anyway, expect Yinson's earnings to grow 30-40% this year. Huge disconnect between earnings growth vs market cap.

Crude oil YTD up more than 30%. Yinson's share price down 15%. Their bigger peers, Modec up 17% while SBM Offshore up 10%.

Posted by rl68 > 2022-11-14 06:52 | Report Abuse

@Fabien _the efficient capital allocator,may I know where to get Crude oil YTD?

Posted by DannyArcher > 2022-11-14 09:36 | Report Abuse

Fabian, crude oil price has no direct connection to yinson profit. Listen to the interviews and quarterly briefings. Crude oil can go to USD1000 and it wont boost yinson profit.

Posted by Fabien _the efficient capital allocator > 2022-11-14 10:01 | Report Abuse

@rl68 https://www.cnbc.com/quotes/@LCO.1

Posted by rl68 > 2022-11-14 11:42 | Report Abuse

@Fabien _the efficient capital allocator,tqvm

Posted by Philip ( buy what you understand) > 2022-11-14 17:00 | Report Abuse

In a way this is true. But yinson demand for FPSO is directly related to the price of oil. when oil was low, many FPSO projects were deferred. And now when oil price is high, how many FPSO contracts did yinson win?

>>>>>>>>
DannyArcher

Fabian, crude oil price has no direct connection to yinson profit. Listen to the interviews and quarterly briefings. Crude oil can go to USD1000 and it wont boost yinson profit

Posted by DestinyL > 2022-11-14 20:57 | Report Abuse

Still directly affected, just not in the same quantum immediately, with longer lag

Posted by Fabien _the efficient capital allocator > 2022-11-14 21:39 | Report Abuse

@dannyarcher
even if we are listening to the same interview, read the same materials, i can't guarantee that you will be able to understand and discern correctly. obviously, your intellectual capacity is different from mine

https://www.youtube.com/watch?v=MCR6pVwylys&t=2439s

Posted by rl68 > 2022-11-26 17:07 | Report Abuse

Yinson recorded a significant improvement in the ESG Risk Rating by Sustainalytics, placing the Group in the top 1st percentile of both the energy services industry and the Oil and Gas Equipment subindustry as of November 2022. The Group was also ranked in the top 17th percentile in the Global Universe.

The Group marked a 4.4-point improvement to achieve an overall ESG Risk Rating of 17.4, placing the Group under the ‘Low-Risk’ category. Sustainalytics rated medium and strong for Yinson's ESG Risk Exposure and overall ESG Risk Management, respectively. The exposure score measures the extent of exposure of material ESG issues to a company and takes into consideration the subindustry and company-specific factors; whereas the management score assesses the robustness of a company's ESG programmes, practices, and policies. Sustainalytics concluded that Yinson’s overall ESG-related disclosure follows best practices, demonstrating the Group’s strong accountability to investors and the public.

Posted by UncleFollower > 2022-12-02 11:24 | Report Abuse

The long wait is over. Congratulasi

Posted by rl68 > 2022-12-02 15:05 | Report Abuse

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.

The Group achieved top recognition in the energy sector for two consecutive years, while significantly improving its overall ranking from 26th in the previous year to 13th in the list of Top 100 companies for corporate governance disclosures in 2021.

Posted by Bursascreener > 2022-12-02 15:27 | Report Abuse

Near to 52-Week high and further coming. The buy signal detect after the breakout at 2.41.
DM or follow me for more stock outlook.

Posted by James_Bond > 2022-12-06 13:00 | Report Abuse

Casino Royale fund in Yinson. Cheers!

Posted by fooming > 2022-12-14 11:55 | Report Abuse

Yinson Holdings Bhd has secured a one-month extension of its floating storage and offloading (FPSO) charter contract called FPSO Adoon for RM16.04 million.

Posted by fooming > 2022-12-14 11:56 | Report Abuse

Yinson’s indirect unit Adoon Pte Ltd entered into an agreement with Addax Petroleum Development (Nigeria) Ltd to extend the contract .

Posted by Mabel > 2022-12-14 23:18 | Report Abuse

This year is the year of the Water-Tiger. The Tiger is the third animal in the Chinese zodiac and represents power, courage, confidence, leadership and strength. The Water Tiger year is all about forming bonds with others, taking risks, and having fun. This year, we’ll all want to meet new people and have new adventures. Because Tigers have strong wills, this means parties, excitement, and rule-breaking for people in 2022.

On the flip side, financial markets will rise and fall, with Tigers being known for their dangerous moves. Those who pay attention, however, will reap the benefits, just as the animal follows its prey. This year’s energy will be released in bursts, followed by intervals of silence. The Tiger, like any other house cat, enjoys napping, and when they awaken, the fun begins again!

Many Feng Shui expert believe Year of Water Tiger 2022 will have positive prosperity affinity to Metal, wood and water element. The Wood element exactly symbolizes growth and activities. Hence economic growth will return and the stock market will become very active. The water wood element of 2022 is expected to bring prosperity to metal industries, this is because metal conquers wood, so the wood element is a symbol of money to the metal industry.

Metal are related to Financial Services and Crude oil as black metal because it extracts from the soil like any other metal, the element is Metal. We have seen crude oil stocks has perform well in 2022.

Wood are related to Plantation and Technology, Electronics, Filming, Engineering, Distribution, Hospitals, Education, Scientific Instruments ...

Water are related to Communication, Manufacturing, Medical, Media, Advertising…

Let see whether this Water Tiger can take down the Bear...

Meow Meow Meow

Posted by EVemily > 2022-12-16 11:16 | Report Abuse

Yinson GreenTech, the group is making good inroads into building a green energy ecosystem in the areas of marine, mobility and energy. Yinson had recently become the majority shareholder of Malaysia’s largest electric vehicle (EV) charging station network, ChargEV. It had launched an EV leasing business in Singapore and invested in e-bikes through Oyika.

Posted by rl68 > 2022-12-19 06:28 | Report Abuse

https://brazilenergyinsight.com/2022/12/16/westwood-highest-fps-throughput-capacity-since-2010-greenlighted-in-2022/#more-51109

Posted by fooming > 2022-12-20 11:48 | Report Abuse

Yinson Holdings Bhd has secured a contract extension worth RM15.03 million for the charter of its Adoon floating production storage and offloading, stationed at the Antan field off Nigeria. Yinsoon through its indirect unit, Adoon Pte Ltd and Addax Petroleum Development (Nigeria) Ltd, entered into an agreement on Dec 16 to extend the contract until Jan 16, 2023.

Posted by Brutus > 2022-12-22 19:40 | Report Abuse

Nice solid QR results! Highest PAT. This FY only needs 3Q to earn slightly higher PAT than the whole of last FY! Excellent! Waiting for new QR yummy dividends!

Posted by BursaVulture > 2022-12-22 19:45 | Report Abuse

FPSO Anna Nery (Marlim, Campos Basin) is expected to achieve first oil by 1Q2023 CY, 25-year charter to Petrobras.

Posted by hhhiii123 > 2022-12-22 20:19 | Report Abuse

EPF start dispose Yinson share, don't expect Yinson can break the resistant

Posted by flytothemoon > 2022-12-23 10:46 | Report Abuse

looks like Profit and revenue increased, but actually heavy diluted and the EPS dropped by half

Posted by BursaVulture > 2023-01-11 13:50 | Report Abuse

FPSO Anna Nery (Marlim, Campos Basin) is expected to achieve first oil by 1Q2023 CY, 25-year charter to Petrobras.

Posted by Permutation > 2023-01-12 13:46 | Report Abuse

Looks like Yinson is holding well now. UOB TP RM4.45 and AM invest TP RM3.89. FBSO Agogo could be the positive catalist. Yinson WA looks attractive?,

Posted by BursaVulture > 2023-01-12 21:01 | Report Abuse

Can you share UOB report? Thanks

Posted by UncleFollower > 2023-01-13 15:52 | Report Abuse

Correction, more like 16B USD, not 6

Posted by Fabien _the efficient capital allocator > 2023-01-25 18:08 | Report Abuse

Approaching RM10bil market cap soon

Posted by BursaVulture > 2023-01-26 19:46 | Report Abuse

UncleFollower, where you get the info it can be 16B USD? Sounds absurd. 16B USD is RM64B, almost as big as CIMB or PBB, which is crazy. Unless for some reason Yinson can win 1 big FPSO every year for the next 10 years, and eventually have a profit of RM1B per quarter and positive cash flow. Until then, kind of hard to image Yinson is a RM64B market cap company.

Posted by UncleFollower > 2023-01-26 21:09 | Report Abuse

To clarify, that was my reply to a message since deleted whcih suggested order book is close to 6B. Yinson has US16B order book wasn’t referring to market cap. Agree with the comment above, 10B not a problem. Market holding it back now in case of any negative surprise from Agogo

Posted by VincentTang > 2023-02-06 22:41 | Report Abuse

Brent oil price big drop

Posted by mf > 2023-02-08 11:10 | Report Abuse

2023-02-07

Insider

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 142,900 shares on 03-Feb-2023.

Posted by UncleFollower > 2023-02-08 20:12 | Report Abuse

For all practical purposes you can disregard KWAP's move. If you want to, you can watch EPF (internal fund management). EPF has been a strong supporter of Yinson from the very beginning and they are in it for the long term. EPF's external fund managers on the other hand may buy/ sell depending on market sentiment

Posted by nikicheong > 2023-02-10 11:28 | Report Abuse

Surprisingly not much news on this here, and no announcement on Bursa about this either.

-----------------------------

Yinson through its offshore production business unit, Yinson Production ("YP") has acquired 100% of the issued capital of London Marine Group Limited (LMG), the sole owner of London Marine Consultants ("LMC").

LMC, one of the few companies to have designed and provided production turret mooring and swivel systems , was appointed to work on the mooring system and turret mooring, respectively for FPSO (“Floating Production Storage and Offloading”) Atlanta and FPSO Helang. Additionally, they have provided engineering services related to mooring and risers for our spread moored unit, FPSO Anna Nery.

Established in 1990, LMC ranks among the top five global providers in the design and provision of turret mooring systems for offshore production vessels such as FPSOs, FSRUs (“Floating Storage and Regasification Unit”), FLNGs (“Floating Liquefied Natural Gas”) and FSOs (“Floating Storage and Offloading” More recently, this expertise has been used to provide similar expertise to the Floating Wind, Tidal and Wave Energy Sectors.

As a result of the extensive experience and expertise developed in the mooring industry, LMC can also offer its clients wide-ranging engineering consultancy services.

Chief Executive Officer of YP Flemming Grønnegaard commented on the acquisition, “LMC brings a wealth of knowledge and expertise that will greatly benefit our offshore production business unit. Having them onboard will enhance our in-house mooring and swivel capabilities and reinforce our leadership in the FPSO industry.”

Managing Director of LMC Jon Dunstan commented: “The acquisition marks a new beginning for LMC, allowing us to expand our operations and services, and solidify our market presence. We look forward to contributing our industry knowledge while continuing to provide high-quality services to our current and future customers.”

Posted by nikicheong > 2023-02-10 11:30 | Report Abuse

The acquisition should have a positive impact moving forward, as for FPSOs with turrets designed in house, Yinson will experience better margins. And if they continue to do turret designs for third-party FPSOs, then it will contribute to both the topline/bottomline.

Yinson is moving up the value chain with this acquisition.

Posted by UncleFollower > 2023-02-10 14:16 | Report Abuse

You very hardworking checking their media release everyday ya good on you

Posted by UncleFollower > 2023-02-10 14:16 | Report Abuse

so which do you have more exposure, Yinson or Armada

Posted by BursaVulture > 2023-02-10 14:19 | Report Abuse

nikicheong

I think they are gunning for their wind energy side, not so much on the turret.

Posted by UncleFollower > 2023-02-16 14:22 | Report Abuse

2.5 trading days to completion date of US$200M prelim contract

Posted by UncleFollower > 2023-02-20 12:53 | Report Abuse

On 17 February 2023, ENI Angola S.P.A. has entered into an agreement with YAPPL to further extend the tenure of the APA from 20 February 2023 to 28 February 2023 (“APA Extension”). Save for the extension of the tenure and the estimated aggregate value, the terms under the APA remain unchanged and applicable to this APA Extension.

Posted by UncleFollower > 2023-02-20 12:53 | Report Abuse

The estimated aggregate value of the APA is approximately USD 310 million (equivalent to approximately RM1,374 million), subject to the terms and condition of the APA.

Posted by UncleFollower > 2023-02-20 12:54 | Report Abuse

On 5th December

A summary of the salient terms of the APA is as follows:
a) The tenure of the APA is for a period of 60 days or approximately two (2) months from the Effective Date of the APA.
b) The estimated aggregate value of the APA is approximately USD218 million (equivalent to approximately RM956 million), subject to the terms and condition of the APA.

Posted by UncleFollower > 2023-02-20 12:56 | Report Abuse

Extended by another 8 days

But, what kind of Msia company does a RM 1.374B contract in a matter of 3 months?

WOW

Posted by UncleFollower > 2023-02-20 12:57 | Report Abuse

This strongly suggests a larger upfront payment than analysts expect.

Posted by rl68 > 2023-02-20 13:30 | Report Abuse

Yinson GreenTech invests in Zeabuz for Maritime Autonomous Solutions

Posted Date: 20 Feb, 2023

Yinson GreenTech (“YGT”) has announced its strategic investment in Zeabuz, a Norwegian startup specialising in autonomous solutions for the maritime industry.

The investment provides the foundation for YGT to work closely with Zeabuz in the development of autonomous solutions for YGT’s future fleet of electric vessels.

Posted by rl68 > 2023-02-20 21:22 | Report Abuse

https://renewablesnow.com/news/verano-energy-working-through-permits-for-100-mw-of-solar-in-peru-814826/

Posted by Permutation > 2023-02-24 17:33 | Report Abuse

MBB research raised TP again ??

Posted by UncleFollower > 2023-02-28 13:09 | Report Abuse

Yinson is pleased to announce that, on 27 February 2023, Yinson Azalea Production Pte Ltd and Yinson Azalea Operações Angola - Prestação de Serviços, (SU), LDA, each an indirect wholly owned subsidiary of Yinson, have entered into the Contract with Eni for the provision of a floating, production, storage and offloading vessel to be deployed for the Agogo Integrated West Hub Development Project, located in the West Hub part of Block 15/06 in Angola (“Agogo FPSO”) to process hydrocarbons; and provision of operation and maintenance services for the Agogo FPSO respectively.

Pursuant to the Contract, the term of the charter is for a fixed period of 5,479 days or approximately 15 years, with the option to extend the term of the charter for up to five (5) years thereafter. The estimated aggregate value of the Contract is approximately USD5.3 billion or equivalent of RM23.6 billion (inclusive of an optional 5 years extension period).