YINSON HOLDINGS BHD

KLSE (MYR): YINSON (7293)

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Last Price

2.39

Today's Change

-0.01 (0.42%)

Day's Change

2.39 - 2.40

Trading Volume

2,294,700


5 people like this.

4,212 comment(s). Last comment by Sslee 9 hours ago

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-02-28 13:10 | Report Abuse

Why buy Velesto, Armada, when there is Yinson?

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-02-28 13:12 | Report Abuse

Yinson NEVER disappoints

Posted by BursaVulture > 2023-02-28 17:12 | Report Abuse

云升.... up up and away

cbkia4896

872 posts

Posted by cbkia4896 > 2023-03-01 14:11 | Report Abuse

parking reminder

nikicheong

2,373 posts

Posted by nikicheong > 2023-03-01 15:47 | Report Abuse

Hopefully Yinson take a chill pill soon. Give Bumi Armada some chance also lah!

Bon888

3,352 posts

Posted by Bon888 > 2023-03-02 20:24 | Report Abuse

Hey Armada is coming. Check out Armada.

i3lurker

13,606 posts

Posted by i3lurker > 2023-03-02 22:48 | Report Abuse

Yinson holdings berhad poor ROE
Sent message. Yinson holdings berhad poor ROE
Searching for: Yinson holdings berhad ROE

Searching for: Yinson holdings berhad ROE

Generating answers for you…

Generating answers for you…

According to one result1, the ROE (return on equity) for Yinson Holdings Berhad is 8.3% based on the trailing twelve months to October 20221. This means that for every MYR 1 worth of shareholders’ equity, the company generated MYR 0.083 in profit. According to another result2, this ROE is lower than the industry average of 10.6% for oil and gas companies2. However, it is also higher than the cost of equity of 7.9% for Yinson Holdings Berhad2. This means that the company is creating value for its shareholders.

One possible reason for the low ROE compared to its peers is that Yinson Holdings Berhad uses a high amount of debt to increase returns. It has a debt to equity ratio of 1.50, which means that it has more debt than equity in its capital structure1. This could increase its financial risk and lower its profitability in times of economic downturn or rising interest rates.

calvintaneng

53,448 posts

Posted by calvintaneng > 2023-03-02 22:58 | Report Abuse

Posted by i3lurker > 7 minutes ago | Report Abuse

Yinson holdings berhad poor ROE
Sent message. Yinson holdings berhad poor ROE
Searching for: Yinson holdings berhad ROE

Searching for: Yinson holdings berhad ROE

Generating answers for you…


Correct

Yinson profits all depreciated by its Rusting Assets (all OGSE Assets in the sea last for 20 to 30 years and then must be scrapped

Yinson cash is Sustained by Rights Issues raising cash from shareholders

This is a house of cards

Better buy Palm oil as its ASSETS ARE LANDS

LANDS CANNOT RUST AWAY

AND PALM OIL OVERFLOWING IN CASH NOW PAY GOOD DIVIDENDS

Posted by cruger12345 > 2023-03-03 16:30 | Report Abuse

Someone is barking again . Last time nearly being cued by the CEO he was running away with tail between its leg … Tak Yakut ke … hi ki ki ….

peepduck

67 posts

Posted by peepduck > 2023-03-08 16:43 | Report Abuse

云升控股与AVEVA签署MOU 共同开发可持续和自动驾驶FPSO船

https://www.orientaldaily.com.my/news/business/2023/03/08/551516

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-09 16:08 | Report Abuse

Managed to buy back warrants sold earlier, and continue to add to mother share position, good luck

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-09 16:09 | Report Abuse

It looks like it wants to test support at 2.60 before breaking 2.700 multi-weeks resistance. Mother share still small movements, solid

i3gambler

675 posts

Posted by i3gambler > 2023-03-10 14:42 | Report Abuse

calvintaneng,

Depreciation is not a concern, as the profit is already net of depreciation.
1) Rental yield for a landed property may be is only 2%.
2) Rental yield for a condo may be higher at 4%.
3) Rental yield for a car may be higher than 20%.

Posted by Robert Waters > 2023-03-10 21:15 | Report Abuse

It has to hurt. 0.06 drop despite agogo success.

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-10 23:51 | Report Abuse

It does, emotionally. So far so good hope I’m not missing anything. To be fair relative to the broader market, it is what it is, Agogo included. Its appeal is the pristine track record

peepduck

67 posts

Posted by peepduck > 2023-03-13 15:15 | Report Abuse

Steady je...

Posted by Robert Waters > 2023-03-17 00:33 | Report Abuse

This was an excellent company 5 years ago, but now it became too expensive. No longer a story. Tough reality.
But I went through the documents online and still a buy in my eyes. Revenue is the key to value here.

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-17 14:29 | Report Abuse

Tis the premium to pay for quality, stability, management, etc...

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-17 14:50 | Report Abuse

Yinson is at a turning point as everyone can see. Question is whether everyone has the patience

Jan'23 - Anna Nery time charter has commenced at 90% pending first oil, possibly happened already pending announcement with results release

Jun'24 - Atlanta first oil

Jun'25 - Maria Quiteria first oil

Mar'26 - Agogo first oil

Fuyoh cashflow generating machine

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-17 14:53 | Report Abuse

For good karma I added some Armada yesterday...not sure what it means but since Karma so happening in Armada thread lol

peepduck

67 posts

Posted by peepduck > 2023-03-17 16:37 | Report Abuse

Steady like a rock..

7210

99 posts

Posted by 7210 > 2023-03-17 19:00 | Report Abuse

how will the US banks collapse affect Yinson?

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-20 14:42 | Report Abuse

how will the US banks collapse affect Yinson?

2 days ago

Barring a full blown crisis, net positive, fundamental wise

1. Not affected by short-term oil fluctuations. 100B order book sufficient to ride out any oil crisis in the event of prolonged downturn

2. Business model is built on debt. Bank crisis you are happier to owe money. Financial crisis Fed slash rates lower debt cost, while revenue stable/ strong counter-parties as proven over negative oil price period.

That's on the business aspect. Share price wise, whole market down it won't be up. No need ask lol

joaco54

64 posts

Posted by joaco54 > 2023-03-20 14:48 | Report Abuse

Win win for Yinson

mf

27,885 posts

Posted by mf > 2023-03-20 14:52 | Report Abuse


US 30
31,554.00 -308.0 -0.97%
US 500
3,889.00 -27.6 -0.71%

zhexiangxd

224 posts

Posted by zhexiangxd > 2023-03-20 21:34 | Report Abuse

why epf keep disposing if it is good counter?

hhhiii123

726 posts

Posted by hhhiii123 > 2023-03-20 21:55 | Report Abuse

@zhexiangxd
Yinson is a company with super high debt ratio, almost 30% PBIT is paid to finance interest, any increased in interest rate and cost will wipe out all the profit.
Better run now, oil industry looking so bad now...

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-21 14:10 | Report Abuse

@zhejiangxd

That’s really a dumb question bro lol

You should ask instead why EPF holds almost 17% or >$1B in 1 Yinson among almost a thousand Bursa counters, and 1 which has no national security significance nor bumi agenda

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-21 18:05 | Report Abuse

@zhejiangxd

2023-03-21

Insider
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,771,200 shares on 16-Mar-2023.

2023-03-21
Insider
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,938,900 shares on 16-Mar-2023.

Posted by Fabien _the efficient capital allocator > 2023-03-23 21:20 | Report Abuse

Erm...FPSO orderbook of RM97.3 billion

rl68

172 posts

Posted by rl68 > 2023-03-24 11:31 | Report Abuse

Yinson has been recognised as a ‘ESG Industry Top Rated Company’ by global ESG Risk Rating agency, Morningstar Sustainalytics. This prestigious recognition reflects Yinson’s strong performance in environmental, social and governance (ESG) aspects, as well as its commitment to sustainability.

rl68

172 posts

Posted by rl68 > 2023-03-24 15:31 | Report Abuse

FPSO : First oil
Anna Nery: April 2023
Atlanta: Jun 2024
Maria Q.: Jun 2025
Agogo: March 2026

novel23

46 posts

Posted by novel23 > 2023-03-24 17:02 | Report Abuse

last minute gap down 2.39-->2.35
hmmm...

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-24 17:17 | Report Abuse

@rl68

Maria Q.: Jun 2024 not 2025, similar timeline as Atlanta + quarter ended Jan'23 showed progress ahead of schedule

Agogo: EPCIC to be recognised from FY2Q24 (Jun-Aug'23)

Anna Nery: Secured additional US$50k/day rate

Maria Q: has same contract clause as Anna Nery, potentially will secure +US$50k/ day rate

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-24 17:18 | Report Abuse

@novel23

last Friday last inute gap down 2.48-->2.41

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-24 17:18 | Report Abuse

When it's doing everything right, and share price moves this way, it's not in a good place. What else can Yinson do? We can only wait.

novel23

46 posts

Posted by novel23 > 2023-03-24 17:44 | Report Abuse

price doesn't seem to reflect value nowadays
i sold off my load @2.66 few weeks ago and re-enter yesterday, think need to observe a few months before rise

hhhiii123

726 posts

Posted by hhhiii123 > 2023-03-24 22:06 | Report Abuse

qr with tripple profit but declare 1 sen dividend only, O&G just a cheap industry for speculation only lol

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-27 15:59 | Report Abuse

For close to 2 months it was hovering at fresh 52W high

Then all it took was 10 days to break down and today touched and bounced off 200MA

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-27 16:00 | Report Abuse

Dialog is also hovering at 200MA. Hibiscus has convincingly broke below as oil broke. And Armada is still way above

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-27 16:01 | Report Abuse

Over time however it can be seen that Yinson always retraces from highs and next round go higher. This can be easily justified because Yinson has been growing profits consistently, and now more than ever things are coming to fruition. The question is to what extent this has been priced in

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-27 16:01 | Report Abuse

Yinson itself could be rather boring. But post-rights, the warrants offer an excellent risk/reward prospect, especially for small investors like us.

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-27 16:02 | Report Abuse

Currently trading at higher premium than before. This has more to do with weak mother share price than high warrant price.

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-27 16:04 | Report Abuse

If warrants do break below 50cents, it's a great offer for risk takers. I think anything below 0.710 is quite safe, implying mother share conversion of $3.00 by Jun'25. Good odds for Yinson to have already zoomed pass $3.00 should it successfully execute its plans. This has to be one of the most fundamentally sound warrant play on Bursa right now, please correct me if you think otherwise

UncleFollower

1,150 posts

Posted by UncleFollower > 2023-03-27 16:09 | Report Abuse

The low premium appears to a mismatch to me. We have about >4x gearing on a 20% premium warrant when mother share has retraced. Yinson itself is highly geared. And then you have a warrant that offers another 4x leverage. If you buy on margin, another 2x leverage. It's quite possible to structure a highly leveraged long position on Yinson by paying a bit more now in premium and interest cost, if one is bullish on FPSOs at large

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