YINSON HOLDINGS BHD

KLSE (MYR): YINSON (7293)

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Last Price

2.59

Today's Change

-0.01 (0.38%)

Day's Change

2.59 - 2.62

Trading Volume

1,901,300


5 people like this.

5,157 comment(s). Last comment by CKLCAT 6 days ago

Sslee

7,017 posts

Posted by Sslee > 2024-05-19 09:45 | Report Abuse

By 2025 should be able to see the profit contribute by FPSO Atlanta and FPSO Maria Quitéria.

I already book my front row seat with popcorn and cola to watch the firework show.

Vdhawan

263 posts

Posted by Vdhawan > 2024-05-20 12:03 | Report Abuse

We will see Yinson at Rm4 then 😀

8dragon

2,243 posts

Posted by 8dragon > 2024-05-21 07:59 | Report Abuse

Stay sidelined cuz co incurred very high operation debt...

Posted by EngineeringProfit > 2024-05-21 08:43 | Report Abuse

I'll back soon...

Vdhawan

263 posts

Posted by Vdhawan > 2024-05-23 16:49 | Report Abuse

No problem, 8dragon as long as Yinson's debt is good for their business

raymondroy

865 posts

Posted by raymondroy > 2024-05-23 17:15 | Report Abuse

Yinson boss bought icon offshore, and latter posted a qtrly loss after tax of RM25.6m compared to loss of RM4.2m in corresponding qtr last year, with vessel utilisation rate of 50% compared to 71% last period, quite disappointing :-(

8dragon

2,243 posts

Posted by 8dragon > 2024-05-24 08:06 | Report Abuse

Will fall below 2.20 in near term...

Sslee

7,017 posts

Posted by Sslee > 2024-05-24 08:30 | Report Abuse

Thanks will wait below 2.20 to top up again.

Bullrun18

412 posts

Posted by Bullrun18 > 2024-05-24 11:04 | Report Abuse

Yinson GreenTech presents its bold vision to positively charge the sustainability ecosystem at the Malaysia Autoshow 2024

Posted Date: 21 May, 2024

Yinson GreenTech (“YGT”), the green technologies arm of Yinson Holdings Berhad, presents its ambitions to positively charge the sustainability ecosystem in the region with electrification solutions across land, sea, and digital EV ecosystems at the Malaysia Autoshow held at MAEPS Serdang from 22 to 26 May 2024.

To support Malaysia’s aim to reduce carbon intensity against GDP by 45% by 2030 (compared to 2005 levels)1, YGT’s businesses have been strategically developed to provide targeted solutions that reduce the carbon footprint across various industries within the transportation and logistics sectors, where both are the main contributors to the country’s emissions.

“To meet the ambitious net zero goals of tomorrow, we have to start today,” said Mr Srinivas Tati, Senior Vice President of Business Development at YGT. “Whether you run a multinational corporation, a small business or just need a better way to get around, YGT hopes to empower everyone to make conscious choices to reduce the impact of our activities on the environment – that is why we have set our sights on supporting the entire transportation and logistics ecosystems through our five dedicated businesses, rather than focusing on a single area.”

For the first time under the YGT umbrella, its five businesses, drivEV, chargEV, rydeEV, digitalEV, and marinEV, will exhibit together at the event under the theme “Positively Charged — Energising the Electric Transition,” where they will present their latest technologies and innovations for both consumers and businesses.

For Malaysian Consumers
Malaysian consumers can look forward to the following experiences with YGT throughout the exhibition period:

Enjoy free autonomous electric shuttle bus service

Ride autonomous shuttle bus services operated by eMooVit, a majority-owned company by YGT, from selected car parks to the main exhibition venue.
Experience YGT’s integrated ecosystem at Booth 14, Hall A

Learn more of the current Electric Motorcycle Use Promotion Scheme offered by the government and enjoy up to RM2,400 in rebates when you adopt or switch to electric motorcycles from rydeEV.2
Share feedback about your experiences, preferences, and suggestions to help shape Electric Vehicle (EV) charging experiences, and receive RM20 in charging credits from chargeEV, Malaysia’s pioneer in EV charging network.
Get up close and personal with the extensive scale of YGT’s electrification solutions as a driver of sustainability behind the scenes and on the ground: From marinEV’s electric crew transfer and light cargo vessel prototypes, the range of electric vehicles available for leasing by drivEV, latest ‘Kempower’, ‘Alpitronic’ and ‘Autel’ EV chargers by chargEV, to micro-mobility solutions such as battery swapping cabinets and electric bikes by rydeEV, just to name some.
Test ride to enjoy all the benefits an e-bike offers

Try out the HYPER and RYDER e-bikes from rydeEV, which are powered by swappable batteries from battery swapping stations.

For International and Local Business Visitors
During the second day of the Malaysia Autoshow, YGT, together with Malaysia Autoshow organiser Malaysia Automotive, Robotics and IoT Institute (MARii), will recognise notable companies that have made an effort to build a more sustainable Malaysia. YGT would like to express its heartfelt gratitude to companies that have shown commitment to sustainability and have taken the first step in championing green initiatives.

Regional and local business visitors to the Malaysia Autoshow 2024 will be among the first to hear about YGT’s latest product lines and partnerships, which will be announced throughout the event. At the booth, they will also have the opportunity to meet and network with YGT’s passionate team, including leaders and representatives from all its business units, to explore collaboration opportunities in implementing sustainability initiatives within their organisations.

From bringing in light electric vehicles like electric scooters and three-wheeler cargo carriers that zip effortlessly around the city, providing seamless vehicle leasing and charging solutions to meet the demands of the growing EV market, to launching impressive electric vessels that glide over the open oceans, YGT is proud to have made significant strides in enabling practical adoption of electrification solutions in Southeast Asia. At the Malaysia Autoshow 2024 and beyond, it looks forward to sharing its journey while inviting like-minded individuals and partners to join the electrifying ride towards a more sustainable world.

References
1https://climatepromise.undp.org/what-we-do/where-we-work/malaysia
2https://insentif.marii.my/mariicas

Bullrun18

412 posts

Posted by Bullrun18 > 2024-05-24 11:05 | Report Abuse

Yinson GreenTech's drivEV adds four new exciting additions to its EV leasing lineup

Posted Date: 23 May, 2024

drivEV, a business of Yinson GreenTech (YGT) for Electric Vehicle (EV) leasing, today announced four new additions to its leasing lineup for the Malaysian market to cater for the growing acceptance and demand for EVs from consumers and businesses.

Through strategic partnerships with automobile distributors, customers looking to lease an EV from drivEV will now have more options than ever, with the following new additions:

GAC AION Y Plus, a compact SUV passenger car from Warisan TC Holdings Berhad. Its entrance to the Malaysian market has been highly anticipated, and drivEV’s leasing solutions will enable customers to be among the first to experience the newly launched model.
Maxus eDeliver 7 and Maxus eDeliver 3, fully-electric panel vans, and the Maxus T90EV pickup truck from Weststar Maxus. Notably, the Maxus T90EV will be the first fully electric pickup truck available in Malaysia.
"The EV market in Malaysia offers a dynamic landscape with various new entrants catering for diverse consumer demands," said Kelvin Soon, Managing Director of drivEV. "As businesses navigate technological shifts, apprehension is common. By utilising drivEV's leasing solutions, we ensure peace of mind for our partners, enabling them to focus on core objectives such as business expansion or daily operations without worry."

All drivEV customers will enjoy extensive leasing benefits, including those leasing the GAC AION Y Plus and Weststar Maxus commercial vehicles, with additional benefits exclusive to fleet customers. These include:

drivEV’s Comprehensive EV Leasing Programme
Leasing from drivEV will enhance cost predictability through a monthly flat fee that covers all ownership expenses, including road tax, insurance, maintenance, and EV charging credits from chargEV. Additionally, drivEV ensures uninterrupted service by providing replacement vehicles during routine maintenance or repairs. At the end of the lease term, customers can seamlessly transition to a different EV, alleviating concerns about asset depreciation or battery performance.

New Smart eFleet System for Fleet Customers
To further elevate the experience for fleet customers, drivEV will offer an innovative Smart eFleet system, which includes digital keys for seamless access management and vehicle telematics. This cutting-edge solution will feature a user-friendly dashboard for fleet management that provides businesses with valuable insights into real-time vehicle location, driving behaviours, charging information, utilisation data, and carbon reporting.

The GAC AION Y Plus and Maxus eDeliver 7 will be displayed at the YGT booth in Hall A, Booth 14, throughout the exhibition week. drivEV representatives will also be present to attend to queries. Interested customers can also visit drivev-ygt.com to discover drivEV’s full product lineup or email them at drivev@yinson.com to learn more about its leasing programmes.

Genovese

201 posts

Posted by Genovese > 2024-05-31 18:14 | Report Abuse

Yinson hit 52 weeks low while the other oil and gas counters celebrating multiple years high recently.

KWAP disposing Yinson stock while KWSP accumulating it.

No Date of change
No of securities
Type of Transaction Nature of Interest
1 30 May 2024
163,000
Disposed Indirect Interest
Name of registered holder Kumpulan Wang Persaraan (Diperbadankan)'s Fund Managers

No Date of change
No of securities
Type of Transaction Nature of Interest
1 28 May 2024
240,000
Disposed Indirect Interest
Name of registered holder Kumpulan Wang Persaraan (Diperbadankan)'s Fund Managers

Mabel

24,443 posts

Posted by Mabel > 2024-06-01 20:19 | Report Abuse

Our Yinson seems to be sleeping like a baby..

8dragon

2,243 posts

Posted by 8dragon > 2024-06-02 18:35 | Report Abuse

Let set the alarm clock at 2.20 to wake him up....

Mabel

24,443 posts

Posted by Mabel > 2024-06-04 12:04 | Report Abuse

Tiger Bank gives a TP of RM 4.78...

https://mkefactsettd.maybank-ke.com/PDFS/385092.pdf

Meow

Mabel

24,443 posts

Posted by Mabel > 2024-06-04 12:05 | Report Abuse

...and our baby still sleeping...

Hello Ying...

Where are you?

novel23

47 posts

Posted by novel23 > 2024-06-04 16:52 | Report Abuse

TP long long time d, but never reflected on price.

Vdhawan

263 posts

Posted by Vdhawan > 2024-06-04 18:47 | Report Abuse

Great, 2023 annual report is out. Time to baca 😁

8dragon

2,243 posts

Posted by 8dragon > 2024-06-06 09:27 | Report Abuse

Serbadk multi billions projects eventually delisted... Shall this counter be another Serbadk..

Mabel

24,443 posts

Posted by Mabel > 2024-06-06 16:26 | Report Abuse

SD went downhill due to False accounting . Nothing much we can do when honesty is compromised.

Yinson is more transparent..

Meow

Posted by Robert Waters > 2024-06-06 16:47 | Report Abuse

This ship will not fly. It is too heavy. Burdened with debts. Any damage and will take in water.

8dragon

2,243 posts

Posted by 8dragon > 2024-06-06 16:53 | Report Abuse

When a ship is overloaded, it'll sink in a rough sea...

Bullrun18

412 posts

Posted by Bullrun18 > 2024-06-06 18:52 | Report Abuse

Added some more at price 2.30 ...

skyjy100

79 posts

Posted by skyjy100 > 2024-06-07 09:46 | Report Abuse

Good price to top up more

Mabel

24,443 posts

Posted by Mabel > 2024-06-07 23:17 | Report Abuse

Thanks for sharing..

Vdhawan

263 posts

Posted by Vdhawan > 2024-06-10 10:50 | Report Abuse

Yinson Holdings Berhad (KLSE:YINSON) commences share repurchases on June 6, 2024, under the program mandated by the shareholders in the Annual General Meeting held on July 13, 2023. As per the mandate, the company is authorized to repurchase its own shares, such that the company's holding in treasury does not exceed 10% of its issued share capital at any point of time. The maximum fund to be allocated by the company for the purpose of purchasing the shares shall not exceed the aggregate of the retained profits.

Bullrun18

412 posts

Posted by Bullrun18 > 2024-06-10 19:25 | Report Abuse

Yinson signs MoU with Malaysia Forest Fund to explore Nature-based Solutions Projects

Posted Date: 10 Jun, 2024

Yinson signed a Memorandum of Understanding (“MoU”) with Malaysia Forest Fund (“MFF”), an agency under the Ministry of Natural Resources and Environmental Sustainability, to explore the development of Nature-based Solutions (“NbS”) projects in Malaysia.

Under the MoU, both parties aim to establish connections and collaborations between landowners, NbS developers, and investors. Yinson and MFF will also be working closely to scale up NbS projects that promote sustainable economic development and land management in Malaysia, encompassing the conservation and management of tropical lands and biodiversity, environmental offsets, and social development initiatives.

NbS involve activities related to the conservation and restoration of natural ecosystems to mitigate greenhouse gas emissions, such as restoring native forests to function as carbon sinks, adopting climate-smart agricultural practices to increase carbon retention in fields, and reducing deforestation by offering incentives to farmers to protect forested areas. According to the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), NbS can contribute up to 37% of the emission reductions required by 2030 to meet the targets of the Paris Agreement. These approaches offer immediate, scalable, and cost-effective methods for reducing net emissions while providing positive societal impacts such as economic growth and jobs, better accessibility to food and water security, disaster resilience and enhanced well-being and biodiversity.

Lim Chern Yuan, Yinson Group Chief Executive Officer commented, “As a leader in the sustainability space, we are passionate about working with likeminded partners to unlock opportunities in the Malaysian NbS market. We want to create sustainable business value while safeguarding and rejuvenating our natural environment. Our collaboration with MFF paves the way for innovative NbS that not only contribute to the reduction of greenhouse gas emissions but also foster economic growth and social development.”

Datuk Hj Jeffri bin Abd Rasid, MFF Chief Executive Officer expressed, "We are thrilled to work together with Yinson to facilitate and explore NbS projects here in Malaysia. MFF has been working diligently to enhance private sector involvement in sustainable forest initiatives and this collaboration marks a significant milestone for this effort. This auspicious MoU also coincides with the recent launch of our Forest Conservation Certificate (“FCC”), developed to incentivise private sector entities that contribute to forest initiatives. Yinson will be among the pioneer companies to realise this aspiration of Public-Private Partnership and work with us to showcase a successful collaboration model. Together, we can work towards the protection, conservation, and sustainable management of Malaysian forests, bringing hope for a future where our natural ecosystems are preserved and enhanced for future generations."

raymondroy

865 posts

Posted by raymondroy > 2024-06-11 03:55 | Report Abuse

share buyback only "capitalises" the benefit for future shareholders or those who are still holding on in future..... how about using that money to pay dividend to current shareholders.... NOW? Hmmmm...... worth a thot

Sslee

7,017 posts

Posted by Sslee > 2024-06-14 14:37 | Report Abuse

Yinson should not do SBB to support price.
Yinson should let the price drop further so that others can collect cheaply.

Bullrun18

412 posts

Posted by Bullrun18 > 2024-06-14 20:24 | Report Abuse

Warrant move up faster than mother share ….

Mabel

24,443 posts

Posted by Mabel > 2024-06-15 00:51 | Report Abuse

Compare to YTLPOWER, Yinson is like a turtle..

YTLPOWER so power..

Vdhawan

263 posts

Posted by Vdhawan > 2024-06-18 11:29 | Report Abuse

Stock buyback activity begins 🤗

Posted by AlanKulai2015 > 2024-06-18 12:28 | Report Abuse

Please take note that major shareholder is accumulating Yinson-WA, it seems that they are doing something secretly.

Mabel

24,443 posts

Posted by Mabel > 2024-06-18 14:09 | Report Abuse

Thanks for sharing...

Meow

Posted by AlanKulai2015 > 2024-06-18 14:21 | Report Abuse

Please do not simply sell off the Yinson-WA, or you may fight with the major shareholder to buy in and make s trike also.

Mabel

24,443 posts

Posted by Mabel > 2024-06-20 00:08 | Report Abuse

Still holding both Warrant and Mother share..

kai8994

406 posts

Posted by kai8994 > 2024-06-20 10:35 | Report Abuse

https://yinson.irplc.com/medianews.htm?filepath=YINSON/2024.06.19%20Yinson%20Q1%27FY2025%20Press%20Release_FINAL.pdf

"Yinson Production achieved some significant milestones. FPSO Atlanta arrived safely at the Atlanta Field
on 11 May and mooring campaign is well underway. FPSO Maria Quitéria completed its project
construction phase, marked by its sail away to Brazil on 7 May and is now on the way to the Jubarte Field
in Brazil after a short stopover in Singapore earlier this month. Both projects are on track to achieve first
oil by the end of the year. First oil will also mark the commencement of both projects’ firm charter period,
which will significantly boost profits and cash, enabling us to reward our shareholders and continue
growing our FPSO business in line with the strong market opportunities available."

Yinson has confirmed the other two FPSOs are on its way to achieve first oil by end of the year. With them setting the floor price at RM2.33 with massive SBB, could be a good opportunity to invest now.

Bullrun18

412 posts

Posted by Bullrun18 > 2024-06-20 11:16 | Report Abuse

Yinson Production’s maiden listing on the London Stock Exchange with its bond issue for FPSO Anna Nery

Posted Date: 18 Jun, 2024
Yinson Production reached a new milestone with its maiden listing on the International Securities Market of the London Stock Exchange with its USD 1.035 billion senior secured project bond for FPSO Anna Nery.

The occasion was commemorated with a bell-ringing ceremony attended by Yinson Production’s Chief Executive Officer Flemming Grønnegaard, Chief Operating Officer Jahn Atle Høgberg, and Chief Financial Officer Markus Wenker. They were joined by representatives from project partner Sumitomo Corporation, investment banks, and law firms to celebrate the occasion at the London Stock Exchange.

This landmark issue demonstrates the strength of FPSO Anna Nery as an underlying asset and the confidence of capital markets in Yinson Production's capabilities as a best-in-class independent owner and operator of FPSOs.
The refinancing of FPSO Anna Nery marks another step in diversifying the company's funding base and optimising its capital structure to support further growth and drive long-term value.

The bond issue offers investors upside potential through its uncapped investment-grade structure, while the strong credit fundamentals of FPSO Anna Nery provide downside protection.

With this listing, Yinson Production opens the door to more potential transactions in the international capital markets, which places us in a strong position to develop new projects and expand our pipeline. We extend our gratitude to all who have contributed to making this historic event a success.

Posted by Robert Waters > 2024-06-20 21:50 | Report Abuse

This result is nothing short of concerning in my eyes. It is revenues that make future profits and projects.
__________________________
First quarter 2025 results:
EPS: RM0.056.
Revenue: RM2.21b (down 27% from 1Q 2024).

Vdhawan

263 posts

Posted by Vdhawan > 2024-06-21 15:23 | Report Abuse

Yinson eyes multiple FPSO projects worth RM61bil 😯
https://www.thestar.com.my/business/business-news/2024/06/21/yinson-eyes-multiple-fpso-projects-worth-rm61bil

Posted by RiskRoverExpert > 2024-06-24 14:22 | Report Abuse

RE sector, seems is the big trend now, do just hear the exciting Rumor about KAB to Dive into Solar, Battery Storage, Floating Solar and Waste-to-Energy in Kedah! Yinson , Solarvest, KAB seems going to have a big move soon.

noirluck

36 posts

Posted by noirluck > 2024-06-24 14:56 | Report Abuse

you are right, rumors are floating around... KAB having another big expansion in Kedah soon... Definitely worth checking them out..

Posted by ValueInvestor888 > 2024-06-25 10:28 | Report Abuse

the latest issue of theEdge Weekly quoting an analyst report that Yinson is using creative accounting... It is a red flag, be-careful in this high debt company. There might a reason why the share price of this O&G company not performing...

M3T0123

40 posts

Posted by M3T0123 > 2024-06-25 11:31 | Report Abuse

There is surely risk in every investment.

In my humble opinion, it is undeniable that the financial reporting used by Yinson i.e. "operating lease" or "financial lease" model...non-recourse loans and etc. will need to take extra miles to fully comprehend its financial soundness(as quoted, even "an" analyst could not figure it out.

However, we should be cognizant whether the current Yinson achievement is REAL or not:
1. All the FPSO's uptime = They are working fine i.e. 99.7% uptime in respective regions. If anything happened, the newspaper should report it big and sound.
2. All the FPSO deliveries = FPSO Altanta(all anchors done and commissioning is on-going). FPSO MQ(Reaching the field by mid-July and target first oil by end of the year) and FPSO Agogo(70% done, target to sailaway by mid-next year).
1. https://www.offshore-energy.biz/fpso-eating-up-the-miles-to-brazil-while-petrobras-brings-production-start-date-forward/
2. https://www.offshore-energy.biz/brazilian-oil-fields-production-grounds-to-a-halt-but-restart-anticipated-this-month/
3. https://www.upstreamonline.com/exclusive/cosco-ready-to-integrate-and-commission-5-3-billion-africa-fpso-project/2-1-1643093

All the other renewable projects delivered as promised, i.e.
1. Nokh Solar is making profit i.e. 5m.
2. Matarani Project should be commissioned soon.

Note: I might be biased as i had vested in Yinson.

If everything is certain, Yinson wont be worth what is currently right now...

Invest at own risk.

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-06-25 15:03 | Report Abuse

Actually, re the Edge Weekly on Yinson creative accounting, they are actually talking about CIMB and KayHian's reports

CIMB's report is titled "Using financial tools to boost equity returns"

It's a dumb header. Because did you know, it is with this header that CIMB upgraded TP from $3.23 to $3.83

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-06-25 15:04 | Report Abuse

Yinson has deep deep value. Having that said, all momentum is currently loss. I have long exited my entire position, I shall reenter when they stop SBB lol

rl68

180 posts

Posted by rl68 > 2024-06-25 21:09 | Report Abuse

@M3T0123, thanks for your input. May I know what is the weightage of Yinson in your portfolio? Are you an engineer from O&G field?

M3T0123

40 posts

Posted by M3T0123 > 2024-06-26 07:24 | Report Abuse

@rl68, it is about 35% weightage within my portfolio. Yes, i am from O&G background.
Thanks.

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