Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho as said earlier I had debated against Phillip during he is promoting Harta at RM 5.80 on early 2022 … the reason knowing Harta glove cost .. I am agreed to recommend Harta but not on the Timing , I said ASP Shl be bottoming after March 2022 …

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho Yinson total Loans n Borrowing = RM 16.555 Billion.. a High risk n highly dependent on the 3 new FPSO performance on the 1st oil :

1.) Atlanta : by August 2024 ( in Brazil )

2.) Maria Quiteria : by December 2024 ( in Brazil )

3.) Agogo : by 1Q 2026 ( in Angola )


And any impact that affecting from Ranhill Worley Sdn Bhd. an RM8 million reversal of profits previously recognised a year ago on design engineering services for a floating production, storage and offloading vessel job for a Brazilian O&G producer.

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho Let’s see what OTB posted on Jaks during he is promoting on 2019/2020 :

Jaks - We buy Jaks because of its Hai Duong power plant in Vietnam


OTB
Publish date: Tue, 31 Dec 2019, 11:25 PM
Dear valued readers,
 
I believe all readers should know that Jaks has a power plant in Vietnam named Hai Duong, it is a joint venture with Chinese firm CPECC. Jaks has 30% stake and CPECC has 70% stake in this power plant. Jaks has an option to own an additional 10% within 3 years of operations. 


The power plant
1. The power plant of Jaks is called Hai Duong power plant. It is located in Vietnam.
2. Jaks owns 30% of Hai Duong power plant with option to add 10%.  
3. The Power plant of MFCB is called Don Sahong Hydro power plant. It is located in Laos. 
4. MFCB owns 80% of Don Sahong Hydro power plant. 
The price trend of the power plant
1. I had made a detailed study on the trend (technical chart) of power plants in general. 
2. The stock price will go up slow and steady 6 months before the power plant is selling electricity.
3. The stock price of MFCB started to move up north since 2/7/2019, the date to sell electricity is 1/1/2020.
4. The stock price of Jaks started to move up north since 8/10/2019, the date to sell electricity is 1/4/2020.
5. Enclosed are two technical charts of MFCB and Jaks for your perusal. 
 
The reasons why the investors buy power plant 6 months ahead
1. Power generation business is unlike other businesses which depends on supply and demand. There is a big variations on product pricing and its cost. 
2. Power generation business is a contractual business with pricing and others stated upfront in the contract agreements. 
3. The risks are project delays and unexpected project costs overrun. 
4. Big Investors will not give a high PER during the early phases due to the aforesaid risks. 
5. Once the project runs smoothly and near completion, a higher PER will be accorded. 
6. I am not surprised a PER of 15 will be accorded to both Jaks and MFCB once it started its earning to sell electricity respectively. 
7. A steady future income or revenue and cash flow for both Jaks and MFCB with good contractual margins.  

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho Jaks after the Take Over case in 2018 n preventive action with RI in Warrant B Rm 0.25 is expired on December 2023 …

Downtrend to lowest price RM 0.12 .. is time on the Up Trend .

1.) 6 years legal battle against Star is Won by Jaks on March 2024 , Jaks counter claimed Star over RM 540 million, case management is scheduled on 2025 .

> anticipating Pacific Towers Business Hub Shl has improved Tenants n Occupancy rate .

2.) Vietnam power plant 1200 MW joint venture with China partner CPECC .. Jaks 30 % n CPECC 70 % , EPCC value RM 8.7 Billion is completed, commissioned n COD on January 2021 … with 25 years concession.

3.) LSS4 Solar 50 MW in Penang is COD on August 2023 with 25 years concession.

4.) Awarded 30 MW CGPP Solar project in August 2023 , is scheduled COD by 2025 .

Winners of CGPP can sell electricity directly to end users ( companies) that being chosen with agreed Rate but use TNB power grid as TPA .

5.) LSS5 2000 MW Solar Project which Jaks tender together with 1200 MW Vietnam Power Plant China partner CPECC :

a.) Tender RFP dateline is 25/7/2024 .

b.) Jaks 51 % : CPECC 49 %

c.) Tender for 200 MW , RM 800 million. ( 2000 MW Project capital is estimated RM 7.2 Billion ) .

d.) Land : 1730 acres under TDM in Terengganu.

Posted by Sslee > 6 days ago | Report Abuse

Aiyoyo Mike-tikus,
Only me a bit compassionate and hence out of pity entertain dumbass Mike-tikus a bit.

Do you think people like Philip will entertain Dumbass Mike-tikus?
Another of Mike-tikus name-dropping kah?

Posted by Johnchew5 > Aug 18, 2024 2:56 PM | Report Abuse
Hoho as said earlier I had debated against Phillip during he is promoting Harta at RM 5.80 on early 2022 … the reason knowing Harta glove cost .. I am agreed to recommend Harta but not on the Timing , I said ASP Shl be bottoming after March 2022 …

Posted by Sslee > 6 days ago | Report Abuse

Aiyoyo Mike-tikus,
FPSO is USD multi billion project and you are talking about any impact that affecting from Ranhill Worley Sdn Bhd. an RM8 million reversal of profits previously recognised a year ago on design engineering services for a floating production, storage and offloading vessel job for a Brazilian O&G producer.

What are you trying to say?
Are you trying to say you are dumbass?

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho What a TinKosongLee :

Ranhill's 2Q Net Profit Nearly Halves on Reversal of Profit Recognition

edgeinvest
Publish date: Thu, 15 Aug 2024, 09:35 AM


KUALA LUMPUR (Aug 14): Ranhill Utilities Bhd (KL:RANHILL) posted a 45.8% decline in net profit to RM6.53 million in the second quarter ended June 30, 2024 (2QFY2024), from RM12.06 million a year ago, dragged down by an RM8 million reversal of profits previously recognised by its 51% owned-subsidiary Ranhill Worley Sdn Bhd.

👉In a filing with the local bourse on Tuesday, the group said the profit reversal was related to the oil and gas (O&G) segment in the design engineering services for a floating production, storage and offloading vessel job for a Brazilian O&G producer.

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho TinKosongLee why Phillip said yr beloved Insas is a Value Trap .

Why u so TinKosong cannot understand Corporate Structure.. Insas without Corporate Structure Shl stripping u slowly n softly once Trapped..

TinKosong just bla bla bla in Insas showing yr Dumbasx 🤣.

Posted by Sslee > 6 days ago | Report Abuse

Aiuoyo Mike-tikus still did not know jaks operation cash flow is negative for last 3 financial years and will remain negative untill year 2030.

Jaks will continues with yearly PP or RI till 2030 for working capital and loans repayment.

Mike-tikus is still selectively cut and paste his jaks promotion broken record for umpteen times and hope that newbie will chase high so that he can sell his ticket to newbie.

Posted by Johnchew5 > 6 days ago | Report Abuse

Yinson n Jaks Financial ratios comparison:

Yinson :

Current Ratio : 0.64

Gearing Ratio : 1.617X

FCF Yield : - 10.38 %

vs

Jaks :

Current Ratio : 1.04

Gearing Ratio : 0.293X

FCF Yield : + 0.68 %

Posted by BursaVulture > 6 days ago | Report Abuse

What is this whole Jaks vs Yinson thing, I came here to read about Yinson, not Jaks. Goodness, please share only things related to Yinson. I know you guys hates each other, maybe do it somewhere private like meet up in mamak and bring along 2 hammers.

Posted by Sslee > 6 days ago | Report Abuse

Ok got it.
Will leave dumbass Mike-tikus alone from now.

Posted by Johnchew5 > 6 days ago | Report Abuse

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…4QR is Loss ( 24.8 million )

👉👉 Rm 37.787 million with Net Profit RM 15.527 million..


5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

( Note : Vietnam Power Plant Joint venture company is 30 % .. an associate company) .

Posted by Johnchew5 > 6 days ago | Report Abuse

Yinson

Referred to QR ended April 2024 :

A.) Non current assets :

Trade n other receivables: 87 million.


B.) Current assets:

Trade n other receivables: 726 million.

👉Total Trade n other receivables: 813 million.

C.) Non current liabilities:

Trade n other payables: 72 million

D.) Current liabilities:

Trade n other payables: 2,508 million

👉Total Trade n other payables: 2,580 million 😱

Posted by klee > 6 days ago | Report Abuse

骂是爱.........

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho TinKosongLee you don’t have any facts n figures to support your Promoting Stock .. Yinson ???

Posted by klee > 6 days ago | Report Abuse

24/7 爱

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho never respect Kon n actor .. since debated against Conartist Calvin on 2019 …

Posted by Johnchew5 > 6 days ago | Report Abuse

Hoho Kon Fox aka Demusang aka 123theman aka Musang King aka musangfoxking ke …

is only appeared in OTB / YTLpower during price at ard RM 3.00 but he had been following Sslee gang in Insas , Jaks , etc .

Posted by Johnchew5 > 5 days ago | Report Abuse

Yinson Production’s FPSO Atlanta sets sail to Brazil

Posted Date: 21 Mar, 2024

Yinson Production’s FPSO Atlanta set sail to Brazil today, marking the successful completion of the project execution phase, and is expected to arrive in the Atlanta field in the Santos Basin offshore Brazil during the second quarter 2024. The sail away follows the grand naming ceremony that was held for the FPSO in December 2023.
FPSO Atlanta is a redevelopment project awarded to Yinson Production by Enauta Energia S.A. (“Enauta”) on 21 February 2022 as an EPCI (“Engineering, Procurement, Construction, Installation”) Project.

👉 In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta, which includes a 15-year firm plus a 5-year option contract for the supply and operations & maintenance with a total contract value of up to USD 1,981 million.

FPSO Atlanta has a production capacity of 50,000 barrels of oil per day and a maximum storage capacity of 1,200,000 barrels. The FPSO features an efficient carbon management process plant, which utilises fuel gas for cargo tank inertisation that will significantly reduce flare gas emissions through a closed flare system.

The plant is part of Enauta and Yinson Production’s continuous efforts in reducing carbon emissions and being the frontrunner in decarbonising the FPSO industry towards the goal of net zero.The project, carried out at Drydocks World Dubai, was completed safely with over 9 million man-hours without lost time incident. The safety performance is an excellent achievement for the project, demonstrating the highest level of safety standards by the project team.

Scott Bendiksen, FPSO Atlanta Project Manager said, “With over 9 million-man hours worked without a lost time incident, safety has remained our top priority throughout every phase of the project. We look forward to seeing FPSO Atlanta contribute to Enauta’s operations in the Santos Basin, further solidifying our position as a trusted partner in the offshore energy sector.”

Vinicíus Passos, Enauta’s Executive Deployment Manager said, “This is one more milestone achieved, which marks the successful conclusion of FPSO Atlanta's adaptation phase, with the aim of delivering the project on time and within budget. More than 2 years without any incident demonstrates the highest level of safety standards by the team that worked on adapting the vessel.”

FPSO Atlanta is the second of three FPSOs Yinson Production is delivering to clients in Brazil. The first vessel, FPSO Anna Nery, is already operational after achieving first oil in May 2023, while the third FPSO is currently under being built in China and progressing well towards completion this year.

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho emm why Net Profit :

2023-7 : RM 230 million ( Revenue RM 3.1 Billion)

2023-10 : RM 248 million ( Revenue RM 2.8 Billion)

2024-1 : RM 278 million ( Revenue RM 2.7 Billion)

2024-4 : RM 203 million ( Revenue RM 2.2 Billion)

Sslee : what happened ? Got 5 waves ke ? Or only Wave2 only 🤣🤔


—


FPSO Atlanta is the second of three FPSOs Yinson Production is delivering to clients in Brazil. The first vessel, 👉FPSO Anna Nery, is already operational after achieving first oil in May 2023, while the third FPSO is currently under being built in China and progressing well towards completion this year.

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho is The first vessel, FPSO Anna Nery, is already operational after achieving first oil in May 2023, is related to Ranhill case :


>KUALA LUMPUR (Aug 14): Ranhill Utilities Bhd (KL:RANHILL) posted a 45.8% decline in net profit to RM6.53 million in the second quarter ended June 30, 2024 (2QFY2024), from RM12.06 million a year ago, dragged down by an RM8 million reversal of profits previously recognised by its 51% owned-subsidiary Ranhill Worley Sdn Bhd.

👉In a filing with the local bourse on Tuesday, the group said the profit reversal was related to the oil and gas (O&G) segment in the design engineering services for a floating production, storage and offloading vessel job for a Brazilian O&G producer.

Posted by rchi > 5 days ago | Report Abuse

usd index sinking like a rock due to imminent fed rate cut..
today bursa finance index spikes like a rocket due to coming lower cos of borrowing
Yinson 's 16 bil debt will see how much interest savings when fed cut?
Next to rocket will be yinson...

Posted by rchi > 5 days ago | Report Abuse

yinson management has a smart financial expert guiding them to do sbb recently...

Posted by rchi > 5 days ago | Report Abuse

lower cost of borrowing *

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho on FPSO Atlanta , let’s see the progress as the 1st oil schedule is by August 2024 ..

Posted by Johnchew5 > 2 days ago | Report Abuse

Hoho so FPSO's topside facilities, including the processing equipment, power generation systems, and safety systems is not commissioned yet .

Posted by Johnchew5 > 5 days ago | Report Abuse

Yinson FY2024 Annual Report:

1.) Loss from net investment Hedge , ( RM 125 million)

2.) Reclassification of changes in fair value of cash flow hedges , ( RM 180 million) .

3.) Interest expenses on Loans n Borrowing = RM 1,118 million.

4.) Treasury shares ( SBB ) : 157,333,000 unit

5.) Loans n Borrowings :

A.) Sukuk Wakalah : Fixed rate at 5.55 % per annum : RM 1,005 million

B.) Term Loans :

1.) Fixed rate at 12.0 % per annum USD > RM 1,061 million

2.) Fixed rate at 13.88 % per annum USD > RM 1,237 million.

3.) Floating rate vary based on Cost of funds USD > RM 478 million

4.) Floating rate vary based on Secured Overnight Financing Rate USD > RM 10,808 million.

5.) Floating rate vary based on Cost of funds INR > RM 851 million

5.a) INR > RM 141 million

Rate is reset every 5 years .

6.) Revolving Credits

Floating rate vary based on Cost of funds USD > RM 115 million

C.) Unsecured:

7.) Term Loans : Floating rate vary based on Secured Overnight Financing Rate USD > RM 543 million.

8.) Revolving Credits: Floating rate vary based on KLIBOR RM 179 million

9.) Floating rate vary based on Cost of funds RM 101 million.

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho now Dividend yield = 1.12 % … later no cash dividend ke , give Treasury shares as Dividend ke :

4.) Treasury shares ( SBB ) : 157,333,000 unit ( 4.94 % , RM 369 million)

Posted by Johnchew5 > 5 days ago | Report Abuse

Hoho no wander Yinson FCF is Negative, paid loans n Borrowings and interest wow ..😱

—-

Yinson :

Current Ratio : 0.64

Gearing Ratio : 1.617X

FCF Yield : - 10.38 %

Posted by Bullrun18 > 5 days ago | Report Abuse

https://www.sinchew.com.my/news/20240819/finance/5854045

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho copied n pasted partially.

Since February 2024 on Funding Round Before Unit’s IPO .

👉 Yinson and its adviser plan to officially kick off the pre-IPO funding round 👉as early as next month, while the asset may attract global funds and private equity funds, they said.

Chamloh as early as next month , ie March 2024 .. now is August 2024 . With new investors n increased Funding to USD 1.5 Billion , but still in negotiation n consideration… a High Risk .

And Crude Oil WTI is dropping since Last week from USD 80.5 to USD 74.334 per barrel.




—-

Yinson Ponders US$1 Billion Funding Round Before Unit’s IPO
By K. Harinderan -
February 20, 2024


Yinson Holdings Bhd, a Malaysian energy infrastructure firm, is considering raising about USD1 billion in a funding round for its floating production, storage and offloading unit before an initial public offering of the business, people with knowledge of the matter said.

The listed company is working with a financial adviser on the fundraising for Yinson Production Offshore Pte., the sources said. Yinson and its adviser plan to officially kick off the pre-IPO funding round 👉as early as next month, while the asset may attract global funds and private equity funds, they said.

RRJ Capital, which invested USD300 million in Yinson Production’s Angola project, plans to commit another USD320 million in the funding round, according to Richard Ong, the private equity fund’s chief executive officer. Terms of the investment haven’t been finalised, Ong said.

The Singapore-based FPSO unit is estimated to report about USD680 million in earnings before interest, taxes, depreciation and amortisation for the year ended 2023, said the people. Yinson is weighing a US IPO for the FPSO business as soon as 2026, the people said, asking not to be identified as the information is private.

Deliberations are ongoing and details of the funding round and the listing plans may still change, the people said. A representative for Yinson Holdings declined to comment.

Yinson Production has contracts with firms including Brazil’s state oil company Petrobras and the Angolan joint venture of energy majors BP Plc and Eni SpA. Besides RRJ, Global Infrastructure Partners and Sumitomo Corp. have also provided financing to Yinson Production’s projects.

Posted by Johnchew5 > 4 days ago | Report Abuse

The increasingly competitive global market and lower oil price environment particularly challenge Angola's high production costs which average USD 40 per barrel. Industry players emphasize the need for a more competitive business environment with reduced production costs and increased efficiencies.

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho this is Higher production cost than Armada FPSO Kraken during 1st oil on 2017 ( recalled ) , USD 30 per barrel.

Posted by Sslee > 4 days ago | Report Abuse

A FPSO cost multi billion USD. To complete the projects on time you need finance support and I think bankers take advantage of client tight schedule and demand for a very high interest rate.

Yinson has no choice but to bite the bullet to complete the FPSO, shipped to client, commission and running the FPSO so that incomes will start to roll in.

Once this is done then Yinson should refinance those expensive borrowing and It will help if US start to reduce interest rate come Sept.

High finance cost will eat into Yinson profit and there are still many risks Yinson need to overcome. So Yinson is not for the faint hearted.

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho why Armada Kraken had impairment of RM 1.6 Billion?

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho Although Armada Boss is Rich enough even can further finance Armada FPSO new business with his own private investment entity, after he failed on invested more than RM 20 Billion in India Telco business n being sued by India regulators.

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho see my earlier posts .. on Loans n Borrowings in USD , the interest can be as High to 12 % n 13.88 % ..😱

Posted by klee > 4 days ago | Report Abuse

huat ah

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho referred to Tan k w TA is quite Chun le , same as in YTLpower on retraction.

南洋行家论股
云升控股阻力RM2.85/刘礼誉

Tan KW

Publish date: Sat, 17 Aug 2024, 04:15 AM

基于美国通胀数据CPI和PPI开始下滑，零售销售和…..

能源板块指数已将缺口填上，然后继续走强。其中，云升控股（YINSON，7293，主板能源股）闭市时报收2.68令吉，按日涨18.0仙或7.20%。

另外，凯辉国际（KEYFIELD，5321，主板能源股）闭市时报收2.82令吉，按日上升12.0仙或4.44%。

云升控股的日线图，反弹于之前的支撑位后，继续突破下跌趋势线。它的日线相对强度指数（RSI）处于81.25的位置。它的股价或在短期内继续上2.80至2.85令吉的阻力水平，支撑水平处于2.55至2.59令吉。

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho see the Volume …

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho owned claimed FA Guru Ssleee , Yinson no choice but to bite the bullet , So Risky le ..

See Jaks insiders monitor n maintain Gearing Ratio in a healthy level le … even can reject the type of Loans offered on LSS4 Solar 50 MW in Penang which is COD on August 2023 …

Posted by Bullrun18 > 4 days ago | Report Abuse

云升FSPO融资有进展
Sinchew Mon, Aug 19, 2024 08:26pm


（吉隆坡19日讯）知情人士指出，云升控股（YINSON,7293,主板能源组）将为旗下的浮式生产储卸油船（FPSO）公司——Yinson Production Offshore有限公司进行私募融资，选择了阿布扎比投资局（Abu Dhabi Investment Authority）和British Columbia投资管理机构在内的投资者，预计筹资15亿美元（约65亿令吉）。

《彭博社》引述匿名人士报道称，云升控股还选择了私募基金——RRJ资本。

可赎可转换优先股参与融资
该名人士透露，融资活动今年初开始时，云升控股原本放眼筹资10亿美元（约44亿令吉），现在规模或提高到15亿美元。潜在投资者可通过可赎回可转换优先股，参与这次融资计划。并且最快将于下个月达成共识。

今年2月《彭博社》报道，云升控股一直都考虑在旗下浮式生产储卸油船业务最快于2026年进行首次公开售股（IPO）前，先进行一轮私募融资。

根据消息来源，这项融资活动还在考虑中，投资者和最终融资规模都有可能改变。

无论如何，云升控股、RRJ资本、阿布扎比投资局和British Columbia投资管理机构都不予置评。

Yinson Production Offshore拥有包括来自巴西石油公司（Petrobras），和由油气巨头BP plc和Eni SpA联营的非洲安哥拉油气生产项目合约。

RRJ、贝莱德（BlackRock）正在收购的Global Infrastructure Partners（GIP)和日本住友商事（Sumitomo Corp）也曾为该公司提供融资。

Posted by klee > 4 days ago | Report Abuse

so much achi acho for what?just sold c35 at 20 sen for 1000% gain hoho
now play aeon for civil service pay rise theme

Posted by klee > 4 days ago | Report Abuse

talk till cow come home,earn how much?

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho why so red face le ..shd be ho ho ho laughing to the banks … from bull to bear ke .. ho ho ho ..

Posted by Johnchew5 > 4 days ago | Report Abuse

YINSON-C35
729335
KLSE
0.155 ↑
0.035 (29.2%)

High 0.210
Low 0.150
Open 0.150
Volume 2,180,000
Volume (B/S) 55,000 / 50,000
Price Bid/Ask 0.140 / 0.150

52w 0.010 - 0.150
Type CALL
Issued on 2024-03-20
Maturity 2024-09-30
Strike value 2.4500

Posted by klee > 4 days ago | Report Abuse

hoho mike,analysis is good of course
over analysis but cant make money is like fighting war on paper hoho
sayonara yinson forum...

Posted by Johnchew5 > 4 days ago | Report Abuse

Ho ho ho taking bear to home ke .. ho ho ho

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho see TSH forum against Conartist Calvin , ethical Sifu 3iii also posting .

Did I made Profit … ho ho ho

Posted by Johnchew5 > 4 days ago | Report Abuse

Hoho where is the Own Claimed FA Guru , LeeTikus???