Posted by Bullrun18 > 2024-08-27 18:54 | Report Abuse

唱吧你越是唱這支股就越走越高😂

Posted by Johnchew5 > 2024-08-27 22:18 | Report Abuse

Referring Annual Report FY 2024 :

Major : Lim Han Weng : Direct 1.44 % , Indirect 22.8 %


Yinson Legacy Sdn Bhd : 15.98 % under 8 Pledged accounts.

Lim Han Joeh : Direct 4.52 % ,( including 3.65 % in 2 Pledged accounts)

Posted by Vdhawan > 2024-08-28 08:36 | Report Abuse

Exxon forecasts crude demand to stay above 100 million barrels per day (bpd) through 2050

https://www.reuters.com/business/energy/exxon-forecasts-2050-oil-demand-match-todays-25-above-bp-estimate-2024-08-26/

Posted by Sslee > 2024-08-29 20:19 | Report Abuse

2. CHUA SONG YUN
Given the aggressive expansion, the nature of front-loaded costs for FPSOs, complex finance lease accounting, and substantial negative operating cash flow due to new FPSO constructions, the market and shareholders may find it difficult to understand Yinson's value. With FPSO Atlanta, FPSO Maria Quitéria, and FPSO Agogo set to commence their charter periods in the next year or two, assuming no new FPSOs are added, could management present the projected free cash flow expected from the FPSO segment over the next 10 years? This would help shareholders better appreciate the company's value.
Reply:
Yinson does expect free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates.

3. CHUA SONG YUN
On 30 April 2024, Yinson secured a USD 1.3 billion (RM 6.1 billion) multi-tranche financing term loan with interest margins ranging from 3% to 5% plus SOFR.
a) What is the current SOFR rate, and what is the effective interest rate of this term loan?
b) Considering the high financing costs of nearly 10% for FPSOs, how does management ensure that these projects remain profitable?
Reply:
The current SOFR rate is 5.3% plus 3%-5%, with the spread at about 8-10% for long-term financing.
Now is the prime opportunity for Yinson to inform its clients that interest rates are high. Hence,
hypothetically, when Yinson signs on a contract of 10 or 15 to 25 years, Yinson is able to price these high interest rates into projects which the client would have to pay for. If Yinson were to have a 25-year contract with a 10% to 11% interest rate on that project, clients would be willing to pay for that within the next 5 to 10 years. If the interest rates were to drop, Yinson would be able to refinance that loan with a cheaper instrument, which leaves a whole profit that would come to Yinson. Yinson should be winning more projects in a high interest rate environment as compared to winning projects in a low interest rate environment, which would leave Yinson at a disadvantage in refinancing projects. For FPSO Anna Nery, Yinson was able to refinance and take back equity with a small sell down to K-Line

Posted by rl68 > 2024-08-30 09:58 | Report Abuse

2. CHUA SONG YUN
Given the aggressive expansion, the nature of front-loaded costs for FPSOs, complex finance lease accounting, and substantial negative operating cash flow due to new FPSO constructions, the market and shareholders may find it difficult to understand Yinson's value. With FPSO Atlanta, FPSO Maria Quitéria, and FPSO Agogo set to commence their charter periods in the next year or two, assuming no new FPSOs are added, could management present the projected free cash flow expected from the FPSO segment over the next 10 years? This would help shareholders better appreciate the company's value.
Reply:
Yinson does expect free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates.

@Sslee, kindly share the link of the above information.

Posted by Sslee > 2024-08-30 10:12 | Report Abuse

https://www.yinson.com/general-meetings/
Yinson - 31sh AGM minutes

Posted by Bullrun18 > 2024-08-30 17:09 | Report Abuse

Unsuccessful cross 3.00 this week maybe next week can break the 3.00 barrier 🔝🔝🔝

Posted by Mabel > 2024-08-30 19:11 | Report Abuse

Yes lah..

To RM 3 with Loves

Happy Merdeka Every One!

Posted by Bullrun18 > 2024-08-30 19:59 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3480181

Posted by Bullrun18 > 2024-08-30 20:05 | Report Abuse

Yinson is Disposals offshore business to Icon for 160 millions

The Proposed Disposals are for a total sale consideration of RM160 million which shall be satisfied by the issuance of 181,818,181 new ordinary shares in Icon at an issue price of RM0.88 per share (“Issue Price”) (“Consideration Shares”) (“Sale Consideration”) and in accordance with the terms of definitive agreement(s) to be entered into by the parties pursuant to the Proposed Disposals (“Definitive Agreement”).

Posted by Bullrun18 > 2024-08-30 20:56 | Report Abuse

Yinson divests offshore marine business to Icon Offshore

Friday, 30 Aug 2024
7:35 PM MYT

https://www.thestar.com.my/business/business-news/2024/08/30/yinson-divests-offshore-marine-business-to-icon-offshore

Posted by Bullrun18 > 2024-08-30 21:16 | Report Abuse

Yinson started unlocking value for the business next is unlock FPSO business ...

Posted by Skywalker00 > 2024-08-31 22:53 | Report Abuse

Haha... no problem, just unlock value of xxx

Posted by BursaVulture > 2024-09-01 12:42 | Report Abuse

@Johnchew 5

FPSO Atlanta delayed because Petrobas worker was on strike. Thus the delay.
https://www.reuters.com/article/petrobras-strike/petrobras-workers-strike-company-says-operations-unaffected-idUSL1N2A105J/

Which will be resolved eventually and has nothing to do with Yinson.

Posted by raymondroy > 2024-09-01 12:53 | Report Abuse

Johnchew5 @mikecyc ..... pls stop spamming this forum :-) appreciate it very much

Posted by HuatRex1314 > 2024-09-01 23:34 | Report Abuse

Yinson son should be above 0.60 by now.

Posted by Johnchew5 > 2024-09-02 07:43 | Report Abuse

4.) Waves 4 : Disposal of assets / down stream business like Armada during FPSO Kraken is delayed on 1st oil for fund raising.
Later sold FPSO Claire .

Armada :
Debt-Equity (DE) Ratio 0.93
FCF Yield 8.57 %

Yinson :
Debt-Equity (DE) Ratio 2.27
FCF Yield -9.69 %


Armada : latest payout Dividend on FY2015 .. then no more Dividend until today .

Posted by Bullrun18 > 2024-09-02 08:55 | Report Abuse

Petrobras workers strike, company says operations unaffected
By Reuters
February 1, 202011:29 PM GMT+8Updated 5 years ago

Very funny guy posting the old news 5 years ago....

Posted by 5354_ > 2024-09-02 10:45 | Report Abuse

Will Lim Han Weng sell out Yinson 1 day?

Posted by 5354_ > 2024-09-02 10:46 | Report Abuse

True ka?

Bullrun18 Unsuccessful cross 3.00 this week maybe next week can break the 3.00 barrier 🔝🔝🔝
30/08/2024 5:09 PM

Posted by BursaVulture > 2024-09-02 12:23 | Report Abuse

@Bullrun 18

Sorry, wrong article. This is the one.

https://www.reuters.com/world/americas/brazil-environmental-worker-strike-deepens-hit-oil-output-now-200000-bpd-2024-06-28/

Posted by Vdhawan > 2024-09-02 17:05 | Report Abuse

Icon Offshore to add 40 ships in deals with Yinson and Liannex
https://splash247.com/icon-offshore-to-add-40-ships-in-deals-with-yinson-and-liannex/

Posted by BursaVulture > 2024-09-02 17:50 | Report Abuse

@Johnchew5

U have problem with SSLee... so PM him, no need to spam in every counter he invest.

Posted by Sslee > 2024-09-02 17:58 | Report Abuse

I am watching wave formation as forwàrd FCF as per BOD projection
Repost:
Yinson does expect free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards, based on today’s interest rates.

@Sslee, kindly share the link of the above information.

Sslee
5928 posts
Posted by Sslee > Aug 30, 2024 10:12 AM | Report Abuse X

https://www.yinson.com/general-meetings/
Yinson - 31th AGM minutes

Posted by Mabel > 2024-09-04 10:52 | Report Abuse

KUALA LUMPUR (Sept 4): Corporate Malaysia's earnings for the second quarter of this year have largely been in line with analysts' expectations, with 58 of the top 100 companies on Bursa Malaysia in terms of market capitalisation either meeting or beating analysts' estimates, while 42 missed consensus estimates.

Overall, these top 100 companies’ aggregate earnings rose 15.9% year-on-year (y-o-y) and 10.5% quarter-on-quarter (q-o-q), with 49 companies registering both y-o-y and q-o-q increases in their latest reported quarterly earnings.

Utilities, oil and gas (O&G) and financial services are the sectors that posted results that largely met or beat earnings consensus in the second quarter of 2024, while telecommunications, technology and construction were the ones that disappointed when compared against their earnings forecasts.

Posted by Vdhawan > 2024-09-06 15:37 | Report Abuse

TP RM3.32 by RHB
https://klse.i3investor.com/web/pricetarget/research/72604

Posted by OldWiseMan100 > 2024-09-08 19:38 | Report Abuse

I've been asking this for 5 years already, can fly or not?

Posted by jjohnchew > 2024-09-10 11:57 | Report Abuse

Any progress update on FPSO Atlanta first oil ?

Posted by BursaVulture > 2024-09-12 19:37 | Report Abuse

https://brazilenergyinsight.com/2024/09/11/brava-energia-obtains-ibama-license-to-operate-fpso-atlanta-and-is-now-waiting-for-anp-approval/#more-65908

Brava Energia obtains Ibama license to operate FPSO Atlanta and is now waiting for ANP approval

Posted by Vdhawan > 2024-09-13 19:38 | Report Abuse

World oil demand growth is slowest since pandemic as China cools, IEA says

https://theedgemalaysia.com/node/726533

Posted by sagmaSG > 2024-09-18 18:27 | Report Abuse

Yinson Holdings Bhd likely prompts thoughts about its role in the energy sector, particularly in renewable resources and offshore support. Investors might consider its growth potential, sustainability initiatives, and market position, reflecting on how the company navigates industry challenges and contributes to a greener future.

https://youtubvanced.com/

Posted by Bullrun18 > 2024-09-19 17:09 | Report Abuse

Good job today gain 11 cents….

Posted by Mabel > 2024-09-21 23:01 | Report Abuse

https://www.oedigital.com/news/517024-brazil-authorities-issue-operating-license-for-atlanta-fpso

Meanwhile Brazil has several FPSO (Floating Production Storage and Offloading) units operating in its offshore oil fields. Here are some notable ones:

FPSO Guanabara: Operating in the Mero field, part of the pre-salt layer.
FPSO Almirante Barroso: Recently started operations in the Búzios field.
FPSO Sepetiba: Expected to start operations in the Mero field by the end of this year.
P-84 and P-85 FPSOs: These are part of Petrobras’ new generation of FPSO platforms designed for the Atapu and Sepia fields in the Santos Basin.
Petrobras has plans to install 11 more FPSOs in the pre-salt layer by 2027, which will significantly boost Brazil’s oil production capacity.

This FPSO Atlanta is recently licensed to Brava Energia, replacing the older Petrojarl I FPSO. Brava Energia, formed by the merger of 3R Petroleum and Enauta, has secured an operating license for the FPSO unit Atlanta from IBAMA. The company is working to meet regulatory requirements for authorization from ANP for first oil production. All subsea system and lines connections for FPSO Atlanta were completed in July, with ongoing installation of additional modules and wells.

The FPSO Atlanta, chartered by Yinson Production, can process 50,000 barrels of oil per day and store 1.6 million barrels of oil, replacing the Petrojarl I FPSO.

With this latest development Yinson closed nicely up 11 sen on Friday. Well Done Yinson!

Meow

Posted by Vdhawan > 2024-09-23 16:39 | Report Abuse

Plan to average up. Hehe

Posted by Bullrun18 > 2 months ago | Report Abuse

Yinson Renewables’ 97 MWp Matarani Solar Project in Peru commences operations
Posted Date: 24 Sep, 2024

Yinson Renewables’ Matarani Solar Plant in Peru recently entered into its full operational phase, following the commencement of power export and sales in July 2024. The 97 MWp plant, located near Arequipa, positions Yinson Renewables as Peru’s second largest solar generator and is Yinson’s first operational project in Peru.

The plant, which commenced operations ahead of schedule, is designed to deliver 260 GWh of renewable energy annually and is estimated to be able to satisfy the electricity needs of approximately 62,000 Peruvian households and prevent the emission of more than 56,000 tonnes of CO2 per year. The plant includes almost 150,000 panels covering an area of 750,000m2.

The Matarani Solar Plant has a long-term Power Purchase Agreement (PPA) with Orygen, Peru's leading renewable energy generator, whose majority shareholder is the global sustainable infrastructure investment fund, Actis.

Yinson Renewables Chief Executive Officer, David Brunt, commented, “The Matarani Solar Plant is a significant milestone for Yinson Renewables, being our first in Peru and the region. With this plant now fully operational, Yinson Renewables has created a strong foundation which will facilitate our continued expansion in the region.”

Yinson Renewables acquired the project from Grenergy Renewables in January 2024. Grenergy provided a full turnkey EPC contract for the construction of the project and is also providing operation and maintenance service for the first two years.

Yinson Renewables has a strong growth ambition in Latin America, with a pipeline of close to 1 GW expected to be built in the next three to five years. In Peru, Yinson Renewables also owns the 130 MWp Majes Project, the first phase of which is expected to be ready for construction by end 2024. Matarani is Yinson Renewables' fourth large scale project to reach commercial operations, with the first three being the Rising Bhadla 1 & 2 plants and the Nokh Solar plant in India.

Posted by Vdhawan > 2 months ago | Report Abuse

Looks like Yinson is gonna hang at 2.76 ~ 2,78 for the time being ...

Posted by treasurehunt > 2 months ago | Report Abuse

Guess QL is the only company successful expansion the business from huge borrowing over 10 years in KLSE . Magnitude of borrowing QL is too small against YINSON. Yinso... I doubt. Good luck!

Posted by Vdhawan > 2 months ago | Report Abuse

Q2 results are out ... Net profit is similar to Q1

Posted by OldWiseMan100 > 2 months ago | Report Abuse

@treasurehunt

FPSO Atlanta not yet strike first oil... soon, but not yet. FPSO Maria also not yet strike first oil, maybe next month? FPSO agogo still under construction. They've borrowed money, but those 3 ships not yet bring in income, hopefully soon. What do you expect from this quarter when all 3 not yet strike first oil? Borrow yesterday and see income tomorrow? So fast?

Posted by Bullrun18 > 2 months ago | Report Abuse

According to Oaklands Path's report, Yinson is ranked the best FPSO company in the world now.

1, Yinson is the only FPSO company that has consistently turned a profit over the past decade.

2. It has a proven track record of delivering FPSO projects on time and within budget, even during the COVID-19 pandemic. It was the only company in the world not to delay a project due to the pandemic.

3. Yinson has also had no major health, safety, or environmental or downtime incidents. As a result of its strong track record, Yinson is a preferred bidder in the market.

4. The actual operating cash flow should reach over RM3bn in calendar year 2026 and is sustainable for at least another 15 years based on the firm period alone.

5. The debt could be fully paid within a few years if the company does not take on a new project. The cash leftover for shareholders may equal 5 to 8 times of today’s market cap i.e. may equal 59.2 billion in 15 years time.

Posted by Brutus > 2 months ago | Report Abuse

Good QR, declared 1c Dividend with DRIP.

Posted by Mabel > 2 months ago | Report Abuse

KUALA LUMPUR (Sept 30): Yinson Holdings Bhd’s (KL:YINSON) net profit fell 11.74% to RM203 million in the second quarter ended July 31, 2024 (2QFY2025), from RM230 million a year ago, on the back of lower revenue and as finance costs more than doubled.

Earnings per share came in lower at 5.6 sen in 2QFY2025, from 6.7 sen in 2QFY2024.

The oil and gas floating production storage and offloading (FPSO) asset operator declared an interim single-tier dividend of one sen per share, amounting to RM30 million. This brings its dividend payout to two sen per share for 1HFY2025.

Quarterly revenue dropped 31.19% to RM2.14 billion, from RM3.11 billion, mainly due to lower contribution from its engineering, procurement, construction, installation and commissioning (EPCIC) segment.

Finance costs, however, rose by RM243 million or 120% to RM445 million.

As at July 31, 2024, the group’s total loans and borrowings stood at RM19.58 billion, a 77% increase compared to RM11.06 billion a year ago. Its net gearing ratio currently stands at 1.84 times.

It said the increase in total outstanding loans and borrowings was mainly due to additional loan facilities being drawn down for project and working capital purposes.

For the first half of FY2025 (1HFY2025), its net profit also declined by 7.31% to RM406 million, from RM438 million in 1HFY2024, while revenue shrank by 28.95% to RM4.36 billion, compared to RM6.13 billion previously.

“The decrease in revenue was mainly due to lower contribution from EPCIC activities (based on progress of construction) as FPSO Maria Quitéria and FPSO Atlanta are expected to be completed by the end of FY2025,” it said.

The lower revenue was also due to the absence of the one-off effect of the exercise of the call option for the acquisition of FPSO Atlanta’s holding entity last year.

“This was partially offset by higher contribution from FPSO Anna Nery’s operations since first oil was achieved on May 7, 2023,” it added.

On prospects, Yinson sees expansion in all business units, including clean energy production and solutions, on top of its core FPSO projects.

“The demand for FPSOs is positive with the increase in project sanctions around the world particularly from Brazil, being the highest FPSO demand centre, followed by West Africa,” it said.

Posted by Willtolive > 2 months ago | Report Abuse

can drop, wait at 225

Posted by Bullrun18 > 2 months ago | Report Abuse

You wouldn't get 2.25 later you will get the price above 3.00 ....

Posted by Willtolive > 2 months ago | Report Abuse

not yet, many sellers queue to sell

Posted by Bullrun18 > 2 months ago | Report Abuse

分析：兴业投行研究
目标价：3.29令吉
最新进展：
云升控股（YINSON，7293，主板能源股）在浮式储卸生产油船（FPSO）工程收入下降的情况下，2025财政年次季（截至7月底）净利同比萎缩11.74%，至2亿300万令吉。
同时，云升控股次季营业额同比下挫31.19%，至21亿4200万令吉。

行家建议：
2025财年上半年核心净利为2亿3000万令吉，同比增44%，占全年净利预测的39%，我们仍视为符合预期，因为预计下半年会更强劲。
这主要得益于Anna Nery号自2023年5月首次产油后的全面贡献，营运开支降低，和绿色科技表现良好，也为业绩提供支撑。
Maria Quitera和Atlanta这两艘FPSO，分别预计在10月和12月产油，而Agogo号也预计在2026年末季产油。
另外，全球的FPSO需求依然强劲，且云升仍在积极竞标新项目。同时，目前处于有利的卖方市场，云升将会在2年内稳步推进新项目发展。
云升现金流强劲，依旧承诺股息，并预测未来5年的复合增长率可以达到30%。
不过，基于融资成本走高加上令吉走强，我们将明后财年的净利预测，分别下调10%与3%，目标价也从3.32令吉，微降至3.29令吉，维持“买入”评级。

https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E3%80%91%E4%BA%91%E5%8D%87%E6%8E%A7%E8%82%A1-%E8%9E%8D%E8%B5%84%E8%B5%B0%E9%AB%98%E8%B4%A2%E6%B5%8B%E4%B8%8B%E8%B0%83

Posted by Skywalker00 > 2 months ago | Report Abuse

Haha... all companies that make YouTube eventually falls of a cliff.

Posted by Bullrun18 > 2 months ago | Report Abuse

Yinson may finalise plans to raise US$1-1.5bil via RCPS by year-end
By S. Birruntha - October 2, 2024 @ 11:10am

KUALA LUMPUR: CGS International Research expects Yinson Holdings Bhd's redeemable convertible preference shares (RCPS) issue to be finalised before the end of 2024.
The firm said the funds raised are likely to be utilised to expand the floating production, storage and offloading (FPSO) portfolio by acquiring two to three additional assets.
It said Yinson is keen on growth and intends to leverage the ongoing strength in project internal rates of return (IRRs) within the global FPSO build-operate-lease market.
Previously, reports indicated that Yinson was considering issuing between US$1 billion and US$1.5 billion in RCPS at its FPSO subsidiary level to various global investors.
"We believe that Yinson is either already negotiating directly with certain oil and gas companies or will participate in future bidding exercises, as two of its three project execution teams are prepared to manage new projects.
"Potential downside risks include unexpected delays in project execution or first oil estimates, as well as RCPS terms that may not be favourable to Yinson's shareholders," the firm added.
CGS International said Yinson's second quarter ended July 31, 2024 (2QFY25) was RM135 million, reflecting a 21 per cent decrease quarter-on-quarter (QoQ) due to lower revenue and profits from engineering, procurement, construction, installation and commissioning (EPCIC) activities.
The decline was attributed to a slower pace of completion for the FPSO Atlanta and FPSO Agogo projects, although the completion rate for the FPSO MQ accelerated.
"Another reason for the QoQ decline in core net profit was higher interest expense, as Yinson drew down more project financing for the FPSO MQ and FPSO Agogo projects.
"The group also upsized the debt secured against the cashflows of FPSO Anna Nery in May 2024 in order to recoup its equity capital invested in the asset," it said.
Yinson had indicated at an analyst briefing that first oil for the FPSO MQ was expected in Oct 2024, three to four months earlier than CGS International's estimate.
For the FPSO Atlanta, first oil is anticipated in Dec 2024, two to three months later than projected, and for the FPSO Agogo, it is expected in December 2025.
CGS International said the first oil milestone will boost operating cashflows because daily charter hire is only paid to Yinson when the assets are working, and this may help ease investors' concerns over Yinson's high net gearing.
"Over the course of constructing these assets in the past two to three years, Yinson has been booking substantial engineering, procurement, construction, installation, and commissioning revenues and profits on the profit and loss. However, these are non-cash in nature.
"Instead, Yinson's debt has ballooned, and it has been incurring high debt financing costs, as the projects' capex costs have been largely funded by debt.
Therefore, achieving first oil for the FPSO MQ and FPSO Atlanta could be key rerating catalysts," it noted.

https://www.nst.com.my/business/corporate/2024/10/1113781/yinson-may-finalise-plans-raise-us1-15bil-rcps-year-end

Posted by Bullrun18 > 2 months ago | Report Abuse

Yinson Eyes New Contracts Amid Robust Global Demand As Six-month Results Meet Expectation
By Jenny Gim -October 1, 2024
https://www.businesstoday.com.my/2024/10/01/yinsons-results-met-expectation-eyeing-new-contracts-amid-robust-global-demand/

Posted by Vdhawan > 2 months ago | Report Abuse

Continue to pull back this Yinson ... start buy q at 2.60