Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho on Jaks is one of my Calculated Risk Stock category ( 50 % ), after Cap A ( cost RM 0.58 ) ..

Jaks getting the MOAT after successfully diversified into Power industry on January 2021 : Vietnam Power Plant 1200 MW ,EPCC RM 8.7 billion.. Jaks 30 % n CPECC 70 % with BOT 25 years .

And in RE Solar : LSS4 50 MW n CGPP 30 MW .

Recently tender LSS5 2000 MW , EPCC Rm 7.2 billion:

Jaks 51 % : CPECC 49 % > tendered 200 MW ( with intention up to limit 500 MW ) .

Land : 1730 acres in Terengganu signed MOU with TDM with rental RM 578 per acre per year . Land Area can be up to 500 MW Solar farm depends on Solar Panel efficiency: 12 % or 18 % .


Let’s see tender award is scheduled to be announced by November 2024 .

Posted by Philip ( buy what you understand) > 1 week ago | Report Abuse

would it be possible to stop polluting this thread on YINSON with petty comments on other things, other stocks, and other stuff that has zero relation to YINSON. why?

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho btw my attention on Jaks after Lee posted sold on April 2023 ( since from 2017 ) ..

And Cap A during debated against his Kon maths , I said if not dropped below RM 0.56 is OK .. lowest is RM 0.56 ..

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho I saw yr post on Jaks , will stop now …

Posted by Sslee > 1 week ago | Report Abuse

Mike-tikus had done this for almost one and a half year now going every forum to promote jaks with all his misinformation or fake figures as facts.

He follow me to Yinson (I actualy bought some Yinson) just because I gave true figures and facts on Jaks and capitalA.

Posted by Sslee > 1 week ago | Report Abuse

no one can time the market.
Agreed but need to know when to sell while the price already reach it peak. Example when Pchem break RM 10 or Insas break RM 1.20

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho luckily KonLee had a 2nd chance to sell Insas at RM 1.20 … as earlier he is targeting RM 1.50!…

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho don’t be jealous Lee le .. until thanks me on Highlighted MMC in Insas that he gain RM 180,000 is a Lie also .

I had Cutwin on Zelan n MMC ( Zelan mother ) on 2021 during MMC privatisation.

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho Trapped in Insas WC with averaging down at RM 0.25 ke ???

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho see KonLee with tikuss eye twisting as usual :


See on the date :

23-March 2020 at RM 6.20 all the way up to 10.20 by 15 May 2020?

Top 4 list screenshot ard March 2021?

—


Sslee

Aiyoyo,
Did Mike-tikus know Philip sold his Top Glove too early from 23-March 2020 at RM 6.20 all the way up to 10.20 by 15 May 2020?

Me and CharlesT have a field day making fun of Philip for selling Top Glove just a little bit too early.

So what is Mike-tikus talking about Top 4 list screenshot ard March 2021?

Posted by Sslee > 1 week ago | Report Abuse

https://klse.i3investor.com/servlets/pfs/120720.jsp?stockName=TOPGLOV

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho emm interesting.. Top 4 list on ard March 2021 :

Top Glove 5.32

And KonLee posted list on :

All Time Performance (01-Jan-2019 - 15-May-2020) [Completed] | Total Return +6,783,560.21 [60.51%] over total capital of 11,210,831.48 | IRR: 42.53%

Posted by Sslee > 1 week ago | Report Abuse

https://klse.i3investor.com/blogs/Mentalmodels/2020-05-24-story-h1507829976-How_to_sell_Gloves_Stocks_or_buy_what_comes_out_in_newspapers_2_years_f.jsp

Posted by Sslee > 1 week ago | Report Abuse

Mike-tikus,
Did you saw Philip screenshot ard March 2021 Top Glove 5.32?
Or did you see ghost?💀🥶😇

Johnchew5 Hoho emm interesting.. Top 4 list on ard March 2021 :
Top Glove 5.32

Posted by Sslee > 1 week ago | Report Abuse

By the way buying Yinson now is "buy what comes out in newspapers 2 years from now"

Posted by Johnchew5 > 1 week ago | Report Abuse

Haha Top 4 list screenshot ard March 2021

21/4/2024

QL 6.15 4.79 ROE : 14.88 DY : 1.36%

Top Glove 5.32 1.05
ROE : - 11.23 DY : 0

Yinson 5.35 2.77
ROE : 10.24 DY : 1.81 %


Pchem 8.17 5.69
ROE : 4.36 DY : 2.64 %

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho why hurry as u shouting going Downtrend !


—-
Posted by Johnchew5 > 17 hours ago | Report Abuse

Hoho not like U claimed FA n TA Gutu here …see 5 waves even didn’t know the waves name EW … still blur blur Shouting waves 2 which is Downtrend !


—-

Posted by Sslee > 13 hours ago | Report Abuse

Aiyoyo Mike-tikus Yinson second wave coming!

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho TA Gutu what Shl be the Waves 2 downtrend price ? Lower low is coming ke ?🤣😱

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho KonLee no more posting in TSH support yr idol Calvin ?.. he used to said u r oil palm plantation expert le !

Before 2017 he is a Negative view commentator.

KonLe became a Kon on 2020 after Xingquin is delisted on 2019 ke 😱

Posted by Philip ( buy what you understand) > 1 week ago | Report Abuse

Hartalega or topglove? I sold topglove making good profit long time ago, started buying hartalega when the price became cheap. If you need to make negative comment at least make sure of your data.

>>>>>
Johnchew5

Haha Top 4 list screenshot ard March 2021

21/4/2024

QL 6.15 4.79 ROE : 14.88 DY : 1.36%

Top Glove 5.32 1.05
ROE : - 11.23 DY : 0

Yinson 5.35 2.77
ROE : 10.24 DY : 1.81 %


Pchem 8.17 5.69
ROE : 4.36 DY : 2.64 %

Posted by Philip ( buy what you understand) > 1 week ago | Report Abuse

And speaking of negative news, yinson selling 11% stake for 59m USD to Japanese investors.

https://themalaysianreserve.com/2024/10/22/yinson-production-completes-sale-of-minority-stake-in-fpso-anna-nery-to-k-line/

Posted by Sslee > 1 week ago | Report Abuse

Selling 11.8% stake of FPSO Anna Nery for 59m USD to Japanese investors.
Yinson now only hold equity stake of approximately 63.2% in FPSO Anna Nery.

Chiamloh tomorrow limit down coming.

Posted by Sslee > 1 week ago | Report Abuse

Without SBB will Yinson break the 52 weeks low of RM 2.25?

Posted by Johnchew5 > 1 week ago | Report Abuse

Haha the difference on Top 4 list screenshot as you posted … not the individual stock list …

And on Harta , you promoted on early 2022 at RM 5.80 .. saying u knew the cost ! And I said ASP shl be bottoming after March 2022 …

And said I had posted Top Glove TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 ,after posted the Demand vs Supply study of 7 local nitrile glove manufacturers on August 2022 .

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson Production Secures USD230 Million Financing in Relation to FPSO Maria Quitéria

7 Aug 2023 — Yinson Production has secured a USD230 million term loan facility in relation to FPSO Maria Quitéria.


Yinson Production completes USD 1.3 billion debt financing for the Agogo FPSO

2 May 2024 — The financing is provided by a consortium of 13 lenders, including international banks and institutional investors, and will be utilised over ...



Yinson-Sumitomo secures USD670 million mini perm financing for FPSO Anna Nery

11 Aug 2021 — Sumitomo owns a 25% stake in the project. The deal has been positively received by the investment community with several banks expressing ...



Yinson secures funding from private equity firm for floating facility in Angola

18 Aug 2023 — Yinson Holdings Bhd has secured US$300 million (RM1.39 billion) from a private equity firm, RRJ Capital, to partly finance its floating, ...



Yinson secures $720 million financing for Maria Quiteria FPSO

7 Oct 2022 — Malaysia's Yinson Holdings has entered into a $720 million syndicated loan facility for the Maria Quiteria floating production, storage and offloading vessel.

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho Yinson window dressing on QR ended April 2024 n July 2024 :

>QR ended April 2024 , Net Profit RM 203 million- RM 236 million ( increased of Loans n Borrowings) = - RM 33 million.

>> QR ended July 2024 , Net Profit RM 203 million- RM 3,025 million ( increased of Loans n borrowings) = - RM 2,822 million.😱



-

Yinson Loans n Borrowings:


3.) QR ended July 2024

RM 19,580 million


👉Compared Q to Q : is increased by RM 3,025 million.



2.) QR ended April 2024

RM 16,555 million.


👉Compared Q to Q : is increased by RM 236 million.


1.) QR ended January 2024

RM 16,319 million.

Posted by Johnchew5 > 1 week 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 ( 4.94 % , RM 369 million)

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 > 1 week ago | Report Abuse

Hoho with more Loans n Borrowings .. Yinson cost Shl be increased..

And the return in USD conversion to RM is :

USD to MYR Chart
-9.23%
(1Y)
US Dollar to Malaysian Ringgit

Posted by Sslee > 1 week ago | Report Abuse

Never in my mind Mike-tikus is better than Philip in his own game of Top Glove, Harta and now Yinson

Yinson BOH CHOW CCCCCCCCCC AAAAAAAAAAAAAAAAAAAA !!🥶

Posted by Johnchew5 > 1 week ago | Report Abuse

>Referred to FY2024 Annual Report >

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


> QR ended July 2024 :

Treasury shares ( SBB ) : ? Unit ( ? % , RM 470 million )


👉Question: Why Spent so much money on SBB to push up the Price ? Where as EPF n KWAP rotating Cari Untung . The worst is loans n borrowings is keep increasing ?? 😱

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho only when I debated with u recently, i realised my posts in Harta on early 2022 was flagged to post removed. So worried, be mature in public forum .

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho 1st Volume play Case Study in HLT during which is LU 3 times in a week … 



2nd V.P Case Study in PA on 2021 with 2 objectives : 



👉 a) To share n learn Investment knowledge n skills as Newbie n ikanbilis. 



👉 b ) To Exposé kon man n actor… 


Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho still on going … Untung nya yummy ke :


Announced Date Change Type Shares Name

22 Oct 2024 17 Oct 2024 Disposed 1,001,000 EMPLOYEES PROVIDENT FUND BOARD

21 Oct 2024 16 Oct 2024 Disposed 425,200 EMPLOYEES PROVIDENT FUND BOARD

18 Oct 2024 15 Oct 2024 Disposed 50,000 EMPLOYEES PROVIDENT FUND BOARD

17 Oct 2024 14 Oct 2024 Disposed 192,100 EMPLOYEES PROVIDENT FUND BOARD

15 Oct 2024 10 Oct 2024 Disposed 100,000 EMPLOYEES PROVIDENT FUND BOARD

11 Oct 2024 08 Oct 2024 Disposed 455,503 EMPLOYEES PROVIDENT FUND BOARD

11 Oct 2024 08 Oct 2024 Disposed 472,000 EMPLOYEES PROVIDENT FUND BOARD

10 Oct 2024 07 Oct 2024 Acquired 310,700 EMPLOYEES PROVIDENT FUND BOARD

Posted by Sslee > 1 week ago | Report Abuse

Aiyoyo Mike-tikus must quickly save his post in Yinson otherwise someone will flagged to post removed🤪🤗🤭

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho then I will use Haha only post Facts n Figures as in YTLpower.. flagged will not be post removed.

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho or maybe he will back to his close forum .. as he said earlier??🤣

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho I read of his background in Insas during u r having fun on the TopGlove with Charles …

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson-Sumitomo secures USD670 million mini perm financing for FPSO Anna Nery

11 Aug 2021 — Sumitomo owns a 25% stake in the project. The deal has been positively received by the investment community with several banks expressing ...

Posted by Philip ( buy what you understand) > 1 hour ago | Report Abuse

And speaking of negative news, yinson selling 11% stake for 59m USD to Japanese investors.

https://themalaysianreserve.com/2024/10/22/yinson-production-completes-sale-of-minority-stake-in-fpso-anna-nery-to-k-line/


>>>
Question : the Profit generated from this FPSO Anna Nery since 1st oil on 7/5/2023 shl be deteriorating?

Posted by Sslee > 1 week ago | Report Abuse

Aiyoyo Mike-tikus Anna Nery Firm backlog (22.5 years): USD 5.7bn.
Yinson is still major shareholder of FPSO Anna Nery with equity stake of 63.2%.
Profit will still be in Yinson book only accounting
Profit attributable to:
Owners of the Company : 63.2%
Non-controlling interests 36.8 %

Posted by Sslee > 1 week ago | Report Abuse

The question you should ask is why dispose 11.8% stake of FPSO Anna Nery for 59m USD to Japanese investors?

By the way had you ask ALP why jaks did not take up the option of addition 10% equity of JHDP?

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho not like Armada , after FPSO Kraken 1st oil is delayed ard 1 year with impairment ard RM 1.6 billion.. the Boss still can support its Operation in Vietnam with his own private company, although he is failed in India Telco investment over RM 20 billion.

Armada :
Current Ratio 0.66
Debt-Equity (DE) Ratio 0.93
FCF Yield 8.99 %
Revenue QoQ -8.92 %
Revenue YoY 31.16%
Profit QoQ 10.57 %
Profit YoY 123.93 %
Profit Margin (Sector Median: 7.0) 21.96 %
ROE (ROIC: 4.47) 6.18 %

Yinson :
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.24 %
Revenue QoQ -3.25 %
Revenue YoY -29.03%
Profit QoQ 0.0 %
Profit YoY -2.4 %
Profit Margin (Sector Median: 6.5) 8.99 %
ROE (ROIC: 4.16) 10.24 %

Posted by CharlesT > 1 week ago | Report Abuse

https://www.yinson.com/highlights/YP-USD-1.035-billion-senior-secured-notes-to-refinance-FPSO-Anna-Nery/

The notes are fully amortising with a maturity of 18.2 years and were priced at a fixed coupon of 8.947%, payable semi-annually starting on 31 July 2024.

Coupon rate 8.947%...

Why issued at such a high rate?

Either the management is very smart to predict RM will be strengthen in years to come so they could pay less when they redeem their Bond then.....or mkt rated the bond as junk bond class?

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho oredi hinted to u , need to repeat :

1.) even Jaks is increased 30 % to 40 % on Vietnam Power Plant 1200 MW EPCC RM 8.7 billion…still is an associate company.. Revenue is not recorded in Jaks group !

Although Non Current Asset of Investment in Joint Venture is increased from :

> March 2016 = 128,297,000

TO

> June 2024 = 943 ,960,000


2.) Just a Business way of Give n Take although the Profit is Good .

3.) Now Jaks partner again with CPECC on LSS5 2000 MW , EPCC RM7.2 billion:

Jaks 51 % : CPECC 49 % , submitted tender 200 MW ( with intention up to limit 500 MW ) .. as an 51 % subsidiary company, Revenue Shl be recorded in Jaks group.

Let’s see tender award is scheduled to be announced on November 2024 …

—-

Posted by Sslee > 1 minute ago | Report Abuse

The question you should ask is why dispose 11.8% stake of FPSO Anna Nery for 59m USD to Japanese investors?

By the way had you ask ALP why jaks did not take up the option of addition 10% equity of JHDP?

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho how is FPSO Atlanta 1st oil by August 2024 progress , any progress update ? ( initially by February 2024 ! )

Let’s do an illustration if Delayed A Day :

"In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta, which includes a 15-year firm plus a five-year option contract for the supply, operations and maintenance with a total contract value of up to US$1.981 billion (US$1=RM4. 71),” it said in a joint statement.


USD 1.981 billion x 4.30 = RM 8.52 billion/ 15 years x 365 days

1st oil if delayed of 1 Day Shl incurred Revenue Loss = RM 1.56 million/ day

Another risk : Currency exchange rate USD to RM is dropped to 4.30 from 4.71 .

Posted by M3T0123 > 1 week ago | Report Abuse

Sir John,

This is updated as of yesterday by Brava Energia(Previously Enauta):

II. Atlanta

The Company hereby informs that it has received a letter from ANP scheduling the final inspection of the FPSO Atlanta’s measurement systems (Definitive System) between November 25 and 29, 2024. By the end of November, the Company will conclude the submission of the other conditions responses to ANP for the FPSO Atlanta’ start of operations. It is worth remembering that IBAMA has already issued the operating license for FPSO Atlanta in September. In parallel, the Company will start the decommissioning process of FPSO Petrojarl as of early November 2024.

The Company will keep its shareholders and the market in general informed of any relevant updates on the aforementioned topics, in accordance with the applicable regulations.

https://brazilenergyinsight.com/2024/10/21/brava-energy-update-on-papa-terra-nd-atlanta-fields/

No point arguing on FPSO Atlanta, however, you are not aware whether this is Yinson induced or other parties. We never know what Yinson will take their stance from Sept(Ibama licence approved) till first oil i.e. how they want their standby rate with FPSO Anna Nery.

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho Thanks on yr update …Forumer will be more interested on FPSO Atlanta 1st oil including Top platform facilities.

Posted by M3T0123 > 1 week ago | Report Abuse

Look at the bright side, it is almost imminent that FPSO Atlanta will be first oil by end of this year(just a matter of time).
Things should be more interesting:
1. How many buses/powerplants they want to build in the next 5 years?
2. With all the FCF, how they can reduce their moutain debts?
3. ......


All those questions will be answer starting 2 years from now....needs to be patient. no point hunting on Atlanta..look at the bigger picture...Mr. Lim will bring you to destination(road of weatlth)...haha..

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho I meant Production cost is increased due to Loans interest rate !😱


—-

Question : the Profit generated from this FPSO Anna Nery since 1st oil on 7/5/2023 shl be deteriorating?

Sslee
6,508 posts

Posted by Sslee > 1 hour ago | Report Abuse

Aiyoyo Mike-tikus Anna Nery Firm backlog (22.5 years): USD 5.7bn.
Yinson is still major shareholder of FPSO Anna Nery with equity stake of 63.2%.
Profit will still be in Yinson book only accounting
Profit attributable to:
Owners of the Company : 63.2%
Non-controlling interests 36.8 %

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho that’s why I had posted earlier let’s see the Debt can be reduced by end 2025 :

>QR ended April 2024 , Net Profit RM 203 million- RM 236 million ( increased of Loans n Borrowings) = - RM 33 million.

>> QR ended July 2024 , Net Profit RM 203 million- RM 3,025 million ( increased of Loans n borrowings) = - RM 2,822 million.😱



-

Yinson Loans n Borrowings:


3.) QR ended July 2024

RM 19,580 million


👉Compared Q to Q : is increased by RM 3,025 million.



2.) QR ended April 2024

RM 16,555 million.


👉Compared Q to Q : is increased by RM 236 million.


1.) QR ended January 2024

RM 16,319 million.

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho this is very Risky if Debt is keep increasing :

The delivery strengthens Yinson's long-term partnership with Petrobras, Yinson Production chief executive officer Flemming Grønnegaard said.

“We have been steadily growing our operations in Brazil over the past few years, and with FPSO Maria Quitéria joining our fleet, we look forward to further contributing to the country’s energy needs and help drive Brazil’s economic and communities’ growth,” he added.  

The group, via Yinson Production, has nine floating assets including two en-route for delivery, with a total order book of over US$22 billion (RM94.69 billion) lasting until 2048.

Of the two vessels, FPSO Atlanta, which is serving client Enauta, is still awaiting go-ahead for first oil, according to news reports in September. That 50,000-bpd vessel arrived in the Atlanta field offshore Brazil in May, and was initially expected to be commissioned in February this year.

Another FPSO, the 120,000-bpd Agogo for client Azule Energy is expected to be completed by 2025 for commissioning by 2026, according to Yinson's investor presentation.