YINSON HOLDINGS BHD
KLSE (MYR): YINSON (7293)
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Last Price
2.42
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Analysis
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
2.42
Avg Target Price
3.56
Upside/Downside
+1.14 (47.11%)Price Call
0
SELL
0
HOLD
33
BUY
| Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
|---|
Discussions
4 people like this. Showing 50 of 3,306 comments
Surprisingly not much news on this here, and no announcement on Bursa about this either.
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Yinson through its offshore production business unit, Yinson Production ("YP") has acquired 100% of the issued capital of London Marine Group Limited (LMG), the sole owner of London Marine Consultants ("LMC").
LMC, one of the few companies to have designed and provided production turret mooring and swivel systems , was appointed to work on the mooring system and turret mooring, respectively for FPSO (“Floating Production Storage and Offloading”) Atlanta and FPSO Helang. Additionally, they have provided engineering services related to mooring and risers for our spread moored unit, FPSO Anna Nery.
Established in 1990, LMC ranks among the top five global providers in the design and provision of turret mooring systems for offshore production vessels such as FPSOs, FSRUs (“Floating Storage and Regasification Unit”), FLNGs (“Floating Liquefied Natural Gas”) and FSOs (“Floating Storage and Offloading” More recently, this expertise has been used to provide similar expertise to the Floating Wind, Tidal and Wave Energy Sectors.
As a result of the extensive experience and expertise developed in the mooring industry, LMC can also offer its clients wide-ranging engineering consultancy services.
Chief Executive Officer of YP Flemming Grønnegaard commented on the acquisition, “LMC brings a wealth of knowledge and expertise that will greatly benefit our offshore production business unit. Having them onboard will enhance our in-house mooring and swivel capabilities and reinforce our leadership in the FPSO industry.”
Managing Director of LMC Jon Dunstan commented: “The acquisition marks a new beginning for LMC, allowing us to expand our operations and services, and solidify our market presence. We look forward to contributing our industry knowledge while continuing to provide high-quality services to our current and future customers.”
1 month ago
The acquisition should have a positive impact moving forward, as for FPSOs with turrets designed in house, Yinson will experience better margins. And if they continue to do turret designs for third-party FPSOs, then it will contribute to both the topline/bottomline.
Yinson is moving up the value chain with this acquisition.
1 month ago
nikicheong
I think they are gunning for their wind energy side, not so much on the turret.
1 month ago
On 17 February 2023, ENI Angola S.P.A. has entered into an agreement with YAPPL to further extend the tenure of the APA from 20 February 2023 to 28 February 2023 (“APA Extension”). Save for the extension of the tenure and the estimated aggregate value, the terms under the APA remain unchanged and applicable to this APA Extension.
1 month ago
The estimated aggregate value of the APA is approximately USD 310 million (equivalent to approximately RM1,374 million), subject to the terms and condition of the APA.
1 month ago
On 5th December
A summary of the salient terms of the APA is as follows:
a) The tenure of the APA is for a period of 60 days or approximately two (2) months from the Effective Date of the APA.
b) The estimated aggregate value of the APA is approximately USD218 million (equivalent to approximately RM956 million), subject to the terms and condition of the APA.
1 month ago
Extended by another 8 days
But, what kind of Msia company does a RM 1.374B contract in a matter of 3 months?
WOW
1 month ago
Yinson GreenTech invests in Zeabuz for Maritime Autonomous Solutions
Posted Date: 20 Feb, 2023
Yinson GreenTech (“YGT”) has announced its strategic investment in Zeabuz, a Norwegian startup specialising in autonomous solutions for the maritime industry.
The investment provides the foundation for YGT to work closely with Zeabuz in the development of autonomous solutions for YGT’s future fleet of electric vessels.
1 month ago
Yinson is pleased to announce that, on 27 February 2023, Yinson Azalea Production Pte Ltd and Yinson Azalea Operações Angola - Prestação de Serviços, (SU), LDA, each an indirect wholly owned subsidiary of Yinson, have entered into the Contract with Eni for the provision of a floating, production, storage and offloading vessel to be deployed for the Agogo Integrated West Hub Development Project, located in the West Hub part of Block 15/06 in Angola (“Agogo FPSO”) to process hydrocarbons; and provision of operation and maintenance services for the Agogo FPSO respectively.
Pursuant to the Contract, the term of the charter is for a fixed period of 5,479 days or approximately 15 years, with the option to extend the term of the charter for up to five (5) years thereafter. The estimated aggregate value of the Contract is approximately USD5.3 billion or equivalent of RM23.6 billion (inclusive of an optional 5 years extension period).
3 weeks ago
Hopefully Yinson take a chill pill soon. Give Bumi Armada some chance also lah!
3 weeks ago
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.
3 weeks ago
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
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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
3 weeks ago
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 ….
2 weeks ago
EPF and KUMPULAN WANG PERSARAAN start selling Yinson. Better avoid Yinson now.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334423
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334045
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334046
2 weeks ago
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
2 weeks ago
Managed to buy back warrants sold earlier, and continue to add to mother share position, good luck
2 weeks ago
It looks like it wants to test support at 2.60 before breaking 2.700 multi-weeks resistance. Mother share still small movements, solid
2 weeks ago
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%.
1 week ago
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
1 week ago
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.
1 week ago
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
6 days ago
For good karma I added some Armada yesterday...not sure what it means but since Karma so happening in Armada thread lol
6 days ago
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
3 days ago
@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...
3 days ago
@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
2 days ago
@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.
2 days ago
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UncleFollower
For all practical purposes you can disregard KWAP's move. If you want to, you can watch EPF (internal fund management). EPF has been a strong supporter of Yinson from the very beginning and they are in it for the long term. EPF's external fund managers on the other hand may buy/ sell depending on market sentiment
1 month ago