YINSON HOLDINGS BHD

KLSE (MYR): YINSON (7293)

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Last Price

2.35

Today's Change

-0.07 (2.89%)

Day's Change

2.35 - 2.47

Trading Volume

4,720,400

Financial

Financial Year 2020


Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
Discussions
4 people like this. Showing 50 of 3,315 comments

UncleFollower

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

UncleFollower

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

UncleFollower

This strongly suggests a larger upfront payment than analysts expect.

1 month ago

rl68

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

Permutation

MBB research raised TP again ??

4 weeks ago

UncleFollower

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

UncleFollower

Why buy Velesto, Armada, when there is Yinson?

3 weeks ago

UncleFollower

Yinson NEVER disappoints

3 weeks ago

BursaVulture

云升.... up up and away

3 weeks ago

cbkia4896

parking reminder

3 weeks ago

nikicheong

Hopefully Yinson take a chill pill soon. Give Bumi Armada some chance also lah!

3 weeks ago

Bon888

Hey Armada is coming. Check out Armada.

3 weeks ago

i3lurker

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

calvintaneng

Posted by i3lurker > 7 minutes ago | Report Abuse

Yinson holdings berhad poor 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

cruger12345

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 ….

3 weeks ago

peepduck

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

UncleFollower

Managed to buy back warrants sold earlier, and continue to add to mother share position, good luck

2 weeks ago

UncleFollower

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

i3gambler

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%.

2 weeks ago

Robert Waters

It has to hurt. 0.06 drop despite agogo success.

2 weeks ago

UncleFollower

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

2 weeks ago

peepduck

Steady je...

1 week ago

Robert Waters

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

UncleFollower

Tis the premium to pay for quality, stability, management, etc...

1 week ago

UncleFollower

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

1 week ago

UncleFollower

For good karma I added some Armada yesterday...not sure what it means but since Karma so happening in Armada thread lol

1 week ago

peepduck

Steady like a rock..

1 week ago

7210

how will the US banks collapse affect Yinson?

1 week ago

UncleFollower

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

5 days ago

joaco54

Win win for Yinson

5 days ago

mf


US 30
31,554.00 -308.0 -0.97%
US 500
3,889.00 -27.6 -0.71%

5 days ago

zhexiangxd

why epf keep disposing if it is good counter?

5 days ago

hhhiii123

@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...

5 days ago

UncleFollower

@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

4 days ago

UncleFollower

@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.

4 days ago

Fabien _the efficient capital allocator

Erm...FPSO orderbook of RM97.3 billion

2 days ago

rl68

Yinson has been recognised as a ‘ESG Industry Top Rated Company’ by global ESG Risk Rating agency, Morningstar Sustainalytics. This prestigious recognition reflects Yinson’s strong performance in environmental, social and governance (ESG) aspects, as well as its commitment to sustainability.

1 day ago

rl68

FPSO : First oil
Anna Nery: April 2023
Atlanta: Jun 2024
Maria Q.: Jun 2025
Agogo: March 2026

1 day ago

novel23

last minute gap down 2.39-->2.35
hmmm...

1 day ago

UncleFollower

@rl68

Maria Q.: Jun 2024 not 2025, similar timeline as Atlanta + quarter ended Jan'23 showed progress ahead of schedule

Agogo: EPCIC to be recognised from FY2Q24 (Jun-Aug'23)

Anna Nery: Secured additional US$50k/day rate

Maria Q: has same contract clause as Anna Nery, potentially will secure +US$50k/ day rate

1 day ago

UncleFollower

@novel23

last Friday last inute gap down 2.48-->2.41

1 day ago

UncleFollower

When it's doing everything right, and share price moves this way, it's not in a good place. What else can Yinson do? We can only wait.

1 day ago

novel23

price doesn't seem to reflect value nowadays
i sold off my load @2.66 few weeks ago and re-enter yesterday, think need to observe a few months before rise

1 day ago

hhhiii123

qr with tripple profit but declare 1 sen dividend only, O&G just a cheap industry for speculation only lol

1 day ago

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