jjohnchew

Hoho Repost from Jtiasa :


Hoho interesting lo on Current Ratio comparison:

JAKS :
Current Ratio 1.04


Yinson :
Current Ratio 0.64


PMCORP:
Current Ratio 1.42


Insas:
Current Ratio 6.19


Jtiasa:
Current Ratio 2.73

SuburTiasa:
Current Ratio 0.27


Rsawit:
Current Ratio 0.15


TSH :
Current Ratio 2.19


Inno :
Current Ratio 1.22


Kimloong:
Current Ratio 3.44


FGV :
Current Ratio 1.11


SDG :
Current Ratio 1.18

14 hours ago

Huangbk72

Aiyoyo Miketikus

U claim your current ratio 0.64 is correct while Yinson management current ratio 1.57 is wrong

Very brave claim. U can prove ?

If not, look like an ideeot 🤣

13 hours ago

jjohnchew

Hoho don’t play play lo .. Phillippe story teller will tell how Big on the economic moat of Yinson lo …but why ah Yinson n Armada Current Ratio is Low …


Yinson :
Current Ratio : 0.64
Market Cap : 7.7 billion


SDG :
Current Ratio : 1.18
Market Cap : 34.4 billion


Inari :
Current Ratio : 9.1
Market Cap : 10.0 billion


Armada :
Current Ratio : 0.66
Market Cap : 4.0 billion


Dayang :
Current Ratio : 2.31
Market Cap : 2.4 billion


MISC :
Current Ratio : 1.81
Market Cap : 32.1 billion

13 hours ago

jjohnchew

This article first appeared in The Edge Malaysia Weekly on June 24, 2024 - June 30, 2024

It is always a concern when a company’s financial accounts are unclear, causing those perusing the document — which would include bankers, creditors, shareholders and investors — to question the numbers. The primary objective of a company’s financial statements is to present a true and fair view of its performance and position.

The statements should minimise ambiguity and be easily digested by users who presumably have a basic understanding of accounting and finance.


It was only earlier this month that oil and gas player Serba Dinamik Holdings Bhd was delisted from Bursa Malaysia, after grappling with accounting issues since May 2021. It had an impressive earnings track record until reporting irregularities eventually surfaced.

As a result of this and other misadventures by a few oil and gas companies, banks are shying away from funding the sector.
However, it came as a surprise that Yinson Holdings Bhd’s (KL:YINSON) latest financial results had caused anxiety and uncertainty among the analysts who cover the company’s stock. After all, with a market capitalisation of close to RM7.5 billion, Yinson is one of the more respected players and among the success stories in the local oil and gas sector.

One research house’s report on Yinson’s financials mentions “Using financial tools to boost equity returns” while a bank-backed research outfit says, “We have stripped off RM151 million EPCIC (engineering, procurement, construction, installation and commissioning) earnings in arriving at our core profit. We believe Street estimates may not be a good comparison as other analysts regard Yinson’s EPCIC earnings as core profit.”

Another research house notes that Yinson’s “IFRS accounting distortion is growing alongside its leverage”, which could lead to confusion among investors.

Although analysts who cover the company’s stock mostly have a positive view of Yinson, the group’s accounting policy or treatment for certain aspects of its operations can be disquieting.

Surely, Yinson can do better with its financial reporting.

13 hours ago

jjohnchew

Hoho let’s see our Local Solar RE industry one of the Main Player.. on LSS n CGPP projects .. n Indonesia and Taiwan projects financial ratios :

Today, Solarvest has developed renewable energy portfolio exceeding 1,300MW, encompassing ongoing and completed projects.

Solarvest, GreenRock to develop 1GW green energy projects in Taiwan, Malaysia
By
24 Jun 2024, 05:36 pm

Solarvest Holdings has partnered with Taiwanese renewable energy (RE) player GreenRock Energy to develop one-gigawatt (GW) green energy projects in Taiwan and Malaysia, in the next five years.


Solarvest successfully installs largest floating solar farm in Selangor
October 6, 2020

Solar photovoltaic (“PV”) system specialist, Solarvest Holdings Berhad has successfully installed and commissioned a 13.0 mega-watt peak (MWp) large-scale floating solar plant in Dengkil, Selangor. The plant is one of its kind in Malaysia and is now the largest floating solar farm to be commissioned thus far.

Solarvest:


Current Ratio 0.27
Debt-Equity (DE) Ratio 1.23
FCF Yield -1.16 %
Revenue QoQ 43.02 %
Revenue YoY -25.73%
Profit QoQ 17.28 %
Profit YoY 28.06 %
Profit Margin (Sector Median: 6.0) 9.18 %
ROE (ROIC: 8.19) 14.0 %
Dividend Per Share (DPS) 0.0 sen
Dividend Yield (DY) 0.0 %

But Why recently PP for funding CGPP 30 MW Solar project.. only able to raise Half of the Targeted funds .

12 hours ago

Huangbk72

Aiyoyo Miketikus biggest liar in i3

U claim your current ratio 0.64 is correct while Yinson management current ratio 1.57 is wrong


https://www.yinson.com/ratio-analysis/

Very brave claim. U can prove ?

If not, look like an ideeot 🤣

12 hours ago

Sslee

Any decent person will make correction if face with the hard fact.
Only those 厚脸无耻小人 will keep spinning.

12 hours ago

jjohnchew

Hoho KonLee 1st Lies :
an “ Attention Seeker “ .., approached my Question 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Callvin whom invested RM 5000 …


Then KonLee said StockRaider Win 1 Myvi in Netx RI .. StockRaider said Win 2 Myvi… both blowing bla bla bla Klon the Wayang Script on Insas and WC …

After KonLee posted in Netx , his Kon gang in Tunepro, Hengyuan, Petronm started to promote Netx … will post n delete own posts …..beware .


—-

Posted by Sslee > 3 minutes ago | Report Abuse

Any decent person will make correction if face with the hard fact.
Only those 厚脸无耻小人 will keep spinning

12 hours ago

jjohnchew

Hoho is a Kon 厚脸无耻小人 ?

Previously always talk abt chinese culture..but CNY did not fly back to home town , even mumm is just out from icu …

Hoho no wander le .. movies also said :

做老_的 六親不認

11 hours ago

Huangbk72

This Miketikus is born a liar.. One day no lies, he falls sick.

Even when Yinson current ratio posted on website clearly indicated 1.57, Miketikus still argues its 0.64

Scary man this type of people.. Only post fake facts and when corrected, wont admit

Posted by Sslee > 15 minutes ago | Report Abuse

Any decent person will make correction if face with the hard fact.
Only those 厚脸无耻小人 will keep spinning.

11 hours ago

jjohnchew

Hoho Remember Do 3 Own : Own Homework, Own Analysis and Own DecisionS as only you know your Risk level .

DecisionS: is changed Upon new information, new facts n figures.

As I had posted earlier on Nestle Moat :

1.) Nestle : Moat on ROE

ROE (ROIC: 59.2) 85.93 %
Dividend Per Share (DPS) 233.0 sen
Dividend Yield (DY) 2.32 %

Only those bought 15 years ago shl benefited the most …and is not a Best Buy now ..

And with information that the CEO Mark Schneider is replaced on August 2024 due to weak sales growth and worries about slowing product development.

8 hours ago

jjohnchew

Hoho Nestle :

Current Ratio 0.61
Debt-Equity (DE) Ratio 4.52
FCF Yield 0.26 %
Revenue QoQ -5.06 %
Revenue YoY -18.4%
Profit QoQ -8.75 %
Profit YoY -36.12 %
Profit Margin (Sector Median: 8.3) 8.12 %
ROE (ROIC: 59.2) 85.93 %
Dividend Per Share (DPS) 233.0 sen
Dividend Yield (DY) 2.56 %

8 hours ago

Huangbk72

Aiyoyo Miketikus biggest liar in i3 trying to spin and divert.. talk about real Yinson current ratio, not your fake facts.

U claim your current ratio 0.64 is correct while Yinson management current ratio 1.57 is wrong


https://www.yinson.com/ratio-analysis/

Very brave claim. U can prove ?

If not, look like an ideeot 🤣

7 hours ago

Bullrun18

Immediate Announcement of Changes in Treasury Shares
YINSON HOLDINGS BERHAD

Date of transaction 23 Jan 2025
Currency Malaysian Ringgit (MYR)
Type of changes Cancellation
Total number of treasury shares changed (units) 128,301,749
Total number of treasury shares held after the resale or transfer 0
Adjusted issued capital after cancellation (no. of shares) (units) 3,079,287,282

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3518709

7 hours ago

Bullrun18

Cumulative net outstanding treasury shares as at to-date (units) 173,036,651

Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 5.61937

7 hours ago

Bullrun18

Adjusted issued capital after cancellation (no. of shares) (units) 3,079,287,282

The company still have plenty room for share buy back 4.38% of total issued share is 134,872,783 !

7 hours ago

Bullrun18

Posted by Bullrun18 > 4 days ago | Report Abuse

Very simple if reached 10% the company can cancel the treasury share is depend on how many the company want to cancel.

7 hours ago

john888

After cancellation of the treasury shares investors share in hand value gained 4% immediately .

Posted by john888 > 3 weeks ago | Report Abuse

FYI they wouldn't sale the treasury shares to an institution !

Posted by john888 > 3 weeks ago | Report Abuse

They will either keep it or cancel it

7 hours ago

jjohnchew

Hoho no worries.. judging from FY24 until Today record… Shl be another round of Treasury Shares cancellation… wasting another ard RM 200 million on SBB within 12 months..

Question : Where is the Money from ???


Posted by Bullrun18 > 24 minutes ago | Report Abuse

Adjusted issued capital after cancellation (no. of shares) (units) 3,079,287,282

The company still have plenty room for share buy back 4.38% of total issued share is 134,872,783 !

6 hours ago

JediMaster1

Pokia Miketikus here is the very clear and flash evidence that how you this pokia twist and change usd 784,500,000 of 78% for General corporate purposes of the YPOPL Group to usd 784,500,000 78% for Expansion of renewable energy business !

I shame on you big liars here !

Posted by jjohnchew > 32 minutes ago | Report Abuse

Hoho Thanks for the information..

Let’s see :

i) Within 18 months 
784,500,000 
78.0% 
Expansion of renewable energy business


Yinson Renewables :

Site investigation : 3700 MW

Projects secured : 1032 MW ( 2 to 5 years to COO ( construction, own n operate) ) .

Construction: 540 MW


Posted by john888 > 9 hours ago | Report Abuse

UTILISATION OF PROCEEDS
The Subscription Price is intended to be utilised by YHB and its group of companies (collectively, the “Group”) in the following manner:
Description

Estimated timeframe for utilisation from the receipt of funds In USD 1,000,000,000



General corporate purposes of the YPOPL Group
(i) Within 18 months
784,500,000
78.0%


Expansion of renewable energy business
(ii) Within 18 months
60,000.000
6.0 %


Expansion of green technology business
(iii) Within 18 months
20,000,000
2.0 %


Repayment of bank borrowings
(iv) Within 18 months
20,000,000
2.0 %


Working capital for the Group
(v) Within 18 months
70,000,000
7.0 %


Distribution to shareholders of YHB through share buy-back and dividends
(vi) Within 18 months
30,000,000
3.0 %


Estimated expenses relating to the Proposed YPOHL And RCPS Issue
(vii) Within 12 months
15,500,000
2.0 %

Total
1,000,000,000 ( USD )
100 %

6 hours ago

JediMaster1

Pokia miketikus

The Expansion of renewable energy business (ii) Within 18 months is usd 60,000.000 6.0 % of the fund NOT AS YOU SAID is usd 784,500,000 of 78% you are shameless big liar here trying to con and cheating here !!!!!!!!

Posted by Huangbk72 > 5 hours ago | Report Abuse

This Miketikus is born a liar.. One day no lies, he falls sick.

Even when Yinson current ratio posted on website clearly indicated 1.57, Miketikus still argues its 0.64

Scary man this type of people.. Only post fake facts and when corrected, wont admit

Posted by Sslee > 15 minutes ago | Report Abuse

Any decent person will make correction if face with the hard fact.
Only those 厚脸无耻小人 will keep spinning.

I am totally agreed what Huangbk72 said .

6 hours ago

jjohnchew

Hoho oredi said just a TinKosonggang … JediMasker … even cannot read n understand from John888 post .. 🤣🤣🤣🤫


—/

Posted by JediMaster1 > 2 minutes ago | Report Abuse

Pokia Miketikus here is the very clear and flash evidence that how you this pokia twist and change usd 784,500,000 of 78% for General corporate purposes of the YPOPL Group to usd 784,500,000 78% for Expansion of renewable energy business !

I shame on you big liars here !

Posted by jjohnchew > 32 minutes ago | Report Abuse

Hoho Thanks for the information..

Let’s see :

i) Within 18 months 
784,500,000 
78.0% 
Expansion of renewable energy business


Yinson Renewables :

Site investigation : 3700 MW

Projects secured : 1032 MW ( 2 to 5 years to COO ( construction, own n operate) ) .

Construction: 540 MW


Posted by john888 > 9 hours ago | Report Abuse

UTILISATION OF PROCEEDS
The Subscription Price is intended to be utilised by YHB and its group of companies (collectively, the “Group”) in the following manner:
Description

Estimated timeframe for utilisation from the receipt of funds In USD 1,000,000,000



General corporate purposes of the YPOPL Group
(i) Within 18 months
784,500,000
78.0%


Expansion of renewable energy business
(ii) Within 18 months
60,000.000
6.0 %


Expansion of green technology business
(iii) Within 18 months
20,000,000
2.0 %


Repayment of bank borrowings
(iv) Within 18 months
20,000,000
2.0 %


Working capital for the Group
(v) Within 18 months
70,000,000
7.0 %


Distribution to shareholders of YHB through share buy-back and dividends
(vi) Within 18 months
30,000,000
3.0 %


Estimated expenses relating to the Proposed YPOHL And RCPS Issue
(vii) Within 12 months
15,500,000
2.0 %

Total
1,000,000,000 ( USD )
100 %

6 hours ago

jjohnchew

Hoho until now this TinKosongJedi did not posted any facts n figures to support Yinson …

Only lying n twisting then deleted the posts :

👉Why yr posts only started on end August 2024 … after bullshittting without facts n figures own deleted …


Member since 2017-05-15 le ..🤣😅🤫

6 hours ago

jjohnchew

Hoho TinKosongLeader Kon ss lees u did not message Jedi ke like u given JAKS FCF lists to TinKosongkonPetHuangbk …🤣🤣🤣

6 hours ago

Huangbk72

Aiyoyo Miketikus biggest liar in i3 trying to spin and divert.. talk about real Yinson current ratio, not your fake facts.

Still pusing2 and avoid.. U think everyone post gibberish like you? 🤣🤣🤣

U claim your current ratio 0.64 is correct while Yinson management current ratio 1.57 is wrong


https://www.yinson.com/ratio-analysis/

Very brave claim. U can prove ?

If not, look like an ideeot 🤣

6 hours ago

jjohnchew

Hoho why MrHuangbk is banned permanently just few months ago ? Too many abusive/ similarly aka id posted abusive n unethical contents threads …😅😅🤣

6 hours ago

ghlzvaxp9970

https://e2s.in/sKKSlRJzG

6 hours ago

ghlzvaxp9970

https://e2s.in/sgvZBBLGN
https://e2s.in/sS8QYwJ5E
https://e2s.in/sV8KDF9bv

6 hours ago

jjohnchew

Hoho TinKosongLeader Kon ss leee earlier yr paid Macai joined Kacukan Tippu gang Tippu newbies membership fee RM 100 wow ..

Remember you always called “ Ularsawa come to ROI competition forum “ to rescue u !!! 😅😅😅🤫

6 hours ago

jjohnchew

Posted by jjohnchew > 48 minutes ago | Report Abuse

Hoho TinKosongLeader Kon ss leee .. referring to Yinson QR October 2024 :

What are the figures of following items :

1.) Inventories

2.) Trade n Other Receivables

3.) Cash n Cash Equivalents

4.) Cash n Cash Equivalents that were restricted based on the respective requirements of the lenders n bond holders .

5.) Cash n Cash Equivalents classified as asset held for Sale .

6.) Current Liabilities

6 hours ago

jjohnchew

Hoho Repost:

Hoho TinKosongkonPetHuangbk follow Leader Kon ss leee deleted the previous posts ke :

Member since 21/11/2013 … but posts only started from 29/6/2021 as Pretending Negative Commentator in Serba ..🤣🤣🤣🤫

Deleted posts included during Promoted PMCORP on Nov 2013 blowing TP Rm 2.00 .. see the Value wow hold for Long Term wow .. today price RM 0.13 !!🤫


—-


Hoho posted on Nov 2013 in PMCORP.. then Loss hibernated more than 7 years since 2014 .. woke up by Kon Bobaxelrod both as Pretending Negative commentator in Serba on 2021 ..🤣🤫

6 hours ago

john888

General corporate purposes of the YPOPL Group (i) Within 18 months is usd 784,500,000 is 78.0% of the 1,000,000,000 RCPS fund is for company to expanding the FPSO business .


Expansion of renewable energy business (ii) Within 18 months usd 60,000.000 is 6.0 % of 1,000,000,000 RCPS fund .

6 hours ago

Philip ( buy what you understand)

Now new story again... So do share buyback and cancel treasury shares also become bad thing. And now you ask where money come from, I thought you know how to calculate? 200 million usd for company to do share buyback come from where?

>>>>>>
jjohnchew

Hoho no worries.. judging from FY24 until Today record… Shl be another round of Treasury Shares cancellation… wasting another ard RM 200 million on SBB within 12 months..

Question : Where is the Money from ???

5 hours ago

Philip ( buy what you understand)

Why wasting when it is beneficial to shareholders when nosh reduce? Of course earnings per share increases and dividend yield goes up

5 hours ago

Sslee

The 200 million USD dollar question.

Repost:
Jan 22, 2025 8:00 AM | Report Abuse
No worries I will hold the BOD accountable, responsible and answerable for what is minuted in 2024 AGM:
EBITDA is expected to reach about USD 1 billion annually from 2026.

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

5 hours ago

john888

The usd 200 millios is not only for share buyback .

The proceeds are intended to be used to support Yinson Producfion’s further growth and USD 200 million to Yinson Holdings Berhad to grow the Group’s energy transifion businesses and return of capital to shareholders .


Posted by john888 > 10 hours ago | Report Abuse

Distribution to shareholders of YHB through share buy-back and dividends is Usd 30 millions not 200 millions Usd .

The company wouldn't spend usd 200 millions from RCPS fund for share buy back .

5 hours ago

Sslee

The only reason I do not like SBB is without SBB most likely my luck will be brighter in collecting Yinson cheap cheap.

5 hours ago

JediMaster1

This is the best evidence proved that Yinson is good listed company they cancel the treasury share, those bad listed company what they do is dump the treasury share in market 😂

Posted by Bullrun18 > 2 hours ago | Report Abuse

Immediate Announcement of Changes in Treasury Shares
YINSON HOLDINGS BERHAD

Date of transaction 23 Jan 2025
Currency Malaysian Ringgit (MYR)
Type of changes Cancellation
Total number of treasury shares changed (units) 128,301,749
Total number of treasury shares held after the resale or transfer 0
Adjusted issued capital after cancellation (no. of shares) (units) 3,079,287,282

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3518709

4 hours ago

Bullrun18

All the best to Yinson share holder ..... Yinson will start REBOUND !

Posted by Bullrun18 > 1 day ago | Report Abuse

Attractive sale price this two days i add some more @ 2.37 hope all the best cheers 🍻

4 hours ago

Sally15

Hi

4 hours ago

jjohnchew

Update :

President Trump says he will declare a "national energy emergency" as one of his first acts as president, pledging to support the domestic production of fossil fuels.

👉 "We will drill, baby, drill," he said during his inauguration speech. "We will be a rich nation again and it is the liquid gold under our feet that will help us do it."

—

Hoho Trump will take office at the presidential inauguration on Monday, 20 January 2025 … more Shale oil well shl be reopen…

And

Oil shale in China is an important source of unconventional oil. A total Chinese oil shale resource amounts of 720 billion tonnes, located in 80 deposits of 47 oil shale basins. This is equal to 48 billion tonnes of shale oil.[1]At the same time there are speculations that the actual resource may even exceed the oil shale resource of the United States.

4 hours ago

jjohnchew

Hoho China is ramping up Shale oil production due to shipping rates surge .. shl this affect Yinson Africa market ???


Oil shipping rates surge after US sanctions hit availability
By
January 14, 2025


* VLCC rates for Mideast to China up 39% since Friday
* Shipping costs for Russian ESPO Blend to China more than double - S&P Global
* Fleet tightness could worsen if shadow fleet seeks new vessels - Kpler

Sinopec raises output from east China shale oil field
By Reuters
October 16, 2024


SINGAPORE, Oct 16 (Reuters) - Sinopec
is advancing development of shale oil at its pilot project Jiyang in east China, now pumping 1,600 metric tons per day (11,680 barrels per day), up from 100 tons in 2021, the state oil and gas group said on Wednesday.

At this rate, Sinopec is on track to deliver a target set in 2022 to produce 500,000 tons a year in 2025 at Jiyang, which is situated mostly in Shandong province and covers 7,300 sq km (1.8 million acres).


Following a call from the central government to boost domestic energy security, China's national oil companies are making greater efforts to tap hard-to-extract shale deposits to help compensate for older, fast-depleting conventional oilfields.


Currently Jiyang has 36 wells that each pump more than 100 tons a day, with the Fengye 1-1HF well having the highest daily output of 262.8 tons, Sinopec said.


The Jiyang shale oil zone, part of the ageing conventional Shengli oilfield, has an estimated shale oil resource of 10.5 billion tons, of which 1.73 billion tons have been identified as prospective reserves, Sinopec said.

4 hours ago

jjohnchew

QR October 2024 :

Hoho USD 49 million is ard RM 210 million.. QR ended October 2024 with Profit RM 200 million and Total Loans n Borrowings is Reduced by RM 207 million.

…just keep selling assets n FPSO equities in order Account book looks Good le ….

no worries le .. FPSO Maria is First Oil on October 2024 .. now can start Refinancing also ….

Refinancing on October 2024 sold 11.8 % equity of FPSO Anna Nery … ownership is reduced from 75 % to 63.2 % !😱

22/10/2024 : K Line own 11.8 % with USD 49 million.


Yinson divests its offshore support vessel business for RM160mil
By DIYANA ISAMUDIN
September 1, 2024 @ 2:59pm


>>

Besides issuing perpetual sukuk wakalah amounting to RM640 million in March, the group also secured a US$500 million five-year senior secured bond in the Nordic bond market. Part of the proceeds from the latter were utilised to repay corporate loans amounting to US$431.8 million.


On April 30, Yinson completed US$1.3 billion in debt financing for FPSO Agogo. A month later, it placed out US$1.035 billion in non-recourse, senior secured notes to refinance FPSO Anna Nery. It has an 18.2-year maturity, with a fixed coupon of 8.947% that is payable semi-annually.

4 hours ago

jjohnchew

Hoho only borrow money to SBB lo as Short of Expenses funds : 😱


Hoho Recap :

Hoho including projected Revenue from FPSO Agogo , Atlanta , Maria and Anna Nery as posted earlier :

Hoho just to simplify the illustration:

👉 Yearly Revenue USD 883.56 million x 4.5 = RM 3976 million / year .


QR October 2024 : Revenue RM 1900 million, ie 50 % contribution from FPSO Anna Nery … >>> 1900/2 x 4 = RM 3800 million/ year .

Total Revenue/ year = RM 7776 million

👉 Gross Profit 40 % =. RM 3110.4 million


Administrative Expenses RM 185 m x 4 = RM 740 m / year …


QR October 2024 Total Loans n Borrowings RM 19.37 billion >> interest expenses x 0.09 = RM 1743.3 million/ year .


👉 Total Loans to be paid in 25 years = RM 774.8 million/ year


👉Total expenses ( excluded Hedge , SBB ) / year = RM 3258.1 million


👉👉Total Expenses / year - Total Gross Profit / year = RM 147.7 million , ie : SHORT of Expenses Fund RM 147.7 million.



>>> : As 60 % of Term Loans per QR January 2024 is maturity between 2 to 5 years..

👉Total Loans to be paid in 10 years = RM 1937 million/ year


Total expenses ( excluded Hedge , SBB ) / year = RM 4,420.3 million


👉👉 Total Expenses / year - Total Gross Profit / year = RM 1310 million , ie : SHORT of Expenses Fund RM 1310 million.

4 hours ago

Sally15

Hi

3 hours ago

jjohnchew

Middle East Oil Benefits As China Buys Less African Crude | OilPrice.com
17 Jul 2024 — Chinese imports of African crude grades has waned as Chinese importers are now relying more on steady supply of Middle Eastern crudes.

3 hours ago

jjohnchew

Global Shipping Market Faces Turbulence as Tanker Rates Surge on China Routes

2 days ago — A VLCC moving from the US Gulf to China was booked last week for $9.5 million, distinctly higher than the low-$7 million range seen in previous ...


Illustration:

A VLCC can ship 2 million barrels of oil … increase of USD 2.5 million = USD 1.25 / barrel.

ie : 1.25 / 4 is increased by 31 % !😱


—

Middle East crude benchmarks rallied for a second session on Tuesday, with premiums for Dubai, Oman and Murban rising towards $4 a barrel to Dubai quotes, the highest levels in more than a year, Reuters data showed.

3 hours ago

JediMaster1

Pokia miketikus do you know what is Time charter rate of Yinson FPSO and firm contract if you don't know go and find out what is firm contract , do the oil price up or down can affect firm contract if you don't understand go and find out your self .

Don't let me look down you ! you are here is very good to created fake news and twist the fact n figures !

Posted by john888 > 4 days ago | Report Abuse

Time charter rate of Yinson FPSO

1. Fpso Agogo usd 850,000 a day ( fisrt oil last quarter 2025 ) ( firm contract usd 4.6 b / 15 years from fist oil )

2. ⁠Fpso Maria Quiteria usd 642,000 a day ( first oil 21 oct 2024 )( firm contract usd 5.2 b /22.5 years from fist oil )

3. ⁠Fpso Atlanta usd 315,000 a day ( first oil 31 dec 2024 )( firm contract usd 1.7 b / 15 years from fist oil )

4. Fpso Anna Nery usd 610,000/ 63.2 % = usd 386,000 a day ( first oil may 2023 ) ( firm contract usd 5.5 b / 25 years from first oil )




Posted by jjohnchew > 1 hour ago | Report Abuse

Global Shipping Market Faces Turbulence as Tanker Rates Surge on China Routes

2 days ago — A VLCC moving from the US Gulf to China was booked last week for $9.5 million, distinctly higher than the low-$7 million range seen in previous ...


Posted by jjohnchew > 2 hours ago | Report Abuse

Hoho China is ramping up Shale oil production due to shipping rates surge .. shl this affect Yinson Africa market ???

1 hour ago

JediMaster1

Pokia miketikus this is another evidence prove that is you cannot read and understand what is john888 post or is you try to twist what is john888 post ???

Shame on you coz too many evidence prove that you are big liar and big con @ i3

Posted by john888 > 4 hours ago | Report Abuse

General corporate purposes of the YPOPL Group (i) Within 18 months is usd 784,500,000 is 78.0% of the 1,000,000,000 RCPS fund is for company to expanding the FPSO business .


Expansion of renewable energy business (ii) Within 18 months usd 60,000.000 is 6.0 % of 1,000,000,000 RCPS fund .

Posted by jjohnchew > 5 hours ago | Report Abuse

Hoho oredi said just a TinKosonggang … JediMasker … even cannot read n understand from John888 post .. 🤣🤣🤣🤫


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Posted by JediMaster1 > 2 minutes ago | Report Abuse

Pokia Miketikus here is the very clear and flash evidence that how you this pokia twist and change usd 784,500,000 of 78% for General corporate purposes of the YPOPL Group to usd 784,500,000 78% for Expansion of renewable energy business !

I shame on you big liars here !

Posted by jjohnchew > 32 minutes ago | Report Abuse

Hoho Thanks for the information..

Let’s see :

i) Within 18 months 
784,500,000 
78.0% 
Expansion of renewable energy business


Yinson Renewables :

Site investigation : 3700 MW

Projects secured : 1032 MW ( 2 to 5 years to COO ( construction, own n operate) ) .

Construction: 540 MW

1 hour ago

jjohnchew

Hoho one more hidden risks …

As FPSO Maria is First Oil on October 2024 and FPSO Atlanta is First Oil on December 2024 ..initially startup production capacity is expected to be Lower … reference to Armada FPSO production output for the first 3 years.


>>Update : Kraken is built to produce 80,000 bopd , now 47,000 only , then is ard 26,400 only.. Latest is 35,000 in 2020....


Average gross production at the Kraken field in 2020 was 37,518 Boepd was c.5% higher than in 2019 and ahead of the top end of EnQuest's guidance.


👉 And as Ss Lee posted 2024 EnQuest had reduced the Production Output % ..


👉Generally, all of Yinson’s FPSO contracts are protected by termination clauses, with the exception of the Petrobras contracts. The group has two contracts with Petrobras with an estimated aggregate value of RM22.7 billion (FPSO Anna Nery) and RM21.7 billion (FPSO Maria Quitéria).

While the contracts may provide some form of security for Yinson in the case of termination, the process of recouping the fee can be lengthy, especially when court proceedings are involved.

14 seconds ago