YINSON HOLDINGS BHD
KLSE (MYR): YINSON (7293)
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Last Price
2.52
Today's Change
0.00 (0.00%)
Day's Change
2.51 - 2.55
Trading Volume
7,080,000
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
4 people like this. Showing 50 of 3,456 comments
Other oil and gas counters hunger for new project but Yinson`s shareholders like Walao ehh new project again? Are you sure got resources to manage it?
2 months ago
Yinson to Acquire Atlanta FPSO, Activating 15-year Charter with Enauta
https://www.oedigital.com/news/506548-yinson-to-acquire-atlanta-fpso-activating-15-year-charter-with-enauta
2 months ago
Fed increasing rates, bad for company with huge loan for instance Yinson!
https://www.cnbc.com/2023/07/26/fed-meeting-july-2023-.html
2 months ago
They hedged their loan, most of their loans. Goes to show u are not a shareholder and never attended any of their q and a during AGM
2 months ago
So lucky to get the ESOS at the price of RM1.99. Wonder their employees will sell them now and earn 28% profit. ha
2 months ago
On behalf of YHB, AmInvestment Bank wishes to announce that the Proposed Acquisition has been
completed on 31 July 2023. AFBV has transferred the 1 AFPS Share to YBHPL, and YBHPL has paid
approximately USD22.2 million (equivalent to approximately RM102.5 million) of the Option Price and AFPS
has drawn down USD318.9 million of the Call Grantor Loan on 31 July 2023. In view of the above, AFPS is now an indirect wholly-owned subsidiary of YHB from 31 July 2023.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=138998&name=EA_GA_ATTACHMENTS
1 month ago
But it seems like YS might hit or even pass RM2.60 this month by looking at the chart..
1 month ago
FPSO Anna Nery:
67% debt funded via a five-year US$670m syndicated loan facility from 2021
33% funded via Yinson’s rights issue in May 2022
FPSO Maria Quiteria:
76% debt funded via a six-year US$720m syndicated loan facility from 2022
On 7 Aug 2023, Yinson signed a US$230m term loan to fund its equity portion
of the capex
FPSO Atlanta:
80% funded via a 15-year US$379.5m loan from Enauta
Yinson will fund the remaining capex of US$94.9m via its internal cash
balances
FPSO Agogo:
US$500m upfront payment from Eni
Project financing bank debt of c.US$1bn
Yinson will need to fund the remaining capex of US$300m, most likely via a
new term loan, as reported today by Bloomberg
Source :CGSCIMB Report
1 month ago
That's why KWAP disposed...?
https://www.thestar.com.my/business/business-news/2023/08/15/rerating-catalyst------------------likely-for-yinson
1 month ago
Strategy Insights From Yinson's Chief Strategy Officer - JJ Chai, VUCA Insights Podcast E0012
https://www.youtube.com/watch?v=-WFh49Ahnmw
1 month ago
Yinson is scheduled to release its 2QFY24F results on 29 Sep 2023. We reiterate Add,
with an unchanged SOP-based TP of RM3.57. We expect Yinson’s 2QFY24F PATAMI to
exceed 1QFY24’s RM208m, as Yinson will book in the full BBC rate from the FPSO Anna
Nery which achieved first oil on 7 May 2023; this is the key re-rating catalyst. The standby
rate for the Anna Nery from 3 Jan 2023 up to the day prior to first oil on 6 May 2023 is still
under negotiation with the charterer; hence, Yinson may only be able to book this in
3QFY24F or 4QFY24F. Downside risks include project execution challenges, and higherthan-expected borrowing costs.
Source: CGSCIMB Report.
1 month ago
This Yinson-WA buyer...big money. Been many weeks. It's not easy to resist the temptation to sell. I am now running out of warrants to sell. It takes all of my energy and then a bit more to resist selling my balance half to them now hehe
1 month ago
always last minute push to 2.60, and tomorrow will drop back to 2.50-2.55 range 🤔
1 month ago
High interest rate environment is BAD BAD BAD for high DEBT company like Yinson! That’s why push to sell, do you understand? Buy Yinson now is no difference from Kamikaze!
4 weeks ago
@James_Bond
Clearly you never attended any of their briefings. Their borrowings are all hedged, I think 90% of them if I am not mistaken.
4 weeks ago
Just like their charter contracts, the fees are fixed, if oil goes up USD1000 per barrel, it wont cause a sudden boost in profit too. They play safe, down side is you wont see a sudden spike in profit, thus dont expect a sudden spike in share price too.
4 weeks ago
Sold a bit more warrants but still holding a substantial portion. Mother share is tempting too - but doesnt make sense to go for mother when son is still low premium w reasonable expiry date...what say u
1 week ago
If you're in Yinson, you're probably in Armada Hibiscus and maybe even Dayang Uzma. Profits from there can pay for holding Yinson already
1 week ago
https://theedgemalaysia.com/node/681667
Yinson targets near US$1b ebitda by 2025
Why does Yinson refuse to move up despite the rosy profit projections? Is the profit projection for real or is there a catch? The qtr result due out before month end should provide some direction. Someone I heard bought Yinson WA using margin financing and will be subjected to heavy capping after september 2023. Can it be interpreted as the broker know something we dont??
1 week ago
@Permutation
MFCB also never fly until they see profit from their hydro dam. Everybody knows the dam is completed and up and running, stock price remains more or less the same until money comes in. Why nobody went in big when it is about to complete?
Yinson can say whatever they want, until the profit is booked, stock price wont move. Because talk is cheap, every CEO can say they expect 2 or 3 times more profit in the coming years, question is, can they deliver? when and if they deliver, stock price will also move up.
1 week ago
@Permutation yes I think BursaVulture said it very well. Yinson isn't cheap now, it's cheap if they deliver on everything. Given current valuation is already due to a fantastic track record, unlike Armada
1 week ago
Who is that someone buying Yinson WA? This WA is moving in a mysterious way. There's a reasonable healthy volume, and an almost flat price regardless of macro events, regardless of mother share movement
1 week ago
It's noted if that someone isn't an insider, he doesnt need to declare interest even when it exceeds 5% because it's on the warrants not mother share. One can only see shareholders list when annual report is out
1 week ago
There'll hardly be any surprises - 29th Sep Yinson will announce another quarter of explosive earnings (yoy) because of Agogo and full recognition of Anna Nery. What'll happen to share price then?
1 week ago
Fabien _the efficient capital allocator
More FPSO jobs amidst fewer contractors with proven track record. FPSO contractors would still be in high demand
by clients in the coming year (2024) as Brazil and Africa would still see more contract announcements. Due to the
importance of project execution and funding capability, barrier of entry into FPSO market remains high. YINSON remains
as one of the top FPSO contractors in the world and we believe they remain in very favourable negotiation position with
clients. To note, its top competitors (in terms of track record and trust from the clients) namely SBM and Modec already
have their hands full with 15-20 contracts to be executed, causing competition for new FPSO contracts to be lower than
previous years. Therefore, we believe FPSO contractor with track record and more balance sheet headroom would
benefit from this trend in FPSO industry in the coming years.
5 days ago
Posted by Permutation > 45 minutes ago | Report Abuse
OTB, talking about energy stock. what is your take on Yinson ?
------------------------
Permutation,
Energy Index is also in a technical bull market.
I believe Yinson share will move up north after Q2 July 2024 result to be released in September 2023.
The share price of Yinson cannot perform because EPF is selling Yinson shares non-stop for no good reason or the reason I do not know.
Investors are saying total borrowing is too high.
Yinson has a total order book of RM 110 billion.
A total borrowings of 10 billion is less than 10% of the order booked.
At end-April, the group had a cash balance of RM2.02 billion against total borrowings of RM10.52 billion. Its net gearing stood at 1.8 times, compared with around 1.3 times among local utility players, according to data from Asia Analytica.
Yinson has 3 major FPSO contracts to be in operations in the next 2 years.
The pretax profit margin for chartering service is 39.6%.
The pretax profit will be at record high after 2024/5.
Yinson is good for a longer term investment.
According to the below IBs, the target price in 2023 is as follows :-
CIMB - 3.50
Kenanga - 3.65
Maybank - 5.05
UOB - 4.05.
Please read the below link.
https://theedgemalaysia.com/node/681667
https://theedgemalaysia.com/node/682936
Thank you.
2 days ago
Good Bursa's Star Investor is here. I will speculate that OTB's style, he will go long on the warrants before the mother share. Huat together let's go
2 days ago
Source: CGSCIMB Report.
Yinson is scheduled to release its 2QFY24F results on 29 Sep 2023.
We reiterate Add, with an unchanged SOP-based TP of RM3.57.
We expect Yinson’s 2QFY24F PATAMI to exceed 1QFY24’s RM208m, as Yinson will book in the full BBC rate from the FPSO Anna Nery which achieved first oil on 7 May 2023; this is the key re-rating catalyst.
The standby rate for the Anna Nery from 3 Jan 2023 up to the day prior to first oil on 6 May 2023 is still under negotiation with the charterer; hence, Yinson may only be able to book this in 3QFY24F or 4QFY24F.
Downside risks include project execution challenges, and higher than-expected borrowing costs.
2 days ago
If you told me in Mar/Apr Yinson and warrant would have traded side ways until now I wouldnt have believed you. Good news bad news no news, it is stable as a rock. Cute.
1 day ago
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Any good news also hard to move. Kura-kura
2 months ago