Mikecyc, in latest annual report fong siling aka cold eye has 12 million shares in jtiasa which he added from 10 million shares previously. Can you provide some facts and figures as to why he added 2 million shares in jtiasa? And how many million shares of Jaks are you currently holding?

Good123, do you eat mamak fresh roti canai more or do you eat kawan frozen roti canai more per month?

This is one of the few good advise that I agree on with you. In terms of investing/trading, exciting does not necessarily equal profitable.

>>>>>>
For me do not stay too long at your comfort zone, dare to venture outside your comfort zone and never ending life long learning to be successful.
You can learn all the technical knowledge from the book or hand on.
But on how to managed people and how to handle owner boss you need to learn hand on.

I think I would rather characterize myself as a businessman. You buy something with the expectation of long term growth runway in a company and you hold on for the ride until the company dynamics changes(serba) or until it hits terminal value (speedmart, diy). Take for example SDS, I am buying for their long term growth into peninsular and plan to sell out once they start expanding to east Malaysia. For pchem the question I asked myself was is the revenue reduced due to company fundamentals? No. Is the earnings reduced due to temporary factors? Yes. So once market recovers and price go up I will still have a company that has 9 billion in cash, and running well and worth every penny. Three difference between me and contrarian and sslee is that majority of my networth is in stocks. Unlike them I no longer have a day job. So the big question is first how safe is the stock where I put my money in firstly, and secondly if I sell pchem how much fees do I pay, and what can I buy with the money? More important how much risk do I have to bear if I buy another stock for the long term.

There is no such thing as value investor, as everyone is looking for value. The most important thing is risk control and how safe your money is and how safe the investment is when you add margin into the mix. Fyi, a lot of my investments turned around when I added margin which is extra risk if the stock goes south.
>>>>>
xiaoeh

i would use pure value investor and not so pure value investor to name TheContrarian sifu and Philip sifu

TheContrarian sifu to be categorize to not so pure value investor where he buys value company and sell when mkt not in his favor and buy back

Philip sifu to be categorize pure value investor where he buys value company and hold never sell when mkt not in his favor
instead, he buys more when mkt not in his favor.

One thing for sure, yeoh tiong lay held a big share in ytl and kept it at 50% which let's you know how to build generational wealth.

>>>>>
xiaoeh

Dear Philip
i'm curious to know how value investors react to big cap counters like YTL/YTLP from its IPO till today?
does value investor bought YTL/YTLP from its IPO price and hold until today?

This is why I say too many fake gurus around. What make 4x in 6 years from insas? The only way this is possible is for you to have future sight knowing when exactly to buy sell buy sell buy sell to make amazing profits in the stock. Amazing how you can make more money than the majority shareholder and the company itself during that period. Fyi during the same period QL also made the same gains from 2017 without needing to do anything and just sit tight and put more money into the stock. So Mr average guy trying to show off, do you know how rare is is for you to be able to grow your capital and put more and more into trading that way in insas? You must be an amazing trader indeed to be able capture the risk and go all in and deploy more over time. Fyi this is not about boasting out showing off, this is about a proper accounting of how I actually invested in bursa over the period and how my returns came to be over the period
>>>>>>

TheContrarian

Dear MrSslee, please don't go around highlighting an average person like me made a four fold gain on Insas (over a 6 years period). People just can't accept that fact even though after I revealed how it was done. Oh, well, I will just carry on making money from the stock market in my usual quiet manner. No boasting like most other people.

If you want recognition so badly and win, then you have it! Ok since you want to be associated with people like stockraider so much and his promotions you are much more than welcome to join those type of people. For me I prefer to show via actions what I buy and how my portfolio performs long term that anyone can see what my results are like and how I invest and allocate ever larger sums of money that can compound over the years instead of just talk how I buy this and earn that but can never show how their portfolio grows. I remember in 2019 you keep on talking about how bad QL is as an overpriced investment vs insas, meanwhile QL market cap grew from 8 billion to today 16 billion market cap. While your insas is still "undervalued" after during that period, the problem with you using only share price as metrics is you fail to look at bonus shares, shareholder friendly actions. In any case since you love to use short putt and look at those short results, then good on ya! Hope you learned all your lessons before this, and one day you also can get 20% CAGR growth yearly Lee. When that happens wish you the best, but as you said you put your entire networth into insas for last 5 years, so I doubt you were able to get that kind of growth, which I think you finally realized when you pulled out of insas, while realizing that ql suddenly became a 16 billion company with more growth to go, Mr diy and 99 speedmart all becoming multi billion dollar companies due to the long game as they say... Hope you learned something new this time around unless you are still stuck in your old ways of buying cheap companies instead of high quality ones over the long term

>>>>>>
Philip is right on his long game but proven stockraider and me beat him on the short putt. (A win is still a win)

So the question here is how much of his net worth was he actually able to put in to buy sell buy sell with this strategy? As usual talk is always easy, telling people to do as I say but not as I do is always easy. Even that mikecyc seems to be able to be able to do perfect trades in Jaks making money while almost everyone else is losing money in it. But of course when you take accountability out the window, I also can tell you that my biggest earners were buying Nvidia and tesla and palantir at the perfect lows in 2021 and holding into it today. But then again the only people who would know is ourselves if we actually make money from stock market or not
>>>>>>>
As of average people you need to learn from TheContrarian how to buy low and sell high. By the way TheContrarian managed to make 4X from Insas price fluctuation.

So imagine if only Philip able to do what TheContrarian did then his return will be many times higher.

Sure if you really meet someone who is able to take buy sell buy sell buy sell at peak and troughs every single time do introduce to me. I know for a fact almost every "sifu" out there says the same thing and yet is never able to show their portfolio holdings to anyone. I also remember you going to seminars and giving talks at i3investor investor days and yet you also never seen to be able to show your own portfolio results. So may I ask just a simple question? What is your past 5 years total CAGR growth? In real life, not the things you post on i3investor which you seem to be proud of doing but your actual investment results?

Fyi QL vs insas today QL already won by a mile with bonus shares and growing earnings.
As for insas your perceived value was nav rm4 and yet you sold at rm1 which is still far below your touted nav value. Meanwhile I obviously bought pchem big at rm4+ and enjoy huge dividends along the way to bring my holding balance cost to below rm3.65 (2.7 million shares at a cost of 10.2 million ringgit). So why do I need to sell my share when the holding cost is 3.65, pchem giving generous dividends if 50% payout ratio, meaning it is building up more and more cash hoard and doing good business? As usual just by holding and doing nothing and buying more over time I get to enjoy more and more share ownership over time which will bring my holding cost even lower, and bring me more returns when pchem share price increase over time

>>>>>
As of Insas hope Philip still can remember the below on:
Stockraider Insas Vs Philip QL
And my Insas vs Philip Pchem.

In fact there are many people in my group that have bought big into jayatiasa, and I always wish everyone well in their investments, especially as I also have been blessed with good returns over the years. But in my opinion I prefer a much more shareholder friendly management during this period of high cpo 4500+ pricing which I like inno plantations a lot for their good sharing of dividends

It is up to you to pay and trade stock market, but the big secret is this: how much can you plow into those type of play play stocks? 5%?, 10%? I remember once I asked if you would like to manage money for me, but your response was a lot of hewing and huffing. So the fact is simple, talk is cheap. Results must follow with actions. Why Warren Buffett so successful? He put 100% of his networth into buying one stock: Berkshire Hathaway. Instead of trading here and there and buying here and buying there.

Why lilu so successful?
Why prabaah so successful?
Why creadorv so successful?

Why I never heard of your top paid sifu Harrison ho?

The answer is very simple. When we come to looking for investment results, very few actually have the ability to back things up with facts and figures

Never forget that when you buy food companies it comes with share buybacks and dividends that reward you as you wait. So in the end as you keep buying over time your holding costs get lower and lower. This is a much better approach long term then buying into Jaks, xinquan and companies like insas where you are waiting and waiting and waiting without hope for any upcycleor downcycle. Remember even if down cycle, successful companies just keep on expanding and investing in good growth projects.
>>>>>>
By the way Philip Pchem is now on the down cycle ie supply growth outpace the demand growth.

sometimes the best way to buy stocks, is just to buy and forget, the coffee can investing strategy really works actually.

of course you can, just go to the portfolio tab at top and start transfering your investment details inside so you can track clearly also. if you are worried people can see you can make it non public so its only for your own eyes. many of the readers in my telegram group also start to do so that they can actually track if they are making money over time, but i think only i am maintaining it properly over the last 5 years, but getting lazy as I think I have proven my point to people like sslee

https://klse.i3investor.com/web/blog/detail/phillipinvesting/2024-10-29-story-h472821057 HOW_TO_INVEST_IN_BURSA_AND_FAILING_TO_MEET_EXPECTATIONS_PHILIP

https://klse.i3investor.com/web/blog/detail/phillipinvesting/2024-10-29-story-h472821057 HOW_TO_INVEST_IN_BURSA_AND_FAILING_TO_MEET_EXPECTATIONS_PHILIP

If someone start a trading channel and posted things like this to share their "trading" skills you will ask them to go fly kite. You have volume, % of portfolio, buy when, sell when, hold how much, how many trades you make money, and how many trades lose money. you so called "case study" is like that of my worker that asked me for advise for buying stocks before. After he show me his stock list I was surprised everything green green, then I ask him so amazing, his reply to me was simple: anything red I just sell... so in the end when I ask him his portfolio growth? he started with 10k, then after all become green but his portfolio left with 8700, total 13% down.

So my question to you is simple, with your trades, in total are you actually up or down YoY, over the last 5 years? do you understand or not understand? so appreciate you look back at my actual portfolio with documented buying/selling in hartalega and you can see if I lose money or make money over the last 3 years
>>>>>>
Johnchew5

Hoho the Last one .. 2 of my latest calculated risk stocks :

1.) Capital A : Did catch the Lowest RM 0.56 in Capital A .. my cost is RM 0.58 .. cheers ..

2.) Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( after Sslleee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .

HOW_TO_INVEST_IN_BURSA_AND_FAILING_TO_MEET_EXPECTATIONS_PHILIP

I just posted a blog for you to read and see if you understand or not understand how to read my portfolio. and you can see if your results or my results are more efficient over the years.
>>>>>
Johnchew5

Hoho oh btw I had debated against u in Harta at RM 5.80 on early 2022 … knew what u understand n what u not understand!

Easiest way is to start your portfolio. Block on performance and transaction group to see and add every transaction that you have made over time which is clear for everyone to see your "stock" picks. Since you can't delete your picks, your results and price selection are clear for everyone to see. With this you can understand investors approach and strategy, how they invest, and why I make money and you lose money. Investing is not that hard. You just need to maintain a level mind, less arguments, learn new things and be patient. I can already see you are not a patient investor and very clearly you are the type to buy/sell/buy/sell which contributes to your stock market losses. Learn to relax. Maintain a online portfolio so you can revise and improve your strategy.

Fyi you are not than welcome to join my telegram discussion group to chat on stocks and discussion selections and price action strategy without the bed to argue your point and show that you can talk the loudest. Less arguments lead to better results. Ignore people like sslee and Charles who only want to belittle others when their own results are subpar and learn people like cold eye, icon8888, whysoserious etc who are more then willing to share their thoughts in a collaborative way.

https://klse.i3investor.com/web/portfolio/mypf/120720

John, you realize a stock doesn't go up because you promote it or comment negatively on it right? A stock goes up or down because of the earnings and revenue and the business performance. So yinson share price go up from rm2 to rm2.7 has a reason, and Jaks drop from 0.5 to 0.13 also has its reason. No matter how often and how long you try to rehash and repost and argue and fight, we can see very clearly those who make money in stock market and those who lose money long term in the stock market.

If you can consistently grow your capital by 20% every year with good picks in stocks and make money, I don't think you have any reason to argue debate and fight with others in this forum

If all you have is arguments and fighting, the only conclusion is that you are losing money overall in stock market.

So my advice is simple: talk less, listen more. Not everyone is your enemy. And learning more every day and keeping open mind is the most important thing.

Trust me, in there last 5 years I grew my capital at a CAGR of 17.8%. and I can guarantee on the next few years yinson,pchem and harta will be performing better and share price will be higher based on those performance.

In forum it is easy to be negative and talk bad about stocks as there is no risk. But taking a stand and making investment decisions on holding stocks is very not easy especially when you handling large sums of money.

In any words, you need to change your investment approach and learn to listen and read more instead of arguing. Why argue when your results are so poor to begin with?

Still want to post nonsense news for Jaks in yinson thread.

The simple question to ask you to answer is this, why is Jaks share price higher before the plant is commissioner and lower after, while yinson price is lower before fpso deployed and higher after fpso hit first oil. Which one is more logical and natural. And the simple fact that you need to come to yinson thread to post "fact" on Jaks instead of posting it in on Jaks forum. So the only result is that you are trying to defend the indefensible
>>>>>
ohnchew5

Hoho the difference : Jaks lowest price RM 0.12 … Now is RM 0.13 ..

Don't be obtuse. That's exactly what ORDER book means. Hide what? Are you really so bored that you want to pick little details which makes zero sense? The important thing is to look at yinson ability to service the debt load.

>>>>>>
Johnchew5

Hoho why hiding Yinson orderbook 22b usd is until 2048 …

What do you mean dividend can see but cannot touch? You mean you never receive yinson dividends in the mail?

so when will you be getting that portion of 597 million? Investors need to understand that the only way you get those money to shareholders is via Share buy back and Dividends. If you are not getting any of those things at all, something is very very very wrong. And if the money is in another country with no chance that the majority owner having full controls is not shareholder centric, then good luck to you.

>>>>
👉Grand Total = RM 597 million.👍

john why are you promoting jaks here, this is YINSON thread. Please move the jaks "facts" and "figures" to the jaks group for those interested in value destruction company there instead. here in Yinson group over last 5 years, from 2000 Market cap of yinson grew from 6.2B to today is 8.6B, with growing revenue and earnings. Meanwhile Jaks has destroyed shareholder value with 70% crash in share price, unlimited PP and RI, and reducing revenue and earnings. In short anyone buying JAKS long term is sadly losing money. So move on and move your comments to jaks thread instead where it is more useful.

are you seriously comparing a company building FPSO and deployed with first oil to customers with a ponzi scheme guy? yinson is managing their money very carefully, the only problem is their projects are building powerplants in the middle of the sea which require a lot of debt to amortise over decades... just like any other power plant. the only ones can build power plant with cash and no borrowings is berkshire. come on, show me a power plant company with no debt. more importantly yinson structure is very simple. the charter rates are fixed at 600k a day, starting from first oil success. you can do IRR simply and easily backdate the day they will be breakeven and profitable. in the meanwhile cashflow for them is used to pare debts which is structured into decades similar to their FPSO contracts.

>>>>>>
Sslee

Once upon a time many investors were begging Bernard L. Madoff Investment Securities LLC to take their money as Madoff show he can pay back their investment with handsome gain.

As of what happen after that is a history similar to Serba

same strategy that berkshire hathaway do and everyone else is doing, what is wrong with rewarding loyal shareholders with higher stock price? I dont see any problem with it, as a minority shareholder


>>>>
Sslee

The only reason why YINSON share price increased by 15% is because of SBB. Without it the Price should had tested the 52 weeks low of RM 2.25

Philip ( buy what you understand) John, any reason why yinson share price today from 7.5b market cap increase to 8.6b during this period ? how come with all the uncertainty sumitomo group and kawasaki invest USD 50 million into Yinson FPSO? if you want to post "facts" and "figures" at least can be transparent and share full story instead of the perspective you want to display. after the article you shared was done, YINSON share price increased by 15%? something wrong somewhere..

the magic question to ask is, why are people keep borrowing money to them if they cannot show they can generate the cash flow to pay back debt.

unlike jaks here you are posted purely different story. The borrowings are to move forward the EPCC and FPSO construction which is a loan with 18.5 years debt period which provides cashflow ease to yinson. The "window" dressing you should be putting is this.

Yinson orderbook 22b usd. Debt to complete , per FPSO is around 650-800M (since yinson build theirs in China and Singapore), their total debt load is about 5B+ USD.

The main question to ask is IF yinson is able to bring the FPSO to site on time, launch for first oil without problems, and run the contracts properly. If they can for a debt of 5B, with total 10B in financing and debt repayment, they can earn around 22B usd over the lifetime of contracts IF they do not take more projects in the 25 years hence, which i believe they will do (as evidence by solar farm in Peru and India). They are also taking in bids for more FPSO projects.
The loans are defrayed over 18 years, or some as in the perpetual bonds... bond info here for you to read

https://www.marc.com.my/rating-announcements/marc-ratings-assigns-preliminary-rating-of-a-is-to-yinsons-perpetual-sukuk-programme/
https://theedgemalaysia.com/node/708627 <--- they already redeemed 120M usd of bonds raised in 2019

more window dressing for you: Markus Wenker, Yinson Production’s chief financial officer, said, “The bond issue received significant interest from investors and was substantially oversubscribed”.

>>>>
Johnchew5

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.😱

John, any reason why yinson share price today from 7.5b market cap increase to 8.6b during this period ? how come with all the uncertainty sumitomo group and kawasaki invest USD 50 million into Yinson FPSO? if you want to post "facts" and "figures" at least can be transparent and share full story instead of the perspective you want to display. after the article you shared was done, YINSON share price increased by 15%? something wrong somewhere...


>>>>>>
Johnchew5

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.

Really don't know what is wrong with you, Why keep posting all your Jaks relation items in yinson thread? Really nothing better to do with life but argue with strangers?

>>>>>>>

ago


Johnchew5

Hoho interesting lo , MIDF Research an article on LSS4 with cost RM 2.0 million to RM 2.5 million per 1 MW .. with tender tariff as low as RM 0.14 per kWh .

But it’s research stress on Solar Panel with efficiency 16.7 factor .

Jaks is with cost RM 4.0 million per 1 MW ..

Obviously I meet people like you all the time. Number one at telling people what to do, but never able to show your own ability to actually do something of note in life. Next time before telling people what to do, try looking in the mirror first and see if your results match your "recommendations".

>>>>>
CharlesT

To me, Philip seems to be too obsessed with his portfolio....n others' portfolio here

In short, no portfolio no talk with Philip....U r not qualified

As to why you are not qualified, why listen to rubbish comments on the first place.

Yes and instead of debating maybe you should be honestly asking, did you make or lose money in TG harta or Jaks instead of debating endlessly without a point, maybe showing how you made money trading on the information that you knew is far more important. Instead of posting "facts" and figures here and there, why not show your trading results, maintain a portfolio and show that you actually make money in stock market seems to be a far better use of your time instead of debating.. if you can't even maintain a respectable CAGR you are no different from Charles and sslee and is ALL talk no results kind.

FYI you can see my entire 5.9 year history of trades in my portfolio holdings and see if I make or lose money in stock market.


>>>>>>

11,339 posts

Posted by Johnchew5 > 6 hours 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

That's not really the question to ask. The question to ask is if yinson has the capability to pay back the loan based on the fpso earnings, and more importantly if the lenders are willing to lend to yinson and believe in their ability to pay.


>>>>
Posted by CharlesT > 4 hours 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?

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/

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 %

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?

no one can time the market, all you can control is being right/wrong. Unlike those who stuck in insas for multiple years without much returns, i have made TONS of money being right on topglove, and now being right on harta also good
>>>>>

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?

What is your interest in debating? We are here to make money. You can look at my portfolio that I maintained in this website since 2019 and can see my results in holding good stocks and making growth over time. CAGR now at 17% after 5 years plus, you have thousands of posts I challenge you to post your portfolio online to see if your performance is matching your comments. I doubt your return is any good if all you do is debate and argue all day. Grow up

https://www.iss-shipping.com/advisories/brazil-ends-national-strike/

John why are you hiding info and just displaying what you want to say instead of putting all information at play. We are in this to analyze info and make informed decision, please stop making up fear mongering stories. The Brazil strike already ended since September, and now the regulators are in the midst of catching up giving the approvals to begin hookup. Fpso Atlanta is already safely at site and properly hooked up. Once the approvals are complete, first oil will be imminent and charter rate will start.

Fyi the debt is already in the midst of reduction as yinson already selling certain fpso rights to investor who are only interested in coming in once first oil and charter confirmed.
>>>>>

Johnchew5

Hoho as usual no facts n figures!🤣

28 minutes ago

those who have it early wont complain, those without foresight sure complain. like those who complain QL price too high for last 4 years, but those who bought 4 years ago still enjoying increasing revenue and earnings and growing NTA...
>>>>>>
Sslee

If SBB push share price to sky high how am I going to collect at low price and sell high?

Im not sure what you mean, I bought yinson when it was a 1 billion dollar company, now grow to 8 billion dollar company, which is worth around 2 bil usd market cap, with order book of 22 billion usd in incoming revenues that will be secure once we have completed first oil. Expect to have increase in earnings revenue and debt pare down by january next year onwards, as we are also expecting another earlier than expected delivery for their FPSO... how many power plants do you know are delivered and start generating power earlier than expected?

>>>>

MiaoMiao7

I dont like SBB too. I think the market has spoken, the only way for the share price to go up is to reduce the debt. winning projects, completing them or having higher earnings does not move the stock price. Take care of the FCF.

SBB for undervalued company not only support price, but actually increase earnings per share and revenue per share, making my shares that much more valuable.

first they complain debt too high, then they complain low dividend, then they complain share buy back. what else will people complain about? one thing for sure this is not like jaks where rights issue until no amount of earnings become worth it.

>>>>
Sslee

You need money/borrowing to build FPSO and solar power plant.
I do not have complain on borrowing but why Company do SBB to support price?

Company should not do SBB to support price, let Mr.Market determine the price as I am still waiting to collect more Yinson below Philip price

OldWiseMan100

wait until hair already white....

>>>>>>

That is because you expect power plants and fpso to go into production easily like magic when the fact is... This is a difficult endeavor

Almost 6 months earlier than expected

https://brazilenergyinsight.com/2024/10/15/fpso-maria-quiteria-begins-operations-in-the-pre-salt-campos-basin/#more-66360

https://www.upstreamonline.com/rigs-and-vessels/petrobras-starts-pre-salt-production-from-maria-quiteria-fpso/2-1-1724665

Are you still trying to teach me what to do? The dividends and return I am getting from pchem is still much much more reliable and profitable long term versus insas growth. Pchem is still growing and building with a huge cash hoard. I'm still getting big dividends every year from pchem
>>>>>
Sslee

Good to know Philip is alive and kicking.

Quote,"It's not hard to pick a stock, the hard part is knowing how to wait for the fruit to appear" unquote

Remember to havest the fruit. I already harvested most of my Insas but Philip wait too long to harvest his Pchem.

I guess this is what it means buy and hold and wait ooi teik bee. It's not hard to pick a stock, the hard part is knowing how to wait for the fruit to appear