Philip knows it well

It's FOC.

But it could be very expensive too....lol

This is what Philip gave me in retun to my valuable "trollings"

Fyi I learn far more from ss lee in his mistakes than I do from your trolling. So wondering who is more beneficial to society? Fyi selling early on top glove and buying early on harta I still made huge earnings on both which is better than those who never invest at all but like to troll.

Guess what, sslee still made money on his area of competence in palm oil stocks which is key. Learn new things every day instead of trolling maybe you will finally get somewhere in life Charles.

Wah Boss can goreng...

All my very valuable expensive "trollings" are well documented in Philip's thread.

My "trolling" is very expensive....lol

Posted by Philip ( buy what you understand) > 55 minutes ago | Report Abuse

Knowing those who are in my chat group, I freely admit my big mistakes on serba dinamik just as I freely admit my other mistakes in selling topglove 10 10 years early,buying harta early, buying palantir at 15 and averaging down to 8, buying Nvidia late at 180 in 2022, not selling pchem at 9 when my average is 4, buying yinson since 2012 instead of apple, buying stoneco, buying sds.

Philip ah Philip, if only U pay more serious attention to my "trolling" (well, i defined it as noble advice), u could have save tens of millions loss or make tens of millions extra profit last few years, io coming here to express yr regret few years later now....

After U placed yr bets (or investment or whatever U like to make u feel better), pray to see yr future beautiful paper profit projections to turn into real cash profit/ Div/ higher share prices etc).

Hopefully non of the above risk happens...Amen

Posted by value_invest > 2 days ago | Report Abuse

@sslee--

The Bond at 9.625%, which is considered as high yield or almost junk bond, is considered at the HIGH side. It is obvious that the investors see this is high risk investment bond.
The 9.625% of financing cost is considered at the HIGH side after taking the financing cost into the investment-return equation. This has left the company very little room for any mistake in managing the risk, e.g. countries risk, execution risk, currency and counter-party risk, just to name fews. Any of the risk can severely impact the company bottom line. The company has taken HIGH leverage for the Investment, there is no right or wrong to this strategy. They can HIT jackpot if they can manage all the matrix and risk very very very well or make loses.. It is so called HIGH risk HIGH gain.
Generally ,the yield on investment grade bonds is about over 5% and the credit spread is between 110 and 130 basis points.
----------------------------------------------------------------
Nordic bond market at such a high coupon rate of 9.625%--

Bsides all the country risk, execution risk, currency risk etc, the major risk is the Boss's risk.

High risk high return. Simple.

Many of U only painted the beautiful future profit projections (as U are their shareholders, of course lah) without addressing the risks involved.

But I guess this is normal to most people.

Posted by Philip ( buy what you understand) > 11 minutes ago | Report Abuse

Unlike you who never post his mistakes or learn from anything except to be a troll, I'm sure you also won the sports toto results and can dream of buying your dream car finally. Good for you

Still a very high ego oldman....lol

Even it takes few years

Philip improves...congrates

In short, all the beautiful future profit projections didn't materialise right?

Whether it's Boss's problem, mkt problem or any other problem

Hope he wouldn't give u same surprise later like ALP n Chinaman...

Lim only holds 20%+ of Yinson's shares?

Do u think Yinson's boss will do the same to screw up all yr beautiful profit projections too??

In all the above cases, I am always the minority, against the majority (Sifu/ Seafood/ Master/Waterfish etc)

Sadly, the final outcome proves that the majority are all wrong.

Jaks 1.0
Jaks 2.0
Hengyuan 1.0
Hengyuan 2.0
Serbak

Dont worry, the list will go on

Last year they only earned RM38M+ from their RM1B deposits

Posted by Sslee > 16 hours ago | Report Abuse

For once I know of Insas CEO Dato' Wong cracking his head how to invest Insas' cash hoard of more than RM 1 billion into financial instruments that can give save yearly return of over 10%.

Wah, if u can convince him to buy RM1B RCPS of Yinson then hor seh liao....

Basing on 13% return per annum, their interest income will be RM130M....Then their net profit n EPS will increase more than 100%+...Their net profit for 2024 is only RM80m+

Boss is happily selling at 0.10+ to u all

His 3X rights shares@ Rm0.08 is coming tmr

If yr return in stock mkt has been consistently low, say in single digit % or even incur some losses for the past 5 to 10 years, stock investing may not be your cup of tea.

Good to explore other biz.

I think Jon can do better in Yoga or other biz than stocks.

Hope u do well in 2025.

Anyway, glad to see Jon is still alive n active in stock mkt

How's yr fund management biz?

Good also lah, at least local banks wouldn't get burnt again....

High risk biz high return I guess

Hv to check on other Co in the same industry to compare their bond coupon rate.

Ops sorry abt the Bumi Armada Bond. It was issued in 2014 n matured in 2024. Didn't check properly.

I thought Bond 9.625% is oredi very bad, now RCPS with 12.95%- 13.5% coupon rate....omg...

Anyway for existing Yinson shareholders no worries...u hv beautiful profit projections in yr sweet dreams...

And 2 cents div in real life

https://cbonds.com/bonds/525641/

BTW, Bumi Armada's bond issued in 2024 comes with 6.35% coupon rate...

Posted by CharlesT > 8 minutes ago | Report Abuse

1MDB's imaginary assets : 5.75% coupon rate

Yinson's FPSO and financial account and beautify profit projections: 9.625% coupon rate

If u can find an explanation on the above n u r convinced so, then face the outcome lah. Either make or loss only.

Posted by Sslee > 1 minute ago | Report Abuse

Aiyoyo Serba and 1 MDB only got imaginary assets meanwhile everyone can see for themselve Yinson's FPSO and financial account: Revenue, EBITDA, PBT, PAT and etc.

Ya ya, and yet the Inv Bankers issued their bond at a much higher coupon rate than the 1MDB's imaginary asset.......lol

5.75% coupon rate also making noise like hell....They never see big snake pee.......Yinson's USD500M bond issued in 2022 is 9.625%+

https://theedgemalaysia.com/article/cover-story-1mdb%E2%80%99s-habit-overpaying-raise-money

Home
Cover Story: 1MDB’s habit of overpaying to raise money

Edge Weekly
Cover Story: 1MDB’s habit of overpaying to raise money
By Ho Kay Tat, Cindy Yeap, Chan Jian Ming and Ben Shane Lim / The Edge Malaysia
21 Nov 2014, 07:00 pm
main news image

IN September 2009, the then newly-minted 1 Malaysia Development Bhd (1MDB) caused a stir in banking circles when it agreed to pay 5.75% annual interest on a RM5.0 billion 30-year Islamic bond that was guaranteed by the federal government.

Tongues wagged as to why the interest rate was so high when government bonds typically had to pay less than 4.0% and national oil company Petronas was paying around 3.6% at the time.

Bankers speculated that “middlemen” had profited from the spread of around 1.75% as institutional investors would have been happy to have been offered the government-guaranteed bonds, specifically called Medium Term Notes (MTNS), at 4.0%.

Mayb Yinson's management copycat this fm 1MDB?

Last time 1MDB also issued their bonds at much higher coupon rate....

The sneaky Jon managed to run fm his Serbak Bond at some minor losses I think.

I think Philip only cut later....

Liquidity could be another concern to bond.

In Serbak's scandal, the bond straight away dropped 40% to 50% after the negative news spread out...

My concern is why all those bond issuers treated their bond as junk bond grade with much higher coupon rate...

Philip's theory is that this is a very positive scenario as it shows Yinson is capable of paying high coupon rate to show their financial strength..

Do u buy his theory?

If boh Tai chi then the return will be higher than holding their shares

If got tai chi all will go Holland together.

Mayb Philip can share his experience in Serbak Bond n his insider story

Sifu OTB also quietly drops Yinson or Yinson-Wa fm his stock pick 2025, after selected this Co in his 2023 n 2024 stock pick

Mayb OTB's fengsui study this year shows Yinson's fengsui no good??

Hope all the paper profits turns into cash profit n div, io endless PP/ Rights issues/ Bond issuance etc

All the figures looks yummy.....

Deja Vu?

I think I have seen something similar in Jaks few years ago....

Senior SsLee still have full faith in Yinson n their beautiful future profit projections ah??

ta5851 pls come to promote on Monday during trading hours.

Hv to test yr power..

3 times of new rights shares @ Rm0.08 going to list on 21 Jan

Better sell all yr shares now b4 it plunge further

Posted by ta5851 > 21 seconds ago | Report Abuse

Thanks to my promotion, notion give everyone lobster
🦞 today for weekend 👍✌️😂

Luckily u only come after mkt close....lol

Anyway nice game...catching falling knive from 0.335 all the way down to 0.235 ....now got chicken rice to eat

God exist in this world?