Just keep our fingers crossed that the HRD Corp fiasco not repeated here

Civility and tolerant beat them all

let them be. Facts speak louder than words

What it takes is a project or two getting into trouble for Yinson to be on a tailspin like during the dark days of BAB when Armada Claire contract was terminated and initial poor performance of Armada Kraken.

nikicheong, points taken. As we muse about what could have been for BAB, the share is stirring.

nikicheong, the fact that they are conserving cash is obvious. It is everyone's case what it is for but I assume they know what they are doing. It is a competent management team having brought the company from the brink at one time when it was under heavy debt loads. It has been reported that FPSO market was tight and while Yinson are able to win one project after another with debt profile not as good as BAB when BAB was not winning any bids or submitting bids, I am confident that the cash is for something significant either for upcoming projects or with an eye for the merger matrics with MISC.

Merger will happen, the only issue is the pricing of BAB for the merger. They have been talking for more than a year now, if you recall the CEO mentioned of potential corporate exercice at BAB in a briefing about a year ago.

CGS report from site visit to YTL DC centre in Kulai has updated the latest development there. It looks like they have been able to onboard a number of offtakers at the DC.

OTB I felt the same when the price was crushing last few weeks. The price movement today is impressive coming out of quarter results release yesterday which didnt show big jump in profits but on the contrary show steep drop in profit. I believe the price movement today is the management finally provide more clarity on DC and AI projects and it sounds exciting and appears to be living up to the hype

Those who invested in telcos such as Maxis in the 90s when wireless phone was beginning to be part of life's essential and those that invested in Time dot come when fibre broadband was about to take off in the early 2000s would have made a fortune. It is beyoond doubts that AI is the new trend now and when in matures those that stay invested will have made a tidy fortune. In the meantime dont listen to the noises too much as Warren Buffett said.

Thanks nikicheong. At the end of the day Ananda will demand a premium for giving up control of BAB as they usually do. Hope we get to ride on the premium with Ananda

CGS International in its latest update is valuing MISC offshore business unit on DCF whereas it is valuing BAB on SOP to come up with 66.7% eventualy stake in ME held by MISC. nikicheong, won't it be more fair for both parties if the same valuation method is used, namely if it is DCF or SOP then both parties should be valued on the same valuation method?

In all these discussions and valuations floating around, people hardly mention the Insonesian Akia interest that Amanda is anchoring its future on and indeed it is their new direction. Are MISc going to get that for free?