@Permutation, OTB's risk management 😂👌

This quarter's EPS 8.4c

Last 3 quarters, 7.3c, 6.7c, 6.1c

It's out

Revenue 2702000000
PBT 597000000
PAT 395000000
PAT to us 278000000
EPS 8.4c
Div 1.0c

Back to CGP issue

Looking at how nationalistic and political we have become, it is really not surprising if Govt blocks majority stake by CGP. And politics aside, it's kind of fair afterall Khazanah sunk in so much to Silterra, it is not to benefit a foreign party...

So what if CGP wins, and Miti imposes condition? In all possible scenarios...it can't be that bad for DNEX. CGP can sell out, cos why hold on and die together if their existence cost the revocation of license...There is Foxconn to takeover...Or issue more shares and dilute both DNEX and CGP, new party also Msian...

How? How can DNEX lose in any outcome?

It's been so long since the CGP issue no one talks about it anymore...

I recall buying on the dip then averaging down further and then started being scared as it went lower and lower for the next 2-3 weeks lol

And then it miraculously went up and up and up and I made some handsome gains

Waiting for the same miracle this round 😆

This counter...how to trade. Forum very active, share price languish. Buy and lock up. If I am the boss I can't sleep. Firesale price, what if a big shark come and quietly takeover my company 😰😰😰

Bought 300k @ 1.03 yesterday though I think WC is a better buy for those with the stomach



speakup

u fellas all still holding Insas?

4 hours ago

But no @8dragon totally disagree...even tho we are both speculating now, track record is on Yinson's side. They have never disappointed in results, neverrrrr

Yinson has quietly updated corporate calender on its website...I checked till 12AM+ yesterday it was still stated as 21/3 for resutls release, now it has changed to 22/3

Isham files report against Farhash over HeiTech Padu shares

https://www.freemalaysiatoday.com/category/nation/2024/03/21/isham-files-report-against-farhash-over-heitech-padu-shares/

Yinson Production’s FPSO Atlanta sets sail to Brazil

Singapore, 21 March 2024 – Yinson Production’s FPSO Atlanta set sail to Brazil recently, marking the
successful completion of the project execution phase, and is expected to arrive in the Atlanta field in
the Santos Basin offshore Brazil during the second quarter 2024. The sail away follows the grand
naming ceremony that was held for the FPSO in December 2023.

FPSO Atlanta is a redevelopment project awarded to Yinson Production by Enauta Energia S.A.
(“Enauta”) on 21 February 2022 as an EPCI (“Engineering, Procurement, Construction, Installation”)
Project. In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta, which includes
a 15-year firm plus a 5-year option contract for the supply and operations & maintenance with a total
contract value of up to USD 1,981 million. FPSO Atlanta has a production capacity of 50,000 barrels of
oil per day and a maximum storage capacity of 1,200,000 barrels. The FPSO features an efficient
carbon management process plant, which utilises fuel gas for cargo tank inertisation that will
significantly reduce flare gas emissions through a closed flare system. The plant is part of Enauta and
Yinson Production’s continuous efforts in reducing carbon emissions and being the frontrunner in
decarbonising the FPSO industry towards the goal of net zero.

The project, carried out at Drydocks World Dubai, was completed safely with over 9 million man-hours
without lost time incident. The safety performance is an excellent achievement for the project,
demonstrating the highest level of safety standards by the project team.

Scott Bendiksen, FPSO Atlanta Project Manager said, “With over 9 million-man hours worked without
a lost time incident, safety has remained our top priority throughout every phase of the project. We
look forward to seeing FPSO Atlanta contribute to Enauta’s operations in the Santos Basin, further
solidifying our position as a trusted partner in the offshore energy sector.”

Vinicíus Passos, Enauta’s Executive Deployment Manager said, “This is one more milestone achieved,
which marks the successful conclusion of FPSO Atlanta's adaptation phase, with the aim of delivering
the project on time and within budget. More than 2 years without any incident demonstrates the
highest level of safety standards by the team that worked on adapting the vessel.”

FPSO Atlanta is the second of three FPSOs Yinson Production is delivering to clients in Brazil. The first
vessel, FPSO Anna Nery, is already operational after achieving first oil in May 2023, while the third
FPSO is currently under being built in China and progressing well towards completion this year.

TSMC's 110% rally draws caution, even from the bulls
15 Mar 2024 12:40

THE rapid ascent in Taiwan Semiconductor Manufacturing Company (TSMC) is making it harder to ignore risks for the world's largest contract chipmaker, even for its staunchest supporters.

TSMC's shares have surged more than 110 per cent from an October 2022 low amid the global investor mania over artificial intelligence (AI), tracking gains in key customer Nvidia. Although AI-related revenue accounted for just 6 per cent of TSMC's total revenue last year, the market has been pricing in a big jump in that figure on the promise of an explosion in demand.

The stock's relative strength index has been in overbought territory for much of the past two months, signalling the rally has gone too far, too fast. It is also surged to its biggest premium on record over the average analyst price target.

Morningstar analyst Phelix Lee has one of the street's highest targets, but admits some nervousness over how long AI growth can remain at elevated levels. His estimate of NT$950 implies an upside of more than 20 per cent.

"If I look at the order book, I would be a little bit concerned of how sustainable the AI demand is across the time span of three to five years, because you cannot really spend several tens of billions on data centres every single year," Lee said.

TSMC in January said its AI revenue is growing at 50 per cent annually and should comprise somewhere in the "high-teens" by 2027. The company is building plants in the US, Japan and Germany as it races to supply needs for AI chips used in data centres operated by global powerhouses including Amazon.com and Microsoft.

Geopolitical concerns cloud the outlook, given Washington-Beijing trade tensions and the possible impact of this year's US presidential election. Morningstar's Lee said it is unclear whether TSMC's strong order book has been powered mainly by end demand for AI products or inventory stocking by American clients looking to hedge policy uncertainty.

Another risk is how quickly Apple ? which accounts for more than 20 per cent of the Taiwanese foundry's sales ? can counter the downturn in the smartphone industry and succeed in adding AI features to its devices, according to Kevin Wang, an analyst at Mizuho Securities Asia.

"For iPhones, indeed we saw the demand actually is getting weaker in China, so that might have some potential risk for their orders," Wang said.

Despite such worries, both Morningstar and Mizuho remain optimistic about TSMC's stock, which has 35 buy ratings and just one hold recommendation, with zero sell calls.

While the debate about overheating continues to track the prolonged global AI rally, analysts seem to agree that valuation is not a concern for TSMC. The stock is trading at 16 times estimated earnings for next year, which is about in line with its five-year median and ranks near the lowest in a gauge of major global chip peers.

"It is hard to draw a conclusion that there is a bubble in AI stocks," said Daniel Liang, a Taipei-based portfolio manager at Cathay Securities Investment Trust, whose fund has TSMC as one of its biggest holdings. "For any company that has more than 10 per cent revenue contribution from AI, a valuation of 30 times to earnings is not demanding to me." BLOOMBERG

It's for Ping Petroleum's Petronas contract. Ping is worth maybe less than 500M before this deal. This CEO likes to think big. I think it remains in plan to spin off Ping in due time, but he wouldn't do it when it's smallish. There could be more M&A, or falling back on his connections, Petronas, before ultimately spinning off Ping.



Mixologist

Why do they still need private placements?

2 hours ago

But it is very bad if another sharp decline follows the hammer doji 😰

Well...a hammer doji has just formed today, that's a bullish reveral signal. This coincides with bouncing off the year's low and a very weak RSI which historically has bounced off

Why when people talk DNEX sekali Palestine sekali Israel 🤣

Yinson's bonds are all trading above par

YINHOL 7.500% Perpetual Corp (MYR)
Energy 7.500 Perpetual Bonds 102.974 7.253

YNSMK 5.550% 07Dec2026 Corp (MYR)
Energy 5.550 07 Dec 2026 101.518 4.946

YNSMK 7.500% Perpetual Corp (MYR)-Series 1
Energy 7.500 Perpetual Bonds 102.967 7.478

YNSMK 7.500% Perpetual Corp (MYR)- Series 2
7.500 Perpetual Bonds 102.989 7.663

YNSMK 7.850% Perpetual Corp (USD)
Yinson Juniper Ltd
Matured/ Called
Energy 7.850 Perpetual Bonds 104.041 7.574

21 March 2024*
Q4 FYE 2024

Sell side - 21 March 2024*
General - 22 March 2024*

Corporate Presentation - 29 March 2024*

Another MOU lol



1. INTRODUCTION
The Board of Directors (the “Board”) of Dagang NeXchange Berhad (“DNeX” or the
“Company”) wishes to announce that Dagang Net Technologies Sdn. Bhd. (“DNT”), a whollyowned subsidiary of the Company had on 7 March 2024 entered into a Memorandum of
Understanding (“MOU”) with Korea Trade Network (“KTNET”) (collectively referred to as
the “Parties” and each a “Party”) with the intent to support and collaborate for a few initiatives
involving the Port Community System, Electronic Customs and IT Consultancy services in
trade facilitation area.

2. DETAILS OF KTNET
KTNET was incorporated in South Korea and having its address at principal office 338,
Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea.
KTNET is Korea’s national paperless trade infrastructure operator that implements and operates
the uTradeHub Platform for all businesses in international trade in collaboration with the
Korean government. Leveraging the experience, KTNET has successfully implemented ecustoms systems in other countries

When they list the highways, they will get back cash. so more projects, no loans, no losses



Realrich

After sold all the highway. Ekovest only left the construction. So more projects more loan more losess. The company no highway to generate revenue and cashflow. So going bankrupt?

This is a choice between having it now and enduring an indefinite wait while looking at paper losses and what more looking at every other shares go up - but u can sleep soundly over this cos we all know 1 fine day it will turnaround

Or forgetting it and miss the first 20-30% of a real run then join the party

Or is there a 3rd choice

Can't deny this is very true 😂



TheContrarian

Another clue : Wait for the return of Leno and Stockraider.

2 minutes ago

Fundamentals of insas is what u call an open secret...no argument needed

Look at the chart guys, see if the U shape forms, if it doesn't can forget about insas already and let contrarian do the work lol

If the U shape forms u have 40MA sitll pointing up, insas is firmly above 200MA, SO RSI will both point up beautifully and u have another round of 1.25-1.30 before it rockets up 😉

@Knusford can you proceed with the share split first, we want some trading opportunities hello

Ekovest is right, they can wait for better highway valuation. Meanwhile sell it down below 43 let LKH complete his exercise and also let us buy some cheap 😉

I have given up on this counter already - liquidated averaging 37 and kept just 5% of my original holdings. That a retailer like me support so long and finally exit, is it an indicator turnaround is around the corner? 🤣

Wah this forum still so active despite the low volume. But missing stockraider and leno. Later buy some show support ya

Chart so weak and range bound. See chart don't need buy don't need trade. See long-term cannnnnnn buy keep wait for the bounce, and then more

But long-term for this return...unwarranted - that's why I am buying warrants. Made money on WC many rounds, lost money on mother share every round cos can't resist cutting loss on mother and swap to WC each time 🤣

CEO shouted out Ebitda US$1B by 2025

Bloomberg reports Yinson seeking US$1B by this month before the eventual spin-off listing of FPSO assets as soon as 2026

CEO further stated back in Sep'23 its smallish RE business will turn profitable by this year

And unlike some companies that only shout out and sign MOUs...Yinson alreaddy has the 100B contracts in hand and they are reporting record profits quarter after quarter

BUT share price languishing this way, buy also bored, or scared, depending on how much you have.

I have to pause until momentum kicks in. Yawns.

I suppose I made a terrible mistake not buying all 3 of them but just buying DNEX 2 weeks ago...........

Low-ish valuation, not good news



anson938

https://www.orientaldaily.com.my/news/business/2024/03/06/635528
Prolintas listing

15 hours ago

And theta zainal abidin is not the same zainal abidin that forumers are scolding lol

Can only say, thankfully most of us took the money and ran. Now we can buy again. Given its long history of disappointing us, I am not taking 32.5 cents just yet, give another 10-20% buffer (or miss it...)

The bloomberg reported US$1B pre-IPO fund raising is huge.

US$1B > 60% of present market cap

Again, given Yinson's track record (in terms of share price), it may or may not move the needle

The wait contiues, good counter, no fear, have patience

This month expect Yinson to announce all time high quarterly results.

At the same time, expect Yinson share price to either go side ways or move down lol

To be contrarian, the fact that forum comments have drastically fallen suggest bottoming process, recovery could come soon. Buy at 0.265, you get it 37% than Tong wahhhh

hng33 still holding? this round you became a nice indicator of retail fund flow days before results announcement. Go MYEG

DNEX is ok. This counter is fairly liquid, you can trade it

Short term, we see whether it touches 0.330 again. That's a strong support. If it breaks then short term traders can watch with popcorn dont act. Should it touch 0.330 and bounce back, that's a nice retest of lows. There's still the intraday low of .315 to watch out for. It'll be far more interesting even for anyone who already has shares for it to retest .330 quickly rather than go 34-35 sideways

NIISE supposed to be announced 26th March which is just a few weeks away. The way the 3 counters have been moving, they are saying DNEX is out lol. Expect a small blip if they get NIISE. To answer i3Broly, I suppose we should think DNEX, they are the largest and have credibility for already having multiple Govt contracts, IRB is a strong one albeit so small. Tun Noor's sweet smile and waving and CEO's Palestinian crusade should help the cause

In the next few months, placement expected. The classic move is to spend a few weeks to a month drive it up (but before that which is now, push it down), then placement comes and drive it up further for placement shares to be unloaded. Placement price usually forms a good psychological bottom. So if they place it out at say 38 cents, it should form a new bottom until it breaks. Granted, 38 cents would be terrible and hugely dilutive to existing shareholders. But we take what we get, better than nothing

Longer term, many unbelievable events
1) Silterra CGP arbitration resolution. Whatever the outcome it should be better than now, if we look back how much it has fallen since the uncertainty. CEO say 1Q24 will resolve. But we should get use to delays. So, long term, wait
2) Foxconn JV, plans submitted back in Aug-Sep'23. Govt so eager for FDI. What's up here? Does everyone really have to move this slowly. Consolation, at least this MOU did amount to some hope.
3) Recovery of semicon demand. Inari, AEM, etc are not doing well too. Well, all of them are consistent to say recovery is in sight 2H24. But this is what they say, it could drag on and on.
4) First oil from Ping which will double output, and eye on the spin-off oil listing they want

Fuyoh if it all hits this isn't just a 1B counter la

Risk scenario, the way the share is moving, cannot rule out a rights issue. Consolation, they have to have good reasons, it could be Foxconn JV, Silterra takeover/upgrade, Ping acquisition of new oilfield etc...all of which isn't too bad la. If we already have a lot, we can only hope they are going to issue at a higher price. If we dont have much, then whatever comes is fine, we can buy low sell high lor

So DNEX is okla. Add it and play with it

Yes but the point is what if Ekovest continues to bleed in highway operations but profit from construction? Since buying Ekovest is buying all of its business including durians. Knusford will be pure play.

Problem is we dont know what's the whole gameplan...Ekovest will own too much of Knusford, what's their next move

Volume not there yet. If today can do 50M shares and close ar 345-350, that should be quite bullish

MYEG's management is quite superb really. We can all see that they are consciously diversifying away from MY Government risk and doing so with quite a fair bit of success already. Now go other 3rd world countries provide similar services. Pride of Malaysia!

Looks quite attractive la, "quietly" gapped down and now hovering at this price give new traders chance to punt, old traders chance to average down. We all know this is a goreng stock. They dont report 600M loss I can accept already lol

Apparently no one cares about DNEX...can't find any news write up on latest results, not even the Edge lol

This result considered ok la no surprise

So happy to see Bursa have today huattttttttttttt

WTF anyone saw that preclose volume BURSA BULL IS ONnnnnnnnnnnnnnnnnn

When stocks get bashed down and then rebound without much difficulty...like Armada, LHI post results...you know we are in a bull market



Yinson warrants up dont too happy ya that's me and my small money testing, since big seller sleeping

Analyst are forecasting circa 500M net profit for FY24. I think that's a gross underestimation.......

Here you go https://research.uobkayhian.com/content_download.jsp?id=77558&h=82588a43d416a5f52e4304f2ff26063c





OrlandoOilWeb3AI

Anyone has UOB analysis report can post here?

UOB ought to be bullish going by this QR

6 hours ago

Yes Knusford will takeover Ekovest's most profitable business while Ekovest carries the baby with finance cost exceeding revenue 😱