Can’t really think of any case where SBB of this scale actually worked to move the share price. But this is Bursas only direct oil play ex futures. Looking pretty solid but so far range bound. Observe & monitor first. Liquid counter easy in easy out

Still cheap, doesn’t need much news. Earnings set to rise as the 1B outstanding job in hand has less than 2 years to be completed and recognised. It’s gonna be dull for as long as it fails to secure any exciting jobs…Pan Borneo…MRT3…even the retendered flood works…

It does, emotionally. So far so good hope I’m not missing anything. To be fair relative to the broader market, it is what it is, Agogo included. Its appeal is the pristine track record

It looks like it wants to test support at 2.60 before breaking 2.700 multi-weeks resistance. Mother share still small movements, solid

Managed to buy back warrants sold earlier, and continue to add to mother share position, good luck

Yinson NEVER disappoints

Why buy Velesto, Armada, when there is Yinson?

Yinson is pleased to announce that, on 27 February 2023, Yinson Azalea Production Pte Ltd and Yinson Azalea Operações Angola - Prestação de Serviços, (SU), LDA, each an indirect wholly owned subsidiary of Yinson, have entered into the Contract with Eni for the provision of a floating, production, storage and offloading vessel to be deployed for the Agogo Integrated West Hub Development Project, located in the West Hub part of Block 15/06 in Angola (“Agogo FPSO”) to process hydrocarbons; and provision of operation and maintenance services for the Agogo FPSO respectively.

Pursuant to the Contract, the term of the charter is for a fixed period of 5,479 days or approximately 15 years, with the option to extend the term of the charter for up to five (5) years thereafter. The estimated aggregate value of the Contract is approximately USD5.3 billion or equivalent of RM23.6 billion (inclusive of an optional 5 years extension period).

GABUNGAN AQRS: (AQRS MK, CP: MYR0.32, Not Rated) Ended the year with a bang
Maybank IBG Retail Research

Gabungan AQRS’ 4Q22 PATMI grew 6% YoY to MYR5.6m, which brought FY22 PATMI to MYR20.8m (+26% YoY). Excluding net exceptional losses, its FY22 core PATMI amounted to MYR25.4m (+31% YoY). The group recorded net exceptional loss of MYR2.9m a year ago. No dividend was declared for the quarter.

The stronger FY22 results were mainly driven by its property development segment, of which segmental revenue and PBT grew 127% and 250% YoY respectively thanks to contribution from its E’Island Lake Haven development. This more than offset the weaker contribution from its construction segment which was impacted by higher operating costs.

Moving forward, earnings would be supported by its strong pipeline. Note that its construction segment has an outstanding order book of MYR1b, while its property development segment has an unbilled order book of MYR353.9m. Backed by this, the street is forecasting a robust 65% 3-year EPS CAGR for FY22-25.

Brokers are Positive on the stock with four Buy calls. The mean target price is MYR0.43. At current price, the stock is trading at 4.3x FY23E consensus EPS. In comparison, the Bursa Malaysia Construction Index trades at a prospective FY23E PER of 13x. Balance sheet wise, its net gearing ratio stood at 0.2x as at end-Dec 2022.

This strongly suggests a larger upfront payment than analysts expect.

Extended by another 8 days

But, what kind of Msia company does a RM 1.374B contract in a matter of 3 months?

WOW

On 5th December

A summary of the salient terms of the APA is as follows:
a) The tenure of the APA is for a period of 60 days or approximately two (2) months from the Effective Date of the APA.
b) The estimated aggregate value of the APA is approximately USD218 million (equivalent to approximately RM956 million), subject to the terms and condition of the APA.

The estimated aggregate value of the APA is approximately USD 310 million (equivalent to approximately RM1,374 million), subject to the terms and condition of the APA.

On 17 February 2023, ENI Angola S.P.A. has entered into an agreement with YAPPL to further extend the tenure of the APA from 20 February 2023 to 28 February 2023 (“APA Extension”). Save for the extension of the tenure and the estimated aggregate value, the terms under the APA remain unchanged and applicable to this APA Extension.

More of a gravestone doji...yeah not good. Let's see tmr. Hopefully no news is good news that theres something we dont know for the volume surge

2.5 trading days to completion date of US$200M prelim contract

Yeah, hard to tell it's real or fake block. It's not that much, could be retailers like us who got it at mid-20s cashing out. Beautiful volume beautiful breakout this one long time in the making

so which do you have more exposure, Yinson or Armada

You very hardworking checking their media release everyday ya good on you

For all practical purposes you can disregard KWAP's move. If you want to, you can watch EPF (internal fund management). EPF has been a strong supporter of Yinson from the very beginning and they are in it for the long term. EPF's external fund managers on the other hand may buy/ sell depending on market sentiment

It's more likely the other way round...EPF has been selling down and probably still selling if not done with their <5%. Above 30c however EPF could buy back on uptrend, especially if AQRS's fundamentals improve. This is what EPF does. U can laugh and say they buy high sell low, but most of the time they are right. They ride the uptrend and cut on the way down

To clarify, that was my reply to a message since deleted whcih suggested order book is close to 6B. Yinson has US16B order book wasn’t referring to market cap. Agree with the comment above, 10B not a problem. Market holding it back now in case of any negative surprise from Agogo

Correction, more like 16B USD, not 6

The long wait is over. Congratulasi

VS is a controlled stock, it moves when it moves

haha yup always respect the market dont fight the market

Did you realise that at this price AQRS is trading very close to its cash value per share, granted the cash are pledged for loans but it will all be released upon project completion.

Good project better than expected. 100acres land 1000units single storey easy high margin. Well done AQRS you still got it. Ini kalilah

Good video, good company



InsiderShark

https://www.youtube.com/watch?v=MCR6pVwylys

2 days ago

impeccable timing

The best refuge in this market tq Hibiscus

VS good buy now, but i dont have. Wait next quarter earnings, explode

Too many better alternatives over this

Only can fly after share conso

lain kali?

Time to reenter. Agogo win in 2 months, another 2 in 6 months. Best giler

Omg thank you Hibiscus well done management limit up tomorrow

Hey...all of us selling at 1.0+ and this thing isn't falling. We are not the smart money. So tomorrow 1.10? Or LU?

Long Live KYY

The Star
Supermax



ocbc

beside insas, any more counter cash is higher than stock price ??

1 month ago

Time to relook MYEG. 1 more leg down, sapu

Locked up and waiting for construction counters play. Comon AQRS

Yinson my biggest winner this year. Sold all mother shares swapped all to warrants, realised close to 100% gains all things considered. Thank you Yinson good luck

The recent volume, new shareholders, new acquisition, activiation of lime stone plant, this share don't move also don't believe

But the stock market is where your disbelief turns to belief lol

Probability is not wrong. But this counter became dangerous because of OTB effect, buyer beware

Sold all. Thank you Hibiscus and Uncle Yew Yin for high volume easy profit. Sale averaging 1.02 in a sea of red, going merdeka holiday good luck

Way too low bro James, winter is coming



James_Bond

One step closer to short term TP 100 cents! Haha…

1 hour ago

Tunggu apa hibiscusku

Perfect timing. Huat. Huat. Huatttttttttt

No limit up until resolve sabah issue

MoneyMakers

Super strong..lets see if oil rebound tonite

MoneyMakers

Super strong..lets see if oil rebound tonite


Nxt week explosive QR+div out..hopefully can rocket soon