Posted by OTB > 21 hours ago | Report Abuse

TA reading of YTLPower.
According to the Elliott Wave theory, I believe the share price of YTLPower will start to move up this week.
The share price is still in an uptrend channel and supported by the lower line of the uptrend channel.
This correction is quite long, it lasted about 2.0 months.
The uptrend started after the share price crossed 3.71 and 3.83 respectively in the previous week.

Looking at the monthly chart, the present correction is a Second Wave down.
The correction of this super uptrend lasted about a month previously.
But the present correction is already 2 months.
Hence the present correction is classified as Second Wave down.
I believe the candle on 15/3/2024 is a trend reversal candle.
The Third Wave up trend has started after 15/3/2024.
Once the Third Wave up starts, the share price movement will be very fierce due to the huge profit of the Nvidia and YTLPower partnership on data storage centers.
I believe the share price of YTLPower will move up north very fast.
I also believe the target price of YTLPower in 2024 will be very high.
Note :
There is no 100% sure TA is very accurate, the technical chart serves as a guide only.
Good luck.
Thank you.
--------------------------
Good news !!!
The share price of YTLPower is bullish now.
The share price is above the 20-day EMA.
Daily MACD, Parabolic SAR, Force Index and Stochastic Index, all show buy signals.
I believe the correction is over after 2 months.
Looking forward for the share price of YTLPower to cross 3.95, 4.07 and 4.24 respectively.
--------------------
3.95 is crossed convincingly, next resistance to cross is 4.07.
Hope to cross 4.07 in the next few days.
The best scenario is to cross 4.24 convincingly.
Slow and steady win the race.
Good luck.

Thank you.

I bought YTLPower in a very big way at 1.10 only, very huge profit now.
I am a bit disappointed with Yinson and Yinson-WA.
I spotted Yinson-WA and YTLPower around 0.70, I bought Yinson-WA instead of YTLPower because all 10 analysts were recommending Yinson. No analyst recommended YTLPower.
Until now, Yinson-WA still cannot perform despite very good net profit reported in Yinson FY 2024 result.
I feel sad because Yinson just cannot perform.
I have studied all FA of Yinson in great details, just cannot understand why the share price of Yinson and Yinson-WA cannot perform.
All effort wasted.
Nothing to write here because the share price just cannot perform.
Thank you.

The share price was blocked at 3.95 yesterday.
The share price is blocked again at 4.00 and 4.01 today.
Hopefully, the share price can cross 4.00 today.
Good luck.
Thank you.

Posted by OTB > 21 hours ago | Report Abuse

TA reading of YTLPower.
According to the Elliott Wave theory, I believe the share price of YTLPower will start to move up this week.
The share price is still in an uptrend channel and supported by the lower line of the uptrend channel.
This correction is quite long, it lasted about 2.0 months.
The uptrend started after the share price crossed 3.71 and 3.83 respectively in the previous week.

Looking at the monthly chart, the present correction is a Second Wave down.
The correction of this super uptrend lasted about a month previously.
But the present correction is already 2 months.
Hence the present correction is classified as Second Wave down.
I believe the candle on 15/3/2024 is a trend reversal candle.
The Third Wave up trend has started after 15/3/2024.
Once the Third Wave up starts, the share price movement will be very fierce due to the huge profit of the Nvidia and YTLPower partnership on data storage centers.
I believe the share price of YTLPower will move up north very fast.
I also believe the target price of YTLPower in 2024 will be very high.
Note :
There is no 100% sure TA is very accurate, the technical chart serves as a guide only.
Good luck.
Thank you.
--------------------------
Good news !!!
The share price of YTLPower is bullish now.
The share price is above the 20-day EMA.
Daily MACD, Parabolic SAR, Force Index and Stochastic Index, all show buy signals.
I believe the correction is over after 2 months.
Looking forward for the share price of YTLPower to cross 3.95, 4.07 and 4.24 respectively.
Good luck.

Thank you.

TA reading of YTLPower.
According to the Elliott Wave theory, I believe the share price of YTLPower will start to move up this week.
The share price is still in an uptrend channel and supported by the lower line of the uptrend channel.
This correction is quite long, it lasted about 2.0 months.
The uptrend started after the share price crossed 3.71 and 3.83 respectively in the previous week.

Looking at the monthly chart, the present correction is a Second Wave down.
The correction of this super uptrend lasted about a month previously.
But the present correction is already 2 months.
Hence the present correction is classified as Second Wave down.
I believe the candle on 15/3/2024 is a trend reversal candle.
The Third Wave up trend has started after 15/3/2024.
Once the Third Wave up starts, the share price movement will be very fierce due to the huge profit of the Nvidia and YTLPower partnership on data storage centers.
I believe the share price of YTLPower will move up north very fast.
I also believe the target price of YTLPower in 2024 will be very high.
Note :
There is no 100% sure TA is very accurate, the technical chart serves as a guide only.
Good luck.
Thank you.

Dear dragon328,
Thank you for your good information and hardwork.
It is always very hard to write and recommend a stock.
Thank you.

Dear dragon328,

Please help to give your projection of net earning or PAT for the followings :-

1.) Wessex Waters to turn around from April 2024.
What is the net earning or PAT for FY 2024, FY 2025 and FY 2026 ?

2) 1st phase data centre with SEA Group to start contributing profit from 2H 2024.
What is the net earning or PAT for FY 2024, FY 2025 and FY 2026 ?

3.) The company is currently in the process of onboarding another new customer for an additional 16MW (DC) within this colocation facility.
What is the net earning or PAT for FY 2024, FY 2025 and FY 2026 ?

4.) Malaysia allowed to sell 100 MW of electricity to Spore, is this project on now or when to start contribute net earning or PAT to YTLPower ?
What is the estimated net earning or PAT per year ?

Please advise.
Thank you.

Posted by PureBULL ... > 5 hours ago | Report Abuse

as always, sifu otb has a tough Q.
i need sometime to think integratively for an A.

usually the best GWS in msia is pretty much like the journey up to Genting.
the 2nd mountain from Awana to Casino is the exponential big wave of money.
we saw that magically happened in ytlp when mr ng of NVDA came to meet pmx.
there could be exception in ytlp's case to extension of EW Theory.
--------------------
Thank you sifu PureBull.
I hope it is a pure bull all the way for YTLPower.
Best regards always.

Post removed.Why?

Posted by JMpower > 15 hours ago | Report Abuse

MR OTB when the correction will over for YTLP?
------------------------------------
I really do not know when the correction will be over.
Based on monthly chart of YTLPower, since the uptrend started, the correction is always less than 1 month except the present correction is around 2 months.
For a strong uptrend stock like YTLPower, I believe the correction should not last more than 2 months, otherwise, the strong uptrend momentum will be weakened.

Based on the daily chart, I see the candle on 15 March 2024 is a trend reverse candle.
I hope to see the uptrend starts again if the share price of YTLPower can close above 3.94.
There is no sure thing on TA chart, it serves as a guide only.
Thank you.

Posted by xiaochen > 6 minutes ago | Report Abuse

@ Mr. OTB
I feel sorry if my post do hurt your feeling. Sorry for that, i don‘t meant that.
-------------------------------
Ok, no worries.
I feel very fine now.
Thank you.

Dear PureBull sifu,

If you look at the monthly chart of YTLPower, can I say the present correction is Second Wave down ?
The correction may be over in 2 months.
Assuming the current correction is over, the Third Wave up will start after this correction is over.
According to the Elliott Wave theory, the Third Wave up is the most impulsive wave.
The Third Wave up will bring the share price of YTLPower to a new high.
Do you agree this Third Wave up is tied to Nvidia partnership with YTLPower on data storage center ?

Since the start of a strong uptrend of YTLPower from March 2023 onward, the correction is always very mild, it is always over in less than a month.
Hence the present Second Wave down will be over in around 2 months.

Look at the daily chart, is the candle on 15/3/2024 a trend reversal of this correction which lasts about 1.5 months.

Please review and advise.
Thank you.

Dear xiaochen,

I recommended to buy YTLPower at 1.10 on my good deeds.
I also follow dragon328 to say that the PER of YTLPower to be 15.
The target price is 6.30.

I did not force anyone here to buy.
I also follow dragon328 to say that the earning from Nvidia Supercomputer on data storage center is huge.
I showed my calculation and the target price based on new earnings from Nvidia partnership in this forum.

Anyone wants to buy or sell is none of my business.
I did not attack anyone here.
I just defend myself in this forum.
Please be fair to me.

I never attack anyone in I3.
I also never tell any lie in I3.
I talk with my facts and figures.
I back up my facts with chart or known news.
I never twist the facts to suit me.
I answer any enquiry here with known facts and act very gentlemanly.
Please be fair to me.
Thank you.

A person is good, the god will bless him.
I stop here.

It is not education that count when you start work.
I am definitely more qualified than Ks55 as far as stock market is concerned.
1.) I am a qualified remisier for 30 years.
2.) I trained a few thousand students in Malaysia and Hong Kong.
3.) Many of my students are doctors, lawyers, engineers, company directors and other professionals.
4.) I make more money from KLSE than Ks55.
5.) I can write many good recommendation reports on stocks.
6.) I made many readers here to become millionaires.
7.) All readers who follow my recommendations so far since 2013, they made million from my recommendation.
8.) I help Mr Koon to make a few hundred million from KLSE, this money is donated to all poor students to continue their studies in University.

Ks55 has nothing here.
Ks55 can bullshit more than me.

Ks55 told the world and in I3, he showed off to a poor person in I3 that he has 15 million put in FD.
If I do not have more than him and I am telling lies here, karma will hit hard on me.
Your 15 million is nothing here, please shut your mouth.
Do not show off to me, I am richer than you many times.

Ks55 is a low class and pariah person here.
A good person will not behave so low class here.

Ks55,
You can challenge others but not me.
I have said a few years back and challenge you that my children are more capable than yours.
They earned more money than yours.

Post removed.Why?

Post removed.Why?

I recommended YTLPower at 1.10, wait for the final result at the end of 2024.
See whether YTLPower can perform or not.
See Cresndo is better or YTLPower is better.
Talk now is bullshit.
No point argue here

I have spelled the records to show, show us loh !!
Do not bullshit here.
No record to show in I3, it is just as good as bullshit here.
I have many good records to show.

All readers who follow my recommendation to buy those stocks I recommended since 2013, they are all millionaires.
Show me your records to challenge me.
No record is as good as telling lies here.

Ks55,
If you have balls, challenge me gentlemanly.
If you have very good records, show them to me.
You have nothing to show, do not disgrace yourself here.

Posted by rchi > 4 hours ago | Report Abuse

This is a fact.
Zhuge_Liang > 6 minutes ago | Report Abuse

dragon328 recommended YTLpower at 0.70. The share price moved up 451% so far todate.
OTB recommended YTLpower at 1.10. The share price moved up 251% so far todate.
-----------------
Very easy, any stock he can select, can gain 451% or 251%.
I want to see Cresndo can gain 451% or 251% in 2024.
If cannot, nothing to be proud of.
YTLPower is still the better stock which has gained 451% or 251%.

If not happy, want to challenge me, it is fine.
Please compete in I3 stock pick competition every year.
Can win 2 times champions, then can beat me loh.
I was the champion in 2015 and Runner-up in 2014.
Win 2 times champions only can beat me.

If still not happy, make multi million profit from KLSE to beat me.
At least I made multi million in VS, Supermx and YTLPower

Still not happy, produce this type of results to beat me.
My recorded performance from 2013 to 2019
Assume I started with RM 100,000.00 in 2013.
2013 - 104% ROI - My total value is now RM 204,000.00.
2014 - 61% ROI - My total value is now RM 328,440.00.
2015 - 129% ROI - My total value is now RM 752,128.00.
2016 - 22% ROI - My total value is now RM 917,596.00.
2017 - 87% ROI - My total value is now 1,715,904.50
2018 - (42%) ROI - My total value is now 995,224.60
2019 - 175% ROI - My total value is now 2,736,847.60
This portfolio gained 2,637% in the last 7 years.

Still not happy, challenge me on any stock he can select from KLSE, can make this type of profit in order to beat me.
I recommend Supermx at 3.60, the share price of Supermx went up to a high at 24.50 in less than 6 months.
Show me if he can recommend this type of stock to help > 100 readers in I3 to become millionaires.

Got balls, please challenge me.
Thank you.

So good make so much money, please show the record.
No record to show, all bullshit here.

Post removed.Why?

Uncle and nephew fight resulted the share price of Ekovert dropped to a low at 0.44.

In order for the technical chart of Ekovert to be bullish, the share price must close above 0.51.
The best scenario is to close at high which is at 0.515.
Thank you.

Post removed.Why?

Posted by Permutation > 22 seconds ago | Report Abuse

@OTB, Tq for your calculation.
May I know on what basis you assume EDITDA margin of 50% ?just a wild guess? TQ
------------------------
Please read dragon328 write up on data storage center.
EDITDA margin is 50%.
Thank you.

Posted by Sslee > 1 hour ago | Report Abuse

YES csn't even compete with local telco. Do you think Ytlpower Data center can compete with many MNC companies data center?
-------------------------
YTLPower has no knowledge to build power plant, the management learned it from Siemens.
YTLPower constructed the power plant with great success, it took less than half of the time to build this power ahead of others.
YTLPower is very successful now base on current records.

Nvidia will help YTLPower to make this data storage center in great success.
It is Nvidia brand that count on this project.
Let time tells us the answer in the next 2 years.
I do not want to argue here.
Thank you.

Post removed.Why?

Post removed.Why?

Ks55,
If you have balls, challenge me gentlemanly.
If you have very good records, show them to me.
You have nothing to show, do not disgrace yourself here.

Posted by rchi > 4 hours ago | Report Abuse

This is a fact.
Zhuge_Liang > 6 minutes ago | Report Abuse

dragon328 recommended YTLpower at 0.70. The share price moved up 451% so far todate.
OTB recommended YTLpower at 1.10. The share price moved up 251% so far todate.
-----------------
Very easy, any stock he can select, can gain 451% or 251%.
I want to see Cresndo can gain 451% or 251% in 2024.
If cannot, nothing to be proud of.
YTLPower is still the better stock which has gained 451% or 251%.

If not happy, want to challenge me, it is fine.
Please compete in I3 stock pick competition every year.
Can win 2 times champions, then can beat me loh.
I was the champion in 2015 and Runner-up in 2014.
Win 2 times champions only can beat me.

If still not happy, make multi million profit from KLSE to beat me.
At least I made multi million in VS, Supermx and YTLPower

Still not happy, produce this type of results to beat me.
My recorded performance from 2013 to 2019
Assume I started with RM 100,000.00 in 2013.
2013 - 104% ROI - My total value is now RM 204,000.00.
2014 - 61% ROI - My total value is now RM 328,440.00.
2015 - 129% ROI - My total value is now RM 752,128.00.
2016 - 22% ROI - My total value is now RM 917,596.00.
2017 - 87% ROI - My total value is now 1,715,904.50
2018 - (42%) ROI - My total value is now 995,224.60
2019 - 175% ROI - My total value is now 2,736,847.60
This portfolio gained 2,637% in the last 7 years.

Still not happy, challenge me on any stock he can select from KLSE, can make this type of profit in order to beat me.
I recommend Supermx at 3.60, the share price of Supermx went up to a high at 24.50 in less than 6 months.
Show me if he can recommend this type of stock to help > 100 readers in I3 to become millionaires.

Got balls, please challenge me.
Thank you.

Posted by rchi > 4 hours ago | Report Abuse

This is a fact.
Zhuge_Liang > 6 minutes ago | Report Abuse

dragon328 recommended YTLpower at 0.70. The share price moved up 451% so far todate.
OTB recommended YTLpower at 1.10. The share price moved up 251% so far todate.
-----------------
Very easy, any stock he can select, can gain 451% or 251%.
I want to see Cresndo can gain 451% or 251% in 2024.
If cannot, nothing to be proud of.
YTLPower is still the better stock which has gained 451% or 251%.

If not happy, want to challenge me, it is fine.
Please compete in I3 stock pick competition every year.
Can win 2 times champions, then can beat me loh.
I was the champion in 2015 and Runner-up in 2014.
Win 2 times champions only can beat me.

If still not happy, make multi million profit from KLSE to beat me.
At least I made multi million in VS, Supermx and YTLPower

Still not happy, produce this type of results to beat me.
My recorded performance from 2013 to 2019
Assume I started with RM 100,000.00 in 2013.
2013 - 104% ROI - My total value is now RM 204,000.00.
2014 - 61% ROI - My total value is now RM 328,440.00.
2015 - 129% ROI - My total value is now RM 752,128.00.
2016 - 22% ROI - My total value is now RM 917,596.00.
2017 - 87% ROI - My total value is now 1,715,904.50
2018 - (42%) ROI - My total value is now 995,224.60
2019 - 175% ROI - My total value is now 2,736,847.60
This portfolio gained 2,637% in the last 7 years.

Still not happy, challenge me on any stock he can select from KLSE, can make this type of profit in order to beat me.
I recommend Supermx at 3.60, the share price of Supermx went up to a high at 24.50 in less than 6 months.
Show me if he can recommend this type of stock to help > 100 readers in I3 to become millionaires.

Got balls, please challenge me.
Thank you.

Dear dragon328,
Please comment on the below article written by cgtan2020.
Thank you.
--------------------------------
Posted by cgtan2020 > 4 days ago | Report Abuse

@dragon328 CoreWeave will have about 45,000 GPU (NVIDIA HGX H100) in 2024, with each GPU rent @ USD4.76 per hour. If 90% of the capacities is on rent, it will generate about USD1.688Billion of revenue in 2024. How do you think YTL AI DC of 100MW will be like when all is deployed? Conservative guess will do.

I still believe the share price of YTLPower can move up to 6.00 to 9.00 in the next 2 years.
Time will tell me the right answer.
Let me know what is the share price of YTLPower at the end of 2024 and 2025.
No point to attack us now, I have spelled out my target prices clearly.
Want to challenge, wait for the answer at the end of 2024 and 2025.
You can tease me or laugh at me at the end of 2024 and 2025.
Thank you.

I do not want to waste time to argue, I believe in actual results.
So good, back up with facts and figures to beat me.
Thank you.

Posted by rchi > 4 hours ago | Report Abuse

This is a fact.
Zhuge_Liang > 6 minutes ago | Report Abuse

dragon328 recommended YTLpower at 0.70. The share price moved up 451% so far todate.
OTB recommended YTLpower at 1.10. The share price moved up 251% so far todate.
-----------------
Very easy, any stock he can select, can gain 451% or 251%.
I want to see Cresndo can gain 451% or 251% in 2024.
If cannot, nothing to be proud of.
YTLPower is still the better stock which has gained 451% or 251%.

If not happy, want to challenge me, it is fine.
Please compete in I3 stock pick competition every year.
Can win 2 times champions, then can beat me loh.
I was the champion in 2015 and Runner-up in 2014.
Win 2 times champions only can beat me.

If still not happy, make multi million profit from KLSE to beat me.
At least I made multi million in VS, Supermx and YTLPower

Still not happy, produce this type of results to beat me.
My recorded performance from 2013 to 2019
Assume I started with RM 100,000.00 in 2013.
2013 - 104% ROI - My total value is now RM 204,000.00.
2014 - 61% ROI - My total value is now RM 328,440.00.
2015 - 129% ROI - My total value is now RM 752,128.00.
2016 - 22% ROI - My total value is now RM 917,596.00.
2017 - 87% ROI - My total value is now 1,715,904.50
2018 - (42%) ROI - My total value is now 995,224.60
2019 - 175% ROI - My total value is now 2,736,847.60
This portfolio gained 2,637% in the last 7 years.

Still not happy, challenge me on any stock he can select from KLSE, can make this type of profit in order to beat me.
I recommend Supermx at 3.60, the share price of Supermx went up to a high at 24.50 in less than 6 months.
Show me if he can recommend this type of stock to help > 100 readers in I3 to become millionaires.

Got balls, please challenge me.
Thank you.

Do not waste your time, tin kosong is only good in bullshit in I3.
Show us the result if he can beat me.

I never see him recommend a stock in I3 block.
An university graduate, so what ?
Cannot even recommend a stock in his block with good write up.
Bullshit a few sentences is not a recommendation in I3.
Recommend a stock with good write up and write with facts and figures.
He cannot do it, he can only bullshit in I3.
Not happy, please show it.
Thank you.

I admire those make a lot of money from KLSE.
I admire those talk with facts and figures.
I admire those share good information in I3.

How good you are ?
I measure and I want to know how much he makes from KLSE or the stock market.
I admire those make a lot of money but not bullshit a lot in I3.
Thank you.

Posted by PureBULL ... > 19 minutes ago | Report Abuse

this is to LOL together ever after:

my laupengyu sifu otb wanted me to pay him 5 to 8 k to relearn from him.

he's ANGRY to me forever, for not doing so.
BCOS: i told him to relearn from my MU friend, H Ho in Geology n was from pricy petronas, n he n mrs did so.
n he became ever better from T3B...

otb is a simple man to deal with face to face.
i was shockalingam when many on i3 want to loot.kow otb.
-------------------
I think this person is drunk, simply talk nonsense here.
I am not interested to argue and I know the above are not factual.
Anyone can attack me, I will ignore it totally because I know that many of these naysayers have no material in them.
A good person will never attack anyone in I3.
A good person will appreciate because he knows that sharing information here is free with good deeds.
I always grateful to anyone who helps me directly or indirectly to make money from KLSE.
I am only interested in the information he provides and he talks with facts and figures.
Thank you.

Luck plays an important role in the share investment.
Choose a very profitable company, yet the share price of this company still cannot perform.
It means you do not have luck in this stock.
Good luck.

I means the performance of Yinson.
Continue to lose money will depress the share price.
Continue to make good and high profit will enhance the share price.

If the share price still cannot perform, investors will dump the shares.
I believe the CEO also want the share price to move up north.
He also want to become the 9th richest man in Malaysia like TS Francis Yeoh.
Thank you.

I repost this article, hopefully the BOD of Yinson will take action to help the share price of Yinson.
Thank you.
-----------------------------
Look at earnings of GenM and compared against Yinson.
GenM
NOSI = 5.938 Million
PAT in Q4 2023 = 240 million
I projected PAT in FY 2024 = 1.152 billion.
EPS = 0.194.
PER = 15.0

Yinson
NOSI = 3.064 Million
PAT in Q3 2024 = 248 million
I projected PAT in FY 2024 (Jan 2024) = 940 million.
I projected PAT in FY 2025 (Jan 2025) = 1.041 billion.
EPS = 0.34
PER = 7.03

Note :
Both GenM and Yinson have high debts.
The share price of GenM = 2.91.
The share price of Yinson = 2.39.
The total order book of Yinson = USD 22.4 billion or RM 105 billion, it can last until 2048.

Target prices set by IB for GenM are as follows :-
1. CGS - 4.00
2. Maybank - 3.26
3. TA - 3.17

Target prices set by IB for Yinson are as follows :-
1. Maybank - 5.05.
2. AMI - 4.00.
3. UOB - 3.75.
4. Kenanga - 3.39.
5. CIMB - 3.18.
6. RHB - 3.06.

Do you think or agree the share price of Yinson worths only 2.42 after a good FY 2024 result ?

The problem is the BOD of Yinson did not support the share price of Yinson.
They know to create profit for Yinson.
They do not know how to create wealth for all the shareholders of Yinson.
The CEO of Yinson failed miserably in this area.

The best CEO of the public listed company in the KLSE is TS Francis Yeoh. He knows to create profit for the company and also to create wealth for all shareholders of YTLPower.
TS Francis Yeoh knows very well how the stock market operates and how to create wealth for his shareholders.
TS Francis Yeoh brings in foreign funds to buy out all shareholdings of EPF so that the share price of YTLPower can move up north very rapidly.

The CEO of Yinson has no good connection with fund managers, he did not do anything to attract foreign funds to invest in Yinson. He just let EPF buys and sells at their fancies and the worst part is he did not support the share price of Yinson.
All investors of Yinson are very disappointed with the BOD of Yinson. No action to support the share price of Yinson.
Thank you.

If Yinson is not doing well, the owner of Yinson is the first one to be a bankrupt.
I believe Lim's family secured bank loan to subscribe for right issues.

Looking at the current order book of USD 22.4 billion or RM 105 billion, I believe Yinson will perform very well in the next 2 years.
Once FPSO vessel Agogo is delivered at the end of 2025 and find oil, the worst financial stress of Yinson will be over.
I believe the free cash flow will be positive in FY 2026 or FY 2027.

The share price of Yinson must perform, otherwise a good PAT will not benefit the shareholders of Yinson.
Like what the analyst from Maybank set the target price at 5.05, if the share price of Yinson can achieve this target price, Yinson will be a component stock of FBMKLCI in 2027.
Good luck.
Thank you.

Do not expect high dividend because the debt of Yinson is high.
Need to reduce the debt, reduce interest payment and increase PAT.
Gross profit is 925 million in Q4 2024.
But the finance cost is 316 million in this quarter.
About one third of gross profit is to pay interest.
Thank you.

I invest based on 3 portions of my capital allocated.
I only invested first portion of my capital allocated.
I did not invest the second and third portions of my capital on Yinson because this stock cannot perform.
I just do not have a chance to add position.

Unlike YTLPower and KGB/WB, I have a chance to add positions.
I am totally invested for YTLPower and KGB/WB.
Thank you.

Posted by rl68 > 1 hour ago | Report Abuse

@OTB, please share 3 keys insights from meeting the management of Yinson. Tq.
---------------------
Please read all my postings, I have covered all.
My portfolio on Yinson is a small one, I invest in Yinson because of strong fundamental and a growth stock.
Yinson is a very good investment for long term.
Strong cash flow will happen in FY 2027.
PAT will be > 1 billion after FY 2025.
Debt will be reduced after deliveries of FPSO vessels of Atlanta, Maria Quiteria and Agogo.
Thank you.

Please read this report via the link below.
https://www.oaklandspath.com/the-fpso-industry-and-top-tier-lessor-and-operator-yinson
This article would not have been possible without the sharing of Raymond Yap of CGSCIMB and Keat Seng of KSC.

According to a foreign broker report (Oaklands Path), the loan of a FPSO vessel will be taken over by the oil company once the vessel is delivered and finds oil.
In this case, both FPSOs Atlanta and Maria Quiteria will be delivered in the mid of 2024.
I am very sure they will find oil in 2024.
If the loans are taken over by the oil company, then the net debt will be reduced.
However, the loan on FPSO Agogo is US 1.5 billion, it is still outstanding.

I believe the cash flow will be positive in FY 2017 once FPSO Agogo is delivered and find oil at the end of 2025.
Thank you.

I do not think so because Yinson took 4 big orders at one go in 2021/2.
The construction cost of 4 FPSOs is about USD 6 billion.
This big amount of money has to come out from Yinson.
I met the management, they told me they have no choice because they want to expand FPSO business.
In future, Yinson will take one FPSO per year.

After the delivery of FPSO Atlanta and Maria Quiteria in the mid of 2024, financial stress on Yinson will be disappeared.
FPSO Agogo will be the only vessel left after mid 2024.
FPSO Agogo will be delivered at the end of 2015.
Thank you.