Posted by Vincenzo999 > 1 month ago |

Post removed.Why?

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho from Jtiasa :


Posted by jjohnchew > 0 seconds ago | Report Abuse

Hoho ssleeee ur KonPetHuangbk is so low class le ….

Felix888999MummyDie
Felix888999MummyDie | Joined since 2024-12-28

—

Posted by Felix888999MummyDie > 5 hours ago | Report Abuse

@jjohnchew ...the SIO KAN price for fccuking my mother is increased from 150rm per fccuk to 170rm per fccuk based on wage increase from 1500 to 1700

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho ssleee i am name dropping again lo … nowadays only use this name :

👉 Hoho I am posted Top Glove TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 .. 
 




And posted the study on Nitrile Gloves Demand vs Supply of 7 Local Gloves company on August 2020 that Supply Shl fulfil Demand in 12 months …

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho still no FPSO Atlanta First Oil status ??? is delayed 2 times oredi from May to August to November 2024 ???

Still Strike issue or Technical issue ???
FPSO Atlanta capacity is 50,000 bpd ….


FPSO Petrojarl Enters Decom Phase as FPSO Atlanta Readies to Take Over
19 Nov 2024 — Petrojarl I FPSO at Atlanta field, which has a production capacity of 30,000 barrels of oil per day and a storage capacity of 180,000, will be ...

Posted by jjohnchew > 1 month ago | Report Abuse

Let’s do an illustration if Delayed A Day :

"In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta, which includes a 15-year firm plus a five-year option contract for the supply, operations and maintenance with a total contract value of up to US$1.981 billion (US$1=RM4. 71),” it said in a joint statement.


USD 1.981 billion x 4.30 = RM 8.52 billion/ 15 years x 365 days

1st oil if delayed of 1 Day Shl incurred Revenue Loss = RM 1.56 million/ day

Another risk : Currency exchange rate USD to RM is dropped to 4.46 from 4.71

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho previous Years Financial Report is not followed IFRS … used Operating leased instead of Finance leased with Elimination here n there … Next FY shl follow IFRS … just coincidentally Bursa announced on December 2024 … all Listed Companies to follow IFRS with backtrack to 3 years … make sure can track those Elimination figures lo …

Posted by Huangbk72 > 1 month ago | Report Abuse

Oh my goodness.. Miketikus teaching accounting now??? Don’t know better keep quiet

Wrong on all accounts. Under IFRS, finance and operating lease are the same for lessees.

Only difference is balance sheet and expense account.

What the heck is this Miketikus blabbering about

Posted by jjohnchew > 1 hour ago | Report Abuse

Hoho previous Years Financial Report is not followed IFRS … used Operating leased instead of Finance leased with Elimination here n there … Next FY shl follow IFRS … just coincidentally Bursa announced on December 2024 … all Listed Companies to follow IFRS with backtrack to 3 years … make sure can track those Elimination figures lo …

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho KonLee TinKosongKonPetHuangbk ke …

马交所要求上市公司 采用IFRS永续披露标准
2024年12月23日



吉隆坡23日讯）配合国家永续发展报告框架（NSRF）的推行，大马交易所修订了上市公司的永续报告框架要求，需采用IFRS永续披露标准。

Posted by jjohnchew > 1 month ago | Report Abuse

>>> This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective.

IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.

Posted by Huangbk72 > 1 month ago | Report Abuse

Aiyo Miketikus.. still spinning gibberish accounting theory that you have no idea about.

Go read up IFRS 16

Dont know, Miketikus better keep quiet. Embarrassment to all

Your grandfather theory ah? Can switch operating and finance lease as you like ?

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho copied from Jtiasa:

Posted by jjohnchew > 1 day ago | Report Abuse

Hoho ssleeee ur KonPetHuangbk is so low class le ….

Felix888999MummyDie
Felix888999MummyDie | Joined since 2024-12-28

—

Posted by Felix888999MummyDie > 5 hours ago | Report Abuse

@jjohnchew ...the SIO KAN price for fccuking my mother is increased from 150rm per fccuk to 170rm per fccuk based on wage increase from 1500 to 1700

Posted by Huangbk72 > 1 month ago | Report Abuse

LOL.. always same Miketikus reaction

When caught posting fake facts. will turn on his turbo gibberish mode.

Since you like to claim I own those abusive ids...

Dare to challenge a bet? Since you so scared of karma, loser lose for life in stock investing.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho TinKosong KonHuangbk blowing PMCORP with TP RM 2.00 , see its Value since November 2013 wow … must be loss naked liaw .. hibernated more than 7 years in cave since 2014 …

Holding Long Term wow >>> 2014 to 2024 is 10 years liaw …today Price is RM 0.14 …. PMCorp Sold Assets to acquired 100 % A&W ..Latest 4 consecutive QR are in Loss ! 😱🤣..

And keep lying and twisting shamelessly on her PMCorp cost is RM 0.245

Ppl in PMCorp asked him is a F or M , he just bla bla bla want to share ❤️ wow ..🤣🤣🤣🤔

>>>

👉Posted by Huangbk72 > 2013-11-21 11:51 | Report Abuse

To mikekong55 


I have been a follower of your stock recommendations. 


You have been fairly accurate in your assessment of PMCorp movement.

👉 I am also in PMCorp as I believe in buying and holding long term. Been accumulating from .27 till .36 till .26 and today .28. Being involved in FMCG business, I understand and see the value in PMCORP.


>>>>
After k awaken by Kon BobAxelrod on 2021 .. both as Pretending Negative Commentators in Serba … 



Her partner Kon BobAxelrod said will not recommend best stocks wow but used many aka id to promote.. 

👉 Kon Bobaxelrod

1.) Use many aka id to promote stock : Trevor777 , Trevor888 , Dr Michael


2.) Used id image to Axe Capital CEO Billionaire BobbyAxelrod and New Boss Michael .


👉👉👉 TinKosong AuntieKonHuangbk72 Twisted saying I am the One whom said will Not Promote stocks . 

Her Partner KonBobAxelrod is Missing in Action liaw … 

I am debated against KonBobAxelrod n Mabel in Serba … Huangbk defended KonbobAxerod n challenged me to see who can post continuously without stopping until 5 pm … without facts n figures… just a TinKosong Kon twisting shamelessly .

👉 His latest aka id MrHuangbk is banned permanently as used many similar id/abusive id to post abusive n unethical contents .

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho JeDie id :

1.) Lambo is delisted on October 2024 : use Alibaba/ YongKimFool / JeDi1985 as Promoter …

2.) Netx : used Scenery as Negative commentator…..

Posted by Bullrun18 > 1 month ago | Report Abuse

Yinson unit secures RM161.8m bareboat charter extension for FPSO unit

KUALA LUMPUR (Dec 30): Yinson Production, the offshore business arm of Yinson Holdings Bhd (KL:YINSON), has secured an 18-month extension for the bareboat charter contract of its floating production storage and offloading (FPSO) unit operating in offshore Vietnam.

The FPSO PTSC Lam Son — jointly owned by Yinson Production (49%) and PetroVietnam Technical Services Corporation (PTSC) (51%) through their joint venture, PTSC Asia Pacific Pte Ltd — has been operating for PetroVietnam in Block 1-2/97 offshore Vietnam since 2014.

In a bourse filing on Monday, Yinson said the extension is from Jan 1, 2025 to June 30, 2026, with an automatic six-month extension until Dec 31, 2026, subject to certain conditions.

The contract value, including the automatic extension period, is estimated at US$36.2 million (RM161.8 million), of which about US$17.7 million is attributable to Yinson Production.

Yinson Production chief executive officer Flemming Grønnegaard expressed delight at securing the contract extension and reaffirmed the company's commitment to delivering value and operational excellence throughout the lifecycle of FPSO PTSC Lam Son.

"The contract extension underscores the strong partnership we have built with PTSC as our joint venture partner and our shared ability to deliver reliable, high-quality operations to the client," he noted.

Yinson shares closed one sen or 0.4% higher at RM2.62 on Monday, giving the company a market capitalisation of RM8.4 billion.

https://theedgemalaysia.com/node/739374

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho still remember this old post JeDie :


Hoho , these r the famous twisting wordings from kon alibaba / scenery / Jedi1985/ JediMaster ( during he is posting non facts n figures in my Case Study forum , like Ularsawa / DragonSlayer ).


- no time to entertain you
- no time to sleep
- no time to see other ppl posts

- cute n funny
- cannot think properly
- act like kid


- said cut win Lambo in netx ... n won 500 % ... posted in Lambo on 3/8/2020 , price 5 sen , up to 8 sen on 12/8 , then down to 5 sen in a week ... so cute n funny still cry papa cry mama chasing Kon actor Ular grandma for making him lost....haha what a kid ke !!!

- Scenery 1st post in Netx is on 26/9/2020 .. where as Con artist callvin is not posting / seldom posting in netx starting Oct 2020 .. as Kon artist ssleee kon gang Victoryong aka Probability n Good123 start posting on 3/10/2020 ...

After is exposed kon alibaba .. scenery get mad n started barkking :

- He is defending kon alibaba saying kon is promoted at 1 sen ...

- how he knew kon alibaba is promoted at 1 sen as kon alibaba had deleted all his posts in Lambo . Kon alibaba 1 st post in i3 is on 2/7/2020 in Pegasus ..Scenery 1st post in i3 is on 3/8/2020 ...

- Twisting that kon alibaba posts r being flag post removed then being deleted ... all ke ? If so good promoted at 1 sen , sure will have some posts r not being flag post removed .. just a lie..

- On the day i queried Scenery .. Kon alibaba is posted in Zelan ( based on bet list ) together with new id actors.


Hoho read thru his posting , before posting in Netx , his character is totally different .. even saying ppl in i3 is not smart ....



>> haha wat a kid cute n funny accusation ... calvin other half is sandrakkc / polycarb..

scenery Kon Mike, U see, this witchliar/ular/dragonslayer alwasy prove me right, whenever I said calvin conman, she sure turn out n bark for her calvin kor kor.

She get into trouble also bec ppl said she is calvin's cousin when she wanted to be her lover.
29/03/2021 3:14 PM


Haha now accuse Konactor Ular is bribe or threat Lee9fold for not posting .. r u mentally stress .. go see a doctor ...

——

As said this case study is for sharing ond gain info to improve our investing skills n knowledge and to expose Kon n Actor :

Do own homework , own analysis , Own Decisions as only you know your risk level ..

Decisions is changing upon New information, New facts n figures…

If you cannot withstand mentally stress , better dont touch ...

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Repost :


FPSO Jak : 74 %

FPSO Helang : 100 %

FPSO Abigail : 100 %

👉FPSO Anna Nery : 75 % ( is reduced to 63.2 % on October 2024 due to Refinancing , 1st oil on May 2023 ) . Currently contributing 50 % of FPSO Segment Revenue !😱🤔


FPSO Atlanta : 100 % ( initial 1st oil is scheduled by May 2024 .. then August 2024 .. then November 2024 … then ???? )

FPSO Maria : 100 % ( 1st oil on October 2024 )


FPSO Agogo : 100 % ( still in Construction, 1st oil is scheduled by early 2026 )

FPSO Lam Son : 49 %

FSO Bien : 49 %

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho FPSO Atlanta First Oil if Delayed One Day Shl incurred Revenue Loss = RM 1.56 million/ day

Now is Delayed 7 months … 1.56 x 210 = RM 327.6 million Revenue Loss ..
—-

osted by Bullrun18 > 2 hours ago | Report Abuse

Yinson unit secures RM161.8m bareboat charter extension for FPSO unit

KUALA LUMPUR (Dec 30): Yinson Production, the offshore business arm of Yinson Holdings Bhd (KL:YINSON), has secured an 18-month extension for the bareboat charter contract of its floating production storage and offloading (FPSO) unit operating in offshore Vietnam.

Posted by MiaoMiao7 > 1 month ago | Report Abuse

https://visnoinvest-com-br.translate.goog/news/5484/brava-energia-recebe-autorizacao-para-iniciar-producao-no-fpso-atlanta?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

Brava Energia ( BRAV3 ) announced this Tuesday (30) that it received authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to start production at FPSO Atlanta, its definitive offshore production system.

According to the relevant fact disclosed by the company, the authorization was granted on December 30, 2024. With regulatory approval, the company has already begun the mobilization process to begin production operations in the coming days.

The announcement represents an important milestone for the Atlanta project, which had its last update released to the market on October 21, 2024. The implementation of the definitive production system through the FPSO Atlanta is part of the company's offshore asset development strategy.

Brava Energia reaffirmed its commitment to best corporate governance practices, keeping its investors and the market informed about relevant developments in its operations, in compliance with current legislation.

Posted by MiaoMiao7 > 1 month ago | Report Abuse

FPSO starts production already, now wait for first oil in coming few days.

Posted by MiaoMiao7 > 1 month ago | Report Abuse

https://x.com/AvisosDaBolsa/status/1873752101731565962/photo/1

from Brava Energia official statement

BRAVA ENERGIA SA - ANP authorization to start production at FPSO Atlanta

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho Thanks for yr Update :

Let’s see QR ended January 2025 Results as :

1.) FPSO Anna Nery equity is reduced 11.8 % on October 2024 .

2.) FPSO Maria First Oil is on October 2024 .

3.) FPSO Atlanta First Oil is expected on early January 2025 …

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho hope no more money is wasted on SBB as the Treasury shares disposal methods :

1.) as Dividend payout..

2.) Write off …

Posted by MiaoMiao7 > 1 month ago | Report Abuse

@jjohnchew

maybe they can sell all the treasury shares to an institutional fund when or if the share price goes up after the last FPSO hit first oil. Then use the new profit made to fund a new FPSO without debt. who knows.

Posted by jjohnchew > 1 month ago | Report Abuse

Hoho the Order Book of 9 unit FPSO is Last until 2048 le ….

Posted by john888 > 1 month ago | Report Abuse

FYI they wouldn't sale the treasury shares to an institution !

Posted by john888 > 1 month ago | Report Abuse

They will either keep it or cancel it !

Posted by Bullrun18 > 1 month ago | Report Abuse

FPSO Atlanta; Source: Brava Energia

The National Agency of Petroleum, Natural Gas, and Biofuels (ANP) gave its blessing on December 30, 2024, for the FPSO Atlanta to be brought online. As a result, Brava Energia began mobilization to start production in the coming days and complete all activities related to replacing the FPSO Petrojarl I, which worked at the Atlanta field in block BS-4 in the Santos Basin since 2018, with the FPSO Atlanta, bought for Atlanta’s Full Development System (FDS) in 2022.

The unit will initially be connected to six wells, but this is expected to increase to ten in 2029. Chartered and operated by Malaysia’s Yinson Production, the FPSO Atlanta can store 1.6 million barrels of oil (boe) and process 50,000 boe and 140,000 barrels of water per day. The vessel is expected to work at the Brazilian field for 15 years, but Brava Energia can also extend its stay further thanks to a five-year optional period.

The firm stopped production at the Papa-Terra oil field in the Campos basin off the coast of Brazil a few months ago. Since then, ANP authorized an increase in the number of people on board the floating units, including FPSO and the tension leg wellhead platform (TLWP), and granted authorization for the operation of the rig installed on the TLWP in October 2024.

The workover for pump replacement on well PPT-051 has resumed with the rig’s approval, following Constellation’s agreement to sublet the Alpha Star rig for 30 days during the ongoing contract with Brava Energia. Following the authorization of the National Agency of Petroleum, Natural Gas and Biofuels to restart production at the Papa-Terra field, the Brazilian player recently confirmed the resumption of production.

The company claims that significant progress was made in the maintenance and integrity recovery campaign of the production units in Papa-Terra during the production shutdown, allowing planning for better use of the reservoir with the future expansion of its production.

Regarding the Brazilian company’s Parque das Conchas acquisition, enabled by an agreement to get a 23% stake in the asset held by QatarEnergy, the process concluded after the firm met all precedent conditions and got ANP’s approval. Thanks to this, the firm has enriched its portfolio with the addition of the Abalone, Ostra, and Argonauta oil fields, which form the Parque das Conchas in the Campos Basin.

The acquisition value, disregarding adjustments, is $150 million. Parque das Conchas is operated by Shell, which holds a 50% stake. ONGC is a partner in the asset with the remaining 27%. The concession contracts are valid until 2032, with the possibility of an extension.

Moreover, the average production was approximately 27,000 barrels of oil equivalent per day in the period between January and November 2024, with 6.2,000 boe/day corresponding to the stake acquired by Brava.

The oil produced at Parque das Conchas has similar characteristics to the other assets in the company’s offshore portfolio, which may represent possible logistical and commercial synergies.

https://www.offshore-energy.biz/hat-trick-for-brazils-oil-gas-firm-with-fpso-start-up-clearance-production-restart-at-another-field-and-portfolio-expansion/

Posted by MiaoMiao7 > 4 weeks ago | Report Abuse

Use Google Translation App to translate from Portuguese to English
FIRST OIL FOR ATLANTA WAS ACHIEVED!

https://x.com/AvisosDaBolsa/status/1874246635313913950/photo/1

BRAVA

energy

BRAVA ENERGIA S.A

CNPJ/ME nº 12.091.809/0001-55

MY 33,300,294,597

MATERIAL FACT

FPSO ATLANTA PRODUCTION BEGINS

BRAVA ENERGIA S.A. ("BRAVA" or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in continuation of the Material Fact disclosed on December 30, 2024 regarding the authorization of the National Agency of Petroleum, Natural Gas and Biofuels ("ANP") for the start of operations of the FPSO Atlanta (Definitive System), informs its investors and the market in general that the first oil was produced today through the Atlanta Definitive Production System. With this milestone, BRAVA becomes the first independent oil and gas company in the country to develop a deepwater production system from its initial phase, within the expected budget and the deadlines established for drilling the wells, installing the initial equipment and construction of the FPSO.

Production at FPSO Atlanta begins through wells 6H and 7H, which are currently stabilizing, while the Company continues with the connection campaign of the four remaining wells (2H, 3H, 4H and 5H), with completion expected by the second quarter of 2025. FPSO Atlanta has the capacity to produce up to 50 thousand barrels of oil per day, treat 140 thousand barrels of water per day and store up to 1.6 million barrels of oil. Production details will be updated in the Company's monthly Production Release.

Finally, Brava reinforces its commitment to keeping its investors and the market in general properly informed, in line with best corporate governance practices and in strict compliance with current legislation.

Rio de Janeiro, December 31, 2024

Rodrigo Pizarro

CFO and Investor Relations Director

ri.bravaenergia.com

Posted by MiaoMiao7 > 4 weeks ago | Report Abuse

Brazilian FPSO ticks first oil milestone off its list before ringing in new year

https://www.offshore-energy.biz/brazilian-fpso-ticks-first-oil-milestone-off-its-list-before-ringing-in-new-year/

Following the authorization of the National Agency of Petroleum, Natural Gas, and Biofuels (ANP) for the start of operations of the FPSO Atlanta, the first oil was produced on December 31, 2024, through the Atlanta Definitive Production System.

Posted by BursaVulture > 4 weeks ago | Report Abuse

I am gonna ask the same million dollar question again, tomorrow can fly or not? I've waited for 5 years already. Maybe need another 2 years?

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho Yinson working Capital is only Last for 7 months … need to Refinancing ke like sold FPSO Anna Nery 11.8 % equity :

Where as Jaks working Capital is always can Last for 12 months : Current Ratio 1.04


>>>

Yinson :

Price : RM 2.64
NTA : RM 1.77

EPS 27.58 sen
Trailing PE (Sector Median: 9.7) 9.5
Current Ratio 0.64
Debt-Equity (DE) Ratio 2.27
FCF Yield -10.58 %
Revenue QoQ -13.49 %
Revenue YoY -34.13%
Profit QoQ -1.48 %
Profit YoY -19.35 %


Jaks :

Price : RM 0.135
NTA : RM 0.60

EPS 0.71 sen
Trailing PE (Sector Median: 21.5) 18.2
Current Ratio 1.04
Debt-Equity (DE) Ratio 0.64
FCF Yield 0.81 %
Revenue QoQ 7.74 %
Revenue YoY 41.26%
Profit QoQ 167.57 %
Profit YoY 215.31 %

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho why working Capital / Current Ratio is still Not Improving after 2 times Refinancing ???

Yinson Production lists FPSO Anna Nery project bond on the London Stock Exchange
18 Jun 2024 — Yinson Production marked the successful listing of the USD 1.035 billion senior secured project bond for FPSO Anna Nery on the International ...


Refinancing on October 2024 sold 11.8 % equity of FPSO Anna Nery … ownership is reduced from 75 % to 63.2 % !😱

22/10/2024 : K Line own 11.8 % with USD 49 million.

Posted by Sslee > 4 weeks ago | Report Abuse

Yinson AS AT AS AT
31.10.2024 31.1.2024
Unaudited Audited
RM million RM million
Current assets: 5,262 4,782
Current liabilities:3,350 4,575
Know what that donkey talk about current ratio and Yinson working Capital is only Last for 7 months … ???

Of the current assets Yinson's
Cash and bank balances 2,837 3,063

That donkey not even know jaks cash avaliable only left with RM 3,978,000

Current Year Preceding Year
9 Months 9 Months
ended ended
30-Sep-2024 30-Sep-2023
RM'000 RM'000
Deposits placed with licensed banks 12,079 34,404
Cash & bank balances 23,818 36,808
Bank overdrafts (5,891) (5,963)
30,006 65,249
Less : Deposit held as security values (12,079) (34,404)
Bank balance held as security values (5,585) (214)
Debt service reserves account (8,364) (11,240)
3,978 19,391

Posted by BursaVulture > 4 weeks ago | Report Abuse

@jjohnchew

Reducing the Anna Nery stake was part of the agreement when they invited the Japanese investor long long long time ago. It was all according to agreement and plan, not a last minute decision.

Posted by Philip ( buy what you understand) > 4 weeks ago | Report Abuse

So funny guy now we have first oil which means Nov dec Jan qr will have contribution from maria quitera and Atlanta. Anything more to say?
600 million cost to generate 1.98 billion over 15 years with 3 years construction period. Since you obviously know nothing about power plant construction judging from your investment in Jaks, you will finally learn why I make money with yinson while you lose money with Jake.

>>>>>
jjohnchew

Hoho why working Capital / Current Ratio is still Not Improving after 2 times Refinancing ???

Yinson Production lists FPSO Anna Nery project bond on the London Stock Exchange
18 Jun 2024 — Yinson Production marked the successful listing of the USD 1.035 billion senior secured project bond for FPSO Anna Nery on the International ...


Refinancing on October 2024 sold 11.8 % equity of FPSO Anna Nery … ownership is reduced from 75 % to 63.2 % !😱

22/10/2024 : K Line own 11.8 % with USD 49 million.

Posted by Philip ( buy what you understand) > 4 weeks ago | Report Abuse

The difference between level 1 investor and level 2 investor. One talk a lot and never make money, one just makes money and listens to others talk.

>>>>>
BursaVulture

@jjohnchew

Reducing the Anna Nery stake was part of the agreement when they invited the Japanese investor long long long time ago. It was all according to agreement and plan, not a last minute decision.

Posted by jjohnchew > 4 weeks ago | Report Abuse

Yinson further strengthens partnership for Brazil FPSO Anna Nery project with “K” Line participation

Posted Date: 10 Jul, 2020

Yinson via its wholly owned subsidiary, Yinson Acacia Ltd has entered into an agreement with Kawasaki Kisen Kaisha, Ltd. (“”K” Line”) to own around a 10% stake in a joint participation for the charter, operations and maintenance of FPSO Anna Nery, a floating, production, storage and offloading (FPSO) vessel for the Marlim revitalisation project in Brazil.
Completion of the transaction is subject to final acceptance of the FPSO as well as the FPSO achieving stable operations which is expected to be met in 2023.
In line with the overall financing strategy for the project, the agreement makes “K” Line the second strategic partner following Sumitomo Corporation’s (“Sumitomo”) participation in the FPSO Anna Nery project with a 25% stake.

Posted by Philip ( buy what you understand) > 4 weeks ago | Report Abuse

More importantly unlike Jaks, their funds and cash level are locked to FPSO debt repayments and cannot be used for anything other than that. That's why their Fitch bond rating is BA1. Jaks can't even borrow money internationally.

>>>>>>
Sslee

Yinson AS AT AS AT
31.10.2024 31.1.2024
Unaudited Audited
RM million RM million
Current assets: 5,262 4,782
Current liabilities:3,350 4,575
Know what that donkey talk about current ratio and Yinson working Capital is only Last for 7 months … ???

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho Serba Story 🐍n 🐉Teller to promote Serba even in Account Fraud..😱🤔

—

Posted by Philip ( buy what you understand) > 57 seconds ago | Report Abuse

The difference between level 1 investor and level 2 investor. One talk a lot and never make money, one just makes money and listens to others talk.

Posted by Philip ( buy what you understand) > 4 weeks ago | Report Abuse

This type of comment is so silly I don't even want to start commenting to repair the misstatement. Tak malu make such comments without actually reading properly first?
>>>>>>
jjohnchew

Hoho Yinson working Capital is only Last for 7 months … need to Refinancing ke like sold FPSO Anna Nery 11.8 % equity :

Where as Jaks working Capital is always can Last for 12 months : Current Ratio 1.04

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho those listen to the Serba Story Teller are oredi Loss Naked liaw …

Posted by jjohnchew > 4 weeks ago | Report Abuse

Balance Sheet Item
Company A
Company B
Cash and Equivalents
$5,000
$30,000
Inventory
$80,000
$20,000
Accounts Receivable
$15,000
$50,000
Total Current Assets
$100,000
$100,000
Accounts Payable
$60,000
$10,000
Short-term Notes Payable
$50,000
$80,000
Wages Payable
$15,000
$35,000
Total Current Liabilities
$125,000
$125,000
Current Ratio
.80
.80

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho instead of Buy what u understand is Buy what U Not understand..Malu tak !🤣🤣🤣🤫


—

Posted by jjohnchew > 6 minutes ago | Report Abuse

Hoho those listen to the Serba Story Teller are oredi Loss Naked liaw …

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho Kon ss Lee is oredi proven did not understand DE earlier…🤣🤔

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho as usual Konartist ss lee use Kon maths extraction method extract raw data to twist …as in Jtiasa also ..

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho r they such donkey n old liaw .. can’t listen n learn liaw …🤣🤫🤔

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho Jaks Financial Reports is adhered to IFRS … where as Yinson is Not adhered to IFRS but said shl adhered to IFRS starting next FY .


>>> Yinson Total Assets :

Hoho interesting le … Q to Q is Reduced by RM 1,323 million !!! 😱😱😱

QR October 2024 : 30,075 million

QR July 2024. : 31,398 million

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho oh the Serba story teller Buy What u Not Understand is madd n childish in Jtiasa …

Posted by jjohnchew > 4 weeks ago | Report Abuse

Hoho no worries la … Yinson keep SBB where as EPF n KWAP keep rotating yummy yummy either Up or Down …

Keep SBB until Order Book last until 2048 ke …

Kon ss lee come back after 2048 ke ….