Posted by thesteward > 2020-04-01 20:05 | Report Abuse

Stated Yinson can claim for compensation .

Posted by sagaraken > 2020-04-01 20:46 | Report Abuse

Hi Calvin, i didnt even say that i buy yinson, and you didnt answer my question. Thanks for the advice though, hope you are well in real life.

Posted by SuperPanda > 2020-04-02 07:39 | Report Abuse

if currently sit in paper loss, better cl before more losses coming..

i have no share in yinson and no plan to buy highly dependent debt company

in time like this, the stock to buy is those have superb cash flow and trade at big discount price

Posted by SuperPanda > 2020-04-02 07:40 | Report Abuse

https://www.theedgemarkets.com/article/yinsons-ghana-fpso-terminated-amid-covid19

Posted by kc_lau > 2020-04-02 07:40 |

Post removed.Why?

Posted by sagaraken > 2020-04-02 10:15 | Report Abuse

Thanks for the comment superpanda sifu. You are definitely correct about buying cash rich companies as they can sustain themselves better in times of trouble.

That being said, quoting latest KENAGA TP: ' given most of its borrowings are project financed, ring-fenced around the project assets and guaranteed by clients, YINSON has a relatively low risk of default despite the oil price downturn.'

This is just info sharing for everyone. in my humble opinion, sometimes high gearing ratio/ high debt dependent ratio is because of the nature of its business. However, if debts are executed effectively, the downside risks can be mitigated.

Posted by Woodswater > 2020-04-02 10:42 | Report Abuse

https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/2020-04-01-story-h1485756553-YINSON_IS_DEEP_TROUBLE_AS_OIL_CRASHED_WITH_RM3_BILLIONS_DEBT_BOMB.jsp

Posted by Woodswater > 2020-04-02 10:43 | Report Abuse

https://www.theedgemarkets.com/article/yinsons-ghana-fpso-terminated-amid-covid19

Posted by qqq33333333 > 2020-04-02 10:56 | Report Abuse

when the history of bursa 2020 is written, it will say.............win more, lose more; win less, lose less.

Posted by thesteward > 2020-04-02 12:45 | Report Abuse

Seems pretty stable

Posted by thesteward > 2020-04-02 12:46 | Report Abuse

But m not going in

Posted by stockraider > 2020-04-02 12:47 | Report Abuse

REMEMBER YINSON BANKRUPT 1ST.....NOTHING WILL HAPPEN TO NETX LOH...!!

THIS IS BCOS YINSON MANY BILLION BORROWINGS COMPARE TO NETX NET CASH RM 34M LOH....!!

LAGI PUN....PROJECT OF YINSON KENA CANCEL PULAK LOH...!! TAPI HUTANG YINSON KENA BAYAR MAH....!!

Posted by Philip ( yinson 700 buses in trouble) > Apr 2, 2020 12:22 PM | Report Abuse

Can flow 40 million? With revenues of 33 THOUSAND? How is this possible? Nak tipu pun Jangan gitu obvious, malukah bosku?



>>>>>>>

cash flow 40mil

Posted by tkl88 > 2020-04-02 20:05 | Report Abuse

As at 8.01pm,
Nymex =>22.38 ‪(+2.07) (+10.19 percent)
Brent => 27.34 ‪(+2.60 (+10.51 percent)

Posted by tkl88 > 2020-04-03 01:54 | Report Abuse

Walaeh, Oil price up crazily !
As at 1.47am,
Nymex => $24.56 ‪(+4.25) (+20.93%)‬
Brent => $29.85 ‪(+5.11) (+20.65%)‬

Posted by signalmw > 2020-04-03 02:08 | Report Abuse

（华盛顿2日综合电）石油价格战激战正酣，全球油价屡创新低，而美国惠廷石油公司（Whiting Petroleum）终于承受不住冲击，成为首个“牺牲品”。

Posted by tkl88 > 2020-04-03 02:22 | Report Abuse

Oil prices surge after Trump claims Russia and Saudi Arabia agree deal - as it happened

https://www.google.com.my/amp/s/amp.theguardian.com/business/live/2020/apr/02/markets-us-jobless-claims-covid-19-economy-recession-coronavirus-business-live

Rolling coverage of the latest economic and financial news as oil prices jump by more than 30% and the US jobless report reveals scale of coronavirus damage
* US president claims oil production cut deal; Russia denies agreement
* US initial jobless claims hit record; 6.6m people signed on last week
* Earlier: One in four UK firms cut staff levels
* Coronavirus – latest updates
* See all our coronavirus coverage

13:11 EDT
Closing summary: Trump sends oil prices rocketing and US jobless claims soar
Donald Trump sent oil markets into an unprecedented buying frenzy on Thursday afternoon, after tweeting that Saudi Arabia and Russia had reached a deal on production cuts.
Russia poured cold water on the details, saying there had been no deal, but it still put oil futures prices on track for the biggest daily rise ever. At the time of writing Brent crude futures prices had gained 22%.
Here are the other important developments from today:
* More than 6.6m Americans filed jobless claims last week, by far the largest number in history and an indication that unemployment could reach a record high. Economists said it was one of the starkest indications yet of the scale of the economic pain already inflicted on the US.

Posted by tkl88 > 2020-04-03 02:22 | Report Abuse

* In the UK, the experimental data from the Office for National Statistics said that a quarter of UK companies are already cutting staffing levels “in the short term” due to the coronavirus crisis.
* British Airways confirmed that it will cut capacity by 90% year-on-year for April and May and furlough 30,000 cabin crew.
* British Gas owner Centrica has joined the ranks of companies cancelling their dividends. It also announced £400m in spending cuts this morning.
* National Express cancelled all of its services across the UK.
And of course you can continue to follow all of our coverage of the coronavirus pandemic.
In the UK, health secretary Matt Hancock says the government has written off £13.4bn of historic NHS debt:

Posted by tkl88 > 2020-04-03 06:06 | Report Abuse

Dow Jones closed at=> 21,413.44 (+469.93) (+2.24%)

Posted by tkl88 > 2020-04-03 06:31 | Report Abuse

Oil surges 35% after Trump says he expects Saudi Arabia and Russia to end their price war
Shalini Nagarajan
Apr. 2, 2020, 05:51 AM

https://www.google.com/amp/s/markets.businessinsider.com/amp/news/oil-prices-jump-trump-comments-on-saudi-arabia-russia-deal-2020-4-1029057828

* Oil prices surged as much as 35% on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to reach a deal that could end their price war and likely mitigate a sharp price collapse.
* Trump said he spoke with leaders in both countries as global demand for oil continues to evaporate while much of the world is in lockdown.
* A Saudi Arabia-Russia pact is expected to scale back a supply surge that led to US oil tumbling to an 18-year low earlier this week.
* Watch oil trade live here.

Oil rallied sharply on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to cut back on oil production to save the drowning oil and gas industry.
Brent crude oil jumped as much as 47%, to $36.29, while West Texas Intermediate crude rose 35%, to $27.39, at intrasession highs. The resource started rallying on Wednesday after Trump first signaled a potential agreement between Saudi Arabia and Russia.
Trump provided different volume estimates in separate tweets, first mentioning a cutback of about 10 million barrels and then suggesting it could be "as high as 15 Million Barrels."
Trump said on Wednesday that he believed a deal would be reached within days. Such a deal is expected to lower production and bring prices back up.
Trump also said he had invited American oil executives to the White House to discuss measures to aid the oil industry, which has been hurt by a slump in demand due to both the coronavirus outbreak and the price war.
The oil strategy meeting would include CEOs from Exxon, Chevron, Occidental Petroleum, Devon Energy, Phillips 66, and Energy Transfer Partners, as well as the former Continental Resources CEO Harold Hamm, according to CNBC.

Posted by tkl88 > 2020-04-03 13:00 | Report Abuse

Saudi Arabia calls for emergency oil meeting: state media
THU APR 2, 2020 / 10:55 AM EDT
Reuters
https://www.google.com.my/amp/s/mobile.reuters.com/article/amp/idUSKBN21K2AD

Posted by tkl88 > 2020-04-03 13:00 | Report Abuse

(Reuters) - Saudi Arabia called on Thursday for an emergency meeting of OPEC and non-OPEC oil producers as it aims to reach a fair oil agreement to stabilize the oil market, state news agency SPA reported.

Posted by tkl88 > 2020-04-03 18:40 | Report Abuse

Wow, Amazing, Oil price continue to spike up !
As at ‪6.37pm,‬
Nymex => $26.52 ‪(+1.20) (+4.74 percent)
Brent => $32.77 ‪(+2.83) (+9.45 percent)

Posted by tkl88 > 2020-04-04 06:36 | Report Abuse

Superb, Oil Price closed at new record high !‬
Nymex => $28.97 ‪(+3.65) (+14.42 percent)
Brent => $34.83 ‪(+4.89) (+16.33 percent)

‪Next week definitely will break the USD $40 per barrel !‬
Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-04-05 00:25 | Report Abuse

The alliance (OPEC+) is tentatively aiming to hold the virtual gathering on April 9 instead of Monday as it previously intended, a delegate familiar with the matter said.

Posted by tkl88 > 2020-04-05 00:27 | Report Abuse

Meeting suppose on April 6 (Monday), delayed to April 9 (Thursday).
So, got 3 more days for us to Sailang on O & G stocks before it’s share price spike up to sky high !
Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-04-05 06:59 | Report Abuse

普京证实俄愿减产 April 5, 2020
https://www.google.com/amp/s/www.enanyang.my/news/20200405/%25E3%2580%2590%25E5%2585%25A8%25E7%2590%2583%25E5%25A4%25A7%25E6%258A%2597%25E7%2596%25AB%25E3%2580%2591%25E6%2599%25AE%25E4%25BA%25AC%25E8%25AF%2581%25E5%25AE%259E%25E4%25BF%2584%25E6%2584%25BF%25E5%2587%258F%25E4%25BA%25A7/amp/

Posted by tkl88 > 2020-04-05 06:59 | Report Abuse

（莫斯科4日讯）俄罗斯总统普京表示，俄罗斯准备好与沙地阿拉伯和其他主要产油国一道大幅削减石油产量，以阻止油价下跌。这一表态呼应了美国总统特朗普之前的说法。

“我们做好准备在OPEC+框架内与合作伙伴达成协议，并准备与美国在这个问题是进行合作，”普京周五在与政府高级官员和石油行业高管的视频会议上说。
 “我认为有必要共同努力，以平衡市场并减少产量。”
普京说，俄罗斯认为全球石油产量每天减少约1000万桶是可能的，并准备“在伙伴关系”的基础上参与。
普京的表态是俄罗斯首次证实特朗普周四通过推文发布的消息。推文称俄罗斯愿意参与减产，该消息推动布伦特原油价格一度暴涨47%。

Posted by Stockhunter85 > 2020-04-05 13:44 | Report Abuse

2020/04/04 中時電子報 馮英志

重大突破！澳發現新冠剋星 48小時內殺死病毒RNA

澳洲研究團隊發現，主要用來治療頭蝨的「伊維菌素」（Ivermectin）可在2日之內殺死新冠病毒細胞，該結論已發表在《抗病毒研究》雜誌上。（示意圖／美聯社）
澳洲研究團隊發現，主要用來治療頭蝨的「伊維菌素」（Ivermectin）可在2日之內殺死新冠病毒細胞，該結論已發表在《抗病毒研究》雜誌上。（示意圖／美聯社）

對抗新冠病毒藥物相關研究有重大突破！據澳洲聯合新聞社報導，蒙納許大學（Monash University）研究團隊發現，主要用來治療頭蝨的「伊維菌素」（Ivermectin）可在2日之內殺死新冠病毒核糖核酸（RNA）。雖然此一藥物已普遍使用，但最快1個月才會進入人體實驗階段。該結論已發表在《抗病毒研究》（Antiviral Research）雜誌上。


報導指出，蒙納許大學生物成像研究所的瓦格斯塔夫（Kylie Wagstaff）博士3日指出，使用單劑量的抗頭蝨的藥物「伊維菌素」，可以在48小時內阻止新冠病毒在細胞培養中生長。

瓦格斯塔夫指出，單劑量的伊維菌素注射，本也能在48小時內清除病毒所有的核糖核酸（RNA），在24小時內能夠顯著減少其RNA。

報導指出，目前仍不清楚伊維菌素是如何殺死新冠病毒，但該藥物很明顯阻止了病毒的抑制能力，讓此病毒無法抑制宿主細胞對其進行清理。科學家們下一階段將確定合適人體使用的劑量，以確保實驗室外的劑量對人體安全。

瓦格斯塔夫表示，在全球新冠疫情仍在大流行、且當前仍未有治療藥物及正式獲准生產的方案情況下，這種現成的合成藥若證實有效，可能提早對患者有幫助。此外他也強調，要廣泛使用疫苗仍需一段時間，該團隊也需要資金進行臨床實驗與測試。

Posted by Stockhunter85 > 2020-04-05 13:45 | Report Abuse

2020/04/04 中時電子報 馮英志

重大突破！澳發現新冠剋星 48小時內殺死病毒RNA

澳洲研究團隊發現，主要用來治療頭蝨的「伊維菌素」（Ivermectin）可在2日之內殺死新冠病毒細胞，該結論已發表在《抗病毒研究》雜誌上。（示意圖／美聯社）
澳洲研究團隊發現，主要用來治療頭蝨的「伊維菌素」（Ivermectin）可在2日之內殺死新冠病毒細胞，該結論已發表在《抗病毒研究》雜誌上。（示意圖／美聯社）

對抗新冠病毒藥物相關研究有重大突破！據澳洲聯合新聞社報導，蒙納許大學（Monash University）研究團隊發現，主要用來治療頭蝨的「伊維菌素」（Ivermectin）可在2日之內殺死新冠病毒核糖核酸（RNA）。雖然此一藥物已普遍使用，但最快1個月才會進入人體實驗階段。該結論已發表在《抗病毒研究》（Antiviral Research）雜誌上。


報導指出，蒙納許大學生物成像研究所的瓦格斯塔夫（Kylie Wagstaff）博士3日指出，使用單劑量的抗頭蝨的藥物「伊維菌素」，可以在48小時內阻止新冠病毒在細胞培養中生長。

瓦格斯塔夫指出，單劑量的伊維菌素注射，本也能在48小時內清除病毒所有的核糖核酸（RNA），在24小時內能夠顯著減少其RNA。

報導指出，目前仍不清楚伊維菌素是如何殺死新冠病毒，但該藥物很明顯阻止了病毒的抑制能力，讓此病毒無法抑制宿主細胞對其進行清理。科學家們下一階段將確定合適人體使用的劑量，以確保實驗室外的劑量對人體安全。

瓦格斯塔夫表示，在全球新冠疫情仍在大流行、且當前仍未有治療藥物及正式獲准生產的方案情況下，這種現成的合成藥若證實有效，可能提早對患者有幫助。此外他也強調，要廣泛使用疫苗仍需一段時間，該團隊也需要資金進行臨床實驗與測試。

Posted by tkl88 > 2020-04-05 18:21 | Report Abuse

Yemen’s Saudi-aligned government says Houthis attacked oil pipeline pumping station in Ma’rib: Saudi Press Agency
/ The Mighty 790 KFGO | KFGO
Thomson Reuters
April 05, 2020 01:45 am

https://kfgo.com/2020/04/05/yemens-saudi-aligned-government-says-houthis-attacked-oil-pipeline-pumping-station-in-marib-saudi-press-agency/

Posted by tkl88 > 2020-04-05 18:22 | Report Abuse

DUBAI (Reuters) - The oil ministry of the internationally-recognized, Saudi-aligned government in Yemen said on Sunday the Iran-aligned Houthi group had attacked an oil pipeline pumping station in the province of Ma'rib, the state-run Saudi Press Agency reported.
The pipeline is operated by the Safer oil company, owned by Yemen's Saudi-aligned government, the agency added, without giving details on the attack. A spokesman for the Houthi group was not immediately reachable for comment.

(Reporting by Maher Chmaytelli; Editing by Mark Potter)

Posted by tkl88 > 2020-04-06 09:23 | Report Abuse

Dow Jones Futures spike up !
As at 9.17am,
DJI futures at => 21,555.0 (+598.0) (+2.85%)

Posted by tkl88 > 2020-04-06 10:26 | Report Abuse

Oil price wanted to turn green liao !
As at 10.20 am,
Brent => $32.91 ‪(-1.20) (-3.52 percent

From this morning dropped -9 percent %
to now just dropped - 3 percent only !

Posted by tkl88 > 2020-04-06 14:16 | Report Abuse

Wow, Oil price going to turn green liao !
As at 2.07pm,
Nymex => $28.08 ‪(-0.26) (-0.92%)‬
Brent => $34.00 ‪(-0.11) (-0.32%)‬

Posted by Sonnykwaeh > 2020-04-06 14:19 | Report Abuse

to all bro & sis , DOW FUTURE IS UP 4.14% NOW. JAPAN UP 4.33% , HONGKONG UP 2.31% ,SINGAPORE UP 3.18% ,ASX UP 4.42% , AUS UP 4.32%
JAKARTA UP 1.23% KOREA UP 3.32% TAIWAN UP 1.61% KLSE UP 0.35%

Posted by tkl88 > 2020-04-06 22:38 |

Post removed.Why?

Posted by tkl88 > 2020-04-07 04:41 | Report Abuse

Wow, Fabulous,
Dow Jones closed at=> 22,679.99 (+1,627.46)(+7.73%) !

Posted by tkl88 > 2020-04-07 05:22 | Report Abuse

CNBC MARKETS
Dow soars 1,600 points as growth rate of new coronavirus cases appears to slow
PUBLISHED SUN, APR 5 2020 6:04 PM EDT
UPDATED MOMENTS AGO
Fred Imbert ,Silvia Amaro

https://www.google.com.my/amp/s/www.cnbc.com/amp/2020/04/05/stock-market-futures-open-to-close-news.html

Stocks jumped on Monday, rebounding from sharp losses in the previous week, as the number of new coronavirus cases in the U.S. appeared to slow down. 
The Dow Jones Industrial Average closed 1,627.46 points higher, or more than 7%, at 22,679.99. The S&P 500 gained 7% to close at 2,663.68 while the Nasdaq Composite surged 7.3% to 7,913.24. The major averages rallied to their session highs in the final minutes of the session, with the Dow briefly trading more than 1,700 points higher. 

Boeing gained more than 19% to lead the Dow higher. Raytheon Technologies, American Express and Visa rose more than 11% each. The S&P 500 was led higher by the utilities, consumer discretionary and tech sectors, all of which closed more than 7% higher. Retail stocks such as Nordstrom, Kohl's and Macy's also rose sharply.

Posted by tkl88 > 2020-04-07 05:25 | Report Abuse

Investors were encouraged by data that shows a slowing in the number of daily U.S. coronavirus cases, although it is still early to determine a lasting trend. There were about 30,000 new cases on Thursday, 32,100 cases on Friday, 33,260 cases on Saturday, and then a slowing to just 28,200 new cases Sunday, according to the latest data from Johns Hopkins.

The Trump administration also noted on Sunday there are signs of stabilization in hospital rates, helping to lift Wall Street sentiment on Monday. Meanwhile, New York State reported 594 new coronavirus deaths on Sunday, fewer than 630 on Saturday, marking the first daily decline in coronavirus-related deaths.
"Incoming data suggests NY state might peak sooner than Cuomo's optimistic case," Tom Lee, head of research at Fundstrat, said in a note to clients. "With better visibility on the healthcare crisis in the US, particularly, on a potential to model a national peak, we believe buyers are now taking control."
Slowing death rates in Europe also offered up some hope that the U.S would be nearing its peak soon as well and that social distancing measures are working.

Posted by tkl88 > 2020-04-07 07:32 | Report Abuse

Oil price was so bullish !
As at 7.27am,
Nymex => 26.81 ‪(+0.73) (+2.80 percent) !

Posted by tkl88 > 2020-04-07 08:42 | Report Abuse

Wow, Oil price was so strong !
As at 8.38am,
Nymex => $26.96 ‪(+0.88) (+3.37%)‬
Brent => $33.72 ‪(+0.42) (+1.26%)‬

Posted by tkl88 > 2020-04-07 11:06 | Report Abuse

Wow, Oil price spike up crazily !
As at 10.48am,
Nymex => $27.04 ‪(+0.96) (+3.68%)‬
Brent => $34.02 ‪(+0.97) (+2.93%)‬

Posted by tkl88 > 2020-04-07 15:34 | Report Abuse

Dow Jones continue it's bull run
As at 3.25 pm,
Dow Jones Futures at => 22,906.0 (+418.0) (+1.86 percent)

Posted by tkl88 > 2020-04-08 07:23 | Report Abuse

Wow, Oil price continue to spike up !
As at 7.13am,
Nymex => 24.63 ‪(+1.00) (+4.23 percent)

Posted by tkl88 > 2020-04-08 08:59 | Report Abuse

Wow, Oil price getting hot & hottest now !
As at 8.35am,
Nymex => $24.79 ‪(+1.16) (+4.91%)‬

Posted by Radeon > 2020-04-08 10:17 | Report Abuse

keep in watchlist..

Posted by tkl88 > 2020-04-08 13:38 | Report Abuse

Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60%)‬
Brent => $32.88 ‪(+1.01) (+3.17%)‬

Posted by tkl88 > 2020-04-08 22:16 | Report Abuse

Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054

ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.

Posted by tkl88 > 2020-04-09 03:29 | Report Abuse

OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97%)‬
Brent => $33.33 ‪(+1.46) (+4.58%)‬

Posted by tkl88 > 2020-04-09 04:18 | Report Abuse

‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44%) !