Posted by Riaz54 > 2020-12-19 23:18 | Report Abuse

you can see government related investments are quite apparent, retail folks are preoccupied elsewhere. With Brent crude rising above 52, i can see Yinson benefiting from new contracts during 2021 for sure as oil producers will start investing again.

Posted by pinnaclegrade > 2020-12-21 15:00 | Report Abuse

any reason for the delay in QR, hopefully not intentionally

Posted by Riaz1954 > 2020-12-21 15:05 | Report Abuse

Results should be out today....the main concern is around level,of debt, which is given and consistent with the industry they operate in.

Posted by Riaz1954 > 2020-12-21 15:07 | Report Abuse

I hope there is no rights issue or even worse private placement ....unlikely they have much better governance than Serba and MyEG! Both mentioned companies contravene blatantly the ethical governance associated with companies listed in the stock exchange!

Posted by tradesafely > 2020-12-21 18:57 | Report Abuse

hmm good results but oil prices plummeting. let it bleed first before collect.

Posted by tamp0i > 2020-12-21 19:25 | Report Abuse

Oil price plummeting? I don't see it that way. Plummet will means it goes to < $40/barrel... Congrats to all shareholders... Great result

Posted by Riaz1954 > 2020-12-21 21:13 | Report Abuse

Good results....given the circumstances...oil prices are not plummeting, still above 50! They have good book of existing business

Posted by noobinvestor98 > 2020-12-21 22:22 | Report Abuse

Profit margin only approximately 4.5% for this quarter. Top line is fantastic but bottom line is horrible.

Posted by Calvin882 > 2020-12-22 07:36 | Report Abuse

https://in.investing.com/news/oil-down-3-2nd-covid-strain-deals-crude-hardest-blow-in-7-weeks-2546573

Posted by Myeye > 2020-12-22 09:25 | Report Abuse

~.~

Posted by Sohai Trader > 2020-12-22 09:58 | Report Abuse

The Group’s profit after tax for the third quarter of the current financial year was higher by 7.05% or RM9.01 million to RM136.87 million as compared to RM127.86 million in the immediate preceding quarter.

The increase was mainly attributable to positive contribution from EPCIC business activities, absence of impairment loss in tax recoverable and property, plant and equipment of RM27.05 million and lower loss on foreign exchange of RM12.70 million. The positive contributions were offset by lower other income of RM11.91 million, absence of reversal in impairment loss on trade and other receivables and advances to a joint venture of RM8.48 million, higher contract acquisition costs written off of RM42.36 million and deal deposit written off of RM84.81 million associated to a one-off forfeiture of a deposit of USD20 million related to the lapsed proposed part acquisition of Ezion Holdings Limited in September 2020.


If it is not because of the one-off expenses, the results are far more impressive.

Posted by Riaz1954 > 2020-12-22 11:30 | Report Abuse

I agree the performance has been good. The down grade totally unjustified.....the performance final quarter will be strong and 2021 -2022 will be even better as new contracts will be generated .

Posted by Riaz1954 > 2020-12-22 11:34 | Report Abuse

There is been such a negative reaction of CV mutation....this is nothing exceptional i fact all virus mutate lot of miss information in market to cause uncertainty so that shares are bought cheap! This is a deliberate policy if gov and institutions alike, U.K. was expecting higher CV cases due to winter...variants don’t make any difference ...key is can the vaccine work...the answer appears to be yes! So nothing. Has changed. uK gov and public are irresponsible ...pubs and restaurants did not follow guidance many months ago!

Posted by Riaz1954 > 2020-12-22 11:37 | Report Abuse

Yinson is well run company...u like many other don’t want to name which are wrecked by director dealings...hence Yinson is not followed much by day traders ...low volume of trading and not properly evaluated. Results in challenging times speaks for itself!

Posted by Riaz1954 > 2020-12-22 12:16 | Report Abuse

Kenaga ....totally ill informed and have other interests...BTW I hold investments in Serba, Dayang, and Armada, YINSON better governance in place and perhaps Kenanga and other IBs don’t like good governance for obvious reasons!

Posted by davors > 2020-12-23 00:18 | Report Abuse

Kenanga want to buy more is it?

Posted by Myeye > 2020-12-23 09:32 | Report Abuse

~.~

Posted by davors > 2020-12-23 15:22 | Report Abuse

slow but steady....
20% up in 3 months around end march 2021...

Posted by Myeye > 2020-12-29 09:11 | Report Abuse

~.~ Steady ~.~

Posted by Sailangking > 2020-12-29 15:20 | Report Abuse

rocket

Posted by Kei2 > 2020-12-31 18:51 | Report Abuse

It’s great to have see company buyback even at current price. Nice

Posted by Myeye > 2021-01-07 09:32 | Report Abuse

~.~ Steady !!

Posted by Calvin882 > 2021-01-10 16:57 | Report Abuse

https://oilprice.com/Energy/Energy-General/Oil-Bulls-Are-Back.html

Posted by davors > 2021-01-13 11:25 | Report Abuse

looks good to retest 5.85 soon... if break above then will go towards 6.50..

Posted by davors > 2021-01-13 11:34 | Report Abuse

Looks like Kenanga collect enough of Yinson....
Dec: Their target 5.50
Jan: Their target 6.95

Posted by Myeye > 2021-01-15 16:38 | Report Abuse

~.~

Posted by Mytime > 2021-01-18 19:23 | Report Abuse

Guys yinson is EPF top 2 investment recently.

Posted by pinnaclegrade > 2021-01-18 20:03 | Report Abuse

@Mytime That is a good sign ! What's their 1st top holding

Posted by Myeye > 2021-01-20 13:31 | Report Abuse

~.~ Steady ~.~

Posted by davors > 2021-01-22 16:58 | Report Abuse

Big Fund wanna buy at lower...

Posted by traintobullland > 2021-01-25 14:24 | Report Abuse

At this price, it's very undervalued

Posted by BATFLY > 2021-01-25 14:46 | Report Abuse

Dropping cos the whole market is red plus oil n gas industry still struggling.. Well managed company..

Posted by traintobullland > 2021-01-25 19:09 | Report Abuse

tomorrow sure rebound :D

Posted by traintobullland > 2021-01-26 23:43 | Report Abuse

above RM6 by end of Feb

Posted by Eric963708 > 2021-01-27 10:34 | Report Abuse

wa so confident?

Posted by traintobullland > 2021-01-30 10:51 | Report Abuse

yes must trust in your investment :D

Posted by pinnaclegrade > 2021-01-30 15:30 | Report Abuse

looks like another dip coming, golden opportunity to topup !

Posted by Riaz1954 > 2021-02-02 21:58 | Report Abuse

Despite oil price nearing 57 mark! Malaysian stocks impacted by poor govt performance. Sad, turnaround will come for sure

Posted by Sohai Trader > 2021-02-03 15:18 | Report Abuse

no money to scoop in the earlier dip......

Posted by davors > 2021-02-06 16:31 | Report Abuse

https://www.globenewswire.com/news-release/2021/02/03/2168910/0/en/FPSO-Market-Worth-USD-17-30-Billion-at-14-3-CAGR-by-2027-Owing-to-Presence-of-Established-Manufacturers-in-North-America.html

Posted by yuhang99 > 2021-02-09 19:50 | Report Abuse

https://investmiles.blogspot.com/2021/02/yinson-7293_9.html

Posted by yuhang99 > 2021-02-10 17:15 | Report Abuse

https://investmiles.blogspot.com/2021/02/yinson-7293.html

Posted by Riaz1954 > 2021-02-11 22:06 | Report Abuse

Market thinks they may need to raise funds..placement or rights issue.

Posted by Riaz1954 > 2021-02-16 19:39 | Report Abuse

Yinson should move any time now...see it moving towards 600!

Posted by Riaz1954 > 2021-02-16 19:39 | Report Abuse

Clever money ........should head this way ...from Dayang and Armada as tney have recovered well!

Posted by traintobullland > 2021-02-17 00:53 | Report Abuse

got a small angpow from armada, yinson coming soon :D

Posted by Mabel > 2021-02-18 00:53 | Report Abuse

Looks Armada is moving faster than our Yinson

Let's hope it will breach RM 6 before the end of the month

Meow

Posted by LossAversion > 2021-02-18 09:58 | Report Abuse

Come on Yinson....RM6 should be easy...Go,Go.

Posted by Xxxting > 2021-02-18 11:11 | Report Abuse

Is this counter fundamental good? Tp should be what?

Posted by Riaz1954 > 2021-02-18 11:54 | Report Abuse

Due for major shift Up.....price 18/11 7.11 Brent oil price 55.6. Now Brent 63.70! Potential move to 6.50 on cards.