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Overview
Financial Highlight
HeadlinesBusiness Background Yinson Holdings is a transportation and logistics company domiciled in Malaysia. The company organises itself into two segments: marine and other operations. The marine segment, which generates the vast majority of revenue, leases, trades, and operates vessels; offers chartering for other floating marine assets; provides consulting services for ship management; and provides other marine-related services. The other operations segment makes investments, and offers business and management consultancy services.
  Mabel No lah.... Oil prices are on course to climb 10 percent this week as Hurricane Delta shuts in over 90 percent of production in the Gulf of Mexico, leading some analysts to claim prices are set for a breakout. Brent is now on target -USD 43.33 Meow 10/10/2020 11:32 AM  night_shadow worth to buy no very cheap for a company with very good fundamental.. sooner or later it’ll fly~ 12/10/2020 1:27 PM Qiinvestor @yishhh999 May I know how you get the news or the source it comes from? 19/10/2020 9:38 AM Qiinvestor https://www.thestar.com.my/business/business-news/2020/10/19/quick-take-yinson-slides-after-petrobras-postpones-project 19/10/2020 9:49 AM night_shadow bad news for Yinson.. but it’s still a good company, below 5.0 would be a good support buy, it’ll rebound soon above 5.0 19/10/2020 10:41 AM  DannyArcher I am buying Yinson for their renewable energy (solar) prospect. I like companies that are able to transform and continue to grow. Yinson knows O&G cannot last forever, and based on my research, they are one of the best renewable energy company so far. Long term, Yinson will be ok, not like UZMA where OTB and KYY is holding to goreng. 19/10/2020 1:23 PM RainT But their renewable energy segment has yet to contribute any meaningful profit 19/10/2020 1:34 PM DannyArcher @RainT Yup, very dependable on O&G. Oil price already so low, can it go lower? Unlikely, but probable. Upside better than downside. In 1 or 2 years time, oil price will fly. Some say USD60-70, while others say USD100+ because so many company went bankrupt or scale down their capex, thus when demand returns, which it will as more people fly and drive, prices will fly as demand will outstrip supply due to the cut in capex this year. Buy now for the future, some say buy low... but nobody knows when it the low, as long as the upside is bigger than the downside, it is worth the risk. 19/10/2020 2:39 PM Pyh96 Rsi shows oversold 9 9 Currently Rsi is much lower compared to the Similar price before MCO 19/10/2020 3:15 PM mf Proton confirms 49 employees in Shah Alam test positive for Covid-19 NATION Monday, 19 Oct 20208:34 PM MYT 20/10/2020 12:35 AM mf Globally, as of 2:01pm CEST, 19 October 2020, there have been 39,944,882 confirmed cases of COVID-19, including 1,111,998 deaths, reported to WHO. 20/10/2020 5:19 AM jjgoh0608 Maybank IB Research upgrades Yinson to 'buy' on improving prospects By Tan Siew Mung | theedgemarkets.com | 2020-10-20 11:17:23 KUALA LUMPUR (Oct 20): Maybank IB Research has upgraded Yinson Holdings Bhd to "buy" from "hold", with an unchanged target price (TP) of RM5.45, as it sees the oil and gas (O&G) stock's value emerge on improved prospects. Maybank IB Research analyst Liaw Thong Jung said in a note today Yinson’s 14% fall yesterday had priced in the Parque das Baleias (PDB) floating production storage and offloading (FPSO) loss scenario and turned Yinson attractive now. Liaw also believes Yinson has the advantage over peers for a PDB rebid in terms of knowledge of the project (with a short deadline) and the capacity to take on new jobs. “Assuming it fails to land PDB, tender visibility remains decent for 2021 for Yinson will participate in Enauta’s Atlanta and Petronas’ (Petroliam Nasional Bhd) Limbayong projects,” said Liaw. According to Liaw, apart from PDB, Yinson has also indicated interest to participate in two tenders (Petronas’ Limbayong and Enauta’s Atlanta), which will be rolled out in 2021. Capacity-wise, Liaw said, Yinson can only take on the PDB or Atlanta job (relatively similar in size) and the smaller Limbayong project without running into systemic risk. “For that, Yinson will likely dispose of one of the two very large crude carriers (VLCCs) [currently on spot and six-month charter], provided that the price is right. Recall that these VLCCs were acquired for the Pecan and PDB jobs,” said Liaw. Liaw also noted that Yinson had dropped the RM500 million to RM700 million rights issue plan for now until it gets clarity over the PDB, Limbayong and Atlanta tenders. “Should it fail to land any of the above, Yinson will likely declare higher dividends, while at the same time aim to remain syariah-compliant and refocus its resources to accelerate growth in the renewable energy space, which carries much long-term potential in an energy transition period,” said Liaw. Yinson's share price rose six sen or 1.24% to RM4.88 in early trade today, valuing the company at RM5.13 billion. 20/10/2020 11:42 AM Fabien "The Efficient Capital Allocater" Bought Yinson 4.76 Believe in the management that they will come back up from this setback. 20/10/2020 8:06 PM RoyalExpert Just bought below 4.70, still collecting. Glad to buy lower than the company collection price. Ini kalilah! 22/10/2020 3:34 PM Henry8833 I bought some today and hold for recovering. Still dropping bit by bit every day. Will buy when RM 4.5 for my next batch if can get. 22/10/2020 4:14 PM  |
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