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Yinson targets new projects for growth opportunities

The Star Business LogoThe Star Business1w ago

Yinson targets new projects for growth opportunities

Quick Summary

KUALA LUMPUR: Yinson Bhd is confident of securing a new project out of the four it is currently targeting, which would go towards its earnings growth prospects.

Kenanga has an "outperform" call on Yinson with a lowered target price of RM2.50 following some post-results model updates and ater rolling forward its valuation base year.

"With competitors potentially including Bumi Armada and Saipem, Yinson seems to be a favourite given that it is financially the healthiest among them.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Yinson Kenanga Analyst Reports /Business/Business News FPSO Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 10:01:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 300 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 6805

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1d ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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