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apple developer account for sale (buyappleacc.com):RHB cuts target price on Yinson

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,KUALA LUMPUR: RHB Research has lowered its target price on Yinson Holdings Bhd following the negative surprise of Petrobras' cancellation of bids for the Parque das Baleias (PDB) integrated project."We were negatively surprised by this incident, as we initially anticipated it to be at an advanced sealing-the-deal stage."However, other upcoming projects with potentially better terms could be the reason why Yinson is so confident of walking away from this deal," it said in a note.According to the research house, near-term demand is mostly coming from larger oil firms with better financing access, which will provide a very healthy pipeline to contractors.Following the PDB cancellation and lingering uncertainties over the Pecan project, Petronas and Enauta’s Limbayong (Malaysia) and Atlanta Phase 2 (Brazil) projects are active bids that Yinson could possibly secure by 2H21 while the group has also expressed interest in TotalEnergies’ Blocks 20/21 and 58 in Angola and Suriname, it added.The research house maintained its earnings estimates but cut its target price to RM5.50 after factoring in a lower project win size worth 46 sen a share.
转载说明:本文转载自Sunbet。

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