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Some movement finally, but vol still thin.
Wow. Dropped .78 cents and had gone down to 4.53.
Cheers
francisd ( Date: 16-Oct-2012 23:48) Posted:
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Yeah, the way it was moving my eyes were popping out but dare not go since the vol. is small and fall might be hard also. Hope you had entered early can double their money. Cheers. :)
daylight28 ( Date: 16-Oct-2012 17:18) Posted:
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Now overvaluation already. It is trading above NAV value
too late to buy now. if buy last week, huat until very happy.
Just came across this report by MAYBANK dated 3/10/12
SUNNY SIDE UPP –– SSttaarrtt yyoouurr ddaayy tthhee KKiimm EEnngg wwaayy
What’s cooking
Yeo Hiap Seng: Yo! What’s brewing here? Initiating coverage, BUY TP$2.25
YHS SP | Mkt Cap USD916.1m | ADTV USD< 0.1m
Yeo Hiap Seng (YHS) is a household F& B brand in Singapore and Malaysia with a 112-year heritage. With the completion of its last property development project, Jardin, by this year, we believe its new lease of life as a pure F& B play will be a key catalyst for the stock.
After the Far East Orchard restructuring, Far East Organization will emerge as the direct major shareholder of YHS with a 66% stake, while free-float will improve from 15% to 29.5%.
YHS has an agreement with PepsiCo that gives the latter a right of first refusal to buy YHS, its distributor and manufacturer in Singapore. However, as seen in the Asia Pacific Breweries saga, this does not preclude a bidding war that could well drive up YHS’s share price in excess of our SOTP TP of SGD2.25. Initiate with a BUY.
Click here for full report [email protected]
Trying to raise the take-over price. Good luck if you buy now.
newbie86 ( Date: 15-Oct-2012 22:08) Posted:
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Any reason why it is not stopping?
could have something to do with FEO..
cos FEO also moving
maybe ppl started to think this is another " F& N" ...
These few days, it had been up quite a lot. Any reasons?
Blastoff ( Date: 10-Oct-2012 15:42) Posted:
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Why the sudden surge in price? Anyone know why?
This counter should not exist since it is not for trading. No volume at all.
Remember those days when Quek Leng Chan and Ng Teng Fong fought for control of the company.
Both were winners. QLC made lots of $$$. NTF had control of the company and the precious piece of land.
Almost no trading volume most of the time. Tightly hold by some Institutes to prevent manipulation by BB. Can forget this counter.