Yongnam   

Yongnam Holdings

RALLYING NOW!!!

 

Can I ask what  are your thoughts on the share price during the rights trading period - why are you counting the days? My basic understanding is that share price should theoretically already factor in the fact that it is trading ex-rights (i.e. already diluted). Even at the diluted level, Yongnam is only trading at 0.28 P/BV (from what i see) with BVPS of 0.87. That' s why I see potential. Anyone can share your thoughts too? DYODD for potential investors.

johnng      ( Date: 17-Jun-2016 15:43) Posted: 5th or 6th day of Right trading next week

 

5th or 6th day of Right trading next week

 

I think so too!

 

Anyway, information on the Myanmar airport deal - its a big project!  : http://www.bloomberg.com/news/articles/2014-10-29/singapore-led-group-wins-1-4-billion-myanmar-airport-contract

johnng      ( Date: 17-Jun-2016 10:53) Posted: it should rebounce soon!

 

4th day of the nil-paid trading right issue...

 

it should rebounce soon!

 

Er, I don't think u should short... Cos prospects of coy in terms of announced deals seem quite good. Just my humble view la. DYODD and if U make money from short then good for u also.

TeoMark      ( Date: 16-Jun-2016 22:05) Posted: Is this counter gonna mtp again? Good good. Can short again. Like the last mtp. :). Thanks sgx. FATABA      ( Date: 16-Jun-2016 15:41) Posted: This is really another SAD case about stock in SGX......the right price is just the current price ( or so near that its not worth to subscript ) ...​ Yongnam R is only 0,001 ....so who will benefit to collec them ???? When a company ask for a right issue ( and a underwriting is appointed ) SGX is just to approved it .......???/    MORE SO ...with 20 c rule and market conidtion and expected take up ....SGX job can be MORE than just ok an right or shoudl they ensure public investor interested are PROTECTED.....sooner not later....SGX Singapore shares are all going to suffer with this policeing.

 

Is this counter gonna mtp again? Good good. Can short again. Like the last mtp. :). Thanks sgx.

FATABA      ( Date: 16-Jun-2016 15:41) Posted: This is really another SAD case about stock in SGX......the right price is just the current price ( or so near that its not worth to subscript ) ...​ Yongnam R is only 0,001 ....so who will benefit to collec them ???? When a company ask for a right issue ( and a underwriting is appointed ) SGX is just to approved it .......???/    MORE SO ...with 20 c rule and market conidtion and expected take up ....SGX job can be MORE than just ok an right or shoudl they ensure public investor interested are PROTECTED.....sooner not later....SGX Singapore shares are all going to suffer with this policeing.       dingbat      ( Date: 16-Jun-2016 15:11) Posted:       Yongnam management driving share value right to the ground. First came the consolidation which was to supposedly to help it meet the MTP ruling, now the rights issue has driven the shares right back to 20 cents level. Long term loyal investors basically getting screwed by the board' s gross incompetence. Dun anyone is subscribing if the shares keep depreciating this way. Reminder:   Last date and time of trading of &ldquo nil - paid&rdquo Rights : 22 June 2016 at 5.00 p.m

 

I think this is hidden gem but of course DYODD.

http://www.deltalloydassetmanagement.eu/en-gb/news-articles/2012/5/yongnam-holdings-/

 

This is really another SAD case about stock in SGX......the right price is just the current price ( or so near that its not worth to subscript )
...​ Yongnam R is only 0,001 ....so who will benefit to collec them ???? When a company ask for a right issue ( and a underwriting is appointed )
SGX is just to approved it .......???/    MORE SO ...with 20 c rule and market conidtion and expected take up ....SGX job can be MORE than just ok an right or shoudl they ensure public investor interested are PROTECTED.....sooner not later....SGX Singapore shares are all going to suffer with this policeing.

 

 

 

dingbat      ( Date: 16-Jun-2016 15:11) Posted:       Yongnam management driving share value right to the ground. First came the consolidation which was to supposedly to help it meet the MTP ruling, now the rights issue has driven the shares right back to 20 cents level. Long term loyal investors basically getting screwed by the board' s gross incompetence. Dun anyone is subscribing if the shares keep depreciating this way. Reminder:   Last date and time of trading of &ldquo nil - paid&rdquo Rights : 22 June 2016 at 5.00 p.m

 

2016 at 5.00 p.m

 

ANOTHER PENNY STOCK in the making????

 

Anyone receive any letter about the rights yet? I haven't got mine

 

The mtp ghost haunting this yn yet again?

calvino      ( Date: 05-Jun-2016 12:59) Posted: Is getting more cheaper with its Rights Issue now. Gained so much contracts thru the yrs but still unable to self-sustain with his profit earning, useless management.   happyboy588      ( Date: 21-Mar-2016 20:53) Posted: It' s too cheap .   plus the recent contunious secured contract.   I got feeling it may double price this year .   haha   cheers

 

Is getting more cheaper with its Rights Issue now.

Gained so much contracts thru the yrs but still unable to self-sustain with his profit earning, useless management.

 

happyboy588      ( Date: 21-Mar-2016 20:53) Posted: It' s too cheap .   plus the recent contunious secured contract.   I got feeling it may double price this year .   haha   cheers Qanghoo      ( Date: 21-Mar-2016 08:23) Posted: Quite a lot of property-related counters also up.  I' ve a haunch that all these are related to speculations abt some " help"   from the forthcoming budget.  Constn, especially, has been known to be accelerated during downturns as part of fiscal stimulus.  N yes, Yn has over the last yr quietly been taking measures to turn around which  seem to have been rewarding, n it  has also been  increasing sales nicely too.  So, gd luck to u.  Hope u huat.

 

It' s too cheap .   plus the recent contunious secured contract.   I got feeling it may double price this year .   haha   cheers

Qanghoo      ( Date: 21-Mar-2016 08:23) Posted: Quite a lot of property-related counters also up.  I' ve a haunch that all these are related to speculations abt some " help"   from the forthcoming budget.  Constn, especially, has been known to be accelerated during downturns as part of fiscal stimulus.  N yes, Yn has over the last yr quietly been taking measures to turn around which  seem to have been rewarding, n it  has also been  increasing sales nicely too.  So, gd luck to u.  Hope u huat.  happyboy588      ( Date: 16-Mar-2016 13:05) Posted: actually quite a lot construction company up recently . so I believe this gem will be shining soon . cheers lol

 

Quite a lot of property-related counters also up.  I' ve a haunch that all these are related to speculations abt some " help"   from the forthcoming budget.  Constn, especially, has been known to be accelerated during downturns as part of fiscal stimulus.  N yes, Yn has over the last yr quietly been taking measures to turn around which  seem to have been rewarding, n it  has also been  increasing sales nicely too.  So, gd luck to u.  Hope u huat. 

happyboy588      ( Date: 16-Mar-2016 13:05) Posted: actually quite a lot construction company up recently . so I believe this gem will be shining soon . cheers lol

 

is yong nam an under value stock ?

 

Yongnam secure another 49million project this year . seems a Super lucky year for this Gem cheers

 

actually quite a lot construction company up recently . so I believe this gem will be shining soon . cheers lol