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Yong nam
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kooihoe
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11-Jul-2007 21:45
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Pinnacle
Master |
11-Jul-2007 21:21
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Show Time!!! 
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Manikamaniko.
Master |
11-Jul-2007 18:41
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Perhaps we will hear the "Cheong Arhh!!!" cries again?...
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raymondho
Senior |
11-Jul-2007 18:26
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Thank you timely info ! Let cheer ! Yong Nam, tomorrow is your showtime !! |
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dpang88
Member |
11-Jul-2007 17:53
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The news just came out. Good luck to those vested! The Board of Directors of Yongnam Holdings Limited (the "Company") refers to the Company's announcement in relation to the abovecaptioned matter on 22 December 2006. The United Overseas Bank Limited's appeals were heard today by the Court of Appeal. The Board of Directors is pleased to announce that the appeals were dismissed and upheld the Company's interest in the 23rd floor of Springleaf Tower. BY ORDER OF THE BOARD Seow Soon Yong, Chief Executive Officer 11 July 2007 |
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KiLrOy
Master |
11-Jul-2007 17:39
Yells: "I buy only what I can see." |
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If the ripe fruit is consider 0.61SGD in today's context for Yongnam, at what price will you pick the fruit? I will pick the fruit at 0.58 (coz my taste bud tells me the ripe fruit will taste jus right at 0.58). |
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solomonster
Senior |
11-Jul-2007 17:13
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i like Pinnacle's analogy ! | |||||
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Manikamaniko.
Master |
11-Jul-2007 16:01
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Yea... In this context... love is so much like the stock market... It can turn sour so easily... especially if one only focus on the appearance at the moment....
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Pinnacle
Master |
11-Jul-2007 14:50
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Just a simple analogy: When the fruit is ripe for the picking, don't be emotional. Just pick it and enjoy the swetness fruit. If hesitated, the fruit will be rotten and you lose your crop. |
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KiLrOy
Master |
11-Jul-2007 14:37
Yells: "I buy only what I can see." |
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Probably wont be a darling when the profit turns into loses. Touch wood. If only we can remove the emotion part of us in trading ... :p Here's wishing these vested to profit from the uptrend. Remember to take some moolah off the table when YOUR time is right. |
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Manikamaniko.
Master |
11-Jul-2007 14:33
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It's very, very difficult for humans not to fall in love!.. |
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KiLrOy
Master |
11-Jul-2007 14:28
Yells: "I buy only what I can see." |
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Pinnacle highlighted a very good reminder to take away! The same stock that did well for you today may not do well for you the following months ahead. |
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Pinnacle
Master |
11-Jul-2007 14:25
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Remember. NEVER fall in love with any of the stock. If you feel that the price has reached its valuation, cash out and move on to next potential. |
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fortunegal
Senior |
11-Jul-2007 14:16
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0555 GMT [Dow Jones] Yongnam (Y02.SG) halts trade pending announcement on a court decision relating to ownership of a floor in Springleaf Towers. Court of Appeal expected to make its final decision later today over appeal filed by UOB ( U11.SG) against a court ruling in a case involving the bank and Yongnam's subsidiaries. Resolution of case likely to be positive for stock, upside capped at record high of S$0.565; CIMB said in a recent note that "impact could be either neutral in the worst case or positive in the best case." Closed up 1.8% at S$0.555 before halted; shares likely to resume tomorrow once outcome is revealed. (JEM) |
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Manikamaniko.
Master |
11-Jul-2007 14:15
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hahaha... :) |
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Pinnacle
Master |
11-Jul-2007 14:09
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Its just a target set by some analysts. To reach the TP or even goes beyond the TP also depend on the market sentiment, the local and global economic reports, fed rate (fed rate will affect almost everything), etc... To hold or cash out depend on whether you are patient or need $$$ on hand. |
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knightrider
Elite |
11-Jul-2007 14:08
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Take profit la ! | |||||
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solomonster
Senior |
11-Jul-2007 13:50
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need advise. If it's reached TP=0.61, what should we do? should we let go? or hold? |
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limkt009
Veteran |
11-Jul-2007 12:39
Yells: "Watch your front, grab $$$$$ at your own time" |
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Trading halt. | |||||
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knightrider
Elite |
11-Jul-2007 11:48
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From BusinessTimes 2day !!! Yongnam Holdings July 10 close: S$0.545 CIMB Research, July 10 COURT decision soon; fundamentals going strong: Yongnam's Springleaf Tower court case will come to an end with a court ruling on July 11. The impact could be either neutral in the worst case or positive in the best case. In a favourable outcome, there could be a one-off boost to net profit of up to S$18 million for FY07. Also, Yongnam's bright prospects are supported by Singapore's GDP growth momentum. Our target price of S$0.61 remains set at 20.0 times CY08 earnings. Valuations are still reasonable against a projected 74.4 per cent FY06-09 earnings CAGR for Yongnam. Maintain 'outperform'. |
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