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Yong nam

liverpoolfc
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30-Jun-2007 23:05

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Anyone got new of IR Contract announcement next week ? Closing at 0.505 giving it a strong base to move further ahead next week.

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twinkle
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29-Jun-2007 20:46

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hi teeth53,

how do u tell it's profit taking? could u enlighten me pls. thanks!

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teeth53
Supreme

29-Jun-2007 18:17

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Yells: "don't learn through life, learn to grow with life "

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Huge-ly on profit taking lah...., Those bot hope it follow up another round..hopefully happy trading.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.495	20	647,000	647,000	0	0
0.500	289	22,865,000	18,349,000	0	4,516,000
0.505	438	31,893,000	16,911,000	635,000	14,347,000
0.510	420	40,114,000	22,106,000	3,079,000	14,929,000
0.512	1	10,000	0	10,000	0
0.515	298	19,372,000	6,763,000	0	12,609,000
0.520	42	2,115,000	0	0	2,115,000
TOTAL	1,508	117,016,000	64,776,000	3,724,000	48,516,000

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ed88ks
Senior

29-Jun-2007 15:16

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HUGE PLAY NOW

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ed88ks
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29-Jun-2007 14:46

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huge buy up at 0.50

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speed000
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29-Jun-2007 12:41

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Those who shorted need to buy up later Smiley

keke

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importexport
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29-Jun-2007 12:24

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More action to come.... $0.50 is the resistance point, hope it will stay here before it cheong to $0.53.....

Well done for Yongnam this week....

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cyjjerry85
Elite

29-Jun-2007 10:34

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why is it that brokerage houses restrict buying of certain stocks online?

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ed88ks
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29-Jun-2007 10:28

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As of 3.49pm , my house has lifted the restrictions on the buying of Yongnam shares, resulting in it's price spike from $0.475 to 49cents. various clients has heard that this stock my go up to 60cents upon announcements of more contracts clinched soon. And since my house lifted it's restrictions, it's likely a sign of good things to come. Can try buying and holding it if you are keen.

quote from my dealer report, vested

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KiLrOy
Master

29-Jun-2007 10:24

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Yells: "I buy only what I can see."

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Buy the rumors, sell the facts. Smiley

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limkt009
Veteran

29-Jun-2007 10:12

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Yells: "Watch your front, grab $$$$$ at your own time"

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Volume is moving up fast, think HT is coming.

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Pinnacle
Master

29-Jun-2007 09:52

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agree with fortunegal. This counter is highly recommended by a few major analysts.

There will be a few reports coming out in the coming few months. So hold on to this till Q4 result published if you can.

Pay to be patient...Will be a windfall in the making... Smiley

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fortunegal
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29-Jun-2007 08:49

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jerrymaguire, if for me,i wouldnt sell at 0.52. i m waiting till august for the news release as rumors said most likely they will get the casino contract (dowjows markettalk keep repeating that yongnam might get the contract, if it comes out from dowjows, most likely it is true). So i am holding this for middle-term at least few months.

ya i also agree cheong too fast is not good.....too speculative, just look at koh brothers, cheong up to high of 0.585 and came down.

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Mayonis
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29-Jun-2007 02:22

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construction counter can buy n hold long term. but not all. ChipEngS, CSC & Yongnam. The rest i not very sure liao le.

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Mayonis
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29-Jun-2007 02:19

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Hi cyjjerry85, Thks for your info. Cheers! but for yongnam if drop oso nvm. cos bought it at low price. i say my TP at 0.800 but i think i will hold for 2-3yrs.

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cyjjerry85
Elite

29-Jun-2007 02:03

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cheonging too fast up at such a market which is still unstable recently...its kinda shaky...but nevertheless...all the best! Yongnam still look good...but not the market...somehow or rather it will be affected too

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Mayonis
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29-Jun-2007 01:58

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Woop..!! So Happy i bought Yongnam at 0.315. Now Cheong Cheong to 0.510. Smiley

TP 0.80 out. haha Cheer BROS!!

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jerrymaguire
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29-Jun-2007 00:34

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i vested 0.43 too !. i am surprised it break its 0.5 resistence and close at 0.51. seems tomorrow is possibe to have an gap up open.

do you think it will reach 0.55 tomorrow ? or i shout take some profit at like 0.52 ?

thx.

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fortunegal
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28-Jun-2007 16:46

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Vested at 0.43. Now regreted not buying more. the speedy ride is really getting toooo fast for yongnam....... Smiley

I had bought twice before and sold off twice much earlier this year. Alamak, i should have hold all the way till now....

==========================

latest extract from dj market talk site:

28 Jun 2007 09:29 BST DJ MARKET TALK: Yongnam +7.6% On Contract Prospect; M&A Unlikely

0829 GMT [Dow Jones] Yongnam (Y02.SG) +7.6% at more than 7-year high of S$0.495 on huge volume as investors betting construction firm will soon announce more contract wins. Rumor of company possibly being acquired at S$0.50/share may also be driving up share price, though likelihood of takeover remote. "I don't think they're for sale at 50 cents or even 60 cents. The management thinks that there's still a lot more value in the company. So a takeover is unlikely," says foreign house analyst; "I guess people are expecting contracts to come in soon, so it could be buying ahead of that." Psychological resistance at S$0.50. (FKH)

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limhpp
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28-Jun-2007 15:28

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Sound good... limkt009

adrian01,

I am also stuck in Jade. Sigh.....

Smiley

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