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Hi all, any news of this counter recently?
Dear Cheongsl,
Yes, I think so, I agree with you.
http://www.remisiers.org/research//yst221206.pdf
Maintain Buy and a target price of S$0.21. We believe Yaan will be the beneficiary, riding on the buoyant surveillance market in China.
Maintain Buy. Our target price is pegged to 5.5x FY07 earnings.
Ye chen[founder] & Huang WeiHua have been accumulating. Seems like good potential???
50/50 chance of a "cheong", as time is ripe.
downward trend is become weaker, and up trend is growing, need to observe another few days.
Thanks Nokita, accumulating will slowly attracted invester, just need to wait.
Qin Wei is the beautiful wife of Ye Chen, the founder & CEO of Yaan.
The constant accumulation of stock by insiders is a very bullish sign.
Pity the stock hasnt attracted liquidity yet.
who is this qin wei who buying from open market?
Yaan should change name to Yawn....
Volumes too low. TA people should avoid.
Volumes too low. TA people should avoid.
Not much action for this counter.
DBSVsays it has raised its target price to $0.21 because it expects the company's earnings to grow strongly.
Yaan is a Chinese-based company that designs and develops security and surveillance products. In the first half to June its net profit rose 58% yoy while its revenue rose 45% yoy.
"We believe Yaan will continue to benefit from strong demand for security surveillance products in China. This is on the back of growing security awareness and economic expansion," DBSV said.