
Last:0.192     Vol:61k    

so long no more mushroom activity
look4ang ( Date: 13-Nov-2013 18:45) Posted:
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Mushrooms still sleeping? Time to wake up!
ozone2002 ( Date: 11-Nov-2013 16:51) Posted:
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Last:0.194     Vol:57k    

Time for Mushrooms to start sprouting?
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/921-2013-chinahk/7632-jim-rogers-charging-back-into-china-shares
Jim rogers looking to buy China shares, targetting Agriculture as one of the sectors he's bullish on.
Yamada into veggies, looking good  for the long term.
Yamada Green Resources
unchanged) 1Q to Sept?13 profit declined 36% to
Rmb0.6mln due to the low season, higher labor
and raw material costs. Looking ahead, while
management expects the peak harvesting season
to positively impact them from Oct?13, higher
operating costs continue to be a challenge.
ozone2002 ( Date: 05-Nov-2013 10:37) Posted:
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not good , profit down 36%
S/NCompany NameQ/HY/FYCurrency, UnitsRevenueNet Profit
CurrentPreviousChange (%)CurrentPreviousChange (%)
6Yamada Green Resources1QRMB ?00040,12333,01721.56451,002-35.6
when is the next finanical result going to announce?
ozone2002 ( Date: 31-Oct-2013 11:55) Posted:
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Last:0.19     Vol:109k    

with CMZ reporting 60% decline in earnings, Yamada stock has fallen as well..
not so promising for the mushroom biz..
Cut loss....
Newlearner ( Date: 09-Oct-2013 17:32) Posted:
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what happen? 20c also cannot hold!
not as sexy as its peers Sinogrand and CMZ..
hence the little interests in the stock..
What happened still at 20c?
Pennies rebounding. This one sure shine like the rest. Additional it has dividend.
Based on current price 0.200
Estimated/ round of CNY convention of 0.013/ 5 = 0.0026
Yield at 1.3% dividend "if approve"
Estimated/ round of CNY convention of 0.013/ 5 = 0.0026
Yield at 1.3% dividend "if approve"
Ann3332 ( Date: 11-Oct-2013 18:58) Posted:
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declared small dividend today,  CNY 0.013 Per 1 Ordinary share
Bought some today! China index recover strongly, see can huat a bit bo
 
Support at .195, break then @@!
Henry$$$ ( Date: 08-Oct-2013 22:28) Posted:
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Despite the strong sell down in penny stock recently, Yamada comes to reasonably good entry price if considering it is backed by rich Singaporean and Singaporean company. Don't miss the boat. My TP is ~27c the Yellow Page entry price.
Yamada Green Resources Limitedannounced that its wholly-owned subsidiary, Fuzhou Wangcheng Foods Development Co Ltd. (Wangcheng) has entered into a multiple credit facility agreement with the China Everbright Bank dated 19 August 2013 in relation to a credit facility of up to an aggregate principal amount of RMB40 million to be extended by the Bank commencing from 22 August 2013 to 21 August 2014 (Facility Agreement). Pursuant to Facility Agreement, Wangcheng had on 2 September 2013 drewdown an amount of RMB20 million granted by the Bank for the purposes of working capital. (Closing price: S$0.20, -2.439%)
Largely yes, good news is they  eventually received the logging license for the bio-asset and should help reduce with their future raw material cost.
Personally for me, I take the opportunity to exit during the price hike  due to  Sam Goi's saga.  The injection of cash from Sam Goi led to  value dilution, and he actually bought the share at a huge discount over its NAV, so it seems logical to unload when market  somehow  response positively to the news and push the price above its NAV.
For now, as the selling price of mushrooms  seem to be  declining, will  wait for better visibility on a healthier cash flow before going long on this counter again. Meanwhile, will probably just  load with a trader mentality  and not hold it  for more than  two weeks.
fundamentalhero ( Date: 05-Oct-2013 19:58) Posted:
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