At 0214 GMT, Yanlord shares were trading at $1.74 on a volume of 6.4 million shares.

hello epliew now i see u here haha..u bot YL?
History is always good to carve the way the future will go.
Let's take this example, when you notice from the trades that it cannot sustain 1.78, resistance is the important point to ensure that you are on the right track which what I did was to offload half of my holding to position myself better. So in this sense, when it drops, you wont get caught out of it. And it really dropped to the lowest of 1.63 before rebouncing back. So this is what I meant by riding on the waves...
Now, the picture of today's trading with the one that traded on 4Oct 2010 is totally different pattern. What I am trying to bring out to you all is Yanlord reached 1.78 today and on 04Oct , they are totally a diff ball game of trading chart pattern. Not sure if you know what I meant.
Anyway, let's check out Yanlord today and decide it for tomorrow! :)
Happy trading!
Star-Trader
star-trader ( Date: 04-Oct-2010 17:27) Posted:
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As stated, why I am still holding on the fort on Yanlord @1.71... and went in at 1.7 yesterday. Signals can be categorised into 5 sections..I will try to write on this soon on my subscribers lesson.
Why I mentioned the real signal and went in only at 1.7. I proved it with Yanlord. Though my signal was lagged, but as mentioned, my short-term trading is between 0-3months. :) Remember, only hold when you have confident and you see the technical trend there from the chart..and not hold because of the sake of "do not want to lose your money".. Even if I see if a stock not moving as it is.. fake signal, I will dump it and cut loss.
I will see how the chart goes today as well as other parameters and will decide to queue half of my holding again to offload if there is a good offload price tomorrow. Let's see!
Till then,
Star-Trader
star-trader ( Date: 06-Oct-2010 20:58) Posted:
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Yanlord rises on “buy” recommendation |
Tags: Deutsche Bank | Yanlord Land Group
Written by Thomson Reuters |
Wednesday, 13 October 2010 10:25 |
Shares of Singapore-listed Chinese developer Yanlord <YNLG.SI> rose as much as 2.9% on Wednesday after Deutsche Bank initiated coverage of the firm with a “buy” rating and target price of $2.10.
At 0214 GMT, Yanlord shares were trading at $1.74 on a volume of 6.4 million shares. “The broker initiation should have an impact on the share price,” said a local trader.
Deutsche said Yanlord should be less affected by China’s latest tightening policies compared to its peers due to its greater revenue diversification. It added that Yanlord has good margin performance and a strong balance sheet.
The brokerage said Yanlord is trading at a 44% discount to its net asset value (NAV), at the lower end of its historic valuation band. Deutsche’s target price of $2.10 was based on a 30% discount to the firm’s NAV.
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if STI cant support if crash also will hit index counter 1st, u can check out some index counter they are still healthy?
my point of view. CHEERS!!
chriscyng ( Date: 13-Oct-2010 12:13) Posted:
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bh704428 ( Date: 13-Oct-2010 11:08) Posted:
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LOL! btw..the balls u referring was guys right haha there might be some girl/women who sold 1.70 too!
if this baby pass 1.76 it will really fly..
guess by friday should be able to cross 1.80 if market sentiment is good..and it will be good because 2 major IPO otw.
my "guess", pls dont take this as consideration and jump into whatever counter. I am not responsible!!!
Cheers for my Lord!
bh704428 ( Date: 13-Oct-2010 11:08) Posted:
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1.76 now.
those that panicked & sold at 1.70 & below past 2 days bang balls now
des_khor ( Date: 13-Oct-2010 00:41) Posted:
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i agreed with you! haha
Cheers for YL
kyjnjn ( Date: 12-Oct-2010 23:02) Posted:
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kyjnjn ( Date: 10-Oct-2010 22:58) Posted:
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YANLORD SELLS 80% OF APARTMENT UNITS AT YANLORD TOWNHOUSE ON OPENING SUNDAY
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1BC460466C4BB97D482577B9001326A3/$file/11-10-2010-PressRelease_YanlordTownhouse.pdf?openelement