Yongnam   

Yong nam

 

Hear...hear...Rosesyrup full of delusions to think that forum users are so free to create multiple accounts just to "attack" her? She should use the time to reflect on her 'statements' and do some self-censorship before future postings if she wants others to take her seriously...

wiseguy1269      ( Date: 28-Nov-2013 06:36) Posted: Poor deluded schoolgirl rosesyrup. She must have antagonised so many forumers that now she thinks everyone is a wiseguy. I only have 1 account and am not so free to create so many accounts just to deal with a serial kachang puteh schoolkid. So you see? This happens when you think you know it all and get it all wrong over and over again. Of course the other forumers will realise and rightly tell you off. Come back when you are more knowledgeable, humbler and wiser so that other folks won't have to keep telling you off.

 

Poor deluded schoolgirl rosesyrup. She must have antagonised so many forumers that now she thinks everyone is a wiseguy. I only have 1 account and am not so free to create so many accounts just to deal with a serial kachang puteh schoolkid.

So you see? This happens when you think you know it all and get it all wrong over and over again. Of course the other forumers will realise and rightly tell you off.

Come back when you are more knowledgeable, humbler and wiser so that other folks won't have to keep telling you off.

 

  Rose, no apology needed.  It's good to have a differing voice, it's just an opinion.  Everyone is entitled to their own views.  Keep posting.


  :-)

 

Sorry for spamming, just in case anymore misunderstanding, I should clarify:

I don't preach using my style cos I got no style. I use fundamental style only.

Fundamental might not get you the biggest gain but is the most reliable style. Basically you pick a counter as if you are running  the business yourselve. Profitable business model=> Confirm price will go up no matter what other say. Non profitable business=> matter of time it will fall no matter how high it goes, cos build on empty boxes only.

The same is not true for Technical analysis. A counter can be loss making, yet whenever price line cross 200MA, people get bullish!!! Whenever price line fall below MA, people get bearish no matter how strong the company is (e.g. Keppel corp). Nevertheless there are really good chartists too but those are exception cases. 

Nothing to say about speculation=> as good as betting in Casino=> > > zero sum game. Your gain come from other's losses. FA=> > > Your gain come from business growth,  not from others.   

Thanks, will be back here in 2 years time to check on the price.

Rosesyrup      ( Date: 28-Nov-2013 00:35) Posted: Look beyond current trend and determine the fundamental reason that caused the price movement, that is what I really want to emphasize all along. Nothing else, I don't enjoy rubbing salt in people wound cause I do make losses too. Small retail investor stick to fundamental and be safe. Big sharks chart the graph and so  afford to speculate. Know your weight and play your role. Good example of people who abandoned fundamental and suffered=> Skyone, biggest killer. Up till now still got people believe it will rise again, without knowing how it fall in the first place. From what I see, the original shortist has covered when it rebounced  and run  off  already, this stock is a goner. Got people still attacked me for sprounting rubbish =.= Golden Agri=> Rapid falling profit, CPO price held up by speculating  Haiyan's damages. Yet people expect  the rally to be sustainable.  As rationale  set in, people start to realise that  Indonesia  and Malaysia are the two big players not philippine- Haiyan damage to CPO stock is minimal.  Golden Agri start trending down already. Obvious case of BBs  trying to make use Haiyan as an excuse to push up the price.  Again people here think that I shorted GAR and tried to create fear =.=. Yoma=> From 90cents to 70+cents, still got people think will return to $1....People don't know what they are betting on. Everything and every success  in Myanmar hing on the decision of one person=> the current military president. Today he happy, he open up. Tomorrow he unhappy....etc. I know this is Yongnam forum and I did not post these here to show anything. I just want to emphasize the point FUNDAMENTAL!!! Cos wiseguy don't get it, he still think I talk down his stock. And he seeks 'revenge' on me in other threads =.=. Obviously, I am not perfect, my fundamental style does get me stuck in some counters too=> > e.g. Olam=> I inside 1 year already and I still holding cos I examined MW's report and find its evidence unconvincing. Only matter of time, Olam prove to be clear. IPCO=> Longed 3.3cents, now 2 cents only. Reason for falling is Blumont incident. I still hold cos, fundamental says TP  6cents ++ without Blumont. Nothing much, just hope people follow fundamental or at least consider fundamental in investing. Everyone got own style, but only a few style works. Otherwise everyone become WBuffet already. Wiseguy hope you are wise enough to get my point. Stop pestering me> > > I don't decide your market price, I merely forecast by observing fundamental. DISTURBING ME OR MAKING PERSONAL ATTACK WON" T BOOST YOUR SHARE PRICE!!!   Thanks Rosesyrup      ( Date: 28-Nov-2013 00:08) Posted: No need! You see can already!  You  PM me when it manage to pass 30cents, I come back and post congrat here. I am no longer vested already and not interested. Next time I want to SEE Yongnam, will be in 2 years time not now. I only come back and post cos wiseguy keep disturbing me. Anyway for those who stucked, hold and wait.  As industry leader, high chance  will not  bankrupt. The only problem is with industry restructuring, once it is done  all construction counter will recover.  Main risk lies in whether Yongnam can keep its leadership position under the new game rules. As the restructing process goes on you can expect this counter to keep low. Marina one contract won't help the company to thrive, though it does provide some assurance in profit to stay afloat. One chance for this firm to thrive in next 2-3years=> Remember gov talks about  underground living space?  If Yongnam got that kind of contract theYES 40cents is guranteed. In fact I would buy at 60cents.  But up till now underground living space remain a concept, and it is really expensive to carry out. Thus best strategy for investors=> HOLD AND WAIT. Be patient- real investors have no problem waiting for as long as 5 years.So long as you think the fundamental is right, don't fear just hold. Ignore the trend, ignore the market.

 

Look beyond current trend and determine the fundamental reason that caused the price movement, that is what I really want to emphasize all along. Nothing else, I don't enjoy rubbing salt in people wound cause I do make losses too.

Small retail investor stick to fundamental and be safe.

Big sharks chart the graph and so  afford to speculate.

Know your weight and play your role. Good example of people who abandoned fundamental and suffered=>

1. Skyone, biggest killer. Up till now still got people believe it will rise again, without knowing how it fall in the first place. From what I see, the original shortist has covered when it rebounced  and run  off  already, this stock is a goner. Got people still attacked me for sprounting rubbish =.=
2. Golden Agri=> Rapid falling profit, CPO price held up by speculating  Haiyan's damages. Yet people expect  the rally to be sustainable.  As rationale  set in, people start to realise that  Indonesia  and Malaysia are the two big players not philippine- Haiyan damage to CPO stock is minimal.  Golden Agri start trending down already. Obvious case of BBs  trying to make use Haiyan as an excuse to push up the price.  Again people here think that I shorted GAR and tried to create fear =.=.
3. Yoma=> From 90cents to 70+cents, still got people think will return to $1....People don't know what they are betting on. Everything and every success  in Myanmar hing on the decision of one person=> the current military president. Today he happy, he open up. Tomorrow he unhappy....etc.

I know this is Yongnam forum and I did not post these here to show anything. I just want to emphasize the point FUNDAMENTAL!!! Cos wiseguy don't get it, he still think I talk down his stock. And he seeks 'revenge' on me in other threads =.=. Obviously, I am not perfect, my fundamental style does get me stuck in some counters too=> > e.g.

1. Olam=> I inside 1 year already and I still holding cos I examined MW's report and find its evidence unconvincing. Only matter of time, Olam prove to be clear.
2. IPCO=> Longed 3.3cents, now 2 cents only. Reason for falling is Blumont incident. I still hold cos, fundamental says TP  6cents ++ without Blumont.

Nothing much, just hope people follow fundamental or at least consider fundamental in investing. Everyone got own style, but only a few style works. Otherwise everyone become WBuffet already.

Wiseguy hope you are wise enough to get my point. Stop pestering me> > > I don't decide your market price, I merely forecast by observing fundamental. DISTURBING ME OR MAKING PERSONAL ATTACK WON" T BOOST YOUR SHARE PRICE!!!

 

Thanks

Rosesyrup      ( Date: 28-Nov-2013 00:08) Posted: No need! You see can already!  You  PM me when it manage to pass 30cents, I come back and post congrat here. I am no longer vested already and not interested. Next time I want to SEE Yongnam, will be in 2 years time not now. I only come back and post cos wiseguy keep disturbing me. Anyway for those who stucked, hold and wait.  As industry leader, high chance  will not  bankrupt. The only problem is with industry restructuring, once it is done  all construction counter will recover.  Main risk lies in whether Yongnam can keep its leadership position under the new game rules. As the restructing process goes on you can expect this counter to keep low. Marina one contract won't help the company to thrive, though it does provide some assurance in profit to stay afloat. One chance for this firm to thrive in next 2-3years=> Remember gov talks about  underground living space?  If Yongnam got that kind of contract theYES 40cents is guranteed. In fact I would buy at 60cents.  But up till now underground living space remain a concept, and it is really expensive to carry out. Thus best strategy for investors=> HOLD AND WAIT. Be patient- real investors have no problem waiting for as long as 5 years.So long as you think the fundamental is right, don't fear just hold. Ignore the trend, ignore the market.     upnowhere      ( Date: 27-Nov-2013 23:40) Posted: I don't believe it will reach 20cts. This counter got strong support point this above 23 to 24cts. Dont believe me!!! let wait and see.

 

No need! You see can already!  You  PM me when it manage to pass 30cents, I come back and post congrat here.

I am no longer vested already and not interested. Next time I want to SEE Yongnam, will be in 2 years time not now. I only come back and post cos wiseguy keep disturbing me.

Anyway for those who stucked, hold and wait.  As industry leader, high chance  will not  bankrupt. The only problem is with industry restructuring, once it is done  all construction counter will recover.  Main risk lies in whether Yongnam can keep its leadership position under the new game rules.

As the restructing process goes on you can expect this counter to keep low. Marina one contract won't help the company to thrive, though it does provide some assurance in profit to stay afloat.

One chance for this firm to thrive in next 2-3years=>

Remember gov talks about  underground living space?  If Yongnam got that kind of contract theYES 40cents is guranteed. In fact I would buy at 60cents.  But up till now underground living space remain a concept, and it is really expensive to carry out.

Thus best strategy for investors=> HOLD AND WAIT. Be patient- real investors have no problem waiting for as long as 5 years.So long as you think the fundamental is right, don't fear just hold. Ignore the trend, ignore the market.

 

 

upnowhere      ( Date: 27-Nov-2013 23:40) Posted: I don't believe it will reach 20cts. This counter got strong support point this above 23 to 24cts. Dont believe me!!! let wait and see.

 

I don't believe it will reach 20cts. This counter got strong support point this above 23 to 24cts.

Dont believe me!!! let wait and see.

 

Indeed they " only get lucky" once in a while. But so far they are 100% spot on this and you 0% leh. How ah?

Believe me, 2 days later your " wiseguy" account will go to sleep mode again cos price will either hang here or go down again.

But nevermind, you got 5-6 share junction accounts to play around and keep you entertained.

Don't know your 23cents BE point is true or not. But I strongly and truly believe 23 won't hold. In fact I am now looking at 20cents as support point.

 

wiseguy1269      ( Date: 27-Nov-2013 20:23) Posted: Never for once believe such houses which flip-flop, especially DBS and CIMB.   For all you know, they may have short positions in the counter.

 

guoyanyunyan      ( Date: 27-Nov-2013 16:08) Posted: Yongnam - Maintain Fully Valued with TP:S$0.240, says DBS Vickers Secured $168 million contract for M& S Marine One Yongnam secured $168 million worth of structural steel subcontract works for M& S Marina One project, which is a mixed development at Marina South. This lifts order book to $397 million and is expected to complete in 1Q16. The bulk of the revenue will therefore be recognised in FY14F and FY15F. Although significant, this project win is within expectation for FY14F. We continue to be negative on projects going forward and expect lacklustre growth for FY14F. We believe Yongnam is likely to see slower order book drawdown for FY14F due to a lack of project wins earlier this year as well as declining margins. Hence, no change in our recommendation to maintain Fully Valued.

 

Never for once believe such houses which flip-flop, especially DBS and CIMB.   For all you know, they may have short positions in the counter.

 

Yongnam - Maintain Fully Valued with TP:S$0.240, says DBS Vickers

• Secured $168 million contract for M& S Marine One

Yongnam secured $168 million worth of structural steel subcontract works for M& S Marina One project, which is a mixed development at Marina South. This lifts order book to $397 million and is expected to complete in 1Q16. The bulk of the revenue will therefore be recognised in FY14F and FY15F. Although significant, this project win is within expectation for FY14F.

We continue to be negative on projects going forward and expect lacklustre growth for FY14F. We believe Yongnam is likely to see slower order book drawdown for FY14F due to a lack of project wins earlier this year as well as declining margins. Hence, no change in our recommendation to maintain Fully Valued.

 

 

Bro HugoLee, you chose wisely indeed. 

 

Yes, I did load up when this counter fell as buying opportunity appeared.  I gave Blumont a miss. :-)

Rosesyrup      ( Date: 25-Nov-2013 22:42) Posted: Hugo, catching falling knives? HugoLee      ( Date: 25-Nov-2013 22:25) Posted: Yongnam Holdings said on Monday that it had secured a record $168 million subcontract through its wholly owned subsidiary, Yongnam Engineering & Construction Pte Ltd. Yongnam will fabricate and construct a record of almost 30,000 tonnes of structural steelwork for Marina One, a mixed-use development located at Marina South, Singapore's new Central Business District.   :-)

 

wiseguy1269      ( Date: 26-Nov-2013 09:28) Posted: Our school girl Rosesyrup has put her foot in her mouth, over and over again.   When will she ever learn that just because she got lucky once, she will always get lucky with her wildly incompetent predictions.

 

Our school girl Rosesyrup has put her foot in her mouth, over and over again.  

When will she ever learn that just because she got lucky once, she will always get lucky with her wildly incompetent predictions.  

 

Yongnam clinched a landmark $168m subcontract for works at Marina One mixed-development, awarded by a JV between Hyundai Engineering and Construction and GS Engineering & Construction Corporation. The order to fabricate and construct a record 30,000 tonnes of structural steelwork will lift group's order book to $397m. The contract consists of three packages which includes the conversion of the original reinforced concrete design of the office towers to a composite structural steel design, as well as the application of fire-proofing and supply & installation of a specialist floor damping system. Works for the subcontract is expected to be completed by 1Q16 and expected to have a positive impact to the group's current financial year onwards. The Marina One project is being developed by M+S Pte Ltd, a 60:40 JV between Khazanah Nasional Bhd and Temasek Holdings Pte. Ltd. The iconic project at the upcoming central business district located at Marina South will comprise two 30-storey office blocks, two 34-storey residential blocks and four basement levels. At 0.24, Yongnam trades at a steep 14.0x annualized 3Q13 P/E, compared to industry peer Tiong Seng's 7.8x.

 

Congrats to those who went in yesterday.

Easily make 6.2%. Potential to sell at 0.260 today.

Good call to those vested.

 

Any reasons or just guesses

cheng987      ( Date: 26-Nov-2013 09:14) Posted: Yongnam will chiong last two month high  was 305 cents HUAT !!!

 

Yongnam will chiong last two month high  was 305 cents HUAT !!!