Yongnam   

Yong nam

Now rosesyrup creates clones to support her. Hahahaha so underhanded is it not? Everybody can see thru your pretence.

Next time make sure your rubbishing of Yongnam is supported by facts and not by one off noobie luck.

 

Maybank Kim Eng states their target price of 0.40 for Yongnam today.

"Maintain BUY. We scale back on our TP to account for 1) SGD4.5cent/ share we originally factored in for a 50% chance of winning YIA 2) Using 9x FY14F (one-standard deviation above 5-year average mean PER). Our new TP is now SGD0.40. Trading at 1x P/B and 3x EV/EBITDA, we believe the stock is undervalued and see this development as an opportunity rather than crisis. Maintain BUY."

 

Lol your comments have degraded from making accusation to pure personal attacks. Though quicker than what I would expect from a wiseguy, it appeared to me that you have run of relevant points to debate about Yongnam. Since there is nothing relevant to clarify, I shall not engaged in a " coffee-shop" style of argument with you.

However, if you are interest in that magic stone, do PM me. Price is highly negotiable.

PS: It doesn't take a  wiseguy (literally)  to understand that the discussion among retail investors here, will not affect the market which is dominated by fund manager.

 

 

This is a forum for all . please take the argument out of the page. This is for everybody to view and not your battlefield. Everyone is entitled to an opinion and please do respect each other's opinion. Rosesyrup just stated his point of view whether others want to follow is up to the individuals. We all have a brain to process the information and make an informed decision..

Just saying.

 

Well well well rosesyrup is finally getting rattled. What happened to you last post and then last post and last post again? Only bull shit right?

Stop playing with words. we know what you actually wrote, and its posted here for posterity. hahaha, you want to hope for 24.5cts again, wait long long.

You should stop opening your mouth to confirm what the rest of us here have suspected all along.

Just because you got it right one time is pure beginners luck.

Don't let it go to your head, Ms Quack Quack

 

Haiz, once again you opened your mouth and removed all doubt.

1)First of all, I did not claimed that 24.5 cents or 22 cents will definitely be breached. You need a pair of glasses to help you with the reading? Anyway go back to read again what I have written for these two prices- read carefully this time round. I got tired of reiterating. 

2) Secondly, never ever had I demanded any trust from anyone using this forum. In fact I urge every single soul here to do their own assessment. Seriously, are you that gullible to believe there is credibility behind such free account? How about this, I sell you a magic stone that is expected to generate a 50% return per annual? LOL.

wiseguy1269      ( Date: 14-Aug-2013 16:13) Posted: And rest assured, my provocations will keep coming.   Your once off winning streak has really gone to your head, you silly quack.

 

And rest assured, my provocations will keep coming.   Your once off winning streak has really gone to your head, you silly quack.

 

Your last post eh?  

" Since I have divested all my interest in this counter and currently hold no position, this shall be my final post- before those who longed the counters start to hate me. My final advice to those who emailed me: (Assuming no significant change in company fundamental)"  

You can't even keep to your own words, how to expect folks to believe you?   You have zero credibility, period.

I am not going to spoon feed you, go do your homework on Yongnam.   So where is your 24.5cts now?   Where is your 22cts?   Really pian geena is all you can do.   Go play with your dolls and other masak masak you silly quack.

Rosesyrup      ( Date: 12-Aug-2013 12:30) Posted: @ Wiseguy, Genius, Professional, The next Warren B.......whatever you want to be known as. I don't know what gave you the confidence that 24.5cents is a zero possibility but I admire that courage as I have yet to seen any analyst making such bold claim. (but then again, I might be just a beginner). Anyway, I did not claim that Yongnam will definitely reach 24.5cents, I merely warned that entry above this point is risky due to a need for buffer range- something I have learn from Warren B, and I am not sure whether he is a beginner to you too. Also, all of us are well aware that Yongnam is diversified (mostly in Asia), and I did warned in previous posts that funds are flowing out of Asia leading to expensive funds and less affordable projects. I shall not spoon feed you on how to reach the previous posts, you can try it out with the mouse buttons. BTW expert, just like to let you know that huge warrants overhang is not the only factor that can keep a price down. Times do change and new factors do emerge. Sometimes it is better to be just cautious beginner than to be a bragging expert. Since I have divested all my interest in this counter and currently hold no position, this shall be my final post- before those who longed the counters start to hate me. My final advice to those who emailed me: (Assuming no significant change in company fundamental) 1) Any price above 27.5 cents present an opportunity to exit.  2) Whether 24.5 cents present an attractive opportunity, you got to do your own assessment. But my own definition of attractive: 22 cents. 3) Shorting is discouraged as the counter remain highly volatile.  Goodbye and good luck to everyone regardless of the position you hold.   wiseguy1269      ( Date: 12-Aug-2013 07:30) Posted: You guys are newbies or what? Yongnam's current price already overfactored a no win scenario. Why did you think the price fell from 35cts all the way down to 29cts in the first place? To hope for 24.5cts is just unrealistic thinking. Remember, the reason why Yongnam's price was at 24.5cts was due to the huge warrants overhang which expired in mid dec 2012. I agree that without the myanmar contract, Yongnam is well placed to look for better opportunities with less risk, just like Singtel.

 

Read the previous posts, " genius" ! Which sentences gave you the idea that I ever shorted Yongnam? In fact, I advised against it due to its high volatility. You just opened your mouth and removed all doubt. TSK TSK TSK. Seems like financial knowledge is not the only thing you fall short of- zero analytical skill.

Do your homework and you can rein in that " luck" component, remember this is not casino. Opps, look what am I expecting from you? Homework? You simply copy and paste an old report (claiming a TP of 41cents) from DBS to support your bullish argument. And 4 days later, the same DBS issued a new report calling for a TP of only 28 cents. Typical example of merely following what other said. 

If you want to know how much homework I did for Yongnam, just keep your provocations coming.

1) NAV of 26.2cents is nothing! You can't just barge into Yongnam's office and start grabbing tables & chairs to justify your 26.2cents per share worth of investment. Thus it is more appropriate to value Yongnam using Future Value, which is the benefit that you can get from the investment.

2)   As I have previously mentioned, the construction industry is going to undergo a shake out phase, which is expect to begin in Sept 2013 and last till 2020. During this period of time, Yongnam might take losses which would hurt its NAV.

3) Agree that Yongnam has strong fundamental now. However the status quo is hardly relevant as rules of game in the industry is about to change significantly. In order to survive, Yongnam needs flexibility not strong fundamental. 




Cheers. 

 

Noobies will say anything to get away with murder.

Just because you got lucky once with shorting Yongnam doesn't mean anything.

And I thought your precious post before the last was your last post?

Tsk tsk

 

Alright " smarty" , knew you need (or rather use) no theory in your decision. Whether 26.5cents is the lowest depend on valuation not mere guts feeling or brave words.

I just had enough of these " Battle Of Words" , just continuing your  longing and time will tell the " smart" from dumb. Empty words are worth nothing more than used tissue papers.

 

wiseguy1269      ( Date: 13-Aug-2013 07:27) Posted: Rosesyrup, from your responses one can surmise that you are a total noob. Lots of theories but no field experience. You still studying or just graduated? Yongnam already sold down from its highs of 38.5cts to 29cts as its intel already knew Myanmar airport tender " no win", although even at 32cts+ the counter had not factored in a win. Current price at 26.5cts is a real steal and this counter has been grossly oversold, depressed by BB shorties. The continuous selldown over the past 3 weeks means now already no more meat to short and these BBs will reverse direction to kill these shorties instead. One wise saying to rosésyrup to take note. "It is better to shut your mouth and be thought a fool, rather than open it and remove all doubt." Cheers!

 

considering the downside risk vs the upside.. no brainer if they want to short down at this price, they will get kill for sure.. agreed with dear member wiseguy1269 !

 

Rosesyrup, from your responses one can surmise that you are a total noob.

Lots of theories but no field experience. You still studying or just graduated?

Yongnam already sold down from its highs of 38.5cts to 29cts as its intel already knew Myanmar airport tender " no win", although even at 32cts+ the counter had not factored in a win.

Current price at 26.5cts is a real steal and this counter has been grossly oversold, depressed by BB shorties. The continuous selldown over the past 3 weeks means now already no more meat to short and these BBs will reverse direction to kill these shorties instead.

One wise saying to rosésyrup to take note.

"It is better to shut your mouth and be thought a fool, rather than open it and remove all doubt."

Cheers!

 

Yeah its a good stock but  has been oversold recently. A rebound may come anytime?? Cheers! :D

 

NAV is 0.262..... still a good stock.....

 

@ Wiseguy, Genius, Professional, The next Warren B.......whatever you want to be known as. I don't know what gave you the confidence that 24.5cents is a zero possibility but I admire that courage as I have yet to seen any analyst making such bold claim. (but then again, I might be just a beginner).

Anyway, I did not claim that Yongnam will definitely reach 24.5cents, I merely warned that entry above this point is risky due to a need for buffer range- something I have learn from Warren B, and I am not sure whether he is a beginner to you too. Also, all of us are well aware that Yongnam is diversified (mostly in Asia), and I did warned in previous posts that funds are flowing out of Asia leading to expensive funds and less affordable projects. I shall not spoon feed you on how to reach the previous posts, you can try it out with the mouse buttons.

BTW expert, just like to let you know that huge warrants overhang is not the only factor that can keep a price down. Times do change and new factors do emerge. Sometimes it is better to be just cautious beginner than to be a bragging expert.

Since I have divested all my interest in this counter and currently hold no position, this shall be my final post- before those who longed the counters start to hate me. My final advice to those who emailed me: (Assuming no significant change in company fundamental)

1) Any price above 27.5 cents present an opportunity to exit. 

2) Whether 24.5 cents present an attractive opportunity, you got to do your own assessment. But my own definition of attractive: 22 cents.

3) Shorting is discouraged as the counter remain highly volatile. 


Goodbye and good luck to everyone regardless of the position you hold.

 

wiseguy1269      ( Date: 12-Aug-2013 07:30) Posted: You guys are newbies or what? Yongnam's current price already overfactored a no win scenario. Why did you think the price fell from 35cts all the way down to 29cts in the first place? To hope for 24.5cts is just unrealistic thinking. Remember, the reason why Yongnam's price was at 24.5cts was due to the huge warrants overhang which expired in mid dec 2012. I agree that without the myanmar contract, Yongnam is well placed to look for better opportunities with less risk, just like Singtel.

 

I think it might be a blessing for Yongnam as Myanmar's may not be a easy place to do biz. I will buy more if dip below $0.26.  Yongnam fundamental is still strong.

 

Ya, today price will tell whether who is correct ?....maybe Singapore company no give under-table that is why no projects ? just I think only....

 

Alas  awarded to the best contender..Incheon

yongnam still a good fundamental stock.. looking at how low it goes before entering..

gd luck dyodd

ozone2002      ( Date: 16-Jul-2013 13:42) Posted: there's still competition  from Incheon airport that pipped Changi airport to the title of best airport..

 

Price action will tell today ( or these few days)