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1961-1980 of 2451
quote
[some ongoing position squaring and the opportunistic environment should be short lived]
unquote
the short lived opportunity was at 32.5 cts and 33 cts as
this stock moves towards 41 to 45 cts
Yes ! Bullish engulfing candle.
some ongoing position squaring and the opportunistic environment should be short lived
Well done, YONGNAM, today 21.2.2007, saw more than 61 millons shares traded, reaching a high of 0.335, with a high vol of more than 5 millions traded at 0.33 during the closing minutes of the trading day. Cheers to YONGNAM, up, up and away.
The SKY is the limit!!!!!!! Cheers!!!!!
apart from the changing fundamentals, the charts indicate a compelling buy, with a bullish engulfing candle sandwiching a ........etc etc etc
resistance at 0.325...should clear and head for 0.34 by tomorrow, a day earlier than expected...retreat to 0.30 n below is golden opportnuity for entry
Yongnam Holdings Ltd shares rose to their highest level in a year with the stock seen as proxy to the ongoing construction boom in Singapore, dealers said.
Last week, CIMB-GK Research initiated coverage of Yongnam with a "buy" rating and a target price of 0.41 sgd per share, saying the company is well positioned to benefit from the upturn in the construction industry.
Construction activity is booming here amid rising demand for high-end residential property and investments in new shopping malls and two casino resorts.
CIMB-GK expects Yongnam's net profit to have risen to 5.1 mln sgd last year from 600,000 sgd in 2005, and to improve further to 17.8 mln this year and to 25.7 mln in 2008.
Yongnam was up 0.025 sgd or 8.20 pct at 0.33 with 46.9 mln shares changing hands.
Last week, CIMB-GK Research initiated coverage of Yongnam with a "buy" rating and a target price of 0.41 sgd per share, saying the company is well positioned to benefit from the upturn in the construction industry.
Construction activity is booming here amid rising demand for high-end residential property and investments in new shopping malls and two casino resorts.
CIMB-GK expects Yongnam's net profit to have risen to 5.1 mln sgd last year from 600,000 sgd in 2005, and to improve further to 17.8 mln this year and to 25.7 mln in 2008.
Yongnam was up 0.025 sgd or 8.20 pct at 0.33 with 46.9 mln shares changing hands.
the rise is not without reason and the nimble footed may seize upon opportunities, as traders square positions, to consider a possible move on the buy side
there is actually a fundamental shift in the growth dynamics of the stock and the well informed and savvy will continue to position themselves as the construction sector powers ahead at full steam in view of the external macro and internal conditions
22,561,000 done at 0.32 married deal . . . got potential ? experts care to enlightened ?
making hay whilst the sun shines .... kopz kopz kopz :)
yeah...strong support at 0.315 now...move move baby
Coming...strong buying support at 0.305. Beginning to cheong once more. 0.34 by this fri intact
Will BBR be the next Yongnam ?
JF Asset Management raised its stake in Yongnam from 5.16% to 8.79%.Yongnam from 5.16% to 8.79%.
if u are going for medium term, the warrant look attractive tooand cheaper, and expire oly in 2009...
If it does not rise after you have entered at a technically determined point, you can get out. If it rises, you can determine a comfortable profit margin and take it. In reality, no one likes to be a 'long-term investor' if given the choice... :)
is this a good time to be vested?? for long term (1 yrs or more) or short??
This one may go to the sky...
Broke out of upper bollinger band.... looks bullish.
But this is a penny stock and TA may not be accurate.
But this is a penny stock and TA may not be accurate.
| Yongnam Hldgs | 13-Feb-2007 | JF Asset Mgt(S'pore) Ltd | Deemed Interest | Buy | 37871 |