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To have it close 1 dollar is a long shot... To have it close .86 would already be a possibility
Yoma rebound again. Fishy sia. Hope today close $1
Hmm then I guess I should offload everything.. Since action mostly over?? Is there a resistance bottom line at current level?
No surprises in 3QFY13 earnings
Yoma Strategic Holdings (Yoma) reported 3QFY13 PATMI of S$3.7m,
increasing by S$2.3m YoY mostly due to higher sales of residences
and land development rights. This brings 9MFY13 PATMI to S$1.9m,
which is mostly in line with our expectations but below consensus
estimates. Topline for the quarter came in at S$13.0m, up 32.1%
YoY, again driven by stronger property sales. Yoma reports that
residential sales during the quarter increased by more than three
times YoY, and is mainly attributable to multiple projects in Pun Hlaing
Golf Estate (Ivory Court Residences II, Bamboo Grove Garden Villa,
Lakeview Apartments) and also apartments in Star City.
Myanmar outlook stays firm
The macro outlook in Myanmar continues to be positive. Last Sunday,
the World Bank announced a deal that would allow Myanmar to clear
its outstanding debt to the World Bank and the Asian Development
Bank, totaling about US$900m, which would allow new lending for the
infrastructure growth, including electricity and ports. We also look
forward to Yoma’s anticipated general meeting to approve the
acquisition of the central Yangon site the proposed 1-for-4 rights
issue at S$0.38 per share is conditional on this approval.
Most positives priced in – downgrade to SELL
Over the period in 2012 when we initiated coverage and maintained a
buy rating on the company, the share price had appreciated a
whopping 47% in five weeks. However, at current price levels, while
we acknowledge that the company holds meaningful franchise value
as a leading developer in Myanmar, we see most positives to be
already priced in, even under our most optimistic assumptions. We
downgrade our rating on the company to a SELL based on a 12-
month fair value estimate of S$0.71 (20% premium to RNAV), but
caution that the anticipated 1-for-4 rights issue ahead would likely be
supportive of the share price over the nearer term. Note that our fair
value estimate is a considerable 35% above the S$0.525 per share
paid by major investors who bought into the 192.9m-share private
placement just two months ago. (OIR)
BBs trying to squeeze small fish out so that they can re-enter??
it's free falling...waiting waiting
how to upload photo ar? :p the function seems to be spoiled.
no idea! But i am lucky!. 
glassone ( Date: 04-Feb-2013 10:31) Posted:
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interra resand yoma is contibute action...............next
Who did u sold to?
tkc_drew ( Date: 04-Feb-2013 10:06) Posted:
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Someone keep eating 0.855. Now wait for bb to push up.
i sold at 0.855 :)
I think it should head up to close the last high abt 92 and after cny it will slide down again.... sentiment on ground is robust for any correction. And such counter does have the abilities to Buck mkt anaylse... as those analysis is base solely on researcher perception and presumption. Good luck!!
this one will suffer some correction after running faster than most in recent month.
it is normal. I will scope if it hit below 70 cent. the Myanmar story still in the making. more news flow for next two years. by 2015 u will read that Myanmar gdp has grown 100% since market refor.
by then it will be too late to invest. first movers always hv advantage as long as they capitalized on the momentum.
it is normal. I will scope if it hit below 70 cent. the Myanmar story still in the making. more news flow for next two years. by 2015 u will read that Myanmar gdp has grown 100% since market refor.
by then it will be too late to invest. first movers always hv advantage as long as they capitalized on the momentum.
Hot money start flow out from hong kOng after Japan printing yen action,,Asia currency weakness is a monsternightmads of stock market,my ah moh tell me allot smart fund flow out hk market all second and third liner counter contribute action by bb heavyly,,,, bukit timah hill is my safe heaven,,,,hope retail investor play carefully. This month
wah.. so many downgrade recently.. BB cannot collect enuff??
Dow 14000.. how to go down? Maybe like GEO kenna restricted then maybe lo
Yoma Strategic: HOLD (downgrade) -
Rest for the next hike -
Price Target: S$ 0.80 (Prev S$ 0.79) / S$0.72 post rights issue - DBSV
Rest for the next hike -
Price Target: S$ 0.80 (Prev S$ 0.79) / S$0.72 post rights issue - DBSV
3Q13 results for Yoma Strategic fell short despite all rounded
growth. The take up for property sale is healthy, and prices are
higher. Our analyst has cut FY13F-15F EPS by 47-59%
primarily to reflect slower construction. TP is adjusted
marginally to S$0.80 (Prev S$ 0.79), downgrade to HOLD on
limited upside.
DBS Vickers Securities
growth. The take up for property sale is healthy, and prices are
higher. Our analyst has cut FY13F-15F EPS by 47-59%
primarily to reflect slower construction. TP is adjusted
marginally to S$0.80 (Prev S$ 0.79), downgrade to HOLD on
limited upside.
DBS Vickers Securities
Dun think bank down grading will dampen the sentiment of this counter in near term unless got major event or happening.....it does looks like it will break $.95 over the past few days...many counter also being down graded but price hike instead...bank down grade is a chance for BB to buy in....
I bought at 0.895. cross my finger that it will not crush on Monday.