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wa being pressed down on close...
If it does cross over 60 cents tom, then my forecast was correct on my previous posts.
Rally looks like still got legs. May well cross 0.60 again. Maybe tomorrow.
Bozoooo ( Date: 26-Apr-2012 15:16) Posted:
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Let's see whether it will hit 60 cents
uptrend still intact...
Here comes the sun...... Second push for the day may see 0.59.
GuavaXF30 ( Date: 26-Apr-2012 12:56) Posted:
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Long term: $1.63 is not only in the Star city project, but also the influx of the investors flocking into the country. Singapore's firms are steady, and safe in a rocky climate. YOMA has been around to know the grounds, further expansion in other projects is probably in the pipelines of the CEO's mind. Property prices will rocket. I'm not so worried about inflation, it will come, but probably not like Vietnam. Country leaders probaly will learn from Vietnam's experiences.
If Apple lesson can be folllowed, price raised spectacularly to above 600 and than retreated 10% for a few days before resuming climb back up 7% in one day.
Of course, we are talking about two very different stories here.
But still, for Yoma, and other Myanmar theme counters, retracement these few days' price retracement is normal as people take profit and wait and watch.
Yesterday was first day the counter ended up flat. Which may suggest people who wanted to clear positions have already done so. Now to come back up 70% of where it started falling from can be expected. So, it started falling from 0.63 or 0.64 down to 0.505. I expect this to recover to around 0.59-0.60.
Disclaimer, I am vested as I like their property business. I wish my great-grandfather has bought some orchard farms in the 1890's. I may have ended up owning Ngee Ann City today... ha ha.
Bozoooo ( Date: 26-Apr-2012 12:30) Posted:
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Thanks for info.
May i know based on what you calculate Long term TP $1.53. Is it based on StarCity Project ?
As what I mentioned, its time to ride on YOMA again. YOMA although speculative will be considered a viable company for expansion as the entry into it was early. Potential high. Near term: 63 cents. Long: $1.53
Do as you wish with your own $$, but I'll stay out as Yoma to me is a very speculative stock like Artivision. Prices can swing up or down for now specific reason or by manipulation by BBs. Good luck if vested, but BOSAYOR and DYODD!
fonz84 ( Date: 26-Apr-2012 10:43) Posted:
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i think you can buy in yoma today also. ride in for the sanction suspension and the UN visit over weekend
I think can Buy Yoma today.
Entry: $0.550 to $0.560
Stop-Loss: $0.510
More on my Blog at Alex Trades.
Good luck.
from my broker
JEL Corporation Holdings Ltd (J16) and Yoma Strategic Holdings Ltd (Z59) are restricted from trading online. Kindly call your Dealer for order submission.
GAME OVER
YOMA shares will be hot. UN special envoy has heap loads of praise, UN head visiting over the weekend. The Parlialment is also going to raise the possibility of re-wording the oath. All seems very good. I reckon it will raise 7 cents to 60 cents by Friday. US also getting in the act, US officials giving testimony on the elections and possibily recommend sanctions to be removed. All on board I say for YOMA!!!!
let bosses becoming rich, richer and richest as always. Let us all retail players chip in to help realise it early.
Oni those who are over come by greed may stand to loss all.
Habit die hard.
timebomb2012 ( Date: 24-Apr-2012 15:32) Posted:
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http://sgxreports.blogspot.com/2012/04/yoma-strategic-holdings.html
Increasing real estate exposure. There are encouraging signs that Yoma is actively building up its exposure to Myanmar’s real estate sector through the Star City project, which will give the co a development pipeline for the next 6-8 years.
The decision to keep its retail mall holdings in Dalian, China, prevents Yoma from billing itself as a pure Myanmar play, and this may prove to be an unnecessary distraction.
The mall suffered losses, S$800,000 for Apr-Sept 2011 period and more losses are anticipated in near future.
Happi trading.
Assuming it stay, let say @0.500 cents. (right issued: 4 for 5 @0.240) = $960 + $2,500 = $3466/9, after issue average is $384.45 cents per thousand share.
http://www.yomastrategic.com/pdf/press/YomaPressRelease13Feb.pdf
Acquisition of 70% economic interest in Star City.
S$91 million to be financed by a 4 for 5 rights issue at a price of 24 Singapore cents per rights share.
If oni??. Let hope it stay that way for the rest, if not better....Happi Trading. (Bad habit die hard)
| Yoma | CPF | Op-0.545 | Cls-0.530 | -0.015cts | -2.8% | Vol-15,804,000 |