Yongnam   

Yong nam

Thks ! I will certainly hold to it before sell at around 0.06 and above. By the way, just now check my records, I bought a total of 400 lots averaging at 0.0375. Hope to get profit after parking there for nearly 2 years plus ! (If not lost in interest) !

 

Hi knightrider,



After playing dead for 2 years, it's finally moving. I think it's a laggard play with potential for a fast move up. May go up a few cents. Hold on to it.

 

When i vested in it in early sept... a little bird told me abt it having a high chance of getting something from IR. The same goes for BBR. :)

 

Most likely, they are getting some projects announcement for IR or otherwise, if not I think this is a stagnant share especially they still have a lot of interest to pay the bank ! But the interest is normal especially for any construction firm, because they need $M to flow.



What I check is the company's key person is buying in quite a lot lately !

 

I hold this counter since 2004 at 0.035, today it seems moving up trend ! Any idea what is the news or did they win the law suite with UOB or what ? Should let go on 0.04 or not ?

 

This counter would probably be more suitable for FA practitioners with the patience to wait it out.

TA people would not be interested because it traps investing funds that could be used to profit in more active counters.

 

Looking at buying a lot at a cheap cheap price & then unload when it starts to move.

Patience........

 

In view of the IRs, the outlook is promising. This is due to its strong steel fabrication in construction work.



But you can vomit blood. You must be very, very patient with this stock. This stock is quite dead. It can go for 1-2 years basically unchanged, with little price movement.

 

Have anyone seen it's recent company report ? (think dated in Aug 06)

 

You're right... the volume for this one is really low....

ZZzzzz.....  :)

 

Hi..anyone see the potential in this counter ? Esp from the FA pt of view. Not much TA to speak of as it is v v quiet. The recent report has been quite good, good potential for growth esp with the IR porjects coming (can be obtained from SGX website)