Post Reply
321-340 of 2451
The warrant has expired right? How come it's not moving?
dantechai,
read this
http://www.sharejunction.com/sharejunction/listMessage.htm?directAccessMessageID=545059#MID545059
Hi HugoLee,
Care to share why do you say that the big knife will be removed over YN's head? I'm still a newbie in trading. Pardon me for asking too much question.
Thank You,
Chai
Two more days to expiry of warrants (340 million). This is going to be exciting as the big knife will be removed over YN head.
suddenly like all disappear~~
Penny stocks are always dangerously volatile..
in near future? i dun tink so....
hohohowk ( Date: 09-Nov-2012 17:38) Posted:
| Any chances for it to go back to 0.5cents to glorify it days? |
|
Any chances for it to go back to 0.5cents to glorify it days?
i remembered the blogs etc were somehow a while liiao... but nothing was set to grown leh.... everyday updown the same after 2 days...
http://sgx.i3investor.com/servlets/ptg/y02.jsp
| Last Price |
Avg Target Price |
Upside/Downside |
Price Call |
| 0.235 |
0.29 |
 +0.055 (23.40%) |
|
| * Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months. |
| ** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable). |
| Date |
Open Price |
Target Price |
Upside/Downside |
Price Call |
Source |
News |
| 07/08/2012 |
0.23 |
0.24 |
+0.01 (4.35%) |
HOLD |
DBS Vickers |
|
| 07/08/2012 |
0.23 |
0.33 |
+0.10 (43.48%) |
BUY |
CIMB |
|
| 11/05/2012 |
0.245 |
0.33 |
+0.085 (34.69%) |
BUY |
CIMB |
|
http://www.propertyguru.com.sg/property-management-news/2012/7/33607/yongnam-signs-s-63-8m-worth-of-deals-in-s-pore-hk
Jul 13, 2012 - CommercialGuru.com.sg
by
Cheryl TayYongnam Holdings has secured three deals valued at S$63.8 million, comprising one specialist civil engineering contract in
Hong Kong and two structural steelworks contracts in Singapore.
The Singapore-based sub-contract packages are for the fabrication, supply, surface-treating, erection and delivery of structural steelworks.
For the first project in Singapore, Yongnam will support Takenaka Corporation in constructing a new 40-storey commercial development on Market Street (
pictured).
The development will feature a vertical garden concept and Yongnam will install beams and precast columns, as well as provide 7,600 tonnes of structural steel. The project is set to be completed in 2013.
The second development, which is expected to be completed by 2014, will be a revamp of a shopping mall in the
Marina Bay area.
With Samsung C& T Corporation as the main contractor, Yongnam will provide 3,450 tonnes of structural steel for the construction.
“We are honoured to be involved in the construction of the prestigious Market Street commercial development, as well as contributing to the enhancement and revival of a major shopping mall at Marina Bay, which is expected to bring a sense of renewal and add vigour to the local retail, dining and entertainment scene in Singapore,” said Seow Soon Yong, CEO of Yongman.
For the third deal, Yongnam will undertake the design, supply, erection and the removal of walers and struts between the diaphragm walls at East Ventilation Building and Cut-& -Cover Tunnel for the Hong Kong Express. The development is expected to be completed by mid-2016.
All three contracts are expected to boost the financial performance of Yongnam for the year ending 31 December 2012.
http://sbr.com.sg/building-engineering/more-news/yongnam-holdings-sitting-pretty-healthy-contract-pipeline
BUILDING & ENGINEERING | Staff Reporter, Singapore
Published: 27 Sep 12
116 views
Yongnam Holdings sitting pretty with healthy contract pipeline
" Unbeatable" record of winning public MRT, expressway contracts to continue, predicts Maybank.
Currently, Yongnam Holdings has the strongest orderbook potential and has benefited from what has so far been a resilient public sector, helping it perform with more attractive margins than its peers.
Here's more from Maybank Kim Eng:
Caught the right break. As a structural steelwork specialist, Yongnam Holdings was a key beneficiary of the buildup of Marina Bay area between 2007 and 2011, with a surge in net earnings CAGR of 21.8%. Regionally, Yongnam has received kudos and won contracts. To date, it has commanded strong earnings growth, coupled with improving margins. Despite recording less earnings contribution without higher margin private sector projects in 1H12, Yongnam still commands the largest orderbook amidst its peers and is set to further benefit from the healthy pipeline of public contracts coming up.
Major player in infrastructure industry. Yongnam is a structural steel contractor and specialist civil engineering solutions provider. It owns two steel fabrication facilities in Singapore and Malaysia with a capacity of 78,000 tonnes p.a.. It has an unbeatable track record of winning contracts in all MRT and expressway projects in Singapore. YTD, Yongnam has won SGD137m worth of contracts, with a net order book of SGD496m, up 7.4% since end-2011, of which about 34% is expected to complete this year.
Margin contraction to be expected. Going forward, margins are expected to normalize without contribution from iconic projects such as Marina Bay Sands. Compare to peers, Yongnam still commands more attractive gross and net margins of 26.3% and 15.5% as of 2Q12 as it deals with the downstream processing, compare to steel traders and suppliers. (Gross: 16.3% and net: 8.7%).
Warrants expiring in December. Yongnam’s share price has lagged the sector due to 3-for-10 warrants issued at SGD0.03 in 2007. It has an outstanding balance of 364.3m warrants which will expire on 14 Dec 2012, with a conversion price of SGD0.25. Full conversion of the warrants will result in a 29% dilution to EPS.
Good times do last. With a solid track record on infrastructural projects, Yongnam will continue to thrive in the resilient public sector.
bought this at 30cts in 2010 and still sitting on paper loss
I do think this counter has great potential, sitting on MRT belt according CIMB.
Can u share with us why do u think it will have greater movements in NOV & DEC? and why do u this conter should cheong above 33c... thank you.
smallcap_king ( Date: 28-Oct-2012 21:42) Posted:
thats right. i foresee there will be greater movements in nov and dec. may be wise to accumulate now before it cheong....
CIMB has a target price of 33 cents for Yongnam Holdings but i personally feel its way too low......average target price: 40 cents
hopefully yongnam us adr works favourably for the company. Target date for the start of trading is November2012.
Yongnam Holdings Limited RBMG eRoadshow October 2, 2012
http://www.youtube.com/watch?v=1m7N4Y2Ws3c
|
|
thats right. i foresee there will be greater movements in nov and dec. may be wise to accumulate now before it cheong....
CIMB has a
target price of 33 cents for
Yongnam Holdings but i personally feel its way too low......
average target price: 40 cents
hopefully yongnam us adr works favourably for the company. Target date for the start of trading is November2012.
Yongnam Holdings Limited RBMG eRoadshow October 2, 2012
http://www.youtube.com/watch?v=1m7N4Y2Ws3c
Direction will be clearer when it nearer to expire of warrant date.
smallcap_king ( Date: 28-Oct-2012 11:09) Posted:
best local construction stock ! set to surge before and after the expiry of its warrants |
|
best local construction stock ! set to surge before and after the expiry of its warrants
http://www.yongnam.com.sg/investor.html
Historical EPS ($) a
0.05023 |
NAV ($) b
0.2403 |
Historical PE
4.878 |
Price / NAV b
1.020 |
Dividend ($) d
0.009938 |
52 Weeks High
0.265 |
Dividend Yield (%) d
4.056 |
52 Weeks Low
0.220 |
Par Value ($)
n.a. |
Market Cap (M)
309.102 |
Issued & Paid-up Shares c
1,261,640,000 |
IPO Information
Listing Date
Oct 11, 1999 |
Subscription Rate
77.21 |
IPO Price
0.360 |
Current vs IPO Price (%)
-31.94 |
First Day Close
0.455 |
First Day Gain (%)
26.4 |
First Week Close
0.400 |
First Week Gain (%)
11.1 |
