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381-400 of 2451
Yongnam W121214 warrant ,
issue size : 365 million ( about 28.9% of shares issued )
conversion 1:1
Expiry 2014 Dec 12 is still far away
to have any concern pertaining to share price dilution effect.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_485F12E93F4C32C548257A5200264A51/$file/YHL-2QFS-30_Jun_2012.pdf?openelement
1(d)(iii)& (iv) SHARE CAPITAL
As at 30 June 2012, the total number of issued shares was 1,261,639,502 (31 December 2011: 1,253,776,502).
For the period from 1 April 2012 to 30 June 2012, 3,896,000 shares were issued pursuant to the exercise of 3,450,000 employee share options and 446,000 warrants.
The issued share options is only about 0.31% of the total issued shares.
MRT projects tender process starts in Oct 2012 , YongNam has good opportunities
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Stock | Date | Research house | Recent price | Target price | Call |
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| Yongnam | 4 Sept | Credit Suisse | $0.24 | $0.40 | Outperform
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Maybe, and maybe i will,,
100 hold at 0.235
100 wait at 0.230
200+ support at 0.225 or 0.220 depend how siao the market. Downside low, upside i don't know too, just bets..
If market don't anyhow crash, hold some and wait till next year i think is still safe. Many projects on the way from local govt and others...
So why i buy this stone stock? I think u all know la, don't had to highlight more. Anyway, i got money to burn. If u can't hold, pls don't buy and complain :)warrenbegger ( Date: 03-Sep-2012 20:16) Posted:
YongNam can bet a bit but don't bet too much,
500 to 1000 lots can liao. Anyone play YongNam too? |
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need some time b4 this time will move.
Hope it can get the job for the thomson MRT line also.
sori mistaken wif all the yo yos (sign of aging 
)...its yoma 1st rite of refusal i watched on bloomberg earlier http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_62A9D2CC7802AFC948257A6E00532674/$file/ReceiptOfNoticeOfFirstRightOfRefusal.pdf?openelement  x 0
 x 0 | I don't think they got any Myanmar contracts yet, the last one was for Malaysia... but I believe they would be eyeing the Myanmar pie too and if they can get a good contract, Yongnam would most prob fly to to test its 30cents resistance... |
x 0
x 0 | they got new contracts in Myanmar but dun seems to move... |
I don't think they got any Myanmar contracts yet, the last one was for Malaysia... but I believe they would be eyeing the Myanmar pie too and if they can get a good contract, Yongnam would most prob fly to to test its 30cents resistance...
they got new contracts in Myanmar but dun seems to move...
Yongnam, this few days may move up. when move up to your break even price can consider sell. dun think will have much upward movement for this stock
u got play yn b4?
1000 lots!!! yn seldom exit 1000 lots wow u one person play whole market huh or u just joking
warrenbegger ( Date: 03-Sep-2012 20:16) Posted:
YongNam can bet a bit but don't bet too much,
500 to 1000 lots can liao. Anyone play YongNam too? |
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few yrs back i used to spec on yn from broker info.
this counter easily got info one dont noe y. once info came i will check the price/vol, if still quiet then i go in little bit n mostly can profit. if price/vol started to move away from norm i will stay sideline.
quite fun.
YongNam can bet a bit but don't bet too much,
500 to 1000 lots can liao. Anyone play YongNam too?
I am vested in Yongnam but am down at the moment. The price moves really slowly. I think for longer term holder, 23-24 cents is plausible point for entry as being a general steel works supplier, they'll get business as long there are structures to be built in Singapore and around the region...
Is Yongnam safe to enter at this level of 23 cents?
The Thomson MRT Line is coming -- lots of work and money for Yongnam and others like OKP too
Thanks for the latest analysis although there is nothing new.
I agree that there would be more interest in this stock come the end of 2012 as the 364m warrant holders are sitting on their losses. I am ready to jump ship once the shares hit 28 cents.
