Post Reply
521-540 of 2451
At least sifu is humble, you grab small-small...
But many not satisfied with small-small gain...
They always want to wait for big-big gain
(ie. rob the market big-big)..
Then usually they end up lose big big... lol...
warrenbegger ( Date: 10-Aug-2011 11:05) Posted:
|
I morning jump in 300 lots at 0.240, jump out at 0.245. Earn half cent only, lol!
Singapore GDP down + worlds economic future so cloudy make hit and run a much better strategy.
I feel like a robber in this days, so bad.
Sorry :)
If YongNam does not penetrate .245 today or tomorrow,
it can drop again... .245 is the chart resistance point...
Sgshares ( Date: 10-Aug-2011 10:00) Posted:
|
Not defensive as what you claim
Isolator ( Date: 02-Aug-2011 17:44) Posted:
|
What does it mean when it indicated " X" under buy/sell for this 2.6m shares transacted?
New123 ( Date: 10-Aug-2011 09:12) Posted:
|
Someone just scope up 2.6m shares at 24.8 cents...
how deceiving the 2/8/11 talk.
Sorry for the wrong intepretation.... Anyway, Have a nice holiday... Gd night...
iwonder ( Date: 08-Aug-2011 22:58) Posted:
|
I am echoing the same sentiments as you.....don't get me wrong...I agree with u
Isolator ( Date: 08-Aug-2011 22:25) Posted:
|
You do not understand what I post?? I was saying not to buy....
iwonder ( Date: 08-Aug-2011 22:12) Posted:
|
In current market conditions, all good news will be muted.
There is no such thing as good stock......all will drop........let the dust settle before entering again.
Isolator ( Date: 08-Aug-2011 17:40) Posted:
|
Sure. for those who can hold.... Those not yet, dont enter now... Wait for the smoke to pass first
From CIMB 8 Aug
• In line maintain Outperform. Target $0.40. 2Q11 net profit of S$15m (+13% yoy) meets our estimate and consensus, at 25% of our FY11 estimate with 1H11 EPS forming 49% of our forecast. Quarterly net profit was a record despite lower yoy turnover, helped by better gross margins and a lower cost structure. Contract wins picked up strongly, with the group already securing S$193m worth of contracts in 2Q11 alone, or 40% of our target for this year. Profit margins have been strong and sustainable for 4-5 quarters. No change to our EPS estimates or S$0.40, still based on 8x CY12 P/E, a 20% discount to its mid-cycle multiples. Re-rating catalysts are better margins and further contract wins, in our view.
• Revenue eased on slower-than-expected recognition. The slight yoy decrease in the topline was predictable, with the substantial completion of the remaining projects at MBS integrated resort in FY10. As a result, revenue from structural steelworks decreased to S$42.5m (-15.2% yoy) in 2Q11. The shift in revenue mix towards specialist civil engineering continued, with the segment accounting for 49% of group revenue in 2Q11. Revenue from this segment rose 17.7% yoy to S$40m. • Better gross margins offset lower turnover. As a result of the shift, YNH’s gross margin increased slightly to 29.6% in 2Q11 (from 29.0% in 2Q10). Four projects were instrumental: 1) Marina Coastal Expressway 2) MRT Downtown Line 2 3) Hong Kong MTR and 4) the New Doha International Airport project.
• Strong order book and earnings visibility. Earnings visibility remained solid, back by an order book of S$509m at end-2Q11. YNH maintained a strong balance sheet with net gearing improving to 0.45x as at end-1H11 (0.49x at end-FY10). We estimate that it is bidding for S$1.2bn worth of projects this year. The outlook in Singapore remains underpinned by numerous opportunities in the civil engineering space, where YNH stands to reap major benefits.
• In line maintain Outperform. Target $0.40. 2Q11 net profit of S$15m (+13% yoy) meets our estimate and consensus, at 25% of our FY11 estimate with 1H11 EPS forming 49% of our forecast. Quarterly net profit was a record despite lower yoy turnover, helped by better gross margins and a lower cost structure. Contract wins picked up strongly, with the group already securing S$193m worth of contracts in 2Q11 alone, or 40% of our target for this year. Profit margins have been strong and sustainable for 4-5 quarters. No change to our EPS estimates or S$0.40, still based on 8x CY12 P/E, a 20% discount to its mid-cycle multiples. Re-rating catalysts are better margins and further contract wins, in our view.
• Revenue eased on slower-than-expected recognition. The slight yoy decrease in the topline was predictable, with the substantial completion of the remaining projects at MBS integrated resort in FY10. As a result, revenue from structural steelworks decreased to S$42.5m (-15.2% yoy) in 2Q11. The shift in revenue mix towards specialist civil engineering continued, with the segment accounting for 49% of group revenue in 2Q11. Revenue from this segment rose 17.7% yoy to S$40m. • Better gross margins offset lower turnover. As a result of the shift, YNH’s gross margin increased slightly to 29.6% in 2Q11 (from 29.0% in 2Q10). Four projects were instrumental: 1) Marina Coastal Expressway 2) MRT Downtown Line 2 3) Hong Kong MTR and 4) the New Doha International Airport project.
• Strong order book and earnings visibility. Earnings visibility remained solid, back by an order book of S$509m at end-2Q11. YNH maintained a strong balance sheet with net gearing improving to 0.45x as at end-1H11 (0.49x at end-FY10). We estimate that it is bidding for S$1.2bn worth of projects this year. The outlook in Singapore remains underpinned by numerous opportunities in the civil engineering space, where YNH stands to reap major benefits.
Think this counter quite safe lah.
Imagine u put your money in fixed d loh,half or 1 year later see interest.
If STI did not break down so steep.... Yongnam is good to park.... But it is a pity, today STI hit below 2850..... more to come.... Need the smoke to clear months ahead....
Great! I think you may get better returns than parking your cash in the banks ...
gavinl ( Date: 08-Aug-2011 15:51) Posted:
|
Well said.Just now loaded a little more at 23 cents.
I think it voices down to how long is your investment horizon?? Short term it may go down. Long term if you are using your spare cash then it may go up and reach your target.. I am holding on since already vested. Will wait for it to move up to my TP of 29.5 cents or 30 cents...
bryancbq ( Date: 08-Aug-2011 14:08) Posted:
|
don't know if i should cut all my losses now. like a bit too late ley. haha. dont really understand the extent of the problem in europe. i still FEEL that the market is over-reacting.
thinking of just saving now, then wait till market almost bottom, then average down. if it rebounds from here, then also nvm. hard to time the market. bad bad times now =/
bus fare also go up liao
Uncle Ti 88
http://uncleti88.blogspot.com/
----
I trade using simple moving average and Commitment of Traders Proxy (COT Proxy) + some other special ingredients that Colonel Sanders will be proud of.
I win some I lose some. But I make sure my wins make up more than the losses!