
DBS Vickers Securities in a May 20 research report says: " Yongnam Holdings announced that it has secured another structural steel contract worth $50 million for the restoration works to the former Supreme Court building and the former City Hall building.
  " This is the fourth contract announced by Yongnam YTD, and comes close on the heels of the Singapore Sports Hub contract worth $75 million secured earlier this month. With this contract, we estimate new order wins YTD in FY2011 should add up to approximately $200 million, including unannounced contracts.
  " This translates to more than 50% of our full-year order win projections of around $370 million, and should enhance Yongnam's current orderbook to over $500 million. Target price of 38 cents. MAINTAIN BUY."
Yongnam Holdings a has been upgraded to a Strong Buy with a 2012 price target of SGD 0.87c set by Shayne Heffernan.
Yongnam Holdings Limited is a Singapore-based investment holding company. The Company is engaged in providing engineering and construction services.
The business areas include structural steelworks, specialist civil engineering and mechanical engineering. It operates in Singapore, Middle East and Malaysia.
Yongnam Holdings Limited announced that it has been awarded a contract for the MRT North-South Line Extension valued at SGD23.5 million.
The Contract is part of the C156 contract package. The North-South Line that ends at the Marina Bay station will be extended 1km southwards to serve the upcoming developments in the southern Marina Bay area, including the upcoming International Cruise Terminal in Marina South.
Yongnam Holdings Limited will support the main contractor, Samsung C& T Corporation, in the supply, installation and removal of steel struts and walers covering one station and approximately 1km of cut and cover tunnel. Work on the contract is expected to start in April 2011 and to be completed in September 2013.
May pick up some...
Isolator ( Date: 28-Jul-2011 02:15) Posted:
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There is always a  reason for  strong high volume buying..... Enjoy...
is it that simple after what happen to MIDAS ==after someone bought 1mil shares, the price dropped 2 cts
New123 ( Date: 27-Jul-2011 21:47) Posted:
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When i buy too much, i need to use my broker for cheaper rate. And give her order to what px i will cut and sell. Thats my platform :)
Normal internet acc dont had sell order except forex and CFD. But U can give order to your broker for any order U wants. If U buy too much, it better to use a broker :)
If she miss kill so i can F**K her. LOL :)
Cheers!
medivh ( Date: 27-Jul-2011 21:38) Posted:
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Looking at the buying up transaction of 5000 lots at 29 cents, 3000 lots at 28.5 cents  tmr may see 30 cents ...
Isolator ( Date: 27-Jul-2011 17:17) Posted:
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Wah hit sell order? What platform do u use warren?
Today, you can see most construction sector gain few cents .. Tuan Sing, Lian Beng, Yong Nam..etc..
I am betting on the laggard construction stock ChipEngSeng to go up next from here..
Cheers to  all :)
Suddenly hit all my sell order today at 0.280 (Load at 0.265)
Today siao, go up too fast and too much liao la. (Going to cancel all sell order but sudden up too fast)
All my new load of contruction kanna hit all sell order today. WTF! LOL!
So sad :( See U all again next round :)
Had to go see see look look for other toys again :)
No worry.... hold tight tight...
Finished @ 28 cents.Is ok, no rush,still got tomorrow.To hell with China gaoxian.Yongnam is my only hope now to break this year losses.
Agree! Yongnam super rocks!
Isolator ( Date: 27-Jul-2011 16:35) Posted:
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Mr Isolator,no wonder u r Elite status.Focus is the name of the game.
Dont bother with all this.... What need to move up it will move up....
Europe market red sea STI stop to move up.
 
I hope so. Queue to sell them at 29.5 cents
wow, sounds good! all the best to u!
gavinl ( Date: 27-Jul-2011 15:32) Posted:
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Not to worry. Last minute buying up by BB will puch it cross $0.30
 
I saw big lots selling at 285... distribution?
My broker say expecting it announcing some good new. So worth to buy some and hold for a while.
Good luck to all who had vest.