Latest Forum Topics / Yongnam Last:0.026 -- | Post Reply |
Yong nam
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Salute
Master |
15-Feb-2012 00:10
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check sgx's announce last year around this time. sgx gives you lots of answers if you don'[t know any other source yet
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paul1688
Senior |
14-Feb-2012 15:08
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Anyone recall when Yongnam releasing its results? | ||||
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zhixuen
Veteran |
13-Feb-2012 12:01
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Yongnam announced that its CEO and Executive Director Mr. Seow Soon Yong is assisting the Commercial Affairs Department (CAD) of the Singapore Police Force in its investigation on possible infringement of Section 218 of the Securities and Futures Act, which deals with insider trading. The period under investigation is the first half of 2009. While this investigation is not related to any corrupt business practices and does not impact the day-to-day operations of the Group, there could be knee jerk negative reaction from the market to this news. We would recommend buying the stock on weakness. Our earnings estimates remain unchanged, as does our TP of S$0.31. Yongnam has won close to S$320m in new contracts in FY11, and remains on course to delivering yet anotherrecord year of earnings in its soon-to-be-released results.
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gavinl
Elite |
13-Feb-2012 10:31
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I still have faith in this gem. | ||||
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zhixuen
Veteran |
13-Feb-2012 10:28
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Very minor offense. Most probably is insider news leak. The link below is similar case happened on last year December. Shanghai Holding ltd also involve in giving insider new. Eventually, Mr Yao had been fined with $50000. No impact to company profit and operation. If The CEO if yongnam resigned you may see brief impact because he is the key decision maker. http://www.mas.gov.sg/news_room/press_releases/2011/Mr_Yao_Hongyuan_Pays_Civil_Penalty_for_Contravening_Insider_Trading_Provision.html I think this is just one time off impact will not drag yongnam to the hell. buy on dip ~!!
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Salute
Master |
13-Feb-2012 10:20
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can someone call the company to ask what line is it in Section218 and Chapter 289 . to see what boss who is very much in love with big junky gem stone ring  has done wrong.   |
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doldoves
Member |
13-Feb-2012 10:17
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Hi Master, Senior, Veteran, Supreme.. What's your advise... hold or cut loss?  Will this  stock continue to spiral down because of this  bad new?   Appreciate your thoughts..many thanks. :) doldoves... |
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gavinl
Elite |
13-Feb-2012 10:14
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Why like that? Such a good company still wants to do monkey business. |
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zhixuen
Veteran |
13-Feb-2012 09:07
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I also shocked about the negative new. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_5E2E758078DDE004482579A00023E1A1/$file/Announcement.pdf?openelement
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gavinl
Elite |
13-Feb-2012 09:04
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What happened? 0.23???????? |
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niuyear
Supreme |
10-Feb-2012 12:54
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uob report can trust one or not?  lol! i kenna burnt by their report last time. report come out price drop hahahah! |
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doldoves
Member |
09-Feb-2012 17:07
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I hope this elephant will be transformed into an eagle tomorrow... soaring high into the sky.. .hahaha  :-)))) | ||||
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EdwardLiu
Senior |
09-Feb-2012 16:40
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This is an elephant walking. No turbo. Glad at least it finally started to walk.
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seanpent
Elite |
09-Feb-2012 14:59
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26 cts clearing very very soon ..... | ||||
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seanpent
Elite |
09-Feb-2012 10:13
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still standing in positive territory ... only awaiting to engage a turbo gear to launch rocket ?    |
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doldoves
Member |
08-Feb-2012 16:36
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Hi Seanpent Thank for you info...m onboard today... with positive expectation of good news to come. :-) ....looks like you need to hv a cuppa coffee with BBs to help push this elephant up the hill.... hahaha ....let's hope this will be the next selected counter to be charging up.  :) Cheers-
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Salute
Master |
08-Feb-2012 14:19
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wao, this elephant has made all using different power to try to push it up. ...even the fengsui......:)   |
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niuyear
Supreme |
08-Feb-2012 14:11
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saw  UOBKH report target price . looks attractive.  but when can reach target price,  no one knows. First time looking at this counter.
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seanpent
Elite |
08-Feb-2012 13:57
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yongnam super laggard ?
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niuyear
Supreme |
08-Feb-2012 13:17
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fenghshui shifu says    :  dragon year can see wood business florishes, such as constructino, reno, proeprty ....
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