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BBs X deal at 0.35c after 5 pm...
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Hope and dream every Sunday is a Sunny day...test till 0.38c, Last Friday closed at 0.34c.
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Hopefully, Monday, it will go up because of Downtown MRT projects.
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And how many lots ?
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Was lucky enough to have bought this counter when it was at 0.033.
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YN Chiong Ah...
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the news on downtown line may give it a boost!
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Yongnam is still continue-ing on profit taking, closed at 34c (-1ct), vol-21,597,000m.
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Yongnam is still continue-ing on profit taking, closed at 35c (-1ct)
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Buy on weakness... can only go up....
New Singapore laws are being drawn up to reduce Singapore's dependence on sand and granite.
The aim is to halve the use of concrete in construction projects within the next five years.
Carrots such as quicker clearance for projects which use sustainable construction material such as steel, dry walls, glass and metal cladding, are being offered as part of the new Sustainable Construction Masterplan, said a report in The Straits Times today.
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Tonite See DOW, 2morro is Friday, today it has run up to test 0.38c, then goes on profit taking 0355c/0.36c B4 touching a low of 0.33c, then recovering back to closed at 0.35c. Volume 198,191,000 share changed hand. Maybe go on profit taking again..B4 ending a little lower. Just trade with care...
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Buy
Yongnam Holdings (YNAM.SI)
Return Potential: 33%
Riding on the construction upcycle: Initiate with Buy
Source of opportunity
The Singapore construction sector has turned the corner, in our view, and
is on a full swing to recovery. We believe that Yongnam Holdings is a
major beneficiary of the burgeoning construction cycle as it is the largest
specialist contractor in structural steelworks and provision of strutting
systems by capacity. We believe its current share price has yet to reflect
the company?s strong revenue and earnings growth potential in an
environment of buoyant demand and very tight capacity. We initiate
coverage on the stock with a Buy rating and 12-month price target of
S$0.44/share, offering 40% potential upside.
Quoted from report by The Goldman Sachs Group.
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hmmm....sound good, maybe on merger? invested 20 liao.
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Rising on talks that it would be on a corporate roadshow to meet investors.
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Noted bro red1721 will not vest for Yongnam now thanks for sharing.
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I'll say wait till monday and see how the market goes, STI most likely will drop further tmw...its friday tmw...and as for monday...we'll see about DOW's performance on Friday nite...
thats my point of view...invest at own risk...cheers and good luck...
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So any advise can go in @ 0.35 now thanks
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relax teeth, its still in the green today...STI effecting the price thats all...
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Now on Contra Playing by BBs
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Continue on profiting, down to $0.330 cents.:((
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