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Most of the uncles and aunties are finacial sound. they do not know or don belive of "cut loss" theory. Their mentality is to keep the stock and hope for rebound. Finally this are the group of pepole they would loss in the stock market, but they also would earn big money. They may be contented to earn their daily bread & butter or earn enough to balance up their expenses. .
It's good that aunties and uncles sell - me pickup at 0.465 ! can cheong now ! tomorrow market will be better with good DJow north move.
When the market is bad, even all the aunties will know it...
Then that's why they dump instead of buy... 
Auntie Uncle have nerves of steel so I doubt it will be them. Prob Amateur like me~ 
but not vested though.
but not vested though.
No. Price not factored in.
But rather is because of panic sell from the aunties, uncles and the amateurs.
' Solid result does not mean share price will go up. ' <--
Price factored in. Need new injects (news) to bring the price alive.
But be prepared for the worse.
Especially after last week melt-down.
Solid result does not mean share price will go up.
What a costly lesson.
Should not be. Because YN is sort of monopolised in his own work nature.
But
What if the total contractual amt is less then expected? Here's a tip for the current revised TP prior to the contract annoucement - 0.40SGD. Sad huh?
Think only the announcement of contracts will rescue this counter.
The overall sentiment for YN is not too positive at this moment.
I believe sm are expecting the announcements, but it never come, so they start to pull out.
But perseverant will win the day.
Anyone know what happen to yongnam ? now less than 0.5
LianBeng is only giving 0.22cents as dividend so little based on current price :(
Anyone know when they will announce div and half year report .
LianBeng is giving div 0.22 per share ...... so YL may also follow with good announcement .
AUG: Marine IR Contract announcement will be out.
Resistance at $0.5. I guess this will be broken next month or soon. Yongnam, from what I analyse, will most probably get a share of the contract since as they mentioned, they basically do not have competitor.
Me queuing for 0.47, someone got it at 0.48 today.
Today, YN shows strong resilience.
Stay green in a pool of red.
Current price is the around the support level. Keep up the good work.
i am waiting at 0.46 , come on drop to me.
These are just internal restructuring of shareholdings following the recent 120mil share placement at 0.33. See below link. Price weakness is temporary. Value seekers & genuine investors should take the opportunity to accumulate n enjoy the next burst in price break beyond 0.55 in weeks to come..business model sound with order books intact..."no horse run"
http://www.yongnam.com.sg/investor.html
|
Recent Insider Trade Announce Date |
Date of Effective Change | Buyer/Seller Name | Type* | S/W/U ** |
Bought/(Sold)('000) | Price($) | After Trade | Note | |
| No. of Shares ('000)*** | % Held*** | ||||||||
| 20/07/07 | 19/07/07 | Seow Soon Yong | DIR | S | 64,328 | 0.475 | 98,016 | 8.17 | |
| 20/07/07 | 19/07/07 | Siau Sun King | DIR | S | 64,328 | 0.475 | 72,915 | 6.08 |
| 20/07/07 | 19/07/07 | Tan Tin Nam | DIR | S | 31,961 | 0.475 | 64,328 | 5.36 |
| 20/07/07 | 19/07/07 | Yongnam Pte Ltd | SSH | S | 31,961 | 0.475 | 64,328 | 5.36 |
Its time to watch this carefully, could be time to acculmulate soon