Yongnam   

Yong nam

Now you see the potential of this counter.Is now 30.5 cents. It is going up strongly..

 YongNam Holdings

 

Cheong all the way !!!!

 

http://www.remisiers.org/cms_images/research/Research-Oct4-8/Yongnam-041010_OP_CIMB.pdf

 

http://www.remisiers.org/cms_images/research/Research-Oct4-8/Yongnam-041010_OP_CIMB.pdf     

 

still strong buying at 0.275

 

some say 0.5 target.

 

which trading house tp is 41 cents ?

Apricot      ( Date: 04-Oct-2010 14:02) Posted: Yup I am one of those who brought @ 27.5cents.  Hopefully its a good pick.  But analyst TP is 41 cents.   epliew      ( Date: 04-Oct-2010 12:29) Posted: 0.275 -at lunch time only people buying.... let hope for the best to cross the 0.3 and back to 0.5

 

Yup I am one of those who brought @ 27.5cents.  Hopefully its a good pick.  But analyst TP is 41 cents.

 

epliew      ( Date: 04-Oct-2010 12:29) Posted: 0.275 -at lunch time only people buying.... let hope for the best to cross the 0.3 and back to 0.5

 

0.275 -at lunch time only people buying.... let hope for the best to cross the 0.3 and back to 0.5

 

brought and kept some at 0.285

 

long term it should win more projects for railway in SG.....  let see if the bet is correct .

New123      ( Date: 04-Oct-2010 10:38) Posted: Some buying interest today and it has crossed over and above the MA 14 days looks quite attractive . elton81      ( Date: 01-Oct-2010 11:10) Posted: ya.. looks good... vested some :

 

Some buying interest today and it has crossed over and above the MA 14 days looks quite attractive .

elton81      ( Date: 01-Oct-2010 11:10) Posted: ya.. looks good... vested some :) New123      ( Date: 01-Oct-2010 11:05) Posted: I think the price will move before the next qtr results announcement in October . At current price of 26.5 cents looks attractive for a company that has many contracts on-hand. The Stochastic looks like it is going up . I think is good time to accumulate some. Cheers, YongNam Hldgs

 

ya.. looks good... vested some :)

New123      ( Date: 01-Oct-2010 11:05) Posted: I think the price will move before the next qtr results announcement in October . At current price of 26.5 cents looks attractive for a company that has many contracts on-hand. The Stochastic looks like it is going up . I think is good time to accumulate some. Cheers, YongNam Hldgs

 

I think the price will move before the next qtr results announcement in October .

At current price of 26.5 cents looks attractive for a company that has many contracts on-hand.

The Stochastic looks like it is going up . I think is good time to accumulate some.

Cheers,

YongNam Hldgs

 

yes, hence do many people believe it....... yongnam is one of the company that specialised in railway infrastructure construction and always getting new contracts.....

but price has not shot up to past - 0.50

samloh28      ( Date: 30-Sep-2010 22:53) Posted: If you guys remembered PM Lee's rally speech. Total S$ 60 billion infrastructure contracts to be rolled out in next 10 years, it means S$ 6 billion worth of contracts each year.  Assuming specialist civil engineering works which Yongnam won for Downtown Line 2 (approx S$ 25 + S$ 27.5 million), is worth about 10% of each civil contract sum, it means potential S$ 600 million specialist civil engineering works up for grabs.  What it means is that Yongnam being the market leader in specialist civil engineering will have its bag full for next 10 years.  This is excluding the potential overseas contracts from Hong Kong MTR, Brunei and Middle East, if you have been to AGM in April 2010.  Potential growth stock.

 

most of counters were red for past 2 days, so i dont expect yongnam going up at this time haha

Noob79      ( Date: 29-Sep-2010 08:20) Posted: Construction stocks??? Seem to lose interest by investor... not much gain...

 

If you guys remembered PM Lee's rally speech. Total S$ 60 billion infrastructure contracts to be rolled out in next 10 years, it means S$ 6 billion worth of contracts each year.  Assuming specialist civil engineering works which Yongnam won for Downtown Line 2 (approx S$ 25 + S$ 27.5 million), is worth about 10% of each civil contract sum, it means potential S$ 600 million specialist civil engineering works up for grabs.  What it means is that Yongnam being the market leader in specialist civil engineering will have its bag full for next 10 years.  This is excluding the potential overseas contracts from Hong Kong MTR, Brunei and Middle East, if you have been to AGM in April 2010.  Potential growth stock.

 

If the price can maintain at 26.5 cents, I think it may goes up from here.

Yongnam

 

Construction stocks??? Seem to lose interest by investor... not much gain...

 

wow.

New123      ( Date: 28-Sep-2010 21:53) Posted: Yongnam secure another MRT line contract worth 27.5m . Well done! Keep up the good work! Let's hope the price will go up....

 

Finally I can breakeven after averaging if it reaches 0.30 as bought at a high price  previously... Have been holding it for too long and glad that it moves up again...

Btw, what is the TP for this counter?

Thanks.