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Anyone got new of IR Contract announcement next week ? Closing at 0.505 giving it a strong base to move further ahead next week.
hi teeth53,
how do u tell it's profit taking? could u enlighten me pls. thanks!
Huge-ly on profit taking lah...., Those bot hope it follow up another round..hopefully happy trading.
HUGE PLAY NOW
huge buy up at 0.50
Those who shorted need to buy up later
keke
More action to come.... $0.50 is the resistance point, hope it will stay here before it cheong to $0.53.....
Well done for Yongnam this week....
why is it that brokerage houses restrict buying of certain stocks online?
As of 3.49pm , my house has lifted the restrictions on the buying of Yongnam shares, resulting in it's price spike from $0.475 to 49cents. various clients has heard that this stock my go up to 60cents upon announcements of more contracts clinched soon. And since my house lifted it's restrictions, it's likely a sign of good things to come. Can try buying and holding it if you are keen.
quote from my dealer report, vested
Buy the rumors, sell the facts. 
Volume is moving up fast, think HT is coming.
agree with fortunegal. This counter is highly recommended by a few major analysts.
There will be a few reports coming out in the coming few months. So hold on to this till Q4 result published if you can.
Pay to be patient...Will be a windfall in the making...
jerrymaguire, if for me,i wouldnt sell at 0.52. i m waiting till august for the news release as rumors said most likely they will get the casino contract (dowjows markettalk keep repeating that yongnam might get the contract, if it comes out from dowjows, most likely it is true). So i am holding this for middle-term at least few months.
ya i also agree cheong too fast is not good.....too speculative, just look at koh brothers, cheong up to high of 0.585 and came down.
construction counter can buy n hold long term. but not all. ChipEngS, CSC & Yongnam. The rest i not very sure liao le.
Hi cyjjerry85, Thks for your info. Cheers! but for yongnam if drop oso nvm. cos bought it at low price. i say my TP at 0.800 but i think i will hold for 2-3yrs.
cheonging too fast up at such a market which is still unstable recently...its kinda shaky...but nevertheless...all the best! Yongnam still look good...but not the market...somehow or rather it will be affected too
Woop..!! So Happy i bought Yongnam at 0.315. Now Cheong Cheong to 0.510.
TP 0.80 out. haha Cheer BROS!!
i vested 0.43 too !. i am surprised it break its 0.5 resistence and close at 0.51. seems tomorrow is possibe to have an gap up open.
do you think it will reach 0.55 tomorrow ? or i shout take some profit at like 0.52 ?
thx.
Vested at 0.43. Now regreted not buying more. the speedy ride is really getting toooo fast for yongnam.......
I had bought twice before and sold off twice much earlier this year. Alamak, i should have hold all the way till now....
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latest extract from dj market talk site:
| 28 Jun 2007 09:29 BST DJ MARKET TALK: Yongnam +7.6% On Contract Prospect; M&A Unlikely |
|
0829 GMT [Dow Jones] Yongnam (Y02.SG) +7.6% at more than 7-year high of S$0.495 on huge volume as investors betting construction firm will soon announce more contract wins. Rumor of company possibly being acquired at S$0.50/share may also be driving up share price, though likelihood of takeover remote. "I don't think they're for sale at 50 cents or even 60 cents. The management thinks that there's still a lot more value in the company. So a takeover is unlikely," says foreign house analyst; "I guess people are expecting contracts to come in soon, so it could be buying ahead of that." Psychological resistance at S$0.50. (FKH)
|
Sound good... limkt009
adrian01,
I am also stuck in Jade. Sigh.....
