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1741-1760 of 2451
currently, Lian beng and Koh bros looks better TA wise..
look poised for some profit taking before its climb to the TP of maybe 0.5?
Hit and run for this speculative stocks which has very high PE.
tp = 0.46 cents is based on current project. When the upcoming IR contract announce, plus the Dubai work, the next direction is $0.50.
When u look back in few years time, probably will be $0.80 by then since steel in this world is a necessity.
Hi twinkle, I understand that you can order and they will mail it directly to you. If you subscribe for long term, can get discount too.
Publisher is :The Edge Publishing Pte Ltd, 150 Cecil Street 13-00, SSSSS(069543). Phone : 6232 8622, Email : theedgespore@bizedge.com, website : www.theedgesingapore.com. Customer Support Hotline : 6232 8617/27.
the more established bookshops, like Kino, Borders, Times. a weekly mag, it would be out by Sat. *some* counters have moved after being featured, but then again in this market, anything moves. caveat emptor.
can anyone tell me how i can get hold of this mag - the edge?
oh goodie! looks like may cheong anytime. i heard this mag is pretty powerful. stocks that were featured in this mag will usually cheong.
THE EDGE ISSUE - JUN 25 - JUL 1, 2007.
Yongnam Holdings - MAINTAIN BUY (tp = 0.46 cents)
Yongnam has been performing very well, may halt anytime. $0.50 not a problem.
Goldman Sachs, which hosted a roadshow for Yongnam here last week, said in a research note that "the roadshow reaffirmed our positive outlook on the Singapore construction cycle in an environment of buoyant demand and tight capacity."
Yongnam stands to benefit as it is increasing capacity for structural steelworks at a time when the construction industry is likely to use more steel, Goldman said in its research note.
Yongnam shares, which has a market capitalisation of $440 million, have surged from $0.025 to $0.435 in the past 12 months.
| 19 Jun 2007 04:59 BST DJ MARKET TALK: Yongnam +4.9%; Goldman Ups Target To S$0.46 | |
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0359 GMT [Dow Jones] Yongnam (Y02.SG) +4.9% at S$0.43 on heavy volume vs new multiyear high of S$0.435 set earlier after Goldman Sachs lifted target to S$0.46 from S$0.43 (Buy call unchanged) based on 18X FY08 earnings. Says construction firm in "sweet spot" to gain from cyclical upswing in Singapore's construction sector; "we expect a concentration of contracts to be awarded in 2H2007 as the construction of the mega-sized Marina integrated resorts and Sentosa IR are scheduled to be completed by end 2009 and 1Q2010 respectively." Also expects firm to secure more Dubai contracts over next 3-6 months. Resistance at S$0.45 (last reached in 2000). (FKH) |
Lai liao......shot up to one of the top volume stocks.....now at $0.430....CHEONG AH!!!!
YONGNAM GROUP
2007 $400m
2008 $735m
Major Potential Projects
Structural Steelworks
Est. contract
Value
2007 $60m
2008 $120m
2009 $90m
Specialist Civil Engineering
Then what about Banjoo. It has got MOU to winning big lottory in China..1st tp--20c, next tp 40ct, then next tp 80ct ???, am i dreaming...
The Company wishes to announce that the presentation materials for the analyst briefing to be held on 15 June 2007 can be found in the Company's website at http://www.listedcompany.com/ir/yongnam/misc/Investor_YongNam_150607.pdf.
It surged on speculation of a broker target price upgrade to $0.60, traders said.
| 17:05:03 | Preclose | 0.425 | +0.055 | 209,425 | 2,655 |
| 16:59:55 | Buy Up | 0.425 | +0.055 | 206,770 | 20 |
| 16:59:49 | Buy Up | 0.425 | +0.055 | 206,750 | 10 |
| 16:59:48 | Buy Up | 0.425 | +0.055 | 206,740 | 20 |
| 16:59:43 | Buy Up | 0.425 | +0.055 | 206,720 | 10 |
| 16:59:38 | Buy Up | 0.425 | +0.055 | 206,710 | 50 |
| 16:59:20 | Buy Up | 0.425 | +0.055 | 206,660 | 110 |
| 16:59:18 | Buy Up | 0.425 | +0.055 | 206,550 | 60 |
Fantastic performance by YongNam today, It ended today with 209,425,000 shares traded between 0.365 and 0.435. Closing at 0.425. 13th June 2007.
Well Done YongNam, Cheers!!!!!! Cheers!!!!!!!!!!!!Cheers!!!!!!!!!!!!!!!!!!!!!
tks chendol. appreciate ur thoughts. its high time YN move.
not too sure abt BBR. heard good things abt it but seems like waiting game to me .....
bennytan78,
i think YN shd go at least 0.42 or 0.45.
Now waiting for BBR -waiting for prince charming to wake up from sleeping beauty. hee hee.
| 14:30:37 | Buy Up | 0.395 | +0.025 | 78,914 | 235 |
| 14:30:36 | Buy Up | 0.395 | +0.025 | 78,679 | 7,000 |
| 14:30:00 | Sell Down | 0.390 | +0.020 | 71,679 | 50 |
| 14:29:27 | Buy Up | 0.395 | +0.025 | 71,629 | 5 |
| 14:29:13 | Sell Down | 0.390 | +0.020 | 71,624 | 7 |
| 14:29:08 | Sell Down | 0.390 | +0.020 | 71,617 | 100 |
At 14:30:36 some funds are buying 7,000,000 shares of YongNam at 0.395. YongNam up,up,up and away!!! Cheers!!!!