Latest Forum Topics /
Yoma Strategic
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STI to cross 3000 boosted by long-term investors
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powermikeln
Veteran |
13-Aug-2020 10:40
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Yoma today is back on track :) Have been accumulating at 295/305 level for sooooo long... if breaking out, it will be definitely a strong one!!! Stay tuned guys! |
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OngBak
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06-Aug-2020 15:20
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Been waiting
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stanleytay
Master |
06-Aug-2020 14:34
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Flag breakout soon.. watch out for this | ||||
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3dw1nchu4
Veteran |
03-Aug-2020 13:05
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Bought into this counter with CPF monies. My cash currently tied up in glove counters. Hopefully the price won' t shoot up too fast, so I can buy more after taking profit there  ![]()
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powermikeln
Veteran |
03-Aug-2020 13:00
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Well bro, as far as i know their big partner Ayala Corporation had taken 1st and will be taking up 2nd tranche of share placement @ 45c :)  Ayala is one of the richest / biggest group in  Philippines, and they are not stupid, and must have already done their homework and due-deligence before they agree to buy YOMA shares at 45c.  I am not greedy bro, if it can go up to 45c by end of this year i will be very happy already :) since i am vesting it at 28c - 31c price range only :)  https://links.sgx.com/1.0.0/corporate-announcements/CK1Q855CA7DNPNT8/fac0f02b5f7c8d79c4e1f584320ef837ccef0a6b12451a7b4c01ee86958b96e2
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BB-trader
Veteran |
03-Aug-2020 12:53
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$3+ by 2025, estimate
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3dw1nchu4
Veteran |
03-Aug-2020 12:50
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Entered at 30cts. 50cts by Dec?
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powermikeln
Veteran |
03-Aug-2020 12:49
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I same added some more at 30c :)  Yoma is quite resilient recently dispite the huge market weakness... did not see any panic heavy-vol sell-down like many other counters.  i feel it is still in accumulation mode at 29.5c / 30c level with decreased volume.  looking forward for its next burst when ready :)
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Bigdaddy
Veteran |
29-Jul-2020 18:18
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enter at 0.30 | ||||
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stanleytay
Master |
28-Jul-2020 15:06
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Unusually quiet today considering all the hype over the new business ... might need some announcemnt to kickstart the move up. | ||||
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hokpin
Supreme |
27-Jul-2020 07:53
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Thank you for sharing the info, Bro. I studied and  learnt that  the TP is around 0.45 ~ 0.50, right?
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powermikeln
Veteran |
27-Jul-2020 07:41
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i was in the Webminar last week listening Yoma' s CEO and CFO giving some latest update and interactive Q& A session. They confirmed that the placement is " going to happen soon..." , and he also the CEO sounded very confident that " ...the current share price is quite undervalued..."   I personally feel Yoma recent development and diversification practices are good and put the company on the right track. In a few more quarters, the price shoudl be catch up with the fundamentals, hence i am staying vested. Good luck! 
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hokpin
Supreme |
26-Jul-2020 21:25
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Thank you for your sharing. Bro. Yoma is currently put under my radar monitoring list.
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stanleytay
Master |
26-Jul-2020 21:25
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Hope the placement news will be confirmed soon...
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powermikeln
Veteran |
26-Jul-2020 20:57
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Part of it. Their Wave Money is trying to be a Fintech Unicorn in Myanmar, which is also invested by Alibaba' s ANT which is also IPOing in Hong Kong. The perceived valuation of Yoma' s Wave Money would be positvely boosted in this process. And what is more, the 2nd  TRANCHE PLACEMENT SHARES to  Ayala Corporation may come soon according to Yoma' s CEO in last week' s webminar. The placement price is 0.45 - I believe the share price will move higher and higher in near term :) Good luck! 
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hokpin
Supreme |
24-Jul-2020 08:35
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Bro, the catalyst of this stock is business engagament with Ma Yun' s Alibaba in Myanmar, right?
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powermikeln
Veteran |
24-Jul-2020 08:28
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Let' s see! Guess i will buy more if go to 30c or below :) 
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vicloo
Supreme |
24-Jul-2020 08:21
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All major indexes in US, 1.3 to 2.2% last night.. Will Yoma goes south under 30c today?
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powermikeln
Veteran |
24-Jul-2020 07:37
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Technically - it is hovering around the immediate 20-Day Moving Average support line of 0.31 with reduced daily volumes for past two trading days. Sellings activities have been obviously getting weaker and weaker, while BB' s also stopped pushing in order to squeeze out short-term sellers, once no more selling in next few sessions - i would think BBs will start major push and one-shot the ASK-Q like before. That will also trigger short sellers to panic to cover back their prevous short postions.  Check out the follow daily short volumes and average short price, i did some statistics for past 7 session to share with you guys. In summary, totally:  15,670,000  shares have been shorted by short sellers at average short price of 0.302, which is making a paper loss even at the current closing price of 0.31. I am not sure how much of these shortting positions have been covered back, but all the open shorting positions will lose more and more when BB start to push, hence there will be panic buying-up by the open shorters to cover back as well sooner or later. Assuming 50% of the short position are yet to cover back, there would be another 7.8million buy-ups on the sideline waiting to pull the trigger :)  - Let' s see what will happen in next few sessions! I remain vested to ride this wave. Good luck!
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Singpost
Master |
23-Jul-2020 16:11
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my view... this counter coming up to be rallied..... lot of accumluation last  few week... or shortlist ..... so might be lot of cover back if went up  |
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