Latest Forum Topics /
Yoma Strategic
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Cloud Investment?
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Entropy72
Master |
05-Mar-2021 20:25
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Unusually strong words from Vivian
Friday, March 5 2:30 p.m. Police opened fire in Mandalay, killing one person, witnesses and media said. The young man was shot in the neck, media said. Earlier in the day, a big crowd had marched peacefully through the city, chanting, ?The stone age is over, we?re not scared because you threaten us.? 1:30 p.m. Electric power was lost in many parts of Myanmar because of a technical failure, said a utility official in the biggest city, Yangon. Residents of cities from the capital, Naypyitaw, to Yangon and Mawlamyine in the south reported the power going off in the early afternoon. ?It happened because of a system breakdown. We didn?t cut the power. It?ll be back in the evening,? said a utility official in Yangon. 11:30 a.m. YouTube has removed five channels of Myanmar?s military-run television. ?We have terminated a number of channels and removed several videos from YouTube in accordance with our community guidelines and applicable laws,? a YouTube spokeswoman said in a statement. The channels taken down include the state network Myanmar Radio and Television as well as the military-owned Myawaddy Media, MWD Variety and MWD Myanmar. 11:00 a.m. Citizens prepare barricades against security forces in a Yangon area where a major crackdown took place on Wednesday. A 60-year-old protester tells Nikkei Asia: ?Nowhere is safe.? Barricades have been put up on some streets in Yangon to prevent the passage of security forces. 10:00 a.m. Singapore?s foreign minister says it is a ?national shame? for the armed forces of a country to use weapons against their own people, as he called on Myanmar?s military rulers to seek a peaceful solution to the unrest. ?It is the height of national shame for the armed forces of any country to turn its arms against its own people,? said Vivian Balakrishnan, repeating that Singapore was appalled by the violence. |
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FrancisLim
Elite |
05-Mar-2021 14:03
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very sad, shooting at peaceful demostrators.  Fatalities increasing daily.
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Entropy72
Master |
05-Mar-2021 13:38
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Indeed. The coup arose because SG MAH is worried that he will get charged when he retires in Jul 21. Furthermore, he harbours illusion that the people are disappointed with NLD poor performance (due to inexperience) over past 5 years and would vote more UDSP members in during Nov 20 election. He can then have hope of changing his miltiary uniform into UDSP colors and get a shot at being President. Instead, the people kicked out UDSP and voted more NLD members. This is why he alleged fraud of election as his President dreams are smashed and his criminal charge nightmare becomes more real than ever.   When dog panicks, dog jumps across wall.   SG MAH is one selfish dog to trade his own future with an entire nation' s future.
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FlyingCat
Master |
05-Mar-2021 13:33
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Company is good. If wan to invest into myanmar then yoma is one of the top pick for retailers. 50 mil population the market is quite significant.  But then the political environment is not good, becasue of one man greed n his gang, 50 mil ppl suffer.  Lets hope for the better, miltary control is never the choice, without ppl support no gov can control. hope the military can see the light. Even if they hang on to power it will not be a good ending for them.  Come to compromise, and no charging of the generals. if they die die wan to charge him, think will not see day light
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FlyingCat
Master |
05-Mar-2021 13:24
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buay ding dang
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Hector
Veteran |
05-Mar-2021 12:55
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thanks for advise I am just hoping for a better outcome Feels sad for people over in Myanmar   
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Entropy72
Master |
05-Mar-2021 12:40
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I have also engaged with Serge and Melvyn when I visited Myanmar on shareholders trip and during several AGMs. I respect them for their acumen and I believe Yoma can grow big under their leadership if Myanmar had remained stable.
But the environment which Yoma operates has changed drastically. Ferrari cannot run fast on dirt track. Whatever valuation of their land bank and real estate (Yoma Central, PH Estate and Starcity) it was in the past, it has dropped drastically with the Tatmadaw coup. The cashflow is even more worrying. So you can keep some in case miracle of coup overturn, but don't overly accumulate. There is a chance of total wipeout under international sanctions and societal unrest.
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Hector
Veteran |
05-Mar-2021 12:30
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understand that there will be selling pressure due to uncertainty over this military coup But I have worked with Yoma for projects before and know the Chairman and CEO of Yoma I believe that Yoma is reputable company with strong vision for Yoma and Myanmar as a country If I am able to buy low and keep for long term, I dont see any risk  If fact, I expect good postive gain once compromise between military and NLD is done.  Things will turn better. I always like look at the bright side.    As we knows, share price will never always goes up and will never always goes down. So we need to take a few steps back and look at a bigger picture with long term view But still, DYODD. Nothing is for sure   
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Entropy72
Master |
05-Mar-2021 11:48
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Calm before the storm. Get out while you can.
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Hector
Veteran |
05-Mar-2021 11:14
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Hmm.. holding pretty well | ||||
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FlyingCat
Master |
05-Mar-2021 11:14
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this blackhole coming i think being very suport at this level... seller on way up not much
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laksaman57
Supreme |
05-Mar-2021 10:31
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Call black Hole
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MarcLim
Veteran |
05-Mar-2021 10:19
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Really bad! create chaos, no supporters. Will this fasten the ending? Civilian power pray🙏 🏻 price haven' t crash.
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ysh2006
Supreme |
05-Mar-2021 07:03
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Today newspaper front page "Singapore advises its citizens to leave Myanmar ASAP"...but did not said how to run ? ...will they send C130 military planes to take them back.?
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ysh2006
Supreme |
05-Mar-2021 05:21
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This order from govt is it call capital control ? noney cannot bring out.
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laksaman57
Supreme |
04-Mar-2021 22:59
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https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2021-02-28/myanmar-central-bank-to-limit-cash-withdrawal-from-banks-atms
"The Central Bank of Myanmar is limiting cash withdrawals from banks and automated teller machines a month after the country?s military coup. ..... The move is aimed at ?facilitating the transition to digital economy? by reducing cash usage among government agencies and the public, said the letter dated March 1." 🤣 🤣 🤣 🤣 |
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7ocean
Master |
04-Mar-2021 19:43
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Myanmar Econmic will down to the drain...Washing out army
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ysh2006
Supreme |
04-Mar-2021 19:29
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The players try to push up and run...those falling knife see who want to 'hope'... | ||||
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uiop1223
Supreme |
04-Mar-2021 19:27
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Congrats to those who been scoping 💩 💩 💩 💩 | ||||
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uiop1223
Supreme |
04-Mar-2021 19:23
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MFA should also advise all YOMA shareholders to sell and pull out 😂 | ||||
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