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Yong nam

BigCannonFairy
Master

19-Nov-2014 22:31

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Seems like I am right, a lot of clones promoting Yongnam. Everyone becareful of what you read here.

1x1.trans 16 Funny Gifs to Start Off the Morning

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BigCannonFairy
Master

19-Nov-2014 22:23

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Yawn...

How about you research the break down of Yongnam revenue and return to post it here.

Lol Wiseguy, you are the only one who couldn' t see the link between Yongnam and property market.

wiseguy1269 Member	30-Oct-2014 21:08 About wiseguy1269 Contact Quote! Style: Flexible Mood:
x 0 x 0 Alert Admin	bigcannonfairy, please post properly in the appropriate threads. This is not a property thread. This is Yongnam thread, i.e. construction related and Myanmar airport related issues. Just because the folks here are more docile and decent doesn' t mean you can bully them by posting totally unrelated material.

morningstar13 ( Date: 19-Nov-2014 22:05) Posted:

Check the website and no mention of condo projects. Even if so, that' s in the past, isnt it?

BigCannonFairy ( Date: 19-Nov-2014 22:02) Posted:

Oh really?

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morningstar13
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19-Nov-2014 22:05

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Check the website and no mention of condo projects. Even if so, that' s in the past, isnt it?

BigCannonFairy ( Date: 19-Nov-2014 22:02) Posted:

Oh really?

morningstar13 ( Date: 19-Nov-2014 21:30) Posted:

Yongnam is not involved in such construction. Such news is more suited over at Keppel Land or OUE Limited.

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BigCannonFairy
Master

19-Nov-2014 22:02

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Oh really?

morningstar13 ( Date: 19-Nov-2014 21:30) Posted:

Yongnam is not involved in such construction. Such news is more suited over at Keppel Land or OUE Limited.

BigCannonFairy ( Date: 19-Nov-2014 19:59) Posted:

Huh? How is it irrelevant?

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morningstar13
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19-Nov-2014 21:30

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Yongnam is not involved in such construction. Such news is more suited over at Keppel Land or OUE Limited.

BigCannonFairy ( Date: 19-Nov-2014 19:59) Posted:

Huh? How is it irrelevant?

morningstar13 ( Date: 19-Nov-2014 19:38) Posted:

May I know how this is relevant to Yong Nam?

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BigCannonFairy
Master

19-Nov-2014 19:59

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Huh? How is it irrelevant?

morningstar13 ( Date: 19-Nov-2014 19:38) Posted:

May I know how this is relevant to Yong Nam?

BigCannonFairy ( Date: 19-Nov-2014 17:56) Posted:

Just how many multiple-properties owners are there in Singapore and how badly will the credit crunch affect them?

https://sg.finance.yahoo.com/news/just-many-multiple-properties-owners-090833679.html

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morningstar13
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19-Nov-2014 19:38

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May I know how this is relevant to Yong Nam?

BigCannonFairy ( Date: 19-Nov-2014 17:56) Posted:

Just how many multiple-properties owners are there in Singapore and how badly will the credit crunch affect them?

https://sg.finance.yahoo.com/news/just-many-multiple-properties-owners-090833679.html

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EddieLeong
Member

19-Nov-2014 19:02

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Well say.

I vested on confident place on yongnam track records

kerubin ( Date: 19-Nov-2014 11:53) Posted:

Price is at all time low after reporting losses. Keeping in mind they have scored many new contracts, if their finances do work out in the end, then this stock at 0.19+ IS A GEM.

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BigCannonFairy
Master

19-Nov-2014 17:56

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Just how many multiple-properties owners are there in Singapore and how badly will the credit crunch affect them?

https://sg.finance.yahoo.com/news/just-many-multiple-properties-owners-090833679.html

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wiseguy1269
Veteran

19-Nov-2014 13:41

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And if I have no clones at all in this forum, and you have other clones other than BigCanonFairy, then I condemn you to forever lose money in whatever shares that you buy henceforth

This type of curses always work because they are factual

BigCannonFairy ( Date: 17-Nov-2014 13:24) Posted:

This thread got alot of clone promoting this stock. LOL Wiseguy

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kerubin
Senior

19-Nov-2014 11:55

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Keeping it for the long term can do no wrong, might even grow many fold.

kerubin ( Date: 19-Nov-2014 11:53) Posted:

Price is at all time low after reporting losses. Keeping in mind they have scored many new contracts, if their finances do work out in the end, then this stock at 0.19+ IS A GEM.

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kerubin
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19-Nov-2014 11:53

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Price is at all time low after reporting losses. Keeping in mind they have scored many new contracts, if their finances do work out in the end, then this stock at 0.19+ IS A GEM.

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BigCannonFairy
Master

18-Nov-2014 22:53

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More high-end homeowners default payments

https://sg.finance.yahoo.com/news/more-high-end-homeowners-default-payments-034203939--sector.html

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BigCannonFairy
Master

17-Nov-2014 13:24

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This thread got alot of clone promoting this stock. LOL Wiseguy

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RoundRound
Elite

17-Nov-2014 13:08

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The saying goes, never chase a stock when there's uncertainty. Do it only when ccertainty set in.

BigCannonFairy ( Date: 17-Nov-2014 13:04) Posted:

well said !

RoundRound ( Date: 17-Nov-2014 12:49) Posted:

Those who chased up the share price to 24 cent thereabouts are crying loud.... on news about the Myanmar's airport mega project.
Think Yongnam have to show something better before its price can rise steadily again

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BigCannonFairy
Master

17-Nov-2014 13:04

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well said !

RoundRound ( Date: 17-Nov-2014 12:49) Posted:

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EddieLeong
Member

17-Nov-2014 13:00

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Think yongnam bottom maybe here. Things always go by delay effect. Last year project issue/ cost overrun/ raise of minimum wages/ reduce in foreign labour/ low construction tasks. Effect this year.

Next year going to be better. With airport deal. And support from government raise/need in infrastructure. The effect should support yongnam to stay in positive region.

Think they can survived the construction slump.

Vested for mid to long term

RoundRound ( Date: 17-Nov-2014 12:49) Posted:

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RoundRound
Elite

17-Nov-2014 12:49

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calvino
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17-Nov-2014 12:46

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Hugo,

If everybody know Yongnam is the the greatest " sucker" of all time. They sure willingly to do business with them and they knew Yongnam going to suckup all the overun cost and still has to producd the quality end resultants.

The only pride left is Yongnam has a long list of credentials endorsed by the PaP' s mininos.

HugoLee ( Date: 14-Nov-2014 18:55) Posted:

Qanghoo,

In consideration of awarding contract to a supplier, the client will always evaulate the financial strength and stability of the contractor. If the supplier fail, the client also suffer. So I don' t understand what you meant by clients loading contracts to YN at fire-sale prices. Also, YN has over 300m book-order. Do they need more sales to survive? No. What YN need is to convert those sales to delivery and payment.

My 2-cents.

Qanghoo ( Date: 14-Nov-2014 17:52) Posted:

YONGNAM REPORTS LOSS OF S$8.4 MILLION FOR 3QFY2014

Price will crash next wk. May present buying opportunity at 18-19c. But will it become another Midas? Are clients loading contracts to them at fire-sale prices? That may be to worry.

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Qanghoo
Supreme

16-Nov-2014 23:11

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Sometimes, when people tender low not due to mispricing, they still tell the world it' s cost overrun when they don' t make money!

calvino ( Date: 16-Nov-2014 22:58) Posted:

Seriously, they really need to look deep into their cost estimation b4 tendering their projects. No point having millions dollars of contracts on-hand, and cost of sales are greater than the revenue at the end of the day.

Qanghoo ( Date: 14-Nov-2014 20:49) Posted:

I understand the merits of what you say. But price as an evaluation and award criterion is still widely priactised, especially in public-sector projects. Coys facing difficulties may have little choice but price their tenders to win and sacrifice margins in doing so. Some do it knowing they may not make much, or may even lose money. But they may do it to cover some of their fixed costs. Also, many coys with billion $ order books are struggling. I' m not saying it' s gonna to happen to YN, but may be shd not be over-optimistic.

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