| Latest Forum Topics / Yongnam |
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Genting SP Next Move
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BigCannonFairy
Master |
30-Oct-2014 11:31
Yells: "Slingless David" |
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huh? I shorted and got burnt? Yongnam has headed south since mid 2013 with no turning back. If I shorted, I would have huat big time. Get burnt?   @ Qanghoo, perhaps you might want to find out the different forms of democracy in today world. If you adopt the strict democarcy view, then not all agree SG is democratic too.
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wiseguy1269
Veteran |
30-Oct-2014 11:07
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Stay the course. Singpost was also languishing at $0.97 to $1.14 when it did not embark on any significant projects. Look at where Singpost is trading at now.
In those days, there were many naysayers against SingPost too :D |
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jwong016
Senior |
30-Oct-2014 10:36
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costs overrun may occur anytime. furthermore, international project... bigger scale, bigger risk. but then again, bigger payout if it works out. divested some today. 
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cheng987
Veteran |
30-Oct-2014 10:16
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If you sold half of your 100 lots at 30 cts ,you wll make more than 2900. dolllars. Wish you  all the best .GOOL LUCK
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jackjames
Supreme |
30-Oct-2014 10:12
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I like you .
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morningstar13
Member |
30-Oct-2014 09:59
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If 30cents, I' ll sell half and then keep half to continue to reap the benefits for 30 years..hopefully
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cheng987
Veteran |
30-Oct-2014 09:53
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Where got problem  ? today already up 4 cts so another 4 cents  is very fast near 30 cents. PUT money take money !!! HUAT AH |
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Qanghoo
Supreme |
30-Oct-2014 09:46
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This one I think more tangible than SingPost.  Here' s a bird in hand, ie, contract already sewn.  SingPost is IBM (I Buay Mai?).  If people don' d shop, no money type.
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jwong016
Senior |
30-Oct-2014 09:45
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selling my house to buy yongnam now, LOL
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jackjames
Supreme |
30-Oct-2014 09:36
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tomorrow will come 30 cents ? really ? then, i should  pump in another 100 lots at 0.24 now .. LOL...
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cheng987
Veteran |
30-Oct-2014 09:29
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Tomorrow may come to 30 cents. $$$ TUA HUAT !!!. $$$ GOOD LUCK |
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jackjames
Supreme |
30-Oct-2014 09:27
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really? to be exact, the paper profit now is 27.6% . :)
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Merger
Master |
30-Oct-2014 09:20
Yells: "Sin-tel : " Let's make Ah-Pui-Day better "" |
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really greedy. +22% is a lot . if you dont profit now, maybe later only 21 cts. Remember Yongnam part of consortium.  Yongnam past quarters results not very good. Myanmar business environment still an unkwown. if the stocks i am holdng now jump + 22%, i get drunk tonite : )
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morningstar13
Member |
30-Oct-2014 09:15
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Wait for re-rating ... Singpost also took months to touch $2 ..
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jackjames
Supreme |
30-Oct-2014 09:08
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opening price of S$0.24 is disappointing, where is S$0.30 ? i choose to wait a little longer.. |
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Terminator4ever
Member |
30-Oct-2014 08:53
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Possible win for changi jewel project? | ||||
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Qanghoo
Supreme |
30-Oct-2014 08:25
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Just to add that I' d read somewhere sometime ago (on a note pertaining to Kori) that Yongnam probably has the biggest infrastructural asset to undertake contracts involving steel reinforcements.
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FATABA
Supreme |
30-Oct-2014 08:19
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In a forum like this ....the writer is not important but the content that he/she writes tell more....and could be useful for others. I totally agree with the view on India. Investment in this so call democratic country is or could be more risky than any communist country . More so , a in depth look into Yongnam may offer more infor about investing into this share. Book Value is 0.2378 ( Phillip website) and a 3% dividend yield. Reasonable . Further Yongnam is NOT the only investor into this project. Also they do have other porjects in there pocket. Happy investing.
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Qanghoo
Supreme |
30-Oct-2014 08:11
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Whoever the person is I' m not bothered. But I don' t disagree with your speculation that it' s from the same template. Content-wise, I do not necessarily share the same views. To me, some arguments don' t seem convincing and some sound contradictory. Anyway, we can all debate till the cows come home, but only time will tell. A bit of my own thoughts - the PRC, one of the few communist countries remaining in the world today, has attracted a lot of varied and diverse businesses from around the world and no one seems worried of being nationalised although I had privately shared with friends that this is one risk that cld not be totally ignored. On the other hand, India, (one of the greatest showpieces of Asian democracy since 1947 that few, if any, will dispute) wld probably have no hesitation to impose curbs on foreign investments on its soil (may not necessarily go to the extent of full nationalisation to tip the risk-reward scale towards negativity) if it feels it in its national interests to do so - just ask some hig names in corporate America for their views abt investing in India. Above is my view only. Anyone can dispute it. Like I' ve always say, it' s a free world. But I hope I' m not being viewed as a narrow and naive investor just because I may not want to pass off the opportunity of partaking in the fruits of a seemingly lucrative 30-year concessionaire that has deliciously presented itself.
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edwinjup
Supreme |
30-Oct-2014 07:59
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Congrats but be cautious...strait times say the previous bid stumbled when the Myanmar govt agree on the amount it would pay if it terminated the contract before completion.....and no guarantee electrical and water supplies..so that why they opted out....
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