wow! yongtai is definitely one of the watched stocks now.
and if you guys notice, it's also one of the rhb small cap crown jewels stocks. especially recently with the hk-listed company-sino-haijing coming into picture to invest rm280 mil in yongtai for their impressions melaka project, i'm very much impressed with the whole idea of it!
for sino-haijing current market cap of HKD 454.72mil which is almost equivalent to their investment of RM280mil into yongtai, if it's not something that they are having fairly high confidence of success, why not they just invest in their own HK listed company instead? *if that makes sense.
Stock: [YONGTAI]: YONG TAI BHD
2016-04-22 11:52 | Report Abuse
wow! yongtai is definitely one of the watched stocks now.
and if you guys notice, it's also one of the rhb small cap crown jewels stocks.
especially recently with the hk-listed company-sino-haijing coming into picture to invest rm280 mil in yongtai for their impressions melaka project, i'm very much impressed with the whole idea of it!
for sino-haijing current market cap of HKD 454.72mil which is almost equivalent to their investment of RM280mil into yongtai, if it's not something that they are having fairly high confidence of success, why not they just invest in their own HK listed company instead? *if that makes sense.
it's also been highlighted in this blog: http://blog.huskyintel.com/yongtai-mr-boos-purchases.html
that the newly appointed ceo of yongtai has been accumulating yongtai himself as well. looks like a good sign. no?