YNH PROPERTY BHD

KLSE (MYR): YNHPROP (3158)

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Last Price

0.45

Today's Change

0.00 (0.00%)

Day's Change

0.445 - 0.45

Trading Volume

633,100


4 people like this.

831 comment(s). Last comment by Bmw X5 1 day ago

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Quek boleh tapau semua syer Dr yu dalam HLCap & ynh sekaligus kini :)

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Bila pengumuman duit dah diterima, up gila nanti hahaha

On Jan 29, 2024 however, it announced that its subsidiary, D'Kiara Place Sdn Bhd, signed a sale and purchase agreement on Jan 26, 2024 with Sunway REIT trustee, RHB Trustees Bhd, for the sale of the shopping centre to Sunway Real Estate Investment Trust for RM215 million.

YNH Property said it is selling 163 Retail Park for a lower disposal price because further extensions on the deal with ALX Asset could further delay the receipt of the proceed from the disposal of 163 Retail Park as compared with a direct sale to the Sunway group.

The company also said that it did not pursue the sale of AEON Seri Manjung after funding issues arose with ALX Asset. D'Kiara Place and ALX Asset had not entered into a SPA for the deal.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Opportune time for quek to acquire HLCap shares owned by Yu brothers and also ynh prop together

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

The synergy between Hong Leong Properties and YNH Property Berhad could potentially arise from shared resources, market expertise, and the ability to leverage each other's strengths. Collaborative ventures may lead to more diversified portfolios, increased market presence, and improved competitiveness in the real estate industry.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Boleh tengok balik the motivations of Quek to acquire Dr. Yu's stake in HL Capital Berhad. Corporate acquisitions can be driven by various factors such as strategic alignment, expansion plans, or gaining control of valuable assets. To understand the specific reasons behind Quek's decision, it would be necessary to refer to official statements, press releases, or news articles from reliable sources that provide insights into the details of the acquisition.

Mau buat duit je, tak peduli, deal nanti

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Yu brothers masih kaya, just stay calm, stay invested... Dah bottom out~50sen kini hehe

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Just kutip dari retailers cash poor yg main kontra. ROI lumayan kelak

cg14134

500 posts

Posted by cg14134 > 1 month ago | Report Abuse

R u high on drug or something lol?

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

ramai traders mau harga ynh turun tetapi ia sudah mantap, usah berharap ia akan merosot lagi hehe

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

FINANCIAL HIGHLIGHTS
FIVE YEARS FINANCIAL HIGHLIGHTS
359,460,256
366,008,628
263,126,137
231,277,909
307,516,997
400
RM (Million)
350
300
250
200
150
100
50 2018 2019 2020 2021 2023
Revenue
Year
26,361,353
59,930,500
16,942,162
34,662,631
20,416,799
90
RM (Million)
70
80
50
60
30
40
0
20
2018 2019 2020 2021 2023
Profit before tax
Year
6.41
2.97
(2.61)
(0.53)
(6.10)
30
Sen
15
10
5
- 5
0
Earnings per share (Basic)
2018 2019 2020 2021 2023
Year
2,215,708,785
2,332,913,039
2,479,664,978
2,466,686,057
2,481,962,392
RM (Million)
2.0
2.2
2.4
2.5
1.8
1.6
1.4
1.2
1.0
0 2018 2019 2020 2021 2023
Total assets
Year
Dividend pay out 9,638,402 13,212,194 NIL
NIL
NIL
RM (Million)
50
60
70
80
40
30
20
10
0 2018 2019 2020 2021 2023
Year
2018 2019 2020 2021 2023
(18 months)

Revenue (RM) 359,460,256 366,008,628 263,126,137 231,277,909 307,516,997
Profit before tax (RM) 26,361,353 59,930,500 16,942,162 34,662,631 20,416,799

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Year 2018 to 2023(18 months)
Total assets (RM) 2,215,708,785 2,332,913,039 2,479,664,978 2,466,686,057 2,481,962,392
Dividend pay out (RM) 9,638,402 NIL 13,212,194 NIL NIL

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

YNH PROPERTY BHD Registration No: 200101026228 (561986-V)
Annual Report 2023
Dear Valued Shareholders,
On behalf of the Board of Directors of YNH Property Berhad, it is my honour to present to you the Annual Report
and Audited Consolidated Financial Statements of the Company and its subsidiaries (“Group”) for the financial
period ended 30 June 2023.
During the financial period, YNH continued to build on the growing township development in Manjung District,
Perak for stable revenue contribution, while The OOAK serviced apartments and The OOAK Suites of Kiara 163 and
Solasta Dutamas also contributed to our earnings. The Group’s FY2023 revenue (18 months) is RM307,516,997
while profit before taxation is RM20,416,799.

yongyong88

355 posts

Posted by yongyong88 > 1 month ago | Report Abuse

ADAKAH SC ATAU MACC SEDANG MENYIASAT YNH? SOALAN DARI THE EDGE. ADAKAH SESIAPA MEMPUNYAI MAKLUMAT LANJUT??

Birdie

55 posts

Posted by Birdie > 1 month ago | Report Abuse

30 cents ?

yongyong88

355 posts

Posted by yongyong88 > 1 month ago | Report Abuse

KUALA LUMPUR (Feb 24): YNH Property Bhd’s RM1.1 billion investment in numerous property development joint ventures (JVs) over the years has drawn much public scrutiny in recent months.

While it is common for property developers to enter into JVs to expand their reach, it is not as common to put a huge amount of capital into ventures in which they do not have full equity ownership.

In YNH’s case, the investments in JVs are huge relative to its cash holdings of RM16.8 million as at Sept 30, 2023. Of particular interest was the 5.098 acres of land situated in Desa Sri Hartamas, involving deposits of RM239.5 million.

Those closely tracking the real estate developer would have noticed the series of queries raised by the stock exchange on the Desa Sri Hartamas land, which YNH had planned to sell to the Sunway group but remains as an open-air car park in a prime location today.

What insights can be drawn by taking a closer look at YNH’s stock exchange filing, alongside public records with the land office as well as Companies Commission Malaysia?

What does YNH have to say on questions sent to them by The Edge?

Read about this and more in the Feb 26, 2024 issue of The Edge Malaysia weekly. Pick up a copy at newsstands.

Save by subscribing to us for your print and/or digital copy.

titan3322

2,186 posts

Posted by titan3322 > 1 month ago | Report Abuse

Kakakaka 35 sen coming lor !

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

tak suka ynh, beli chhb

Rm2.39 NBV bagi chhb... Ynh pun kalah rm2.19

th3m1s

44 posts

Posted by th3m1s > 1 month ago | Report Abuse

not bottom yet..

yongyong88

355 posts

Posted by yongyong88 > 1 month ago | Report Abuse

For property if you want go for safer bet, go for matrix, consistent dividend, stable uptrend or/and spsetia. If you want your heart to beat very fast, sweat profusely and don't want a peaceful night, buy ynh

Posted by Investman1981 > 1 month ago | Report Abuse

Good123, why keep good word on ynhp? Now hit 47c already. Look really trouble now. I hold these shares at 30% loss paper.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Is CHHB a better value buy? hehe

CHHB's NTA @RM2.09 current price~24sen vs YNH's NTA @RM2.19 current price~48sen

th3m1s

44 posts

Posted by th3m1s > 1 month ago | Report Abuse

Once you in, they will dump to you

abcb

2,802 posts

Posted by abcb > 1 month ago | Report Abuse

YNH says it is not aware of investigations by authorities

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Isn't it AGAINST THE LAW to be force-SOLD by banks & not to declare a single change in interest since the big selldown??? By right, the crooked doctor should have been sold down to less than 30% going by the price action & volume...

albertyek

447 posts

Posted by albertyek > 1 month ago | Report Abuse

told you all to get the hell out..really no brainer PN17 stock

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

wow, nasib baik rebound balik dari 41sen .. kini 46sen jugak

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Ynh stock has higher risk and higher return; on the other hand, KAWAN stock has stable dividend and lower share price volatility. Consider your risk appetite and holding power. Hope you are not a trader/


@Investman1981

Good123, why keep good word on YNHP? Now hit 47c already. Looks really troubled now. I hold these shares at a 30% loss.

22 hours ago

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

today, ynh fell due to further unfavourable news/ kesian!


No wonder , bad news. Opt for chhb instead

www.klsescreener.com/v2/news/view/1289943

www.klsescreener.com/v2/news/view/1289935

Posted by lookseeaje > 1 month ago | Report Abuse

Good123, is the share price bottoming out already or what further downside to expect?

Posted by Investman1981 > 1 month ago | Report Abuse

There fews news said chhb get sued by banks for default loan. Even assets but mostly hard to get buyer like exhibition hall and hotels. Ynhp i still worry if you look at sales RM14 m Oct to Dec 2023.
As developer based on sales really no business after deduct rental income from two Malls

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

As highlighted by the articles, investors are waiting for the deal with sunway to be successful and also the JVs are carried out timely. Impossible to tell the exact bottom out price as it depends on the stated matters to unfold, etc.

Diversification is key, don’t put all eggs in one basket. Good luck.

@lookseeaje
Good123, is the share price bottoming out already or what further downside to expect?
13 hours ago

Noni

668 posts

Posted by Noni > 1 month ago | Report Abuse

How are Yu ?

albertyek

447 posts

Posted by albertyek > 1 month ago | Report Abuse

YNH is a basket case whichever egg you put in always ends up cracked

Posted by Investman1981 > 1 month ago | Report Abuse

I give up all at ynhp shares at 47.5 yesterday.

Weng73

17 posts

Posted by Weng73 > 1 month ago | Report Abuse

Yu Kuan Huat, Yu Kuan Chon and Chan Weng Fui all on imigresen blacklist. Verify youself at sspi.imi.gov.my/sspi/

Weng73

17 posts

Posted by Weng73 > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1289943/cover-story-ynh-says-it-is-not-aware-of-investigations-by-authorities

Not aware of investigasi but all on imigresen blacklist and all YNH land put kaveat. Liars!

gmsyhy88

16 posts

Posted by gmsyhy88 > 1 month ago | Report Abuse

Good news!! New external auditor appointed.. really hope more good news and price goes up higher!! pray pray -.-

https://www.nst.com.my/business/corporate/2024/03/1027785/ynh-property-appoints-morison-lc-malaysia-external-auditor

titan3322

2,186 posts

Posted by titan3322 > 1 month ago | Report Abuse

Aiyah people inside the jail also can conduct business lah !

Medusa

537 posts

Posted by Medusa > 1 month ago | Report Abuse

BAD NEWS

Same new external auditor

RUNNNNNNNNNNNNNNNNNNNNNNN

Kikiki…

Over at Rapid Synergy, KPMG had flagged in November that its financial statements for FPE2023 provided insufficient disclosures and evidence over a RM4.43 million rental income, a RM2.32 million gain from the disposal of property, and deposits paid for the acquisition of properties.

Later that same month, Rapid Synergy's shareholders voted against the reappointment of KPMG as the group's auditor. On Monday, Rapid Synergy announced Morison LC PLT as its new external auditor.

titan3322

2,186 posts

Posted by titan3322 > 1 month ago | Report Abuse

Of course lah Lawan taukey !

fortunefire

1,360 posts

Posted by fortunefire > 1 month ago | Report Abuse

still got people goreng here

newbie9893

1,881 posts

Posted by newbie9893 > 1 month ago | Report Abuse

limit up today?

pinetree88

300 posts

Posted by pinetree88 > 1 month ago | Report Abuse

Saw the hourly chart looks decent for a bounce. Bought today 0.505.

titan3322

2,186 posts

Posted by titan3322 > 1 month ago | Report Abuse

That is more than 10% gain today. Gloves stocks also cannot get this kind of returns in a day 😄

Weng73

17 posts

Posted by Weng73 > 2 weeks ago | Report Abuse

等待橙色连身裤

yongyong88

355 posts

Posted by yongyong88 > 2 weeks ago | Report Abuse

waiting for below 0.40...

Posted by Hippopotamuska > 2 weeks ago | Report Abuse

Me too, waiting. But I guess the chances are near to impossible.

hcthey

224 posts

Posted by hcthey > 3 days ago | Report Abuse

Today the share reached the lowest at 44 cts, buy now and hold it for some times, you will get good fortune and big angpau. From the highest at about 5 doolars plus to the lowest at forty over cents, is a golden opportunity to buy in now. it is cheap. and its NTA is TWO dollars plus.

Bmw X5

7,565 posts

Posted by Bmw X5 > 1 day ago | Report Abuse


YNH ....moving 4ward
https://theedgemalaysia.com/node/709220

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