YNH PROPERTY BHD

KLSE (MYR): YNHPROP (3158)

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Last Price

0.485

Today's Change

+0.035 (7.78%)

Day's Change

0.455 - 0.50

Trading Volume

20,842,200


4 people like this.

835 comment(s). Last comment by GrowthCapitalist 1 hour ago

rohank71

828 posts

Posted by rohank71 > 2024-01-21 15:57 | Report Abuse

this is so scary. is this legal?

Income

10,345 posts

Posted by Income > 2024-01-21 16:37 | Report Abuse

Legal sharks

ks55

3,502 posts

Posted by ks55 > 2024-01-21 17:09 | Report Abuse

These two Dato Dr Yu as Executive Chairman and Dato Yu as Managing Director already took more than rm 15 million as Director's fees and salaries. Worst still is this woman Datin Chan Sow Keng as Alternate Director (alternate to which Dato?) also got rm 2.6 million pay. She was not listed as a Director and no profile given. She was also not stated any relationship with the other two Dato's in the Annual Report. Who is this woman?

Alternate Director
Datin Chan Sow Keng rm 2,605,000

MG9231

770 posts

Posted by MG9231 > 2024-01-21 17:49 | Report Abuse

Doctor frying shares ,finally hands got burnt.

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-21 19:13 | Report Abuse

Movie playing tomorrow on my desktop screen: "How to Fry a Doctor to a Crisp" aka Predator turns Prey by IB Warehouse Productions.

Signal

186 posts

Posted by Signal > 2024-01-22 08:40 | Report Abuse

to 0.555 limitdown

Signal

186 posts

Posted by Signal > 2024-01-22 08:54 | Report Abuse

monitor operator buy makan makan volume besar dekat 0.555 untuk buat rebound hijau !

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-22 08:56 | Report Abuse

Almost 40 mil Q-ing to escape... 14 mil in Rapid @ limit DOWN...NO ESCAPE for most of them(Yu sindiket)! Tomorrow hv to Q again @ 25.5c & pray to tokong. Lesson is : DON'T CHEAT...Bad Karma! Steal $1 billion, pay back $1.2 billion & peace of mind! Resist temptation to gamble & don't touch or you'll be rescuing this robber sindiket!!!

Signal

186 posts

Posted by Signal > 2024-01-22 09:01 | Report Abuse

0.555 makan makan rebound !

Signal

186 posts

Posted by Signal > 2024-01-22 09:01 | Report Abuse

siap sedia jadi billionaire !

Signal

186 posts

Posted by Signal > 2024-01-22 09:02 | Report Abuse

kurang kurang naik atas 0.600

Signal

186 posts

Posted by Signal > 2024-01-22 09:04 | Report Abuse

bukan susah pun nak jadi billionaire !

Signal

186 posts

Posted by Signal > 2024-01-22 09:08 | Report Abuse

kemon limit up !

Signal

186 posts

Posted by Signal > 2024-01-22 09:15 | Report Abuse

tidur dulu lah sedar sedang petang dah limit up !

gohkimhock

2,946 posts

Posted by gohkimhock > 2024-01-22 09:24 | Report Abuse

@Signal bangun terus dah jadi billionaire. haha..

MOBAjobg

298 posts

Posted by MOBAjobg > 2024-01-22 09:48 | Report Abuse

The Insiders will grab up “cheap sales” shares when its stock price makes sense.
I didn’t bother to calculate its NTA worth however I’ve done so for RAPID stock.
Glancing roughly the relevant figures to perform NTA values are not so straight forward for YNHPROP stock with my eyes and mind, came up with in excess of rm1.00.

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-22 10:00 | Report Abuse

Another 70-100 mil more margin shares AT LEAST left to be force-SOLD! Don't touch! Tied @ the hip to Rapid which has several more limit-DOWNs to go...they are luring ppl to chase so as to DUMP!

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2024-01-22 10:02 | Report Abuse

Retailers no bullet? Max 55k myr only?

zoizai

1,297 posts

Posted by zoizai > 2024-01-22 10:17 | Report Abuse

Next Serbadk ?

MOBAjobg

298 posts

Posted by MOBAjobg > 2024-01-22 10:42 | Report Abuse

NTA and net asset per share is rm2.23 and rm2.26 respectively as shown in its current Financial Statement on Page 4.
I’m able to use a calculator to compute its net asset per share but its NTA worth eludes me, lol.

MOBAjobg

298 posts

Posted by MOBAjobg > 2024-01-22 10:51 | Report Abuse

In hindsight, I’ve managed to derive and match its NTA worth after using a calculator.
After I drank a cup of hot chocolate, my brain had a boost of energy and spotted “goodwill on consolidation” that must be subtracted in the formula.

ks55

3,502 posts

Posted by ks55 > 2024-01-22 10:56 | Report Abuse

It is just 4 sen away from limit down price. If is again close at 55.5 sen, there will be no escape for those still holding to the share.

Simply the Directors are not trustworthy. Prepaid Joint Ventures most probably already gone. Even an unknown woman was paid 2.6 million for sleeping at home. Who is that woman?

Chellons

47 posts

Posted by Chellons > 2024-01-22 11:02 | Report Abuse

Painfull to see this

autoven

240 posts

Posted by autoven > 2024-01-22 11:07 | Report Abuse

LD

Signal

186 posts

Posted by Signal > 2024-01-22 11:08 | Report Abuse

operator masih mahu kutip kutip harga murah

junclj

225 posts

Posted by junclj > 2024-01-22 11:12 | Report Abuse

banker sudah lari, wont goreng up in short time already. Dont waste your time, just go find next counter. Malaysia stock never follow the rules of whether they profit or loss company. The stock price is just manipulated by bankers.

MacDee34

232 posts

Posted by MacDee34 > 2024-01-22 11:19 | Report Abuse

You cannot simply trust everything in the financial statement. It's got issues, lah. The Auditors, they cannot confirm if these "JV" deals listed as assets in the balance sheet are of any real value. You need to remove 1.1B in assets from the balance sheet before you start analyzing the numbers. If not, you'll definitely make a mistake in your calculations. Also, you should know that most of the debt facilities, including the bonds, are defaulted and are just waiting for foreclosure or to be frozen. The assets that the management is claiming are not legitimate, as confirmed by the auditors. Yu Kuan Huat, Yu Kuan Chon, and Daniel Chan are all going to be held responsible for all these dodgy assets. This situation has really affected the whole market, lah. These three are going to have a tough time explaining themselves to the lenders and those who depended on them. Really, I wouldn't want to be in their shoes.

MOBAjobg

298 posts

Posted by MOBAjobg > 2024-01-22 11:23 | Report Abuse

Dr Yu is the Chairman and Executive Director of this unscrupulous and untrustworthy company means that nothing he does can be truthful.
Game over.

ks55

3,502 posts

Posted by ks55 > 2024-01-22 11:56 | Report Abuse

Number of share subjected to forced selling is between 240 million to 300 million. New owner will emerge. First thing to do for new owner is to stop all contracts/ agreements entered by 'previous owners'. Conduct a forensic auditing. Make sure no cash/ liquid assets are transferred out. Freeze all bank accounts. Freeze all movement of staff in and out from company's premises for a week to facilitate transfer of books and proper handing over.

ks55

3,502 posts

Posted by ks55 > 2024-01-22 12:04 | Report Abuse

Whether you like it or not, today's closing will be at limit down price........

azfar8

892 posts

Posted by azfar8 > 2024-01-22 12:16 | Report Abuse

other places has already sign to fight, this one no sign. maybe it really is game over?

Posted by BursaVulture > 2024-01-22 12:53 | Report Abuse

HL boss Quek must be laughing....

Birdie

55 posts

Posted by Birdie > 2024-01-22 13:01 | Report Abuse

Where is the bottom ?

paulthesotong

2,467 posts

Posted by paulthesotong > 2024-01-22 13:07 | Report Abuse

Many like to eat halfdone Wagyu steak!

fortunefire

1,362 posts

Posted by fortunefire > 2024-01-22 13:48 | Report Abuse

game over?

thundery

278 posts

Posted by thundery > 2024-01-22 13:55 | Report Abuse

Prepare to be taken over by big buaya, as its has some valuable lands under it

mansaham1972

1,197 posts

Posted by mansaham1972 > 2024-01-22 13:57 | Report Abuse

Tq ynh,dua kali buat duit masuk limit down dan jual 595 hahaha

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-22 14:11 | Report Abuse

Last time called TechnoAsia, insolvent & backdoor listing for YNH. B4 that, called Westmont Ld Asia which went banklap & suspended in 2001. Before that was called Wing Teik, which went banklap in the same way as Repco, MCL etc in 1998:

Wing Teik to Get Cash Infusion After Failing to Pay Bank Loans
By Leslie LopezStaff Reporter of The Wall Street Journal
Dec. 12, 1997 12:01 am ET


"KUALA LUMPUR, Malaysia -- Shareholders of troubled Malaysian steelmaker Wing Tiek Holdings Bhd., led by businessman Datuk Joseph Chong, plan to inject 100 million ringgit (27.2 million U.S. dollars) into the company in a bid to keep its nervous bankers at bay.

In the first clear sign that Malaysian banks are starting to squeeze corporate Malaysia in the growing financial crisis, Wing Tiek said late Wednesday that it has appointed independent accounting firm Arthur Anderson to help restructure the company after it had failed to meet loan payments totaling 15 million ringgit owed to Deutsche Bank (Malaysia) Bhd. and state-owned Bank Bumiputra Merchant Bankers Bhd. The announcement came two days after Rating Agency of Malaysia Bhd. said Wing Tiek had defaulted on loans with unspecified banks...." Their chosen accountant Arthur Andersen famously collapsed due to a HUGE ACCOUNTING SCANDAL in 2001. You all know the saying about a leopard & its spots...

xiaoeh

2,140 posts

Posted by xiaoeh > 2024-01-22 14:17 | Report Abuse

good sharing Dompeilee

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-22 14:22 | Report Abuse

😉 Learn from big lessons in life never to repeat again & also so that other ppls' monie$ don't go into the pockets of crooks who have bottomless greed for $$$

Good123

24,757 posts

Posted by Good123 > 2024-01-22 14:54 | Report Abuse

CCHB: net assets per share ~RM2.40, YNH ~ RM2.20

Market price for CCHB 30sen, YNH 58sen.... CCHB lebih berbaloi ka? hahaha

ks55

3,502 posts

Posted by ks55 > 2024-01-22 15:04 | Report Abuse

At least CCHB has plenty of land in good location, in Bukit Jalil growth triangle.

zhen wei & JP

1,169 posts

Posted by zhen wei & JP > 2024-01-22 15:12 | Report Abuse

4.45pm

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-22 15:24 | Report Abuse

Too RISKY to punt until sister co. Rapid at least has hope of stabilising, which it likely won't do until another 3 limit DOWNs at least...

Rose001

37 posts

Posted by Rose001 > 2024-01-22 15:26 | Report Abuse

limit down again omg!

Posted by mohdshareef > 2024-01-22 15:38 | Report Abuse

@ks55 Datin Chan Sow Keng is wife of Yu Kuan Chon

Posted by mohdshareef > 2024-01-22 15:44 | Report Abuse

big volume trading today, almost half of ynh gone. be careful with this counter until you know who is buyer. might be scammer yu family is buying they're own shares and take everyone for a fool

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-22 15:44 | Report Abuse

I already predicted way back in 2019 that Quek LC would get his revenge on this fish-frying doctor...🤣 He probably knew the warehousers & found out about his enemy's precarious margined position & helped set off the AVALANCHE of selling...

ks55

3,502 posts

Posted by ks55 > 2024-01-22 15:52 | Report Abuse

Posted by mohdshareef > Jan 22, 2024 3:38 PM | Report Abuse

@ks55 Datin Chan Sow Keng is wife of Yu Kuan Chon



So Yu Kuan Chon is getting rm 10.1 million Director's fees instead of 7.5 million. Alternate Director's fees are taken from its principal Director. Check how much CEO of Crescendo paid. Check how much former Executive Chairperson of Plenitude was paid. All these two companies are much larger and more profitable than YNH!

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