most broker advised their clients to stop trading/open position until the "dust have fully settled" from the series of LD. Operators plan to scam another round from greedy bilis looking for rebound.
Posted by smartinvestor90 > 4 hours ago | Report Abuse
News from insider...they will push this counter LU today..Today 1st day volume in...it will follow JSB...Tommorow (2nd day) will be the real big movement- potential another 30% if you enter today..see to believe it
Already warned ppl till my face is blu about the DANGER of this stock yet the warehousers/Yu sindiket/bankers dangle 20 mil to goreng up a little & manage to nab ppl's $$$ to patch big billion$ HOLE in their accounts!
YNH has parcels of land that are tangible. There is value to the company and unless Dr Yu arms himself with loads of cash to mop up the shares, another party may take over the reins.
YNH got land? Premium land somemore? wait for auditor to verify first... last time, Serba also got alot of 'contracts' and assets. In the end.... becomes 0
$1.3 balance sheet billion debt PLUS hidden 'joint venture' liabilities PLUS directors su(kking co. dry with exorbitant undeserved fees...offsets all its so-called premium land( one of which is an ugly uneven piece of jungle next to Menara Haw Par)...ZERO fair value.
Ching said YNH remains optimistic on the outlook of the property sector in Malaysia and expects to continue to receive rental income of approximately RM6.4mil per annum from its current properties located in Perak.
“Our on-going property development projects including Solasta Dutamas and future property development project located in Genting Highlands, are also expected to contribute positively to our group’s financial performance in the foreseeable future,” he added.
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YNH is expected to record a pro forma net gain of approximately RM61mil from the proposed disposal exercise, which is expected to improve its net assets and earnings.
Proceeds of the disposal will be utilised for repayment of bank borrowings and working capital requirements of the group as well as to pay for the said proposed disposal exercise.
YNH had earlier disclosed that the total cash consideration of RM422.5mil consists of the disposal of Kiara 163 Retail Park for RM270.50mil and AEON Seri Manjung for RM152mil.
STARPICKS Maximise your EPF savings with voluntary... The two assets will be satisfied by ALX entirely in cash, through the issuance of medium-term notes under a proposed asset-backed medium-term-notes programme of up to RM500mil in nominal value
the selling on the kiara mall was proposed few years back with related party.... did it materialise ? is it the same as the current one mentioned by them today? seems shady...
glad to have a chance to own KLCC and Genting highland land finally. please drop further tmw so their competitors can come n sapu them. Great fire sale !
PETALING JAYA: YNH Property Bhd has received offers from interested parties to purchase the group’s retail shopping mall at Mont Kiara, Kuala Lumpur.
In a filing with Bursa Malaysia, the property developer, in a reply to an unusual market activity inquiry from Bursa Malaysia, said the commercial property sits on a six-acre land.
It said it expects to finalise the selection decision within one month.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bose00
1,079 posts
Posted by bose00 > 2024-01-23 16:32 | Report Abuse
so volatile ~ buy this share has to monitor every sec/mins/hour