YONG TAI BHD

KLSE (MYR): YONGTAI (7066)

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Last Price

0.185

Today's Change

-0.005 (2.63%)

Day's Change

0.185 - 0.19

Trading Volume

579,300


11 people like this.

11,044 comment(s). Last comment by TopKey 1 day ago

notrealBoo

388 posts

Posted by notrealBoo > 2024-09-06 20:41 | Report Abuse

yongtaufu...

tklim

3,204 posts

Posted by tklim > 2024-09-08 11:07 | Report Abuse

Yong Tai Berhad's (KLSE: YONGTAI) target price analysis-based Trade indicator suggests a bearish outlook for the stock in the short term, with a potential for a rebound in the medium term, and a stable long-term outlook. Here's a detailed analysis:

Short-term analysis (1-4 weeks):
The stock is currently forming a potential double-bottom pattern, which could indicate a reversal from a downtrend to an uptrend. However, the recent selling pressure and the stock's current oversold condition suggest that any potential upward movement may be limited in the short term. The stock's weekly volatility has increased from 10% to 15% over the past year, indicating higher market activity and potential price swings2.

Medium-term analysis (4-12 weeks):
The stock has made a first contraction from a 52-week high by 26.45%, followed by a 12.61% contraction. This suggests a potential rebound as the stock rebounds from higher lows. The recent unusual items that boosted the company's net profit by RM70m over the last year could influence the stock's performance in the medium term.

Long-term analysis (over 12 weeks):
The company's earnings per share (EPS) performance is affected by dilution, which means that the company's profits are spread across a larger number of shares, potentially reducing the value for each shareholder.

The stock's historical EPS growth is not significant, which may indicate a lack of strong fundamental growth that could sustain a long-term upward trend in the stock price.

The company's share price has been highly volatile over the past 3 months, which could be a concern for long-term investors.

In conclusion, while there is a potential for a short-term rebound based on the double bottom pattern, the long-term outlook seems stable but lacks strong growth indicators. The medium-term analysis suggests a possibility of continued volatility due to the increased volatility and the impact of unusual items. However, investors should consider the risks associated with the company's dilution and high volatility before making investment decisions.

tklim

3,204 posts

Posted by tklim > 2024-09-10 10:03 | Report Abuse

The safest price to buy Yong Tai Berhad (YONGTAI) on the next trading day would be within the range of MYR 0.265 to MYR 0.274.

This range is determined by the current analyst consensus and market conditions, reflecting a cautious approach to entry points.

Analyst Consensus:
The average target price for Yong Tai Berhad is MYR 0.16, with an upside/downside of MYR -0.10521. This indicates a potential for price appreciation from the current levels.

Recent Performance: Yong Tai Berhad's stock has shown a positive trend, with a recent increase of 3.92% to MYR 0.2651. This suggests that there is some momentum in the stock, which could continue into the next trading day.

Market Conditions:
The stock's price-to-sales (P/S) ratio is low, which could indicate that investors are expecting the company to underperform the industry23. However, the company's revenue growth has improved, which may mitigate this concern.

Risk Considerations:
It is important to note that there are some risks associated with Yong Tai Berhad, including dilution and unusual items impacting profitability67. These factors should be taken into account when determining the safest entry price.

Given these points, a price range of MYR 0.265 to MYR 0.274 would align with the current analyst consensus and market conditions, while also considering the risks associated with the stock. It is recommended to monitor the stock closely and adjust the position based on real-time market dynamics.

N4rc0t

103 posts

Posted by N4rc0t > 2024-09-12 17:09 | Report Abuse

when can climb back 0.30

notrealBoo

388 posts

Posted by notrealBoo > 2024-09-16 17:38 | Report Abuse

waiting RM1

tklim

3,204 posts

Posted by tklim > 2 months ago | Report Abuse

The breakout price for Yong Tai Berhad (YONGTAI) is expected to be MYR 0.4251. This price represents a significant potential upside from the current price of MYR 0.251. If and when Yong Tai Berhad's stock price reaches this breakout price, several factors could influence its subsequent movement:

Impact on Sentiment:
A breakout above the 0.425 price target could significantly boost investor sentiment, as it would indicate strong buying momentum and potentially signal a bullish trend. This could attract more investors and capital to the stock.

Technical Indicators:
The breakout price is often associated with technical indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), or Bollinger Bands. If the stock breaks out, it could indicate a positive trend, which these indicators might confirm.

Market Perception:
The market's perception of Yong Tai Berhad's prospects could improve if the stock price breaks out. This could be due to positive market buzz, industry trends, or company-specific news12.

Company Fundamentals:
It's important to consider the company's fundamentals, such as earnings, revenue, and profit margins. If the company's financial performance supports the price increase, the breakout could be more meaningful. However, if the company's fundamentals are weak, the breakout price might not be sustainable34.

Industry Trends:
The performance of the Real Estate industry in Malaysia, where Yong Tai Berhad operates, could influence the stock's movement. If the industry is performing well, the stock might benefit from industry trends45.

In conclusion, if Yong Tai Berhad's stock price breaks out above the 0.425 price target, it could be a positive signal for investors, potentially leading to increased investor confidence and a rise in the stock price. However, it's crucial to consider the company's fundamentals and the broader market context to assess the implications of such a breakout fully.

Posted by Dividend4You > 2 months ago | Report Abuse

just wait near 0.20

Posted by notinside751 > 2 months ago | Report Abuse

still got show?

Posted by biggie0000 > 2 months ago | Report Abuse

downfall start alrdy

Mar2083

890 posts

Posted by Mar2083 > 2 months ago | Report Abuse

Potentially may test 25sen next week

Posted by notinside751 > 2 months ago | Report Abuse

haha.

notrealBoo

388 posts

Posted by notrealBoo > 2 months ago | Report Abuse

lower day by day?

PaiKia

97 posts

Posted by PaiKia > 2 months ago | Report Abuse

run~~~~~~~~~~~~~~~~~~~~~~~~

Rocky Mass

4,833 posts

Posted by Rocky Mass > 2 months ago | Report Abuse

Not long ago consolidated.. now to be consolidated again... :(

Posted by notinside751 > 2 months ago | Report Abuse

0.27 impossible?

Posted by Justaboylearning > 2 months ago | Report Abuse

when Sangjero says Sell = Buy
when Sangjero says Buy = Sell

Michael Kwok

6,480 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Yong tai 21 cents
Early next month(nov),then consider.
17/10/24 12.36am

notrealBoo

388 posts

Posted by notrealBoo > 2 months ago | Report Abuse

rubbish. haha

Profit101

63 posts

Posted by Profit101 > 2 months ago | Report Abuse

0.27 possible but very long way

Posted by dangdang2020 > 2 months ago | Report Abuse

better wait below 0.20

Posted by Justaboylearning > 2 months ago | Report Abuse

when Sangjero says Sell = Buy
when Sangjero says Buy = Sell

notrealBoo

388 posts

Posted by notrealBoo > 1 month ago | Report Abuse

this rubbish still alive?

notrealBoo

388 posts

Posted by notrealBoo > 1 month ago | Report Abuse

number is good but drop?

Posted by Lalaking188 > 1 month ago | Report Abuse

tnggu masuk 0.20

Posted by Lalaking188 > 1 month ago | Report Abuse

tnggu masuk 0.20

mf

29,385 posts

Posted by mf > 1 month ago | Report Abuse

U.S. key Fed inflation rate hits 2.1% in September, as expected

PaiKia

97 posts

Posted by PaiKia > 1 month ago | Report Abuse

run~~~~~~~~~~~~~~~~~~~~

Posted by notinside751 > 1 month ago | Report Abuse

time to up

TopKey

61 posts

Posted by TopKey > 1 month ago | Report Abuse

yup time to go up!

flydelta

177 posts

Posted by flydelta > 1 month ago | Report Abuse

Time to fly to HOLLAND...

notrealBoo

388 posts

Posted by notrealBoo > 1 month ago | Report Abuse

RCPS RM1, but share price dropped to RM0.20

PaiKia

97 posts

Posted by PaiKia > 1 month ago | Report Abuse

run

YT8170C

114 posts

Posted by YT8170C > 1 month ago | Report Abuse

who dare to buy

sangjero

656 posts

Posted by sangjero > 1 month ago | Report Abuse

long term RM30.00

notrealBoo

388 posts

Posted by notrealBoo > 1 month ago | Report Abuse

i sell you RM3 now ok?

mf

29,385 posts

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

43,078.66

-310.94

0.71%

Nasdaq

NASDAQ Composite

18,714.36

-77.44

0.41%

N4rc0t

103 posts

Posted by N4rc0t > 1 month ago | Report Abuse

0.15 coming

FhizzK

27 posts

Posted by FhizzK > 1 month ago | Report Abuse

No eye see

N4rc0t

103 posts

Posted by N4rc0t > 2 weeks ago | Report Abuse

Drop like flies

notrealBoo

388 posts

Posted by notrealBoo > 2 weeks ago | Report Abuse

such a rubbish

flydelta

177 posts

Posted by flydelta > 2 weeks ago | Report Abuse

who want to sapu rubbish? too many rotten...

Posted by biggie0000 > 2 weeks ago | Report Abuse

cant even push up 0.20 gg

Posted by SuperTrump69 > 1 week ago | Report Abuse

Lol result so bad, who would sapu

notrealBoo

388 posts

Posted by notrealBoo > 5 days ago | Report Abuse

cut kuku if can hit 0.3 this month.

flydelta

177 posts

Posted by flydelta > 4 days ago | Report Abuse

PN......17, 0.17

AlanToast

55 posts

Posted by AlanToast > 3 days ago | Report Abuse

operator also lazy goreng yongtai now

sangjero

656 posts

Posted by sangjero > 2 days ago | Report Abuse


https://klse.i3investor.com/mqtrader/app/fa/price_target/7066

NO WORRIES...SAPPUUUUUUUUUU

TIME TO GO IN.....

Support: 0.17/0.15 | Resistance: 0.19/0.21
=====================================


0.24
0.29
0.35
0.42
0.49
0.57
0.69

WARRANT ALREADY START PLAYING

notrealBoo

388 posts

Posted by notrealBoo > 2 days ago | Report Abuse

wow this rubbish still dropping

sangjero

656 posts

Posted by sangjero > 1 day ago | Report Abuse

yum...yum...nice....

TopKey

61 posts

Posted by TopKey > 1 day ago | Report Abuse

0.15 then i buy

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