Changes in Sub. S-hldr's Int (Section 138 of CA 2016) YONG TAI BERHAD
Particulars of substantial Securities Holder Name DATO' LEONG SIR LEY Name DOMAIN CAPITAL SDN BHD
No Date of change No of securities Type of Transaction Nature of Interest 1 13 Aug 2024 1,653,000 Name of registered holder Domain Capital Sdn Bhd
2 14 Aug 2024 4,370,000 Name of registered holder Domain Capital Sdn Bhd
3 15 Aug 2024 3,000,000 Name of registered holder Domain Capital Sdn Bhd
Indirect/deemed interest (units) 42,500,000 Indirect/deemed interest (%) 10.007 Total no of securities after change 42,500,000 Date of notice 15 Aug 2024
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) YONG TAI BERHAD
Particulars of substantial Securities Holder Name DATO' LEONG SIR LEY Name DOMAIN CAPITAL SDN BHD
No Date of change No of securities Type of Transaction Nature of Interest 1 13 Aug 2024 1,653,000 Name of registered holder Domain Capital Sdn Bhd
2 14 Aug 2024 4,370,000 Name of registered holder Domain Capital Sdn Bhd
3 15 Aug 2024 3,000,000 Name of registered holder Domain Capital Sdn Bhd
Indirect/deemed interest (units) 42,500,000 Indirect/deemed interest (%) 10.007 Total no of securities after change 42,500,000 Date of notice 15 Aug 2024
Financial Improvement: Yong Tai Berhad has shown significant financial improvement with a net income of RM5.95 million, up from a loss of RM21.8 million in the previous fiscal year. This turnaround is reflected in the company's ability to generate profit from its operations, which is a positive sign for investors.
Revenue Decline: Despite the improvement in net income, the company's revenue has decreased by 34% to RM81.0 million. This indicates a challenging market environment or a strategic shift by the company, which could be a factor to consider for investors.
Earnings Per Share (EPS): The EPS for the latest fiscal year is RM0.016, up from a loss of RM0.06 in the previous year. This suggests that the company is generating more profit relative to its share capital, which is a positive indicator for shareholders.
Profit Margin: The company's profit margin has improved to 7.3%, up from a net loss in the previous year. This indicates that the company can generate more profit from its revenue, which is a positive sign for its financial health.
Stock Performance: The stock performance of Yong Tai Berhad has been volatile, which is typical for penny stocks. The company's shares have seen an 11% increase in value, which could be attributed to the positive earnings report or market speculation.
In conclusion, Yong Tai Berhad's earnings report shows a company that has turned the corner from a loss-making position to a profitable one. While the revenue decline may raise some concerns, the improvement in net income, EPS, and profit margin are positive indicators for investors. However, the stock's volatility should be considered when making investment decisions.
Yong Tai Berhad's stock price is expected to experience a moderate upward movement. Here's an analysis based on the provided information
Recent Performance: Yong Tai Berhad has shown a significant increase, with a 25.00% rise compared to the previous week. This suggests a positive momentum that could continue, although it's important to note a recent --14.06 % fall over the last month.
Price Target and Analyst Ratings: The average target price for Yong Tai Berhad is MYR 0.16, with an upside/downside of MYR -0.1052. This indicates a potential for the price to rise but also suggests caution due to the negative upside/downside ratio.
Market Conditions: The company's market capitalization and volatility are relatively low, with a market cap of MYR 98.60 million and a volatility of 8.51% over the last 52 weeks. This typically implies a more stable market environment, which could support a gradual price increase.
Historical Trends: The stock has experienced a high of MYR 22.800 and a low of MYR 0.175, with a current price of MYR 0.2654. Historical trends suggest that the stock has the potential to move towards the higher end of its range, but significant gains are likely to be gradual rather than explosive.
Future Outlook: The company's business segments include property development and investment, with a focus on tourism-related properties. The tourism industry's recovery could provide a positive backdrop for the company's growth, potentially supporting the stock price.
In conclusion, while there is potential for Yong Tai Berhad's stock price to move higher, investors should anticipate a more measured rise given the current market conditions and historical trends. It's important to monitor the company's financial performance, market conditions, and any strategic developments that could influence the stock's trajectory.
The breakout price for Yong Tai Berhad (YONGTAI) is MYR 0.4351. This price is considered significant as it is the highest price target mentioned in the provided information. However, it is important to note that this price is based on historical data and market conditions, and it does not guarantee future performance.
Historical Breakout Price: The breakout price for Yong Tai Berhad is MYR 0.435. This price is considered significant as it is the highest price target mentioned in the provided information. However, it is important to note that this price is based on historical data and market conditions, and it does not guarantee future performance.
Market Dynamics: The current market conditions and the company's recent performance suggest that there is potential for the stock price to move toward this breakout price. However, it is important to consider the volatility of the market and the potential for unexpected events to impact the stock's performance.
Investor Sentiment: The sentiment around Yong Tai Berhad seems to be positive, with discussions indicating a potential for a rebound and a bullish outlook for the stock. This could contribute to the stock price moving towards the breakout price.
Technical Indicators: Technical indicators such as the stochastic RSI and MACD suggest a potential for the stock price to move upwards. This is supported by the stock's recent rebound from a higher low, which is considered a good sign for potential upward movement.
Company Fundamentals: It is important to consider the company's fundamentals, including its financial health, market position, and growth prospects. While Yong Tai Berhad has faced challenges, including legal disputes and financial losses, the company's strategic initiatives and the potential for growth in the tourism industry could support a move towards the breakout price.
In conclusion, while the breakout price of MYR 0.435 is a significant level for Yong Tai Berhad, it is important to consider the risks and uncertainties associated with stock market investments. Investors should monitor the company's performance, market conditions, and any news or events that could impact the stock's trajectory.
Notice of Person Ceasing (Section 139 of CA 2016) YONG TAI BERHAD Particulars of Substantial Securities Holder Name DATO' LEONG SIR LEY Name of registered holder DOMAIN CAPITAL SDN BHD Date of cessation 28 Aug 2024 No of securities disposed 29,500,000 Cessation as substantial shareholder due to disposal of shares Date of notice 30 Aug 2024
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.
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.
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.
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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....
notinside751
150 posts
Posted by notinside751 > 2024-08-13 14:29 | Report Abuse
come back to 0.20, i want to buy all..