Ths company so funny. Offering ESOS RM0.125 but market price rm0.12. I guess the share is coming up soon and the staff can exercise ESOS and sell it. :-)
I can't remember the conversion price for YFG-WA, I think around 0.11 ~ 0.13. So, u think is a good buy??? But (always have both), this WA goes to 0.19 ~ 0.20 before, so difficult to predict. I would said if Mother share reached 0.20, i think WA should be around 0.11 ~0.13. ;)
1. in the news link, the boss did mention no deal on table yet. their Olives Subang condo also not doin well, many units cannot sell.
2. their renewable energy biz. the biomass generation plant in Bera, Pahang, project owner is a company called Agni Power. I found a link that accuse this company very bad, cheat contractor cheat employee. and they held alot of stocks and exposure in this company.
3. YFG company lose massive money few years back, these few Q seem a turnaround. Got MRT project etc. Government high profile project also comes with Hi Risk. Binapuri get LRT project also the stock price down.
4. Good side is, this new MD seemed like able to turn around things. re-structure their debt, issue new stock to pay up bank. turn back company to black, no easy task.
This company seemed like a high flyers. but company depending on projects very seasonal and volatile. Ho Hup, Gamuda, Binapuri all has its high and lows. one screw up in any projects can wipe out entire earning and end up owing bank money.
if market environment stable, i might have buy it for medium term, but at volatile market now, too risky to keep any stock for longer term. now all talking bout hit n run but this stock keep slumbering
personal opinion la. now alot of ppl including myself tends to wait and see, prefer to go for hit and run stock. i am interested to this counter but i think need to keep untill dun know when. also not sure if their earning is sustainable. dun dare to keep stock for long run at the moment. i feel, since it is so cheap, and the market cap also relatively cheap, so worth consider to buy base on its undervalue.
anyway, i juz found out today before this current MD, the previous MD was the deputy Finance Minister, Donald Duck.
Thank you to Telecaster. Good info. Donald Duck is now on the Board of Nagamas. That also a loss making company. He said he is coming to clean up the company.
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3141 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Risk Trader
3,942 posts
Posted by Risk Trader > 2013-02-11 21:39 | Report Abuse
This counter can buy and hold....up trend begin