YONG TAI BHD

KLSE (MYR): YONGTAI (7066)

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Last Price

0.19

Today's Change

-0.005 (2.56%)

Day's Change

0.19 - 0.195

Trading Volume

530,200

Overview

Market Cap

82 Million

NOSH

429 Million

Avg Volume (4 weeks)

730,495

4 Weeks Range

0.19 - 0.21

4 Weeks Price Volatility (%)

0.00%

52 Weeks Range

0.19 - 0.425

52 Weeks Price Volatility (%)

0.00%

Previous Close

0.195

Open

0.195

Bid

0.19 x 490,500

Ask

0.195 x 337,600

Day's Range

0.19 - 0.195

Trading Volume

530,200

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#1] | 27-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 23-Feb-2025

T4Q P/E | EY

9.57 | 10.45%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.64 | 0.30

T4Q NP Margin | ROE

11.24% | 3.12%

Market Buzz
Company Profile

Sector: PROPERTY

Sector: PROPERTY

Subsector: PROPERTY

Subsector: PROPERTY

Description:

Yong Tai Bhd, through its subsidiaries, is engaged in the development of residential and commercial properties. The group has two reportable segments: Property development and Dyeing. Property development segment includes the development of residential and commercial properties; Dyeing segment is engaged in manufacturing and dyeing of fabric and related products. The company derives most of its revenue from Property development segment.

Discussions
11 people like this. Showing 50 of 11,038 comments

tklim

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.

2024-09-03 18:18

marcelle5

Tomorrow round 2 !!!!

2024-09-03 18:23

tklim

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.

2024-09-03 18:28

whistlebower99

FOR NEWBIES

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

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3480440

https://www.klsescreener.com/v2/stocks/view/7066/yong-tai-berhad

===============
Take note disposal of shares by substantial shareholder

2024-09-04 09:52

notinside751

breakout 0.43? when rm1?

2024-09-04 11:29

biggie0000

yongtai season

2024-09-05 17:04

notrealBoo

yongtaufu...

2024-09-06 20:41

tklim

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.

2024-09-08 11:07

tklim

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.

2024-09-10 10:03

N4rc0t

when can climb back 0.30

2 months ago

notrealBoo

waiting RM1

2 months ago

tklim

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.

2 months ago

Dividend4You

just wait near 0.20

2 months ago

notinside751

still got show?

2 months ago

biggie0000

downfall start alrdy

2 months ago

Mar2083

Potentially may test 25sen next week

2 months ago

notinside751

haha.

2 months ago

notrealBoo

lower day by day?

1 month ago

PaiKia

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

1 month ago

Rocky Mass

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

1 month ago

notinside751

0.27 impossible?

1 month ago

Justaboylearning

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

1 month ago

Michael Kwok

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

1 month ago

notrealBoo

rubbish. haha

1 month ago

Profit101

0.27 possible but very long way

1 month ago

dangdang2020

better wait below 0.20

1 month ago

Justaboylearning

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

1 month ago

notrealBoo

this rubbish still alive?

1 month ago

notrealBoo

number is good but drop?

1 month ago

Lalaking188

tnggu masuk 0.20

1 month ago

Lalaking188

tnggu masuk 0.20

1 month ago

mf

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

1 month ago

PaiKia

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

1 month ago

notinside751

time to up

1 month ago

TopKey

yup time to go up!

1 month ago

flydelta

Time to fly to HOLLAND...

4 weeks ago

notrealBoo

RCPS RM1, but share price dropped to RM0.20

3 weeks ago

PaiKia

run

3 weeks ago

YT8170C

who dare to buy

3 weeks ago

sangjero

long term RM30.00

2 weeks ago

notrealBoo

i sell you RM3 now ok?

2 weeks ago

mf

Dow Jones

Dow Jones Industrial Average

43,078.66

-310.94

0.71%

Nasdaq

NASDAQ Composite

18,714.36

-77.44

0.41%

2 weeks ago

N4rc0t

0.15 coming

2 weeks ago

FhizzK

No eye see

2 weeks ago

N4rc0t

Drop like flies

1 week ago

notrealBoo

such a rubbish

4 days ago

flydelta

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

3 days ago

biggie0000

cant even push up 0.20 gg

3 days ago

sangjero

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

0.19
0.24
0.3
0.36
0.42
0.49
0.61

===================================================

sapuuuu...

thanks, me after yong tai cross 0.527 to 0.691

19 hours ago

SuperTrump69

Lol result so bad, who would sapu

14 hours ago

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