Yamada Green Resources

gangho
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10 years 11 months ago #14109 by gangho

Replied by gangho on topic Yamada Green Resources

Strong volume today. Combined shares of CEO, Sam Goi and two other shareholders are about 80%, leaving only 100m shares for the market to trade. Based on the total volume traded for last 4 weeks, I believe most of the shares are probably in the hand of the big boys. It looks like price should continue to trend up if this is so. Good luck!

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relaxing
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10 years 11 months ago #14113 by relaxing

Replied by relaxing on topic Yamada Green Resources

Gangho - Ya, there is not much free float, which is one reason why I have been watching with interest. I may join you when the party starts ? Anyway, good luck.

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gangho
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10 years 11 months ago #14189 by gangho

Replied by gangho on topic Yamada Green Resources

relaxing wrote: Gangho - Ya, there is not much free float, which is one reason why I have been watching with interest. I may join you when the party starts ? Anyway, good luck.

Besides the small share float, I believe its processed foods biz may be taking off. Let's see if price can dip further for collection..

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GEO
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10 years 10 months ago #14497 by GEO

Replied by GEO on topic Yamada Green Resources

Sam Goi sold 42,287,000 (8.48%) yamada shares to global yellow pages. Chen swap 41,122,305 (8.25%) yamada shares for global yellow pages shares.

Sam Goi:
share placement 82,187,000 * $0.119 = $9,780,253
open mkt: 2,100,000 * $0.225 = $4,725,000
total: $10,252,753

sold to global yellow page: 42,287,000 * $0.275 = $11,628,925

after the deal:
Sam Goi existing holdings: 8.43%
chen existing holdings: 39.2%
global yellow pages: 16.73%

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Val
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10 years 10 months ago - 10 years 10 months ago #14499 by Val

Replied by Val on topic Yamada Green Resources

Mr Mah Bow Tan, Non-Executive Chairman and Independent Director of GYP, said, “GYP has been actively looking for new business opportunities to expand our operating base
and enhance shareholders’ value. We are excited to be making our first diversification move with a strategic investment in Yamada, which is a major grower and supplier of specialist food products, including edible fungi. ”

“We believe this strategic investment in a fast- growing player in the food business will bring substantial benefits to the Group in terms of growing shareholders’ value, as Yamada is highly diversified by sector and geography. We look forward to working closely with Yamada and Mr Sam Goi to tap the growing food sector in the PRC and beyond.” added Mr Mah.

Last edit: 10 years 10 months ago by Val.

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Val
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10 years 10 months ago #14500 by Val

Replied by Val on topic Yamada Green Resources

Sam Goi bought his shares at 11.9 cents a few months ago -- Now he sells them to Global Yellow Pages at 27.5 cents. Woohoo!

U can see how he makes money in double quick time.

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