Yamada Green Resources

Big Fish
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10 years 10 months ago - 10 years 10 months ago #14559 by Big Fish

Replied by Big Fish on topic Yamada Green Resources

Me share your view, Father Gangho. btw, there is an error in yr figures.

Chen's stake after transaction will be 39.2% (not 51%).

He current holds 47.45% (see: info.sgx.com/webcoranncatth.nsf/VwAttach...uhai.pdf?openelement ).

Minus off 8.25% after swap with GYP, and his stake goes down to 39.2%.

Last edit: 10 years 10 months ago by Big Fish.

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gangho
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10 years 10 months ago #14573 by gangho

Replied by gangho on topic Yamada Green Resources

Big Fish wrote: Me share your view, Father Gangho. btw, there is an error in yr figures.

Chen's stake after transaction will be 39.2% (not 51%).

He current holds 47.45% (see: info.sgx.com/webcoranncatth.nsf/VwAttach...uhai.pdf?openelement ).

Minus off 8.25% after swap with GYP, and his stake goes down to 39.2%.

You are right. Don't know why the figure stuck in my head. Tnanks!

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Big Fish
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10 years 10 months ago #14607 by Big Fish

Replied by Big Fish on topic Yamada Green Resources

Hey Gang,
Isn't it interesting that Global Yellow Pages is not satisfied with the share holding it has in Yamada Green Resources.

Global Yellow Pages announced that it has on 19 June 2013 acquired 6,500,000 shares in YAMADA.

Paid an aggregate consideration of $1,747,634.

Quite high market price of 26.887 cents a share.

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gangho
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10 years 10 months ago #14628 by gangho

Replied by gangho on topic Yamada Green Resources

Big Fish wrote: Hey Gang,
Isn't it interesting that Global Yellow Pages is not satisfied with the share holding it has in Yamada Green Resources.

Global Yellow Pages announced that it has on 19 June 2013 acquired 6,500,000 shares in YAMADA.

Paid an aggregate consideration of $1,747,634.

Quite high market price of 26.887 cents a share.

When you study how Stanley Tan [CEO GYP] aggressively invested in Global Yellow Pages during Sep 06 to Feb 07 before he forced out the former CEO, we can deduce that GYP will continue to buy into Yamada till it builds a significant stake and gain certain control of Yamada.Let's wait and see!

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Dongdaemun
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10 years 10 months ago #14700 by Dongdaemun

Replied by Dongdaemun on topic Yamada Green Resources

Chope! Stanley may be aggressive but what we are more keen to know is, what is so great about Yamada Green Resources' business? Hasn't it been delivering disappointing results despite the increased acreage of cultivation? Neither has the eucalyptus plantations yielded significant benefit in its cost structure.

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gangho
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10 years 10 months ago #14702 by gangho

Replied by gangho on topic Yamada Green Resources

garl wrote: Chope! Stanley may be aggressive but what we are more keen to know is, what is so great about Yamada Green Resources' business? Hasn't it been delivering disappointing results despite the increased acreage of cultivation? Neither has the eucalyptus plantations yielded significant benefit in its cost structure.

There no enough data to conclude but from the rush of share purchase by GYP, we may see a decent 4Q rpt from Yamada, with the additional sales of bamboo shoot. Biz shd improve in next FY since it starts to use its own eucalyptus log and hopefully it has developed the solution to overcome the severe weather of last two yrs - as cause to its lower harvest of mushroom.

I will follow the pace of purchase by GYP as there will be less and less script in the mkt. I'm sure GYP has taken note of this for its first strategic investment!

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