Not much hope after its 3Q profit fell 39%. No catalyst for short-term price jump. Longer term, well, its orderbook is pretty good at S$442.0 million

4 weeks is a long time in the market -- and all you need is for the stock to go up 2 cents to 26.5 cents, and there will be a good reason for the warrants to be converted. 

YONGNAM is edging closer to Dec 12, when the warrants expire. Hope for the warrants is fading. Can the mother share rise decisively above 25 cents? If not, a lot of warrants will expire worthless

Why is Yongnam doing ADR? Don't they know that several Spore companies have done it and the result is a waste of time & money? It's just $$ handed over to the Americanos.

Looking throught 2QFY12 Yongnam presentation with so many colourful pictures of building, MRT system and maps etc. Wah! so inpressive but just as what Ah Lian mention "Just a construction company, no solid asset." This company not for me.

http://yongnamholding.blogspot.sg 

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Just a construction company, with no property development or management involvements. I would rather go for Lian Beng, with these businesses, better assets and lower P/B. Esp so now as the price had consolidated, and still with good property projects coming on line. Good luck.

Why are you so confident, ah? Its 1H profit not too inspiring.

Anyway, as for the warrants, I should add that people got about 2 more months before expiry. If Yongnam mother doesn't cross 25 cents convincingly, the warrants will become worthless. Just a reminder.....in case anyone wants to load up on the warrants for a potential huge gain. It could turn out to be a huge loss !!!!

This is definitely the stock to hold till year end. Selling below 0.25 will be a folly. If you don't have the faith, you won't make profits. To me, this is one of the main stock I will focus on till year end. 0.25 is still a good entry point. once it crosses 0.25, the upside potential is attractive.

There appears to be a momentum in Yongnam share prx. Touched 25 cents. What's fantastic would be the warrant prx.

Once YNM mother share goes beyond 25 cents, the warrants will rise and in % terms, the gain will be excellent.

(Just remember that the exercise prx for the warrants is 25 cents.)

For example, if YNM mother goes up 1 cent to 26 cents, the warrant will likely rise to 1 cent, which is 0.2 cent higher than current 0.8 cent. It's a 25% gain !!!! Holy cow!

If YNM mother goes to 27 cents, the warrant will likely to go to 2 cents, which is 150% capital gain! 

I think they are just being conservtive in announcement. I thought a particular e-roadshow sounded like the ADR is about to be rolled out...


Yongnam Holdings Limited (“Yongnam” or the “Company”) wishes to advise that the Company has entered into discussions with a Sponsor in the USA to review the probability of listing OTC American Depository Receipts (“ADRs”).

As discussions are still at a preliminary stage, the Company is not in the position to confirm whether Yongnam will proceed with this listing.

In the meantime, shareholders should note that there is no certainty that the Company will list OTC ADRs in the USA and should therefore exercise caution when dealing in Yongnam shares.

It is going to acheive solid growth this coming year because of weighty demand with regard to All set Combined Concrete floor!

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how about YONGNAM  - its struttings will be neede for Thomson MRT line. many other projects too. YONGNAM's warrants are headed for expiry in Dec 2012 -- will any BBs push up stock price so Yongnam's warrants get c0nverted?

Koh Brothers!  23.5 cents! Still so undervalued...

Look at how well Parc Olympia is selling.

Koh Brothers has a Building Materials division. It  will acheive strong growth this year due to heavy demand for Ready Mixed Concrete!

Koh Bros has investment property Sun Plaza -- a bit not so chic place but heck, the asset value is great. Somebody is going to come along and offer a great price for it.

Trading now 22-22.5 cents. Undervalued property developer, owner, construction player.

Koh Brothers'  486-unit Parc Olympia project was marketed under three phases to date.

Three phases comprising 352 units, of which over 75% or 265 units have been sold.

Not 75% of the entire project. Just to clarify