Yoma Strategic Holdings (Yoma)

Eaton Vance ceases to be substantial shareholder at Yoma  - THE EDGE SINGAPORE

Myanmar Coup 2021

Eaton Vance ceases to be substantial shareholder at Yoma

The firm sold 13 million shares for $2.42 million, pricing each share at around 18.6 cents, via market transaction on Feb 17.
Yoma reports relatively stable group revenue for 1Q update, says it will continue to monitor situation in Myanmar - THE EDGE SINGAPORE

Results

Yoma reports relatively stable group revenue for 1Q update, says it will continue to monitor situation in Myanmar

Shares in Yoma closed 0.6 cent lower or 3% down at 19.4 cents on Feb 5.
Capital Group raises Nanofilm stake; Aberdeen trims holdings in Yoma Strategic - THE EDGE SINGAPORE

Capital Group raises Nanofilm stake; Aberdeen trims holdings in Yoma Strategic

Insider moves: Capital Group raises Nanofilm Tech International stake; Aberdeen trims holdings in Yoma Strategic Holdings.
Yoma Strategic enters into joint venture to develop second city loft project as an interested person transaction - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Yoma Strategic enters into joint venture to develop second city loft project as an interested person transaction

Shares in Yoma Strategic closed 0.5 cent lower or 1.6% down at 30.5 cents on Dec 15.
PhillipCapital 'cautiously optimistic' on Yoma Strategic Holdings on 'mildly positive' mid-term outlook - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital 'cautiously optimistic' on Yoma Strategic Holdings on 'mildly positive' mid-term outlook

PhillipCapital analyst Tan Jie Hui has rated "buy" on Yoma Strategic with a target price of 46 cents.
Yoma Strategic reports US$60.5 mil loss in FY2020 due to fair value losses - THE EDGE SINGAPORE

Results

Yoma Strategic reports US$60.5 mil loss in FY2020 due to fair value losses

This was due mainly to net other losses of US$11.6 million compared to gains of US$9.0 million in FY2019.
Yoma Land to develop first suburban office property and second City Loft project in Yangon - THE EDGE SINGAPORE

Property

Yoma Land to develop first suburban office property and second City Loft project in Yangon

The targeted sites for both projects are not currently part of Yoma Strategic’s existing landbanks.

Broker's Calls

Yoma Strategic a promising buy, says PhillipCapital

Yoma Strategic’s positive topline amidst the Covid-19 pandemic has pushed PhillipCapital to reiterate its “buy” call and target price of 46 cents on the counter.

Results

Yoma Strategic group reports 3.2% y-o-y growth in group revenue to US$18.6 mil in 3M20 trading update

The growth was led by higher revenue posted from Yoma Land’s Real Estate Development and Yoma Motors, as well as growth in its other businesses, and was offset by a decline in Yoma F&B and Yoma Land’s Real Estate Services segment.
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