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Friday, October 5, 2018

Yoma Strategic

Today while most of the counter is down, Yoma Strategic has managed to shine again with another white soldier and closed well at 31.5 cents, coupled with high volume, this is rather bullish!


We may want to take advantage of this bullish momentum and ride on this short term upwards move direction.

I think likely to retest 34 cents than 36 cents.

Do take note that weekly chart is still on a long term down trend direction. It is quite risky to play counter trend reversal mode. Is ultra important to have a proper plan in place .

52 week High is 60.5 cents. And 52 week Low is 25.5 cents.


Not a call to buy or sell.

Please do your own due diligence.


Yoma Strategic Holdings Ltd., an investment holding company, engages in the real estate, automotive and heavy equipment, consumer, financial, and investment businesses in Singapore, Myanmar, and the People’s Republic of China. The company’s Real Estate Development segment develops and sells land and properties. Its Real Estate Services segment provides project management, design, and estate management services, as well as property leasing services. The company’s Automotive & Heavy Equipment segment supplies and sells agriculture and construction equipment, as well as offers maintenance services. Its Consumer segment engages in the operation of restaurants; bottling and distribution of beverages; food wholesale business; and provision of logistics services. The company’s Financial Services segment provides vehicle financing; and invests in mobile financial services. Its Investments segment invests in the infrastructure, tourism, agricultural, and other sectors, as well as leases investment properties. The company also engages in leasing automotive equipment. The company was formerly known as Sea View Hotel Limited. Yoma Strategic Holdings Ltd. was incorporated in 1962 and is headquartered in Singapore.


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