Yoma Strategic

[%RrUu%] on Yoma [%ErKi%] ; saw this news over the CNY break... [%eLBn%] ; this is probably what had caused it's share price to run down to current level and it's definitely a blow to the company if they dont win this massive tender. Although I agree that Yoma is still the best proxy to ride on Myanmar's long term growth story, can't help to wonder if their competitive advantage in the Myanmar's real estate sector is diminishing, and what sort of premium over book value should be placed on it. On the other hand, the spinoff company Memories Group Ltd (balloon over bagan & others) looks like an appealing story to invest on if you are looking purely on Myanmar's tourism over the next few years.  

@mengteck on Yoma $SGX-Z59 ; saw this news over the CNY break... http://www.straitstimes.com/business/companies-markets/oxley-consortium-chosen-as-preferred-bidder-for-myanmar-railway-project ; this is probably what had caused it's share price to run down to current level and it's definitely a blow to the company if they dont win this massive tender. Although I agree that Yoma is still the best proxy to ride on Myanmar's long term growth story, can't help to wonder if their competitive advantage in the Myanmar's real estate sector is diminishing, and what sort of premium over book value should be placed on it. On the other hand, the spinoff company Memories Group Ltd (balloon over bagan & others) looks like an appealing story to invest on if you are looking purely on Myanmar's tourism over the next few years.  

SGX-Z59

Yoma Strategic

Company Background