Yongnam

There are heavy transaction on Yongnam today, with a huge 102,407 lots being bought and just 39,913 lots being sold. A positive sign and something may be brewing.

The following are some of the major transaction for buying:

at 0.45
4,000 lots
2,000 lots
5,000 lots
2,000 lots

at 0.455
10,000 lots
2,690 lots

at 0.46
8,000 lots
3,000 lots

at 0.465
1,500 lots
4,800 lots
2,000 lots

Look like big players are collecting this stock again. With the price breaking the recent new high again, I believe there will be more to come.

Yesterday, CIMB has revalued the 12 mth target price from 0.43 to 0.61.