YOMA STRATEGIC HOLDINGS LTD. : COMPANY OVERVIEW

Yoma Strategic was incorporated in Singapore on 20th October 1962. On 17 August 2006, it changed the name from Sea View Hotel Limited to Yoma Strategic Holdings Ltd after the completion of acquisition by Sea View Hotel Limited. After the completion of the acquisition, Sea View disposed off all its interests in the existing subsidiaries.Today, it is engaged in property development, construction and piling services, also project management and design services in Myanmar. Its portfolio of development properties includes apartments, condominiums and bungalows.

In this segment, the Group manages all the property projects initiated by its group including the provision of detailed budgeting, costing and planning, as well as project management. Yoma Strategic’s construction services which support its property development business, include foundation piling work for various types of buildings and acting as contractor for super-structure construction works.

It also supplies ready-mixed concrete, sand and shingle to the Myanmar construction industry.

Return on Equity	6.94%
Net Asset Value	S$702.86
Market Cap	S$640.20

FINANCIAL VIEW

• The ratio of asset and liability is increasing as y-o-y figures are considered.
• The net income is continuously increasing, as well as Gross Profit is also increasing.

	FY2013 31Dec 13	FY2014 31Dec 14	LTM Ending 30 Jun 15
Revenue	60.467	100.493	110.927
Gross Profit	26.207	44.656	45.587
Net Income	14.444	16.392	28.051
EBITDA	9.079	21.111	16.463
Total Assets	462.564	483.276	834.1
Total Liabilities	66.444	65.238	101.909

GROWTH OVER PRIOR YEAR (%)

TECHNICAL INDICATORS:

Daily Chart: Shows a consolidation, which if broken downwards may lead to a bearish trend. Also, OBV is indicating a bearish trend, while MACD will also support the same if the support1 is broken.

SGX Symbol	Z59	Currency	SGD
Last Done	0.365	Volume(‘000)	2577
Day’s Range	0.350-0.360	52Weeks’ Range	0.300-0.646

Weekly Chart: It is major downtrend counter in weekly chart also and forming the same strong support at support1, which if broken will indicate a bearish signal.

S1	S2	R1	R2
0.345	0.330	0.375	0.395

Our VIEW:

Overall Trend: Overall trend seems to be bearish in short term with some minor corrections, if any.
Short term View: Bearish below 0.345 , with resistance at 0.370.

Long term View: Bearish below 0.300 , with resistance at 0.330.