Wednesday, July 26, 2006

Yung Kong: Part II

Wrote on this stock before: here

Yung Kong just announced it's earnings and it did not lose money.

YUNG KONG GALVANISING INDUSTRIES BHD
Quarterly rpt on consolidated results for the financial period ended 30/6/2006

Well, it's only right that I made this short note.

And just for the record, here is how the stock is performing.


1 comments:

ichithekiller said...

Ha ha !! Just read your previous post on this counter...it was a real hoot ...seeing you show blow-by-blow the analyst's "cop-out".

Seriously though, I think this bugger has finally hit bottom ... will keep an eye on it...thanks for bringing to my attention. Talk about margin of safety, analyst recommend Buy at 1.26 ... now I buy at 0.79 ... what a bargain!! He he ...