YNH PROPERTY BHD

KLSE (MYR): YNHPROP (3158)

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Last Price

0.48

Today's Change

0.00 (0.00%)

Day's Change

0.47 - 0.485

Trading Volume

1,803,100

Overview

Market Cap

254 Million

NOSH

374 Million

Avg Volume (4 weeks)

2,498,238

4 Weeks Range

0.47 - 0.55

4 Weeks Price Volatility (%)

12.50%

52 Weeks Range

0.41 - 0.89

52 Weeks Price Volatility (%)

14.58%

Previous Close

0.48

Open

0.485

Bid

0.48 x 2,200

Ask

0.485 x 95,000

Day's Range

0.47 - 0.485

Trading Volume

1,803,100

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#1] | 26-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 28-Feb-2025

T4Q P/E | EY

-3.27 | -30.60%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

2.08 | 0.23

T4Q NP Margin | ROE

-49.21% | -7.06%

Company Profile

Sector: PROPERTY

Sector: PROPERTY

Subsector: PROPERTY

Subsector: PROPERTY

Description:

YNH Property Bhd through its subsidiaries is engaged in property development, cultivation and sales of oil palm, general contracting, providing consultancy services, management services and lodging facilities and operation and management of a hotel. The group is organized into business units based on two reportable operating segments: the property development segment and the hotel and hospitality segment. The property development segment is in the business of constructing, developing residential and commercial properties. Hotel and hospitality segment is the operation of and management of a hotel and its related business. It derives most of its revenues from Property development.

Discussions
4 people like this. Showing 50 of 1,052 comments

Good123

For the financial year ended 30 June 2024, YNH Property Bhd (“YNHP” or “the Company”) delivered solid results,
with revenue predominantly driven by the sale of Solasta Dutamas, our flagship project located in Kuala Lumpur.
Meanwhile, in the state of Perak, the Manjung Commercial Shoplots and Manjung Point Township have been the
primary contributors to the Group’s performance, demonstrating the strength of our diversified portfolio.
Located in Dutamas, Kuala Lumpur, Solasta Dutamas has a GDV of approximately RM720 million, and is expected
to contribute positively to the Group’s earnings for the next 2 years. As at 30th September 2024, the construction
of Solasta Dutamas is progressing smoothly, with the first tower already topped out, while the remaining two
towers are at the super-structure stage of construction. The project has been well-received by prospective buyers,
with over 70% of the total units sold. The strategic location and premium offerings of this project provide a strong
outlook for sustained revenue generation.
In Perak, our ongoing township development of approximately 700 acres in Seri Manjung is a long-term growth
engine for YNHP. The Manjung Point Township residential units and Manjung Commercial Shoplots continue to
deliver consistent revenue streams. With a forecasted development horizon of 20 to 30 years, this project positions
the Group well for sustained future profitability.
The value of our Seri Manjung township has been further enhanced by the presence of key facilities such as AEON
Seri Manjung and Pantai Hospital Seri Manjung. These facilities not only improve the quality of life for residents but
also increase the attractiveness and long-term value of our developments in this area.
Looking ahead, the Group is preparing to launch several high-potential projects, including Residensi Bangsar
South, located adjacent to KTM Angkasapuri, Residensi Bangsar South has an estimated GDV of RM470 million,
and is expected to launch in 2025 subject to final authority approvals.
Another prestigious future project by YNHP is the development of Menara YNH. The commercial development
spans around 3 acres along Jalan Sultan Ismail, positioned within the bustling Golden Triangle of Kuala Lumpur
City Centre. The location of Menara YNH offers easy accessibility and close proximity to public transport facilities.
This development has an internal targeted GDV of approximately RM4 billion.
The Menara YNH mixed development will comprise the mix of hotel, service apartments and shopping mall.
Contribution from this project which includes rental income is expected to contribute positively to the Group’s
future earnings.
Last but not least, 163 Retail Park SPA is unconditional as of 23rd September 2024. This provides certainty of the
final payment of Balance Purchase Price due by 22nd December 2024. Approximately RM161 million of the sales
proceeds will be strategically allocated to reduce the company's borrowings, significantly improving our gearing
ratio and generating substantial savings in interest expenses.
The Group remains focused on creating long-term value for our shareholders by pursuing strategic growth
opportunities, optimizing our project portfolio, and maintaining prudent financial management. With a strong
project pipeline, continued demand for quality properties, and supportive market conditions, we are confident that
YNHP is well-positioned for sustainable growth in the coming years.

2 months ago

Good123

Last Price
0.435
Avg Target Price
1.85
Upside/Downside
+1.415 (325.29%)

https://klse.i3investor.com/web/stock/analysis-price-target/3158

2 months ago

Good123

Takda fraud jika Ada directors dah masuk jail macam najib 😂

2 months ago

Good123

Privatize it cheaply, relist without the rm1bil jv projects😎

2 months ago

Good123

Or use a Sdn Bhd to acquire the jv projects at rm1bil or less

2 months ago

Good123

Taking out the controversial rm1bil jv projects would make ynh to fly. Wait n see

2 months ago

Good123

Jika Yu brothers buat accounting fraud macam Enron, dah masuk penjara macam najib dah 😅

2 months ago

Good123

I think pecat independent directors & CFO solusi jugak

2 months ago

Good123

As of November 5, 2024, YNH Property Bhd has not publicly disclosed the identity of its Chief Financial Officer (CFO). The company’s leadership includes Chairman and Executive Director Datuk Dr. Yu Kuan Chon and Chief Executive Officer Kuan Yu.  Additionally, the Audit Committee is chaired by Senior Independent Non-Executive Director Khong Kam Hou. 

2 months ago

Good123

Removing and preventing accounting fraud is crucial to maintaining integrity, transparency, and trust within an organization. Here are some steps that can help address and prevent accounting fraud:

1. Establish Strong Internal Controls

• Segregation of Duties: Divide financial responsibilities so no single person handles all aspects of a transaction.
• Authorization and Approval Systems: Ensure all financial transactions are authorized by appropriate personnel.
• Access Control: Restrict access to financial systems to only those who need it.
• Regular Audits: Conduct regular internal and external audits to detect irregularities and ensure compliance.

2. Implement Ethical Standards and Compliance Programs

• Code of Conduct: Develop a clear code of ethics and ensure all employees are familiar with it.
• Training Programs: Provide training on ethical standards, anti-fraud policies, and the consequences of fraud.
• Compliance Monitoring: Continuously monitor adherence to regulations and internal policies.

3. Use Data Analytics and Forensic Accounting

• Data Monitoring Tools: Employ software to analyze transactions and flag unusual patterns or outliers.
• Forensic Accounting: Consider having forensic accountants review the financials if fraud is suspected.

4. Foster a Culture of Transparency and Accountability

• Whistleblower Programs: Implement a system for employees to report suspicious activities anonymously.
• Open Communication: Encourage open communication between departments and maintain a transparent environment.

5. Strengthen Financial Oversight

• Audit Committee Oversight: Ensure that an independent audit committee oversees the company’s financial reporting.
• Regular Financial Reviews: Conduct regular reviews of financial statements, with cross-verification by multiple team members.
• Detailed Reconciliation: Perform regular reconciliation of bank statements, accounts, and balance sheets.

6. Regularly Update Anti-Fraud Measures

• Stay Updated on Fraud Schemes: Fraudsters constantly develop new methods, so staying informed on the latest fraud tactics is crucial.
• Review Policies and Procedures: Regularly update financial policies to adapt to new risks and regulatory requirements.

7. Engage with External Auditors

• Independent Audits: Engage reputable third-party auditors to review financial statements independently.
• Periodic Audits: Carry out periodic, unannounced audits to deter fraudulent behavior.

Taking these actions helps to establish a strong foundation against accounting fraud and promotes an ethical organizational culture.

2 months ago

Good123

Take private & relist excluding the jv rm1bil habis cerita

2 months ago

Good123

Yu brothers Tak macam najib Ka? Tak masuk jel lagi 😀

2 months ago

Good123

Bro Yu Ada curi wang syarikat Ka? Bukan kes najib kan?😅

2 months ago

Good123

CFO takda junior ac staff buat salah kot ? Ikut arahan Yu Ka? Takda finance director mahupun CFO bukan?😂

2 months ago

Good123

Tak Tau buat proper accounting entries untuk jv rm1bil Ka?😅accountant takda atau bro Yu paksa ac staf sengaja buat salah? Macc dimana?

2 months ago

Good123

Tak pasti sama Ada bro Yu Akan berada di sg buloh bersama bro najib 👀🫵🏻

2 months ago

Michael Kwok

Ynh 46 cents
Possible will up above 50 cents range.but sell on strength.
Let see how it move after above 50 cents.
17/11/24 7pm

2 months ago

cokodokpisang

Sudah 53 cents. Take profit liao.. leave some at 60 sen, to feed the greed.

2 months ago

cokodokpisang

Greed satisfied and cleared. Unless it drops back to 0.4x .. hold my horses first

2 months ago

Birdie

The bird is flying.

2 months ago

mf

target 0.680

2 months ago

Zachzach

sure or not 0.68?

2 months ago

ZenSen

Got good news ka?

2 months ago

Ghazaar

This YNH quietly shooting up 😯

2 months ago

cokodokpisang

Walao.. don't know the basis of it's growth. Financial numbers not great. Got something coming up in their AGM kah? Or the sale of AEON confirm kah? Walao missed out big 30% gain payout. Only got to makan 18%..fingers itchy to buy.. but I know when I buy sure drop.. hahaha

2 months ago

unknown1234

cokodok.. so you bought? why drop so much

1 month ago

yongyong88

Peak reached,.... profit-taking,.... Selling has begun... if u r still holding, good luck!

1 month ago

khpwwl

Rsi high will drop, my friend is not listening, now kena

1 month ago

cokodokpisang

Walao wei..lucky never buy....had last minute kerja to settle last night..got up late morning.. by the time I cuci mata and backside, price drop liao. Wah piang ah..
Normally I won't praise my boss... but coz him I didn't loose more duit. Anyway YTL n Penta kept me happy today.. tomorrow i think jual liao

1 month ago

mf

run

1 month ago

khpwwl

cuci deep deep

1 month ago

mf

sell

1 month ago

khpwwl

Possible drop to 0.55

1 month ago

HKHedgeFund

will rebound

1 month ago

hoowk77

run fast fast

1 month ago

Noni

Dr Doom catch you!

1 month ago

Ghazaar

Let him catch 😆 Or I will catch him when the price is less than 50 sen

1 month ago

Ghazaar

Nice, strong momentum continues 🚀🚀

1 month ago

Michael Kwok

Ynh 55-56 cents
Resistance 60 cents
Support 48 cents
Mantaining support majority more then a bullish
Tp 75-85 cents.
19/12/24 3.20pm

1 month ago

Birdie

What a mess!!!!!!!!!!

1 month ago

cokodokpisang

As soon there is news on the AEON sales gets announced, and any other land sales, i think this counter will pick up. Just a matter of time. I'm amazed with so much land banks still nothing is finalised.

2 weeks ago

Birdie

THe tunnel is still dark

2 weeks ago

cokodokpisang

Crap I'm running at a loss now. Bought at 50sen.. oh well. Let's hope for good news coming up..

2 weeks ago

cokodokpisang

Come back to 50.5 sen .. can breath again.

1 week ago

Armageddon

I better run 1st,macam not steady!!!! 💀💀💀💀💀💀

1 week ago

DreamGuardian

YNH Property expects independent review of JV and turnkey contracts to be completed by Feb 15
Syafiqah Salim/theedgemalaysia.com
27 Jan 2025, 03:24 pm

https://theedgemalaysia.com/node/742558

5 days ago

Balian de Ibelin

RM0.02 on 15th February and delisted?

I am shocked. 🫣

1 day ago

Balian de Ibelin

Share price going down = Report confirmed bad = PN17 and delisted

1 day ago

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