Yoma Strategic

Yoma Fleet may collaborate with Wave Money, introducing new synergy: PhillipCapital - THE EDGE SINGAPORE

Broker's Calls

Yoma Fleet may collaborate with Wave Money, introducing new synergy: PhillipCapital

The analyst believes Yoma would have a new substantial shareholder available for deeper collaboration and access to funding.
Yoma rebounds despite a challenging operating environment - THE EDGE SINGAPORE

Company in the news

Yoma rebounds despite a challenging operating environment

Yoma seeks to expand its presence outside of Myanmar to capture the Myanmese diaspora.
Yoma Strategic swings back into the black with FY2024 net profit of US$21.2 mil, core ebitda up 160.5% y-o-y  - THE EDGE SINGAPORE

Results

Yoma Strategic shares up 32.3% following FY2024 turnaround

Revenue grew by 78.6% y-o-y, reaching a record US$220.8 million in FY2024.
Yoma Strategic to acquire controlling interest in fintech firm Wave Money for US$53 million - THE EDGE SINGAPORE

M&A

Yoma Strategic to acquire controlling interest in fintech firm Wave Money for US$53 million

The agreement completes the divestment process announced in June 2020.
Kopernik raises stake in Yoma Strategic; AEM buys back shares after Toh’s sale - THE EDGE SINGAPORE

Insider moves

Kopernik raises stake in Yoma Strategic; AEM buys back shares after Toh’s sale

Yoma shares were trading at 30 cents before the coup. It is now around 13 cents.
PhillipCapital keeps ‘neutral’ rating for Yoma but lowers TP on lacklustre outlook - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital keeps ‘neutral’ rating for Yoma but lowers TP on lacklustre outlook

PhillipCapital has lowered its target price to 14.7 cents from 15.6 cents previously.
Yoma says business operations have resumed but warns of change in sentiment - THE EDGE SINGAPORE

Company in the news

Yoma says business operations have resumed but warns of change in sentiment

Yoma called for a trading halt of its shares after news of the coup broke in the early hours of Feb 1. It last traded at 28 cents.

Broker's Calls

Yoma Strategic poised for next leg of growth: RHB

SINGAPORE (Apr 11): RHB Group Research says Yoma Strategic ready to transition into its next growth phase, despite weakness in its real estate business.

M&A

Yoma Strategic acquires majority stake in one of Myanmar's largest restaurant chains for $17 mil

SINGAPORE (Jan 11): Yoma Strategic Holdings is acquiring a 65% stake in Yankin Kyay Oh Group of Companies (YKKO), subject to the satisfaction of certain conditions, for a consideration of MMK 19.4 billion ($17.0 million).
×