09-02-2021, 11:16 AM
(This post was last modified: 09-02-2021, 11:17 AM by ongweehiang.)
Been looking at Yoma Strategic and Memories. We started to wonder how the coup would affect the debt on their balance sheet.
Would any of the banks choose not to continue a banking relationship due to the fact that Yoma derive most of their revenue from Myanmar? Or if any international agencies who are currently working with Yoma may choose to pull out leaving Yoma's capital to be in inadequate?
In addition, property prices will fall and that will affect the valuation as well.
Is there a chance that there may be fund raising from Yoma soon to help de-risk the balance sheet?
The price may just get even lower.
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Would any of the banks choose not to continue a banking relationship due to the fact that Yoma derive most of their revenue from Myanmar? Or if any international agencies who are currently working with Yoma may choose to pull out leaving Yoma's capital to be in inadequate?
In addition, property prices will fall and that will affect the valuation as well.
Is there a chance that there may be fund raising from Yoma soon to help de-risk the balance sheet?
The price may just get even lower.
If you would like to follow us on real time on what we are thinking of and news article we are reading on.please join us at our telegram channel - https://t.me/weightedresearch.
If you would like to re-read some of our investment reflections, then do follow us on Facebook at https://www.facebook.com/weightedresearch.