Posts: 230
Threads: 3
Joined: Apr 2013
Reputation:
2
So Yoma didn't even make the shortlist? Or did they? I only count 11 applicants below.
SingTel consortium shortlisted for Myanmar telecom licence tender
YANGON — Myanmar has shortlisted 12 international consortia, including one led by Singapore Telecommunications, for the final stage in its telecommunications licence tender.
The shortlisted applicants can now formally bid for the two licences, each with initial terms of 15 years. Bids must be submitted by June 3, and the winners will be announced by June 27.
Shortlisted applicants include a consortium comprising China Mobile and Vodafone Group. India’s Bharti Airtel, MTN Dubai, Jamaica’s Digicel Group, Japan’s KDDI Corp and Sumitomo Corp, Malaysia’s Axiata Group, Norway’s Telenor, Millicom International Cellular, Qatar Telecom and Vietnam’s Viettel Group also made the list.
The bidding has attracted wide interest from international telecoms firms, which see huge opportunities in a country of 60 million where mobile penetration is just 5 to 10 per cent.
Posts: 598
Threads: 4
Joined: Oct 2010
Reputation:
15
(12-04-2013, 10:34 AM)mulyc Wrote: So Yoma didn't even make the shortlist? Or did they? I only count 11 applicants below.
From DBS:
Singtel consortium and Digicel, partnering Yoma, and 10
others have been pre-qualified for Myanmar telecom
licenses. As expected, international operating experience
is crucial. Those we qualified for this factor are all shortlisted.
Apparently, the third and final stage of selection
process has begun. The next round of applications is due
on June 3. The Committee expects to announce the final
two winners on June 27. We do not foresee significant
earnings impact on the winners near term. Based on our
estimated enterprise value of US$1.6-2b, investment
should be kept within this range.
So Yoma made it to next round, but to fight with the giants, I don't think they stand a chance.
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
(12-04-2013, 10:34 AM)mulyc Wrote: So Yoma didn't even make the shortlist? Or did they? I only count 11 applicants below.
SingTel consortium shortlisted for Myanmar telecom licence tender
YANGON — Myanmar has shortlisted 12 international consortia, including one led by Singapore Telecommunications, for the final stage in its telecommunications licence tender.
The shortlisted applicants can now formally bid for the two licences, each with initial terms of 15 years. Bids must be submitted by June 3, and the winners will be announced by June 27.
Shortlisted applicants include a consortium comprising China Mobile and Vodafone Group. India’s Bharti Airtel, MTN Dubai, Jamaica’s Digicel Group, Japan’s KDDI Corp and Sumitomo Corp, Malaysia’s Axiata Group, Norway’s Telenor, Millicom International Cellular, Qatar Telecom and Vietnam’s Viettel Group also made the list.
The bidding has attracted wide interest from international telecoms firms, which see huge opportunities in a country of 60 million where mobile penetration is just 5 to 10 per cent.
Yoma's partner is Digicel Group 
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
Posts: 230
Threads: 3
Joined: Apr 2013
Reputation:
2
12-04-2013, 10:53 AM
(This post was last modified: 12-04-2013, 10:54 AM by mulyc.)
Ah ok thanks.
I also don't think they stand a chance against those giants they are competing against. i'd be surprised if they won actually.
Posts: 8,305
Threads: 496
Joined: Jul 2011
Reputation:
60
Myanmar play is just another market fashion not unlike the S chips fever that raged and wipeout a lot of innocent money after the GFC.
Anyone that is betting (aka speculating) on an emerging economy's potential needs to be aware of risks. Of course the returns (at least from how the stockmarket functions) have been spectacular and can be tempting.
Odd Lot Vested
Posts: 3,732
Threads: 6
Joined: Oct 2012
Reputation:
95
IMHO there is only ONE Myanmar play.
Yoma was listed as a Myanmar stock way back in 2006 when nobody cares about Myanmar and Singapore was the only ASEAN nation that was more friendly with them.
It is not a fly by night stock. Neither is Serge Pun. Valuation however should remain a concern as cashflow is very volatile . Can be a good company but bad stock. Nonetheless the credibility should way surpass Van Der Horst etc 
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Posts: 7
Threads: 1
Joined: Dec 2012
Reputation:
0
I think Yoma needs time to deliver earnings. Myanmar is in the initial stage of opening up. Property values are likely to rise once there is economic development, which will benefit Yoma. I think its just a matter of time.
Posts: 7
Threads: 1
Joined: Dec 2012
Reputation:
0
Mainboard-listed, Myanmar-centric Yoma Strategic Holdings has just entered into a non-legally binding head of agreement with The Hongkong and Shanghai Hotels, Limited for a proposed hotel development in Central Yangon, on the site of Yoma’s Landmark Development, which is the former Burma Railway Company building.
Posts: 8,305
Threads: 496
Joined: Jul 2011
Reputation:
60
Irrational exuberance in Myanmar will go on for a long time. Its no different from the China bubble but will be a lot more risky as it is a smaller, poorer country and more autocratic in terms of political system compared to China.
If Cambodia, Laos and Vietnam can suffer under massive corruption problems, Myanmar is no different.
However, as irrational exuberance can continue for a long time coming, the stock market will make this Myanmar bubble look really very real till plenty of suckers get draw in.
Happy punting in Myanmar.
Posts: 2,250
Threads: 104
Joined: Apr 2012
Reputation:
83
Surprise, surprise ! Aberdeen Asset Management & Companies emerged as a substantial shareholder of Yoma - I believe they are committed to buy and hold - but buying in at current valuation 
http://info.sgx.com/webcoranncatth.nsf/V...F0041A43E/$file/Form3AAM2May2013.pdf?openelement
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
|
Homepage
PR Newswire
