Yinggao Share Discussion Threads

[davydoo] 31/5/2011 14:50

Interesting to see they hold almost half the cash in US dollars, I wonder why? As they haven't held dollars before. One of my reasons for investing here is to have my sterling investment linked to a hk dollar and Chinese rmb asset and income, as opposed to sterling or us dollar.

[damanko] 31/5/2011 14:41

davy - I agree with you - but, I'm afraid - get used to it. ARKO/Yinggao has always been like this, and I suppose they ain't going to change.

I am so close to break even (after 8 years....) that I'm almost tempted to sell. Almost. But won't, as I'm also tempted to think that this little (disappointing) investment/company has actually sorted things out.

I once posted (a few years ago) that these shares had sunk to such a low level that I couldn't be bothered to sell. At least they now represent real money. Let us see how the market treats the company in the next few weeks & months.

Normally it was way up, then way down again. Have a feeling this may change, for the better...

[davydoo] 31/5/2011 14:21

As a side note, I'm very frustrated as a shareholder to only see the results thanks to damanko posting a comment here, and not having forewarning of a date. Also not being released at 7am when people that matter are looking at news ahead of the market open. just a simple RNS a week ago would have been sufficient.

[davydoo] 31/5/2011 14:11

A couple of early thoughts beyond the headline figures

17 vessels at year end vs 8 the previous year, with 8 to come, but no mention of how many in first six months of the year, when we know there has already been some. Unless I am reading it wrong, but it says between now and year end 11.

Very impressed how low directors pay is.

[damanko] 31/5/2011 13:56

Operating profit of close to £3.5 million pounds.

Let us see (as, inevitably we have to) - how the market responds to these figures. Initial response favourable, but only 1400 pm, a way to go.

[damanko] 26/5/2011 21:18

A snippet from the Chairman's statement almost a year ago. The second paragraph in particular is interesting, and the update we receive shortly from the company will show whether things really have moved on, and how many of these larger volume vessels (equivalent of 228 x 20 foot container per voyage) have been commissioned, and are in service. If thye news on that score is positive, the wider market may actually sit up and take notice.


"During the year there were two main elements to the progress. Firstly, the excellent developments we have made in growing our core business. Secondly, the rapid growth in carrying capacity of our vessels in our fleet accelerated the increase in turnover of our barging service. The '32' series vessels each with a capacity of 228TEU represented the largest size of similar form of vessel running the corridor between Huangpu and Hong Kong. The high carrying capacity of our fleet, coupled with the strength of our specialist team managing the fleet, means we are well placed to trade through the challenging market conditions still being experienced.

As our market share in the industry is relatively low, we believe there is considerable room for growth in this sector. The Group will benefit from the plan of its majority shareholder to construct around 10 vessels each with a capacity of 228TEU each year. These vessels will then be leased to the Group. With the benefit of this arrangement, we are now in a much stronger position when pursuing Connecting Carrier Agreements ("CCA") with the worldwide container liner companies."

[mattjos] 24/5/2011 22:57

thanks for that Davy. quite looking forward to the results here. such little communication during the year, it's hard to second guess what may have gone on since but, from what digging we have managed to do, the barge fleet expansion looks to be continuing & if the leveraged effect thru to the profit margins continue as before we may have some good cashflow coming thru now to keep the development of the 'one-stop-shop' concept going & maybe re-consider the status of the granite mine - a big asset 'gathering dust' so to speak, at present.
If FY RNS follows last year's pattern, next week looks about the time

[davydoo] 24/5/2011 22:43

Ying Gao 336 has been added since a few of us were doing some digging last month. Thanks to mrionionbahjee2 for the site reference.



Important to remember that the results due shortly will cover the year ending December 2010, with all this activity post period end.

[mattjos] 20/5/2011 13:59

saw that davy :-)

[davydoo] 20/5/2011 13:38

Take a look at the news just out of INB Interbulk. Just shows the importance and money around for chinese logisitics. bodes well for YGH.

[mattjos] 20/5/2011 12:04

Angela has about 800k shares i believe.

I did wonder if the 'new girl' was making her presence felt in the firm and this may be the fallout or, he simply has something more enticing to pursue. Very little to glean from the RNS

[damanko] 20/5/2011 09:53

Chan, Ping Kwan (Age)33 (Since 2009) 2009 Executive Director

Chan, Ping Kwan

Brief Biography

Mr. Chan Ping Kwan is Executive Director of Yinggao Holdings plc. Mr Chan, who gained a Master of Finance Degree from Wollongong University, Australia and has been with the group as operations manager since 2008, has the benefit of working skills and knowledge in terminal operation within the shipping field.

The Company welcomes his to the board. His Other Appointments inlcudes Yinggao Shipping Limited and Keen Lloyd Holdings Limited.

(This from 2009 wnen Mr Chan was appointed)

Full text on board members (from that date):


BiographiesName Description

Leung, Suk Ching Ms. Suk Ching Leung is Executive Chairman of the Board of Yinggao Holdings PLC. She is responsible for the Group administration and human resources affairs. Ms. Leung obtained a Bachelor of Arts degree in European Studies from the Hong Kong Baptist University in 1998 and studied at the University Paris XII V Val de Marne in 1996. She has a knowledge of French and a sound working experience in trading in Europe.

Feng, Yue Ying
Chan, Kit Ching

Chan, Ping Kwan Mr.

Chan Ping Kwan is Executive Director of Yinggao Holdings plc. Mr Chan, who gained a Master of Finance Degree from Wollongong University, Australia and has been with the group as operations manager since 2008, has the benefit of working skills and knowledge in terminal operation within the shipping field. The Company welcomes his to the board.

His Other Appointments inlcudes Yinggao Shipping Limited and Keen Lloyd Holdings Limited.

Chun, Yuet Ming

Miss Yuet Ming Chun has been appointed as Executive Director of Yinggao Holdings PLC with effect from 04 October 2010. She gained a degree in Mathematical Sciences and Economics, also has board appointments with the Company's subsidiaries, Yinggao Shipping Ltd and Yinggao Shipping (HK) Ltd and is fluent in English, Mandarin and Cantonese. She is a beneficiary of the Chin Dynasty Fund which controls the Chin Dynasty Foundation Limited, the ultimate controlling shareholder of the Company.

Thomas, David Mr.

David A. Thomas is Independent Non-Executive Director of Arko Holdings Plc. He is a UK qualified solicitor who is resident in the UK. He has extension corporate finance experience gained both in private practice and whilst working as general counsel and Company secretary in a London investment bank. He has worked with and advised a number of business in the Far East. He has an M.A. in law from Oxford University.

Liu, Sheng Rong

Mr. Liu Sheng Rong is Independent Non-Executive Director of Arko Holdings Plc. He is a lawyer and former Vice Chief Prosecutor in the Prosecution Department of Wu Han, Hu Bei province and is currently Vice President of Guangzhou Zhong Ke Xin Group and Legal Consultant to Inner Mongolia Yili Group.

[buggy] 19/5/2011 22:13

Apart from the chairman, I don't think any of the management have a share holding.

[vauch] 19/5/2011 21:53

Lets hope he has not to many shares to dump.

[buggy] 19/5/2011 21:43

Any views on today's RNS? A bit odd for an executive director to resign with emmediate effect. I suspect something is not quite right but not sure if it is to our advantage or against.

Executive directors do not resign with emmediate effect expecially one that is key to the business, in charge of the barging operations. The company will make him serve his notice to give them time to adjust and possibly find replacement.

In this case I assume that he was forced out, the company will either put him on garden leave and pay his notice period.
That is the way it usually hapens, when you want to leave the company forces you to serve your notice period, but when they want you out they can tuff you out with emmediate effect.

[mattjos] 05/5/2011 21:44

given the pasting elsewhere in the market this week .... our company has fared comparatively well i feel :-) .... a 'one-stop' shop logistics company, primarily serving the intra-ASEAN trading market, & with significant growth in the pipeline. There are many worse places to have an investment at present

[mattjos] 05/5/2011 11:51

a few more eyes on this one now i suspect and stock seems to be being more readily picked up, as & when it becomes available.
Not so long till the FY figures and, we hope, a little more detail on the growth plans for the company so that the market can begin to look forward here with some increasing levels of certainty & have a plan to gauge progress against

[mattjos] 28/4/2011 12:23

WINTS as well Davy

be nice if the FY's were early this year ... that would be a confident statement from the company.

[davydoo] 28/4/2011 08:00

3 that I can see this morning WINS PEEL SCAP

[mattjos] 27/4/2011 12:26

has it always been 4 MM's here? thought it was 3 until recently

[mattjos] 18/4/2011 19:33

we do seem to be slowly leaving the sub-2p trading range behind us now. not long to results now, in terms of relatively illiquid small cap like this.

[mattjos] 08/4/2011 10:15

well, plenty of independent evidence that the Ying Gao fleet is busy & growing, as mgmnt have advised. The more cusotmers they have, the more opportunities there are to offer the 'one-stop' shop of associated services & so help drive both revenues & profits