Yongnam's share price has been declining and in the last session, it closed at 31c. Now, this got my attention. I initiated a large long position in Yongnam at 24.5c and have collected two rounds of dividends. I have also divested three quarters of my investment in the company by now as its share price rose. As I started divesting a bit too soon, I estimate that only two third of my remaining long position is free of cost. Including dividends collected, however, close to 90% of my long position is free of cost. Remaining long position still shows a 26% paper gain even after the decline in the last session. All in all, this has been a pretty good investment for me. So, why do I like Yongnam? Yongnam is a natural beneficiary of the planned expansion of the MRT network in Singapore. It is a leader in the ......