
Yangzijiang ALAMO ...
loserloser ( Date: 03-Aug-2012 09:04) Posted:
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looking bad today.... no support... Holding till face turning green... 
Any advise?  
look like big fish eat fish...
TODAY WHO BASED ON COSCO TO SHORT THIS COUNTER DIE HARD MEH
FEW HOUSE FMs GET BURNT AND PLAY OUT BY BIG TIMERS.........
dun look gd...
 
oldflyingfox ( Date: 02-Aug-2012 17:41) Posted:
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today closed unchange with high volumn, may not a bad sign.
What is your opinions?
Today Yangzijiang is Alamo Day.
BB take a 10million share to weigh it down the surface. 0.975
Buy in at 90cts
For one dollar counters, this one is best, short term or long term.  Short term can sell around $1.05 and long term $1.50.
I am going in soon, this week the latest.  Buy $1.00 stop loss @ $0.975, target: after buying continue holding with trailing 2 cents if it does move up strongly at all.
Going cheaper and cheaper.  Now its PE ratio is only less than 4.5 times.  If profit continues, it is very worth the while to buy now.
Hawkeye ( Date: 30-Jul-2012 11:48) Posted:
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YZJ sold down - below $1.00 waiting at 90cts
oldflyingfox ( Date: 27-Jul-2012 16:37) Posted:
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It was fighting along the $1 line for the few last days, by  next week, we will know who has won.
Those who had supported YZJ at 0.995 to 1.0 are unloading to cover back at 1.005 to 1.01
For YZJ to climb further than 1.01, need high volume of at least 10,000,000 shares buy in at 1.01
By Early next month when YZJ 2Q12 result is out we would know if YZJ will go up or go below $1.00
oldflyingfox ( Date: 24-Jul-2012 10:28) Posted:
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I think otherwise, $1 is the support line and I have longed at this level.
I think can Short Yangzijiang Today.
Entry: $1.015 to $1.000
Stop-Loss: $1.055
More on my Blog at Alex Trades.
Good luck.
 
yangzijiang hv more room to go. For the long term i may hit 2.00 above.
 
BUY N HOLD
There is good news instead but won't  have immediate impact on the this year earning.
Yangzijiang and Creon enters joint-venture to enter into offshore market.
http://www.reuters.com/article/2012/07/17/idUS52482+17-Jul-2012+RNS20120717
What " Bad News" have you got. Pls share I can not find any rather than the ship building industry having very low volume.
YZJ had orders to sustain up to 2014 and they shift a old yard to develope it jointly with the provincial govt - cut cost which is good news.
 
Bopanha ( Date: 16-Jul-2012 10:57) Posted:
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You mean it will drop to its NAV?  Unless they make a loss, I don't think it will go there 77/80 cents!
Bopanha ( Date: 16-Jul-2012 10:57) Posted:
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I believe so.  With so much bad news about the company and business, most likely it might trade in the 77-80 cents range.
Tomique ( Date: 16-Jul-2012 10:49) Posted:
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