
I don't think that it will be as bad as last year... should stay above $1 even after xd.
If market is viewed as sick, then both of these will go down again to below $1.00.  Lets hope some good news oozes out from the market, lol.
where the support line?
is it $1.085?
2ndly at current prices if compare yanlord to this yzj, which of the 2 u guys think gives better upside % and lower downside risks if hold for 1 year to March 2013?
I now left only exactly $61,237 in my trading account, I had been monitoring these 2 stocks for 2 mths liao, thinking of buying 1 counter between these 2 to hold for 1 year but do not intend to buy both becos I wan diversify a bit.
oldflyingfox ( Date: 08-May-2012 16:34) Posted:
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Price drop to 1.03 - start massive buying
susan66 ( Date: 08-May-2012 20:35) Posted: |
still weak....no reversal yet...
 
strange thing is during cd many of the stocks giving dividends fall. Like Ossim that time also. Also the CD period is dan long :)
When after XD. It stable down - it should moves on good news or good market...............
Yes, XD next Thursday and the yield is good. The company has also grown bigger and steady over the last 5 years.
However, the technical charts looks bad now, hopefully, it will start to rebound from the support line soon.
Howe123 ( Date: 07-May-2012 21:19) Posted:
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On Monday, Yangzijiang broke the support at $1.165 and closed at $1.125 with HIGH volume of 18.5 million shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.
RSI & MACD are bearish though RSI in oversold region.
Currently prices are supported by 200 days MA.
Immediate Resistance of Yangzijiang: $1.165
Immediate Support of Yangzijiang: $1.085
Since Mar 2012, prices have ...........    READ MORE
 
5.5 cts dividend per share XD next week, right.?
 
the yield looks very good
this is a slow boat...but maybe found support @1.17
cheekong22 ( Date: 04-May-2012 11:30) Posted:
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yzj up up up.  buying pressure very good. 1.24 soon. 
very well supportd at 1.18 now. ready to chiong 1.24 in sight. and seeing 1.3 soon. strong strong rebound. cover my shoot and bouht in 1.19 20 lots. swee.. 
well supported @ 1.16...looks like staging a rebound within its double top play...tricky!
 
oldflyingfox ( Date: 03-May-2012 15:49) Posted:
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xd on 17 May with dividend of $0.055
I managed to cherry pick some at 1.17 yesterday. Cheong la!!!
cheekong22 ( Date: 03-May-2012 14:45) Posted:
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YZJ up and u. chiong liao. bottomed up as expected cos I shorted it. once i short it go up. time to buy in now at 1.195. tomo will hit 1.24. 
High buy vol. US market also very strong so now YZJ  and will xd coming. market alwasy goes against me. this time i shorted but it go up agian 
Dividend or no dividend short sellers seem to have stayed away as price already seem to have bottomed.
Is shipping outlook so gloomy?
alooloo ( Date: 27-Apr-2012 15:07) Posted:
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Yes, you get get dividend.
However, the share price normally drop as much, if not more than the dividend after the day of XD...
If you plan to hold for dividend, you might as well plan to hold for longer term than the XD...
sk6666 ( Date: 27-Apr-2012 10:08) Posted:
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