YZJ Shipbldg SGD    Last:3.32   -

Cruising with the ship ..Yangzijiang

chance fall to ard $1.20 is there...

Hawkeye      ( Date: 23-Mar-2012 14:46) Posted: YZJ fundamentals and order book with profit margin still very strong. Well supported above 1.30 to me. moneycow      ( Date: 23-Mar-2012 14:30) Posted: You on the sideline after sold off earlier ?

 

ive shorted @ yesterday day high.

moneycow      ( Date: 23-Mar-2012 14:30) Posted: You on the sideline after sold off earlier ? eurekaw      ( Date: 23-Mar-2012 14:22) Posted: Price will still fall further for YZJ.

 

YZJ fundamentals and order book with profit margin still very strong.

Well supported above 1.30 to me.

moneycow      ( Date: 23-Mar-2012 14:30) Posted: You on the sideline after sold off earlier ? eurekaw      ( Date: 23-Mar-2012 14:22) Posted: Price will still fall further for YZJ.

 

You on the sideline after sold off earlier ?

eurekaw      ( Date: 23-Mar-2012 14:22) Posted: Price will still fall further for YZJ.

 

Any reason to support what you say ?

eurekaw      ( Date: 23-Mar-2012 14:22) Posted: Price will still fall further for YZJ.

 

Price will still fall further for YZJ. 

 

Wonder why  no strength after a good run. Fall quite alot from recent high of $1.42 ............

Some people  push the price down so they can collect big lots at cheap - to grab 5.5 cents dividends...or something... but not yet CD :)

 

Price controlled for good reasons  as  play on this counter  far from over as there are currenlty short players and BB continues to accumulate. Volume is high today, and relative to other top vollume counters if is really high. End of day short players will start to cover positions esp if Europe markets open up.

Market sentiments may be still unstable but fund houses continue to recommend this counter.

settowin      ( Date: 21-Mar-2012 14:17) Posted: Yes, you can go to see the sell queues and anyone can notice that at every bid up, there is an somewhat uniform sell 330 to 350 lots. Not easy to break the wall at the sellers'. settowin      ( Date: 21-Mar-2012 14:05) Posted: Looking at the queue, seems that a concerted effort to bring down the counter is present.  The sellers are well guarded at the sell queues

 

Yes, you can go to see the sell queues and anyone can notice that at every bid up, there is an somewhat uniform sell 330 to 350 lots.

Not easy to break the wall at the sellers'.

settowin      ( Date: 21-Mar-2012 14:05) Posted: Looking at the queue, seems that a concerted effort to bring down the counter is present.  The sellers are well guarded at the sell queues. moneycow      ( Date: 20-Mar-2012 14:47) Posted: Maybe because that TopSage from CNA bought this - run out of  luck :)

 

Looking at the queue, seems that a concerted effort to bring down the counter is present.  The sellers are well guarded at the sell queues.

moneycow      ( Date: 20-Mar-2012 14:47) Posted: Maybe because that TopSage from CNA bought this - run out of  luck :) pcxiao2008      ( Date: 20-Mar-2012 13:28) Posted: any views why yzj drops so much since yesterday after hit 1.42? is it because of china or bad news coming up for this stock? Still vesting on this stock at high price

 

One investor needs money to pay for Apple shares, so he must sell some.  After he finished, YZJ should recover, lol.

 

Maybe because that TopSage from CNA bought this - run out of  luck :)

pcxiao2008      ( Date: 20-Mar-2012 13:28) Posted: any views why yzj drops so much since yesterday after hit 1.42? is it because of china or bad news coming up for this stock? Still vesting on this stock at high price

 

YZJ had went up quite a lot from last Thursday and Friday. Do not know exactly what is going on but I am guessing perhaps it could be price correction...

 

any views why yzj drops so much since yesterday after hit 1.42?

is it because of china or bad news coming up for this stock?

Still vesting on this stock at high price

 

If you are vested before BB then it is very good.

If you are vested same time as BB then you are competing with BB be wary.

If you are vested after BB in, then you should be very fearful.

BB or small time investor are in for one thing, pofit. When BB run they dump like tipper lorries. We dump make no effect.

Then make sure we take profit before they do!

moneycow      ( Date: 16-Mar-2012 12:13) Posted: > 25%  potential upside if the report is to be belief. But big  investors looks for such reports to sink in their money ..................  12 months target I guess... moneycow      ( Date: 16-Mar-2012 12:11) Posted: Target raised ... ========= Bank of America Merrill Lynch (BaML) raised its target price on Singapore-listed shipbuilder Yangzijiang YAZG.SI to S$2.12 from S$2.08, citing a potential rise in orders for large containership orders from mid-2012. It maintained its buy rating on Yangzijiang. The shares were up 1.5 percent at S$1.385, and have soared 52 percent this year. BaML said the company could see its first rig building contract wins in the second half of the year, helped by support from the Chinese government. It also noted that shipbreaking, where ships are broken up for scrap recycling, could also see a boom amid low freight rates, as 27 percent of dry bulk carriers globally will be 20 year or older in the next five years.

 

> 25%  potential upside if the report is to be belief.

But big  investors looks for such reports to sink in their money ..................  12 months target I guess...

moneycow      ( Date: 16-Mar-2012 12:11) Posted: Target raised ... ========= Bank of America Merrill Lynch (BaML) raised its target price on Singapore-listed shipbuilder Yangzijiang YAZG.SI to S$2.12 from S$2.08, citing a potential rise in orders for large containership orders from mid-2012. It maintained its buy rating on Yangzijiang. The shares were up 1.5 percent at S$1.385, and have soared 52 percent this year. BaML said the company could see its first rig building contract wins in the second half of the year, helped by support from the Chinese government. It also noted that shipbreaking, where ships are broken up for scrap recycling, could also see a boom amid low freight rates, as 27 percent of dry bulk carriers globally will be 20 year or older in the next five years.

 

Target raised ...

=========


Bank of America Merrill Lynch (BaML) raised its target price on Singapore-listed shipbuilder Yangzijiang YAZG.SI to S$2.12 from S$2.08, citing a potential rise in orders for large containership orders from mid-2012.

It maintained its buy rating on Yangzijiang. The shares were up 1.5 percent at S$1.385, and have soared 52 percent this year.

BaML said the company could see its first rig building contract wins in the second half of the year, helped by support from the Chinese government.

It also noted that shipbreaking, where ships are broken up for scrap recycling, could also see a boom amid low freight rates, as 27 percent of dry bulk carriers globally will be 20 year or older in the next five years.

 

Any minor pull back would be a great opportunity to get on it.....  its good for mid term. Contra is too risky. Buy and gold.


It  should hit about $1.50 within 2 weeks....  if there are no major adverse market news..

Do your own DD.. Juts my personal view nia.

pcxiao2008      ( Date: 16-Mar-2012 10:02) Posted: so what's your view now on this stock? touches $1.4 already and uptrend... short or long? isn't too risky to go in now? though 5.5c dividend but has it been officially declared?   moneycow      ( Date: 16-Mar-2012 09:58) Posted: so far every year their earning increases..... they were $1.80 above just before last August's  market  downing due to the Greece euro problem..  If  Euro side is stable.... for a long while and they get a few more big contracts. Surely  over their previous high.....in time..   Within 6-12 months.  But don't expect market to be so smooth throughout..    at some point it would have to strop take a break and carry on....

 

YZJ broke $1.4 today! But I was out yesterday. Anyway am happy with the profits. =) Got + is good!

Igony77      ( Date: 15-Mar-2012 20:57) Posted: YZJ reached its highest point in the past few week. Gonna see if it break its own record tomorrow or not.

 

so what's your view now on this stock? touches $1.4 already and uptrend...

short or long? isn't too risky to go in now? though 5.5c dividend but has it been officially declared?

 

moneycow      ( Date: 16-Mar-2012 09:58) Posted: so far every year their earning increases..... they were $1.80 above just before last August's  market  downing due to the Greece euro problem..  If  Euro side is stable.... for a long while and they get a few more big contracts. Surely  over their previous high.....in time..   Within 6-12 months.  But don't expect market to be so smooth throughout..    at some point it would have to strop take a break and carry on....   Igony77      ( Date: 15-Mar-2012 20:57) Posted: YZJ reached its highest point in the past few week. Gonna see if it break its own record tomorrow or not.