YZJ Shipbldg SGD    Last:3.28    -0.04

Cruising with the ship ..Yangzijiang

Will credit crunch and corporate failure in Euro Zone affect YZJ in next 12 month?

Can ship breaking business cover loss in shipbuilding margin after 2013?

  ““Yangzijiang… is well-positioned with a healthy order book until next year and shouldn’t face any earnings pressure until 2013,” Ren says. By then, it would have begun generating new revenue streams from ship breaking and building steel structures for the offshore sector, businesses that commenced operations in 3Q2011.By 2015, Ren hopes to derive 40% of revenue from the two new divisions, with the remaining turnover coming from shipbuilding.’

(source: http://kfc1973-stock.blogspot.com/2011/11/testing-rens-entrepreneurial-talent.html )

 

I tend to agree. yzj will rebounce when the market eventually move up cos its fundamental is very strong. Currently it is being drag down like all big strong  blue chips by events in Europe.

 

YZJ is a counter where you long.

Good stable EPS till 2014, est at 18cts to 20cts with dividend payout est 5cts

At $1.00 YZJ can keep for few years till price up to $2.00? dividend yield of 5%

Trading YZJ is wild.

 

COSCO and YZJ is like Bro and sis...Ab sibei jialat bo..?. come down so much..?.

 

I do notice during down days previously for both counters, yzj usually tends to recover more rapidly than cosco. 

Hawkeye      ( Date: 25-Nov-2011 13:25) Posted: Fundamentals the same. Usually Yangzijiang is lower than Cosco Guess BB do some shorting to make money. If investor take the que and sell in anticipation of lower price then BB wins. samsonite      ( Date: 25-Nov-2011 12:36) Posted: Any bad news? Why drop so much compared to cosco & stxosv?

 

Fundamentals the same.

Usually Yangzijiang is lower than Cosco

Guess BB do some shorting to make money. If investor take the que and sell in anticipation of lower price then BB wins.

samsonite      ( Date: 25-Nov-2011 12:36) Posted: Any bad news? Why drop so much compared to cosco & stxosv?

 

Any bad news? Why drop so much compared to cosco & stxosv?

 

Finally BB take a bet to short Yangzijiang big.

Price at $0.86 Time to buy in for the rebound? 1cts profit is enough go a good cup of coffe

 

On Friday, Yangzijiang trend downwards and closed at $0.905 with LOW volume of 9.66 million shares traded.

A black candle stick with little upper/lower shadow affirms that investors have no hesitant in selling lower.

RSI & MACD are bearish as MACD perform a “death cross” recently.

Currently prices are resisted by 20/50 days MA.

Immediate Resistance of Yangzijiang: $0.975

Immediate Support of Yangzijiang: $0.885

Since 11/Oct, prices have been .................... READ MORE

 

 

$0.905 today

JUNWEI9756      ( Date: 21-Nov-2011 23:50) Posted: Sifu i beg to differ. I am longing YZJ. Maybe average down at $0.905 tmr :) alexchia01      ( Date: 21-Nov-2011 23:45) Posted: I think can short Yangzijiang tomorrow, if market allows. Entry: $0.915 Stop-Loss: $0.985 Target: $0.770 More on my Blog at Alex Trades. Good luck.

 

Sifu i beg to differ. I am longing YZJ. Maybe average down at $0.905 tmr :)

alexchia01      ( Date: 21-Nov-2011 23:45) Posted: I think can short Yangzijiang tomorrow, if market allows. Entry: $0.915 Stop-Loss: $0.985 Target: $0.770 More on my Blog at Alex Trades. Good luck.

 

I think can short Yangzijiang tomorrow, if market allows.

Entry: $0.915

Stop-Loss: $0.985

Target: $0.770

More on my Blog at Alex Trades.

Good luck.

 

Looks like Yangzijiang is getting ready to charge!

http://mystocksinvesting.com/singapore-stocks/yangzijiang/yangzijiang-bull-is-getting-ready/

 

Highlighted by CIMB  : interest income should come up to about Rmb1.2bn p.a

45% non-shipbuilding profits 
We estimate that non-operating income (interest income and subsidies) could dominate about 45% of YZJ’s earnings in FY11-12. In 3Q11, they contributed about 43%. Management guided that interest income should come up to about Rmb1.2bn p.a. on the back of Rmb10.4bn investment trusts (10-15% returns). These investments are likely to remain at Rmb10bn levels until FY13, for business diversification. We continue to see risks from these investments in a volatile market, as the ratio of share collateral dropped qoq to 2x from 2.66x.

(source: http://kfc1973-stock.blogspot.com/2011/11/yangzijiang-mini-conglo-in-making-cimb.html)

 

 

Sell into strength....Arhh. Happy trading. Don say neber tell.

Yangzijiang

Op-0.935

Cls-0.940

-0.025

-2.6%

Vol-6,720,000

1,128,000

0.940

0.945

323,000

Hi-0.945

Lo-0.930

Hunter2011      ( Date: 07-Nov-2011 20:27) Posted: i never hold YZJ but watching closely, caused YZJ is one of the best  among s-chips teeth53      ( Date: 07-Nov-2011 13:01) Posted: Sell into good news and take ur profit...Arhh

 

Correct. Even with good results still drop 2 cents means nothing and no one is safe.

teeth53      ( Date: 09-Nov-2011 21:24) Posted: This ship is solid over short to mid term, but don say never tell, it still volatile on short term to mid term. teeth53      ( Date: 07-Nov-2011 23:24) Posted: Whoa...Read Midas is strongly bet to go up 1.91 - a 375% profit, like that YZJ can jump start to hit new higher high. Happy trading to all. good luck to all.

 

Yangzijiang is now  " Noah's Ark" at this time of turmoil.

krisluke      ( Date: 09-Nov-2011 18:51) Posted: YZJ: Results above consensus. 3Q Rev at Rmb3.5b +11.6% yoy +9.4% qoq with net profit at Rmb1.0b +39.8% yoy +5.9% qoq. Gross margins were up qoq from 22.1% to 27.7%. Better results were driven by more vessels constructed and delivered in 3Q2011 with sizeable contributions (55% of rev) in the 92500DWT space. Other income also increased at Rmb229m with income of Rmb40m contributed by microfinancing businesses Wuxi Runyuan and Jiangsu Runyuan. Order book stood at 114 vessels with total value of US$5.3b (Rmb33.6b). Co remains confident of new orders due to its R& D capabilities and strategy to capture perceived demand in 10k TEU container vessel space. Cautions that outlook for bulk carrier segment remains weak. 3Q EPS at Rmb26.6c. At annualized 9M11 earnings, co trades at approx 4.7x P/E. Peer COSCO trades at fwd P/E of 14.3x.

 

This ship is solid over short to mid term, but don say never tell, it still volatile on short term to mid term.

teeth53      ( Date: 07-Nov-2011 23:24) Posted: Whoa...Read Midas is strongly bet to go up 1.91 - a 375% profit, like that YZJ can jump start to hit new higher high. Happy trading to all. good luck to all.

 

YZJ: Results above consensus. 3Q Rev at Rmb3.5b +11.6% yoy +9.4% qoq with net profit at Rmb1.0b +39.8% yoy +5.9% qoq. Gross margins were up qoq from 22.1% to 27.7%. Better results were driven by more vessels constructed and delivered in 3Q2011 with sizeable contributions (55% of rev) in the 92500DWT space.

Other income also increased at Rmb229m with income of Rmb40m contributed by microfinancing businesses Wuxi Runyuan and Jiangsu Runyuan.

Order book stood at 114 vessels with total value of US$5.3b (Rmb33.6b). Co remains confident of new orders due to its R& D capabilities and strategy to capture perceived demand in 10k TEU container vessel space. Cautions that outlook for bulk carrier segment remains weak.

3Q EPS at Rmb26.6c. At annualized 9M11 earnings, co trades at approx 4.7x P/E. Peer COSCO trades at fwd P/E of 14.3x.

 

hope can regain $1 quickly