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Quote " .... now intend to build SUBMARINE.
no wonder...share price also like submarine....go deep under water for sometime before they can re-surface above $1.....again....
during 2008 Lehman crisis, it went as low as 0.40.....
wishbone ( Date: 04-Oct-2011 09:12) Posted:
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Walau this counter drops like no bloody biz. Scary Sia!!!!
Free fall!!!!!
Where is the bottom??? Look like they are changing their core business instead of building ship now they now intend to build SUBMARINE.
R U in the West (I mean USA), why you said " have a nice weekend" . Today is just the beginning of the week, Monday you asked me to have a nice weekend??????????
LOL, Hehe!!!
NVM, during this siao market period we must also act and behave crazy. Have fun and enjoy although I lost some money but better than being slaughter hard. Win some lose some.
teeth53 ( Date: 03-Oct-2011 20:52) Posted:
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Thanks. Cut loss is part and parcel of the game.
No hard feeling about it. Win or lose is also part of the game. Even gurus make mistake.
jonasljk ( Date: 03-Oct-2011 16:22) Posted:
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congrats for cutting loss!
wishbone ( Date: 03-Oct-2011 16:14) Posted:
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Although I did not hold any now (after cutting loss) but I see the way it comes down also very kate sim. Some more it drops by that much.
How long will this continue and how long will it take to go back to $1.00 and beyond again.
Sigh!!!!!
Markets continued to slump on Friday
The FSSTI index fell 1.2% to 2,675.2, with more than two stocks falling for each that rose in the 30-stock index. China-based shipbuilders fell after a report by the National Development and Reform Commission showed new orders for Chinese shipyards in August declined 60% yoy. The broader market saw 139 gainers and 327 losers, with trading value amounting to S$2.68b.
jonasljk ( Date: 03-Oct-2011 10:26) Posted:
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i suggest anyone holding this to run road for now, i dont see any support for this counter. at least STX got support at IPO price
wishbone ( Date: 03-Oct-2011 10:02) Posted:
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YZJ falls so much faster than Cosco.
Bot - Start to worry, Sell or don sell ?. Be it to sell / buy and or hold.
It about paying the price for doing oneself believe in...what is right, err...doing nothing is even worst.
The best part is when action is taken (decision is made) doing in-action or frag innocent or ignorant.
teeth53 ( Date: 30-Sep-2011 22:34) Posted:
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http://sg.finance.yahoo.com/q/bc?s=BS6.SI& t=1d (Sept 30, 2011 - Friday, one day trade chart)
YZJ bot-back a mil shr. Sept 30. SGX Announcement 175. A drop in d ocean. Don look effective in stamping d fall..:((
| YANGZIJIANG SHIPBLDG HLDGS LTD | DAILY SHARE BUY-BACK NOTICE | Sep 30 2011 | 06:11:14 |
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.885 | 210 | 3,131,000 | 3,131,000 | 0 | 0 |
| Cls - 0.890 | 2nd most deal-630 | 7,186,000 | 3,550,000 | 0 | 3,636,000 |
| 0.895 | 310 | 3,760,000 | 3,121,000 | 0 | 639,000 |
| 0.900 | 387 | 4,307,000 | 2,932,000 | 0 | 1,375,000 |
| 0.905 | most deal done-992 | 7,950,000 | 3,211,000 | 399,000 | 4,340,000 |
| 0.910 | 295 | 3,462,000 | 2,520,000 | 0 | 942,000 |
| 0.915 | 257 | 2,313,000 | 1,007,000 | 0 | 1,306,000 |
| open aft 9 am - 0.920 | 159 | 1,157,000 | 863,000 | 0 | 294,000 |
| Pre-Open - 0.925 | 218 | 4,086,000 | 715,000 | 29,000 | 3,342,000 |
| 0.930 | 15 | 103,000 | 0 | 0 | 103,000 |
| Pre-Open - 0.938 | 1 | 1,932,000 | 0 | 1,932,000 | 0 |
| TOTAL | 3,474 | Total Vol- 39,387,000 | (Bid) 21,050,000 | (Mid) 2,360,000 | (Ask) 15,977,000 |