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YZJ Shipbldg SGD Last:2.2

-0.01

Yangzijiang Chart Updates

Anyway I bought this at 0.955 before Christmas that is when I see it should go up before cny plus a contract sign during that time and must load off when I am happy with the earnings and I only see pass 5 yrs chart not more than that cause the pass and present is totally different era now. So even if I load off at 1.05 I still have about 5% earnings

Well I look at yahoo finance chart. Tat is my guide line. When to load or unload. Well I don't normally sell down I always buy and keep. So due to so many uncertainties, I only play hit and run earning 5-10% run if drop too much then LAN LAN hold Liao

cheongsl ( Date: 21-Jan-2013 06:53) Posted:

I believe you must have some support for your claim, pls show us your data, as I have check the STI for the past eight years, before chinese new year 4 years are up, 1 years is maintain and 3years are down. Thus your claim is only 38%, that is a very very high risk claims. Currently I buy/sell for trend that is chances of 75% and above. As Buy (75%) sell (75%) = 56%, thus still have more then 1/2 the chances of winning.

NoMoney ( Date: 20-Jan-2013 16:12) Posted:

target for me to load off is 1.05 due to CNY and pass charts most shares will drop alittle before CNY so i wont be supprise if ti drops to 0.95-0.97

already load off some at 1.13

I believe you must have some support for your claim, pls show us your data, as I have check the STI for the past eight years, before chinese new year 4 years are up, 1 years is maintain and 3years are down. Thus your claim is only 38%, that is a very very high risk claims. Currently I buy/sell for trend that is chances of 75% and above. As Buy (75%) sell (75%) = 56%, thus still have more then 1/2 the chances of winning.

NoMoney ( Date: 20-Jan-2013 16:12) Posted:

target for me to load off is 1.05 due to CNY and pass charts most shares will drop alittle before CNY so i wont be supprise if ti drops to 0.95-0.97

already load off some at 1.13

It was old news. Check share price after news announced, no moving at all. Why? Because this price to build a jack up surely lose money. Wahahaha!!!!!

neo8180 ( Date: 20-Jan-2013 20:21) Posted:

it is good news... but isn't it old news...?

Tomique ( Date: 20-Jan-2013 18:39) Posted:

SHORTISITS WILL BE FRIED

News Release!!!! (For the vested)

Yangzijiang secures maiden offshore order worth US$170 million for Jackup Drilling Rig,

---with option to construct one additional identical unit.

“This is definitely exhilarating news for the Group as it sets the group firmly on its direction into the Oil and Gas space. The rig will be constructed in our existing shipyard,JNYS in China, which allows the Group to leverage off its existing worldclass vessel building capabilities.

We identified offshore as a growing market and have worked hard on adding that

exposure to our portfolio in years. Our perseverance, dedication and commitment

have finally paid off with the successful entering of the first rig building agreement.

We will certainly employ our cost and project management expertise into building a track record for offshore products. I believe successful execution and delivery of this offshore rig order will not only set a new record in the history of

Yangzijiang, but also strengthen our new branding and positioning as an integrated marine service provider.”

Mr Ren Yuanlin (任元林 ), Executive Chairman, Yangzijiang