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YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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SuperLuckyCorn
Supreme |
20-Aug-2019 17:06
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Ah pui, congrat & cheers.
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runaway
Senior |
20-Aug-2019 17:04
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One important point about the alleged corruption is that ths company Did Not make a voluntary disclosure.   The alleged corruption was made public by a 3rd party on one fine morning which caused its share to fall sharply. Only then did the company request for a trading halt and make an official announcement.   In this respect, the company had failed to disclose material information timely. |
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SuperLuckyCorn
Supreme |
20-Aug-2019 16:57
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Er..master Pui, why u come out so quickly. U come out YZJ will bounce back. No choice, we have to wait longer. Miss ur pui pui dance.  
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troxxy
Senior |
20-Aug-2019 16:40
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crash shuld be coming . take cover | ||||
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pool100
Veteran |
20-Aug-2019 16:26
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Chart technicals look bad. Lots of bargain hunters who jumped in above $1 being trapped and this new overhang will cause more downward pressure in the coming days. Looks like it' ll head back to 85 cent in the short term. |
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whysoserious
Supreme |
20-Aug-2019 16:17
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Getting smashed!, 1 dollar in your dreama | ||||
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Trader-101
Supreme |
20-Aug-2019 14:44
Yells: "Don't trust what i say, Trust your decisions. " |
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Finally this person exposed herself 
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limahping
Senior |
20-Aug-2019 14:35
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Wah Lau. This post is just aweful. Joleen just said that she said things in the forum, to suit her purchase or sell.    Openly.  !!
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BenjenStark
Member |
20-Aug-2019 14:28
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A mixture. Read the past 5 years financial statement again, information is inside. Don' t expect Moody' s or S& P kind of credit risk rating system used cos this is china. Generally yzj takes a less riskier stance in their investments. Their profile has a sizable exposure to real estate/property. They have also been talking for years about lowering microfinancing business which is deemed high risk.
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Elf2000
Elite |
20-Aug-2019 14:19
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If $0.99 and $0.995 eaten up then buying will start to kicks in... am still waiting at $1.05 | ||||
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brchkho1
Master |
20-Aug-2019 14:14
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It' s certainly good for the management to use the surplus liquidity to generate higher returns then the interest of the borrowings. As the earning weightage is about 1/3 of the revenue, it warrants more disclosure on these debt investments.
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singaporean
Member |
20-Aug-2019 14:04
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I have been holding yzj for years and am confident it will sail through this storm shortly. Wish to point out CEO 2 years ago paid $1.50 x 2m shares and I believe yzj will surpass $1.50 after some understanding/solution is reached on the China-US Trade War, Brexit, etc. If somehow many holders continue to doubt the Chairman and coy performance thus depressing its price, it will then give me the opportunity to accumulate more. | ||||
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brchkho1
Master |
20-Aug-2019 13:53
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Believed all these Debt Investments are Held To Maturity (HTM mentioned in previous years AR), the problem is nothing much disclosed in the reports, and it' s spreadhead by the Chairman as stated in the Annual Report 2018. Are these Debt Investments referring to investing in Bonds?, Debentures? Financing to other Companies? or what? THe quality of these Debt Investments? Does any one know? Any shareholder clarified in the past AGMs?
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ysh2006
Supreme |
20-Aug-2019 13:45
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Hi Joleen Nice see you post again your Peter Lim counter please don' t delete good to read how Peter maybe want to " magic us" ...
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runaway
Senior |
20-Aug-2019 13:43
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I repeat, Allegation is Not a crime. The Chief is being investigated for an alleged corruption, whethe he is the one being alleged, or being implicated by the alleged person, we have no information to ascertain. Given this context, it is my view that the counter is risky. That is all I have implied.   |
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limahping
Senior |
20-Aug-2019 13:37
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Alamak, I really cannot follow your logic. Like Si Suay Kong one....
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Trader-101
Supreme |
20-Aug-2019 13:20
Yells: "Don't trust what i say, Trust your decisions. " |
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You can go and search for it :-) I see that you have been ignoring traders response towards your posts , does that mean you are admitting that you are trying to mislead people here ? 
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xyz123456
Member |
20-Aug-2019 13:15
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It misleads people to bring Njb case here.  Just like how Trade Winds misled readers by putting Ren' s big picture under an ambiguous headline, when he was not even the subject of the investigation.  Btw the link page has been removed. 
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xyz123456
Member |
20-Aug-2019 13:09
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Agreed.  | ||||
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BenjenStark
Member |
20-Aug-2019 13:07
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My view is new investments might not get signed off due to Ren' s absence. But ongoing operational interest income continues to flow in. Risk management continues to be managed. Near term investment segment won' t be affected much. Depending on how soon Ren returns, mid term new investment decision might still require Ren to sign off.
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