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YZJ Shipbldg SGD
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The Only Shipbuilding Blue Chip in SGX!
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Winnertakeall
Elite |
13-Apr-2026 12:40
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Why SBB is usually positive for YZj Shipbuilding 1. Signals management thinks stock is undervalued
2. Improves shareholder returns (EPS, ROE)
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JurongW
Elite |
12-Apr-2026 13:05
Yells: "Earnings give weight, Chart give wings" |
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YZJ should be on the way up this week. |
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stockpicker
Master |
11-Apr-2026 20:43
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Proposed Shsre buy back https://links.sgx.com/1.0.0/corporate-announcements/7ZJA5ATPP96JANKM/2066095b18987b8df86df5d9df6bcc27d6be87341f3509ce4b5047cd3a29aeb5 |
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pursuer76
Veteran |
09-Apr-2026 13:04
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think need more analyst to raise the TP then got impact. Best is DBS also join in. See YZJ maritime and u will know. | ||||||||||||||||||
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Joelton
Supreme |
09-Apr-2026 11:17
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UOBKH raises Yangzijiang Shipbuilding target price to S$4.75 on Seaspan stake It will acquire a 10% stake in Poseidon, the holding company of Seaspan, for US$825.7 million [SINGAPORE] UOB Kay Hian (UOBKH) raised its target price for Yangzijiang Shipbuilding (YZJ) : BS6 +0.76% to S$4.75 on Monday (Apr 6), up from S$4.60. It cited a strategic acquisition that enhances the group&rsquo s &ldquo visibility, stability and growth&rdquo . UOBKH analyst Adrian Loh maintained a &ldquo buy&rdquo call on the Chinese shipbuilder, following the group&rsquo s announcement that it will acquire a 10 per cent stake in Poseidon, the holding company of Seaspan, for US$825.7 million. Seaspan operates long-term charters with major liners, providing stable contracted cash flows and counter-cyclical earnings relative to shipbuilders, Loh noted. The investment was made at a premium of roughly 2 to 25 per cent over fair value, but Loh believes the &ldquo financially full&rdquo price is justified by strategic considerations. These considerations include securing alignment with Seaspan, and likely enhances order visibility going forward, he said. The company indicated that the acquisition would have increased 2025 pro forma net profit by around 5 per cent. &ldquo The investment positions YZJ further upstream in the container ship value chain, providing direct visibility into fleet renewal cycles and global charter dynamics,&rdquo he added. &ldquo We view the Poseidon investment as a clear step towards vertical integration, linking YZJ more closely with end-demand,&rdquo Loh said. &ldquo As a result, YZJ should now have forward visibility on fleet expansion and replacement needs, thus enabling it to better plan yard capacity, optimise slot utilisation and secure repeat orders. &ldquo In effect, the company embeds a degree of order pipeline visibility into its business model, reducing earnings volatility and mitigating the traditional boom-bust dynamics of shipbuilding.&rdquo The brokerage also highlighted the group&rsquo s robust operational performance. YZJ secured 22 new vessel orders worth US$980 million in Q1 2026, comprising 17 container ships, four oil tankers and one bulk carrier. Its US$23 billion order book across 256 vessels supports earnings visibility through 2029. Loh noted that structural drivers remain firmly intact. Demand is underpinned by an ageing global fleet and tightening IMO 2030/2050 decarbonisation regulations, which require fuel-efficient new builds. He added that the container ship market remains resilient in 2026, with charter rates near post-Covid highs. Freight rates have been supported by geopolitical disruptions, including tensions in the Middle East that have pushed China-Europe rates up by around 20 per cent since February 2026. |
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Winnertakeall
Elite |
08-Apr-2026 13:17
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A Look At Yangzijiang Shipbuilding (SGX:BS6) Valuation After Securing US$0.98b In New Vessel ContractsContract win and why it matters for Yangzijiang Shipbuilding (Holdings) (SGX:BS6)
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emailpeter
Veteran |
06-Apr-2026 10:42
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https://marketing.utrade.com.sg/e3t/Ctc/L1+113/d4GP3-04/VVm6m73lNZWyW21FcCQ1cv476W1FPBGm5MwVlWN2bpb_C5nR3bW50kH_H6lZ3nVN4sH1pGpnfv0W5ch4zf1Jts0cW8bmdkT4VZr7TVFdLbb37BV9wN34rQHMQjXq_W8D26kW8bdXVlW2YxlqT38-3fxW7cZ5Z-6QSTjyW84qB3Q7k0l8CW54Xh7_7_QspMW9jXLMM7xWXHqW3ZnKb-7Kh7_8W3PN4TC60YMXVW8dzGMY9874PRW7wSFNY1Dh4rYV5Xk1Z3mZcJGW7Slrps6jjQkfW6g52zL8cXXCGN8z0Sn8n8tC2W1g2WXH1VB3dKW9bdgjJ1ql44gW8Hw1rJ4Dg7ZJW6VNS3n1cCrGZVTwwTz6SwszHN2VWVrzwYpMvW2W8nm532b5cdW5Kps_S45rn4ZV4Wn-461Z9H9W25yLgq5vX4nDW6bLWpH2Vh1_FW7b-Q3w8LyCtfW5w1lr53Dj85NdMY4Fn04 | ||||||||||||||||||
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Winnertakeall
Elite |
06-Apr-2026 10:34
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The Edge Singapore | Loh of UOBKH raises target price for YZJ to $4.75 following US$825.7 mil Seaspan stake. Adrian Loh of UOB Kay Hian has slightly raised his target price for Yangzijiang Shipbuilding from $4.60 to $4.75 after the company announced additional order wins, plus to reflect potential higher earnings from a planned investment in a customer. https://www.theedgesingapore.com/capital/brokers-calls/loh-uobkh-raises-target-price-yzj-475-following-us8257-mil-seaspan-stake |
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JurongW
Elite |
04-Apr-2026 00:35
Yells: "Earnings give weight, Chart give wings" |
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Base Data
FY26 to FY28 Projections
Insights
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Winnertakeall
Elite |
03-Apr-2026 20:34
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Three Cash-Rich Blue Chips to Weather Market Turbulence
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Winnertakeall
Elite |
02-Apr-2026 16:20
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Likely to be in early May but no official announcement yet.
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cutlelin
Member |
02-Apr-2026 10:09
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Any idea when YZJ shipping Div coming? | ||||||||||||||||||
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Heybie
Member |
01-Apr-2026 20:25
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Yangzijiang management should propose a resolution in the coming AGM to rally support for dual listing from all shareholders.....I am sure the response will be overwhelming |
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Heybie
Member |
01-Apr-2026 17:52
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Yangzijiang Clarification Announcement https://links.sgx.com/1.0.0/corporate-announcements/4W7JFNP5OFDDELBK/881505_Announcement_Clarification%201%20Apr%202026.pdf |
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huattuatua
Elite |
01-Apr-2026 16:50
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basically he is saying his 3 listed companies in sgx hv been performing like sheet, their underlying value should hv been doubled or maybe tripled, agreed it may not be an appropriate forum to voice his grievances, but seriously i concur with him wholeheartedly, lololol
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Heybie
Member |
01-Apr-2026 13:06
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Such a test water kind of information disclosure by a chairman of a listed company thru an informal channel should be considered unprofessional and in violation of listing rule. |
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Louistan
Senior |
01-Apr-2026 12:47
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My understanding is that have to delist by buying out shareholders first, provided the offer price is attractive, before the company can relist in a new market.
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emailpeter
Veteran |
01-Apr-2026 12:18
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Ren Yuanlin, a veteran in China's shipbuilding industry: Two listed companies may "leave" Hong Kong.
Ren Yuanlin, a veteran in China's shipbuilding industry, is offering thought-provoking "chilled reflections" on Singapore's capital market, where he has been deeply engaged for many years. Recently, Ren Yuanlin, CEO and Executive Chairman of Yangtze River Maritime Development, stated in an interview that the current volume and activity of the Singapore stock market have fallen into a state of "excessive silence." In his view, this weak market environment can no longer objectively reflect the true value of his shipping and financial assets. Based on this, the Yangtze River Group is at a crossroads in its capital layout: the company is carefully considering listing Yangtze River Maritime Development, Yangtze River Financial Control, or both in Hong Kong. Ren Yuanlin revealed that it cannot be ruled out that dual listing or delisting from the Singapore Exchange (SGX) could be implemented, although the final decision is still under consideration. As a long-time and staunch supporter of the Singapore Exchange, Ren Yuanlin has previously completed a "three-way tripartite" capital portfolio in Singapore, covering Yangtze River Shipping (BS6), Yangtze River Financial Control (YF8), and Yangtze River Maritime Development (8YZ.SI). However, the market value performance of the latter two clearly disappointed them. Ren Yuanlin specifically mentioned the significant distortion in market pricing?especially when the price-to-book ratio (P/B) remains consistently below 1, asset values are significantly undervalued. Looking back on its capital path, Yangtze River Financial, which was listed after spin-off from its parent company in April 2022, was once highly anticipated and included in the Straits Times Index. However, as of the close on March 31, 2026, its stock price was reported at 0.25 Singapore dollars, an increase of only 0.01 Singapore dollars from its initial listing. Although the stock touched a five-year high of 0.53 Singapore dollars in October 2025, it subsequently experienced a "halve" trend, with its current market value remaining at only 870 million Singapore dollars. By comparison, Yangtze River Maritime Development, which was introduced in November last year, performed even more poorly. As of the end of March this year, its stock price was reported at 0.52 Singapore dollars, a cumulative decline of more than 21% from its initial high. A market capitalization of 1.814 billion Singapore dollars corresponds to a price-to-earnings ratio (TTM) of only 0.11 times. This extremely low price-to-earnings ratio and weak trading volume are undoubtedly eroding investors' confidence. Ren Yuanlin's shift in understanding of the Singapore stock market hinges on his vigilance against "liquidity depletion." He pointed out that the current situation of limited market size and weak trading volume has led to a continued weakening of the market's appeal to international investors. He further provided a striking comparison: if its core asset, Yangtze River Shipping, were to list in Hong Kong, its current stock price level of about 4 Singapore dollars could theoretically achieve a valuation reshaping close to 10 Singapore dollars due to the differences in valuation logic between the two markets. This significant "valuation differentiation" is precisely the key factor driving the Yangtze River system to re-examine its main capital battlefield. As one of China's leading private shipbuilding companies, Yangtze River Shipbuilding currently holds nearly 250 new shipbuilding orders, with a total value of up to $22.4 billion, and its order reserve is quite stable. As of the close on March 31, 2026, the stock price of Yangtze River Shipping was 3.78 Singapore dollars, with a cumulative increase of 425% since its listing. It is the most outstanding medium- to long-term performance target among the three Yangtze River-affiliated companies. From the perspective of the largest historical cycle, after the company's stock price surged to 0.72 Singapore dollars in the early stages of its listing in 2007, it has remained fluctuating within the range of 0.5-1 Singapore dollars for a long time. After 2022, it began a continuous upward trend, accelerating in 2025, reaching a 52-week high of 4.62 Singapore dollars. Although the current stock price has slightly declined from its peak, it remains in a historical high range. Yangtze River Shipbuilding's current market capitalization is 15.022 billion Singapore dollars. For a long time, the Singapore Exchange has repeatedly faced questions of "weak growth" in its global capital market competition. Faced with the crisis of losing large-cap stocks, the Singaporean government has planned to inject 1.5 billion Singapore dollars to boost stock market vitality. However, for shipping industry giants like the Yangtze River seeking value return, whether this injected "vital water" can significantly improve the market's liquidity structure and prevent high-quality companies from moving south to Hong Kong still needs to be tested by time. [Submission], [Providing clues], [Reprint] Please leave a message in the backend or email submission and send it to your [email protected]. |
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emailpeter
Veteran |
01-Apr-2026 12:16
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Thank you to @cltang for finding this article. Since it is considered value accrediting to all shareholders, we paste the contents here. Something SGX can refer to for their improvement.
中 国 造 船 业 老 将 任 元 林 ： 两 家 上 市 公 司 或 ?出 走 ?香 港 中 国 造 船 业 老 将 任 元 林 ， 正 对 其 深 耕 多 年 的 新 加 坡 资 本 市 场 发 出 一 番 耐 人 寻 味 的 ?冷 思 考 ?。 近 日 ， 扬 子 江 海 事 发 展 首 席 执 行 官 兼 执 行 董 事 长 任 元 林 在 接 受 采 访 时 直 言 ， 新 加 坡 股 市 当 前 的 体 量 与 活 跃 度 已 陷 入 ?过 于 沉 寂 ?的 状 态 。 在 他 看 来 ， 这 种 乏 力 的 市 场 环 境 ， 已 难 以 客 观 映 射 出 其 麾 下 航 运 与 金 融 资 产 的 真 实 价 值 。 基 于 此 ， 扬 子 江 系 正 站 在 资 本 布 局 的 十 字 路 口 ： 公 司 正 审 慎 考 虑 将 扬 子 江 海 事 发 展 、 扬 子 江 金 控 或 两 者 一 同 转 往 香 港 上 市 。 任 元 林 透 露 ， 不 排 除 采 取 双 重 上 市 甚 至 从 新 交 所 （ SGX） 退 市 的 可 能 性 ， 尽 管 最 终 决 策 尚 在 酝 酿 之 中 。 作 为 新 交 所 的 长 期 坚 定 支 持 者 ， 任 元 林 此 前 已 在 新 加 坡 完 成 了 ?三 足 鼎 立 ?的 资 本 版 图 ， 涵 盖 扬 子 江 船 业 （ BS6） 、 扬 子 江 金 控 （ YF8） 及 扬 子 江 海 事 发 展 （ 8YZ.SI） 。 然 而 ， 后 两 者 的 市 值 表 现 显 然 令 其 失 望 。 任 元 林 特 别 提 到 了 市 场 定 价 的 显 著 扭 曲 ??尤 其 是 在 市 净 率 （ P/B） 长 期 低 于 1的 情 况 下 ， 资 产 价 值 被 严 重 低 估 。 回 顾 其 资 本 路 径 ， 2022年 4月 从 母 体 分 拆 上 市 的 扬 子 江 金 控 ， 曾 一 度 被 寄 予 厚 望 并 入 选 海 峡 时 报 指 数 成 份 股 。 然 而 ， 截 至 2026年 3月 31日 收 盘 ， 其 股 价 报 0.25新 元 ， 较 上 市 之 初 仅 微 增 0.01新 元 。 尽 管 该 股 在 2025年 10月 曾 触 及 0.53新 元 的 五 年 高 位 ， 但 随 后 便 经 历 ?腰 斩 ?行 情 ， 目 前 市 值 仅 维 持 在 8.70亿 新 元 。 相 比 之 下 ， 去 年 11月 以 介 绍 方 式 上 市 的 扬 子 江 海 事 发 展 ， 其 表 现 则 更 为 惨 淡 。 截 至 今 年 3月 底 ， 其 股 价 报 0.52新 元 ， 较 上 市 初 期 的 高 点 累 计 跌 幅 超 21%， 18.14亿 新 元 的 市 值 对 应 仅 0.11倍 的 市 盈 率 （ TTM） 。 这 种 极 端 的 低 市 盈 率 与 低 迷 的 成 交 量 ， 无 疑 正 磨 灭 投 资 者 的 信 心 任 元 林 对 新 加 坡 股 市 的 认 识 转 变 ， 核 心 在 于 对 ?流 动 性 枯 竭 ?的 警 惕 。 他 指 出 ， 市 场 规 模 有 限 与 成 交 清 淡 的 现 状 ， 导 致 市 场 对 国 际 投 资 者 的 吸 引 力 持 续 减 弱 。 他 进 一 步 给 出 了 一 个 极 具 震 撼 力 的 对 比 ： 若 核 心 资 产 扬 子 江 船 业 转 赴 香 港 上 市 ， 其 目 前 约 4新 元 的 股 价 水 平 ， 在 两 地 市 场 估 值 逻 辑 的 差 异 下 ， 理 论 上 有 望 获 得 接 近 10新 元 的 估 值 重 塑 。 这 种 显 著 的 ?估 值 分 化 ?， 正 是 驱 使 扬 子 江 系 重 新 审 视 资 本 主 战 场 的 关 键 诱 因 。 作 为 中 国 领 先 的 民 营 造 船 企 业 之 一 ， 扬 子 江 船 业 目 前 手 持 近 250艘 新 造 船 订 单 ， 总 价 值 高 达 224亿 美 元 ， 订 单 储 备 相 当 稳 健 。 截 至 2026 年 3 月 31 日 收 盘 ， 扬 子 江 船 业 股 价 为 3.78 新 元 ， 上 市 以 来 累 计 涨 幅 达 425%， 是 扬 子 江 系 三 家 公 司 中 长 期 表 现 最 亮 眼 的 标 的 。 从 历 史 最 大 周 期 走 势 来 看 ， 公 司 股 价 在 2007 年 上 市 初 期 冲 高 至 0.72 新 元 后 ， 长 期 在 0.5-1 新 元 区 间 震 荡 ， 2022 年 后 开 启 持 续 上 涨 行 情 ， 2025 年 加 速 上 行 ， 52 周 高 点 达 4.62 新 元 ， 当 前 股 价 虽 较 高 点 有 所 回 落 ， 但 仍 处 于 历 史 高 位 区 间 ， 扬 子 江 船 业 当 前 市 值 为 150.22 亿 新 元 。 长 期 以 来 ， 新 交 所 在 全 球 资 本 市 场 的 角 力 中 屡 遭 ?增 长 乏 力 ?的 质 疑 。 面 对 大 盘 股 流 失 的 危 机 ， 新 加 坡 政 府 已 计 划 注 入 15亿 新 元 资 金 以 提 振 股 市 活 力 。 然 而 ， 对 于 像 扬 子 江 这 样 寻 求 价 值 回 归 的 航 运 产 业 巨 头 而 言 ， 这 笔 注 入 的 ?活 水 ?能 否 彻 底 改 善 市 场 的 流 动 性 结 构 ， 并 阻 挡 优 质 企 业 南 下 香 港 的 脚 步 ， 仍 需 经 受 时 间 的 严 苛 考 验 。 【 投 稿 】 、 【 提 供 线 索 】 、 【 转 载 】 请 后 台 留 言 或 电 邮 投 稿 ， 发 送 至 邮 箱 [email protected]。
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Heybie
Member |
01-Apr-2026 12:11
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The Chinese interview article with Uncle Ren has since been removed by the author. Whether is true or fake?......I think YZJ should clarify to prevent further speculation. |
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