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YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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Observers
Elite |
02-Jun-2014 08:25
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If someone tells you a shre price will drop from point A to point B, but he didn' t sell his house, car, wife and take a 2nd mortgage to short from point A to point B, then you better take the advice with a pot of salt. |
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Oldbird
Master |
02-Jun-2014 08:13
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You are right bro, it is a good opportunity for the trader to trade.
Unfortunately it is not what we are good at! Cheers
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Demostation
Supreme |
02-Jun-2014 08:01
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Don' t be one-sided.   Follow the trend.   If opens too low, buy and if opens too high sell. |
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Oldbird
Master |
02-Jun-2014 07:59
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Hello Cheong, long time no see..
These are my views: YZJ stock price will be under pressured till the dust is settled which will take some times The solid book orders n delivery can not be fake.. This company wont die even Ren quit under the worst case. Accordingly all their lending business are fully morgate backed n generally are with personal guarantee. As a investor, we can look to buy more if our exposure is bearable... If not, reduce exposure or take some chips off table?come back when we have clearer picture Cheers guys
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Demostation
Supreme |
02-Jun-2014 07:56
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I agree.   Follow the trend.   No action, short or long will depend on how they are moving the prices.   Of course, if you are in either long or short, watch out for reversals that can happen fast and furious due to different schools of thoughts and each others' strength.
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acetron
Member |
02-Jun-2014 07:53
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short seller - BEWARE........ |
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KepoChicken
Master |
02-Jun-2014 07:47
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What I can say is .. see the trend...if every1 is selling... really no point for you to stubborn to keep.... I am GUO LAI REN..  
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Demostation
Supreme |
02-Jun-2014 07:26
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Don' t   worry about YZJ. They just cleared the air to SGX. Additionally, they announced a new delivery.   Check it out on SGX-ST. |
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cheongsl
Master |
02-Jun-2014 06:52
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I don' t have crystal ball, and I don' t play god, so what make you think that it will be below $1 this week, if it does not. I don' t like to tell people you can do A and follow by B. because if both event are 50% chances of happening then you are actually betting on 25% chance event will follow what you think. If I believe the stock is good, why should I sell in the first place. What make the confident to buy the stock when it go lower?
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Qanghoo
Supreme |
02-Jun-2014 06:21
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No smoke without fire.  Wld anyone make very serious false allegations out of mischief without any cause.  Surely there must  have been  something not very pleasant which sparked this episode.  Even if the present allegations do not involve YZJ but have some truth, then the  person being accused can' t be a saint - in which case cld there be some hanky-panky activities in JZJ which are  still  well hidden so far? |
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Ronron
Member |
01-Jun-2014 23:31
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So that's the risk u take. For China Eratat there were a few tell tale signs, like borrowing at super high interest rates of 33% when u are in a net cash position. The accounts tell a story. Yzj accounts so far so good, is like Ren baby, he grow up as a laborer in it then now rise to CEO position. Of cos we can say it's the greatest bluff he pull on investors. That's why I say everyone is entitled to their opinion and there's no way anyone can convince each other. The only way is to see the verdict at the market tmr. Bull and bear will fight. Who got the most moolah will win. I believe most of the selling is triggered by stop loss instructions on the institutional side. If they are eager to cover their short positions, tmr will be price recovery. Let's see the money tmr.
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KepoChicken
Master |
01-Jun-2014 23:24
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YZJ 1st quarter result still got RMB 2,908 million in bank... Dun be surprise... later investigate... left RMB 2.90... See Eratat... |
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divads
Member |
01-Jun-2014 23:14
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either he is as what u say, an honest chap or he is truely a master in deception which is not uncommon in china :) so many s-chip scandals caught alot of investors by surprise becos there was no indication that anything was wrong with the company or the CEOs. If investors would tell earlier, then there would not be any s-chips scandal becos all would have sold their shares already. U look at Eratat, 2nd in most transparent awarded by SIAS (local, not any china organisation). Who would have expected the CEO to be a crook?
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mindfocus
Member |
01-Jun-2014 23:12
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" To err is but human" , but the law must still apply. |
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Ronron
Member |
01-Jun-2014 23:04
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Some of us who follow him for some time know him to be a frugal person who don't drive sports car, stay in a yzj owned apartment (now upgrade to condo) and believe in rewarding his staff and eating at the staff canteen with them. Also, the way he do business is client first then shareholders. I find it hard to believe that he got no integrity. The business conflict is something that always happens, those of u who own private companies with partners will know that when the relationship turn sour, in the end, it's about legal fights. Of cos everyone is entitled to their own opinion. But in the stock market, u got the moolah, u speak the loudest. Doomsayers, u must do your best tomorrow. | ||||
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Guojing
Member |
01-Jun-2014 22:55
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In china bribery can also death sentence ...oh no ... I hope he bo dai chi .. |
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Ronron
Member |
01-Jun-2014 22:53
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U guys won't be able to convince each other, bull and bear will fight it out tmr, u have to show your weight with the money. Doomsayers vs Ren followers, 10 hours more, your verdict will be out. Whether serious or not, market will show. Based on hankore movement, early morning will sell down before recovery. Hope got chance to buy cheap! Cheers to everyone! | ||||
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mindfocus
Member |
01-Jun-2014 22:45
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Worst case senario for Chairman Ren will be, clean backside and prepare to go jail. ![]() ![]()
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Guojing
Member |
01-Jun-2014 22:43
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Same old tricks...news published few days ago ..Friday katek than come in ..if tmr management come out say bo dai chi .. Prices may reverse ..I hope those vested huat ah!! |
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divads
Member |
01-Jun-2014 22:31
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hankore rises again is due to RTO deadline approaching and ppl are betting the RTO will be finalised this weekend. Deadline suppose to be 31 May 2014. Passed already. If tomorrow morning still no news yet or extend again, what happens to the price?
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