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YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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Yangsogood
Senior |
05-Aug-2015 10:38
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Some people don' t dance, if they don' t know who' s singing, why ask your head, it' s your hips that are swinging life' s for us to enjoy woman, man, girl and boy, feel the pain, feel the joy aside set the little bits of history repeating........S. Bassey " Learn  Greek and philosophize" |
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Yangsogood
Senior |
05-Aug-2015 10:32
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The share holders are not complaining why should you? Indeed, since it is not as good a time as you pointed out...the company only did  good enough The logic is so blatantly obvious
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Observers
Elite |
05-Aug-2015 10:28
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Many many moons ago, at one of his AGMs, Chairman Ren once said, he don' t want to be the biggest, he wants to be the best and the most profitable.
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Yangsogood
Senior |
05-Aug-2015 10:27
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Here' s a tip for shortists.....learn Greek
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Yangsogood
Senior |
05-Aug-2015 10:25
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Did  you think our dividend in May  come from the sea water?
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earlybird14
Supreme |
05-Aug-2015 10:22
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Whatever, if you are young, you may not know what is S-chip. 
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Yangsogood
Senior |
05-Aug-2015 10:20
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Perhaps the companies that lose money listened to you or followed your logic or JPM  
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earlybird14
Supreme |
05-Aug-2015 10:16
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I don' t believe shipyards can be so profitable. Shipbuilding is not rocket science, cannot be the biggest Rongcheng went BK, 2nd biggest Cosco struggling, YJZ earn big money, there is not logic at all. 
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Yangsogood
Senior |
05-Aug-2015 09:57
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Yangzijiang, the most profitable listed yard in China, posted a net income for the quarter ended June 30 of 1.03 billion yuan ($165.9 million). Revenue of 5.7 billion yuan was up 34 percent from a year earlier. Today 5 Aug. 2015 |
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FATABA
Supreme |
05-Aug-2015 09:52
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In such economy condition and esp the shipping industry in CHina....YZJ result is realtively ok . Also with 500+M orders . Profitable and cash on hand. Some headwinds on the way is most likely but $1 from JPM perdiction is harder to digest....... Certainly many players will enter even at 1.10 anyway , time will tell
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Yangsogood
Senior |
05-Aug-2015 09:35
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Well-done Uncle Ren for 1. remain financially self-sufficient in the production process 2. clean energy vessels marketing 3. cater to the broader trend on the global shipbuilding market Indeed, these are the main criteria to ensure the company is future-ready.... Not for a moment  thinking i was on the wrong cruise......so proud to be on board... ![]()   |
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earlybird14
Supreme |
05-Aug-2015 09:28
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Be prepared for 1 dollar. 
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ruanlai
Elite |
05-Aug-2015 09:26
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YANGZIJIANG 2Q NET INCOME FALLS 17% Y/Y TO RMB1.03B SHORTISTS STANDBY, target $1 |
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ascend88
Master |
05-Aug-2015 08:59
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" After a short recovery in the shipbuilding market in the first half of 2014, the contraction mode resumed in the past two quarters. The prolonged downturn has led many companies in the industry, including the larger ones, to face financial difficulties. We have always been well aware of the challenges ahead, and have designed our strategies in product development, marketing, customer relations and financial asset management accordingly. As a result, we have been delivering stable financial performance even in the adversity of the market. Since we added LNG carriers to our product portfolio following the new orders for the two 27,500 CBM vessels last quarter, the project has been progressing well and as per schedule. We will make every effort to ensure the successful debut of this new innovative product. In addition, we have added clean energy vessels, such as LNG-fuelled vessels to our product range as part of our growth strategy. We have made the necessary investments and our dedicated team has been working on the R& D of clean energy vessels marketing and other relevant preparation have also started last year. We are in talks with potential clients and will launch the production once orders are secured. Clean energy vessels will represent an important addition to our existing, already diversified product portfolio, and will cater to the broader trend on the global shipbuilding market. The total investment in the Held-to-Maturity has reduced from the end of 1Q2015, and we will continue controlling the size of HTM assets. At the same time, we will evaluate the investment opportunities in our upstream and downstream companies, and make investment through various vehicles. We will confine the investment within the areas that we have in-depth knowledge in, and our dedicated investment team will be responsible for the management in this capacity, with the assistance of a stringent risk-control system. Over the past few years, we have built up a strong financial position, with cash balance increased further this quarter supported by our stable development in the core shipbuilding business, and the prudent financial management. The strong financial position enables us to retain great flexibility in order taking, remain financially self-sufficient in the production process, and in turn help us keep a consistent delivery record. This has been an important factor for the Group to build a reputation among customers, maintain long-term business relationships and gradually form a virtuous circle." ---- Mr Ren Yuanlin (任 元 林 ), Executive Chairman, Yangzijiang Shipbuilding (Holdings) Ltd |
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ascend88
Master |
05-Aug-2015 08:56
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  MEDIA RELEASE &ndash FOR IMMEDIATE RELEASE Yangzijiang Reports Earnings of RMB1,031 Million for 2Q2015, New Shipbuilding Orders Secured Worth USD510 Million Total revenue increased by 34% to RMB5.7 billion supported by growth in both Shipbuilding Related and Investment segments in 2Q2015 Shipbuilding revenue increased by 12% to RMB3.76 billion in 2Q2015, however, shipbuilding profit margin decreased to 15% Secured new orders for four 9,700 TEU and four 3,800 TEU containerships worth USD510 million in total, customer requests to change types of vessels have added USD25.4 million to outstanding order book |
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granto
Master |
04-Aug-2015 20:06
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Yangzijiang shipyard sells non-core business to focus on shipbuilding:  http://splash247.com/yangzijiang-shipyard-sells-non-core-business-to-focus-on-shipbuilding/ |
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Yangsogood
Senior |
04-Aug-2015 17:04
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Yangzi jia you
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Yangsogood
Senior |
04-Aug-2015 11:51
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nǐ shì wǒ de xiǎ o ya xiǎ o pí ng guǒ é r 你 是 我 的 小 呀 小 苹 果 儿 You are my little apple  .....go Yangzi...
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Yangsogood
Senior |
03-Aug-2015 16:23
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China shares were dragged down by poor manufacturing figures |
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Yangsogood
Senior |
31-Jul-2015 15:38
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E kam guan lai luo https://www.youtube.com/watch?v=QvPQ0bPwkx8 ![]()
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