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The Only Shipbuilding Blue Chip in SGX! Post Reply Rate topic
CheeryVGoh Supreme	05-Aug-2021 17:10        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hope so. Huat AH.......... PhillipTan      ( Date: 05-Aug-2021 13:59) Posted: Should gap up really soon Was planning to sell mine at $1.60, but may need to readjust my own TP again lol ​ CheeryVGoh      ( Date: 05-Aug-2021 11:56) Posted: Bro Phillip, Wow ! CIMB' s TP adjusted up by so much. I sold at 1.44 before seeing this report.  Still vested.
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Eyk3000 Senior	05-Aug-2021 17:08        Eyk3000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Surprise ending...  the3nomads      ( Date: 05-Aug-2021 16:49) Posted: Repeating this morning 9:30am ....Sian... the3nomads      ( Date: 05-Aug-2021 16:36) Posted: The Fashionably Late Big Mouths....Where Art Thou??? 😅
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SAVIORFOREVER Supreme	05-Aug-2021 16:59        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Silence is golden. Bid Bid Vol(K) Ask Ask Vol(K) 1.430 3,586.3 1.440 101.4 1.420 4,542.8 1.450 4,269.2 1.410 5,078.7 1.460 6,991.3 1.400 4,804.5 1.470 7,455.6 1.390 4,932.5 1.480 5,919.5 1.380 3,824.4 1.490 4,755 1.370 2,612.5 1.500 3,874.8 Trade with awareness and DYODD
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the3nomads Supreme	05-Aug-2021 16:49        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	Repeating this morning 9:30am ....Sian... the3nomads      ( Date: 05-Aug-2021 16:36) Posted: The Fashionably Late Big Mouths....Where Art Thou??? 😅
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the3nomads Supreme	05-Aug-2021 16:36        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Fashionably Late Big Mouths....Where Art Thou??? 😅
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the3nomads Supreme	05-Aug-2021 14:16        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like the more determined STI is staying down....YZJ even more determined to go up! 👍 the3nomads      ( Date: 05-Aug-2021 13:38) Posted: Late trading can be 146/147? Or tan gu gu like Mrs Schooling would say? 😅
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PhillipTan Supreme	05-Aug-2021 13:59        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Should gap up really soon Was planning to sell mine at $1.60, but may need to readjust my own TP again lol ​ CheeryVGoh      ( Date: 05-Aug-2021 11:56) Posted: Bro Phillip, Wow ! CIMB' s TP adjusted up by so much. I sold at 1.44 before seeing this report.  Still vested.   PhillipTan      ( Date: 04-Aug-2021 23:09) Posted: CGS-CIMB ups Yangzijiang' s TP to $1.91 on strong year-to-date orders CGS-CIMB Research analyst Lim Siew Khee has reiterated " add" on Mainboard-listed Yangzijiang Shipbuilding with a higher target price of $1.91 from $1.63 previously. Lim' s report, dated Aug 2, comes after the group signed new orders for a total contract value worth US$1.08 billion ($1.46 billion). The new orders bring year-to-date (y-t-d) orders for the group to US$6.67 billion and its orderbook to US$8.74 billion. As the group will report its results for the 2QFY2021 on Aug 5 after market closes, Lim estimates gross margins for shipbuilding in the quarter to be lower at 12% to 13% compared to the 15.9% posed in the 1QFY2021. This, she explains, is given the 19% q-o-q rise in steel prices. That said, the group' s net profit could be boosted by the sale of its own fleet of bulk carriers, which Lim estimates to be in the range of RMB680 million ($142.1 million) to RMB710 million, which is 10-12% lower q-o-q. In addition to her higher target price estimate, Lim has upped her earnings per share (EPS) estimates for the FY2021 to FY2023 by 1% to 26%. She has also lifted her order win forecast for the FY2021 by 60% to US$8 billion, offset by lower gross margins. " We think the strong orders y-t-d should lead to positive share price movement," writes Lim. " It trades at a steep discount to the Korean shipbuilders - Korea Shipbuilding & Offshore' s 0.85 times 2021 P/BV and Hyundai Mipo Dockyard' s 1.5 times 2021 P/BV - although KSOE secured [around] US$12 billion of new contracts and HMD US$3.6 billion in 1HFY2021," she adds. " Yet, we think profitability matters." To Lim, a strong order win momentum and good margin preservation are key catalysts to Yangzijiang' s share price, while a sudden plunge in freight rates is a key risk. As at 1.45pm, shares in Yangzijiang are trading 2 cents higher or 1.4% up at $1.41, or 0.73 times P/B, according to CGS-CIMB' s estimates.
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the3nomads Supreme	05-Aug-2021 13:38        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	Late trading can be 146/147? Or tan gu gu like Mrs Schooling would say? 😅
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CheeryVGoh Supreme	05-Aug-2021 11:56        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Bro Phillip, Wow ! CIMB' s TP adjusted up by so much. I sold at 1.44 before seeing this report.  Still vested.   PhillipTan      ( Date: 04-Aug-2021 23:09) Posted: CGS-CIMB ups Yangzijiang' s TP to $1.91 on strong year-to-date orders CGS-CIMB Research analyst Lim Siew Khee has reiterated " add" on Mainboard-listed Yangzijiang Shipbuilding with a higher target price of $1.91 from $1.63 previously. Lim' s report, dated Aug 2, comes after the group signed new orders for a total contract value worth US$1.08 billion ($1.46 billion). The new orders bring year-to-date (y-t-d) orders for the group to US$6.67 billion and its orderbook to US$8.74 billion. As the group will report its results for the 2QFY2021 on Aug 5 after market closes, Lim estimates gross margins for shipbuilding in the quarter to be lower at 12% to 13% compared to the 15.9% posed in the 1QFY2021. This, she explains, is given the 19% q-o-q rise in steel prices. That said, the group' s net profit could be boosted by the sale of its own fleet of bulk carriers, which Lim estimates to be in the range of RMB680 million ($142.1 million) to RMB710 million, which is 10-12% lower q-o-q. In addition to her higher target price estimate, Lim has upped her earnings per share (EPS) estimates for the FY2021 to FY2023 by 1% to 26%. She has also lifted her order win forecast for the FY2021 by 60% to US$8 billion, offset by lower gross margins. " We think the strong orders y-t-d should lead to positive share price movement," writes Lim. " It trades at a steep discount to the Korean shipbuilders - Korea Shipbuilding & Offshore' s 0.85 times 2021 P/BV and Hyundai Mipo Dockyard' s 1.5 times 2021 P/BV - although KSOE secured [around] US$12 billion of new contracts and HMD US$3.6 billion in 1HFY2021," she adds. " Yet, we think profitability matters." To Lim, a strong order win momentum and good margin preservation are key catalysts to Yangzijiang' s share price, while a sudden plunge in freight rates is a key risk. As at 1.45pm, shares in Yangzijiang are trading 2 cents higher or 1.4% up at $1.41, or 0.73 times P/B, according to CGS-CIMB' s estimates.
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the3nomads Supreme	05-Aug-2021 11:40        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	My memory may be failing ...but last Q result not so bad...in the end mkt like don't like what it saw, price started tanking??? I think this Q needs S T E L L A R numbers to race YZJ past 15X barriers... Eyk3000      ( Date: 05-Aug-2021 11:33) Posted: Hopefully the result tonight will be better than expected.  Huat ah!!
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the3nomads Supreme	05-Aug-2021 11:37        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes those with spare change shd! I maxed out on YZJ and others liao ... If can get more cash out I will double my holding 💪 beng1102      ( Date: 05-Aug-2021 11:24) Posted: Buy now in anticipating of good result could be a profitable move. the3nomads      ( Date: 05-Aug-2021 11:18) Posted: Tqvm 👍 👍 👍
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Eyk3000 Senior	05-Aug-2021 11:33        Eyk3000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hopefully the result tonight will be better than expected.  Huat ah!!
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sgng123 Supreme	05-Aug-2021 11:25        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once net profit margin locked in after 2q , yzj would bgin it ascend. controlled short covering in place currently ..?
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beng1102 Elite	05-Aug-2021 11:24        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buy now in anticipating of good result could be a profitable move. the3nomads      ( Date: 05-Aug-2021 11:18) Posted: Tqvm 👍 👍 👍 mrwonderful      ( Date: 05-Aug-2021 11:11) Posted: Tonight is results release, 90% confirmed. I checked last few years, is always out on 5 Aug unless is a weekend.  Also CIMB also said in their report it is today after market close. Let' s see.
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the3nomads Supreme	05-Aug-2021 11:18        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tqvm 👍 👍 👍 mrwonderful      ( Date: 05-Aug-2021 11:11) Posted: Tonight is results release, 90% confirmed. I checked last few years, is always out on 5 Aug unless is a weekend.  Also CIMB also said in their report it is today after market close. Let' s see.
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sgng123 Supreme	05-Aug-2021 11:15        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Afternoon the short squeeze would be more severe, be patient and victory would be our. Currentlty no investors would sell, everyone waiting for result to determine proper exit valuation. Ah yang heavily discounted by 30% according to DBS,CIMB,UOB, their TP all 1.80 starting.
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mrwonderful Veteran	05-Aug-2021 11:11        mrwonderful About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tonight is results release, 90% confirmed. I checked last few years, is always out on 5 Aug unless is a weekend.  Also CIMB also said in their report it is today after market close. Let' s see.
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sgng123 Supreme	05-Aug-2021 11:02        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result out most likely Friday, trader slowly building up momentum. If result good post trading Friday, next week yzj would play catch up on global peer. But again it a gamble, Thur and Fri usually short cover day, nobody risk load on weekend.
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the3nomads Supreme	05-Aug-2021 10:12        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	They at 145 killing field now lol SAVIORFOREVER      ( Date: 05-Aug-2021 10:03) Posted: Need more white knights to slaughter the King and Queen. Trade with caution and DYODD beng1102      ( Date: 05-Aug-2021 09:49) Posted: Accummulate is the way to go
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the3nomads Supreme	05-Aug-2021 10:11        the3nomads About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope your interim dividend "projection" comes true 🙏 👍 🙏 pkli899      ( Date: 05-Aug-2021 10:04) Posted: Haha, collecting my new laptop this weekend. Will do so thereafter. hokpin      ( Date: 04-Aug-2021 23:46) Posted: Bro, have not seen you here quite some times. Come back here more often when we enter Aug. Pkli889 also. My target price 180 still have a distance to go. Reach in 6 months? time? Who know
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