Latest Forum Topics /
YZJ Shipbldg SGD
Last:3.54
+0.08
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The Only Shipbuilding Blue Chip in SGX!
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SAVIORFOREVER
Supreme |
19-Jul-2021 08:44
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Margin call?
Shortsellers getting ready to buy cheap. Trade with BBs and DYODD |
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piscesmonkey
Supreme |
19-Jul-2021 08:34
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Today 1.30? | ||||
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SAVIORFOREVER
Supreme |
19-Jul-2021 08:33
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Bid Bid Vol(K) Ask Ask Vol(K)
1.370 3,497.7 1.370 1,488.4 1.360 3,577.1 1.380 1,980 1.350 3,341.8 1.390 3,681.1 1.340 4,863.6 1.400 5,783 1.330 5,146.2 1.410 3,762.3 1.320 4,297.4 1.420 7,001.6 1.310 3,517.5 1.430 5,241.8 1.300 2,315.9 1.440 2,967.3 Trade with caution no contra buy no short and DYODD |
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SAVIORFOREVER
Supreme |
19-Jul-2021 08:26
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YZJ is in China.
Bid Bid Vol(K) Ask Ask Vol(K) 1.370 2,284.8 1.380 778.2 1.360 3,532 1.390 2,467.5 1.350 3,075.3 1.400 5,283 1.340 4,639.2 1.410 3,049 1.330 4,119.9 1.420 6,441.3 1.320 3,943.3 1.430 4,474.5 1.310 3,196.4 1.440 2,716.8 1.300 1,662 1.450 2,377.1 Trade with awareness and DYODD |
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ysh2006
Supreme |
19-Jul-2021 06:00
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Last year during covid-19 market went up regardless of what phase.. DBS chiong up from $21 to $30..
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sgng123
Supreme |
19-Jul-2021 01:25
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Chill china government already crack down on raw materials price, not much worry. What is worrying is current cove 19 infection case spiking due to illegally open nightlife venue. Those infected might already spread virus to other after getting infected in KTV. Spike in local case might prompt tightening of lockdown which would cause market to sell off without reason. |
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SAVIORFOREVER
Supreme |
17-Jul-2021 18:12
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Results should not include current steel price.
If you're worried about the steel dampening effect then you should just sell your shares if you have any next month Trade with awareness and DYODD
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emailpeter
Veteran |
17-Jul-2021 18:02
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Steel | 2016-2021 Data | 2022-2023 Forecast | Price | Quote | Chart | Historical (tradingeconomics.com) | ||||
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emailpeter
Veteran |
17-Jul-2021 17:58
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The steel price was dropping a month ago owing to China govt controls, but if below chart is correct, its risen sharply.... Could this be main reason share price is dampened ahead of results that might show margin squeeze. |
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sgng123
Supreme |
17-Jul-2021 02:10
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SCFI break 4000 marks, new minestrone in freight rate history. World going crazy on e commerce as lockdown ongoing plus strong resistance to vaccine. Stronger demand for export good drive freight rate higher and higher. Very strange YZJ stuck in limbo as it usually follow freight rate trend. It like building pressure till all hell break loose, be patient wait for 2q out in like 2weeks time.  We might see sudden burst double digit gain within weeks as counter lagging badly compared to global peer. |
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piscesmonkey
Supreme |
16-Jul-2021 21:55
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If go back phase 2 get ready bullet to buy. S'pore may go back to Phase 2 Heightened Alert if ICU numbers climb steeply: Ong Ye Kung | ||||
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SAVIORFOREVER
Supreme |
16-Jul-2021 21:38
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Buy on weakness sell on strength should be the strategy.
Trade with caution and DYODD
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beng1102
Elite |
16-Jul-2021 20:13
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I buy only if I see strength.  Now it looks weak.  Very unexpected.
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emailpeter
Veteran |
16-Jul-2021 19:23
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Yes, I believe this steel factor is pertinent to forward pricing of YZJ. It' s prob holding back the strong sales. Lets wait for results, to see effects...
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SAVIORFOREVER
Supreme |
16-Jul-2021 18:16
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Sell your shares if you're holding any then no more worries.
Trade with caution and DYODD
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PhillipTan
Supreme |
16-Jul-2021 17:05
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Should, but what if they had not anticipated the rise to be so much? Or if the market percieve this to be an issue or cause of concern, even though the people at YZJ already factored in everything? As this is one of their main raw materials, the rise in the prices should affect profits right?
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halleluyah
Supreme |
16-Jul-2021 17:00
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ppl doing business shld know abt the steel px n factor into the sales px fr its customer...
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PhillipTan
Supreme |
16-Jul-2021 16:55
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I know this may seem like a bit unrelated or like posting on the wrong thread But could it be that the rising iron ore prices is affecting YZJ' s share price negatively?  
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PhillipTan
Supreme |
16-Jul-2021 16:53
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Phillip raises Fortress Minerals TP to 81 cents amid strong iron ore pricesWhile maintaining a " buy" rating for Fortress Minerals, Phillip Securities has raised its target price for the iron ore mining company to 81 cents from 64 cents previously.This comes after Fortress posted a stellar set of results for 1QFY2022 ended May 31. According to Phillip, the company is expected outperform ahead amid strong iron ore prices and favourable demand and supply dynamics. The brokerage has raised its FY2022 earnings forecast for the company by 41%. Citing figures from the World Steel Association, Phillip notes that global steel demand will grow 5.8% in 2021 to 1.87 billion tonnes, after dipping 0.2% in 2020. Global steel demand will further grow 2.7% to 1.92 billion tonnes in 2022, it adds. On the other hand, global iron-ore supply is facing uncertainties. Major Brazilian iron-ore producer, Vale, recorded a q-o-q decline in iron ore sales of 28.4%, due to operational issues and maintenance at its S11D mine. As such, Phillip has now raised its average selling prices forecast by 37% to US$140 per dry metric tonne. Fortunately for Fortress, the company' s mining operations are gradually reopening despite the Covid-19 restrictive measures imposed by the Malaysian government. Certain states, such as Terengganu and Pahang where the company' s mines are located, have moved to Phase 2 of a 4-phase National Recovery Plan. Phillip points out that the company' s Bukit Besi mine has gradually returned to " normalcy" , after resuming at an approved worker capacity of 80% on July 5. " Catalysts are expected from an increase in production and strong iron-ore prices," Phillip analyst Vivian Ye writes in a note dated July 16.   |
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piscesmonkey
Supreme |
16-Jul-2021 13:35
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Retest 1.35? If cannot hold then 1.30 should come | ||||
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