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YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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BetterStill
Veteran |
28-Feb-2015 15:54
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Good perdition but not realistic...
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zhike10
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28-Feb-2015 15:04
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DBS group research maintains buy with TP 1.62. | ||||
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ascend88
Master |
28-Feb-2015 10:54
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Show me the $ ... Yes 5.5c ... That's good $ ... | ||||
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charliel3ong
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27-Feb-2015 14:13
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somehow 1.225 looks like a temporary resistance now, we need to see somemore upward movements to see a steady price above 1.20 in the following sessions.  |
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shadow
Veteran |
27-Feb-2015 13:12
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Yangzijiang Shipbuilding: Results in line S$0.055/share dividend declaredYangzijiang ShipbuYangzijiang Shipbuilding: Results in line S$0.055/share dividend declaredilding reported a 12% YoY rise in revenue to RMB3.8b and a 15% fall in net profit to RMB636.6m in 4Q14, such that full year net profit of RMB3.48b was in line with ours (RMB3.47b) and the street&rsquo s expectations (Bloomberg cons: RMB3.35b). Gross margin for the shipbuilding business was 17.0% in 4Q14 vs 19.9%in the preceding quarter, while the group&rsquo s held-to-maturity assets fell from RMB12.6b in 3Q14 to RMB10.8b in 4Q14. The group has declared a higher-than-expected dividend of 5.5 S cents for the year, compared to 5 S cents in FY13. Pending a briefing with management later, we maintain our  BUY  rating but put our  fair value estimate of S$1.31under review. Source: OCBC Research - 27 Feb 2015     |
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FaceTheFact
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27-Feb-2015 13:02
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tianji should be suspended! You all agree?
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CalvinChia888
Master |
27-Feb-2015 13:00
Yells: "Pay It Forward Analyze The Analysts" |
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but u must take into account when 5 cts dividend was declared and given then, YZJ px was only $0.99 ~ $1.08
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charliel3ong
Senior |
27-Feb-2015 12:56
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today volume extremely high for this counter. i think there is going to be more action this afternoon. as it stands, 5.5cents dividend is better than the previous years 5cents dividend. that should attract decent support. stay tuned and watch to the close.  |
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halleluyah
Supreme |
27-Feb-2015 12:24
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yeah seems like now resisitent is 1.225
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tianji
Veteran |
27-Feb-2015 12:21
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History repeat again from the dumping at 1.22 all the way to 1.175cents anytime from now. But will be worst than that as they might test the support at 1.16 and closed the gap. If break then good luck liao. |
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shadow
Veteran |
27-Feb-2015 11:14
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I am interested to know which analyst says what now for YZJ after the result. If anyone has reports available can post here to share.... thanks   |
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FATABA
Supreme |
27-Feb-2015 11:03
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agreed,  Note YZJ has RMB $2.7B cash /etc. And given 3 years tax concession DyoDD....happy investing
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halleluyah
Supreme |
27-Feb-2015 11:00
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i drink kopi O liao n jeep sunny.... |
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shadow
Veteran |
27-Feb-2015 10:43
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I think YZJ result is not bad. Taking into consideration those orders secured previously are on low margin.. This has been factored. Moving forward should see better margins and pricing. Also HTM assets reducing, debt financing reduces also ... isn' t that healthy what all analysts alway wanted.. reduce HTM risk exposure and concentrate on core shipping business. YZJ is on right direction. And most importantly they must continue its dividend policy paying 5cts.... I have been collecting that 5cts div for 3-4 years... I will continue to support YZJ. DYDD.. like you said  filter out the noise and stay on course    
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ascend88
Master |
27-Feb-2015 10:32
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climbing back to 1.22 amazing... filter out the noise and stay on course...     |
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halleluyah
Supreme |
27-Feb-2015 10:28
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collect cheap cheap now fr dividend 5.5 cts |
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charliel3ong
Senior |
27-Feb-2015 10:27
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Got a little shocked to see the sudden plunge, relieved to see some strong support around 1.18 1.19, and now prob a decent support around 1.20 pivot mark. I guess the sudden plunge prob was due to major shareholder ' re-shuffle' and the temporary strong selling pressure triggering some stop loss order around 1.20   1.21 area.  If it stay above 1.20 1.21 area for the rest of the day, then it would seem like the morning plunge was a false breakout below 1.20. afterall, the dividend is slightly better than expected at 5.5cents.  this is excluding some significant ' negative' reports coming in later today or so. |
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BetterStill
Veteran |
27-Feb-2015 10:23
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Thank you !!
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FATABA
Supreme |
27-Feb-2015 10:10
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I think its a good set of results ( just a quick look at it. ) With 7% rev growth in a tough market and 13% grow in NET annual profit.U$4.75B outstanding order. Increase dividend to 5.5c Some bb is pushing in down to accumulate. anyway do your own check and you will see. Happy investing.
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BetterStill
Veteran |
27-Feb-2015 10:05
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Still confused about the result?.Good or bad? | ||||
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