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YZJ Shipbldg SGD
Last:3.46
-0.12
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Cruising with the ship ..Yangzijiang
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CalvinChia888
Master |
26-Feb-2015 10:49
Yells: "Pay It Forward Analyze The Analysts" |
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i tot YZJ says they want to develop their Wuxi port into River View Condo ? think more than 2 years already ? Still no updates ?   |
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FATABA
Supreme |
26-Feb-2015 10:46
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Results is not this week ?  Anyone know when? I dont recall seeing any input from YZJ on their result release date
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BetterStill
Veteran |
26-Feb-2015 10:29
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Result where? | ||||
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ascend88
Master |
25-Feb-2015 17:15
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bit by bit....
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earlybird14
Supreme |
25-Feb-2015 16:46
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Result out today or tomorrow. |
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charliel3ong
Senior |
25-Feb-2015 16:29
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still strong resistance at 1.28, seems like going to be patient with this one.  |
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kenkenken
Senior |
25-Feb-2015 16:23
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Good order book, good revenue, good profit margin BUT website DOWN or DONT HAVE?? ![]() ![]() ![]() ![]()
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tianji
Veteran |
25-Feb-2015 16:22
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Going to break the resistant soon. Watch out.... |
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earlybird14
Supreme |
25-Feb-2015 15:51
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Good order book, good revenue, good profit margin, everything is perfect but looking fake. |
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earlybird14
Supreme |
25-Feb-2015 15:48
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Just don' t forget, YZJ is china s-chip. If YZJ management is singaporean and audit under singapore auditing firm, you may not need to pay attention on the possibility of faking financial statement. YZJ maintain 21% margin of shipbuilding project. As per my knowledge, this is not possible in present market since almost all shipyards are cutting throat in fighting the new building orders. Cosco singapore which is china biggest yard in term of capacity is an example to show what is the situation in china shipbuilding market. YZJ profit is not realistic at all. Just my concerns, may be over worry and may also not surface out if nobody really investigate the real asset value that they lose from their property investment. All the best vested.
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earlybird14
Supreme |
25-Feb-2015 15:39
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http://www.porttechnology.org/news/hyundai_heavy_industries_loses_billions According to World Maritime News, the South Korean shipbuilder&rsquo s full-year revenue dropped by 3% year-on-year in 2014. HHI recorded $560 million in losses in Q2, 2014 and more than $1 billion in Q3, 2014. The losses are said to have been caused by growing competition from Chinese shipbuilders and slumping demand from European owners, as well as the global fall in oil prices. In an attempt to recover some of its losses, HHI closed its unprofitable business branches and laid off a proportion of its staff.
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kenkenken
Senior |
25-Feb-2015 15:06
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earlybird14, you dont any how say say hor
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ariakus
Member |
25-Feb-2015 12:47
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earlybird14 your comments  are making me nervous so could give me some help here. Can you tell me how much did the Hyundai heavy industries lost? Which part of yzj financial statements is dodgy that makes you think that they will default? and by default you mean they are unable to pay their loans? Their statement about winning contracts are false? The investment pty and loans were addressed previously in their statements that they will scale down, no? The loans out were stated to be profitable so is there anything that you found suspicious that makes you think that they are unable to recover the loan and their provision for impairment is not enough?   |
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tianji
Veteran |
25-Feb-2015 12:03
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Won mega contracts..........ho sey liao..... |
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charliel3ong
Senior |
25-Feb-2015 11:47
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1.28 high, testing resistance liao, again.  |
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ascend88
Master |
24-Feb-2015 19:51
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Still focus and filter out all noise | ||||
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earlybird14
Supreme |
24-Feb-2015 17:24
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I also remember they invested China property and do loan shark business, anyone knows if they has gotten the money back or written off the impairment loss. RMB is so high now, they shall also suffer currency loss. |
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notmybiz
Senior |
24-Feb-2015 17:20
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I remember a HK listed co alleged YZJ Ceo of price rigging...anyone knows when is the court case gg to be heard?? |
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earlybird14
Supreme |
24-Feb-2015 16:48
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When world no.1 Hyundai Heavy industry is making loss and a lot of shipbuilding companies are suffering with high competition and low margin new order. I just can' t believe YZJ can make such a profit in this down turn. I won' t be surprise to see YZJ default and involve in finance scandal in 1 day. |
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earlybird14
Supreme |
24-Feb-2015 16:44
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today or tomorrow. This week will be the last week to release result for a lot of companies. highly likely pump and dump.
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