Back

Latest Forum Topics / YZJ Shipbldg SGD    Last:3.54    +0.08

Post Reply

Cruising with the ship ..Yangzijiang Post Reply Rate topic
Kyoto2008 Elite	11-Aug-2014 10:59        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is OCBC' s comments: Yangzijiang Shipbuilding (YZJ) reported a 3% YoY fall in revenue to RMB4.3b but a 52% increase in net profit to RMB1.24b, such that 2Q14 revenue and net profit accounted for about 55% and 63% of our full-year forecasts, respectively. Excluding a one-off tax credit of RMB349m in 2Q14, core net profit accounted for about 52% of our full year estimate. Gross profit margin in the quarter remained healthy at 27.7% vs. 27.5% in 2Q13. According to the group, YZJ has won the most new orders among all the Chinese yards since the start of this year. Looking ahead, the group intends to refocus on its core shipbuilding business and redirect resources from its non-shipbuilding businesses.
Useful To Me  Not Useful To Me
ronleech Elite	11-Aug-2014 10:28        ronleech About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Believe in yourself. Ride with the waves......"
x 0   x 0  Alert Admin	report not very impressive gaining from tax relief.... becareful...likely to end up like cosco cutting profit margin to bring in biz...
Useful To Me  Not Useful To Me
Kyoto2008 Elite	11-Aug-2014 10:24        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yep, white soldiers. Good review for this counter, poised to move up, it' s broken out of a double bottom. The superb results, new contracts won, and management commitment to shed it' s micro finance biz in order to focus on shipping will give the stock impetus to gain. zhike10      ( Date: 10-Aug-2014 23:05) Posted: Three straight gain for past three days and each day closed higher than previous day.. Looks like it is going up.
Useful To Me  Not Useful To Me
Super_Rose Member	11-Aug-2014 00:39        Super_Rose About Contact  Quote this Post!
x 0   x 0  Alert Admin	A good competitor of kep
Useful To Me  Not Useful To Me
zhike10 Member	10-Aug-2014 23:05        zhike10 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Three straight gain for past three days and each day closed higher than previous day.. Looks like it is going up.
Useful To Me  Not Useful To Me
wendycheong81 Veteran	10-Aug-2014 22:15        wendycheong81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Should be hitting 1.2 soon given last friday closing is superb with weak market stevenk      ( Date: 10-Aug-2014 22:07) Posted: Will continue to go up if it can close above 1.15.
Useful To Me  Not Useful To Me
stevenk Senior	10-Aug-2014 22:07        stevenk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will continue to go up if it can close above 1.15.
Useful To Me  Not Useful To Me
Spivvy Elite	06-Aug-2014 23:38        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hmmm yea true but still many people still choosing to rush into stores to buy during sales woh!!! Like mad hse like that while sales are much slower moving during normal times. Y leh? Cos smart savvy ple knoes they can get some real good deals when sales seasons arrive & pay less so they wait. Snart investors do that too. They dont just cheong right in anytime de. wendycheong81      ( Date: 06-Aug-2014 23:27) Posted: you must rem u r buying off season goods during sales Spivvy      ( Date: 06-Aug-2014 23:20) Posted: No need dream la. Got 40c then got talk. Else continue yur shopping. Why buy expensive now when u can get it at a 30% or 50% discount during clearance sales? Buy now & u get angry when the same item goes on sale at a lower px.
Useful To Me  Not Useful To Me
wendycheong81 Veteran	06-Aug-2014 23:27        wendycheong81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	you must rem u r buying off season goods during sales Spivvy      ( Date: 06-Aug-2014 23:20) Posted: No need dream la. Got 40c then got talk. Else continue yur shopping. Why buy expensive now when u can get it at a 30% or 50% discount during clearance sales? Buy now & u get angry when the same item goes on sale at a lower px.
Useful To Me  Not Useful To Me
Spivvy Elite	06-Aug-2014 23:25        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	U will get more disheartened when others can buy exactly the same item as you during sales but at a much lower px. So best not get tempted now & regret yur purchase. Later u scatch yur head till hair drop also no help de.
Useful To Me  Not Useful To Me
Spivvy Elite	06-Aug-2014 23:20        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	No need dream la. Got 40c then got talk. Else continue yur shopping. Why buy expensive now when u can get it at a 30% or 50% discount during clearance sales? Buy now & u get angry when the same item goes on sale at a lower px.
Useful To Me  Not Useful To Me
Kyoto2008 Elite	06-Aug-2014 23:18        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let' s look at the numbers, top line and eps. ROE. Second  this stock has gone through whipsaws ever since the lawsuit filed.    Can' t really find a reason for the price swings.      Any idea? Price swing down from mid June, any particular reason?  It' s hard to put in money when we do not understand fully the price behaviour, coz then it' s difficult to predict what' s to come.
Useful To Me  Not Useful To Me
Spivvy Elite	06-Aug-2014 23:09        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	40c will be the TP. No more no less. wendycheong81      ( Date: 06-Aug-2014 22:59) Posted: pls continue to dream for the next crisis. when its there then you let me know I will see how low it will go because crisis come u will tell urself it can go even lower than 40cent. Spivvy      ( Date: 06-Aug-2014 22:53) Posted: Fully valued how to cheong. At most let it go up to 1.20. U want see $1.60 to above $2 not easy, not say impossible. But 40c sure can buy. Thats value investment. At current px too expensive to buy. 1 lollar leh. Buy stocks must be on shopping spree. Wendy cheong, dont tell me u dont go cheong year end sales, xmas sales mah? When tings v cheap u go for handbag, clothes sales etc, why come to stocks u dont wait for big discounts clearance sales leh? 40c not unrealistic when the next crisis hits. I will liquidate my bank savings to hoot yzj as well when that happens. Maybe 15% of my portfolio. Heeee.
Useful To Me  Not Useful To Me
wendycheong81 Veteran	06-Aug-2014 22:59        wendycheong81 About Contact  Quote this Post!
x 1   x 0  Alert Admin	pls continue to dream for the next crisis. when its there then you let me know I will see how low it will go because crisis come u will tell urself it can go even lower than 40cent. Spivvy      ( Date: 06-Aug-2014 22:53) Posted: Fully valued how to cheong. At most let it go up to 1.20. U want see $1.60 to above $2 not easy, not say impossible. But 40c sure can buy. Thats value investment. At current px too expensive to buy. 1 lollar leh. Buy stocks must be on shopping spree. Wendy cheong, dont tell me u dont go cheong year end sales, xmas sales mah? When tings v cheap u go for handbag, clothes sales etc, why come to stocks u dont wait for big discounts clearance sales leh? 40c not unrealistic when the next crisis hits. I will liquidate my bank savings to hoot yzj as well when that happens. Maybe 15% of my portfolio. Heeee.
Useful To Me  Not Useful To Me
Spivvy Elite	06-Aug-2014 22:53        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Fully valued how to cheong. At most let it go up to 1.20. U want see $1.60 to above $2 not easy, not say impossible. But 40c sure can buy. Thats value investment. At current px too expensive to buy. 1 lollar leh. Buy stocks must be on shopping spree. Wendy cheong, dont tell me u dont go cheong year end sales, xmas sales mah? When tings v cheap u go for handbag, clothes sales etc, why come to stocks u dont wait for big discounts clearance sales leh? 40c not unrealistic when the next crisis hits. I will liquidate my bank savings to hoot yzj as well when that happens. Maybe 15% of my portfolio. Heeee.
Useful To Me  Not Useful To Me
wendycheong81 Veteran	06-Aug-2014 22:23        wendycheong81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	pls wait for the next market crash to buy in at 40cents. you are not being realistic Spivvy      ( Date: 06-Aug-2014 22:15) Posted: Still so expensive. No 40c No Buy.
Useful To Me  Not Useful To Me
WiseInvestor Elite	06-Aug-2014 22:17        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	too cheap in view of booming shipping demands...Yangzijiang will be re-rated higher price soon!
Useful To Me  Not Useful To Me
Spivvy Elite	06-Aug-2014 22:15        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Still so expensive. No 40c No Buy.
Useful To Me  Not Useful To Me
wendycheong81 Veteran	06-Aug-2014 22:05        wendycheong81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	this ship has always been stable n steady giving out dividend but the only strange thing is its share price is not moving much n as fast. ascend88      ( Date: 06-Aug-2014 21:51) Posted: One of China?s top shipbuilders Yangzijiang Shipbuilding (YZJ) has recorded the strongest quarterly earnings of RMB 1.24 billion based on the shipbuilder?s latest results, up 52 % year on year. Despite having 9 vessels delivered in 2Q 2014 compared to 11 vessels in 2Q 2013, the shipbuilding related segment?s revenue contribution only decreased slightly by 3.2 % y-o-y to RMB 3.9 billion primarily due to the construction and delivery of the first batch of 10,000TEU containerships with higher contract prices. Shipbuilding business accounted for about 86% of this segment?s revenue for 2Q2014 (2Q2013: 91%). The shipbuilding related segment?s 2Q2014 revenue was also effectively supplemented by the trading business, the revenue of which accounted for approximately 12% of the segment?s revenue. With respect to the outlook, leveraging on the upswing of the shipping industry, the group wants to focus on shipbuilding business and has deployed more resources into R&D for better and more sophisticated vessels in order to strengthen its shipbuilding capabilities. In 1H2014, the group secured a total of 32 effective shipbuilding contracts amounting to US$1.4 billion, comprising of 3 units of 64,000DWT, 16 units of 82,000DWT, 3 units of 208,000DWT, and 4 units of 260,00DWT bulk carriers, along with 2 units of 1,100TEU, and 4 units of 10,000TEU containerships. Notably, the group secured an order for its largest ever bulk carriers, consisting of the four 260,000DWT very large ore carriers in June 2014, from its first Australian customer. Year to date, the Group has won the most new orders among the Chinese yards and its order size ranked No. 1 in terms of Compensated Gross Tonnage (CGT) in China. The current outstanding order book at the shipyard as of 30 June 2014 amounts to US$5.0 billion for 122 vessels and the yard capacity is expected to be highly utilized until the end of 2016. Mr Ren Yuanlin, Executive Chairman of Yangzijiang said,: ?We are happy to deliver another good set of results for 2Q2014, and we will be striving to keep the strong growth momentum going.? ?The shipping industry continues to be on a steady recovery track and we have observed that ship owners are enhancing their focus on vessels? operational efficiencies. This has led to a rise in demand among the shipping industry for vessels that are more complex and larger. We aspire to maintain our leadership position and competitiveness by driving our innovation forward to better fulfill the needs of our long term customers,? he added.
Useful To Me  Not Useful To Me
ascend88 Master	06-Aug-2014 21:51        ascend88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	One of China?s top shipbuilders Yangzijiang Shipbuilding (YZJ) has recorded the strongest quarterly earnings of RMB 1.24 billion based on the shipbuilder?s latest results, up 52 % year on year. Despite having 9 vessels delivered in 2Q 2014 compared to 11 vessels in 2Q 2013, the shipbuilding related segment?s revenue contribution only decreased slightly by 3.2 % y-o-y to RMB 3.9 billion primarily due to the construction and delivery of the first batch of 10,000TEU containerships with higher contract prices. Shipbuilding business accounted for about 86% of this segment?s revenue for 2Q2014 (2Q2013: 91%). The shipbuilding related segment?s 2Q2014 revenue was also effectively supplemented by the trading business, the revenue of which accounted for approximately 12% of the segment?s revenue. With respect to the outlook, leveraging on the upswing of the shipping industry, the group wants to focus on shipbuilding business and has deployed more resources into R&D for better and more sophisticated vessels in order to strengthen its shipbuilding capabilities. In 1H2014, the group secured a total of 32 effective shipbuilding contracts amounting to US$1.4 billion, comprising of 3 units of 64,000DWT, 16 units of 82,000DWT, 3 units of 208,000DWT, and 4 units of 260,00DWT bulk carriers, along with 2 units of 1,100TEU, and 4 units of 10,000TEU containerships. Notably, the group secured an order for its largest ever bulk carriers, consisting of the four 260,000DWT very large ore carriers in June 2014, from its first Australian customer. Year to date, the Group has won the most new orders among the Chinese yards and its order size ranked No. 1 in terms of Compensated Gross Tonnage (CGT) in China. The current outstanding order book at the shipyard as of 30 June 2014 amounts to US$5.0 billion for 122 vessels and the yard capacity is expected to be highly utilized until the end of 2016. Mr Ren Yuanlin, Executive Chairman of Yangzijiang said,: ?We are happy to deliver another good set of results for 2Q2014, and we will be striving to keep the strong growth momentum going.? ?The shipping industry continues to be on a steady recovery track and we have observed that ship owners are enhancing their focus on vessels? operational efficiencies. This has led to a rise in demand among the shipping industry for vessels that are more complex and larger. We aspire to maintain our leadership position and competitiveness by driving our innovation forward to better fulfill the needs of our long term customers,? he added.
Useful To Me  Not Useful To Me

                                                         First   < Newer   16561-16580 of 19560   Older>   Last