Back

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

Post Reply

Cruising with the ship ..Yangzijiang Post Reply Rate topic
BMW320 Member	01-Jun-2014 20:03        BMW320 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kindly read the reply from YZJ lead independent director. Prior making any contribution and most importantly dun made yourself a laughing stock. I believe you are not from the coporate world and understand how coporate function.  KepoChicken      ( Date: 01-Jun-2014 19:42) Posted: what do you mean consult?? not even got audit... just phone call....mean anything?? FUNNY LA U BMW320      ( Date: 01-Jun-2014 19:04) Posted: YZJ auditor is   PricewaterhouseCoopers LLP (not any Tom Dick Harry).  Chairman Ren would have already consulted their company legal and auditor before reply to SGX.
Useful To Me  Not Useful To Me
spore1 Supreme	01-Jun-2014 19:54        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is better to see how the mkt react before deciding next move spore1      ( Date: 31-May-2014 18:04) Posted: think it may head further south. sporeshare.blog spot.sg/2014/05/yzj.html
Useful To Me  Not Useful To Me
BMW320 Member	01-Jun-2014 19:45        BMW320 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It depend on your appetite. There are high risk taker who love it fast and furious. HIGH RISK = High Gain :-) hem2998      ( Date: 01-Jun-2014 19:23) Posted: Found an interesting article dated 10 may 2014 Shadow banking in China: Battling the darkness | The Economist - http://www.economist.com/news/finance-and-economics/21601872-every-time-regulators-curb-one-form-non-bank-lending-another-begins
Useful To Me  Not Useful To Me
KepoChicken Master	01-Jun-2014 19:42        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	what do you mean consult?? not even got audit... just phone call....mean anything?? FUNNY LA U BMW320      ( Date: 01-Jun-2014 19:04) Posted: YZJ auditor is   PricewaterhouseCoopers LLP (not any Tom Dick Harry).  Chairman Ren would have already consulted their company legal and auditor before reply to SGX.    mindfocus      ( Date: 01-Jun-2014 18:51) Posted: The can of worms are deeply hidden in its gigantic structured product aka shadow banking. Chairman Ren had infringed listing rules by the secret agreement, he and his companies  will be investigated by China authorities. We know very little about its structured products, not transparent enough, needed to be scrutinised for any accounting irregularities. China govt is very likely to clamp down on yzj shadow banking activities to prevent further abuse, shadow banking activities account for the bulk of yzj net profit. Don t forget the ENRON FRAUD AND SCANDAL, ENRON show very good net profit year after year until its collapse due to accounting fraud, all the investors money gone. Be safe than sorry!
Useful To Me  Not Useful To Me
BMW320 Member	01-Jun-2014 19:40        BMW320 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My frn, dont be so negative. Coporate learn from mistake and strived to be better. Many stress test on auditor firm was implemented after what had happen to enron. How many case follow suit after enron or lehman case? Last but not least, based on the points you mention, i believe the management will have their way to kill off all the allegation against them.  The allegation is to Chinaman Ren. Not on YZJ as a company. We will see how the mkt react tmr after the clarification. Mkt just over reacted with the shortist.  The auditor knows their job better than you or me.    mindfocus      ( Date: 01-Jun-2014 19:20) Posted: Friend, don' t be so naive. Who is the auditor for ENRON, its   Arthur Anderson, one of the five largest audit and accountancy partnerships in the world. What happen to ENRON then? BMW320      ( Date: 01-Jun-2014 19:04) Posted: YZJ auditor is   PricewaterhouseCoopers LLP (not any Tom Dick Harry).  Chairman Ren would have already consulted their company legal and auditor before reply to SGX.
Useful To Me  Not Useful To Me
hem2998 Veteran	01-Jun-2014 19:35        hem2998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very logical statement. edwinjup      ( Date: 01-Jun-2014 17:28) Posted: If i buy at 1.00..upside 10c ..downside possible 100c...worth the risk.to bet ??...why play for 10% gain for such a high risk.counter s chip....try others...maybe give u more and less risky..... KepoChicken      ( Date: 01-Jun-2014 15:12) Posted: YES... Time to dump !
Useful To Me  Not Useful To Me
hem2998 Veteran	01-Jun-2014 19:23        hem2998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Found an interesting article dated 10 may 2014 Shadow banking in China: Battling the darkness | The Economist - http://www.economist.com/news/finance-and-economics/21601872-every-time-regulators-curb-one-form-non-bank-lending-another-begins
Useful To Me  Not Useful To Me
mindfocus Member	01-Jun-2014 19:20        mindfocus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Friend, don' t be so naive. Who is the auditor for ENRON, its   Arthur Anderson, one of the five largest audit and accountancy partnerships in the world. What happen to ENRON then? BMW320      ( Date: 01-Jun-2014 19:04) Posted: YZJ auditor is   PricewaterhouseCoopers LLP (not any Tom Dick Harry).  Chairman Ren would have already consulted their company legal and auditor before reply to SGX.    mindfocus      ( Date: 01-Jun-2014 18:51) Posted: The can of worms are deeply hidden in its gigantic structured product aka shadow banking. Chairman Ren had infringed listing rules by the secret agreement, he and his companies  will be investigated by China authorities. We know very little about its structured products, not transparent enough, needed to be scrutinised for any accounting irregularities. China govt is very likely to clamp down on yzj shadow banking activities to prevent further abuse, shadow banking activities account for the bulk of yzj net profit. Don t forget the ENRON FRAUD AND SCANDAL, ENRON show very good net profit year after year until its collapse due to accounting fraud, all the investors money gone. Be safe than sorry!
Useful To Me  Not Useful To Me
BMW320 Member	01-Jun-2014 19:04        BMW320 About Contact  Quote this Post!
x 0   x 0  Alert Admin	YZJ auditor is   PricewaterhouseCoopers LLP (not any Tom Dick Harry).  Chairman Ren would have already consulted their company legal and auditor before reply to SGX.    mindfocus      ( Date: 01-Jun-2014 18:51) Posted: The can of worms are deeply hidden in its gigantic structured product aka shadow banking. Chairman Ren had infringed listing rules by the secret agreement, he and his companies  will be investigated by China authorities. We know very little about its structured products, not transparent enough, needed to be scrutinised for any accounting irregularities. China govt is very likely to clamp down on yzj shadow banking activities to prevent further abuse, shadow banking activities account for the bulk of yzj net profit. Don t forget the ENRON FRAUD AND SCANDAL, ENRON show very good net profit year after year until its collapse due to accounting fraud, all the investors money gone. Be safe than sorry!
Useful To Me  Not Useful To Me
mindfocus Member	01-Jun-2014 18:51        mindfocus About Contact  Quote this Post!
x 0   x 0  Alert Admin	The can of worms are deeply hidden in its gigantic structured product aka shadow banking. Chairman Ren had infringed listing rules by the secret agreement, he and his companies  will be investigated by China authorities. We know very little about its structured products, not transparent enough, needed to be scrutinised for any accounting irregularities. China govt is very likely to clamp down on yzj shadow banking activities to prevent further abuse, shadow banking activities account for the bulk of yzj net profit. Don t forget the ENRON FRAUD AND SCANDAL, ENRON show very good net profit year after year until its collapse due to accounting fraud, all the investors money gone. Be safe than sorry!
Useful To Me  Not Useful To Me
samson Master	01-Jun-2014 17:41        samson About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=UEPH2E2KQE33JPIS&H=119d97bbdcce481b540afa3d6acd58bbb1693c1679b1c8de645c17789b4e341c reply from yangzijiang to sgx all are the games just wait for the true reslut out
Useful To Me  Not Useful To Me
alexsmith Member	01-Jun-2014 17:35        alexsmith About Contact  Quote this Post!
x 0   x 0  Alert Admin	Following is my point of view. Based on the number of shorts on last Friday, the shares being sold are from institutional (aka big boys). Plus, retail investor won' t make a such big impact. Hence tomorrow' s price will dip again. Plus the big boys are trying to pocket the money after the price has increased so much since past 6 months. The drop won' t be until 40c. My target is around 80c. I might be wrong, but let c tmrrw. Those are still holding or buy in at 1.00 i wish them a good luck.
Useful To Me  Not Useful To Me
edwinjup Supreme	01-Jun-2014 17:28        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	If i buy at 1.00..upside 10c ..downside possible 100c...worth the risk.to bet ??...why play for 10% gain for such a high risk.counter s chip....try others...maybe give u more and less risky..... KepoChicken      ( Date: 01-Jun-2014 15:12) Posted: YES... Time to dump ! jj7007      ( Date: 01-Jun-2014 12:42) Posted: But u can be smart, sell and buy back cheaper. U could have sold at 1.065 and buy back at 1.005. U earn 6% in 2 hrs. U can even buy back next week below $1. The $1 will not hold, and we may see 97c at opening and test 95.5c. My view is we will see 90c being tested, especially with instituitional investors dumping.
Useful To Me  Not Useful To Me
KepoChicken Master	01-Jun-2014 15:12        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	YES... Time to dump ! jj7007      ( Date: 01-Jun-2014 12:42) Posted: But u can be smart, sell and buy back cheaper. U could have sold at 1.065 and buy back at 1.005. U earn 6% in 2 hrs. U can even buy back next week below $1. The $1 will not hold, and we may see 97c at opening and test 95.5c. My view is we will see 90c being tested, especially with instituitional investors dumping. cheongsl      ( Date: 01-Jun-2014 07:40) Posted: To short seller there is every possiblility to create fear, I will not sell my portion as there is no reason for this panic.
Useful To Me  Not Useful To Me
luckieball Senior	01-Jun-2014 14:21        luckieball About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F=UEPH2E2KQE33JPIS&H=4614647c3a8de1bb95cee3598a6ff15b455f1a8011e33e7847abd97fecdfec1a#.U4rFDskZ7qA jj7007      ( Date: 01-Jun-2014 12:59) Posted: erm, in no way is YZJ like Kepcorp or even sencorp. We are comparing Big conglomerate with a promising company. For one, there is no BIG backing in yzj as compared to Kepcorp. Cosco is more like Kepcorp and look where it is standing now? Either u underestimate Kepcorp or are too hopeful of YZJ BMW320      ( Date: 01-Jun-2014 09:00) Posted: YZJ is like Singapore Keppel Corp. Why worry so much? Those that created fear just hope to buy at cheaper price and made more $$. Tmr price will recover and stabilise. Enjoy your sunday.
Useful To Me  Not Useful To Me
jj7007 Veteran	01-Jun-2014 12:59        jj7007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	erm, in no way is YZJ like Kepcorp or even sencorp. We are comparing Big conglomerate with a promising company. For one, there is no BIG backing in yzj as compared to Kepcorp. Cosco is more like Kepcorp and look where it is standing now? Either u underestimate Kepcorp or are too hopeful of YZJ BMW320      ( Date: 01-Jun-2014 09:00) Posted: YZJ is like Singapore Keppel Corp. Why worry so much? Those that created fear just hope to buy at cheaper price and made more $$. Tmr price will recover and stabilise. Enjoy your sunday. didisiaosiao      ( Date: 01-Jun-2014 08:48) Posted: Based on? Dun spread rumor unless ur info is accurate. Not vested
Useful To Me  Not Useful To Me
jj7007 Veteran	01-Jun-2014 12:42        jj7007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But u can be smart, sell and buy back cheaper. U could have sold at 1.065 and buy back at 1.005. U earn 6% in 2 hrs. U can even buy back next week below $1. The $1 will not hold, and we may see 97c at opening and test 95.5c. My view is we will see 90c being tested, especially with instituitional investors dumping. cheongsl      ( Date: 01-Jun-2014 07:40) Posted: To short seller there is every possiblility to create fear, I will not sell my portion as there is no reason for this panic. KepoChicken      ( Date: 31-May-2014 22:28) Posted: Possible o not... 0.40 cents?
Useful To Me  Not Useful To Me
matrixxx Senior	01-Jun-2014 09:39        matrixxx About Contact  Quote this Post!
x 0   x 0  Alert Admin	For insider trading here, its not valid: CPIB and SES have not opened any investigation at all into this event prompted Ravi to file a police complain. All this is bullshit outright stupid investigations. April 23rd - Desmond Quack makes a presentation to the govt. to sell its money losing rail business to them. April 25th- Stocks of SMRT, Comfortdelgro, and SBS Transit see very high trade volumes, and record one day increases in price. SMRT shares up 21% in one day, Comfortdelgro up 7%, and SBS Transit up 3%. If you tie up $500K in SMRT shares on the 24th, you make just over $100K in one day. Shiok or not? The moment that Desmond Quack when to the govt. to propose the sale of all the rail assets, trading in the shares should have been suspended right away. The fact that it was not suspended is very suspicious and gives opportunity for insiders who know about the sale proposal to stock up on the shares first. In fact the correct procedure for Desmond to sell is to find a suitable buyer in the international or local market for the rail assets. whether there is one or not is irrelevant, he has to try to sell it to the highest bidder. This forces the true market value of the SMRT rail business to come out. If the highest bidder they can find is only willing to pay $1billion, and the Singapore govt ends up buying it for $2 billion, than we all know the taxpayers and citizens of singapore have just overpaid $1 billion for an asset. This kind of sale is just as bad as the insider trading component. For sure, Desmond has already send up the trial balloons long ago before he even dare to go to see them on April 23rd. The govt. must have been receptive it, and essentially, at this level, the proposal is a fait accompli. It will pass, and it will be accepted and there will be a sale. At a price that is almost certainly overpaying.   If only China will be close eyes to ren yuanlin' s tricks, then it will be the same like here.
Useful To Me  Not Useful To Me
matrixxx Senior	01-Jun-2014 09:17        matrixxx About Contact  Quote this Post!
x 0   x 0  Alert Admin	To those shortsellers or want to buy cheaper: yes, very likely will drop to 40 cents   To those bullish longers or holding shares at high price: yes, this share will go up to $2 despite bad news.   This is so good as both statement can satisfy both shortists or buyers. Just tell them what they  like or love  to hear, and they will be very happy. But in fact deep down their souls, they know what they are as either they are making real $$ or losing it by choosing buy or sell.
Useful To Me  Not Useful To Me
serious Master	01-Jun-2014 09:09        serious About Contact  Quote this Post!
x 0   x 0  Alert Admin	The problem with the court case is very serious , company should suspend the trading of share, oitherwise share price will drop like no tomorrow due to great uncertainty.
Useful To Me  Not Useful To Me

                                                         First   < Newer   16801-16820 of 19560   Older>   Last