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granto Master	01-Mar-2017 16:55        granto About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yangzijiang to slash another 2,000 from its payroll http://splash247.com/yangzijiang-slash-another-2000-payroll/
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TechnicalTrader Master	01-Mar-2017 15:47        TechnicalTrader About Contact  Quote this Post! Style: Technical   Mood: Yells: "Traders perform TA using TI. Success rely on Technique used"
x 0   x 0  Alert Admin	yzj should be eating up all the small fish/es TechnicalTrader      ( Date: 01-Mar-2017 15:44) Posted: governmen support.... passing them alot of orders while letting 100-1000 of other to closeshop.... i think government really wants to make them number one .... not only in china but asia.... sembcorp or keppel have advantage of location... really   best if yzj buy one of these or set up one at Malacca Golden Port earlybird14      ( Date: 01-Mar-2017 10:05) Posted: I still can't understand why yangzijiang can perform so well in such market when Cosco is making loss and a lot of shipyards bankrupt in China even Korean shipyards also close or launch retrenchment. I think yangzijiang is the only one shipyard who still can give such luxury dividend in the world. Give her a 👍
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TechnicalTrader Master	01-Mar-2017 15:44        TechnicalTrader About Contact  Quote this Post! Style: Technical   Mood: Yells: "Traders perform TA using TI. Success rely on Technique used"
x 0   x 0  Alert Admin	governmen support.... passing them alot of orders while letting 100-1000 of other to closeshop.... i think government really wants to make them number one .... not only in china but asia.... sembcorp or keppel have advantage of location... really   best if yzj buy one of these or set up one at Malacca Golden Port earlybird14      ( Date: 01-Mar-2017 10:05) Posted: I still can't understand why yangzijiang can perform so well in such market when Cosco is making loss and a lot of shipyards bankrupt in China even Korean shipyards also close or launch retrenchment. I think yangzijiang is the only one shipyard who still can give such luxury dividend in the world. Give her a 👍 TechnicalTrader      ( Date: 01-Mar-2017 08:56) Posted: Yangzijiang reports earnings of RMB1.8 billion for FY2016, ranked No.1 in China and No.4 in the world with USD4.3 billion outstanding order book    Group reported revenue of RMB15.1 billion for FY2016, 6% lower compared to FY2015 due to the decline in revenue from shipbuilding related segment  Gross profit margin for core shipbuilding business increased to 25% for FY2016 compared to 19% for FY2015, supported by the reversal of warranty provision and USD appreciation against RMB  Group secured a total of 19 shipbuilding orders with an aggregate contract value of approximately USD823 million in FY2016  Outstanding order book stood at USD4.3 billion as at the end of 2016, comprising 85 vessels, to keep optimal use of yards&rsquo facilities till 2018-2019  With reduced borrowings and higher cash and cash equivalent balance, Group had a net cash position as of end of 2016  Group declared final dividend of 4 Singapore cents, representing a dividend payout of 43% and dividend yield of 4.3%
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shadow Veteran	01-Mar-2017 12:59        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://splash247.com/pan-ocean-orders-five-wood-pulp-carriers/ someone posted recently Pan Ocean will order at YZJ.. So should see a nice pick up in orders again soon... TMW1986      ( Date: 01-Mar-2017 12:50) Posted: Result consider decent in a bullish market. If is a bearish market, the price might drop instead. Profit and dividends drop in FY2016. But what u said is true. The management is good and let's see next few months performance. See got chance to go up even higher. Seanskx      ( Date: 01-Mar-2017 12:36) Posted: I am confident in YZJ and i ever read before their management is doing something during the bad time. This give me a confident boost on them. However there is no one way direction for a stock. Never fall in love with them. YZJ (S-chip) seem like the only last man standing at 30 main component stocks in STI. Im so happy and vested at 70cent.  Happy me.
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TMW1986 Master	01-Mar-2017 12:50        TMW1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result consider decent in a bullish market. If is a bearish market, the price might drop instead. Profit and dividends drop in FY2016. But what u said is true. The management is good and let's see next few months performance. See got chance to go up even higher. Seanskx      ( Date: 01-Mar-2017 12:36) Posted: I am confident in YZJ and i ever read before their management is doing something during the bad time. This give me a confident boost on them. However there is no one way direction for a stock. Never fall in love with them. YZJ (S-chip) seem like the only last man standing at 30 main component stocks in STI. Im so happy and vested at 70cent.  Happy me.  shadow      ( Date: 01-Mar-2017 11:03) Posted: Ask yourself  these question if you are investing in YZJ. Where do you see them in 10 years from here? Even very  bad times like this they can still  produce decent performance & results,  consistent dividends,  are you confident that in 10 years down the road they will thrive  to be better? Will their clients be confident in them to build more ships  ? I know many investors like myself also worry on S-chip bad experiences. In fact many S-chip chinese co management are terrible, I dont have to mention here... Many are just unscrupulous and cannot be trusted at all  ! Provided don' t have any management frauds or corruptions (which we never know), if they continue to work towards thier goals and do what they are doing now, they will  do just fine.
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Seanskx Member	01-Mar-2017 12:36        Seanskx About Contact  Quote this Post! Style: Technical   Mood: Yells: "probabilitytechnicalanalysis blog spot sg"
x 0   x 0  Alert Admin	I am confident in YZJ and i ever read before their management is doing something during the bad time. This give me a confident boost on them. However there is no one way direction for a stock. Never fall in love with them. YZJ (S-chip) seem like the only last man standing at 30 main component stocks in STI. Im so happy and vested at 70cent.  Happy me.  shadow      ( Date: 01-Mar-2017 11:03) Posted: Ask yourself  these question if you are investing in YZJ. Where do you see them in 10 years from here? Even very  bad times like this they can still  produce decent performance & results,  consistent dividends,  are you confident that in 10 years down the road they will thrive  to be better? Will their clients be confident in them to build more ships  ? I know many investors like myself also worry on S-chip bad experiences. In fact many S-chip chinese co management are terrible, I dont have to mention here... Many are just unscrupulous and cannot be trusted at all  ! Provided don' t have any management frauds or corruptions (which we never know), if they continue to work towards thier goals and do what they are doing now, they will  do just fine.
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shadow Veteran	01-Mar-2017 11:03        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ask yourself  these question if you are investing in YZJ. Where do you see them in 10 years from here? Even very  bad times like this they can still  produce decent performance & results,  consistent dividends,  are you confident that in 10 years down the road they will thrive  to be better? Will their clients be confident in them to build more ships  ? I know many investors like myself also worry on S-chip bad experiences. In fact many S-chip chinese co management are terrible, I dont have to mention here... Many are just unscrupulous and cannot be trusted at all  ! Provided don' t have any management frauds or corruptions (which we never know), if they continue to work towards thier goals and do what they are doing now, they will  do just fine.
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shadow Veteran	01-Mar-2017 10:50        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe if their business continuing to manage prudently  and of course they have good support also from  Chinese government  to be a  role model of the  chinese shipbuilding sector, they will continue to thrive and  excel provided the new  management don' t screw up along the way. Slow and steady one day they will emerge top of the top , sooner or later as some analyst before have predicted, they will climb to the top even over taking sembmar & kepcorp in shipbuildings... is a matter of time to prove!
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shadow Veteran	01-Mar-2017 10:39        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes, they use to go into mirco financing business in the past . But has pull out since. they also jumped into property development ... but the  CEOs said it is not their core business , they should concentrate on building they strength on shipbuildings instead.... if you read and follow their news, they have been into  incorporating/upgrading technology into their ships and almost quality and  timely delivery of their vessels as priorities. earlybird14      ( Date: 01-Mar-2017 10:26) Posted: 2 years ago I thought their profit are from their "big shark loan" business. Since they were out from the business, I was very bearish on them since Cosco that time already collapsed. But till today with such environment in past 2 years, yangzijiang result is never disappointed. Ask their management to take over sembmarine.😁 😁 😁 shadow      ( Date: 01-Mar-2017 10:12) Posted: One word : Management ! Many companies collapsed because of management. In bad times if you have a good management you can still turn things around. This is a fact !
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shadow Veteran	01-Mar-2017 10:33        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Currently the Senior Ren is  the guiding mentor to his son Junior Ren in the next generation handing over to manage the business. I hope Junior Ren will not voilate the principles his father has laid down since the business started. Be prudent , quality control and contiuing upgrading.... Young CEOs are usually very eager to perform, show results etc and sometimes forgotten about the core basic value of running a business, is a long term  thing.
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earlybird14 Supreme	01-Mar-2017 10:26        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	2 years ago I thought their profit are from their "big shark loan" business. Since they were out from the business, I was very bearish on them since Cosco that time already collapsed. But till today with such environment in past 2 years, yangzijiang result is never disappointed. Ask their management to take over sembmarine.😁 😁 😁 shadow      ( Date: 01-Mar-2017 10:12) Posted: One word : Management ! Many companies collapsed because of management. In bad times if you have a good management you can still turn things around. This is a fact !   earlybird14      ( Date: 01-Mar-2017 10:05) Posted: I still can't understand why yangzijiang can perform so well in such market when Cosco is making loss and a lot of shipyards bankrupt in China even Korean shipyards also close or launch retrenchment. I think yangzijiang is the only one shipyard who still can give such luxury dividend in the world. Give her a 👍
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Sharemaker Member	01-Mar-2017 10:14        Sharemaker About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is a strong result throughout the whole shipbuilding cycle. You can say it is " A" grade if you are an investor. When the upswing come, it may even be the world no 1. The boss say " Try not to borrow too much from the bank as bank are only interested when you are rich" , " we are not doing national service, we must make sure we make profit for all projects to survive and expand or sustain our business" . Indeed prudent words. Previously, if I am not wrong, it is touted as a strong competitor to Keppel & Semb when they started to build the 1st rig. Now, rig biz is downtrend, if uptrend and profitable, they maybe at the front again. Only technology they couldn' t acquire and found it difficult to penetrate is " Luxury liner" which is mainly control by europe shipbuilders and quite profitable eg Vard.
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shadow Veteran	01-Mar-2017 10:12        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	One word : Management ! Many companies collapsed because of management. In bad times if you have a good management you can still turn things around. This is a fact !   earlybird14      ( Date: 01-Mar-2017 10:05) Posted: I still can't understand why yangzijiang can perform so well in such market when Cosco is making loss and a lot of shipyards bankrupt in China even Korean shipyards also close or launch retrenchment. I think yangzijiang is the only one shipyard who still can give such luxury dividend in the world. Give her a 👍 TechnicalTrader      ( Date: 01-Mar-2017 08:56) Posted: Yangzijiang reports earnings of RMB1.8 billion for FY2016, ranked No.1 in China and No.4 in the world with USD4.3 billion outstanding order book    Group reported revenue of RMB15.1 billion for FY2016, 6% lower compared to FY2015 due to the decline in revenue from shipbuilding related segment  Gross profit margin for core shipbuilding business increased to 25% for FY2016 compared to 19% for FY2015, supported by the reversal of warranty provision and USD appreciation against RMB  Group secured a total of 19 shipbuilding orders with an aggregate contract value of approximately USD823 million in FY2016  Outstanding order book stood at USD4.3 billion as at the end of 2016, comprising 85 vessels, to keep optimal use of yards&rsquo facilities till 2018-2019  With reduced borrowings and higher cash and cash equivalent balance, Group had a net cash position as of end of 2016  Group declared final dividend of 4 Singapore cents, representing a dividend payout of 43% and dividend yield of 4.3%
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shadow Veteran	01-Mar-2017 10:06        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	As the Chinese saying: " Rocky roads then you will know the horse power" ! Indeed in the current  turmoil, the waves rock  & how many shippers/shipbuilders have sunk ! ( with  huge debts piling up, JM, filing bankrupcy, borrowing more and more  !)  The good days are ahead for YZJ when the big cleaned up is over in this sector !
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earlybird14 Supreme	01-Mar-2017 10:05        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I still can't understand why yangzijiang can perform so well in such market when Cosco is making loss and a lot of shipyards bankrupt in China even Korean shipyards also close or launch retrenchment. I think yangzijiang is the only one shipyard who still can give such luxury dividend in the world. Give her a 👍 TechnicalTrader      ( Date: 01-Mar-2017 08:56) Posted: Yangzijiang reports earnings of RMB1.8 billion for FY2016, ranked No.1 in China and No.4 in the world with USD4.3 billion outstanding order book    Group reported revenue of RMB15.1 billion for FY2016, 6% lower compared to FY2015 due to the decline in revenue from shipbuilding related segment  Gross profit margin for core shipbuilding business increased to 25% for FY2016 compared to 19% for FY2015, supported by the reversal of warranty provision and USD appreciation against RMB  Group secured a total of 19 shipbuilding orders with an aggregate contract value of approximately USD823 million in FY2016  Outstanding order book stood at USD4.3 billion as at the end of 2016, comprising 85 vessels, to keep optimal use of yards&rsquo facilities till 2018-2019  With reduced borrowings and higher cash and cash equivalent balance, Group had a net cash position as of end of 2016  Group declared final dividend of 4 Singapore cents, representing a dividend payout of 43% and dividend yield of 4.3%
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shadow Veteran	01-Mar-2017 09:53        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Respectable result and YZJ management team.. In fact YZJ have been quite consistent even though in bad times like this they can still manage it properly stay afloat ! What can an investor ask for.... good dividends, company in net cash position , making decent profits... this is a choice for long term investors ! Just look around , how many shipbuilders have sunk  !
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TechnicalTrader Master	01-Mar-2017 09:45        TechnicalTrader About Contact  Quote this Post! Style: Technical   Mood: Yells: "Traders perform TA using TI. Success rely on Technique used"
x 0   x 0  Alert Admin	VERY OK... shipping building firm making reasonable profit... China number one..and number 4 in teh world.. they will get stronger and stronger when other shipyards are   one-by-one closing down TMW1986      ( Date: 01-Mar-2017 09:18) Posted: Result seems ok. Good! TechnicalTrader      ( Date: 01-Mar-2017 08:56) Posted: Yangzijiang reports earnings of RMB1.8 billion for FY2016, ranked No.1 in China and No.4 in the world with USD4.3 billion outstanding order book    Group reported revenue of RMB15.1 billion for FY2016, 6% lower compared to FY2015 due to the decline in revenue from shipbuilding related segment  Gross profit margin for core shipbuilding business increased to 25% for FY2016 compared to 19% for FY2015, supported by the reversal of warranty provision and USD appreciation against RMB  Group secured a total of 19 shipbuilding orders with an aggregate contract value of approximately USD823 million in FY2016  Outstanding order book stood at USD4.3 billion as at the end of 2016, comprising 85 vessels, to keep optimal use of yards&rsquo facilities till 2018-2019  With reduced borrowings and higher cash and cash equivalent balance, Group had a net cash position as of end of 2016  Group declared final dividend of 4 Singapore cents, representing a dividend payout of 43% and dividend yield of 4.3%
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TMW1986 Master	01-Mar-2017 09:18        TMW1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result seems ok. Good! TechnicalTrader      ( Date: 01-Mar-2017 08:56) Posted: Yangzijiang reports earnings of RMB1.8 billion for FY2016, ranked No.1 in China and No.4 in the world with USD4.3 billion outstanding order book    Group reported revenue of RMB15.1 billion for FY2016, 6% lower compared to FY2015 due to the decline in revenue from shipbuilding related segment  Gross profit margin for core shipbuilding business increased to 25% for FY2016 compared to 19% for FY2015, supported by the reversal of warranty provision and USD appreciation against RMB  Group secured a total of 19 shipbuilding orders with an aggregate contract value of approximately USD823 million in FY2016  Outstanding order book stood at USD4.3 billion as at the end of 2016, comprising 85 vessels, to keep optimal use of yards&rsquo facilities till 2018-2019  With reduced borrowings and higher cash and cash equivalent balance, Group had a net cash position as of end of 2016  Group declared final dividend of 4 Singapore cents, representing a dividend payout of 43% and dividend yield of 4.3%
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TechnicalTrader Master	01-Mar-2017 08:56        TechnicalTrader About Contact  Quote this Post! Style: Technical   Mood: Yells: "Traders perform TA using TI. Success rely on Technique used"
x 0   x 0  Alert Admin	Yangzijiang reports earnings of RMB1.8 billion for FY2016, ranked No.1 in China and No.4 in the world with USD4.3 billion outstanding order book    Group reported revenue of RMB15.1 billion for FY2016, 6% lower compared to FY2015 due to the decline in revenue from shipbuilding related segment  Gross profit margin for core shipbuilding business increased to 25% for FY2016 compared to 19% for FY2015, supported by the reversal of warranty provision and USD appreciation against RMB  Group secured a total of 19 shipbuilding orders with an aggregate contract value of approximately USD823 million in FY2016  Outstanding order book stood at USD4.3 billion as at the end of 2016, comprising 85 vessels, to keep optimal use of yards&rsquo facilities till 2018-2019  With reduced borrowings and higher cash and cash equivalent balance, Group had a net cash position as of end of 2016  Group declared final dividend of 4 Singapore cents, representing a dividend payout of 43% and dividend yield of 4.3%
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TechnicalTrader Master	01-Mar-2017 08:54        TechnicalTrader About Contact  Quote this Post! Style: Technical   Mood: Yells: "Traders perform TA using TI. Success rely on Technique used"
x 0   x 0  Alert Admin	unexpectedly good results. I timing is perfect.... Lucky
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