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YZJ Shipbldg SGD
Last:3.54
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The Only Shipbuilding Blue Chip in SGX!
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fuzzyshares
Veteran |
09-Oct-2024 12:10
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Institutional buying like the rally in late May this year was true and sustainable. Otherwise YZJSH is just another retail stock. Trade true and trade smart.
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BinderyT
Elite |
09-Oct-2024 12:02
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If Trump wins, I will be opening my vault to trim down YZJ.   Hopefully price will be high when I have to do that.
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HappyBunny
Senior |
09-Oct-2024 11:57
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Some BB die die doesn?t want price to go beyond 2.52
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fuzzyshares
Veteran |
09-Oct-2024 11:31
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Mon 7/10 T-day YZJSH closed at 2.55 with a volume of 38m. Following YZJSH was unable to sustain the momentum and closed lower. Friday 11/10 T+4 would be due date for contra buyers. If traders traded with CFD platform, then there should not be any selling issues. Let's see what happens. | ||||
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emailpeter
Veteran |
08-Oct-2024 16:51
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Iron Ore plunged 5% to $105 today on the anticlimax "high expectations" of Govt. I think it will continue its downtrend towards month end 3Q24 report. Coupled with good fulfillment results (if they disclose any), only then will we see some creep up in shares towards fundamental value for 2025.
Global sentiment is not the best for now, I feel lotsa patience needed till Mar FY2024 results show an expected jump in profits. |
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AhTan888
Senior |
08-Oct-2024 15:11
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Back to 2.49 again. One day up next day down. Looks like will stay at this level for awhile. | ||||
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Panda8
Veteran |
08-Oct-2024 05:13
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Indeed look at T + 4 is no meaning at all. Every day there is T+4. But then now only very very small retailer will use T + 4 cotnra. All sydnicate only use CFD, their commission paid is almost zero. That' s why you may see many left to right pocket transaction. Those contra 100K to 200k share and can' t pick up there is no impact to the price at all.    btw, for those who still living in contra T+4 century or those thinking still need to borrow shares to short, CFD has a unlimited time frame, as long as you pay the interest 
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BinderyT
Elite |
07-Oct-2024 18:05
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It is insane.   And they should just use CFD if capital is an issue.
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rlong8288
Master |
07-Oct-2024 14:48
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everyday there is a T+4 cycle
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fuzzyshares
Veteran |
07-Oct-2024 14:09
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Frankly, to contra trade in a T+4 or 4-day cycle is insane. Should have the capacity to pick up the share, be it long term or short term trading.
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emailpeter
Veteran |
07-Oct-2024 10:18
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Funny you quote fundamentals i/o your usual contra updates. We missed you badly during that 1.65 to 2.70 sharp rise.
We could have contra traded 8 sessions x 4 days. Just keep rolling it. I was quietly confident you did !! Cheers |
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fuzzyshares
Veteran |
07-Oct-2024 10:07
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My take on YZJSH. YZJSH has always been a rising star but trading below $2 despite high appraisals. But in late May this year the market came to its senses. YZJSH was on full steam and its price shot up from $1.70s' to well above $2 in under 2 weeks, a rise of amost 0.70. And there is no looking back as its price has been maintaining between $2.30s' and $2.70s' since, and with an even higher target price. Even though YZJSH is one of the top retail stocks ultimately it is institutional buying or selling that decides its fate. With plenty of cash, good results and more than decent dividends, more seas to sail on. | ||||
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emailpeter
Veteran |
07-Oct-2024 09:42
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Wow @fuzzyshares, came back to the familiar sight of your handwriting. Welcome home !!
What do you think, any chance for us to make some gains till year end ?
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fuzzyshares
Veteran |
07-Oct-2024 09:24
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Buoy by favourable market conditions, a rise a day earlier than expected.
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kt3152
Supreme |
04-Oct-2024 11:15
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BB Block 250 to collect? Buyers at 249 keep coming.. Nice high wall..... | ||||
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Login20
Master |
04-Oct-2024 10:09
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Besides, China Golden Week is ending soon, China trading will be back, if in order.  DOYDD. |
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fuzzyshares
Veteran |
04-Oct-2024 09:56
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Today is T+4 or due date for contra shares bought on 30/9. YZJSH was sold down to 2.45 with a trade volume of 42m on 30/9. YZJSH recovered slightly on 1/10 with a trade volume of 35m. Everyone wants to make money so expect selling within these 2 days. | ||||
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Panda8
Veteran |
04-Oct-2024 08:28
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Hope Mr. Market hear you and up all the way. It' s time .......
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kepoh88
Veteran |
04-Oct-2024 01:05
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tomorrow may go up 5-8% Remember YZJ is China based stock, Steel price at lowest as money courties imposes anti dumping Additional USD5.25b order book will propel YZJ to record orders towards 2027.   |
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AhTan888
Senior |
03-Oct-2024 21:52
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It's good news. But price still got whacked down at closing. Sell on news? Or is it when everyone thinks price will go up, the BBs purposely press it down?
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