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YZJ Shipbldg SGD
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The Only Shipbuilding Blue Chip in SGX!
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MrBear12
Supreme |
14-Aug-2024 09:12
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Hokpin, You have been long enough in the markets to observe this phenomenon. This is a chance for some to pick up.
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MrBear12
Supreme |
14-Aug-2024 09:10
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Very true, bro s100125. But beware of sky-high prices, just as we be careful of too low prices. Stock prices can go up, but it can also come down. Bulls and bears tussle everyday.
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hokpin
Supreme |
14-Aug-2024 09:07
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Today profit taking? | ||||
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s100125
Elite |
14-Aug-2024 09:06
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But when will it be launched successfully is a question, better to put your satellite to the one that can bring it up to the sky.
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MrBear12
Supreme |
14-Aug-2024 08:55
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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If I had time, I' d just go for a long walk and deeply breathe some fresh air. Or read a book like... ... The Little Prince 千 金 难 买 寸 光 阴 一 寸 光 阴 一 寸 金
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Panda8
Veteran |
14-Aug-2024 08:47
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2028? how many years later? you will missed so many opportunities. Time is money.
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MrBear12
Supreme |
14-Aug-2024 08:21
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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okay, I' ll stay at Seatrium. Seatrium rocket has failed many times, but it will launch successfully by 2028.
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Winnertakeall
Elite |
13-Aug-2024 18:24
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Yangzijiang Shipbuilding leads gains
Julius Baer official says equities have become more attractive again, and now is the time to cobble together an equity shopping list |
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Login20
Master |
13-Aug-2024 18:01
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Thank you, is ok, at least we listen by the ears with another piece of information
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ETSJ77
Member |
13-Aug-2024 17:58
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I don' t think that they will spin off the ship chartering business as it is complementary to ship building (or unless they become like another Seaspan). As like with COSCO in the 2000s, before they went down the docks. No pun intended ..lol
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Login20
Master |
13-Aug-2024 17:51
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Possible new spin off is a good information.
Thank you.
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ETSJ77
Member |
13-Aug-2024 17:47
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Guys...What about the potential of the LNG terminal/storage that they have obtained govt approval to build.......It' s supposedly gonna be the biggest in China. This is a huge project too with the potential to be spun off? | ||||
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aragosta
Supreme |
13-Aug-2024 17:38
Yells: "BBs never say why when they buy; never tell when they sell" |
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It is important to note that on the day after it announces its revenue up by 15%, profits up by 77%, its price closed almost 15% up....... surely it is more than the results......more than meets the eyes, so they like to say... and not much attention was given to the fact that it has increased its cash position by a significant margin, of more than 40%, and more significant is the fact that its cash position is able to cover its borrowings and debts by a country mile....... seldom, you see a company of this size, is so that blardy strong financially...... one more thing, although it was indicated that ah yang will complete another 45% of its deliveries by end FY, black market thinks it is likely to be much more, given its expanded facilities are ready to contribute......... more completed projects mean more realised revenues! No $5 no sell could be a joke...... it could be higher...... |
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BinderyT
Elite |
13-Aug-2024 17:36
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wow! I haven' t looked at this stock since it went pass $2. Now I' m tempted to sell lol. | ||||
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Login20
Master |
13-Aug-2024 16:38
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There will still be very GOOD show times at YZJSB 3Q24 updates and FY24 results annoucement. Especially the FY24 result that report its net profit of more than S$1bn for the 2024, if and probably will be in order, and with much better divident than 2023, base on assumption to remain status quo, 77.2% more than 2023 declared divident. Besides, the 2024 order book is how many times achieve since by 1H24, already achieved 188% of the 2024 whole year target contract win. Another splendid results foreseeable.
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desaw68
Member |
13-Aug-2024 16:11
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Seaspan books 27 dual-fuel containerships in a major fleet renewal pushAugust 12, 2024, by Fatima Bahtić
Hong Kong-based containership owner Seaspan Corporation has entered into shipbuilding contracts for 27 dual-fuel containerships as part of its fleet expansion program. As informed, the orders for vessels, ranging between 9,000 and 17,000 TEU, were placed in June this year. Seaspan&rsquo s parent company Atlas Corporation revealed the information in the US Securities and Exchange Commission filing. Thirteen contracts were for four 9,000 TEU methanol dual-fuel containerships, four 9,000 TEU liquefied natural gas (LNG) dual-fuel containerships and five 17,000 TEU LNG dual-fuel containerships. These contracts were thereafter novated to certain nominees. Upon delivery, these newbuilds will be chartered by the company from such nominees under bareboat charters and will then commence long-term time charters with a customer. Furthermore, five contracts were placed for 17,000 TEU LNG dual-fuel containerships and five deals were for 16,000 TEU LNG dual-fuel containerships. Upon delivery, these ten newbuilds will commence long-term charters with an undisclosed client. Four more agreements were signed for LNG dual fuel 9,000 TEU boxships. These contracts were thereafter novated to a customer, according to the company. The Hong Kong-based shipowner did not reveal the name of the shipyard that will construct the vessels however, data from VesselsValue suggests that some of the 9,000 TEU containerships could be booked at Jiangsu Yangzijiang in China. The vessels will be delivered between 2027 and 2028 and each vessel will commence a long-term charter upon delivery. During the first six months of 2024, Seaspan accepted the delivery of 18 newbuild vessels. Each of these vessels started long-term time charters upon delivery. |
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Login20
Master |
13-Aug-2024 15:42
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Thank you, so much, I subscribed with The Edges too, but never check it out.
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PiRPiR
Master |
13-Aug-2024 15:28
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Analysts up Yangzijiang Shipbuilding?s TP after 1HFY2024 earnings beat estimates
Analysts from DBS Group Research and Citi Research have kept their ?buy? calls on Yangzijiang Shipbuilding after the group?s earnings for the 1HFY2024 ended June 30 beat their estimates. Yangzijiang?s 1HFY2024 earnings surpassed DBS analyst Ho Pei Hwa?s estimates by 20% after its net profit surged by 77% y-o-y and 29% h-o-h to RMB3.06 billion ($564.9 million). The group?s shipbuilding margins, at 25.9% for the period, also beat her expectations. As such, Ho has raised her earnings estimates for the FY2024 and FY2025 by 25% and 21%. Accordingly, her target price is also raised to $2.88 from $2.75 previously. Citi Research analyst Luis Hilado has also increased his target price estimate to $3.14 from $2.45 previously after Yangzijiang?s earnings significantly surpassed its FY2024 guidance. Following the group?s robust order book and ebitda margins in the 1HFY2024, Hilado has upped his ebitda forecasts for the FY2024, FY2025 and FY2026 by 15%, 8% and 3% respectively. The analyst has also increased his profit forecasts for the three years y 17%, 8% and 1% respectively. ?With low steel prices (guided to have bottomed out) and stable exchange rates, the high gross and ebitda margins recorded in 1HFY2024 are likely to prevail and hence we have raised ebitda and profit forecasts. However, any upside seen in the FY2025 is partly tempered by the analyst?s assumption of higher depreciation and amortisation (D&A) charges from RMB5 billion expansion and upgrade spend over one to two years. ?With management indicating the bulk of new order wins more substantially impact FY2027 onwards, we have tempered our FY2024 ? FY2026 revenue assumptions,? he says. ?However, with revenue visibility possibly even reaching FY2029 (from mid-FY2028) when 2HFY2024 results are disclosed, we believe the stock continues to have legs to support a re-rating,? he adds. In Ho?s view, Yangzijiang?s advancement towards environmental, social and governance (ESG), carrier orders for its liquefied natural gas (LNG) vessels and earnings growth are key catalysts. ?Yangzijiang?s improving corporate governance and pivot towards cleaner vessels such as dual-fuel containerships and gas carriers, which now account for 70% of orderbook, could draw more interest from ESG funds,? she notes. ?Securing more orders for LNG carriers allows Yangzijiang to scale up and strengthen its market positioning. The LNG carrier market has high technical barriers to entry and could provide Yangzijiang the next leap of growth,? she adds. Finally, she notes that the market has yet to fully appreciate the group?s earnings growth potential from its record order backlog as well as potential yard expansion of 20%. ?Yangzijiang?s yards are full through 2026 with an orderbook of US$20.15 billion ($26.67 billion). This is expected to propel an earnings compound annual growth rate (CAGR) of 26% in the next two years, driven by both revenue growth and margin expansion, as 65% of its orderbook is made up of containership orders that command higher value and margins,? says Ho. ?We expect further uplift in its orderbook, boosted by potential orders for large LNG carriers,? she adds. Meanwhile, Hilado remains positive on the group?s outlook given its strong order and revenue visibility well into the long-term, thereby driving healthy growth for at least the next three years. Shares in Yangzijiang Shipbuilding traded 30 cents higher or 12.61% to $2.68 before the mid-day break on Aug 13.
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Winnertakeall
Elite |
13-Aug-2024 15:27
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Subscription required https://www.theedgesingapore.com/flash-categories/brokers-calls
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kt3152
Supreme |
13-Aug-2024 15:17
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DBS target price raised to $2.88 from $2.75 previously.
Citi Research also increased his target price estimate to $3.14 from $2.45.....
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