| Latest Forum Topics / YZJ Shipbldg SGD Last:3.46 -- |
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The Only Shipbuilding Blue Chip in SGX!
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Winnertakeall
Elite |
17-Oct-2023 14:19
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Average Price Target Based on 6 Wall Street analysts offering 12 month price targets for Yangzijiang Shipbuilding (Holdings) in the last 3 months. The average price target is S$1.92 with a high forecast of S$2.01 and a low forecast of S$1.85. |
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kiseki_2818
Master |
17-Oct-2023 14:09
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using cfd is actually "borrowing" shares n they need to pay interest n dividend.
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fuzzyshares
Veteran |
10-Oct-2023 09:54
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10/4, 1.56-1.62, closed 1.59, 28m, T-day
10/5, 1.57-1.61, closed 1.57, 15m 10/6, 1.56-1.61, closed 1.59, 18m 10/9, 1.56-1.60, closed 1.59, 20m Today 10/10 is the last day to sell contra trades bought on T-day. 'Long' sighted or 'Short' sighted? One that can't see near and the other that can't see far. In any case, both need glasses. |
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Battle123
Elite |
09-Oct-2023 16:23
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Mi also hope so ... fly up and up dyodd 
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Tracer63
Elite |
09-Oct-2023 16:02
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Load up big on YZJ, 1.58 - 1.59 | ||
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Panda8
Veteran |
04-Oct-2023 14:36
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Not only S chip. DBS down 53 cents, SIA down 15 cents. SATS drop more than 3%
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FrancisLim
Elite |
04-Oct-2023 14:20
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All the S chips, abandoned due to econ problems at home | ||
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Winnertakeall
Elite |
04-Oct-2023 14:06
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Fundamentals still intact. Wonder which funds are selling ?? Very powerful sell from high $1.79 --> > $1.57 today. With these latest order wins, year-to-date, the Group has secured new orders for 69 vessels worth approximately USD5.6 billion, exceeding its year 2023 target of USD3.0 billion, achieving the highest ever total outstanding orderbook value of USD14.60 billion for 180 vessels. |
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Panda8
Veteran |
02-Oct-2023 08:48
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I think you get me wrong. Many ppl still think that short need to borrow shares. It is absolutely wrong. If you are using CFD plateform, you no need to borrow share to short. You just open an account with certain amount of money, you can start long or short by paying little fee. And there is no time frame to close the position as long as you pay the little charges. All these trading is recorded in the daily vol. Even you mentioned about short with borrow shares, it is also reflected. Suggest you find out more from your broker on CFD. DMA, market maker etc. CFD no need to close the posittion on the 4th day. |
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fuzzyshares
Veteran |
01-Oct-2023 13:04
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Yes those who short with borrowed shares may not affect 4 day contra cycle. But then it would be foolish to mess with a rising stock like YZJSH. The contra cycle was shortened from 7 day to 5 day and to the present 4 day. Probably not a wise move to contra due to the limited time but the numbers spoke for themselves. | ||
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Panda8
Veteran |
01-Oct-2023 09:40
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Hi, thank you for the effort to list the trading vol every day. But please take note on the following: 1) The huge vol generated are confirmed BB using CFD accounts either short or long. There is no duration limit set like retailer doing contra. As long as they pay small fee to short or to long. No need like the stupid 123 keep saying borrow shares. 2) Those vol that reflect in the daily trading are brokarage CFD DMA plateform, how about those brokarage CFD plateform is market maker, then the trading vol is not relected.
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fuzzyshares
Veteran |
29-Sep-2023 17:15
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9/26, 1.66-1.72, closed 1.66, 22m, T-day
9/27, 1.65-1.68, closed 1.66, 12m 9/28, 1.65-1.69, closed 1.67, 14m 9/29, 1.65-1.70, closed 1.66, 28m Mon 10/2 is the last day to sell contra trades bought on T-day. At end August YZJSH set a new 52 week high of 1.79 but with little support it was sold down to the '60s. September has been a series of roller coaster rides. Definitely not for the weak heart. With the beginning of a new month, let's see what October has in store for YZJSH. |
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Battle123
Elite |
29-Sep-2023 16:54
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tis ship havent sink yet, still good, onboard ship and sail over 170 ... |
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GoodLearner
Senior |
29-Sep-2023 09:30
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short term target 1.75.. hope can achieve |
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fuzzyshares
Veteran |
29-Sep-2023 08:13
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9/25, 1.69-1.71, closed 1.71, 8m, T-day
9/26, 1.66-1.72, closed 1.66, 22m 9/27, 1.65-1.68, closed 1.66, 12m 9/28, 1.65-1.69, closed 1.67, 14m Today 9/29 is the last day to sell contra trades bought on T-day. Amid lack of direction for stocks, seeking direction. |
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fuzzyshares
Veteran |
27-Sep-2023 17:52
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9/22, 1.71-1.74, closed 1.72, 9m, T-day
9/25, 1.69-1.71, closed 1.71, 8m 9/26, 1.66-1.72, closed 1.66, 22m 9/27, 1.65-1.68, closed 1.66, 12m Thr 9/28 is the last day to sell contra trades bought on T-day. A breather. |
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fuzzyshares
Veteran |
27-Sep-2023 12:00
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KGI Trading Ideas, 27 Sep 2023
Yangzijiang Shipbuilding (YZJSGD SP): Entry - 1.67 Target - 1.80 Stop Loss - 1.61 Double bonanzas-record order book and weak RMB |
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fuzzyshares
Veteran |
26-Sep-2023 18:25
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9/21, 1.67-1.75, closed 1.74, 30m, T-day
9/22, 1.71-1.74, closed 1.72, 9m 9/25, 1.69-1.71, closed 1.71, 8m 9/26, 1.66-1.72, closed 1.66, 22m Wed 9/27 is the last day to sell contra trades bought on T-day. After the price jump on T-day and with the euphoria subsiding, it's crunch time. |
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emailpeter
Veteran |
26-Sep-2023 13:57
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Yes, their vast expansion into LNG supply terminals (and even methanol) could well require much cash, so they need balance against having promised a higher payout ratio meet halfway I guess. And more fundamentally, we might see a boom in new energy related stocks (methanol etc), as they build more dual fuel ships of such, and widen their terminals to add methanol into the picture. Your suggested bonus issue might well play out, as this share can easily shoot past fundamentals of > $2 if such a bull/boom takes place. A bonus issue will definitely fit in to help spur an increase market cap. All aspects seem to indicate that YZJSH has played their perfect game to fit right into the current boom. After all the Ren' s are masters of this industry. With big 5-star shipping conglomerates safely in their order books, the 5-star institutional investors will pile on longer term shareholdings.
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emailpeter
Veteran |
26-Sep-2023 11:53
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EXCERPT FROM UOB KAYHIAN REPORT 26/09/2023 Yangzijiang Shipbuilding (YZJSGD SP/BUY/Target: S$1.88) &bull 1H23 margins exceeded expectations. YZJ saw overall improvements in margins in 1H23, led by its core shipbuilding segment with a gross profit margin of 17.7% (+4.9ppt yoy) which surpassed our full-year forecast of 14.5%. This was due to lower material costs and favourable US$/Rmb foreign exchange rates. &bull Regulatory factors should continue to boost new order wins. Clean-energy vessels accounted for 56% of YZJ&rsquo s orderbook value of US$14.7b in 1H23 (1H22: 23%). During 1H23, YZJ also secured its first-ever methanol dual-fuel containership order. The company believes that the global fleet-renewal trend will be boosted by the International Maritime Organisation&rsquo s (IMO) revised 2023 Strategy on Reduction of Greenhouse Gas Emissions from Ships which accelerated greenhouse gas reduction in the shipping industry. As a result, YZJ believes that the focus will be on methanol rather than LNG fuelled vessels. &bull Maintain BUY with a PE-based target price of S$1.88. Our target PE multiple of 9.9x remains at 1.5SD above the company&rsquo s five-year average of 6.6x with the upgrade coming from higher 2023/24 EPS estimates after the company&rsquo s strong 1H23 results. We believe the premium to its average PE is justified given the company&rsquo s earnings visibility into 2027 as well as its strong track record of safe and efficient shipbuilding for its international customer base. YZJ has an outstanding orderbook for 181 vessels worth US$14.7b as at end-1H23. We maintain our 2023 orderbook win target at US$7b. RISKS TO OUR THESIS &bull Delays in project sanctioning due to supply chain issues lack of financing for fossil fuelrelated industries global recession leading to lower capex. |
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