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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 |
20-Jul-2023 13:34
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7/14, 1.51-1.55, closed 1.52, 24m, T-day
7/17, 1.48-1.53, closed 1.49, 22m 7/18, 1.48-1.51, closed 1.50, 11m 7/19, 1.48-1.52, closed 1.49, 27m Today 7/20 is the last day to sell for contra trades on T-day. So far the counter has found its support level at 1.51. Probably a relief if not less pain to those trades above 1.51 on T-day. Moving forward should see stability or positive movement. Let's see what happens. |
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fuzzyshares
Veteran |
18-Jul-2023 09:52
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7/12, 1.47-1.52, closed 1.52, 34m, T-day
7/13, 1.49-1 53, closed 1 53, 35m 7/14, 1.51-1.55, closed 1.52, 24m 7/17, 1.48-1.53, closed 1.49, 22m Today 7/18 is last day to sell for contra trades on T-day. After hitting high of 1.55 do expect some pullback. However trading ranges and volumes seemed healthy. Let's see what happens. |
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Nippon72
Veteran |
15-Jul-2023 12:43
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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To each their own. No right or wrong answer. Humans are wired to be risk, pain or loss adverse. The pain of loss is always greater than the joy of winning, especially when is in the money now and to lose it later.  Money in the pocket is always " more real" than paper profits. I learned to liquidate my " weeds" aka cmi counters to regain capital and let my " flowers" ones continue to run.  Will continue to hold my kacang puteh lots.   
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ysh2006
Supreme |
15-Jul-2023 05:24
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Most analysts said target $1.60 so time to take profit leave some meat for other to take !!
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john1703
Member |
14-Jul-2023 09:04
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Hit my target price. Happy to take profit. Left 10% holdings for it to roll. Hope I didnt sell too cheap this time. | ||||
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Winnertakeall
Elite |
14-Jul-2023 07:58
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UOB Kay Hian keeps overweight call on Yangzijiang sector picks  Another company investors should be looking at within the O& M space is Yangzijiang Shipbuilding. Loh has given a & ldquo buy rating for the company with a target price of $1.65.  Yangzijiang order wins continue to be robust with the company winning orders for 46 vessels with a total contract value of US$4.42 billion in the 1QFY2023.  Yangzijiang currently has 180 vessels in its orderbook totalling US$14.6 billion which is its highest ever. Year-to-date, the company has US$5.6 billion in new orders thus exceeding its FY2023 target of US$3 billion, notes Loh.  We expect management to revise this target up to at least US$7 billion at its 1HFY2023 results in mid to late-August. We note that Chinese steel costs have come down on a y-o-y basis, potentially setting Yangzijiang up for strong 1HFY2023 results, he adds.  Shares in Yangzijiang closed at $1.53 on July 13. |
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fuzzyshares
Veteran |
12-Jul-2023 14:11
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7/6 1.46-1.49, closed 1.48, 23m, T-day
7/7 1.46-1.49, closed 1.47, 20m 7/10 1.47-1.50, closed 1.48, 19m 7/11 1.46-1.50, closed 1.48, 26m Today 7/12 is due date for contra trades on T-day. Seemed to be healthy trading ranges and trading volumes from T-day onward. There is a push to set a higher 52-week price record. Let's see what happens. |
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Panda8
Veteran |
11-Jul-2023 12:48
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No, YZJ is not one of the largest shipbuilder.  First is Shipbuilding industry corportation (also the largest in the world), follow by China State shipbuilding corporation (also no. 4 in the world). YZJ ........ smell no smoke.....     
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Winnertakeall
Elite |
11-Jul-2023 11:19
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Smart container fleet expected to grow six-fold over the next five yearshttps://splash247.com/smart-container-fleet-expected-to-grow-six-fold-over-the-next-five-years/ |
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pkli899
Supreme |
07-Jul-2023 11:57
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Yes, definitely is time they pay out higher dividend. Why not starts with an interim dividend in the coming results announcement?
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Winnertakeall
Elite |
07-Jul-2023 11:48
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Solid Singapore Blue-Chip Stocks With Growing DividendsYangzijiang Shipbuilding Holdings Ltd (SGX: BS6)Yangzijiang Shipbuilding, or YZJ, is one of the largest shipbuilding companies in China. The group owns five shipyards in Jiangsu Province that can construct a broad range of commercial vessels such as large containerships, bulk carriers, and LNG carriers. For 2022, YZJ paid out a dividend of S$0.05 per share, unchanged from a year ago, as net profit for the year leapt 31% year on year to RMB 2.6 billion. There is optimism that the shipbuilder can pay out a higher dividend this year. Year-to-date, YZJ has secured a total of 69 new vessel orders worth around US$5.6 billion, surpassing its 2023 target of US$3 billion. The group&rsquo s order book value stands at its highest-ever level of US$14.6 billion for 180 vessels as of 26 June. |
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fuzzyshares
Veteran |
07-Jul-2023 09:33
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7/3, 1.45-1.51, closed 1.46, 40m, T-day
7/4, 1.44-1.48, closed 1.44, 23m 7/5, 1.45-1.49, closed 1.47, 34m 7/6, 1.46-1.49, closed 1.48, 23m Today 5/7 is due date for contra trades on T-day. A tug of war, long or short? Let's see what happens. |
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Winnertakeall
Elite |
05-Jul-2023 20:12
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Yangzijiang buys ultramax at auction YZJ Shipping, the shipowning arm of Yangzijiang Shipbuilding, has put more of its money into its fleet.  The outfit has tabled $28.9m for the three-year-old 61,000 dwt ultramax,  Great Spirit, a ship built at Dalian COSCO KHI. The Wah Kwong-controlled ship was sold via an online auction, basis delivery end of the year.  Yangzijiang diversified into shipowning when it formed Yangzijiang Shipping in 2012 to take over cancelled bulk carrier orders.  
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fuzzyshares
Veteran |
05-Jul-2023 12:57
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When YZJSH shot up from a dollar to 1.20s, it fell like a rock and back to a dollar due to pure speculation.
And when YZJSH risen from mid 1.20s to 1.40s it fell hastily to 1.15 because of the winding up lawsuit. After soothing of the nerves, YZJSH rose to 1.36 to see it falling to 1.18 because YZJSH was told to wind up its shipping business. This time YZJSH zoom from high 1.20s to 1.50 in a jiffy. But this time may be different because of institutional support. DBS bought at 1.35. But let's not forget that this is a retail or trading counter. It's survival of the fittest. Trade with caution and due diligence. |
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john1703
Member |
05-Jul-2023 09:59
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Let' s hope $1.48 is cleared. I think Greece Evalend deal is already factored in the YZJ new order release. I think those with privilege info (paid data subscription) may know new deals most public don' t know..
 
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morgany
Veteran |
05-Jul-2023 09:54
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Traders sell only hundreds of lots, but sharks like Tomatoes are going for the kill... They have all the funds to use as and when they like, looses only write report and then write off the fund. SGX cannot over-rule those funds because they will threaten to get out of SGX.... this is sad seeing our senior's hard earned CPF taken back by the market......
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fuzzyshares
Veteran |
05-Jul-2023 09:50
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6/28, 1.43-1.47, closed 1.44, 59m, T-day
6/30, 1.45-1.50, closed 1.50, 65m 7/3, 1.45-1.51, closed 1.46, 40m 7/4, 1.44-1.48, closed 1.44, 23m Today 7/5 is due date for T-day contra trades. Yesterday trades were meant to trap traders that bought at the high end. But fresh contract news halted the fall. Let's see what happens. |
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pursuer76
Veteran |
05-Jul-2023 08:35
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I surmised those are traders and will usually cover back within the day. They have the financial backing to sell few million shares at one go. If you observe the trading, you will know.
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Winnertakeall
Elite |
05-Jul-2023 07:38
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Notice whenever stock price is up, Short-sellers would sell down 2m to 3m at one go. Why would SGX allows Short-sellers to manipulate and depress the share prices. Worst is SGX allows Short-sellers to borrow shares and pay interests on the borrowed shares. Not a fair deals for many investors. Short-sell would usually prevails over investors  SGX SaleShortVolume 4/7/2023 - 7.6m 3/7/2023 - 8.8m   |
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morgany
Veteran |
04-Jul-2023 23:23
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With so many orders, why today drop 2 cents...? Don' t make sense!!! Anyway, I am with YZJ thick and thin..... no see 1.65 no sell!!!
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