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Cruising with the ship ..Yangzijiang Post Reply Rate topic
runaway Senior	21-Aug-2019 15:03        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you want to know whether the fruit you are buying is sweet, you dont ask the seller. What do you expect him to answer? Sweet, very sweet. Of course, who would buy if he says sour. If FMs are selling, it confirms that the fruit is sour.
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Know-Your-Stuff Senior	21-Aug-2019 14:41        Know-Your-Stuff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe right pocket go left pocket then cash back to right pocket. Not sure. Not vested, just watching.
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positivity88 Veteran	21-Aug-2019 14:18        positivity88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Advice : if unsure just dont buy / sell. clearly company wants to support but trading wise you can clearly see there is algo selling every 3 minutes 45 lots.... who will win for the day is too unpredictable. i have bought and sold at 95 and lost brokerage. can share with you buyer is local and sellers are mostly foreign houses/ with credit suisse making bulk. Cheers. good luck to all
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xyz123456 Member	21-Aug-2019 14:03        xyz123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha when we reply to her, let' s not help her repost that daunting red-headline article.  But I agree with you Savior and Obiwan  Getting tierd of this person
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BenjenStark Member	21-Aug-2019 14:01        BenjenStark About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS Group Research . Equity 21 Aug 2019 Key takeaways from Investor Concall &bull CFO reassured investors that Chairman&rsquo s assistance in investigation does not relate to Yangzijiang &bull Business and operations functioning as usual customers and bankers remain supportive &bull Share price overhang to persist till dust settles uptick in order wins could help restore confidence to some extent &bull Reiterate BUY TP S$1.82 During the investor conference call (concall) hosted by DBS, the CFO of Yangzijiang, Ms Liu Hua, reassured investment community that Chairman&rsquo s assistance in investigation is not related to the Group and operations are carrying on as usual. Key takeaways from the concall: Shipbuilding business is in good hands. While Executive Chairman, Mr Ren Yuanlin, has been the prominent figure of Yangzijiang, his son, Mr Ren Letian has succeeded him as CEO since Mar-2015, after rotating to manage various divisions of the shipyard for nearly 10 years prior to his appointment. The shipbuilding business has done well in the past four years under the new CEO&rsquo s leadership as Chairman took a step back to focus on the Investment segment. Ability to secure contracts should not be impacted. Existing shipbuilding customers who have expressed concerns over this incident involving the Chairman are comforted by the clarification. This is not expected to affect the shipyard&rsquo s ability to clinch newbuild contracts. Management remains confident of securing US$1.5-2.0bn worth of new orders this year, despite slow YTD wins of ~S$209m. The order pipeline includes high-value mega vessels such as 13.9k / 23k TEU containerships and 210k dwt / 326k dwt bulk carriers with newbuild prices ranging from US$50-150m for each vessel. Some potential contracts are in advanced to final negotiations and could conclude in 2H19. Operations of JV yard with Mitsui officially starts in August. The official commencement of the JV yard has taken several months due to the clearance from regulatory authorities such as licensing and anti-trust rule. Nevertheless, the parties started preparation work shortly after the formalisation of the partnership, such as LNG design, worker training and construction of bulk carriers at Taichang yard. Cleaner energy vessels remain the longer-term growth strategy of Yangzijiang. Not only does it have a more promising demand outlook, newbuild LNG carriers are also expected to yield double-digit gross margins as compared to single digit for conventional containerships and bulk carriers. Investment portfolio is under control. During the Chairman&rsquo s leave, CEO will assume his role in the investment arm. The CEO is probably even more prudent than his father and prefers to keep the size of the total portfolio at around Rmb10bn (vs current ~Rmb15-16bn) ideally. The returns from these investment hover around 10%, mostly backed by collateral. Bankers are supportive. Bankers have expressed confidence with Yangzijiang. As far as we understand, this event should not trigger loan reviews etc. Stock price seems to have over-reacted. Management felt that the massive selldown on Yangzijiang&rsquo s shares on market rumours was unwarranted. While most investors are understandably concerned, some shareholders in HK/China,
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SAVIORFOREVER Supreme	21-Aug-2019 13:58        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	What if YZJ chairman finish drinking tea this week? Then you scared yourself for nothing. Trade with integrity JoleenChan      ( Date: 21-Aug-2019 13:44) Posted: --- Post Removed by User ---
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Orbiwan95 Senior	21-Aug-2019 13:52        Orbiwan95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When all else fails close eyes ignore and start repeating yourself? JoleenChan      ( Date: 21-Aug-2019 13:44) Posted: --- Post Removed by User ---
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BenjenStark Member	21-Aug-2019 13:48        BenjenStark About Contact  Quote this Post!
x 0   x 0  Alert Admin	You thinking straight or not? YZJ has about 50%+ float. 10% of that is about SGD 200m at current price but in reality market forces will push price way higher than now. Can buy a few ships you know? So this SGD 200m gone to buy treasury shares liao, they have to take another loan of SGD 200m for operating their business right? That interest expense who pay? You? Just because you are a short seller. runaway      ( Date: 21-Aug-2019 13:03) Posted: Pls dont dream. If the market wants it down, no amount of companys repurchase can stop it, let alone a meager 2 mil shares. Acccumulated repurchase is 8 mil, representing 0.02% (if it has done 10%, I would say it is a strong statement). YZJ has a whopping 3.95 Billion shares.
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hmmhmm Elite	21-Aug-2019 13:47        hmmhmm About Contact  Quote this Post!
x 0   x 1  Alert Admin	Hope it wont sink further...
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wjhr89 Member	21-Aug-2019 13:39        wjhr89 About Contact  Quote this Post!
x 0   x 0  Alert Admin	For reference: https://www.fool.sg/2019/08/21/will-yangzijiang-shipbuildings-share-price-continue-to-sink/
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dragonboy76 Master	21-Aug-2019 13:25        dragonboy76 About Contact  Quote this Post!
x 0   x 1  Alert Admin	see so many argument here and there. whatever you guys say here won' t affect the price. this platoform is only for sharing, bullshiting and swearing each other :) irrespective of which side you are on, there is $$ to be made when price is violatile. But you do have to note that as long as there is no update on the investigation outcome, there will always be a downward pressure on the price as the days go by. even though the company can buy back share everyday, you can' t be certain every thing is in order.  and chairman with much industry experience like him is definitely has some impact on the company. he is not just rubber stamp, with his experience, he offer valuable insight, strategy and ' guanxi' to bring company to greater heights.
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Orbiwan95 Senior	21-Aug-2019 13:23        Orbiwan95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Also why no mention that Invesco and Goldman bought shares? These have exchange filing on 20th Aug.
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Orbiwan95 Senior	21-Aug-2019 13:19        Orbiwan95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Morgan Stanley also ang mo house le. Say 1.70 TP. Den how? Plus 0.90 not far off. Good price floor then no? ysh2006      ( Date: 21-Aug-2019 13:17) Posted: " Ang Mo" house said YZJ only worth 90c only...next few years also won' t come back!!... SAVIORFOREVER      ( Date: 21-Aug-2019 13:12) Posted: B'cos they want to buy higher, can or not? Trade with prudenc
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ysh2006 Supreme	21-Aug-2019 13:17        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	" Ang Mo" house said YZJ only worth 90c only...next few years also won' t come back!!... SAVIORFOREVER      ( Date: 21-Aug-2019 13:12) Posted: B'cos they want to buy higher, can or not? Trade with prudence JoleenChan      ( Date: 21-Aug-2019 12:49) Posted: --- Post Removed by User ---
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Trader-101 Supreme	21-Aug-2019 13:16        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	OHH, so at the end the ones benefitting is the one that is trying to influence opinions on forum ah. Not pointing names alrights Orbiwan95      ( Date: 21-Aug-2019 13:12) Posted: Why? Cuse probably have the belief that forum opinion will have a meaningful impact on the share price lo. Given the evidence that information is not unbiased it cant be for the general benefit of everyone. Trader-101      ( Date: 21-Aug-2019 13:00) Posted: If i am not mistaken, you must have vested in YZJ definitely not long but short. Otherwise why would you spent so much time attacking this company
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SAVIORFOREVER Supreme	21-Aug-2019 13:12        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	B'cos they want to buy higher, can or not? Trade with prudence JoleenChan      ( Date: 21-Aug-2019 12:49) Posted: --- Post Removed by User ---
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Orbiwan95 Senior	21-Aug-2019 13:12        Orbiwan95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why? Cuse probably have the belief that forum opinion will have a meaningful impact on the share price lo. Given the evidence that information is not unbiased it cant be for the general benefit of everyone. Trader-101      ( Date: 21-Aug-2019 13:00) Posted: If i am not mistaken, you must have vested in YZJ definitely not long but short. Otherwise why would you spent so much time attacking this company  JoleenChan      ( Date: 21-Aug-2019 12:57) Posted: --- Post Removed by User ---
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runaway Senior	21-Aug-2019 13:03        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pls dont dream. If the market wants it down, no amount of companys repurchase can stop it, let alone a meager 2 mil shares. Acccumulated repurchase is 8 mil, representing 0.02% (if it has done 10%, I would say it is a strong statement). YZJ has a whopping 3.95 Billion shares.
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Trader-101 Supreme	21-Aug-2019 13:00        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	If i am not mistaken, you must have vested in YZJ definitely not long but short. Otherwise why would you spent so much time attacking this company  JoleenChan      ( Date: 21-Aug-2019 12:57) Posted: --- Post Removed by User ---
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Orbiwan95 Senior	21-Aug-2019 13:00        Orbiwan95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When >$1 ask y no buybacks Buyback at .95 ask y no buy at day lows. No meaning...... JoleenChan      ( Date: 21-Aug-2019 12:49) Posted: --- Post Removed by User ---
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