Latest Forum Topics /
YZJ Shipbldg SGD
Last:3.54
+0.08
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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justinlin1952
Veteran |
16-Oct-2015 12:42
Yells: "Raffles Institution Boys to Men" |
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$1.28 :   " .....Hey buddy (YZJ) , what took u so long ? ....."
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justinjustin
Member |
14-Oct-2015 12:44
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Congrats to yall
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justinlin1952
Veteran |
14-Oct-2015 12:43
Yells: "Raffles Institution Boys to Men" |
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The recent big meltdown , when YZJ hit around 1.08, those who added more have done well for yourselves.  We The SSS Group don' t just short for the sake of shorting, we long too. We long good potentials. 
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Octavia
Supreme |
14-Oct-2015 11:31
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Newbuild orders have slowed substantially in China, with shipbuilding orders won from Jan to Aug 2015 amounted to only 15.05m dwt, a sharp 68.3% plunge compared to the previous corresponding period. This can be explained by China&rsquo s large exposure to the declining bulker sector, with YTD orders of 0.5m vs. 9.2m CGT in 2014. Of Yangzijiang&rsquo s US$4.1b of outstanding order backlog, around 61% is for the construction of bulk carriers. Daiwa sees this segment facing the largest risk of order cancellations given a subdued dry-bulk outlook as a result of falling global commodities demand. According to China Customs Statistics, China&rsquo s coal imports by volume were down 31% YoY, with iron-ore imports largely flat. The Baltic Dry Bulk Index is down 33% from the high of 1,222 achieved in early Aug, with demand faltering amid a burdensome glut of new vessels. Yangzijiang intends to re-focus its efforts on garnering more containership orders in the quarters ahead, in particular mega-size vessels, in which the Japanese and Korean yards have historically been dominant. However, such efforts might prove to be futile, as the containership sector is also facing its own overcapacity crisis. In the event that Yangzijiang does manage to secure new orders as a result of its aggressive pricing strategy, its operating margins would be negatively impacted. Daiwa expects the current shipbuilding downturn to result in significantly lower operating margins for Yangzijiang&rsquo s core shipbuilding segment. House reiterates its Underperform rating with TP of $1.18. |
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justinlin1952
Veteran |
09-Oct-2015 15:25
Yells: "Raffles Institution Boys to Men" |
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Not cashing out . Holding on . Predicting more goodnes from YZJ . |
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earlybird14
Supreme |
08-Oct-2015 20:57
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Just 1 sentences. Too much vessels are at sea. Shipping boom are past, for next 10 years, shipbuilding for replacement and maintenance only, market don't require new extra capacity anymore.
There are plenty shipyards in china, japan korea, vietnam singapore and etc. fighting for a non growth business, consolidating happen in all countries shipyards. Sorry to say that those expect yangzijiang can continue to deliver like past 5 years are living in a dream.
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justinlin1952
Veteran |
08-Oct-2015 20:56
Yells: "Raffles Institution Boys to Men" |
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Don' t just say. Do it !   Only if you dare.    Tomorrow seeing 1.28 to 1.30
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dippyboy
Member |
08-Oct-2015 20:44
Yells: "Plsdoyourownhomework.Personalopinion,Disclaimerapplies." |
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Basically, ~20-30c? of shipyard assets in a severe overcapacity market means no real business returns . While a beautify fairytale story on the rise of china allows it to raise like 70c cash from taiwan adr and sg only to throw all in to speculate in non core risky and dubious wealth management product. In classic poor business sense,a ridiculous non commensurate returns to risk speculation only managed it to earn a tiny spread barely enough to cover the impairments yet being on the hook for all the losses .When the house of cardz build on credit and property bubble   economy eventually collapse in china, most loans will be evaporated and the losses blames on a once in a million year crisis - is disingenuous. The genius is the banks glip tongue saleman bankers which earn the other half commisions for the bank and a huge chunk of commision for themselves, all the while managed to pull off   such a guiness feat of passing on all the risk to such suckers and getting the govt bailout on their backs when in need. There is no excuse for such foolishness. If i am in control , there would already be a largest shipyard in china with the lowest cost and highest efficiency ratio while gearing up capabilities in high tech niche r& d for the impending boost to shipbuilding defence contracts. The future shipping lockheed martin of china. |
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earlybird14
Supreme |
08-Oct-2015 20:18
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Wah, yummy yummy. Fat meat fat meat.
Time to short. |
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justinlin1952
Veteran |
08-Oct-2015 16:29
Yells: "Raffles Institution Boys to Men" |
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We bought YZJ at below $1. Get more than 5c dividend cash.  Now above 1.20. Next TP : 1.28  |
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justinlin1952
Veteran |
08-Oct-2015 12:21
Yells: "Raffles Institution Boys to Men" |
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Oh my beloved YZJ, always good, never fail me.  |
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Yangsogood
Senior |
08-Oct-2015 11:36
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wangerism
Master |
07-Oct-2015 12:34
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char kuay teow... |
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justinlin1952
Veteran |
07-Oct-2015 12:25
Yells: "Raffles Institution Boys to Men" |
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Told u so. Good stock.  |
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FATABA
Supreme |
07-Oct-2015 10:53
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YZJ is still the Kep corp of China.....since entering STI component it has gone back up . Yes shipping may be weak , but it is still profitable with order on hand. JPM....is only left with less then 3 mths to reach its $1 target.    Or has they move to other counters.
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niteowl68
Elite |
02-Oct-2015 10:00
Yells: "God Bleess You" |
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TP on balance as failed to break 1.15 during past two days.. watch from sidelines for correction. Good Luck to those longists. 
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famouspinky
Supreme |
01-Oct-2015 11:23
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U r so lucky to get some chips frm bb bah
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famouspinky
Supreme |
01-Oct-2015 11:03
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Bb unloading
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earlybird14
Supreme |
01-Oct-2015 11:01
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price went to 1.11 from 1.14, support and go up, meet at 4hr resistance again.  Is this industry bullish? Is YZJ business bullish? 
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FATABA
Supreme |
01-Oct-2015 10:52
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Since JPM talk down this counter ( to $1 which never happen ...I don think this year at all ) ...it has recover and overcome recent bear push. It seem that all these few BB are selling small lot to accumulate....currently see it can break 1.145 then it can push up more. Good luck
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