Latest Forum Topics /
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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positivity88
Veteran |
15-Aug-2019 15:36
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Waiting for all the trading buy to come out tomorrow.. since cash is 95 cents as reported by DBS.. pricing it below cash on rumours is unlikely... dyodd | ||||
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wilsonzhao
Member |
15-Aug-2019 15:24
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  The bloody dirty idiot  dzv45  has caused so much panic selling with rumors. 
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HendriJB
Supreme |
15-Aug-2019 15:22
Yells: "Breathe, Step Back - Think " |
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Right 😊 👍
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brchkho1
Master |
15-Aug-2019 15:16
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Judging from the Trade Summary, it' s likely shorted positions mostly covered and counting the profit liao.
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zandlery
Supreme |
15-Aug-2019 15:14
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They issue buy call because they "in" too. Once they sell to you or others will be sell call.... 😂
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whysoserious
Supreme |
15-Aug-2019 15:07
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Down again dbs issue buy call still sinking lol | ||||
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runaway
Senior |
15-Aug-2019 14:55
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This is a battle field, the winner today is not known until the close of market. If you have bouhgt at $0.755, it is not certain that you battle is won unless you call it a day now and fight again tomorrow. Likewise, if you have shorted at  $0.88, your battle is not lost yet, another 2.5 hr can bring it below $0.755. Meanwhile, the  chng key SGX is happily collecting commission.   |
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BenjenStark
Member |
15-Aug-2019 14:33
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Reposting with fixed link for easy reading:   I' ve done some digging. This short seller did not cover his tracks well. List of rumour points contributing to FUD: 1. 任 元 林 missing since June 2019 and held by CCDI 2. Financial business of YZJ halt due to investigation since July and company silent about chairman 3. Talks in Ren' s hometown for months regarding this   3 June 2019 CCDI made an official post at 2019-06-03 17:00 regarding 刘 建 国 ' s investigation. https://webcache.googleusercontent.com/search?q=cache:z1KDBkEu2SsJ:www.ccdi.gov.cn/scdc/sggb/zjsc/201906/t20190603_194972.html+& cd=1& hl=en& ct=clnk& gl=au& client=firefox-b-d 2 August 2019 Writer Rob Rust from shipping website, TradeWinds, wrote an article about 刘 建 国 disciplinary probe by CCDI. Read carefully and you will notice nothing in the article suggested 任 元 林 was implicated or investigated. It only tries to draw a link between 任 元 林 ' s Jiangsu Yuanlin Charity Foundation and 刘 建 国 where " Ren asked him to be chairman of the charitable foundation bearing his name." Rob Rust' s article puts 任 元 林 ' s photo as main subject along with headline and sub headline keywords such as " CCP" " disciplinary probe" " anti-corruption" , creating the illusion 任 元 林 is in trouble. https://imgur.com/a/m6le3Ux 5 Aug 2019 At 2019-08-05 12:10, user dzv45 posted on chinese website listing 3 articles dated 3 June about retired chinese official 刘 建 国 ' s investigation by CCDI. None of the articles mentioned anything about YZJ or it' s chairman.  The user made rumours listed 1 and 2 above in his post. https://webcache.googleusercontent.com/search?q=cache:zHAzZQ1inOUJ:https://www.6parkbbs.com/index.php%3Fapp%3Dindex%26act%3Dview%26cid%3D856678+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d ![]() 5 Aug 2019 50 minutes later, the same user dzv45 posted on another chinese forum with the same content. This post was still available early this morning 15 August 2019 1-3am as I was researching halfway through the night but has now since been deleted. https://webcache.googleusercontent.com/search?q=cache:GlWgIf6QkH0J:https://www.mitbbs.com/article_t/Stock/37688033.html+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d ![]() The user' s account can be seen here. Last login was on 8 August 2019 with IPv6 address 2607:5300:203:4 which leads to a US VPN ip range. https://web.archive.org/web/20190815034317/https://www.mitbbs.com/user_info/dzv45/bac0b92751fdf6d4f1fb4af65f0eb679 8 Aug 2019 At 2019-08-08 01:37, a guest user made a post on InvestingNote. The post was edited at 2019-08-08 09:23 with much of it' s original contents removed. https://webcache.googleusercontent.com/search?q=cache:Dz3UmoLM8C8J:https://www.investingnote.com/posts/1569053+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d The removed contents were however picked up by InvestingNote admins and reposted on it' s blog. The original content added another rumour listed in point 3 above. https://webcache.googleusercontent.com/search?q=cache:MhSVXgtNVMgJ:blog.investingnote.com/breaking-news-yangzijiang-yzj-gets-trading-halt-shares-tank-20/+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d Important thing to note, the guest user on InvestingNote 5dzv4 bears great similarity to the username dzv45 on chinese forums. And if you look at the account activities, they are new accounts created with the sole purpose of astroturfing YZJ. https://webcache.googleusercontent.com/search?q=cache:g1fjyJMmJL8J:https://www.investingnote.com/users/5dzv4+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d#/?display=profile& user=5dzv4& tab=latest ![]() To add fire, InvestingNote admin reference off Short Seller thebearprowl' s 9 March 2019 bearish post on it' s blog post. Of course thebearprowl now has bragging rights and goes around showing off: https://webcache.googleusercontent.com/search?q=cache:D3oAfaSei04J:https://thebearprowl.wixsite.com/website/single-post/2019/03/09/Shipbuilder-with-massive-exposure-to-China-lending-and-FX-Risk+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d With YZJ' s 14 Aug 2019 SGX response that 任 元 林 is currently " on leave to assist in investigation" , the user dzv45 could have already knew 任 元 林 will likely not be able to appear in public after certain date. He times his move (look back at the account creation and post dates) and draws strength from popular shipping website TradeWinds to create the perfect storm for his professional short sell venture. To avoid legal and criminal prosecution, he continues to remain annonymous, for now :) He is/was also likely among us here and have booked his plane ticket to bahamas for holiday with the money he made. Margaritas included. I' ve cached all related website contents to waybackmachine as a backup in case others want to further the research. Feel free to post on InvestingNote if you have an account there.   |
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bwavep
Senior |
15-Aug-2019 14:29
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they are not the only ones...eg cimb as well. braveheart sellsiders as the market forces defines the current trading range.  the break of 80c was sheet overdone panic guess 800pt Dow drop exacerbated it. co mgt and board already did their best to sooth investor nerves in their anncement release. good luck to all sailing this Chinese ship!    ![]()
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ahhuat08
Elite |
15-Aug-2019 14:20
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True, i also saw ur posting before i realised that.
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ss2017.
Supreme |
15-Aug-2019 14:18
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Over a week as about 30-40m on short positions, plus today short positions wow a lot. They have to cover back quite soon especially when dow jones recovers and mgt shares buy back call.
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trademaster
Supreme |
15-Aug-2019 14:16
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Not many are aware of the DBS latest buy call, just saw it during lunch time.
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ahhuat08
Elite |
15-Aug-2019 14:14
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strange despite dbs' s buy call, the counter stil languishing around 88/89 levels, dbs' s call usally well respected by the industry. maybe its perhaps the meldown in wall street last nite?   |
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wilsonzhao
Member |
15-Aug-2019 14:05
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Thanks for sharing. Will accumulate more later!
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ss2017.
Supreme |
15-Aug-2019 13:50
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Thank you sg yuan. I agree with your min charts. The bounce back from 75.5, it may not just reach 93.5, it may go even higher say 98 | ||||
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trademaster
Supreme |
15-Aug-2019 13:40
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Tricks of short seller to anyhow gives sell call at ridiculous 50 ct for yzj to spread fear and then cover higher at 80 ct, really make a pile out of it from panic investors. DBS research maintain target price $1.82. https://research.sginvestors.io/2019/08/yangzijiang-shipbuilding-dbs-group-research-2019-08-15.html  
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TA_Expert
Supreme |
15-Aug-2019 13:38
Yells: "The World has changed" |
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Many of such sellers who sold at opening bell may not buy at lower prices given the uncertainty surrounding it. However, I believe that these sellers will come in once the dust has settled. Today trading is dominated by intra-day contra players, getting in and out within seconds / minutes. Some of them even have 2 - 4 computer screens monitoring it.
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SgYuan
Supreme |
15-Aug-2019 13:28
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Exciting match in 1min chart Ew w0 755 w1 830 w2 800 w3 930 w4 860 w5? w1 75 w2 46 tgt 784 but px uturn at 800 - ichi conversion line cut up base line - strong buy signal for w3, it cut thr the cloud w3 121 tgt 921 px hit 930 delta 130 - px hit 920 sell w4  50 tgt 880 px hit 860 now delta 70 dn 54% - over corrected to below cloud - cloud become resistance at 875 - hope it break the resistence and punch thr the thin cloud and w5 come - ichi future resistance 875 - if px break 860 better run w5 75 tgt 935 up 100% of w1 - this is only 1pip higher then w3 - hope to see a powerful w5 1min chart
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BenjenStark
Member |
15-Aug-2019 13:06
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copy and paste the hyperlinks. This forum' s link is bugged. | ||||
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BenjenStark
Member |
15-Aug-2019 13:04
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I' ve done some digging. This short seller did not cover his tracks well. List of rumour points contributing to FUD: 1. 任 元 林 missing since June 2019 and held by CCDI 2. Financial business of YZJ halt due to investigation since July and company silent about chairman 3. Talks in Ren' s hometown for months regarding this   3 June 2019 CCDI made an official post at 2019-06-03 17:00 regarding 刘 建 国 ' s investigation. https://webcache.googleusercontent.com/search?q=cache:z1KDBkEu2SsJ:www.ccdi.gov.cn/scdc/sggb/zjsc/201906/t20190603_194972.html+& cd=1& hl=en& ct=clnk& gl=au& client=firefox-b-d 2 August 2019 Writer Rob Rust from shipping website, TradeWinds, wrote an article about 刘 建 国 disciplinary probe by CCDI. Read carefully and you will notice nothing in the article suggested 任 元 林 was implicated or investigated. It only tries to draw a link between 任 元 林 ' s Jiangsu Yuanlin Charity Foundation and 刘 建 国 where " Ren asked him to be chairman of the charitable foundation bearing his name." Rob Rust' s article puts 任 元 林 ' s photo as main subject along with headline and sub headline keywords such as " CCP" " disciplinary probe" " anti-corruption" , creating the illusion 任 元 林 is in trouble. https://imgur.com/a/m6le3Ux 5 Aug 2019 At 2019-08-05 12:10, user dzv45 posted on chinese website listing 3 articles dated 3 June about retired chinese official 刘 建 国 ' s investigation by CCDI. None of the articles mentioned anything about YZJ or it' s chairman.  The user made rumours listed 1 and 2 above in his post. https://webcache.googleusercontent.com/search?q=cache:zHAzZQ1inOUJ:https://www.6parkbbs.com/index.php%3Fapp%3Dindex%26act%3Dview%26cid%3D856678+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d ![]() 5 Aug 2019 50 minutes later, the same user dzv45 posted on another chinese forum with the same content. This post was still available early this morning 15 August 2019 1-3am as I was researching halfway through the night but has now since been deleted. https://webcache.googleusercontent.com/search?q=cache:GlWgIf6QkH0J:https://www.mitbbs.com/article_t/Stock/37688033.html+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d ![]() The user' s account can be seen here. Last login was on 8 August 2019 with IPv6 address 2607:5300:203:4 which leads to a US VPN ip range. https://web.archive.org/web/20190815034317/https://www.mitbbs.com/user_info/dzv45/bac0b92751fdf6d4f1fb4af65f0eb679 8 Aug 2019 At 2019-08-08 01:37, a guest user made a post on InvestingNote. The post was edited at 2019-08-08 09:23 with much of it' s original contents removed. https://webcache.googleusercontent.com/search?q=cache:Dz3UmoLM8C8J:https://www.investingnote.com/posts/1569053+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d The removed contents were however picked up by InvestingNote admins and reposted on it' s blog. The original content added another rumour listed in point 3 above. https://webcache.googleusercontent.com/search?q=cache:MhSVXgtNVMgJ:blog.investingnote.com/breaking-news-yangzijiang-yzj-gets-trading-halt-shares-tank-20/+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d Important thing to note, the guest user on InvestingNote 5dzv4 bears great similarity to the username dzv45 on chinese forums. And if you look at the account activities, they are new accounts created with the sole purpose of astroturfing YZJ. https://webcache.googleusercontent.com/search?q=cache:g1fjyJMmJL8J:https://www.investingnote.com/users/5dzv4+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d#/?display=profile& user=5dzv4& tab=latest ![]() To add fire, InvestingNote admin reference off Short Seller thebearprowl' s 9 March 2019 bearish post on it' s blog post. Of course thebearprowl now has bragging rights and goes around showing off: https://webcache.googleusercontent.com/search?q=cache:D3oAfaSei04J:https://thebearprowl.wixsite.com/website/single-post/2019/03/09/Shipbuilder-with-massive-exposure-to-China-lending-and-FX-Risk+& cd=1& hl=en& ct=clnk& gl=sg& client=firefox-b-d With YZJ' s 14 Aug 2019 SGX response that 任 元 林 is currently " on leave to assist in investigation" , the user dzv45 could have already knew 任 元 林 will likely not be able to appear in public after certain date. He times his move (look back at the account creation and post dates) and draws strength from popular shipping website TradeWinds to create the perfect storm for his professional short sell venture. To avoid legal and criminal prosecution, he continues to remain annonymous, for now :) He is/was also likely among us here and have booked his plane ticket to bahamas for holiday with the money he made. Margaritas included. I' ve cached all related website contents to waybackmachine as a backup in case others want to further the research. Feel free to repost on InvestingNote if you have an account there.   |
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