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MarkTwain Member	05-Sep-2017 10:50        MarkTwain About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chionging down liao Demostation      ( Date: 05-Sep-2017 10:32) Posted: Don' t anyhow get in yet.   It has dropped below 1.43 after trying to establish that level.   I am still thinking whether it is a nice buy or a good short now. gchan516      ( Date: 05-Sep-2017 09:52) Posted: this is another manipulated counter ... see if surpass 1.44 wall. shifted from 1.435 earlier
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Demostation Supreme	05-Sep-2017 10:32        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don' t anyhow get in yet.   It has dropped below 1.43 after trying to establish that level.   I am still thinking whether it is a nice buy or a good short now. gchan516      ( Date: 05-Sep-2017 09:52) Posted: this is another manipulated counter ... see if surpass 1.44 wall. shifted from 1.435 earlier  Fundamentals      ( Date: 05-Sep-2017 09:22) Posted: If you believe in fundamental analysis, TP is S$1.62. 13% upside If you believe in technicals like some of our friends and short YZJ, TP is S$1.34. 7% upside 2:1 long:short returns ratio. Rather be on the long side.  Based on current Px of S$1.4
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gchan516 Master	05-Sep-2017 09:52        gchan516 About Contact  Quote this Post!
x 0   x 0  Alert Admin	this is another manipulated counter ... see if surpass 1.44 wall. shifted from 1.435 earlier  Fundamentals      ( Date: 05-Sep-2017 09:22) Posted: If you believe in fundamental analysis, TP is S$1.62. 13% upside If you believe in technicals like some of our friends and short YZJ, TP is S$1.34. 7% upside 2:1 long:short returns ratio. Rather be on the long side.  Based on current Px of S$1.43 Fundamentals      ( Date: 04-Sep-2017 23:24) Posted: Based on fundamentals, YZJ at S$1.395 is a completely oversold stock. Theoretically, it should go back up to S$1.62. Reason  ​ 1) 14% below the theoretical post-placement price of S$1.62.  ​ Private placement raised S$209m (+3.4% in equity value) and diluted share count by +3.6%. Net-net only a 0.2% dilution from the pre-announcement trading price of S$1.625. ​ ​     1a) Pre-announcement market value was S$6.2bn. Now it is S$5.5bn. The current price implies that mgmt will destroy S$700mn of value from deploying the S$209m of cash. Highly not possible, shareholders and board of directors will not allow it. ​     1b) Formula = (Market cap before placement + equity raised)/(share count after placement) = (S$6,227m + S$209m)/(3,832 shares + 137 shares) = S$1.62 ​ 2)  8%  ​ ​ below the placement price of S$1.53.  ​ Even from S$1.53, institutional, top-tier investors (who subscribe to the placement) see significant upside. As such, S$1.395 can be seen as a massive bargain 3) Other than the placement,  no stock-specific -ve newsflow on YZJ.  ​ In fact August orderbook numbers which could be out this week, is a potential +ve catalyst. Monthly orderbook surprises have been strong share price driver the past few months. 4)  ​ Recovering sector, valuation cheap at 1.13x PB.  ​ At this peak in 09' , YZJ traded all the way up to ~3x PB, until the shipping industry took a sharp downturn. YZJ sits in the recovering containership, dry bulk shipping industry. YTD price of ship owners OOIL (+126%) and Pacific Basin (+39%). Combined basis, both segment make up 90% of YZJ' s sales.  ​ 5) Also, YZJ sold off on the back of North Korea missles. STI is down 1.4%. Only if the saga blows up, there could be further sell off.
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bigbang10 Veteran	05-Sep-2017 09:31        bigbang10 About Contact  Quote this Post!
x 0   x 0  Alert Admin	gd call bro! Fundamentals      ( Date: 05-Sep-2017 09:22) Posted: If you believe in fundamental analysis, TP is S$1.62. 13% upside If you believe in technicals like some of our friends and short YZJ, TP is S$1.34. 7% upside 2:1 long:short returns ratio. Rather be on the long side.  Based on current Px of S$1.43 Fundamentals      ( Date: 04-Sep-2017 23:24) Posted: Based on fundamentals, YZJ at S$1.395 is a completely oversold stock. Theoretically, it should go back up to S$1.62. Reason  ​ 1) 14% below the theoretical post-placement price of S$1.62.  ​ Private placement raised S$209m (+3.4% in equity value) and diluted share count by +3.6%. Net-net only a 0.2% dilution from the pre-announcement trading price of S$1.625. ​ ​     1a) Pre-announcement market value was S$6.2bn. Now it is S$5.5bn. The current price implies that mgmt will destroy S$700mn of value from deploying the S$209m of cash. Highly not possible, shareholders and board of directors will not allow it. ​     1b) Formula = (Market cap before placement + equity raised)/(share count after placement) = (S$6,227m + S$209m)/(3,832 shares + 137 shares) = S$1.62 ​ 2)  8%  ​ ​ below the placement price of S$1.53.  ​ Even from S$1.53, institutional, top-tier investors (who subscribe to the placement) see significant upside. As such, S$1.395 can be seen as a massive bargain 3) Other than the placement,  no stock-specific -ve newsflow on YZJ.  ​ In fact August orderbook numbers which could be out this week, is a potential +ve catalyst. Monthly orderbook surprises have been strong share price driver the past few months. 4)  ​ Recovering sector, valuation cheap at 1.13x PB.  ​ At this peak in 09' , YZJ traded all the way up to ~3x PB, until the shipping industry took a sharp downturn. YZJ sits in the recovering containership, dry bulk shipping industry. YTD price of ship owners OOIL (+126%) and Pacific Basin (+39%). Combined basis, both segment make up 90% of YZJ' s sales.  ​ 5) Also, YZJ sold off on the back of North Korea missles. STI is down 1.4%. Only if the saga blows up, there could be further sell off.
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SgYuan Supreme	05-Sep-2017 09:30        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well done. This look like the abc correction cycle of EW. w5 1.17-1.64, yesterday Px 1.395 is 51% retracement. TenPips      ( Date: 05-Sep-2017 09:07) Posted: Longed yesterday at 1.4 to try for a quick retracement.
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Fundamentals Member	05-Sep-2017 09:22        Fundamentals About Contact  Quote this Post! Style: Fundamental   Yells: "Fundamental long/short with institutional experience"
x 0   x 0  Alert Admin	If you believe in fundamental analysis, TP is S$1.62. 13% upside If you believe in technicals like some of our friends and short YZJ, TP is S$1.34. 7% upside 2:1 long:short returns ratio. Rather be on the long side.  Based on current Px of S$1.43 Fundamentals      ( Date: 04-Sep-2017 23:24) Posted: Based on fundamentals, YZJ at S$1.395 is a completely oversold stock. Theoretically, it should go back up to S$1.62. Reason  ​ 1) 14% below the theoretical post-placement price of S$1.62.  ​ Private placement raised S$209m (+3.4% in equity value) and diluted share count by +3.6%. Net-net only a 0.2% dilution from the pre-announcement trading price of S$1.625. ​ ​     1a) Pre-announcement market value was S$6.2bn. Now it is S$5.5bn. The current price implies that mgmt will destroy S$700mn of value from deploying the S$209m of cash. Highly not possible, shareholders and board of directors will not allow it. ​     1b) Formula = (Market cap before placement + equity raised)/(share count after placement) = (S$6,227m + S$209m)/(3,832 shares + 137 shares) = S$1.62 ​ 2)  8%  ​ ​ below the placement price of S$1.53.  ​ Even from S$1.53, institutional, top-tier investors (who subscribe to the placement) see significant upside. As such, S$1.395 can be seen as a massive bargain 3) Other than the placement,  no stock-specific -ve newsflow on YZJ.  ​ In fact August orderbook numbers which could be out this week, is a potential +ve catalyst. Monthly orderbook surprises have been strong share price driver the past few months. 4)  ​ Recovering sector, valuation cheap at 1.13x PB.  ​ At this peak in 09' , YZJ traded all the way up to ~3x PB, until the shipping industry took a sharp downturn. YZJ sits in the recovering containership, dry bulk shipping industry. YTD price of ship owners OOIL (+126%) and Pacific Basin (+39%). Combined basis, both segment make up 90% of YZJ' s sales.  ​ 5) Also, YZJ sold off on the back of North Korea missles. STI is down 1.4%. Only if the saga blows up, there could be further sell off.
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TenPips Veteran	05-Sep-2017 09:07        TenPips About Contact  Quote this Post!
x 0   x 0  Alert Admin	Longed yesterday at 1.4 to try for a quick retracement.
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famouspinky Supreme	05-Sep-2017 08:46        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Here we go again? famouspinky      ( Date: 04-Sep-2017 15:22) Posted: 1.24? lol famouspinky      ( Date: 04-Sep-2017 15:10) Posted: Yumm
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SgYuan Supreme	04-Sep-2017 23:32        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Day chart Rsi is 39 Week chart Rsi is 58 Still got room to move Fundamentals      ( Date: 04-Sep-2017 23:24) Posted: Based on fundamentals, YZJ at S$1.395 is a completely oversold stock. Theoretically, it should go back up to S$1.62. Reason  ​ 1) 14% below the theoretical post-placement price of S$1.62.  ​ Private placement raised S$209m (+3.4% in equity value) and diluted share count by +3.6%. Net-net only a 0.2% dilution from the pre-announcement trading price of S$1.625. ​ ​     1a) Pre-announcement market value was S$6.2bn. Now it is S$5.5bn. The current price implies that mgmt will destroy S$700mn of value from deploying the S$209m of cash. Highly not possible, shareholders and board of directors will not allow it. ​     1b) Formula = (Market cap before placement + equity raised)/(share count after placement) = (S$6,227m + S$209m)/(3,832 shares + 137 shares) = S$1.62 ​ 2)  8%  ​ ​ below the placement price of S$1.53.  ​ Even from S$1.53, institutional, top-tier investors (who subscribe to the placement) see significant upside. As such, S$1.395 can be seen as a massive bargain 3) Other than the placement,  no stock-specific -ve newsflow on YZJ.  ​ In fact August orderbook numbers which could be out this week, is a potential +ve catalyst. Monthly orderbook surprises have been strong share price driver the past few months. 4)  ​ Recovering sector, valuation cheap at 1.13x PB.  ​ At this peak in 09' , YZJ traded all the way up to ~3x PB, until the shipping industry took a sharp downturn. YZJ sits in the recovering containership, dry bulk shipping industry. YTD price of ship owners OOIL (+126%) and Pacific Basin (+39%). Combined basis, both segment make up 90% of YZJ' s sales.  ​ 5) Also, YZJ sold off on the back of North Korea missles. STI is down 1.4%. Only if the saga blows up, there could be further sell off.
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Fundamentals Member	04-Sep-2017 23:24        Fundamentals About Contact  Quote this Post! Style: Fundamental   Yells: "Fundamental long/short with institutional experience"
x 0   x 0  Alert Admin	Based on fundamentals, YZJ at S$1.395 is a completely oversold stock. Theoretically, it should go back up to S$1.62. Reason  ​ 1) 14% below the theoretical post-placement price of S$1.62.  ​ Private placement raised S$209m (+3.4% in equity value) and diluted share count by +3.6%. Net-net only a 0.2% dilution from the pre-announcement trading price of S$1.625. ​ ​     1a) Pre-announcement market value was S$6.2bn. Now it is S$5.5bn. The current price implies that mgmt will destroy S$700mn of value from deploying the S$209m of cash. Highly not possible, shareholders and board of directors will not allow it. ​     1b) Formula = (Market cap before placement + equity raised)/(share count after placement) = (S$6,227m + S$209m)/(3,832 shares + 137 shares) = S$1.62 ​ 2)  8%  ​ ​ below the placement price of S$1.53.  ​ Even from S$1.53, institutional, top-tier investors (who subscribe to the placement) see significant upside. As such, S$1.395 can be seen as a massive bargain 3) Other than the placement,  no stock-specific -ve newsflow on YZJ.  ​ In fact August orderbook numbers which could be out this week, is a potential +ve catalyst. Monthly orderbook surprises have been strong share price driver the past few months. 4)  ​ Recovering sector, valuation cheap at 1.13x PB.  ​ At this peak in 09' , YZJ traded all the way up to ~3x PB, until the shipping industry took a sharp downturn. YZJ sits in the recovering containership, dry bulk shipping industry. YTD price of ship owners OOIL (+126%) and Pacific Basin (+39%). Combined basis, both segment make up 90% of YZJ' s sales.  ​ 5) Also, YZJ sold off on the back of North Korea missles. STI is down 1.4%. Only if the saga blows up, there could be further sell off.
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MarkTwain Member	04-Sep-2017 23:20        MarkTwain About Contact  Quote this Post!
x 0   x 0  Alert Admin	whats the kind of volume u all trade here?   SgYuan      ( Date: 04-Sep-2017 23:15) Posted: 1.32 is week Bollinger mid support. It should rebound range from 1.32-1.34. Good luck MarkTwain      ( Date: 04-Sep-2017 23:08) Posted: I am looking at abt 1.3 to 1.35 range... are u all sharing the same thoughts?
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shadow Veteran	04-Sep-2017 23:18        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	sharing same view here ... SgYuan      ( Date: 04-Sep-2017 23:15) Posted: 1.32 is week Bollinger mid support. It should rebound range from 1.32-1.34. Good luck MarkTwain      ( Date: 04-Sep-2017 23:08) Posted: I am looking at abt 1.3 to 1.35 range... are u all sharing the same thoughts?
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MarkTwain Member	04-Sep-2017 23:16        MarkTwain About Contact  Quote this Post!
x 0   x 0  Alert Admin	PB less than one is usually a better indicator right?  shadow      ( Date: 04-Sep-2017 23:09) Posted: 1.32 is its current NAV ... so PB near to 1 is a good re-entry level ... SgYuan      ( Date: 04-Sep-2017 15:24) Posted: Trending towards132 soo
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SgYuan Supreme	04-Sep-2017 23:15        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.32 is week Bollinger mid support. It should rebound range from 1.32-1.34. Good luck MarkTwain      ( Date: 04-Sep-2017 23:08) Posted: I am looking at abt 1.3 to 1.35 range... are u all sharing the same thoughts?
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MarkTwain Member	04-Sep-2017 23:14        MarkTwain About Contact  Quote this Post!
x 0   x 0  Alert Admin	test MarkTwain      ( Date: 04-Sep-2017 23:11) Posted: Shadow, Lol how u make a box and reply to my message? Sorry am new
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shadow Veteran	04-Sep-2017 23:13        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	U use 'quote' MarkTwain      ( Date: 04-Sep-2017 23:11) Posted: Shadow, Lol how u make a box and reply to my message? Sorry am new
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MarkTwain Member	04-Sep-2017 23:11        MarkTwain About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shadow, Lol how u make a box and reply to my message? Sorry am new
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shadow Veteran	04-Sep-2017 23:09        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.32 is its current NAV ... so PB near to 1 is a good re-entry level ... SgYuan      ( Date: 04-Sep-2017 15:24) Posted: Trending towards132 soon SgYuan      ( Date: 04-Sep-2017 12:13) Posted: 146 support break
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MarkTwain Member	04-Sep-2017 23:08        MarkTwain About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am looking at abt 1.3 to 1.35 range... are u all sharing the same thoughts?
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shadow Veteran	04-Sep-2017 23:06        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	I sold previously to take profit but I will be buying back again if price drop further.. no fear short term correction is healthy for YZJ in my opinion. MarkTwain      ( Date: 04-Sep-2017 23:01) Posted: Anyone picking up this counter?
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