Latest Forum Topics / YZJ Shipbldg SGD Last:2.52 -0.03 | Post Reply |
The Only Shipbuilding Blue Chip in SGX!
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emailpeter
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08-Oct-2024 16:51
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Iron Ore plunged 5% to $105 today on the anticlimax "high expectations" of Govt. I think it will continue its downtrend towards month end 3Q24 report. Coupled with good fulfillment results (if they disclose any), only then will we see some creep up in shares towards fundamental value for 2025.
Global sentiment is not the best for now, I feel lotsa patience needed till Mar FY2024 results show an expected jump in profits. |
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AhTan888
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08-Oct-2024 15:11
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Back to 2.49 again. One day up next day down. Looks like will stay at this level for awhile. | ||||
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Panda8
Veteran |
08-Oct-2024 05:13
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Indeed look at T + 4 is no meaning at all. Every day there is T+4. But then now only very very small retailer will use T + 4 cotnra. All sydnicate only use CFD, their commission paid is almost zero. That' s why you may see many left to right pocket transaction. Those contra 100K to 200k share and can' t pick up there is no impact to the price at all.    btw, for those who still living in contra T+4 century or those thinking still need to borrow shares to short, CFD has a unlimited time frame, as long as you pay the interest 
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BinderyT
Master |
07-Oct-2024 18:05
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It is insane.   And they should just use CFD if capital is an issue.
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rlong8288
Master |
07-Oct-2024 14:48
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everyday there is a T+4 cycle
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fuzzyshares
Veteran |
07-Oct-2024 14:09
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Frankly, to contra trade in a T+4 or 4-day cycle is insane. Should have the capacity to pick up the share, be it long term or short term trading.
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emailpeter
Veteran |
07-Oct-2024 10:18
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Funny you quote fundamentals i/o your usual contra updates. We missed you badly during that 1.65 to 2.70 sharp rise.
We could have contra traded 8 sessions x 4 days. Just keep rolling it. I was quietly confident you did !! Cheers |
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fuzzyshares
Veteran |
07-Oct-2024 10:07
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My take on YZJSH. YZJSH has always been a rising star but trading below $2 despite high appraisals. But in late May this year the market came to its senses. YZJSH was on full steam and its price shot up from $1.70s' to well above $2 in under 2 weeks, a rise of amost 0.70. And there is no looking back as its price has been maintaining between $2.30s' and $2.70s' since, and with an even higher target price. Even though YZJSH is one of the top retail stocks ultimately it is institutional buying or selling that decides its fate. With plenty of cash, good results and more than decent dividends, more seas to sail on. | ||||
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emailpeter
Veteran |
07-Oct-2024 09:42
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Wow @fuzzyshares, came back to the familiar sight of your handwriting. Welcome home !!
What do you think, any chance for us to make some gains till year end ?
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fuzzyshares
Veteran |
07-Oct-2024 09:24
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Buoy by favourable market conditions, a rise a day earlier than expected.
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kt3152
Supreme |
04-Oct-2024 11:15
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BB Block 250 to collect? Buyers at 249 keep coming.. Nice high wall..... | ||||
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Login20
Veteran |
04-Oct-2024 10:09
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Besides, China Golden Week is ending soon, China trading will be back, if in order.  DOYDD. |
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fuzzyshares
Veteran |
04-Oct-2024 09:56
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Today is T+4 or due date for contra shares bought on 30/9. YZJSH was sold down to 2.45 with a trade volume of 42m on 30/9. YZJSH recovered slightly on 1/10 with a trade volume of 35m. Everyone wants to make money so expect selling within these 2 days. | ||||
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Login20
Veteran |
04-Oct-2024 09:41
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Another possible figure to share with all like minded individuals. 9M24 Outstanding Order Book might be around US$25 Billions (Not including of any quiet contracts win), base on all the earlier new contracts win information tracked to media platform links attached to all earlier relevant messages by members 1H24 Outstanding Order Book at US$20.15 Billions in 1H24 Result Annoucement. Plus Maersk estimated US$2.2 Billions, Hapag LLoyd estimated $2.1 Billions (Not include Option),  Tsuneishi Group (Zhoushan) Shipbuilding estimated US$0.68 Millions, Few other contracted win found in Imarine links estimated US$1.217 Billions, Minus assumption Revenue 3Q24 at US$1.4 Billions. We have another quarter at 4Q24 to watch up for any more contract wins. Please Do Your Own Due Diligent (DOYDD) on the above projections and assumptions. Is better that you audit yourselves on the above links if you wish to verify further, while I do my part in sharing with all LIKE MINDED INDIVIDUALS. Be Cautious of sharks around us at all times while stay positive. Happy Investing. |
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Panda8
Veteran |
04-Oct-2024 08:28
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Hope Mr. Market hear you and up all the way. It' s time .......
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kepoh88
Veteran |
04-Oct-2024 01:05
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tomorrow may go up 5-8% Remember YZJ is China based stock, Steel price at lowest as money courties imposes anti dumping Additional USD5.25b order book will propel YZJ to record orders towards 2027.   |
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AhTan888
Member |
03-Oct-2024 21:52
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It's good news. But price still got whacked down at closing. Sell on news? Or is it when everyone thinks price will go up, the BBs purposely press it down?
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s100125
Elite |
03-Oct-2024 21:40
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Indeed good news  https://splash247.com/hapag-lloyd-contracts-two-chinese-yards-for-boxships-worth-up-to-5-25bn/
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Wisedom
Member |
03-Oct-2024 19:53
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Breaking News!v(2hr ago) Today Hapag-Lloyd ordered 10 17,000 TEU LNG dual-fuelled ships plus 5 options at $210m each from Yangzijiang Shipbuliding
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Wisedom
Member |
03-Oct-2024 17:11
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UOB Kay Hian issued 1 Oct 2024 report
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