YZJ Shipbldg SGD    Last:4.89    +0.17

The Only Shipbuilding Blue Chip in SGX!

Next week sure cross $5.00!😎

 

Yangzijiang Shipbuilding, City Developments and apletree Pan Asia Commercial Trust are three stocks deemed as " unappreciated" STI laggards with the best chance to narrow the discount to their respective P/E or P/B and catch up amid the ongoing rally, says the UOB Kay Hian research team led by Jonathan Koh.

 

CGS International Aug 6 note says that, based on  Clarksons data, YZJ  may be in discussions  with Seaspan for  six 11,800-TEU containerships for 2028 ~ 29 delivery. CGS estimates the potential contract value at about  US$700 ~ 800m.
 

 

The price is very firm. Despite some profit taking, YZJ still go up but at a slower steps. They are preparing to clear to hit beyond $5. Most probably will happen next week

emailpeter      ( Date: 28-Aug-2026 17:16) Posted: I think you're right !! This final quadrant seems to hold so well, being absorbed at every upper level. I've held back profit taking, let's test our luck next few weeks if it holds beyond $5 .... Happy investing and a great weekend to all. tccroy      ( Date: 26-Aug-2026 14:14) Posted: Approaching $5 within these 2 day

 

I think you're right !! This final quadrant seems to hold so well, being absorbed at every upper level.

I've held back profit taking, let's test our luck next few weeks if it holds beyond $5 .... Happy investing and a great weekend to all.

tccroy      ( Date: 26-Aug-2026 14:14) Posted: Approaching $5 within these 2 days tccroy      ( Date: 26-Aug-2026 09:05) Posted: Marching towards $5

 

Approaching $5 within these 2 days

tccroy      ( Date: 26-Aug-2026 09:05) Posted: Marching towards $5

 

Marching towards $5

 

Evalend reloads at Yangzijiang
with $220m LR1 quartet

https://splash247.com/evalend-reloads-at-yangzijiang-with-220m-lr1-quartet/

 

 

UK-based Union Maritime has doubled its large gas carrier newbuild programme with a pair of 88,000 cu m VLACs at China?s Yangzijiang Shipbuilding.

The Laurent Cadji-led owner has emerged as the company behind two gas carrier newbuilds at Jingjiang New Yangzi Shipbuilding, with deliveries scheduled for 2029 and 2030. Union Maritime?s fleet list identifies the ships as 55,000 dwt VLGCs under hull numbers 1787 and 1788.

Yangzijiang?s first-half results provide the other piece of the puzzle. The Singapore-listed shipbuilder said it secured just two gas carrier orders during the first six months of 2026, both for 88,000 cbm VLACs, taking its orderbook for the type to six ships. No price has been disclosed.

The deal doubles Union Maritime?s gas carrier orderbook after the company was linked earlier this summer to two 90,000 cu m VLGC/VLAC newbuilds at HD Hyundai Heavy Industries. Splash reported in July that the South Korean pair, due in 2029, were costing around $234m in total.

Union Maritime?s own website now lists 69 newbuildings alongside an operating fleet of 89 tankers, 15 bulkers and five offshore vessels. Shipping sources calculate that 61 of the 69 ships on order are being built in China.

Yangzijiang is already a significant yard partner for Union Maritime. New Yangzi delivered the 114,000 dwt SPA, a wind-assisted LNG dual-fuel tanker, to the UK owner in January.

https://splash247.com/union-maritime-steps-up-gas-carrier-push-with-yangzijiang-pair/

 

Consolidation ar 4.70? Adter hitting 4.88 few days ago and 4.82 this morning

 

Oh dear pkli, so nice to hear your familiar voice, also from Mr Bear.

I've been too overloaded w this ship. Sold off 40% at current prices, still want to sell more as it slow creeps towards $5, I'm not too hopeful......

Have started transfer profits to both YZJM and YZJF. I hope to accum to 1m shares in both over this week. This time I will not ave down more if it drops. Just keep for 5 yrs.

Happy investing guys !!!

pkli899      ( Date: 11-Aug-2026 16:49) Posted: Wow, my long lost friend. Nice to hear from you again. All the best.  emailpeter      ( Date: 11-Aug-2026 12:37) Posted: Wow pkli899, good to recognise your handwriting. Been away long and you're the only one left I recognise. Yes. We've been accum for 8 yrs now. I will have to sell down my 1.2m shares as the gut can't handle anymore rollercoaster.... But real lucky our DBS has been working so hard for us since geopolitics hammered YZJ. Cheers to all invested

 

DIRECTION: ONLY ONE WAY ............ UP........UP........UP.......

Winnertakeall      ( Date: 17-Aug-2026 10:00) Posted: YZJ Shipbuilding after 1H FY2026: 🟢     Fundamentals:   9/10 🟢     Orderbook:   9.5/10 🟢     Profitability:   9/10 🟢     Balance sheet:   8.5/10 🟡     Valuation after the rally:   7/10 🟢     Long-term outlook:   9/10

 

YZJ Shipbuilding after 1H FY2026:

🟢     Fundamentals:   9/10
🟢     Orderbook:   9.5/10
🟢     Profitability:   9/10
🟢     Balance sheet:   8.5/10
🟡     Valuation after the rally:   7/10
🟢     Long-term outlook:   9/10
 

 

Yangzijiang Shipbuilding inspires higher target prices on impressive margin growth

Analysts have upgraded their target prices for Yangzijiang Shipbuilding after the China-based but Singapore-listed shipbuilder reported record earnings for its most recent 1HFY2026, which featured margins that beat expectations.

Ren Letian, the company&rsquo s executive chairman and CEO, calls the 1HFY2026 results a &ldquo testament to our prudent cost management and sophisticated shipbuilding capabilities&rdquo .

He notes that order-win momentum remains healthy as Yangzijiang secured US$1.96 billion ($2.51 billion) in new orders for the first seven months of the year, with the company&rsquo s 2029 delivery slots nearly full. &ldquo We continue to progress with negotiations for the remainder of the year and open up 2030 delivery slots steadily,&rdquo says Ren.

The company&rsquo s orderbook as at June 30 stood at US$22.4 billion, providing revenue visibility to FY2029.

Reiterating her &ldquo buy&rdquo rating, DBS&rsquo s Ho Pei Hwa raised her valuation to $5.60 in her Aug 11 report from the previous $4.55. Similarly, CGS International&rsquo s Lim Siew Khee and Meghana Kande reinforced their &ldquo add&rdquo rating with a higher target of $5.75 compared to $5.10 previously in their Aug 7 report.

For 1HFY2026 ended June 30, YZJ Shipbuilding reported a 28.4% y-o-y rise in net profit to a record RMB5.37 ($1.02) billion, on 36.2% y-o-y higher revenue of RMB17.5 billion. Gross profit grew 42.8% y-o-y to a record RMB6.35 billion, while gross margin expanded 170 basis points to 36.2%.

1H performance a strong beat

Describing YZJ Shipbuilding&rsquo s performance as a &ldquo strong&rdquo beat in her Aug 7 note, DBS&rsquo s Ho notes that core net profit rose 23% y-o-y to RMB5.2 billion, beating expectations by 12% on &ldquo stronger than expected&rdquo revenue of RMB17.5 billion. Margin for shipbuilding rose by 190 basis points to 37.1%, mainly attributable to the progressive construction of vessels secured at higher contract prices, particularly 24,000 twenty-foot equivalent unit (TEU) ultra-large liquefied natural gas (LNG) dual-fuel containerships and 100,000 cubic-metre very large ethane carriers (VLECs).

Issuing a follow-up report on Aug 11, Ho elaborates on the investment case for YZJ Shipbuilding. Firstly, she believes the company is poised to ride the clean energy wave and notes that the firm has at least a 5% cost advantage relative to peers from China and Korea. This provides YZJ Shipbuilding with a &ldquo wide&rdquo economic moat.

The business has also successfully penetrated the LNG carrier market and is pivoting towards less carbon-intensive vessels such as dual-fuel container ships and gas carriers, which make up more than 80% of its orderbook. To Ho, the improving sustainability-related revenue could attract more investment interest from ESG funds.

Ho notes that the LNG carrier market could be a &ldquo significant&rdquo growth opportunity for YZJ Shipbuilding and alludes to less competition as the segment has high technical barriers to entry. She believes the market has yet to &ldquo fully&rdquo appreciate the potential for earnings growth from its record-high order backlog as well as yard expansion.

With the orders on hand, Ho expects the company&rsquo s earnings to grow at a CAGR of around 10% in the next two years. This will be supported by revenue growth and &ldquo steady&rdquo margins from &ldquo higher&rdquo value containership orders.

&lsquo Compelling&rsquo growth and yield story

Believing that YZJ Shipbuilding offers a &ldquo compelling&rdquo growth plus yield story over the next two years, Ho raises her valuation of the stock to $5.60, based on 2.6 times forecast FY2027 P/B and 10 times P/E, in line with peers&rsquo average. She says the target is justified due to the firm&rsquo s &ldquo consistently high&rdquo ROE of more than 25% and &ldquo lucrative&rdquo 6%&ndash 7% dividend yield. She expects earnings to peak in 2027 or beyond.

Sharing similar optimism with DBS&rsquo s Ho are CGSI&rsquo s Lim and Kande, who raise their FY2026&ndash FY2028 core net profit estimate for YZJ Shipbuilding by 3%&ndash 8%. They forecast FY2026/2027/2028 shipbuilding gross margin at 37%/35%/33%.

With more vessels scheduled for delivery in the second half of the year compared to the first, the CGSI analysts expect an even stronger performance in 2HFY2026. However, they foresee a slight tapering from late FY2027 onwards due to lower margins for the new Hongyuan yard during its ramp-up phase versus YZJ&rsquo s legacy yards and rising equipment prices, especially for engines which are up to 20% more expensive compared to 2024.

Lim and Kande also note the management&rsquo s belief that they can negotiate higher prices due to rising enquiries and an appreciating renminbi. They keep their order-win forecast at US$3.5 billion for the year, compared to the company&rsquo s US$4.5 billion target.

Reiterating their &ldquo add&rdquo call on the back of YZJ&rsquo s earnings visibility, Lim and Kande value the counter at $5.75, based on 11 times forecasted FY2027 P/E. Key rerating catalysts include stronger-than-expected order replenishment, while downside risks include stronger renminbi appreciation and higher equipment costs impacting margins.

 

Thanks a lot for this...really interesting and fun to read this
Reminds me of SATS...the price was pushed down to 3.25 range in the days leading up to results release and after explosive results the price is today at 4.60

happy2020      ( Date: 14-Aug-2026 00:23) Posted: This is the AI report after analysis on this share and short datas and previous price movements.  Very interesting.    Short sellers do not just look at a stock' s chart they look at retail order books{C} and the psychological cost basis{C} of the general public.{C} {C} 1. The SGD 4.70 Trap Has No " Panic Margin" {C} If institutional bears aggressively short Yangzijiang Shipbuilding (SGX: BS6) at SGD 4.70 to force it down to SGD 3.90, they face a massive structural wall. Because brokerages just slapped shiny new SGD 5.50 to SGD 5.75 target prices{C} on the stock, retail investors will view any drop toward SGD 4.00 as an absolute bargain. Instead of panic selling, the public will " buy the dip." Short sellers cannot easily cover their positions if buyers are aggressively scooping up shares underneath them.{C} {C} 2. Pushing Up to SGD 5.30&ndash 5.50 Creates the " Exit Liquidity" They Need{C} To successfully short a large-cap stock, institutions need a massive wave of buyers to absorb their sell orders without tanking the price instantly. They get this by letting the stock run up toward the target price.{C} The Hype Engine:{C} As the price climbs past SGD 5.00, financial media and retail forums will shout, " The analysts were right! It' s going to SGD 5.75!" {C}{C}{C}{C} The Psychological Shift:{C} Retail investors who felt SGD 4.70 was " too high" will suddenly feel FOMO at SGD 5.20, believing they are missing a breakout to SGD 6.00.{C}{C}{C} The Execution:{C} When the general public rushes in to buy at SGD 5.30&ndash 5.50, the short sellers will quietly hand over their shares, opening massive short positions at the absolute peak. How the Shortists Will Play It This Time{C} Because Yangzijiang' s actual earnings fundamentals are genuinely strong, short sellers cannot simply invent bad news. They must use time and exhaustion{C} to their advantage. Here is their highly likely playbook for the remaining half of 2026:{C} Step 1: Ride the Momentum (August - September 2026):{C} Short sellers will step aside or even buy long to help lift the price toward SGD 5.20 - SGD 5.40{C}. They want the breakout to look real.{C}{C}{C} Step 2: The Sideways Distribution (October - November 2026):{C} Once the stock hits the lower band of the analyst targets, the price will stall. Volume will look high, but the price won' t go higher. This is the shortists quietly building their massive short blocks while retail cheerfully buys.{C}{C}{C} Step 3: The Macro Gravity Bleed (December 2026 - January 2027):{C} During the winter holiday lulls and earnings blackout periods, buying interest will naturally fade. The short sellers will then push the price down.{C}{C}{C} The Target Floor:{C} They will target SGD 4.30 - SGD 4.40{C} for their covering zone. To the public, a drop from SGD 5.40 to SGD 4.30 will feel like a scary crash, forcing retail to panic-sell their shares right back to the shorts at a discount. For info only.

 

 

1. Institutional Realignment: A major institutional fund, sovereign wealth fund, or substantial shareholder is either exiting their position or scaling up their stake. [1]
2. No Immediate Public Price Impact: Because the trade skipped the main order book queue, it prevents immediate retail panic or artificial price inflation. [1]
3. Mandatory Disclosures Pending: Under SGX regulations, if this 5-million-share transaction causes any single entity to cross above or below a 5% ownership threshold, a mandatory substantial shareholder disclosure must be filed within a few business days, revealing exactly who bought and sold the shares

tccroy      ( Date: 14-Aug-2026 09:40) Posted: This morning had a pre opening married deal at $4.656 for 4,8 million shares

 

No more chiong sua beyond 4.70 already until next results release in February next year?
Unless got news release along the way on new orders or earlier delivery of existing orders..

 

This morning had a pre opening married deal at $4.656 for 4,8 million shares

 

YZJ Shipbuilding 1H2026 results
are clearly net positive and stronger than expected.

Key numbers:

• Revenue:  RMB17.5bn,  +36.2% YoY
• Gross profit:  RMB6.3bn,  +42.8%
• Net profit:  RMB5.37bn, +28.4% YoY, a record
• Shipbuilding gross margin:  37.1%, a new high
• New orders:  about  US$1.7bn  in 1H2026
• Core shipbuilding contributed about  94% of revenue.  

Very positive :

The most important point isn' t just the 28% profit growth.  Margins are getting stronger while the company is executing a very large orderbook.  That gives good earnings visibility into 2027& ndash 2029.

Also, recent market commentary notes that YZJ is trading around  8.9x trailing earnings, despite its strong margins and earnings growth. 
 

 

• The Hype Engine:{C} As the price climbs past SGD 5.00, financial media and retail forums will shout, " The analysts were right! It' s going to SGD 5.75!" {C}{C}{C}{C}
• The Psychological Shift:{C} Retail investors who felt SGD 4.70 was " too high" will suddenly feel FOMO at SGD 5.20, believing they are missing a breakout to SGD 6.00.{C}{C}{C}
• The Execution:{C} When the general public rushes in to buy at SGD 5.30&ndash 5.50, the short sellers will quietly hand over their shares, opening massive short positions at the absolute peak.