Latest Forum Topics / YZJ Shipbldg SGD Last:2.44 -- | Post Reply |
Cruising with the ship ..Yangzijiang
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sgxinvestor
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25-Apr-2010 13:01
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Highlight of the day: " "I should have bought YZJ when it was $1.43... Now it
Many BBs' plots are very much depending on SHAREJUNCTION's "Prominent Citizens", we computed
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CheongCK
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25-Apr-2010 12:36
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One fact for sure YZJ is set to rise high and will be in the uptrend. Investment is about making money and making money is buy low and sell high, if possible sell very high. Speculation/Gambling is about short term punting, short sell and gamble that majority of investor think price will fell. Contra buy up and gamble that majority of investor think price will rise. INVESTOR UNIVERSE familiar? Facts of YZJ, 1. Management is sound (as commented in CNA) 2. can withstand recession, ride well in recession 3. Financially sound 4. Future plan is Visionary (OffShore Marine sector) 5. Publicly owned in China (Free to make decision) 6. Have huge domestic market in the doorstep (China is set to build one of the largest shipping fleet in the world so as not to depend on foreign shipping for strategic purposes), China is also is stepping up oil and gas exploration. 7. When YZJ enter into Taiwan market - open up Evergeen 100 ship order book for bidding to YZJ. One thing confirm SembMarine objection and desperate attempt to stop the deal is YZJ acquisition of PPLH is that YZJ will be the up and coming Offshore Marine sector serious competitor. I invest in the company. Do come back to say next year, "I should have bought YZJ when it was $1.43... Now it was $5.00.." Sounds familiar to a lot of hesitating investor.
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Talkhead
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25-Apr-2010 09:14
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I don't think there will be significant gains on Monday as the trading halt was to confirm the BT board approval. Probably in the medium term rise will be owing to the dual listing and/ or other strong corporate announcements. Looking at a tight trading session early next week. | ||||||||||||||||||
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acetron
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25-Apr-2010 09:12
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me too lol
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tradersgx
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25-Apr-2010 02:52
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PPL is GOOD! BT need to sell it to dress up Nicely.... see attached link for BT's AR2009 http://www.bakertech.com.sg/pdf/BakerAR_2009.pdf
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operation_pesb
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25-Apr-2010 02:23
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BT trying to dress up their P/L ? By saying that do you mean that PPL is a loss making associate of BT? | ||||||||||||||||||
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tradersgx
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25-Apr-2010 01:52
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Think it again...... and be careful ... ( '.' ) ...... short/mid/long term........... Rationale: BT try to dress up thier P&L? ('.' ) VS Rationale: YZJ enter to the Robust Offshore Sector, and further strengthen YZJ's capabilities
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iwonder
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25-Apr-2010 00:05
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In a way, it is true... the one acquiring (YZJ) will have to fork out $$ and that's bad in the short term.
In US markets, all companies that are takeover target will rise and all those who acquires will fall.
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words007
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24-Apr-2010 23:54
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why so many are happy here? my broker told me that the news is good to Baker shareholders but bad to yzj's? true? | ||||||||||||||||||
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boliaoguy
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24-Apr-2010 22:50
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I will happy like mad if it's 1.55 at opening...
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acetron
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24-Apr-2010 22:27
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monday 1.55 | ||||||||||||||||||
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viromics
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24-Apr-2010 21:46
Yells: "Trade for survival not for riches" |
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I trust Risktaker, and will stand on his side. fundamentally, YZJ is strong.
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xavier26
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24-Apr-2010 17:11
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I agreed with pharoah88's gOOd VISIONing strEEt SMART This will be an expensive and painful lesson for shortist!!!!! Better cover it at above $1.6x. Old and Sly company like YZJ will kill Katehs and leave them dry. YZJ is look over due to break $2..... |
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amyear76
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24-Apr-2010 17:03
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Haha... Of course those who short on Fri would hope that the price will go south on Mon. Well, whether it goes up or down is anybody's guess lah.. But can we pause a while and think, WHY IS SOMEONE OBJECTING TO THE DEAL??? Is PPL worth more than this amount or what?? :))
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pharoah88
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24-Apr-2010 16:37
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Thank yOu fOr the REFRESHER gOOd stUff |
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boliaoguy
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24-Apr-2010 16:30
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Having read through CNA forum... I saw this piece of new (i do appologise is it's old news), From user pasamalam , copy+paste again: On April 12th 2010, China’s Jiangsu Yangzijiang Shipbuilding reached an agreement with compatriot Fujian Provincial Communication Transportation Group to build six 45,000-dwt bulk carriers. The ships are all designed by Chinese institutes for ocean going. As is introduced, the newbuilding cost of six ships totals CNY 1.1bn ($161m) The ships will be delivered in late 2011, early 2012 and early 2013 respectively. The laden draft of those ships is only 10.5m. So, it’s suitable for Chinese domestic operation, especially the supply for the national power plants located along inland lines. Yangzijiang targets 50 ship deliveries this year, regardless of market recession. As is reported earlier, the Singapore-listed builder are considering listing in Hongkong or Twaiwan as well. Wow... impressive... is YZJ really doing that well? Should stock some... |
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boliaoguy
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24-Apr-2010 15:44
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Ya... i remembered that day some traders mentioned they shorts many and couldnt cover back due to the halt at lunch time... Sell volume is twice the buy volume on Friday... i believe there might is high chance that ppl is buying in to cover their shorts~
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pharoah88
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24-Apr-2010 15:14
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gOOd VISIONing strEEt SMART
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pharoah88
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24-Apr-2010 15:10
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NEW VISION WiLL YANGZIJIANG OVERTAKE COSCO ? 2010 ? ? 2011 ? ? ? |
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pharoah88
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24-Apr-2010 15:07
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As part of the deal, Yangzijiang will place 83.55 million new shares to the Middle Eastern investor at $1.295 a share. The proceeds will be used for the acquisition. S$1.295 x 83.55 million = S$108.19725 Million WHO has this SPARE amount of money? SMART and powerful people from MIDDLE EAST. WHEN will people SPEND such money? WHEN something REALLY GOOD is DISCOVERED. WHAT is the THING DISCOVERED ? BAKER TECH's PPL Shipyard.
YANGZIJIANG DISCOVERED BAKER TECH MIDDLE EAST is the FINANCIER YANGZIJIANG wants to KEEP FULL BENEFITS from BAKER TECH MIDDLE EAST will derive INDIRECT BENEFITS from owning YANGZIJIANG shares MIDDLE EAST has the VISION that YANGZIJIANG's PROFIT will GROW and MULTIPY after owning BAKER TECH. BAKER TECH's PROFIT will GROW and MULTIPLY when BOTH YANGZIJIANG and MIDDLE EAST secure NEW ORDERS for BAKER TECH bOth KEP CORP and especially SEMBMARINE will encounter NEW COMPETITION at lower cost from YANGZIJIANG. Also, COSCO will have a NEW DIRECT HEAD-COMPETITOR for the Oil sector. # # # # # # # # SEMBMARINE will be at HIGHER RISK Once YANGZIJIANG gets into BAKER TECH's PPL, CHINESE will LEARN and REPRICATE everything VERY FAST [ALMOST INSTANTLY]. NEXT STEP will be to START UP a 100% owned subsidiary, YANGZIJIANG OIL ENGINEERING which is DOUBLE the size of PPL to compete directly with SEMBMARINE. * * * * * * * * *BEST BET* was tO bUy both YANGZIJIANG and BAKER TECH YESTERDAY If dO nOt hOld bOth the shares nOw, yOu have tO decide based On actual Market Price Action on Monday Morning. It Will DEPEND on WHAT is your VISION ? for BAKER TECH and YANGZIJIANG. VISIONing is nOt just fOr CHAIRMAN and CEO. VISIONing is VERY IMPORTANT fOr INVESTORS. BEST OF LUCK
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