Latest Forum Topics / YZJ Shipbldg SGD Last:2.44 -0.09 | Post Reply |
Cruising with the ship ..Yangzijiang
|
|||||
oldflyingfox
Master |
26-Sep-2013 14:02
|
||||
x 0
x 0 Alert Admin |
Copy and paste not looking good. Check it yourself at this URL =>
http://www.sharesinv.com/articles/2013/09/26/stocks-in-focus-sg-yangzijiang-shipbuilding-macquarie-international-infrastructure-fund-okh-global-%E2%80%93-260913/?utm_source=twitterfeed& utm_medium=facebook
|
||||
Useful To Me Not Useful To Me | |||||
oldflyingfox
Master |
26-Sep-2013 14:01
|
||||
x 0
x 0 Alert Admin |
Sources from Share Investment that posted today. Yangzijiang Shipbuilding Holdings announced that it has launched its first 10,000 TEU containership from its Jiangsu New Yangzi Shipbuilding Company, marking the first time a Chinese shipyard has built and launched such a containership. As the first Chinese yard to have secured orders for 10,000 TEU containerships, Yangzijiang has in total 11 of the 10,000 TEU vessels on its order book with options outstanding to get a further 14 more of such vessels. The orders were secured previously with Seaspan Corporation to build seven units worth US$0.7 billion with options for additional 18 units of the identical vessels. Seaspan exercised its options early this year to build additional four units, bringing the total contract value to US$0.36 billion. The vessels are scheduled for deliveries in 2014 and 2015. Significance: DBS Group Research maintained ?Buy? on Yangzijiang with a target price of $1.32, noting that its first batch of containership orders will likely yield better gross margins and could win a larger number of potential orders on the back of the sizeable US$2.87 billion worth of options that could be exercised in the coming quarters. MIIF Closes Sale Of Changshu Xinghua Port For $112.2m Macquarie International Infrastructure Fund (MIIF) announced it has reached a financial close on the sale of its 40 percent interest in Singapore Changshu Development Company, which in turn holds a 95 percent-stake in Changshu Xinghua Port Company to Pan-United Infrastructure. The sale price amounts to $112.2 million, representing a 5.3 percent premium over MIIF?s carrying value of $106 million as of March 2013. In line with its revised strategy, MIIF will be distributing the net proceeds from the sale to its shareholders as a return of capital in accordance with the capital reduction resolution. The return on capital comes up to $0.097 per share and MIIF will trade ex-entitlements on 9 October 2013. With the divestment, MIIF?s remaining operating asset is an 81 percent-stake in Hua Nan Expressway, currently carried in its books at $152 million, which the management hopes to divest and maximise proceeds for shareholders before winding up. Significance: Notably, DMG & Partners highlighted that there is limited upside to its stock price, unless its remaining asset can be divested substantially above book value as selling Hua Nan Expressway at book value would yield approximately $780 million and the realisable net asset value per share is limited against current trading price. OKH Global Proposes Placement To Raise $39.5m OKH Global entered into a placement agreement with UOB Kay Hian as its placement agent to issue up to 60 million new shares at a placement price of $0.68 per share. The placement price represents a discount of approximately 8.36 percent to the weighted average price of $0.742 for trades done on 24 September 2013. On full subscription, the placement shares will represent about 9.54 percent of its enlarged share capital. Its net tangible asset per share will rise to $0.1265 and earnings per share to dilute to $0.0018 per share following the placement. Significance: The placement will enable the company to raise $39.5 million, which it intends to allocate and utilise up to 80 percent to fund potential acquisitions, investments and business expansion plans with the balance for working capital requirements. | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
darkknight
Member |
26-Sep-2013 12:54
|
||||
x 0
x 0 Alert Admin |
Also, the increased orders only goes to some ship yards and not evenly distributed across the industry
|
||||
Useful To Me Not Useful To Me | |||||
darkknight
Member |
26-Sep-2013 12:52
|
||||
x 0
x 0 Alert Admin |
I believe both are correct. Most China ship yards will go burst even if orders had  increased  given that  most of these orders  were  contracted with low price point over the last 1-2 years. General  estimate is ship building profit will continue to reduce into 2014 (because of orders secured at break even price point), and then recover in 2015.
|
||||
Useful To Me Not Useful To Me | |||||
moneycow
Master |
26-Sep-2013 12:09
|
||||
x 0
x 0 Alert Admin |
Some recent report says - Order drying almost non existence and that many small shipyards/builders will go burst......... now this one says 2013 order book overall  more than 2012 ?       confusing .  we depends on info for decision but  conflicting reports.........makes us confuse.     Maybe there is always left and right. black and white at work...............just like buyers and sellers are opposite side - enemy during trade - friends after deal done.  Trade day end. :) Ying and yang...........fighting  when operation. Shake hands when the whistle is blown- stop fight :)
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
bookwormy
Member |
26-Sep-2013 11:59
|
||||
x 0
x 0 Alert Admin |
I've come to the conclusion that what Samsung posts all the time are either news, reports, his assumptions, and a good mix of all the 3 above. Not to say that his efforts are useless, I see them as a disturbance/noise and all I can do is to bypass his spam on this thread. | ||||
Useful To Me Not Useful To Me | |||||
samson
Veteran |
26-Sep-2013 11:35
|
||||
x 0
x 0 Alert Admin |
The sudden emergence of a new international shipbuilding market competitive market Source: International Ship Network 2013-09-26 08:59:44 According to foreign media reports, up to now, Chinese shipyards this year's new ship orders has exceeded the 2012 full-year new ship orders. According to statistics, during the first half of this year, Chinese shipyards new ship orders worldwide accounted for 39.5%, compared to 36.5% South Korean shipyard, China surpassed South Korea to become the world's first. Reuters and shipbrokers statistics show that half of China 60 state-owned and private shipyards divide up the total value of $ 10.5 billion total 21.2 million dwt of new ship orders , most orders received two policy banks financing support. Analysis of the industry, has won this year's new ship orders for Chinese shipyards in the next 5-10 years foothold in the market, the future of the new constitution Chinese shipbuilding market territory. These two major shipyards, including China Shipbuilding Group, COSCO Shipyard other state-owned shipyards and Yangzijiang shipping industry, sailing Group and other private shipyards. It is estimated that Chinese shipyards will have 1/3-1/2 shipyard closed down in the coming years. Clarkson ship consulting firm in Asia Martin Rowe said: " We would recommend to customers in China 80-90 shipyards." Seaspan co-founder Graham Porter said: " The current owners ordered to find a new national bank support vessels or cash plenty of state-owned or private shipyards, because it can reduce the risk. " Japan's shipbuilding industry in the 1970s also had the same experience, the final cut of 50% of the shipbuilding capacity. Norway Fearnley consulting analyst, said: " China's shipbuilding industry is undergoing a transformation pains, if China wants to succeed, foreign shipowners alone is not enough, you also need a healthy domestic shipbuilding market."   |
||||
Useful To Me Not Useful To Me | |||||
samson
Veteran |
26-Sep-2013 11:08
|
||||
x 0
x 0 Alert Admin |
Rickmers and Apollo Enter Joint Venture to Invest in Container Ships Posted on Sep 24th, 2013 Rickmers Group and funds affiliated with Apollo Global Management, LLC have entered into a joint venture to invest in container ships, initially focused on  secondary market vessels. The joint venture has the capacity to invest up to US$500 million, and investments are expected to be made over a period of several years. The joint venture may also be expanded over time to include new build tonnage and other ship-related investments if the parties identify attractive projects in those areas and mutually agree to pursue them. Rickmers will provide a range of  services for the jointly acquired fleet of ships including technical and commercial ship management. ?This joint venture is a further milestone along the path we have embarked on to develop a number of new options for investing in and growing our businesses. Rickmers is excited about the prospects that this collaboration with a firm with  the resources and capabilities that Apollo brings to this venture,? explains Ronald D Widdows, CEO of Rickmers Group. ?The successful issue of the Rickmers bond in June of this year has made this next step in Rickmers? growth and expansion possible,? adds Ignace Van Meenen, CFO of the Rickmers Group. ?Part of the proceeds from this issue were  envisaged to finance growth opportunities just such as this new venture with Apollo, which will yield returns that are accretive for the Group and contribute to generating new business for our Maritime Services business segment.? ?We are looking forward to working with Bertram Rickmers and his strong management team. The Rickmers Group is a recognized leader in the German shipping community, and it has the scale, operating strength and industry knowledge  to take advantage of growth opportunities at this challenging inflection point for the shipping industry. We are excited about this partnership, as we believe the combination of Rickmers? outstanding operating capabilities and  entrepreneurial spirit and Apollo?s shipping institutional knowledge and capital resources will allow us to drive a strong performance for our respective shareholders and investors,? Skardon Baker, Partner of Apollo European Principal Finance Fund, states. ?This investment builds on Apollo?s previous maritime investments in the debt capital markets and private equity and demonstrates Apollo EPF?s continued commitment to providing creative capital solutions to a variety of European industries and asset classes,? adds Fred Khedouri, Chief Investment Officer of Apollo?s EPF Fund.   |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
samson
Veteran |
26-Sep-2013 10:24
|
||||
x 0
x 0 Alert Admin |
Today Asia market all dropping. all bule chip drop , bank , kepcorp semcorp all drop Fund manger is switch to Yangzijiang . strong support at $1.10 for cosco support at $0.79   |
||||
Useful To Me Not Useful To Me | |||||
ruanlai
Master |
26-Sep-2013 10:07
|
||||
x 0
x 0 Alert Admin |
This BDI is actually good indicator for COSCO and NOL Cheers for peoples who vested COSCO and NOL.... That is why today both are up ! Except YZJ Huat lar.....
|
||||
Useful To Me Not Useful To Me | |||||
samson
Veteran |
26-Sep-2013 10:05
|
||||
x 0
x 0 Alert Admin |
The sudden emergence of a new international shipbuilding market competitive market Source: CBIW 2013-09-26 09:19:15 Recently there have been news clearly, the Tenth China International Marine Conference will be 6 to 8 November held in Ningbo. Annual conference will focus on " economic change shipping" topic on the current predicament pulse Asking for a total out solutions for the rational development of the industry to provide a forward-looking ideas and suggestions to promote the transformation of the shipping industry to adjust in the tide of change towards health , harmonious and sustainable development of the waterway. Flash that change in the international market situation, the moment should be how to develop the domestic shipbuilding industry to improve competitiveness in international markets? New shipbuilding market sprung Ship economic providers Intermodal latest report: the first half of this year, the new shipbuilding market is very active, and in the second-hand ship market has taken a number of potential buyers wait and see strategy. Intermodal ship sale and purchase broker Panos Makrinos said that many people believe that prices are still down space ship is expected to be lower than the current price of 10% to 15%, but he believes that despite the months before the ship prices have risen, but For now, until this year, boat price rose this trend will not repeat itself, especially in the bulk market. Previously, scrap market in the whole ship trading market occupies an important position. The first half of this year, sold to India for dismantling of ships has decreased over last year, the second half also did not reverse this trend. Although there have been previous forecast that this year will reach a record-breaking volume, but the reality is quite different with the prediction. As steel demand slowing, the Indian rupee falling, the market is not active in the first half of scrap vessels, which really disappointing. But despite the poor market performance scrap vessels, but this year the new shipbuilding market was particularly active. Shipyard difficult to survive in 2012, most significantly reduce newbuilding shipyards choose prices, ability to obtain financing in order to attract buyers. New ship to lower prices, coupled with new energy efficient design and other factors, making more and more owners tend to order custom-made new vessels. Insiders analyzed that starting next year, is expected to sell on the market will be less and less a ship dismantling, while the opposite shift deliveries of new vessels has improved. Competitive international market New shipbuilding market still holds many lessons warming trend continued in the first half, orders continued to grow. Face orders rebounded to strengthen competition, countries have begun to implement new measures to deal with the fierce competition in the market. In the national competition in China and South Korea's competition is more intense. Korea brewing price increases to increase revenue, while China government to force the introduction of new upgrade policy. The data from the first half of this year, the South Korean shipbuilding companies first new orders in July 216, a total of 20 million dwt, accounting for 35.5% of global market share Chinese were given a 27.8 million dwt of new orders, accounting global market share of 47% share of the global market share, the share of the global market share of the high side. However, from the amount of orders, our country slightly behind South Korea. In the first half, South Korea 94 shipbuilding enterprises received a total of $ 18.9 billion of new ship orders, and our 483 shipbuilding enterprises received only $ 10.5 billion of new ship orders. Faced with fierce competition, China and South Korea in their respective country to seek a guaranteed yield. Since the two countries are rivals, and the current boat price also appeared a glimmer of stabilizing trend. South Korea has been brewing for some shipbuilding enterprises to improve ship price to avoid price war with China, hoping to ensure profitability. China's shipbuilding industry is targeted government promulgated the " accelerate the implementation of structural adjustment programs to promote the transformation and upgrading," to ensure market share in the first premise, accelerate the promotion of corporate restructuring and upgrading, South Korea compete for the same market, to lay the foundation of high value-added ships. According to industry analysts, the South Korean shipbuilding enterprises to build high-end ship-based, and orders in hand full, thereby increasing boat price emboldened than enough, if we raise the ship, especially the price of high value-added ships, to a certain extent, reduce and Chinese boats enterprises in the field of low-priced boat price war losses. For Chinese shipping enterprises, it will be a part of the orders to China in order to meet their immediate needs, but the long-term development of the shipbuilding industry point of view, the introduction of an embodiment according to the state to accelerate the adjustment transformation and upgrading, to build a strong physique and South Korea's shipbuilding industry is in The maximum number of areas to compete weight. Promote the transformation and upgrading of the shipping industry Faced with the current competitive shipping market, especially in the face to the fierce competition with South Korea, the State Council recently issued for the shipbuilding industry introduced the " shipbuilding industry to accelerate the implementation of structural adjustment programs to promote the transformation and upgrading (2013-2015)." In the " Implementation Plan" put forward to solve the contradiction between the shipbuilding industry overcapacity, accelerate structural adjustment, promote the transformation and upgrading, maintaining sustained and healthy development of policies and measures. " Implementation Plan" introduced, for the moment of great significance. Due to the international financial crisis and the deep impact of the international shipping market downturn, a serious shortage of new shipbuilding orders, new vessels continue to lower transaction prices, overcapacity intensified conflicts, development of China's shipbuilding industry is facing unprecedented challenges. From the world shipbuilding industry development trend, difficult world economic recovery, the global shipbuilding overcapacity overcapacity contradictions and conflicts exist, the next few years, the market demand will continue to slump ship Meanwhile, the international shipping and shipbuilding new codes, conventions, new Standard intensive introduction demand structure to accelerate the ship to upgrade to high-end, shipbuilding countries to increase policy support and market development efforts, the world's shipbuilding industry has entered a new round of depth adjustment period, around the technology, products, market competition has become increasingly comprehensive intense. From the development of China's shipbuilding industry situation, China's shipbuilding industry ship exports a high proportion of large fluctuations in the international market, the international financial crisis, orders on hand continued to decline, the industry generally underemployment, enterprise production and management difficulties, continued downward pressure on industrial development increased accumulation of many years of extensive development of innovation is not strong, high-end products is weak, supporting the development lag, industry concentration is not high structural problems gradually prominent. " Implementation Plan" The introduction of the new government is co-ordinating steady growth, adjusting structure, promoting reform, and vigorously promote economic restructuring and upgrading another major move. And the " implementation plan" will focus on the current long-term, in order to accelerate the transformation of the main line of development of shipbuilding industry in order to improve the quality and efficiency as the center, to play the main role of the enterprise market, strengthen the innovation-driven, requiring industry to improve international competitiveness, shipbuilding industry from large to strong changes. Meanwhile, in the new round of competition, China's shipbuilding industry is still in an important period of development promising. As long as confidence, seize opportunities, take the initiative to adjust the depth of integration into the world's largest shipbuilding industry trends, comparative advantage, to further promote structural adjustment, efforts to improve product mix, improve technological structure, optimize the organizational structure, adjust the layout of the structure, to resolve conflicts overcapacity , speed up industrial restructuring and upgrading, our power will be able to become a shipbuilding, maritime strategy for the implementation of the power savings and to create conditions in the international market and improve market competitiveness.   |
||||
Useful To Me Not Useful To Me | |||||
Sam1903
Member |
26-Sep-2013 10:02
|
||||
x 0
x 0 Alert Admin |
Am fully agree with Hawkeye.
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
samson
Veteran |
26-Sep-2013 09:58
|
||||
x 0
x 0 Alert Admin |
To open the private bank in china this bills is on last year .may this what not approval by china gon. yangzijiang had alots of   money to open private bank. May be next   yangzijiang  will   buy over some shipyards or oil drilling company .   |
||||
Useful To Me Not Useful To Me | |||||
Hawkeye
Veteran |
26-Sep-2013 09:43
|
||||
x 0
x 0 Alert Admin |
Not Good - To mix up with Manufacturing and Banking. Money go to where next time - can not be observed - No Transparency. Banking and Manufacturing are totally different. That is why Singapore set rules that our Banking must concentrate on Core Business and their Property Arm has to be given up. Yangzijiang has their own AGENDA and may not be Minority Share Holder Interest.
|
||||
Useful To Me Not Useful To Me | |||||
samson
Veteran |
26-Sep-2013 09:24
|
||||
x 0
x 0 Alert Admin |
This  private banking sector , Yangzijiang is still waiting for Jiangsu Provincial Government to approval. 1.) china ppl will put the money in private bank, ( they put in china bank and big bank) 2.) If Provincial Government  approvaled.Yangzijiang to open the private bank it look very Good for Yangzijiang. for loan . bank to bank loan only 1% - 2% . if private company to take loan from loan is 3% - 10 % depended on the risk of the projects. 3.Yangzijiang also can laon to other shipyards. ( and buy over the shiptard or oil dnillg company. the future for Yangzijiang is Good.  
|
||||
Useful To Me Not Useful To Me | |||||
samson
Veteran |
26-Sep-2013 09:14
|
||||
x 0
x 0 Alert Admin |
Good Morning all Friend . had your " eat ready "   |
||||
Useful To Me Not Useful To Me | |||||
ascend88
Senior |
26-Sep-2013 09:08
|
||||
x 0
x 0 Alert Admin |
1.13 ... Today test and break 1.14 ? | ||||
Useful To Me Not Useful To Me | |||||
ascend88
Senior |
26-Sep-2013 09:05
|
||||
x 0
x 0 Alert Admin |
It's either up up up or just stay flat | ||||
Useful To Me Not Useful To Me | |||||
Oldbird
Senior |
26-Sep-2013 08:53
|
||||
x 0
x 0 Alert Admin |
Almost all short sellers for YZJ covered their backside yesterday. From Sgd 7+mil to 700k..
Where got meat to short..? |
||||
Useful To Me Not Useful To Me | |||||
kenkenken
Senior |
26-Sep-2013 07:22
|
||||
x 0
x 0 Alert Admin |
The new order of us$1.8bil x 2 order for yzj claim by u last week still have or not.
Most properly if no such order,i think u will just keep quiet dont dare reply n let this matter cool down so everyone can forget about it.
|
||||
Useful To Me Not Useful To Me |