Latest Forum Topics /
YZJ Shipbldg SGD
Last:2.53
-0.1
|
 Post Reply
|
|
One of China's largest shipyard
|
|
|
huatah
Veteran |
16-Jan-2008 06:59
|
|
x 0
x 0 Alert Admin |
zhenxian, it is definitely good.. as de coy will buy bak it's shares. An indication tat de coy believe tat it's good catch.. move up wise.. hard to say.. look at NOL as an eg.. brought bak several time.. but market sentiments and marco situation pushes it down to $3 from $6plus. |
| Useful To Me Not Useful To Me | |
|
zhenxian
Senior |
16-Jan-2008 01:05
|
|
x 0
x 0 Alert Admin |
Is the below report good or bad? Should be good right? cause they buying back their share so the price will move up?? |
| Useful To Me Not Useful To Me | |
|
|
|
|
zhenxian
Senior |
16-Jan-2008 01:01
|
|
x 0
x 0 Alert Admin |
1110498_2.DOC YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD. (Company Registration No. 200517636Z) (Incorporated in the Republic of Singapore on 21 December 2005) PROPOSED SHARE BUY-BACK MANDATE The Board of Directors (the ?Board?) of Yangzijiang Shipbuilding (Holdings) Ltd. (the ?Company?) is pleased to announce that it intends to obtain a mandate from the shareholders of the Company (the ?Shareholders?) for the purchase or acquisition by the Company of its own shares, from time to time, of up to a maximum of 10% of the issued ordinary share capital of the Company as at the date on which the Shareholders resolution is to be passed (the ?Mandate?). The Company will, in due course, prepare and despatch a circular to Shareholders setting out relevant details on the Mandate. By order of the Board Ren Yuanlin (任元林) Executive Chairman 15 January 2008 Note: UBS AG, acting through its business group, UBS Investment Bank, acted as the Global Co-ordinator and Sole Bookrunner for the initial public offering of the shares of the Company. |
| Useful To Me Not Useful To Me | |
|
louis_leecs
Elite |
15-Jan-2008 22:11
Yells: "half cash" |
|
x 0
x 0 Alert Admin |
ah moh remieser tell me slideline,,,,,,,,,,foregn brking hse short heavy they know bad news will coming.....big boy win,,,,,,,citi,,morgan standy..merrryynnll all short heavy before their parent company result out......1.37 akang datang |
| Useful To Me Not Useful To Me | |
|
Henry$$$
Senior |
15-Jan-2008 21:12
|
|
x 0
x 0 Alert Admin |
Cut. http://www.freewebs.com/henryhts |
| Useful To Me Not Useful To Me | |
|
|
|
|
limhpp
Veteran |
15-Jan-2008 15:32
|
|
x 0
x 0 Alert Admin |
Is climding up.... |
| Useful To Me Not Useful To Me | |
|
Forglory
Member |
15-Jan-2008 15:11
|
|
x 0
x 0 Alert Admin |
down, down, down... |
| Useful To Me Not Useful To Me | |
|
ygc91285
Member |
15-Jan-2008 14:54
|
|
x 0
x 0 Alert Admin |
good stock or bad stock all kena whack - sell down..... like July 2007. |
| Useful To Me Not Useful To Me | |
|
|
|
|
elfinchilde
Elite |
15-Jan-2008 11:56
|
|
x 0
x 0 Alert Admin |
hm yea. but it's linked. and ok, a quirk of psychology perhaps (which again shows how markets are emotive and not rational by nature): when ppl think yzj, they think shipping. hence, if shipping goes down/up, yzj moves accordingly. it's like how SPC is actually more of an oil refinery (hence, if crude px goes up, it should by right go down, since margins are squeezed), but in ppl's minds, SPC = oil. that's why SPC tracks the price of crude, although rationally, it should not. of course, SPC is more complicated since it has many biz, but roughly, that's abt it. psychology. |
| Useful To Me Not Useful To Me | |
|
tthsteve
Member |
15-Jan-2008 11:52
|
|
x 1
x 0 Alert Admin |
i though yzj is not a shipping line like NOL. yzj is a shipbuilder. |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
15-Jan-2008 11:32
|
|
x 0
x 0 Alert Admin |
eh well, if you're a techie, then you're not bothered so much about the why it is falling, other than to acknowledge that it is falling, and so, play accordingly. but reasons why...elf interned with one of the BBs before...so by their psychology or market principles--as you like it--why fundamentally you'd call a sell: 1) yzj is a growth stock--believe i mentioned this some mths ago--growth stocks have high PE ratios, and rise fast, but crash just as fast. in a volatile and recession-prone market, the preference is for value and 'safe' stocks, not growth stocks. ie, Its growth phase may be over. 2) baltic dry index. yzj tracks it since it's in shipping. 3) asia has not decoupled from the US. that's a myth of fund managers--i have an internal report that directly says as much--so if US growth slows down, global growth slows down: for every 1% drop in US economy, china loses 3-4% of growth. THe US is the largest export market: that's why you need to track US consumer spending, of which 2/3 of US economy is based upon: consumers buy less, other countries export less. yzj is in shipping; they ship commodities. if exports drop, naturally, shipping goes down too, since less need for export. hence, fundamentally, that is why a fund would call a sell on yzj. don't quote me on the above. heh. |
| Useful To Me Not Useful To Me | |
|
Arbitrager
Senior |
15-Jan-2008 11:26
|
|
x 0
x 0 Alert Admin |
I doubt the $1.50 support could hold.. heading for a nosedive.. good price to enter will be $1.36... good counter for intra-day trading. but got to be cautious.. Currently, most ship builder counters like yzj, nol, cosco r down becos of the falling baltic dry index and sad to say its has yet to hit bottom.. so expected to see more downside for yzj.. fundamentally the company is still doing fine.. |
| Useful To Me Not Useful To Me | |
|
|
|
|
huatah
Veteran |
15-Jan-2008 11:22
|
|
x 0
x 0 Alert Admin |
ic.. if tat's de case.. elf did mentioned tat to DCA.. wait for 1.3. of course.. it depends on u.. cos if it support at 1.41 didn't broke.. 1.3 will not materialize.. vest at your own risk. Cheers |
| Useful To Me Not Useful To Me | |
|
zhenxian
Senior |
15-Jan-2008 11:18
|
|
x 0
x 0 Alert Admin |
wow, this counter really fell alot for the past few days. Does anyone know why it fell so much? Thanks for sharing~! 
|
| Useful To Me Not Useful To Me | |
|
DnApeh
Master |
15-Jan-2008 11:14
|
|
x 0
x 0 Alert Admin |
Thanks huatah and elfinchilde. I got some at higher prices. I am waiting to average down when the time/price is right. |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
15-Jan-2008 11:07
|
|
x 0
x 0 Alert Admin |
...elf will just be very direct: if you're thinking long term, don't buy yet! 1.41 support; doesn't seem like it'll hold though. not vested. caveat emptor. |
| Useful To Me Not Useful To Me | |
|
huatah
Veteran |
15-Jan-2008 11:01
|
|
x 0
x 0 Alert Admin |
DnApeh... buy for contra or investment? If investment.. sure can.. in my opinion.. but not an inducement for u to buy.. for contra.. dun gamble.. so far.. so many ppl had indicated still no sign of "light" down the road based on TA.. |
| Useful To Me Not Useful To Me | |
|
DnApeh
Master |
15-Jan-2008 10:52
|
|
x 0
x 0 Alert Admin |
1.49 can buy? |
| Useful To Me Not Useful To Me | |
|
huatah
Veteran |
15-Jan-2008 10:38
|
|
x 0
x 0 Alert Admin |
Bingo Arbitrager.. just 2cts more to hit 1.5.. so sad to know tat northward direction is not anytime soon.. Really gotto hold for at least 6mths liao.. heehee.. |
| Useful To Me Not Useful To Me | |
|
Arbitrager
Senior |
15-Jan-2008 09:59
|
|
x 0
x 0 Alert Admin |
YZJ yet to see reversal sign, TA suggest it approaching the 1.50 support soon. Resistance seen at 1.63.. Don't expect it to go northward any time soon.. |
| Useful To Me Not Useful To Me | |