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YZJ Shipbldg SGD    Last:2.25    +0.05

Yangzijiang Should rebound

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Isolator
    21-Jun-2011 16:51  
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Keep it up....
 
 
krisluke
    21-Jun-2011 10:18  
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SINGAPORE, June 21 (Reuters) - IIFL has initiated coverage of Singapore-listed Chinese shipbuilder Yangzijiang with an Add rating and a target price of S$1.63. For IIFL, Add means the stock is expected to give a positive return of above 10 percent within 12 months. STATEMENT: With a large cash position to cushion a possible downturn and a net outstanding order book of $6 billion, IIFL said it expects Yangzijiang's core earnings to grow at an annual average rate of 9 percent over 2011-2013.

" Yangzijiang is one of the most efficient shipbuilders in China. The company is among the pioneers to break the dominance of Korean yards in large containership building," said IIFL in a report. It also noted that although the bulk carrier market is facing weaker new orders due to over-supply in the medium term, the container ship market is recovering. Yangzijiang's recent container ship orders from Seaspan provides visibility to its order book till 2015, IIFL said.

At 0204 GMT, shares of Yangzijiang were 2 percent higher at S$1.43, but have fallen by about 26 percent since the start of the year.
 
 
Salute
    20-Jun-2011 23:46  
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don't be so choon, and it's incorporated here, Still can sue for the metal of the big ship when it collapse.

anyway, keep our fingers cross.

Joe2020      ( Date: 20-Jun-2011 16:36) Posted:

my crystall ball is very choon....

Joe2020      ( Date: 17-Jun-2011 15:40) Posted:

My crystall ball tell me, it going to sink to 1.39 and strong support at 1.37....


 

 
Isolator
    20-Jun-2011 23:42  
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Oh... Seems like Dow is green..... and will be very green.... hmmm
 
 
Joe2020
    20-Jun-2011 16:59  
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Dow Futures is -72 now. heheh tomorrow 1.39 and 1.37 and rebound...spring board at 1.37 very strong made in UK. The board was tested using Andy the Giant.
 
 
Joe2020
    20-Jun-2011 16:36  
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my crystall ball is very choon....

Joe2020      ( Date: 17-Jun-2011 15:40) Posted:

My crystall ball tell me, it going to sink to 1.39 and strong support at 1.37.....

Salute      ( Date: 17-Jun-2011 15:35) Posted:

what  happen to this counter, is it just joy of shorting?


 

 
Isolator
    20-Jun-2011 14:12  
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1.40 break will be sad.....
 
 
Isolator
    20-Jun-2011 09:37  
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Rebound successfully will only be profits.....
 
 
Hulumas
    18-Jun-2011 12:27  
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I 'll long but never cut loss, only hold for > 100% profit!

Isolator      ( Date: 17-Jun-2011 17:31) Posted:



I am long here with  ready cut loss....

 
 
tiancai007
    17-Jun-2011 17:42  
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Hopefully next week will rebound...what's ur TP to sell? 

Isolator      ( Date: 17-Jun-2011 17:31) Posted:



I am long here with  ready cut loss....

 

 
Isolator
    17-Jun-2011 17:31  
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I am long here with  ready cut loss....
 
 
Sporeguy
    17-Jun-2011 16:50  
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Top 10 in terms of vol losing almost 5% in price. What is the matter ? MACD shows sign for good collection ! Is it bcos of shortist ?
 
 
IVANTAN75
    17-Jun-2011 16:45  
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My broker ask me to average out at 1.4 long term still good
 
 
clonetrooppers
    17-Jun-2011 16:21  
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yes. Swine flu
 
 
des_khor
    17-Jun-2011 16:16  
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WOW ! Flying pig ? I only ever heard flying tortoise in my children story book !

Joe2020      ( Date: 17-Jun-2011 16:09) Posted:



You believe in this?



IVANTAN75      ( Date: 17-Jun-2011 16:02) Posted:

There is a buy call few weeks ago target price at $2.3


 

 
des_khor
    17-Jun-2011 16:11  
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I have mentioned many times .... PLEASE do not believe MFT TP.... 10 out of 1 accurate only !!

IVANTAN75      ( Date: 17-Jun-2011 16:02) Posted:

There is a buy call few weeks ago target price at $2.3

 
 
Joe2020
    17-Jun-2011 16:09  
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You believe in this?



IVANTAN75      ( Date: 17-Jun-2011 16:02) Posted:

There is a buy call few weeks ago target price at $2.3

 
 
IVANTAN75
    17-Jun-2011 16:02  
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There is a buy call few weeks ago target price at $2.3
 
 
yum_cha
    17-Jun-2011 15:52  
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whats wrong with this ship?

why drop so much suddenly
 
 
Isolator
    17-Jun-2011 15:52  
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Whatever it is... just be ready to cut.....
 
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