
IF NOT MISTAKEN
IPO PRICE 67 CTS
SHAME ON THE COMPANY --- DID NOT HELP RETAIL INVESTORS MAKE MONEY
anyone short this counter?
how low will jes drop? shorted at 24c and planning to buy back...
Any idea why this stock is sliding everyday?
Planning to buy in but worried that down trend continues...any advise?
Thanks.
anyone still hold this shares??
What happened to tis company? everyday price drop.... any advice?
Hi you didn't short this? I thought your favorite always to short and make money. Hehe.
tchoonw ( Date: 21-Apr-2010 09:12) Posted:
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Extracted from an article from BT today.
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Not long ago, JES told analysts visiting its yards - which sit on a plot of some 400,000 square metres fronting the Yangtze River - that it was already seeing increased demand for its bulk cargo carriers which transport commodities such as iron ore, coal, soybeans, cotton - commodities which are critical for China. And the company also unveiled plans to expand capacity and build more yards to meet the rising demand.
Unlike Cosco and Yangzijiang, JES does not get much coverage - at least not yet.
And sailing under the figurative radar has meant that the stock is trading at a significantly discounted NAV (net asset value per share) of 0.8 times, compared with 3.5 times to 4.5 times for Cosco and Yangzijiang. Even if JES's stock rose to 60 cents, its NAV would still be half that of its bigger and more widely covered cohorts.
Given the steady recovery in its business, its growing order books, and the relative resilience of the bulk carrier business (the products carried are inputs for final goods), JES may just be worth a second look.
Also, given its significantly discounted price, JES presents itself as an attractive warrant on Cosco and Yangzijiang, and the shipping sector recovery story in general.
JES got dual listing plan as well as BBs are pushing it up!
finally, it is taking off and crossing 20!
how far can it go..................
how far can it go..................
finally, it istaking off
how far can it go..................
smaller than cosco.
how big is the company?
hi, this counter is the same as yangzijiang under ship builder. it is a very big company
in China n for long run is a good investment as the price now is very low.
jen
its moving ard 18 ~ 20, how long will it sleep...................
It will sleep for awhile until the noisy orders come in with a sustained and stable oil price and the economy showing green shoots.
Still sleeping Zzzzzzzzzzzzzzzzzzzz....... no movement.
at least it's not a loss...but it's already a recovery sign. at this px, i doubt thed shareholders will want jes to be taken over cheap. so i believe jes to go above 40c is a matter of time and may be even 50c, not forgetting the ipo px is 67c!
mazimaz10 ( Date: 14-Aug-2009 18:35) Posted:
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Jes result out oredi but not impressive. Any comment tchoonw?
Is it true that Yangzi wants JEL? If so, JEL should spike to it previous 40++ cents. Where can read the news?
tchoonw ( Date: 06-Aug-2009 10:06) Posted:
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