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Correction, should be 9 cents.
Blastoff ( Date: 16-Mar-2011 17:16) Posted:
Not one cent, 10 cents.
epliew ( Date: 16-Mar-2011 17:09) Posted:
| Technical rebound only recover one cent ? |
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Not one cent, 10 cents.
epliew ( Date: 16-Mar-2011 17:09) Posted:
| Technical rebound only recover one cent ? |
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Technical rebound only recover one cent ?
ship starts sailing 1.74/1.75 +0.08
From SeaTrade Online - In Feb 2011
Yangzijiang may bag 10 boxships order
Shanghai: Canada's containership company Seaspan plans to order up to 10 new boxships in Asian shipyards, the fast growing Chinese shipbuilder Yangzijiang is under the the companys' consideration, a source said.
Seaspan is negotiating with “several selected Chinese and Korean shipyards" about ordering 10,000teus boxships for delivery between 2013 and 2014, according to a filing with the US Securities and Exchange Commission. “These ships would have an innovative design that focuses on improving load ability and fuel efficiency." the company said. [18/02/11]
The news on Asiasis - Deal not Signed Yet - With Letter of Intent - It Show Seaspan is serious to award to Yangzijiang
xanovax ( Date: 15-Mar-2011 22:19) Posted:
| statement made by seaspan. yzj has not announced yet.
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statement made by seaspan. yzj has not announced yet.
news not release in sgx...this is true?
xanovax ( Date: 15-Mar-2011 17:23) Posted:
YZJ should rebound now with this record deal!
Yangzijiang Inks 22 10,000TEU's
2011-3-15issuer:eshiptrading.comReading
Times:18
times
China’s
Yangzijiang Shipbuilding has finally penned a letter of intent with
containership owner Seaspan Corp to build 22 units of 10,000-teu
newbuildings including options.
The Singapore listed shipbuilder is poised to win its biggest newbuilding order worth over $2bn.
Prior to Seaspan’s order, the largest boxships that Yangzijiang secured
were the 4,250-teus from domestic shipping giant Cosco Container Line.
“The deal is for 6+6+5+5,” says a source familiar with Seaspan’s
newbuildings contract. “The company is paying $98m per vessel so the
total worth of the contract adds up to $2.156bn.”
Meanwhile, another source says the newbuilding price is about $95m each, with delivery in 2013 and 14.
News of the newbuilding contract emerged as Seaspan announced it would
be setting up an investment venture with Carlyle, Tiger Group and an
affiliate of Dennis Washington to capitalise on growth opportunities in
the containership market.
Seaspan said the new venture would aim to invest up to $900m of equity
capital in containership assets, primarily newbuilding vessels strategic
to the greater China area.
An executive at Yangzijiang Shipbuilding confirms Seaspan’s deal and
says his company is scheduled to deliver the first ship in January 2014.
“The signing of the official contract will take place in late April or early May,” he added.
The new panamax design with a beam of 48.2 m will be able to go through
the new Panama Canal locks and so be suitable for all the major trade
routes, Seaspan chief executive Gerry Wang said.
The ships would be about 8% lighter and burn between 15% and 25% less
fuel than a standard-design 10,000 teu ship, Mr Wang said.
Source:Asiasis
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Why do you think so? You want to make money, then buy China related equities!
Joe2020 ( Date: 11-Mar-2011 21:30) Posted:
you seem to be buying everything in china...are you from Temasek Holding LOL?
Hulumas ( Date: 22-Jun-2010 15:04) Posted:
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YZJ should rebound now with this record deal!
Yangzijiang Inks 22 10,000TEU's
2011-3-15issuer:eshiptrading.comReading
Times:18
times
China’s
Yangzijiang Shipbuilding has finally penned a letter of intent with
containership owner Seaspan Corp to build 22 units of 10,000-teu
newbuildings including options.
The Singapore listed shipbuilder is poised to win its biggest newbuilding order worth over $2bn.
Prior to Seaspan’s order, the largest boxships that Yangzijiang secured
were the 4,250-teus from domestic shipping giant Cosco Container Line.
“The deal is for 6+6+5+5,” says a source familiar with Seaspan’s
newbuildings contract. “The company is paying $98m per vessel so the
total worth of the contract adds up to $2.156bn.”
Meanwhile, another source says the newbuilding price is about $95m each, with delivery in 2013 and 14.
News of the newbuilding contract emerged as Seaspan announced it would
be setting up an investment venture with Carlyle, Tiger Group and an
affiliate of Dennis Washington to capitalise on growth opportunities in
the containership market.
Seaspan said the new venture would aim to invest up to $900m of equity
capital in containership assets, primarily newbuilding vessels strategic
to the greater China area.
An executive at Yangzijiang Shipbuilding confirms Seaspan’s deal and
says his company is scheduled to deliver the first ship in January 2014.
“The signing of the official contract will take place in late April or early May,” he added.
The new panamax design with a beam of 48.2 m will be able to go through
the new Panama Canal locks and so be suitable for all the major trade
routes, Seaspan chief executive Gerry Wang said.
The ships would be about 8% lighter and burn between 15% and 25% less
fuel than a standard-design 10,000 teu ship, Mr Wang said.
Source:Asiasis
Can consider the high attained on Aprit 2010 at $1.57 as the support.
With STI support of 2965 broken, likely to continue down trend coming days, this will mean Yanzijiang will contiue to go lower next few days. I will buy around 1.57.
wow... no support...
free falling...
CheongCK ( Date: 13-Mar-2011 12:24) Posted:
Yangzijiang FREE FOR ALL to short and buy
Undervalue stock - Not Supported - Traders Dream
Sell - Buy - Sell - Buy for those who are in long
Sell - Buy for those who are in short
supported buy 4.5 cents dividend and strong order book and expanded capacity
edwinteo ( Date: 12-Mar-2011 01:36) Posted:
| more downside...support broken.. |
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Yangzijiang
FREE FOR ALL to short and buy
Undervalue stock - Not Supported - Traders Dream
Sell - Buy - Sell - Buy for those who are in long
Sell - Buy for those who are in short
supported buy 4.5 cents dividend and strong order book and expanded capacity
edwinteo ( Date: 12-Mar-2011 01:36) Posted:
| more downside...support broken.. |
|
more downside...support broken..
you seem to be buying everything in china...are you from Temasek Holding LOL?
Hulumas ( Date: 22-Jun-2010 15:04) Posted:
I keep buying now!
kiasiDBT ( Date: 21-Jun-2010 18:46) Posted:
Read this in CNA forum:
Yangzijiang welcomes Qatari investor on board
get ready to see more action tomorrow!!!  |
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Yangzijiang
Saturday: 26th JUNE 2010
BAKER TECH EGM
Monday: 28th JUNE 2010
Yang Zi Jiang
BREAK OUT S$1.40
I keep buying now!kiasiDBT ( Date: 21-Jun-2010 18:46) Posted:
Read this in CNA forum:
Yangzijiang welcomes Qatari investor on board
get ready to see more action tomorrow!!! |
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Yangzijiang welcomes Qatari investor on board
QD Asia Pacific Ltd will subscribe for 83,555,000 new shares in Yangzijiang, notwithstanding outcome of acquisition of PPL Holdings
Open up doors to Middle East region
SINGAPORE – 21 June 2010 – Yangzijiang Shipbuilding (Holdings) Limited (“Yangzijiang” or “the Group” or “扬子江船业控股公司”), one of PRC’s leading and most enterprising shipbuilder listed on the SGX Main Board has today entered into a deed of amendment and restatement (“Deed”) with QD Asia Pacific Ltd. (“QD Asia”), whereby QD Asia has agreed to proceed with its subscription of shares in Yangzijiang notwithstanding outcome of completion of the PPL Holdings acquisition ("Acquisition"), provided that the other conditions precedent to completion of the placement are satisfied on or before 27 October 2010 (or such other date as may be agreed between the parties).
Yangzijiang had previously announced on 17 April 2010 that it had entered into a placement agreement with QD Asia and a joint investment agreement with Mediterranean Success Inc. to acquire PPL Holdings in the proportions of 50.1%, 45% and 4.9% respectively.
Upon the completion of the share placement, QD Asia will own 2.235% of the enlarged share capital of Yangzijiang.
QD Asia is a wholly-owned subsidiary of Qatari Diar Real Estate Investment Company (“Qatari Diar”), one of the sovereign wealth funds of the state of Qatar. Qatar has 2nd highest GDP per capita in the world and is a state rich in oil and gas resources with the 3rd largest gas reserves1. Yangzijiang welcomes Qatari Diar as a valued investor, and expects that Qatari Diar’s investment will serve as an excellent platform for Yangzijiang to extend its reach into Middle East region by tapping into Qatari Diar’s network.
“We are delighted to have Qatari Diar of Qatar state-owned parentage on board. I am looking forward to our cooperation and am truly enthusiastic about harnessing important business synergies that will benefit Yangzijiang.”
Mr Ren Yuanlin (任元林), Executive Chairman, Yangzijiang
The net proceeds will be used for potential M&A opportunities in the shipbuilding and marine offshore industries.
“Recently, we invested in several projects to widen our investment portfolio and also, as part of our efficient cash redeployment scheme. These investments are capped at a small percentage of our cash resources, and the majority is reserved for working capital and M&A opportunities in our core shipbuilding and related fields, to build long term sustainable shareholders’ value.”
Mr Ren Yuanlin (任元林), Executive Chairman, Yangzijiang
Read this in CNA forum:
Yangzijiang welcomes Qatari investor on board
get ready to see more action tomorrow!!!
