YZJ Shipbldg SGD    Last:2.25    +0.02

One of China's largest shipyard

already hit $2 liao 

 

Some rumours that YZJ is fighting for another big project worths millions usd.... worth a look ....!! sure to hit $2 in days to come......gd luck

 

Wow! Yangzijiang SHIOK man!!!! Today damn shiok man..........

 

Sweee-sweeeeeee arhh... vested at 1.75.. hehe

 

A nice long tail dragon fly flew in to close the day..........

 

ship shld fly again soon..

 

 

it recover back le.... this ship not bad.. sink abit but still can float back.....

 

Those who has no holding power, better cut loss.More to bleed.

 

sales just started , 1.66 ~

 

Todays average weighted price is 1.763..

Happy trading!

 

sorry..i mean big armies at 1.73 and 1.74..not 1.74 and 1.75..

 

Battle ongoing in between 1.73-1.80 region.. big army at 1.74 and 1.75 with equivalent armies waiting at 1.77 and 1.78..

 

 

haha..nicky played his cards ryte..but u will have to take a lot of risk if u wanna do it.. :)

 

WOH! Thanks Novo for giving me a knock on my head. I din know that it is so risky. I still thought it is like contra. Got T+3 to settle the contract.

That's REALLY risky. Woh... nicky must be extremely brave to play with fire.

 

Short sell is very risky alamak..

Take note that if u sell without owning the counter u will have to buy back by the end of the day. Otherwise SGX will impose a hefty fee on you when they buy in for u..and worse still u cannot control the price they buy in..

And the charges they impose is way higher than ur normal brokerage rate..so pls do be careful if u wanna do dat..they call it naked short..u dun want to be caught without any clothes on do u? :)

 

Thanks Novo for ur advice.

Hi nicky, how did u do tat? short sell? i have heard of short sell but dunno how it works. Care to share? thanks in advance!

 

haha..ok..gd for u nicky! Living on the edge!

N alamak I am not expert but in my own honest opinion I dunno the short term trend of this counter due to so many things..and one of them is current market weakness..

But i do noe that YZ has strong fundamentals and is well poised to grow eso with the completion of its second shipyard soon..Based on fundamentals this counter is well worth a long term look..

 

relax lah..covered back swui swui at 1.77  !! hee.....

 

Yesterday shorted 10x 1.75. Just lock profit at 1.79. Just earn back some loss from ChinaAOil.

Strong support at 1.7x? Then do u think it will rise above 1.85 in short term?

Waiting expert to advise. Thanks.

 

Market depth shows strong support at 1.77,1.74,1.73,1.72

Resistance at 1.80, 1.81 and 1.85..

Trade with care..