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YZJ Shipbldg SGD    Last:2.25    +0.02

One of China's largest shipyard

 Post Reply 161-180 of 223
 
Novocaine
    25-May-2007 10:45  
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nicky..quite risky to short lei..pls be careful..
 
 
nickyng
    25-May-2007 10:36  
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hee...ok...shorted 5x $1.79 hee...wish me luck !! :)
 
 
Alamak
    25-May-2007 08:22  
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Thanks guys for sharing! Smiley
 

 
Novocaine
    24-May-2007 22:08  
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hey no problems man!

We r here to help each other and we all r humans after all..if we work together we can achieve greater tings!
 
 
DnApeh
    24-May-2007 21:13  
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You are right ,man! (I have just checked with the books)

The pattern does not satisfy all the criteria of the said pattern.

Thank you Novocaine for enlightening me.

I will try to get in again when there is a chance, at a lower price ,of course.

 
 
 
harryp
    24-May-2007 20:44  
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Agreed. Today's black candle is appearing on most counters due to market sentiment and has nothing to do with the fundamentals of the giant shipyard.  
 

 
Novocaine
    24-May-2007 20:43  
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To add to the TA the fundamentals of the company is very strong..

take note that its second shipyard due to be completed later this year is much bigger than their current one and this will signficantly boost their capacity and enable them to add on to their order books without stretching them..

I foresee a strong growth for the company..as Merrill Lynch indicated in their report they rate YZ as a hypergrowth company..

I am going to ride out the current volatility..see potential long term growth in the mould of cosco..in fact i think they can do better than them..
 
 
Novocaine
    24-May-2007 20:34  
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umm.. with due respect DnApeh let me just say two things regarding ur recent comment..

1). An upside gap two crow is a bearish indicator which have to fulfill the following criterias
  1. 1st day is a long white day.
  2. 2nd day is black and gaps above the 1st day.
  3. 3rd day is black and opens above and engulfs the 2nd day.
  4. 3rd day closes above the close of the 1st day.


In the case of Yangjiziang criteria 1 is fulfilled..and so is criteria 2 but criteria 3 and 4 are not..

YZ opens below day 2 at 1.85 and it doesnt engulf day 2 hence criteria 3 not fulfilled

3rd day closing of YZ is NOT above the close of 1st day..its the same and hence criteria 4 not fulfilled also

2). TA in this case will be inappropriate due to the short duration of graph available and over erratic volume which I believe will lead to an inaccurate TA..furthermore todays drop in price can be attributed to three things i believe which is 1).the comments by greenspan and YZ is a china related stock 2). market sentiment and 3). covering of gap created yesterday between 1.75(closing 22/05) and 1.90(opening 23/05)

Just sharing my opinions and interpretations..no hard feelings..we r all sharing after all.. :)

 
 
 
DnApeh
    24-May-2007 20:16  
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Please be very careful.

Candlesticks these 3 days show Upside Gap Two Crows(Narabi Kuro).

Vested no more.
 
 
Alamak
    24-May-2007 16:46  
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Also vested at 1.75. Hopefully it can fly. Huat ah! Smiley
 

 
nickyng
    24-May-2007 16:02  
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hee....nothing is confirmed choon wan lah...when everyone say chun i will go in the other direction and SHORT it down...hee...of course when appropriate loh..hee
 
 
harryp
    24-May-2007 15:05  
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Same, just vested also taking advantage of this dip given by Greenspan... :)
 
 
Novocaine
    24-May-2007 14:43  
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just got vested at 1.75 just now..hope this counter can really fly!
 
 
ivorycoast
    24-May-2007 14:36  
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The slight weakness is an opportunity.  Merrill Lynch very choon one.
 
 
Novocaine
    24-May-2007 12:44  
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Anyone has the latest report from merill lynch and any other reports on this counter and dun mind sharing?..

thinking of buying on dips..greatly appreciate it..
 

 
keppfly
    23-May-2007 20:29  
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those clown who shot this counter get these hand burn! hahahaSmiley
 
 
dinghoki
    23-May-2007 14:03  
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Merrill Lynch Initiate buy Yangzijiang target price for $S2.12 from S$1.67
Yangzijiang Shipbuilding commands 10% of the global handy and sub-Panamax containership market, the largest in the world. 
Condering its confirmed contracts till 2009, still not too late to enter.  Good luck!
 
 
stefano
    23-May-2007 12:55  
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This stock's behaviour and pattern looks like China Fishery. Very aggressive in upward

movement.  In no time, it's gonna hit a few dollars if it continue it upward momentum.

cheers to all invested.  
 
 
teeth53
    23-May-2007 09:18  
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YangZiJiang $2/- coming sooner...now trading in thre range of $1.87c(+13c) - $1.97c (+23c) 
 
 
teeth53
    22-May-2007 18:20  
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YangZijiang on the rise, should hold for mid-term to long term...:)) Just my personnal opinion this stock is a $2/- to $3/- stocks (+0.08c) to $1.75c. Vol: 30,996,000
Time Last Volume Bid/Ask
17:05:05 1.750 663,000 X
16:59:58 1.750 10,000 B
16:59:51 1.760 30,000 A


 

Traded Summary: (Tues) 22-5-07

Last Trades Volume Bid Volume Mid Ask Volume
1.640 10 4,057,000 57,000 4,000,000 0
1.650 70 1,909,000 974,000 0 935,000
1.660 60 3,266,000 852,000 0 2,414,000
1.670 60 2,708,000 919,000 60,000 1,729,000
1.680 79 2,669,000 664,000 0 2,005,000
1.683 1 95,000 0 95,000 0
1.690 3 549,000 0 0 549,000
1.700 2 2,049,000 49,000 0 2,000,000
1.710 28 1,069,000 251,000 0 818,000
1.720 8 1,679,000 67,000 1,000,000 612,000
1.730 41 2,148,000 333,000 0 1,815,000
1.738 1 50,000 0 50,000 0
1.740 32 2,033,000 1,070,000 0 963,000
1.745 1 500,000 0 500,000 0
1.750 93 5,170,000 1,532,000 663,000 2,975,000
1.760 15 1,045,000 285,000 0 760,000
TOTAL 504 30,996,000 7,053,000 6,368,000 17,575,000


 

 
 
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