
DJ MARKET TALK: UBS Keeps Yangzijiang At Buy With S$2.80 Target
0808 GMT [Dow Jones] STOCK CALL: UBS keeps Yangzijiang (BS6.SG) at Buy with target price at S$2.80 after shipbuilder inks US$1.36 billion preliminary contract with COSCO Container to deliver 20X 4,250TEU containerships between August 2011 and June 2012. Says deal marks first significant move by China's state-owned shipping giants toward private domestic yards from state-owned or overseas shipbuilders. Notes also, deal is sign technology, build quality of private shipyards such as Yangzijiang fast-improving, being recognized. Notes record high new order will expand Yangzijiang's orderbook to 160 vessels of total US$7.04 billion contract value, 56.6% higher than market cap of US$4.50 billion as of Dec. 24. Says share appears attractive at 0.3X PEG on company's superior EPS CAGR of 71.7% in 2007-09E. Share down 2% at S$2.01.
0808 GMT [Dow Jones] STOCK CALL: UBS keeps Yangzijiang (BS6.SG) at Buy with target price at S$2.80 after shipbuilder inks US$1.36 billion preliminary contract with COSCO Container to deliver 20X 4,250TEU containerships between August 2011 and June 2012. Says deal marks first significant move by China's state-owned shipping giants toward private domestic yards from state-owned or overseas shipbuilders. Notes also, deal is sign technology, build quality of private shipyards such as Yangzijiang fast-improving, being recognized. Notes record high new order will expand Yangzijiang's orderbook to 160 vessels of total US$7.04 billion contract value, 56.6% higher than market cap of US$4.50 billion as of Dec. 24. Says share appears attractive at 0.3X PEG on company's superior EPS CAGR of 71.7% in 2007-09E. Share down 2% at S$2.01.
http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/a1dfa38c857a0765482573bf0030ed80?OpenDocument
this counter need financing to do big project, .......
oh. Then how do u know on 10 Jan 08 will consider blue chip?
Sorry man cause i am quite new to stock market and thanks for sharing~!

not yet bro... soon... 10 Jan08.. tat's Y u could c accumulation rite now.. and base on FA.. positive outcome..
This counter is not a blue chip yet??
let's c how it goes.. me vested.. .soo gotto wait for it to shine once again.. base on FA.. tis counter simply had its potential.. to ea its own.. vest at your own risk..
If u r a believer of TA.. mayb u might not c any sign for entry yet..
Cheers..
push it up and sell down, this is a trick of bb. for those who are greed and contra player, they sure to fall into this bear trap.as i said, make some kopi money, let it go to avoid bear trap. today is friday, ppl usually take profit or cut loss day.
Hi guys. recent rally for this counter is played by the props. Dun think there is any serious buying so far. do look out for any potential bear trap. Between $2 to $2.10 is a probable killing zone. Do trade with caution!!!
i think going to the $3 mark will have to take sometime. Me too vested at $2.58.
Has been averaging down since then. Lets hope things will change come 10th Jan when its officially a blue chip
wht are the chances that the price will goes up to 3.2 as "predicted" a couple of mths ago?
i bought this counter @ 2.55. have been holding for a couple of mths already...
this bb is smart, probably at the end of next week where yang is all time high around 2.2plus, then they sell again...
trade with care...BB playing this share.
At 15:38:33 hr, add 1000 lot to Buy Q at $2.04each
At 15:42:08 hr, when Buy Q is at 1337 lots, 1000 lots were withdrawn.
Same thing happen for Buy price 2.03, 300 lots added to Q at 15:33 and withdrew at 15:45.
So, BB is pushing up the price...watch out..
No horse run.... haha....

btw, normally the source might mention certain price say 1.77 especially insitutional players or bb, then do the reserve to kill the shortist as bb / insitutional players are usually the first hand players, so they usually try to do reverse market strategy...
just be careful...
it would be fluctating up and down... and down and up.. be careful...
haha.. my source tells me that institutions r selling everyday.. look for next support at 1.77
watch for 1.89 strong support...
