YZJ Shipbldg SGD    Last:2.25    +0.05

Yangzijiang Should rebound

It is not hopefully but in stock everyone is trying to trick everyone.

IVANTAN75      ( Date: 17-Jun-2011 15:44) Posted: Hopefully just trick ppl to sell

 

Hopefully just trick ppl to sell

 

My crystall ball tell me, it going to sink to 1.39 and strong support at 1.37.....

Salute      ( Date: 17-Jun-2011 15:35) Posted: what  happen to this counter, is it just joy of shorting?

 

Will try some trading buy here...

 

what  happen to this counter, is it just joy of shorting?

 

Can try to long some at 1.43 or now....

 

Will this ship sink? Anybody?

 

do help a bit ....loh..

Hulumas      ( Date: 11-Jun-2011 13:24) Posted: Is that helpful to compensate some of your loss? raymondl      ( Date: 09-Jun-2011 14:54) Posted: did anyone receive the dividend for yzj

 

Yeah quite stable nw

 

wow this one is coming up now

 

My is through CFD, I have already received it in CFD on 23 May 2011

 

I just realised I didn't receive the dividend in my ebank statement. Based on dividend payout date which is 9 Jun, I should receive? Maybe I go check wif my broker tomorrow... Anyone else faces same prob?

 

Is that helpful to compensate some of your loss?

raymondl      ( Date: 09-Jun-2011 14:54) Posted: did anyone receive the dividend for yzj

 

friday opening super gap up closing falling near day low
candle pattern suggest weakness against market trend
camping at 1.47 looking out for buy signal

broadfeet      ( Date: 03-Jun-2011 23:45) Posted: cut loss took me out at 1.57 next stop 1.47 hehe broadfeet      ( Date: 01-Jun-2011 22:21) Posted: think so positive divergence detected in (hidden) histogram vested on the 2nd doji (risk involved) clear 1.64 possible only trend reversal break below 1.58 price falling lower...1.47 risk reward ratio worth a try fyi only not enticement anione to follow

 

m afraid that any good news to any companies dont' help at all. Just purely for selective punting buy certain groups of people.

dont' know when will this be ended. Since weeks back, the market was almost stagnant. now is just up, quickily sell phenomenan.

 

Should hol a few more days more contract coming

 

please la. this.morning i wanted to take out the.sellers at 1.59 but no one started. then sellers all come.out. now if yangzijiang can rebound and break 1.62 then i believe it has reverse its down trend. else i will see further weakness. i am not trying to scare the general public no one will buy in this kind of market sentiment. good luck.

 

Yangzijiang: secured contracts worth US$700m to build 7 10k TEU containerships from Taiwan's Seaspan, with an option to build an additional 18, which if exercised would bring the total value to US$2.5b. The 7 vessels are scheduled for delivery in 2014-15...

The order wins shouldn't come as too much of a surprise Seaspan in mid-March said it was looking at a leading Chinese shipyard for a significant order, and YZJ was tipped by many as the hot favourite the stock rose 13.3% in the 19 sessions after that news to $1.92. But, since then it has slumped 20% to Thursday's $1.53...

Stock may now rebound, as YZJ’s achieved price per vessel is close to NOL’s recent 12 ship order for 10.7k TEU containerships valued at US$1.2b, which have been awarded to a Korean yard.
Ytd, YZJ has secured shipbuilding contracts totaling US$1.2b. Outstanding orderbook stands at an est US$6b. Stock trades at 9.1x fwd P/E...

Credit Suisse, which has an Outperform call with a $2.40 target, expected these orders in 2H11. Says YZJ’s weak share price performance YTD is due mainly to concerns about corp governance of Spore-listed Chinese companies. Views the stock as unduly punished given its credible mgt team and strong business fundamentals. Notes recent pullback presents a buying opportunity as the co's long-term prospects remain strong.

 

I think it is not the time to rebound up yet....

 

took profit at 1.58 this morning. heng ah yangzijiang boat looks sinking atm. if u can take profit can run liao. upside is limited. market sentiment is bad.