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Cruising with the ship ..Yangzijiang

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muifan
    01-Oct-2013 18:47  
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HO SAY LIAO AH!

HOPEFULLY US SIDE GOT COMPROMISE TOMORROW WILL ROCKET

ascend88      ( Date: 01-Oct-2013 17:35) Posted:

 

The Board of Directors (the " Board" ) of Yangzijiang Shipbuilding (Holdings) Ltd (the " Group" or the " Company" ) is pleased to announce that following the corporate updates regarding new shipbuilding orders on 4th September 2013, the Group has succeeded to secure new shipbuilding orders of four (4) 208,000DWT bulk carriers with options for two identical vessels. Furthermore, there are thirteen (13) options consisting of five (5) 82,000DWT bulk carriers, three (3) 64,000DWT bulk carriers and five (5) 10,000TEU containerships converted into effective orders in September 2013. The total contract value of the above-mentioned seventeen (17) new effective orders (the " Contracts" ) is approximately US$871 million.


 
 
ascend88
    01-Oct-2013 17:35  
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The Board of Directors (the " Board" ) of Yangzijiang Shipbuilding (Holdings) Ltd (the " Group" or the " Company" ) is pleased to announce that following the corporate updates regarding new shipbuilding orders on 4th September 2013, the Group has succeeded to secure new shipbuilding orders of four (4) 208,000DWT bulk carriers with options for two identical vessels. Furthermore, there are thirteen (13) options consisting of five (5) 82,000DWT bulk carriers, three (3) 64,000DWT bulk carriers and five (5) 10,000TEU containerships converted into effective orders in September 2013. The total contract value of the above-mentioned seventeen (17) new effective orders (the " Contracts" ) is approximately US$871 million.

 
 
oldflyingfox
    01-Oct-2013 17:25  
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Just wonder why that director sold it before this good news.
 

 
shadow
    01-Oct-2013 17:16  
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UPDATE ON SHIPBUILDING CONTRACTS ENTERED BY THE GROUP

  http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1012261#.UkqStoZmiSo

  The Board of Directors (the ?Board?) of Yangzijiang Shipbuilding (Holdings) Ltd (the ?Group? 

or the ?Company?) is pleased to announce that following the corporate updates regarding new 

shipbuilding orders on 4th September 2013, the Group has succeeded to secure new 

shipbuilding orders of four (4) 208,000DWT bulk carriers with options for two identical vessels. 

Furthermore, there are thirteen (13) options consisting of five (5) 82,000DWT bulk carriers,

three (3) 64,000DWT bulk carriers and five (5) 10,000TEU containerships converted into 

effective orders in September 2013. The total contract value of the above-mentioned 

seventeen (17) new effective orders (the ?Contracts?) is approximately US$871 million

  The 17 new effective Contracts are scheduled for deliveries in years 2015 to 2016, and 

therefore will not have any significant impact on the earnings of the Group for the financial 

year ending 31 December 2013.

  In 3Q2013, the Group had secured a total of twenty-five (25) effective shipbuilding contracts

with an aggregate value of US$1.085 billion. Year to date, a total of fifty-two (52) shipbuilding 

contracts amounting to US$2.096 billion have come to effect.

 
 
 
Oldbird
    01-Oct-2013 16:32  
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Director wont sell his share to put into company just like you and me. Good thing is, he has sold all his entire share 55mil..
YZj stock price will still back to fundamental and market sentiment..

oldflyingfox      ( Date: 01-Oct-2013 09:44) Posted:



You are not correct to say that yzj need money, the selling of shares by this director does not go to the company. lol

The next few days of trading will confirm what is the impact. The question is now who is the buyer? Could it be a fund that is holding less than 5% of shares as this involve millions of dollars. 

Hawkeye      ( Date: 01-Oct-2013 08:49) Posted:



What is the good new about this?

Change of director does not need to sell or trade Shares over the open market. Yangzijiang need money, all their money is tied up for the Banking application


 
 
samson
    01-Oct-2013 16:08  
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Seaspan Corporation exercised options for the construction of five (5) 10,000 TEU class containerships, yesterday at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.

These vessels are scheduled for delivery in 2015 and will be constructed using Seaspan?s fuel efficient SAVER design.

Seaspan expects to sign long-term time charters for these vessels with one of the liner majors in the near term.

The vessels remain subject to allocation in relation to Seaspan?s right of first refusal agreement with Greater China Intermodal Investments LLC, an investment vehicle established by Seaspan, an affiliate of global alternative asset manager The Carlyle Group, and Blue Water Commerce, LLC.

 
 

 
bookwormy
    01-Oct-2013 14:51  
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Bro Samson, I appreciate the tip on sharing news, but I'd like to ask your point is? To post only good news and be ignorant of all that's happening around just because your hands are on this counter?

*By the way, it's " this is the advice for posting news" or " this is what I advise you on posting news" .
You're very much welcomed. 

samson      ( Date: 01-Oct-2013 14:30) Posted:



The basic rules for the share :

1.)  the Good News , share price will move up.

2,) when come to bads news can kill ppl.  share price will drop or short seller will come in ( short drop more and more)

buying a company not just see news in company . the us news is the master can bring the wrolds market up or down.

this is advise for news boy

 

 

 

 
 
samson
    01-Oct-2013 14:30  
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The basic rules for the share :

1.)  the Good News , share price will move up.

2,) when come to bads news can kill ppl.  share price will drop or short seller will come in ( short drop more and more)

buying a company not just see news in company . the us news is the master can bring the wrolds market up or down.

this is advise for news boy

 

 

 
 
 
bookwormy
    01-Oct-2013 12:35  
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Shut down loh
 
 
Grouchycabi
    01-Oct-2013 12:03  
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hello123      ( Date: 01-Oct-2013 10:31) Posted:



Hours after call , as predicted Yangzijiang rose on open   to 118.5 only then to suffer a steep 9%   fall to 1.075

for more details , see             http://sgxswinger.blogspot.sg/         

hello123      ( Date: 30-Sep-2013 04:17) Posted:



Yangzijiang should rise to 118-120 before reacting down strong


for more details , see           http://sgxswinger.blogspot.sg/     

 


 

 
CheongCK
    01-Oct-2013 11:54  
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Mr. Kebing Yu Founded Shanghai Tongbao Shipping Co. and serves as its Managing Director. Mr. Yu Co-founded Yangzijiang Shipbuilding Holdings Ltd, and has been its Non Executive Director since March 20, 2009. Prior to the starting of Shanghai Tongbao Shipping Co., in April 1992, Mr. Yu served as Deputy General Manager of Shanghai Eastern Marine Technical Services Co. He holds Executive Master of Business Administration from the Cheung Kong Graduate School of Business ... in October 2007 and Bachelor of Marine Engineering Management from the Shanghai Maritime University in 1986.

oldflyingfox      ( Date: 01-Oct-2013 09:44) Posted:



You are not correct to say that yzj need money, the selling of shares by this director does not go to the company. lol

The next few days of trading will confirm what is the impact. The question is now who is the buyer? Could it be a fund that is holding less than 5% of shares as this involve millions of dollars. 

Hawkeye      ( Date: 01-Oct-2013 08:49) Posted:



What is the good new about this?

Change of director does not need to sell or trade Shares over the open market. Yangzijiang need money, all their money is tied up for the Banking application


 
 
muifan
    01-Oct-2013 11:40  
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Samson playin with this counter of cos he post here la heheheeh

oldflyingfox      ( Date: 01-Oct-2013 11:34) Posted:

Samson, you can post such news under topics like STI instead of here.

 
 
oldflyingfox
    01-Oct-2013 11:34  
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Samson, you can post such news under topics like STI instead of here.
 
 
samson
    01-Oct-2013 11:24  
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US House of Representatives and the Senate to seek face

Sina Finance YORK October 1 morning news a Republican aide confirmed that the House of Representatives and Senate Democratic leaders who seek to meet in order to be able to face to face talks with the parties, at the last moment to reach a short-term spending budget, rather than the past few days as , table tennis, fruitless. (Ming Yu)

 

 
 
samson
    01-Oct-2013 11:01  
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Obama promised power to avoid a government shutdown

Remittance Network October 1 News - USDCAD (1.0325, 0.0011, 0.11%) on Monday (September 30) is almost closed flat. Morning, no progress in the U.S. fiscal negotiations, leading to a government shutdown looming crisis, the U.S. dollar against the Canadian dollar was lower pressure, but since then, the U.S. President Barack Obama (Barack Obama) in his speech, saying that he would make every effort to prevent the U.S. government after closing the U.S. dollar against the Canadian dollar recovered intraday decline.

Technically, the dollar against the Canadian dollar is still trading at 200 day moving average, and thus, the recent bottoming rebound is expected to continue to follow in the next, but is still facing resistance at 1.0380 intensive. Once after the break, the U.S. dollar against the Canadian dollar still look to challenge previous record highs above 1.05.

07:23 GMT, the U.S. dollar against the Canadian dollar reported 1.0322/25.

 

 

 

 
muifan
    01-Oct-2013 10:56  
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already bought somemore on the fall..

simply be greedy when others are fearfull....

 


hello123      ( Date: 01-Oct-2013 10:31) Posted:



Hours after call , as predicted Yangzijiang rose on open   to 118.5 only then to suffer a steep 9%   fall to 1.075

for more details , see             http://sgxswinger.blogspot.sg/         

hello123      ( Date: 30-Sep-2013 04:17) Posted:



Yangzijiang should rise to 118-120 before reacting down strong


for more details , see           http://sgxswinger.blogspot.sg/     

 


 
 
oldflyingfox
    01-Oct-2013 10:56  
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Let see whether it could close above $1.1 today. BDI was down 2%  to 2,003.
 
 
samson
    01-Oct-2013 10:48  
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Look like Yangzijiang is move up again.

if tonight Us money issues settle . tomorrow we can see bule sky.

short seller may get burn.

but no contra player .

resistance is $1.15 -$1.18

support $ 1.10

Good Luck

 
 
 
samson
    01-Oct-2013 10:40  
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The Senate rejected the House Budget Latest

Sina Finance YORK October 1 morning news on Monday night, the Senate rejected the House's latest budget, but give the House an opportunity for them to the Senate's budget vote, the Senate Budget to allow the Government to maintain mid-November, and to continue to provide funding for the health care reform plan.

Earlier U.S. House of Representatives passed the latest budget, allowing the government prior to the December 15 to maintain normal operations, but requires that the Obama health care plan to force individuals to buy the insurance (or pay fines) and other provisions to postpone for one year.

If congressional Republicans and Democrats can not at midnight (12:00 GMT today) before the agreement on the budget, part of the U.S. government departments will be closed. (Ming Yu)

 

 
 
Sam1903
    01-Oct-2013 10:32  
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How good it is, as long as it is China's company (stock), it always like to give you surprises.

After yesterday, out of nowhere, at the right time and right place suddenly came out this Mr. Yu to spoil the mood on Yangzijiang, I decided to reduce half of my holding on this counter today @1.10 for precaution.

Not too bad, have gotten the dividend and some profit from selling.


Good luck to all...


 


 
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