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Thank you, just loaded 200 lots at 0.985
Push down some more. I am loading cheap stock.
ynnek1267 ( Date: 21-Jan-2013 11:44) Posted:
Who said want to buy1000lots at 1 dollar? Wahahaha!!! Buy lah buy lah wahaha!!!!
My 100lots only at 1.025 start to have profit already, more to come. Wahaha!!!
Frogs in hot pot start panic wahaha!!!
Poor thing, ask you jump out still stay inside. Wahaha!!! |
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many kangchiong spiders started to get panic again while someone out there are loading up from them cheaply and waiting to push up again.
if go below 0.98
i believe more sellers will sell to lock tiny profit...
Who said want to buy1000lots at 1 dollar? Wahahaha!!! Buy lah buy lah wahaha!!!!
My 100lots only at 1.025 start to have profit already, more to come. Wahaha!!!
Frogs in hot pot start panic wahaha!!!
Poor thing, ask you jump out still stay inside. Wahaha!!!
where got sold down 1000 lots ??? Can't see from my computer.
until now the total vol is only 9400 lots for the whole day.
not a gd time to buy. don't goes against the trend. 95 cents perhaps u can try.
Bopanha ( Date: 21-Jan-2013 11:04) Posted:
Agreed to park some cash on this counter. Continue to buy on weakness. My target is $1.40, serious.
GorgeousOng ( Date: 21-Jan-2013 10:43) Posted:
| Me too... Continue loading |
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Alamak, the moment I said no big sellers, he sold 1000 lots to the buyer. Breaking down below $1.00. Hehehe.
Bopanha ( Date: 21-Jan-2013 11:23) Posted:
No strong sellers but also no strong buyers are seen today.
It will ding dong until good or bad news comes along. But judging from what the chairman has expressed regarding the Rig contract and the additional contract that may be given to YZJ, some good or encouraging news should be in soon.
Will buy few lots at a time and wait for strong volumes before " hoot tua tua" , hahaha. C.E. Not an inducement to buy or sell. |
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No strong sellers but also no strong buyers are seen today.
It will ding dong until good or bad news comes along. But judging from what the chairman has expressed regarding the Rig contract and the additional contract that may be given to YZJ, some good or encouraging news should be in soon.
Will buy few lots at a time and wait for strong volumes before " hoot tua tua" , hahaha. C.E. Not an inducement to buy or sell.
Well everyone got his/her own judgement so no point arguing wad frog here and there time will tell who is right and wrong and u guys also dont own the market. Just don't get owned by the market cheers
No worries man may b u are the one took my 4 lots hee hee.. Well need the money to pay my sch fee as I got another counter beening stuck.. Well look at this counter again after cny might go up again after cny
Hulumas ( Date: 21-Jan-2013 09:49) Posted:
I do not mean to offend you all. I start buying at Sgd. 1.01 today instead.
NoMoney ( Date: 21-Jan-2013 09:25) Posted:
| Ok sold Liao due to cannot hold its price at 1.01 well still make 14% after the final calculation and is above my expectation. Will wait for 0.92-0.95 before I in again GL happy cny |
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Agreed to park some cash on this counter. Continue to buy on weakness. My target is $1.40, serious.
GorgeousOng ( Date: 21-Jan-2013 10:43) Posted:
Me too... Continue loading
Hulumas ( Date: 21-Jan-2013 09:49) Posted:
| I do not mean to offend you all. I start buying at Sgd. 1.01 today instead |
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Wahahaha!!!! China is Cheap? Do you know where YZJ shipyard at? Wahaha!!! Cheap?
You thought YZJ is located at west meh. Wahaha!!.
If china is cheap, why all s-chip can't make money anymore. Wahaha!!!
Go to visit one round china or YZJ located city and said China is cheap loh. Waahahaha
Frogs from well move to frogs in hot pot. Wahaha!!!!
cheongsl ( Date: 21-Jan-2013 07:38) Posted:
If you think 130million is Keppel cost, then China company should be able to do it in 1/10 of their pricing. As their labour, material and testing is cheap.
How did I come up with the figures, as testing of EMC in Singapore will easily go to 20k ~ 80k, for the pass few years quote. but in China you can get the quote of 1k~5k to perform the similar test in the state accredited lab. That is how much the different you might be expecting. But off cause our cusotmer will not allow it to be test in China, as they don't trust them. If someone award the contract to China, it will be difficult for them to argue for other country testing. My boss will not allow, as the cost of setting up, shipping, labour staff allowance, and risk of technology transfer to China, prevent the low cost testing from being exercise.
But currently seems like more testing is being done in China, as you can see even singapore train are tested in China before delivery to Singapore.
As Yang is the first time doing this thus most likely they will spend more on rework, redesign and testing, thus assume the cost to went up to 40 million, and 130million earning to yang is quite a big sum, and after they get the track record, then keppel and sembmar really need to worry, as customer will easily flow towards yang due to price difference.
ynnek1267 ( Date: 20-Jan-2013 18:58) Posted:
Wahahaha!!! Really a frog in hot pot.
Keppel and sembmar built 1 jack up cost 210 to 230 million.
170million? U thought china is still cheap as few years ago. Wahaha!!!
Jack up system and drilling syatem already cost 130mil. 40mil build a rig wahahaha!!! |
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Me too... Continue loading
Hulumas ( Date: 21-Jan-2013 09:49) Posted:
I do not mean to offend you all. I start buying at Sgd. 1.01 today instead.
NoMoney ( Date: 21-Jan-2013 09:25) Posted:
| Ok sold Liao due to cannot hold its price at 1.01 well still make 14% after the final calculation and is above my expectation. Will wait for 0.92-0.95 before I in again GL happy cny |
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Where is my court jester ynnek?
Post something and make me laugh. lol
I do not mean to offend you all. I start buying at Sgd. 1.01 today instead.
NoMoney ( Date: 21-Jan-2013 09:25) Posted:
Ok sold Liao due to cannot hold its price at 1.01 well still make 14% after the final calculation and is above my expectation. Will wait for 0.92-0.95 before I in again GL happy cny
NoMoney ( Date: 21-Jan-2013 08:14) Posted:
| Well still a profit better than lost. |
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Ok sold Liao due to cannot hold its price at 1.01 well still make 14% after the final calculation and is above my expectation. Will wait for 0.92-0.95 before I in again GL happy cny
NoMoney ( Date: 21-Jan-2013 08:14) Posted:
Well still a profit better than lost.
iPunter ( Date: 21-Jan-2013 07:51) Posted:
Cai Shen Ye gave you so much fat profits and you didn't take...
Now you are left with just a little profit... lol...
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Well still a profit better than lost.
iPunter ( Date: 21-Jan-2013 07:51) Posted:
Cai Shen Ye gave you so much fat profits and you didn't take...
Now you are left with just a little profit... lol...
NoMoney ( Date: 21-Jan-2013 07:23) Posted:
| Anyway I bought this at 0.955 before Christmas that is when I see it should go up before cny plus a contract sign during that time and must load off when I am happy with the earnings and I only see pass 5 yrs chart not more than that cause the pass and present is totally different era now. So even if I load off at 1.05 I still have about 5% earnings |
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Cai Shen Ye gave you so much fat profits and you didn't take...
Now you are left with just a little profit... lol...
NoMoney ( Date: 21-Jan-2013 07:23) Posted:
| Anyway I bought this at 0.955 before Christmas that is when I see it should go up before cny plus a contract sign during that time and must load off when I am happy with the earnings and I only see pass 5 yrs chart not more than that cause the pass and present is totally different era now. So even if I load off at 1.05 I still have about 5% earnings |
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Cai Shen Ye gave you so much fat profits and you didn't take...
Now you are left with just a little profit... lol...
If you think 130million is Keppel cost, then China company should be able to do it in 1/10 of their pricing. As their labour, material and testing is cheap.
How did I come up with the figures, as testing of EMC in Singapore will easily go to 20k ~ 80k, for the pass few years quote. but in China you can get the quote of 1k~5k to perform the similar test in the state accredited lab. That is how much the different you might be expecting. But off cause our cusotmer will not allow it to be test in China, as they don't trust them. If someone award the contract to China, it will be difficult for them to argue for other country testing. My boss will not allow, as the cost of setting up, shipping, labour staff allowance, and risk of technology transfer to China, prevent the low cost testing from being exercise.
But currently seems like more testing is being done in China, as you can see even singapore train are tested in China before delivery to Singapore.
As Yang is the first time doing this thus most likely they will spend more on rework, redesign and testing, thus assume the cost to went up to 40 million, and 130million earning to yang is quite a big sum, and after they get the track record, then keppel and sembmar really need to worry, as customer will easily flow towards yang due to price difference.
ynnek1267 ( Date: 20-Jan-2013 18:58) Posted:
Wahahaha!!! Really a frog in hot pot.
Keppel and sembmar built 1 jack up cost 210 to 230 million.
170million? U thought china is still cheap as few years ago. Wahaha!!!
Jack up system and drilling syatem already cost 130mil. 40mil build a rig wahahaha!!!!
Tomique ( Date: 20-Jan-2013 18:39) Posted:
SHORTISITS WILL BE FRIED
News Release!!!! (For the vested)
Yangzijiang secures maiden offshore order worth US$170 million for Jackup Drilling Rig,
---with option to construct one additional identical unit.
“This is definitely exhilarating news for the Group as it sets the group firmly on its direction into the Oil and Gas space. The rig will be constructed in our existing shipyard,JNYS in China, which allows the Group to leverage off its existing worldclass vessel building capabilities.
We identified offshore as a growing market and have worked hard on adding that exposure to our portfolio in years. Our perseverance, dedication and commitment have finally paid off with the successful entering of the first rig building agreement.
We will certainly employ our cost and project management expertise into building a track record for offshore products. I believe successful execution and delivery of this offshore rig order will not only set a new record in the history of
Yangzijiang, but also strengthen our new branding and positioning as an integrated marine service provider.”
Mr Ren Yuanlin (任 元 林 ), Executive Chairman, Yangzijiang
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