YZJ Shipbldg SGD    Last:2.25   -

Yangzijiang

Thoughts/ assumption, not vested

At current $1.93 should be good to collect. If go lower still can average down. Since the 'M' been formed, short reverse uptrend should be possible.

Fast and furious style. Estimate take profit $2.05 ~ $2.1

 

Thanks for your reply tiandi,

I think I will choose not to believe in them anymore.

 

hi tiandi bro, well say. Any comment on tml opening?

 

limhpp,

this is very common in USA, over there, they have a pool of  many analysts, too many, rating the SAME stock, and it is good to read a few and get amused. You might see a 10 analyst rating, 3 very bullish, 4 neutral, 3 very bearish at all the same time. Some stock get analyst Downgrade and Upgrade at the same time with the same news.. so that is very common.


I once studied many reports, choose what I like, consistent dividend stock, well loved, many years of track record of dividend growth, many  analyst rated 5 stars, outperformed, great buy call, when wind blow, it dropped 30% within a few days. Another 4 star rated stock, wind blow, drop 60% in one day.


In Singapore we do not see a 'group summary of all analysts reports at the same place' , if there is , it will be an eye opener to see a wide distributions.

 

Any impact on this? Increase in investment in jiangsu yangzijiang shipbuilding coy..  

 

Told you all liao...

 

As I mentioned, 201 support, once broken, the devil will run loose south. I cut loss already at 1.99, if tomorrow goes up, I bang lah. But with DOW future in RED, chance for YJZ to go north tomorrow is slim. But well, you never know.

 

with all shipping related counters on LAO SAI mode...i think JES next wk will be my SHORTING favourite :P

 

didn't MS just gave a TP of 2.48? dropping like a stone again?

 

Hehe,

Vested at 2.05 , lets see if it can break the resistance. Looks like futures is up but some bb may be manipulating the futures to prevent a sell down in Asia

 

Aiya.. is like tat one mah.. follow the wind direction.. and report accordingly.. if not.. they become jobless liao..

Even whatever they reported.. could b wrong.. it depends on who is the author/researcher.. some reputable one.. some... dun say lah..

 

Just hates to say that but it is true.

One day they can say this counter is graded overweight and another day grade it as underperform.

Do not know what they are up to....

 

 

 

 

There is nothing definite in stock mkt. Expect the unexpected! Keep fingers crossed.

I got mine at 2.05 yesterday and this morning was kind of jittery, but stabilised in the afternoon. I am hopping to clear 2.10 convincingly, then we have a better days ahead.

 

This counter is on the rise definitely after sharp correction last month....

vested. 

 

swee swee close! 2.10 now is the resistance. Hope to break soon.

 

Generally is in the uptrend now after the correction. Could be rally again in few more days....

 

hmm... yzj hit 2.10 again.. not sure whether it is sustainable.. let's hope to c it Cheong once again.. in weeks to come...

 

elfie ran this baby last week from 2.04 to 2.15. wouldn't touch it again for now. looks like distribution to me.

caveat emptor.

 

Support at 201. if broken, we will be seeing significant red in days ahead.