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lets watch sir :)
forgot2bme ( Date: 21-Jul-2011 15:55) Posted:
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Risk a bit high to short.. Not sure if it'll fill the gap or break $1.40...
anyone shorted yzj for a quick punt?
huh?????? today is bearish, but if you bought yesterday and sold today, you still make $
Joe2020 ( Date: 19-Jul-2011 09:45) Posted:
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DJ MARKET TALK: Yangzijiang +2.0% Seeks To Address Concerns
Dow Jones Newswires | 19 Jul 2011 9:06am
0106 GMT [Dow Jones] Yangzijiang Shipbuilding (BS6.SG) opens up 2.0% at S$1.26 after the company says it expects " not less than" 30% growth in 1H net profit its comments are in response to recent fluctuations in its share price, and " many inquiries in relation to the group's operational measures from the investment community." Yangzijiang adds that it's on schedule to meet its target of delivering 65 vessels in 2011 vs 50 last year, and it has no immediate plans for a convertible bond issue. Yangzijiang shares have fallen 15% since July 8 and closed down 5.7% at S$1.235 on Monday, in part hurt by worries over its large exposure to European customers. However, the company seeks to address those concerns and says it " has witnessed a diversification of its customers' portfolio away from European based customers. Meanwhile, the existing European based customers are long-term customers that had withstood the (Global Financial Crisis) with strong financial standing and payment track record." Yangzijiang announces its earnings Aug. 11. (matthew.allen@dowjones.com)
Yes i think it wise to buy now..after their report in Aug will shoot up more..
with this statement, isn't it 50/50, you guys still short and think it would go to $1.18....?
TREK 2000, YANGZIJIANG SHIPBUILDING: Latest happenings....
They said at least 30% net profit growth in 1H. I think can easily exceed that.....otherwise why put it like that?
They said at least 30% net profit growth in 1H. I think can easily exceed that.....otherwise why put it like that?
what bought? SOLD .....price is going for submarine again LOL
stockmarketmind ( Date: 19-Jul-2011 09:42) Posted:
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Anyone bought??
nice!
Broker_77 ( Date: 18-Jul-2011 22:42) Posted:
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Dont think rebound so soon...more downtrend to come..rebound at around $1.18
Cut a small losses on yzj previously. Yzj is going to have a technical rebound! Watch!
I shouldn't make my analysis so fast. Overall this stock still looks good. We shall need to watch! It better rally out of the danger zone or the breakout possibility is bleak. Time plays a big factor here.
stockmarketmind ( Date: 01-Jul-2011 16:02) Posted:
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Today's action cancels the breakout possibility.
IVANTAN75 ( Date: 30-Jun-2011 22:14) Posted:
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thanks sir
BNP Paribas has initiated coverage of Singapore-listed Chinese shipbuilder Yangzijiang (YAZG.SI) with a hold rating due factors such as declining return on equity and a target price of $1.55.
BNP Paribas said that although it sees Yangzijiang as one of the best managed yards with strong operating efficiency and market reputation, the firm’s return on equity (ROE) has been declining.
BNP Paribas said that although it sees Yangzijiang as one of the best managed yards with strong operating efficiency and market reputation, the firm’s return on equity (ROE) has been declining.
The bank said Yangzijiang’s ROE is down from about 50% in 2009 to 30% currently, and expects it to fall further to 21% in 2013.
BNP Paribas estimates that Yangzijiang’s capital expenditure or investment will increase from 160 million yuan ($30.7 million) in 2010 to over 2 billion yuan in 2011 partly due to its shipyard acquisition and construction.
However, despite the cost inflationary pressures and ship-building margin concerns, BNP Paribas still expects Yangzijiang to maintain double-digit earnings growth in 2011 on strong orders and a boost to interest income generated from lending operations.
break out to what price?
| stockmarketmind ( Date: 30-Jun-2011 21:50) Posted: |