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YZJ Shipbldg SGD    Last:2.16    -0.04

Cruising with the ship ..Yangzijiang

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jackjames
    01-Jul-2008 15:13  
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determine to sell is still strong from BB side..

15:11:50 0.815 1,175,000 Sell Down
15:06:27 0.815 5,000 Sell Down
15:04:46 0.815 10,000 Sell Down
15:03:59 0.815 50,000 Sell Down
15:03:48 0.815 40,000 Sell Down
15:03:34 0.815 500,000 Sell Down
 
 
idesa168
    01-Jul-2008 14:42  
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89¢ was the price I bail out my short from 92¢ just 3 days ago. Now it's 81¢...very scarry! If those still holding on, I guess just hold lah. If the drop is so deep, I believe there will be a rebound soon...good luck!
 
 
commando
    01-Jul-2008 14:42  
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80cts coming!!!!!
 

 
zhuge_liang
    01-Jul-2008 14:41  
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"Shipbuilding delivery appears to be behind schedule and recent near-doubling in contract price of iron ore imports from Australia will lead to higher steel costs and impact margins," says Kim Eng Securities, which has technical Sell call; tips next support at $0.49 if $0.78 gives way.
 
 
jackjames
    01-Jul-2008 14:34  
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wait until i got it first la..
 
 
nickyng
    01-Jul-2008 14:31  
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hee...obvious rite? 1000+ those sell down..some BBs are doing magic lah....

i think technical rebound shld b coming soon...hee

cheers ! :D 
 

 
jackjames
    01-Jul-2008 14:07  
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what the ...... !!!!!! u guys really want it to crash , huh...

0.78 , my entry price..... remain still... jim rogers said, china stock still good to buy lei...

14:04:00 0.815 1,000,000 Sell Down
14:03:49 0.815 20,000 Sell Down
14:03:22 0.82 4,000 Buy Up
14:02:51 0.815 29,000 Sell Down
14:02:49 0.815 25,000 Sell Down
14:02:39 0.82 26,000 Buy Up
14:02:38 0.82 567,000 Sell Down
14:02:38 0.82 300,000 Sell Down
14:02:36 0.82 1,200,000 Sell Down
14:02:34 0.82 700,000 Sell Down
14:02:25 0.82 1,717,000 Sell Down
 
 
commando
    01-Jul-2008 13:29  
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short this burger to below 80cts leh!!!!!
 
 
idesa168
    01-Jul-2008 12:09  
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Nick, I still got some holding of SYNEAR @0.44. Do think I should sell now and forgo the brokearge? I sian liao with SYNEAR, thought of not waiting liao for the surge, which dunno when will come!!!

nickyng      ( Date: 01-Jul-2008 11:30) Posted:



this burger from wat i can see is following the foot-step of SYNEAR...slow and painful death....u can SHORT it to quicken it ! hee...

cheers :) 

 
 
idesa168
    01-Jul-2008 12:07  
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Yah, I am out liao at 0.825, short from 0.85 this morning....got kopi$$ today!!!
 

 
jackjames
    01-Jul-2008 11:36  
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ouch.... 0.82.... quite a big sell down lei..
 
 
nickyng
    01-Jul-2008 11:30  
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this burger from wat i can see is following the foot-step of SYNEAR...slow and painful death....u can SHORT it to quicken it ! hee...

cheers :) 
 
 
trader88.sg
    01-Jul-2008 11:26  
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Can one move fast when swimming against strong current?

One might get too tired and get drowned.
 
 
idesa168
    01-Jul-2008 10:41  
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Does anyone thinks company share buy back will support the price from eroding further? Will analyst downgrade this burger and 80¢ akan datang? It's all about mkt sentiment.
 
 
idesa168
    01-Jul-2008 08:53  
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Anyone is shorting this burger today?
 

 
willysoh
    01-Jul-2008 01:28  
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looks like breaking 0.80 soon ........will it?

 
 
 
zhuge_liang
    01-Jul-2008 00:52  
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HSBC starts Yangzijiang at Neutral. Expects limited upside for share price due to moderation of container ship orders, noting more than 80% of China-based shipbuilder's revenue comes from container vessels. Tips operating margins to flatten or decline in 2008, 2009 due to limited pricing power as steel costs continue to rise; "in addition, we estimate a rising tax burden as the tax holiday for the new shipyard expires."
 
 
Luostock
    30-Jun-2008 22:28  
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1 Date of Purchases 30-06-2008   
2a Total number of shares purchased 3,000,000   
2b Number of shares cancelled  
2c Number of shares held as treasury shares 3,000,000   
3a Price paid per share# or Currency : S$
 
Amount : 0.845
Currency : [Select Currency]
 
Amount :
3b Highest price per share# Currency : [Select Currency]
 
Amount :
Currency : [Select Currency]
 
Amount :
  Lowest price per share# Currency : [Select Currency]
 
Amount :
Currency : [Select Currency]
 
Amount :
4 Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# Currency : S$
 
Amount : 2,538,557.89
Currency : [Select Currency]
 
Amount :
By way of market acquisition
By way of off-market acquisition on equal access scheme
Total
No.
% 1
No.
%
No.
%
Cumulative no. of shares purchased to-date 2
14,600,000
 
0.442
 
 
 
14,600,000
 
0.442
 
 
1 Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
2 From the date on which the share buy-back mandate is obtained
 
(D) Number of issued shares excluding treasury shares after purchase * 3,286,297,000  
Number of treasury shares held after purchase* 14,600,000  
 
 
jackjames
    30-Jun-2008 20:00  
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daily share buy back today 3000 lots at 0.845, don't play play, it's 2.53 million dollars.. not a small sum.
 
 
SupremeA
    30-Jun-2008 16:37  
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either that or they figure the position cannot be sustained. Wow. Actually if they wanna sell down and collect cheap should do so at support level. Spread panic
 
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