YZJ Shipbldg SGD    Last:2.2    -0.01

Cruising with the ship ..Yangzijiang

sustaintable business... and FA is in tact..

no doubts this is a good news, aiks... I haven't entered my position yet... always want to get it <0.90..... because i still cannot imagine the bull run from 0.78 to 1.19... arrrgghh...

waterfalls      ( Date: 02-Jun-2008 23:28) Posted: YZJ announced total contract value US$514 mln secured in April & May 2008.  Short sellers beware ! http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8217A92FE5C7D6784825745C001B640C/$file/Contract_Apr_to_May2008.pdf?openelement

 

means hold loh???? Or buy???

 

YZJ announced total contract value US$514 mln secured in April & May 2008.  Short sellers beware !

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8217A92FE5C7D6784825745C001B640C/$file/Contract_Apr_to_May2008.pdf?openelement

 

A) Share Buy-Back Authority

I.

Maximum number of shares authorised for purchase*

330,089,700

(B) Details of Purchases Made

I.

Purchases made by way of market acquisition

Yes

If answer to the above question is Yes, please fill in the following :

		Singapore Exchange	Overseas Exchange
1	Date of Purchases	23-05-2008
2	Total number of shares purchased	6,000,000
3a	Price paid per share#; or	Currency : S$   Amount : 1.0089	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : S$   Amount : 1.02	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : S$   Amount : 1.00	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 6,061,004.93	Currency : [Select Currency]   Amount :

# Specify currency

II.

Purchases made by way of off market acquisition on equal access scheme?

No

If answer to the above question is Yes, please fill in the following :

		Singapore Exchange	Overseas Exchange
1	Date of Purchases
2	Total number of shares purchased
3	Price paid or payable per share#; or	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :

# Specify currency

(C) Cummulative Purchases

	By way of market acquisition		By way of off-market acquisition on equal access scheme		Total
	No.	% 1	No.	%	No.	%
Cummulative no. of shares purchased to-date 2	10,600,000	0.321			10,600,000	0.321

1 Percentage of company's issued share capital 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 after purchase*

3,290,297,000

Footnotes

1. As at 25 April 2008, the date on which the share buyback resolution ("Share Purchase Mandate") was passed, the issued share capital consist of 3,300,897,000 ordinary shares. 2. The shares bought back under the Share Buyback Mandate in this announcement will be held as treasury shares. 3. The number of treasury shares as at to-date is 10,600,000.

 

did not monitor this counter for sometime. Now taking a look at the chart, it shows downtrend. MA not closing up yet. Vol is not high. Oversold but not uptrending yet. I think can wait for a while.

IPO price cannot be used as a gauge to buy. This counter low was about 77cents. Nobody knows when to buy. Just follow the trend. Now is not a buy signal yet. Wait for a few days and see.

 

The IPO was launched only very recently at 95 ct on 18-4-2007.  It chionged to 1.34 on the 1st day.  So I think 95 ct is a good support level.

 

Yeah, really wonder where this one is going.........

btw, what is "gg"?

 

Why? Care to explain.

chinton86      ( Date: 29-May-2008 23:52) Posted: Do not load.

 

Low tide, how to keep the ship balance, kena trapped loh. Hold of  a while loh.

 

Do not load.

 

friday fight night coming,,,,,,,,,,,,,,,,,,,,,,,,,,above 1.00 buyer have to decided whether pit up or thro,,,,,,,,,,,,let me tell u guy and g that alot buyer,,,,some is remiser from local hse ok,,,,,,,,,stru at 1.00 to 1.09cts,,,,,,,,,,,alot of them 300lot to 2million,,,,,,,,,let see what they going to ,,,,,,,,,,,,,,,,,,,,,,,,,they r under radar bb from gg,,,,,,,,,cheers ah moh,,,,,,,,,,,,,,,,,,,,,,,their action within tis few day,,,,,,,,,,volate period akan datang...............ambulance 995

 

i think many people forgot about their fundamentals... remember how it cheong from 0.78 to 1.19 ? that 52% bull run? Even the strongest bull also need to rest ... ( not even mention it was >$2 stock last year)...

I am eyeing so hard on this counter now.... seeing when it start to U-turn, but, I would like to see it drops further first... then, i want to vest for long ! the cheaper the better.. hope can catch the low... let's see..

 

-ve postings here and there couples with the last done price, really threatening leow. Longed too many counters leow, sim pah pah loh.

 

anyone knows whether the jiangsu shipyard affected by the quake? God knows why this share becomes so bearish...

 

dun play play,,,,,,,,,,,,,,selling pressure coming,,,,,,,,,,alot die die dont sell trader abandone ship liao,,,,,,,,,,,,,,,,,heavy short by bb f gg,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,wait for them,,,,,,,,,,,,,to kick off weak traqder,,,,,,,,,,,,,stanby  low,,,,,,,,,,,,,,,,,cash is king,,,,,,925cts is akan datang,,,,,,,,,,,,,,,,,

 

Short term trader should cut loss and sell.  Medium to long term investor can hold cos fundamentals of co are intact.

 

hee... can we get it this time < 90 cents?

 

tanking feeling

 

YZJ Another sinking feelimg.....done, down -0.020 cents. What this mean..?.
15:02:38 $0.970ct 1,000,000 B

 

Looking at the dark sky outside and articles on China quake issue, what if there is tsunami at China coastal area, YZ will be 0.58 leow(mu fatt). ah yah over worry leow, sky will drop, ha ha.