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521-540 of 3100
Wish today spotlight shine bright on this ship
ascend88 ( Date: 13-Sep-2013 09:02) Posted:
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open at 82....now fighting at 825
Winson ( Date: 13-Sep-2013 07:31) Posted:
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Jipon is moving up.....
as long as China still not tired chiong ahhh hope bb exit yzj and push this
DOW looks tired last nite.
Hope that this ship can break the iceberg at 0.825 and cover the gap smoothly.
Chiong ahhhhh
Chiong ahhhhh
No more $0.80 .
Tomorrow you will be see $1.00 - 1.20 by next week
when yangzijiang $1.09 . cosco will be over take - $1.20
Now all come out to upgrade ... it maybe time to take some profit :)
WanSiTong ( Date: 12-Sep-2013 23:25) Posted:
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China Shipyards: Early recovery signs
by DBS Vickers
? Orderflow is gaining momentum, driven by low orderbook to fleet ratio, low newbuild prices and rising BDI
? Capacity cuts a healthy industry development ...
? Upgrade YZJ to BUY and Cosco to HOLD
Positive industry developments. The dwindling orderbook to fleet ratio for containerships and bulk carriers to < 20% (vs mean of 25%), low newbuild prices, and rebound of BDI to c. 1500 points, have led to the 89% y-o-y surge in newbuild contacts YTD from a low base. This will likely sustain in the coming 3-6 months given the current strong enquiry levels and optimism of shipping recovery. In addition, a series of shipyard closures and/or capacity cuts in China is deemed positive as massive yard closures is often a precursor to a recovery in the industry. All these are positive signs that suggest that the industry is in an early recovery phase, in our view.
by DBS Vickers
? Orderflow is gaining momentum, driven by low orderbook to fleet ratio, low newbuild prices and rising BDI
? Capacity cuts a healthy industry development ...
? Upgrade YZJ to BUY and Cosco to HOLD
Positive industry developments. The dwindling orderbook to fleet ratio for containerships and bulk carriers to < 20% (vs mean of 25%), low newbuild prices, and rebound of BDI to c. 1500 points, have led to the 89% y-o-y surge in newbuild contacts YTD from a low base. This will likely sustain in the coming 3-6 months given the current strong enquiry levels and optimism of shipping recovery. In addition, a series of shipyard closures and/or capacity cuts in China is deemed positive as massive yard closures is often a precursor to a recovery in the industry. All these are positive signs that suggest that the industry is in an early recovery phase, in our view.
Upgrade Cosco to HOLD.
Cosco should benefit from the higher bulk carrier orders and efforts to build up its offshore order book. Cosco has secured orders of US$1.2bn YTD (60% of our FFY13 assumption). Upstream reported in early June that Cosco is signing contracts for two drillships worth US$650-700m each with X-Drill. If this materialises, Cosco will beat consensus' order win assumptions for this year. We raised our TP to S$0.83 as we roll over our valuation to FY14, on 1.4x PB (1.3x previously). Upgrade to HOLD.
tmr gap up 87 cents then cross over 90 cents soon
muifan ( Date: 12-Sep-2013 20:27) Posted:
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plus today baltic index rally again...
can cosco perform a noble tomorrow?
ruanlai ( Date: 12-Sep-2013 20:22) Posted:
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No US$366millions new contracts with some extensions projects.
US$200millions are old contracts going to take effective cannot count in else double....counting.....
Anyway.....their contracts won are much more than YZJ, sure will over take YZJ very soon to go over $1.80
ascend88 ( Date: 12-Sep-2013 20:11) Posted:
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Total 566 million$
ya thanx just saw at sgx Swee
ruanlai ( Date: 12-Sep-2013 18:31) Posted:
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timing so zhun?
HUAT AHHHHHHHHHHHHHHHHHHHHHHHHH !!!
ruanlai ( Date: 12-Sep-2013 18:28) Posted:
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http://infopub.sgx.com/FileOpen/COSCO_ANNOUNCEMENTS_12092013.ashx?App=Announcement& FileID=256126
NoMoney ( Date: 12-Sep-2013 18:30) Posted:
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sure? huat ah..... can slowly earn back my lost =D
ruanlai ( Date: 12-Sep-2013 18:28) Posted:
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A) COSCO SECURES OFFSHORE AND SHIPBUILDING CONTRACTS TOTALING USD366 MILLION (B) OFFSHORE CONTRACT VALUED AT MORE THAN USD200 MILLION DECLARED EFFECTIVE
Tomorrow will be open at 90cents.....
huat lar......
hard to say cause last time yzj and this one the price always matching one so I gamble on this hope can gap up to at least 90cent
ronleech ( Date: 12-Sep-2013 17:15) Posted:
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look at this chart will give everyone better idea...
krisluke ( Date: 12-Sep-2013 12:42) Posted:
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