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YZJ Shipbldg SGD    Last:2.24    -0.01

Massive selldown for Yangzijiang

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AK_Francis
    27-Mar-2008 18:03  
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Broker msg me early the morning that Ygz B56 rated by Credit Suisse as outperformed. It closed at .88 yesterday. When I got time to take a glance of it, ayah its already up 3.5cents leow. It is one the portfolio I monitor closely.

It high 2.87 and low is 0.78. Hmmm, hand a bit itche but many analysts always say that the high rise metal cost may affect its performance. Moreover China stocks here were suffering declining gradually, thats could be attributed to the China Local discouraging stock investment.

For those Bro/Sis who have this joke, I give you all the full support, may be keep few for my grandchildrens, he he.
 
 
surfboard
    27-Mar-2008 17:39  
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Fantastic sailing today.....1.0 mark coming soon ......Smiley
 
 
AT01167
    27-Mar-2008 11:34  
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going to load more as broke 0.915
 

 
AT01167
    27-Mar-2008 11:26  
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just touched 0.9
 
 
surfboard
    27-Mar-2008 11:24  
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Seems ship picking up steam now.....
 
 
sterny
    27-Mar-2008 11:10  
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Hope it rises and i will buy at a more safe price. As long as above 0.910.
 

 
AT01167
    27-Mar-2008 10:24  
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above OP now 

Hmm Hmm Hmm

Interesting day for YJZ 
 
 
louis_leecs
    26-Mar-2008 23:04  
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learn my mistake in last trading when market open hight but never sell,,,,now i sell in strenght follow buy low at 845cts,,,,,morning thro my first batch at 0,905 after market open,,,,then q all my pofolio at 92cts,,,,,,im out again,,,,,,all out at 92cts,,,,, im thought there going to test 97cts but open low so i res throw my all yangzijiang at 925am,,,,,left the market again,,,,,,,hope who buy low can leave the ship safety ....bye,,,,waiting time again
 
 
Fairygal
    26-Mar-2008 20:51  
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When you do a project, you will also look up references in a few books/sources, and then after reading your materials, you will decide which part you want to use which is relevant. Its just that in recent month, the target price for most counters from the professional analysts is often ??????.  As such, retail investors felt frustrated when reality is not equal to theory. We still have to do our homework, read papers/other media sources, and sharejunction.com and then ultimately form our own decision.
 
 
Farmer
    26-Mar-2008 20:43  
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Can't blame them because that's their job, further more, they may not alway get insider info thus may miss their recommendations totally. Thus, its up to you to make choices and do your home work...a little luck involve too.
 

 
fivestar
    26-Mar-2008 20:30  
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I'd like to trust some of our forumers rather than those mainstream analysis. If they set target price at $1.2, actually it can go to $2.4 or $0.6, depending on which way they want to trap you.
 
 
surfboard
    26-Mar-2008 20:05  
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DJ MARKET TALK: Credit Suisse Cuts Yangzijiang Target To S$1.20

Meaning can chiong to 1.20 isn't ? Smiley

 
 
Farmer
    26-Mar-2008 20:04  
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How come target price so low only? Dun bother about analysts/brokers' call. Trading range will be bet. 75-100cts(3-4x its NAV) for the short term...that's what i see.
 
 
ghlau935
    26-Mar-2008 19:37  
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DJ MARKET TALK: Credit Suisse Cuts Yangzijiang Target To S$1.20
 


0032 GMT [Dow Jones] STOCK CALL: Credit Suisse cuts Yangzijiang (BS6.SG) target price to S$1.20 from S$2.00; maintains Outperform rating. Broker lowers FY09-10 earnings estimates 12%, 23% due to potential margin hit from higher material costs, particularly steel. But says company still offers value relative to peers; "after being heavily sold down on fears over margin squeeze and slower demand, Yangzijiang appears oversold to us." Share closed +10.8% at S$0.92 yesterday. (KIG)
 
 
cyjjerry85
    26-Mar-2008 16:51  
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hope it won't be a joke on April fool's day...haha~ Smiley it will be good if ppl will laugh all the way to the bank come April with this counter
 

 
xingglobal
    26-Mar-2008 16:45  
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This submarine needs time to surface.... otherwise it will be shot down by shortist.....

Look likes yesterday closing was due to short covering.... we shall see this submarine surface to a shallow depth on April fool day... 



cyjjerry85      ( Date: 26-Mar-2008 16:27) Posted:

would be encouraging if close above $0.915..but not much time left today..maybe later this week? 

 
 
cyjjerry85
    26-Mar-2008 16:27  
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would be encouraging if close above $0.915..but not much time left today..maybe later this week? 
 
 
surfboard
    26-Mar-2008 15:47  
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Here comes the iceberg.....
 
 
AT01167
    26-Mar-2008 15:34  
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broke 0.9 support :(
 
 
surfboard
    26-Mar-2008 14:22  
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Taking the beating at 0.9 well...Smiley
 
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