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YZJ Shipbldg SGD Last:2.25 -

Cruising with the ship ..Yangzijiang

eh my observation quite choon leh :)

Yesterday up 2 cents today fall 1.5 still gain 0.005 cent in trade 2 days....:)

Perhaps its like warm up prepare top charge far

moneycow ( Date: 11-Nov-2013 18:00) Posted:

Its up than down. :)

Its like say up 2 cents than another day fall 1.5 cents. every few days like goes up o.005 cent that sort :)

Hopefully when result released it can shoot up 10 cents in one single day :) like at one stage in the past.............

BUT its good for long invester not contra ppl :)

Cheers.

14 Nov

frozentouch ( Date: 11-Nov-2013 23:26) Posted:

Any news of when the quarterly result will be released?

Results maybe v good ?

Aggressive buying at $1.21 Maybe 2,418 lots done which is 50% of today's volume. Can it be a fund house mopping up and is this likely to continue tomorrow ? Dangerous to play contra at this stage

moneycow ( Date: 11-Nov-2013 21:40) Posted:

Thought 52 weeks high was 1.205 today break higher. Hopefully it recovers higher than previous high of 1.43 and above :)

bookwormy ( Date: 11-Nov-2013 20:06) Posted:

So far it has been stuck at 1.19~1.21 level, but no matter what fluctuations are there this counter seems unwavered. Going strong perhaps?

Thought 52 weeks high was 1.205 today break higher. Hopefully it recovers higher than previous high of 1.43 and above :)

bookwormy ( Date: 11-Nov-2013 20:06) Posted:

So far it has been stuck at 1.19~1.21 level, but no matter what fluctuations are there this counter seems unwavered. Going strong perhaps?

Its up than down. :)

Its like say up 2 cents than another day fall 1.5 cents. every few days like goes up o.005 cent that sort :)

Hopefully when result released it can shoot up 10 cents in one single day :) like at one stage in the past.............

BUT its good for long invester not contra ppl :)

Cheers.

powerful closing....1.21....

slowly slowly....everyday....1-2 cents up...

beginners ( Date: 09-Nov-2013 18:24) Posted:

This ship really Cheong till I don't know my way home :)

don't play contra !

I excited for you all la...

i never buy...cos i cannot hold...no holding power now...

my sifu already enforced me no contra...

so i close door sharpen my knife everyday

bookwormy ( Date: 07-Nov-2013 10:11) Posted:

What are the chances of breaking through 52 week high? Muifan getting excited already? :D

bullish..... not queing to buy ..can see many just hoot immediately lol

muifan ( Date: 07-Nov-2013 08:58) Posted:

YZJ might be able to see 1.3 lol

shadow ( Date: 07-Nov-2013 00:11) Posted:

this maybe good news to yzj ... the fittest survive!

News : Chinese shipbuilding capacity to drop 30% by 2015

Ningbo: Beijing is determined to lead the shipbuilding industry to upgrade and transform, primarily through reducing capacity, Bao Zhangjing, director of the China Shipbuilding Industry Research Center told delegates at the Cosco-organised World Shipping Summit in Ningbo today.

?In the first three quarters of this year, the occupancy rate of China?s shipbuilding capacity has dropped to 50%-55%, the overcapacity problem is very serious,? Bao warned.

The government has introduced several policies to reduce capacity by prohibiting new yards and drydocks, encouraging mergers and shifting capacity to other industries. Shipyards which have not been getting any new orders for a certain period of time will also be eliminated. ?However, the aim of the policies are not simply reducing capacity, but to enhance the overall competitiveness of the industry,? Bao said.

?Through all these efforts, it is estimated that China?s overall shipbuilding capacity will be reduced by 30% in 2015,? Bao concluded. [06/11/13]