Latest Forum Topics / YZJ Shipbldg SGD Last:2.41 -0.03 | Post Reply |
Cruising with the ship ..Yangzijiang
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hlfoo2010
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05-Oct-2011 23:00
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--- IS BS6 still has good mgt & control system ?????       --- 港 报 : 温 家 宝 急 南 下 督 办 温 州 危 机 从 今 年 四 月 至 今 , 温 州 已 有 九 十 多 名 企 业 老 板 因 欠 下 巨 额 债 务 而 卷 款 外 逃 , 债 务 总 金 额 估 计 有 近 二 百 亿 元 , 随 时 引 发 一 场 中 国 特 色 的 区 域 性 金 融 危 机 , 引 起 中 央 高 度 重 视 ????????? Who are they ???????       |
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louis001
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05-Oct-2011 22:40
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Quote " ....  YZJ has invested Rmb10b in “held-to-maturity” assets, which generated about 27% of its 2Q11 pre-tax profits. With its huge exposure, YZJ risks impairing its earnings or wiping out 92% of its equity, should widespread defaults lead to a collapse of this financing system. " maybe this could be one that make some BBs uncomfortable and use it to whack YZJ in current market sentiments.... remember, all you need is a few BBs to sell down the share price.... |
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krisluke
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05-Oct-2011 19:29
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Yangzijiang: Local govt in Wenzhou city has announced on 28 Sep a set of new regulation on shadow bank lending (or private lending), including that private loan rates cannot exceed 4x China’s benchmark interest rate. Amid a credit clampdown on banks in China, many cash-strapped firms have turned to a thriving informal lending market, which charge exorbitant monthly interest rates, leading to a string of defaults where the factory owners have gone into hiding to avoid repaying loans. A growing number of Chinese companies have gone into this non-bank financing business in order to seek higher returns for their excess cash. Among them, YZJ has invested Rmb10b in “held-to-maturity” assets, which generated about 27% of its 2Q11 pre-tax profits. With its huge exposure, YZJ risks impairing its earnings or wiping out 92% of its equity, should widespread defaults lead to a collapse of this financing system. |
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Hunter2011
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05-Oct-2011 14:58
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i think so
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susan66
Master |
05-Oct-2011 14:53
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Most probably can prevent it from further selldown temporarily.
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Hunter2011
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05-Oct-2011 14:41
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Could the share buyback work this time ??   AmFraser: YZJ’s buyback mandate allows it to buy up to 10% of its shares outstanding. We expect the company to continue to repurchase its shares, as it has done so during the 2008 depths when it resolutely bought back a total of 228.2m shares or 6.25% of its shares between prices of $0.27 and $0.46. Since then, management’s judgment of the value of their shares was proven correct when the share price jumped nearly six-fold from an average of $0.36 to $2.09. Source: http://kfc1973-stock.blogspot.com/2011/10/yangzijiang-share-buybacks-have-begunam.html   |
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analyst
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05-Oct-2011 12:50
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Hong Kong market has closed for the Chung Yeung Festival (Double Ninth Festival) today. This festival is observed on the ninth day in the ninth month of the lunar calendar. This festival is in remembrance of a family who escaped a great disaster to his village during the Han Dynasty period on this inauspicious day. Those who celebrate this festival will be cautious and stay away from the market resulting in range bound price today.
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susan66
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05-Oct-2011 09:58
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Observe these 2 days hard to break 0.80, shorted 0.795. Still bearish to me. | ||||||||||||||||||
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lowchia
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04-Oct-2011 22:04
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On Tuesday, Yangzijiang re-test the support at $0.745 and closed at $0.77 with HIGH volume of 29.17 million shares traded. A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 8 falling windows in the last 50 candles–this makes the current falling window even more bearish. The two candles preceding the falling window were black, which makes this pattern even more bearish. Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish. RSI & MACD are bearish though RSI in oversold region. Immediate Resistance of Yangzijiang: $0.96 Immediate Support of Yangzijiang: $0.745 Currently prices are well below 20/50/100/200 days MA. Since April 2011, Yangzijiang has been ....................... READ MORE   |
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teeth53
Supreme |
04-Oct-2011 21:58
Yells: "don't learn through life, learn to grow with life " |
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Me too, then there's other like STXOSV oso chasing after  YZJ px  - YZJ direct competitor.
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teeth53
Supreme |
04-Oct-2011 21:53
Yells: "don't learn through life, learn to grow with life " |
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Now recently  starting from 0.89 (1m), now 0.84 (2m), Total now is 3million oni. Last time bot over 228 million shr. This time,  how much  shr will they buying up?. Still got some way to go... 
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louis001
Master |
04-Oct-2011 21:47
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if history is repeating itself right before our eyes, than some people are waiting at around 0.40 range to strike...and  2-yr from now  YZJ will go upwards to near $2 again?....HUAT HUAT AHHH....LOL...
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teeth53
Supreme |
04-Oct-2011 21:46
Yells: "don't learn through life, learn to grow with life " |
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Hope. We can benefit from ur  continous posting, hope to be info when YZJ boy back some or more then 200 million shr. Perhap  can consider buying then...thk Qs.
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krisluke
Supreme |
04-Oct-2011 21:34
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YangziJiang: -4.9% at $0.780 taking its fall since August to 46%, a level where mgt has started buying back shares. Fri, the company bought 1m shares at $0.89 and Mon bought 2m shares at $0.84. AmFraser, which has a Buy rating and $1.60 fair value, says it expects YZJ to continue to purchase shares, as it did during the 2008 depths (bought 228.2m shares between $0.27-$0.46). Add that history is repeating itself right before our eyes as jittery investors sell off the stock 18% in the last one wk. Expectations of Rmb4b of profits have not changed. YZJ as a business has certainly not lost 18% of its intrinsic value in the last week alone. Considers YZJ's 2011F P/B at 1.2X a steal given its ROE of 30%, while 2011F div yield of 7.8% looks likely to rise as YZJ continues to buy back shares. |
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iPunter
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04-Oct-2011 21:04
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October is an ominous month for stocks...     |
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teeth53
Supreme |
04-Oct-2011 21:02
Yells: "don't learn through life, learn to grow with life " |
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Hi wisebone, " Hope - Euro Crisis ends soon" teeth53 thot: Ur hope need to extend to NOV, 2011 liao. Deutsche Bank issued a profit warning on Tuesday, saying that it could no longer reach its full-year target amid market turbulence caused by the deepening debt crisis  … More  »Deutsche Bank issues profit warning while in U.S. stk futures  R falling sharply ahead of Federal Reserve Chairman Ben Bernanke's testimony b4 Congress on outlook for  d U.S. economy. THIS IS A BREAKING NEWS UPDATE (AP) Greece's int'l debt inspectors had originally been expected to recommend last mth that the country receive euro8 bil ($11 bil) tranche of a euro110 billion bailout package. But the inspectors' review of Greek reforms was suspended for several weeks amid talk of missed targets. Greece can wait until mid-Nov for bailout loans, previously said it would start running out of money in mid-October if it didn't get the bailout loans.teeth53:  Isit Greece's problem going to extend this debt into mth of Nov?.
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teeth53
Supreme |
04-Oct-2011 20:54
Yells: "don't learn through life, learn to grow with life " |
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Oct 3 (Mon), open gap down >   0.860 by -0.050 cents  and closed @0.820  (Hi-86 - Lo-0.82, Vol-23,997,000) and Today Oct 4 (Tues), see below on opening trade  - gap down -0.025 cents and closed lower to 0.770 cents.
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pharoah88
Supreme |
04-Oct-2011 17:50
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                                                                                        S$0.58 |
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pharoah88
Supreme |
04-Oct-2011 16:44
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S$0.58 nIce chErry |
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teeth53
Supreme |
04-Oct-2011 09:25
Yells: "don't learn through life, learn to grow with life " |
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Opening gap down again, not oni for today, is for this week trading.
 
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