Latest Forum Topics / YZJ Shipbldg SGD Last:2.5 -0.03 | Post Reply |
Cruising with the ship ..Yangzijiang
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wongeric
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17-May-2013 11:14
Yells: "go for it!" |
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after shorty left the counter, what can they do, hope that the price goes lower and buy back....  but most shorties short when their financial  cannot hold, which is the bottom price, so many times they are reliasing the lost and never able to get back. |
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ynnek1267
Master |
16-May-2013 20:11
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Hope you research pay you.
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cheongsl
Master |
16-May-2013 19:50
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For short terms wise, market is just a psychological (technical take precident) game, for long terms wise, it is more a fundamental market. It is good to have shortest around as it pervent the market from getting overhot prematurely. But please don't call me expert, as I am not. I am just more deligent in doing my homework or more deligent in sharing my views. Cheers.
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ynnek1267
Master |
16-May-2013 19:30
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Whatever lah. See tomorrow up or down loh. Wahahahaha! !!!!
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cheongsl
Master |
16-May-2013 18:57
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Don't really agreed with the reasoning. Over capacity?? In the free economy, their is always  supply  and demand fluctuation, except in those monopolise business. How do you justified that it is overcapacity? There is always some supplier that is willing to go for lower earning, but the issue is cut cost does it equal to same quality? It is only a matter of buyers whether they were willing to get lower graded product, or look for quality. Like what Mr Ren mention he will not accept any business that is lossing money, not even strategy reason. That is why  Yang still manage to keep the profit margin high with the exploration of other means of getting in income. The life span of vessel is very long, you can continue to operate even 50years later, but what costly will be the maintainance, to get the inspection certificate for continue to operation, the overhaul to meet the inspection, the insurance for the vessel actually rise more after 10years of life, thus it become more and more costly to maintain with years increase.
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Blanchard
Senior |
16-May-2013 14:23
Yells: "Winners cry..... Losers smile....." |
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Agreed. Must give credit to YZJ for her relative outperformance....
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ynnek1267
Master |
16-May-2013 14:06
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This industry will never recover due to over capacity, no matter on built vessels in the market or available building capacity in the shipyards in china, korea, japan, vietnam, philipines, indonesia, malaysia, brazil,  middle east  and etc. The negotiation power is on buyers side, a tender of new vessels can go around to all these countries shipyards for  cutting the  built cost  and  profit margin will be very low. The life span of a vessel is 20 years and above, this is not your mobile phone which is less than 2 years.  
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Flyordie
Veteran |
16-May-2013 12:58
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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Haha, although u are shorting and I am longing. But we have 1 common purpose. To win some $. We are friend not enemy. Friend should console each other when 1 of them is down. But nit pour the salt onto dead frog. I love u, bro ynnek
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ynnek1267
Master |
16-May-2013 12:30
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Wahahahaha!!!!!!!
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cheongsl
Master |
16-May-2013 12:29
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His luck is not there recently, everytime he short the market goes against him lah, how to wahahaha.
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Flyordie
Veteran |
16-May-2013 12:27
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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Eh....this time no wahahaha
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Tomique
Master |
16-May-2013 11:55
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Long term investing in YJZ is much better.   Then you can whenever it drops say by 5 cents, just buy and enjoy the dividends every year.   Then when you have got 5 years dividends equivalent to more than 25% (assuming dividend is always 5 cents while compound interests not included and also assuming it always hovers between 80 cents to $1.20 fluctuation), you have the option to liquidate at the higher price if you want to after the 5 years.   By then (after 5 years)   you sure to have made good money.  | ||||
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ynnek1267
Master |
16-May-2013 11:39
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Back to original in the afternoon. Tomorrow continue to drop!!! |
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oldflyingfox
Master |
16-May-2013 11:34
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Look like shorties are chasing to cover their positions now, up more than 2% @$0.895. Cats chasing after their own tails. If it could break $0.915 in these few days,  it marks the end of the downtrend that started in January. | ||||
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Flyordie
Veteran |
16-May-2013 09:39
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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Rain stop | ||||
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Flyordie
Veteran |
16-May-2013 07:37
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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Raining over night.. | ||||
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ynnek1267
Master |
15-May-2013 22:54
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Wahahahhahahahahahah!!!!!!!!! you, expert stuck in YZJ. Wahahahahaha!!!!!!! No matter short term, long term or what term, YJZ is pointing downward, down down down. Wahahahahaha!!!!!!!!!!!!
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darkknight
Member |
15-May-2013 22:43
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Yes, but this is old news from Apr and included in their  Q1 order book. I  think  they are expecting/hoping to close the remaining seaspan orders, given the $2B order target from Mr Ren. Shipping and ship buildings usually lag other counters by 9 months or so, if u are investing for long term, the 20% up and down shouldn't matter. My view and experience  only though, frog master might not agree, but that doesn't bother me. )
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cheongsl
Master |
15-May-2013 22:26
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Seems like you don't know the different between fundamental and technical and also short terms and long terms.
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Blanchard
Senior |
15-May-2013 20:49
Yells: "Winners cry..... Losers smile....." |
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  New Yangzi Shipbuilding Wins Kamsarmax Bulkers http://en.eshiptrading.com/news/d/221/4969/ Five 82,000dwt Kamsarmax bulkers at a cost of $27.0m apiece with a total value of $130.0m.... (in USD?) |
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