I'm in for long term. Slowly accumulating, though held some at high but picking up pieces here and there.

Some advantages about this counter:
(a) 7 yards in China
(b) I think Sembmar has vested in this
(c) China is cheaper in labor than most countries. Long term, korean and spore yards cannot compete.
(d) China management will change for better after the milk fiasco.
(e) China is likely to be the next economic power in years to come.
(f) Good book order and economy seems stabilising after US election.

Of course there are some disadv as well like transparency, management, order cancellation etc.

I believe in it for next 10-15 yrs, this counter is a good counter to be invested. Might be the next sembawang shipyard or kepcorp equivalent.