Latest Forum Topics / YZJ Shipbldg SGD Last:2.44 -0.09 | Post Reply |
Cruising with the ship ..Yangzijiang
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louis001
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15-May-2012 22:45
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tdy closed 1.075..... if xd, price go down to 1.02,,...gain CD but lose capital... if xd and price go up,,, than good luck to all....  if buy after xd, no CD but get at lower price...LPPL.....LOL... 
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wangerism
Veteran |
15-May-2012 16:45
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but not for long...  
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oldflyingfox
Master |
15-May-2012 16:38
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Look like it will be above $1 when it xd tomorrow. | ||||
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Bopanha
Master |
15-May-2012 11:38
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By the time the sign shows up, it will be 3 cents more to buy.
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Sgshares
Elite |
15-May-2012 11:35
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no sign of turning up yet | ||||
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Bopanha
Master |
15-May-2012 11:32
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Time to buy Yanzijiang.  Bear will very soon be slaughtered.  This market is really at its bottom, final phase liao. How low to go? I doubt much.  Start collecting and wait for good news to come.  But beware of some more bank collapses before the market rises.  That is why buy slowly is better. | ||||
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Hawkeye
Veteran |
15-May-2012 11:02
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No kidding. I invest in Yangzijiang since after 2007 crash. Had my share of gain and loss and .... shock and awe.
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louis001
Master |
15-May-2012 10:55
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thanks...in that case, wait after XD... and get it < = 0.99...this sounds even more tempting like a better deal.... are you part of the fund ....or just say for fun only ? just kidding...lol.. 
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Hawkeye
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15-May-2012 10:44
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After dividend, fund will sell sell sell sell, drop drop drop drop further than Cosco. Thats Yangzijiang
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louis001
Master |
14-May-2012 21:30
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very....very tempted to get some at around 1.05+- if it ever comes these 2-3 days...........  
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oldflyingfox
Master |
11-May-2012 09:26
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It started to rebound from from yesterday close of 1.08. | ||||
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Hawkeye
Veteran |
10-May-2012 21:12
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The catch is after 2H2012, YZJ order book is about 80% from one source Seaspan.
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Howe123
Member |
10-May-2012 15:53
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no wonder seems like endless buying at 1.08
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Hawkeye
Veteran |
10-May-2012 15:17
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http://www.asiasis.com/index.htm
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oldflyingfox
Master |
10-May-2012 15:13
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Hi Haweye, where did u get this good news from? I can't find it from the SGX annourcement. Tks. |
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Bopanha
Master |
10-May-2012 14:57
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Start buying now whenever it dips, the more the better because it can only be temporary dipping. Spiking up is coming. | ||||
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Hawkeye
Veteran |
10-May-2012 14:48
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China's Jiangsu Yangzijiang Shipbuilding is to sign a letter of intent for 18 10,000-teu ultra-large boxships with Seaspan of Canada, it announced. Seaspan placed an order for seven same-sized newbuildings at Yangzijiang, valued at $700m in total, in June 2011. Recently revealed 18 newbuildings are said to be optional vessels from the last contract. 18 additional newbuildings are expected to total around $1.8bn and would be formally signed up, one by one, starting from the second half of this year. Local sources said that all of 18 newbuildings would successfully be sealed in H2, as China Development Bank would provide ship financing to Seaspan. Therefore, Yangzijiang would easily achieve $2.5bn of new order target this year. Kim Eng Securities forecast that Yangzijiang would boost up its new order by reducing its marginal profits, amid troubled shipbuilding market. Published : May 10, 2012 |
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alooloo
Veteran |
10-May-2012 09:55
Yells: "I am not young enough to know everything. " |
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Seriously, carefully look again... This one can drop to 70-80cent if market outlook is negative... Don't forget what happend half year ago....
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louis001
Master |
09-May-2012 21:58
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it better stay above 1.05,,,,otherwise   after XD -5.5cts....it will go under 1.0.. very tempted to get some at around 1.05+- if it ever comes...looking attractive now..
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wangerism
Veteran |
09-May-2012 15:12
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lets see if it will go down to 1. its distant cousin juz reported bad results...  
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