Yangzijiang *Official* (SGX: BS6)

[lbs]

I think cannot assign as zero ba
Their cash + HTM assets together account for more than half the nav

Balance is their yards and property

then i will leave it alone ... too risky.
with meiguo waiting to ji ba boom, i think i can wait.

 

[henrylbh]

Those interested in yzj can check out the vb forum thread on it
A few of their regulars have core positions on yzj
Even their moderator city farm betting big on it
But they bought high and now sitting on big paper losses

My average cost $1.035

 

[xSieghartx]

My average cost $1.035

Same here, average of $1.02, gonna watch and see, not planning to average down (already did so once when it fell to 0.91.

 

[789asd]

YZJ is down almost 15% since earnings results and several brokers like DBS coming out with a buy rating. I think today it will bottom out. At 0.75a share and 5%+ dividend its worth buying today.

 

[henrylbh]

Wah gg sobs
U have any plans to average down?

Have averaged down from 1.29. Last purchase was 96c.

 

[henrylbh]

Wah then like that now how?
70+ hoot again?

How to average when another 10,000 shares will bring average down by about 2c only?

 

[789asd]

How to average when another 10,000 shares will bring it down to by about 2c only?

buy triple the original amount.

 

[Maeda_Toshiie]

Those interested in yzj can check out the vb forum thread on it
A few of their regulars have core positions on yzj
Even their moderator city farm betting big on it
But they bought high and now sitting on big paper losses

Hmm, a bit like my position on SCM... Certainly a risky play.

 

[henrylbh]

buy triple the original amount.

That would cost the average price of a 4rm hdb flat

 

[henrylbh]

Both yzj and smm dropped a lot this year

Both super cyclicals stock


Dunno to bet that its the bottom already or not
Sibei tricky and high risk

More important is whether it's profit has bottomed.

 

[789asd]

Exploring M&A opportunities for long-term growth. The
Chinese shipbuilding industry has shrunk from over 3,000 yards
to less than 100 currently. Further consolidation is underway,
probably ending with 20-30 survivors, and Yangzijiang will
surely make the list. Yangzijiang’s acquisition of a 2.8% stake in
Shenzhen-listed system supplier Beijing Highlander Digital Co.
Ltd (“Highlander”) could in the longer run, pave the way for
Yangzijiang to enter the military vessel space

might as well claim they can build spaceships because the word ends with ship to be honest, no facts to back the suggestion is rather weak by the analyst.

 

[ccostagmont]

FAKE RALLY!

HAI SI LANG... PUMP TO 760 THEN BB RUN ROAD.

 

[Average]

FAKE RALLY!

HAI SI LANG... PUMP TO 760 THEN BB RUN ROAD.

dk who pump sia

Sent from clementi toilet cubicle five using GAGT

 

[Weaboo]

Mentioned on RK's blog...

i tot he quite bullish on yzj...

 

[henrylbh]

Brought forward 30 lots from last year at 1.21 ($36,545).

During the year, tried averaging down and now paper loss $39k

 

[strangerjun]

Is the bottom here and ready to sail?

 

[shareholder]

Is the bottom here and ready to sail?

The ship building cycle is very long one. About twenty years or more. So the next peak may be after 2030.

 

[Weaboo]

eh i forgot i still have this. hows the results?

 

[strangerjun]

eh i forgot i still have this. hows the results?

I never see got any announcement made.

 

[Weaboo]

I never see got any announcement made.

knn, wens the results announcement?