
I no expert...but just look at what China's facing now, high inflation, high commodities price, high property price, stock market down for the pass wks...... moreover, their PM even said this year will be difficult for China's economy. How to cheong for C-stock?
Maybe a short technical rebound if market is up tomorrow.
Selling overdone.....do look attractive now....any expert advices....
An ugly hammer is still a hammer.
Yangzijiang |
Opened 0.840 |
Last 0.825 |
-0.010ct | -1.2% |
Vol 32,124,000 |
813,000 |
Buy 0.820 |
Sell 0.825 |
110,000 |
High 0.845ct |
Low 0.795ct |
there were 8 times of raising the fuel price and not even half a cent reduce.... too bad that's reality of life..... so let bear with it till we can live with it... cheers
talk about YZJ, i really think it's undervalued..... i really tempted to chiong in...... but i think really it's about time that stock rebound.

How long is the suspension period?
Beside the global market atmosphere condition, we still need to watch out the metal price. As far as the metal price still rising up, then thats self explanary why counters related to metal are affected. This can be substatiatted by high flying crude oil, which hit most on the transportation related field, including those cars you are driving, ha ha.
BTW, don't tell people ah, my driving licence was suspended by Traffic police owing dring driving. My car now is at showroom(carpark) and my son seldom drive due to expensive parking charge at his place of work. The 8 cents increase on petrol lately not that much pinch on me leow. Hope petrol will go down next yr:)
It has hit a new all time low at $0.795. Now it seems to have stabilized at $0.81.
its like titanic leh...but its simply so not romantic to be on board...sinking every day
down down down....
Hoho! This isn't the only ship who's sinking...many others also set all time low in their trading price. Those counters with high PE ratio will bear the burn most but that doesn't mean those with the least PER aren't dropping like a rock. It's basically beyond our control. So relax and take a deep breath...and let the market ride out the bears over time. By then, those company with sound/strong fundamental should rebound and rally again.
Bit by bit this ship is sinking...when will it reach the bottom is a question. Either jump or hold on to the ship ! Good grief ! God save the ship !!!
Might have a rebound when the selldown today was so fierce. However, the DOW futures is not saying that yet. Today's selldown did factored in the DOW Futures of about -200 point. If tonight close green, we shall a technical rebound, if not then good luck. Tonight green very hard lah!
i will join the buying Q if reversal really happens.... I hope will be soon... must catch the fast moving vessel.... uptrend to come will be fierce...
cheers

its like a knife dropping down....dunno when it will end....but definitely when there is a reversal confirmation...many would probably buy up YZJ
Yangzijiang | 0.840 | 0.835 | -0.045 | -5.1% | 31,686,000 | 150,000 | 0.830 | 0.835 | 28,000 | 0.870 | 0.820 |
Time | Last | Volume | Bid/Ask |
17:05:04 | 0.835 | 565,000 | X |
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
0.820 | 1 | 50,000 | 50,000 | 0 | 0 |
0.825 | 90 | 4,017,000 | 3,623,000 | 0 | 394,000 |
0.830 | 149 | 6,893,000 | 3,203,000 | 0 | 3,690,000 |
0.835 | 207 | 3,686,000 | 1,496,000 | 565,000 | 1,625,000 |
0.840 | 181 | 3,819,000 | 1,423,000 | 358,000 | 2,038,000 |
0.845 | 163 | 4,937,000 | 3,724,000 | 0 | 1,213,000 |
0.850 | 279 | 4,852,000 | 2,129,000 | 0 | 2,723,000 |
0.855 | 86 | 1,389,000 | 242,000 | 0 | 1,147,000 |
0.860 | 22 | 1,556,000 | 1,162,000 | 0 | 394,000 |
0.865 | 34 | 484,000 | 108,000 | 0 | 376,000 |
0.870 | 1 | 3,000 | 0 | 0 | 3,000 |
TOTAL | 1,213 | 31,686,000 | 17,160,000 | 923,000 | 13,603,000 |
seems like when its all falling, people get pessimistic.
Fair value 0.70 cents to me.
As stated by someone, it's confirm a penny stock status. I would put a buy at ~75cts(3x NAV) provided its long term outlook remain intact. For the moment, its waiting time....
Opened at $0.84ct, now trading at $0.845ct - $0.85ct. Vol: 3,020 lots