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YZJ Shipbldg SGD    Last:2.87   -

Cruising with the ship ..Yangzijiang

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cheongsl
    26-Apr-2013 23:46  
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That depends on your target price, my average accumulation prcing is still  slightly above the current pricing. If you think, the peak for this counter is 0.98 then it is risky to enter now. My current target is $2, so I will continue to accumulate at any technical price that show a uptrend. Unless there  is major changes to the economy climate or there is strong indication of this counter is defaulting or ... I will still hold on my target. 

gavinl      ( Date: 26-Apr-2013 16:12) Posted:

Now buy a bit too late right?
When 925, 93 or even 935 should start buying already.

 
 
cheongsl
    26-Apr-2013 23:27  
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Continue to accumulate as shipbuilding recovery trend is still intact.

China: Shipyards Enjoy Big Rise in Q1

The nation's shipbuilders received 9.57 million deadweight tonnage of new orders in the first quarter of the year, a 71.1 percent surge on last year, but analysts still expect vessel prices to remain low because of newly added capacity.
The first quarter figures compare to 5.59 million DWT in the same period last year, according to the China Association of the National Shipbuilding Industry.
The rising new order book is in line with global industry trends, which show that shipbuilding orders grew 44 percent from a year ago to 20.58 million DWT for the quarter.
Industry analysts believe the global shipping industry has bottomed out and expect to see a pick up in fortunes next year and in 2015.


warrenbegger      ( Date: 26-Apr-2013 23:11) Posted:

:)

 
 
cheongsl
    26-Apr-2013 23:15  
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Yes, Yang Zi Jiang is  an index share  in 2008 and also out of STI index share in 2008, short live in STI.

sk6666      ( Date: 26-Apr-2013 14:37) Posted:



Extracted from another yzj thread. Was yzj a sti component in 2008? Any pioneer here can update us. 

 
787180           ( Date: 23-Oct-2007 10:46) Posted: 

Posted: Tue Oct 23, 2007 10:39 am      Post subject:Reply with quote  Edit/Delete this post  Delete this post

Yangzijiang tested $2.87 recently again 

-------------------------------------------------------------------------------- 
Believe YZJ will cross $3 and heads towards $3.50-$4.00 when included in STI index in 2008 and when QII funds start buying..will be another Cosco and Yanlord..many shorted recently at $2.70 but it continues to move up after hitting alow of $2.49 on Oct 23 



Yangzijiang Shipbuilding 

-------------------------------------------------------------------------------- 
Yangzijiang To Bounce To S$3.20 Resistance: OCBC 

[Dow Jones] Yangzijiang Shipbuilding (BS6.SG) +3.4% at S$2.77 OCBC says charts tip bounce up to resistance at S$3.20. 

" The short-term stochastic indicator has reversed direction from its dip close to the oversold zone, signaling further upside lies in the days ahead," research note says. 

Adds stock showing signs of recovery after three-day pullback, falling to low of S$2.43 on Oct. 17 before reversing to close above the 23.6% Fibonacci retracement level. 

Also notes bullish candlestick pattern formed yesterday support level set at 38.2% Fibonacci level of S$2.29.
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Geneva88      ( Date: 26-Apr-2013 14:13) Posted:



If i rem correctly this counter was once one of the STI components




 

 
warrenbegger
    26-Apr-2013 23:11  
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:)
 
 
cheongsl
    26-Apr-2013 23:06  
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Get in somemore on last wednesday, after confirmation of CCI, MACD, Stochastic divergence.



warrenbegger      ( Date: 26-Apr-2013 20:58) Posted:



I load first at 940, I think this px can buy.

Few days later someone throw to me at 935, I collect bit by bit.

Then 930, then again 925... After that I stop loading cause i not sure when the throwing will stop.

My other plan if stock doesn't crash is to do  AD at around 895 again to build a bottom base. Then continue AD till I think is enough.

In stock is never too late if u can see the value, drop a bit won't die, up a bit also don't happy too fast. Stock market is heartless.

If after  few months the px shoot up to $1.3. u might think that time why I didn't buy around 950+.

We never know what will happen next, just plan and prepare if worst come. If not, just happy all the way to the tops.

If u afraid to climb the highest mountain, u miss the best view of your whole life. (This doesn't apply to chase over px stock)

Some of my friend told me not to buy SGX that times, I load big big let them see how I climb. I won it  :)

 

gavinl      ( Date: 26-Apr-2013 16:12) Posted:

Now buy a bit too late right?
When 925, 93 or even 935 should start buying already.


 
 
warrenbegger
    26-Apr-2013 20:58  
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I load first at 940, I think this px can buy.

Few days later someone throw to me at 935, I collect bit by bit.

Then 930, then again 925... After that I stop loading cause i not sure when the throwing will stop.

My other plan if stock doesn't crash is to do  AD at around 895 again to build a bottom base. Then continue AD till I think is enough.

In stock is never too late if u can see the value, drop a bit won't die, up a bit also don't happy too fast. Stock market is heartless.

If after  few months the px shoot up to $1.3. u might think that time why I didn't buy around 950+.

We never know what will happen next, just plan and prepare if worst come. If not, just happy all the way to the tops.

If u afraid to climb the highest mountain, u miss the best view of your whole life. (This doesn't apply to chase over px stock)

Some of my friend told me not to buy SGX that times, I load big big let them see how I climb. I won it  :)

 

gavinl      ( Date: 26-Apr-2013 16:12) Posted:

Now buy a bit too late right?
When 925, 93 or even 935 should start buying already.

 

 
pseudo
    26-Apr-2013 18:41  
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Very nice! Thx for the post.

tkc_drew      ( Date: 26-Apr-2013 17:56) Posted:

Conclusion from AGM 1) They are building their first oil rig. 2) next week they will release NEW shipping.orders ) stay tune

 
 
Flyordie
    26-Apr-2013 18:25  
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With the new order annoucement releasing+divident confirmation. Hoo hoo hoo...

tkc_drew      ( Date: 26-Apr-2013 17:56) Posted:

Conclusion from AGM 1) They are building their first oil rig. 2) next week they will release NEW shipping.orders ) stay tune

 
 
ballball
    26-Apr-2013 18:18  
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I boarded this ship juz ytd. Waited outside for very long liao...

halleluyah      ( Date: 26-Apr-2013 18:08) Posted:

Sista ballball, since when u r inside tis ship. Wonder where is the frog master? Guess must hv drown in the sea liao....no news of him....lol

ballball      ( Date: 26-Apr-2013 17:04) Posted:

sweet.


 
 
ballball
    26-Apr-2013 18:15  
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Sister halleluyah, I guessed he could be inside the bbq pit liao...haha

halleluyah      ( Date: 26-Apr-2013 18:08) Posted:

Sista ballball, since when u r inside tis ship. Wonder where is the frog master? Guess must hv drown in the sea liao....no news of him....lol

ballball      ( Date: 26-Apr-2013 17:04) Posted:

sweet.


 

 
halleluyah
    26-Apr-2013 18:08  
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Sista ballball, since when u r inside tis ship. Wonder where is the frog master? Guess must hv drown in the sea liao....no news of him....lol

ballball      ( Date: 26-Apr-2013 17:04) Posted:

sweet.

 
 
sk6666
    26-Apr-2013 18:07  
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Thank you!

tkc_drew      ( Date: 26-Apr-2013 17:56) Posted:

Conclusion from AGM 1) They are building their first oil rig. 2) next week they will release NEW shipping.orders ) stay tune

 
 
tkc_drew
    26-Apr-2013 17:56  
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Conclusion from AGM 1) They are building their first oil rig. 2) next week they will release NEW shipping.orders ) stay tune
 
 
ballball
    26-Apr-2013 17:04  
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sweet.
 
 
warrenbegger
    26-Apr-2013 16:38  
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Shortist still haven't all inside BBQ pit yet  :)
 

 
gavinl
    26-Apr-2013 16:12  
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Now buy a bit too late right?
When 925, 93 or even 935 should start buying already.
 
 
Flyordie
    26-Apr-2013 15:53  
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Last call, NO MORE BETS !
 
 
pcscorpio
    26-Apr-2013 14:40  
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vard gonna join yzj as a underated shipyard
 
 
sk6666
    26-Apr-2013 14:37  
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Extracted from another yzj thread. Was yzj a sti component in 2008? Any pioneer here can update us. 

 
787180           ( Date: 23-Oct-2007 10:46) Posted: 

Posted: Tue Oct 23, 2007 10:39 am      Post subject:Reply with quote  Edit/Delete this post  Delete this post

Yangzijiang tested $2.87 recently again 

-------------------------------------------------------------------------------- 
Believe YZJ will cross $3 and heads towards $3.50-$4.00 when included in STI index in 2008 and when QII funds start buying..will be another Cosco and Yanlord..many shorted recently at $2.70 but it continues to move up after hitting alow of $2.49 on Oct 23 



Yangzijiang Shipbuilding 

-------------------------------------------------------------------------------- 
Yangzijiang To Bounce To S$3.20 Resistance: OCBC 

[Dow Jones] Yangzijiang Shipbuilding (BS6.SG) +3.4% at S$2.77 OCBC says charts tip bounce up to resistance at S$3.20. 

" The short-term stochastic indicator has reversed direction from its dip close to the oversold zone, signaling further upside lies in the days ahead," research note says. 

Adds stock showing signs of recovery after three-day pullback, falling to low of S$2.43 on Oct. 17 before reversing to close above the 23.6% Fibonacci retracement level. 

Also notes bullish candlestick pattern formed yesterday support level set at 38.2% Fibonacci level of S$2.29.
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Geneva88      ( Date: 26-Apr-2013 14:13) Posted:



If i rem correctly this counter was once one of the STI components



 
 
pseudo
    26-Apr-2013 14:15  
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Frontline2012 loi to yangzijiang doubtful.
http://www.lloydslist.com/ll/sector/ship-operations/article421606.ece
 
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