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Cruising with the ship ..Yangzijiang

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juzwonder
    26-Apr-2013 08:58  
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Shipbuilder Yangzijiang on Friday posted a 30 per cent slide in net profit to RMB717.2 million for its first quarter ended March 31, 2013, down from RMB1 billion a year ago.
Revenue for the quarter fell 22 per cent to RMB2.9 billion, from RMB3.7 billion a year earlier, hit by lower contributions from its core revenue driver, the shipbuilding related segment.
" The group was affected by the challenging environment faced by the overall commercial shipbuilding industry, which resulted in the cessation of one additional shipbuilding contract in 1Q2013, as well as the cessation of four shipbuilding contracts in 4Q2012 which impacted the original delivery schedule.
" As a result, the group delivered nine vessels in 1Q2013, compared to 15 vessels in 1Q2012," it said.

 
 
oldflyingfox
    26-Apr-2013 08:50  
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Nowadays, share price went up on AGM day. Will this also happen to this counter today?
 
 
Oldbird
    26-Apr-2013 08:39  
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Under current global economic situation, YTZ again delivered consistent good results…Cheers

Flyordie      ( Date: 26-Apr-2013 08:30) Posted:



Get ready get ready

SmileySmileySmileySmileySmileySmileySmileySmiley 

 

 
Flyordie
    26-Apr-2013 08:30  
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Get ready get ready

SmileySmileySmileySmileySmileySmileySmileySmiley 
 
 
Blanchard
    26-Apr-2013 02:35  
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Financial Highlights


1Q2013

RMB'000


1Q2012

RMB'000


chg

%


 


 


Revenue


2,866,624


3,686,262


(22)


Gross Profit


1,033,773


1,218,535


(15)


Gross Profit Margin


36%


33%


-


Expenses *


(174,025)


(225,001)


(23)


Other Income


73,263


65,566


12


Other Gains


56,861


205,208


(72)


Net Profit Attributable to Equity Holders (PATMI)


717,173


1,017,693


(30)


PATMI Margin


25%


28%


-



Yangzijiang  1Q2013 earnings

 

*Expenses include administrative expenses and finance expenses.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_252EA8CA61FCFB1148257B58005FADED/$file/YZJ_Pressrelease_1Q2013_final_Eng.pdf?openelement

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_252EA8CA61FCFB1148257B58005FADED/$file/YZJ_PPT_1Q2013_Eng_Std.pdf?openelement

Are results within expectation?

 
 
warrenbegger
    25-Apr-2013 22:16  
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Result out soon
 

 
Flyordie
    25-Apr-2013 20:13  
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SmileySmileySmileySmileySmileySmileySmileySmiley 

Shhh.....Don't so loud....Later whole world know....

SmileySmileySmileySmileySmileySmileySmileySmiley 

WanSiTong      ( Date: 25-Apr-2013 11:56) Posted:

vested. Flyordie also vested @ 0.925 right ??

pcscorpio      ( Date: 25-Apr-2013 11:07) Posted:

Who is vested? 


 
 
ballball
    25-Apr-2013 17:04  
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@warren meimei - today's closing is as sweet as you!   :)
 
 
warrenbegger
    25-Apr-2013 16:40  
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Shortist still blue blur don't want to cover?

Waiting for BBQ ah?

 
 
 
tkc_drew
    25-Apr-2013 16:36  
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i have vested at 0.92 =)
 

 
WanSiTong
    25-Apr-2013 11:56  
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vested. Flyordie also vested @ 0.925 right ??

pcscorpio      ( Date: 25-Apr-2013 11:07) Posted:

Who is vested? 

 
 
pcscorpio
    25-Apr-2013 11:07  
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Who is vested? 
 
 
sk6666
    25-Apr-2013 10:53  
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The chance to close the gap before xd is very high.
 
 
sk6666
    25-Apr-2013 10:51  
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The yield based on 94c is 5.3%. Isn't is attractive? But, why the interest is not strong?

What is the problem here? 
 
 
WanSiTong
    25-Apr-2013 09:16  
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Dividend 5 cents Ex date : 8 May

Flyordie      ( Date: 24-Apr-2013 20:11) Posted:

Don't know is it real, my "boss" asked me to watch it closely...don't miss the boat

 

 
Flyordie
    24-Apr-2013 20:11  
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Don't know is it real, my "boss" asked me to watch it closely...don't miss the boat
 
 
warrenbegger
    24-Apr-2013 20:08  
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As long as the market don't crash,

$1.30+ is reachable if u can hold longer.

So how long? As long as the px got support.
 
 
warrenbegger
    24-Apr-2013 19:22  
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More than 20,000+ lots had been short last 2 weeks, and not much recover seen. They still enduring.

They don't like to bite meat, they choose to bite metal..

Vol big on short but px didn't press down that much, px will up very fast when they surrender.

Waiting for BBQ



oldflyingfox      ( Date: 24-Apr-2013 09:50) Posted:



About 3400 lots were shorten yesterday which is almost half of the volume, just wonder where got meat at this price level.

And it will xd on 10 May, and these shorties not covering by then, I think they  will need to pay the 5cents dividend.

 

 
 
oldflyingfox
    24-Apr-2013 16:56  
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today look like will close up at $0.93 or above, next target will be at $0.96
 
 
oldflyingfox
    24-Apr-2013 09:50  
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About 3400 lots were shorten yesterday which is almost half of the volume, just wonder where got meat at this price level.

And it will xd on 10 May, and these shorties not covering by then, I think they  will need to pay the 5cents dividend.

 
 
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