YZJ Shipbldg SGD    Last:2.91    +0.03

Cruising with the ship ..Yangzijiang

i believe i can fly......

 

hmm ic.. think i getting too detailed & picky.. shouldnt be too mathematical about it haha.. afterall a lot of retailers in general do not go into such details.. bullish in long term, but is cautious about the rapid increase in share price.. hope it can sustain.. still waiting for bro samson confirmation of that huge contract win..

Oldbird      ( Date: 15-Sep-2013 21:01) Posted: Hi bro ... I am refering to the total revenue in ship building division excluding ship breaking and others like their financial income. I think it should be more accurate when we are comparing the ship building booking depletion rate. In 2011 is 14.6 B rmb or usd 2.24B in 2012 is 13.5 B rmb or usd 2.14B average ex rate were 6.5 in 2011 6.3 in 2012 Correct me if i am wrong..extract from ppt 2h announcement Cheers friend nqing87      ( Date: 15-Sep-2013 19:02) Posted: hi bro, thanks for sharing.. i saw from the full year report comparing 2012 vs 2011, 2012 revenue is 14.8 billion RMB vs 2011 15.7 billion RMB.. base on exch rate 6.12 RMB to 1 USD, 2012 is 2.4 billion USD, 2011 is 2.56 billion USD.. dunno how u get the values u stated, maybe u are using the exch rates at that time.. not sure how we should compare, but maybe we should compare in terms of RMB, as the US dollar is stronger in previous years.. so, 1 thing for sure, the performance this year in terms of getting order is slowed down.. that's what the figures show to me at current, so just doing a reality check and not be super crazy about the bull.. im not going to be a fortune teller & say if YZJ going do better or not in future, 'cos that's subjective.. im just putting this figures here so that bros who want more info to decide better with more information, not just having a thread filled with ppl having bullish sentiments saying price will go up.. i was always hoping a thread to be having more data/figures to support instead of just subjective opinions.. though if u ask me, im personally bullish about the 2 china shipyards in long term as they have hit rather low and is cheap, and as what u said, global econ is turning around..

 

Hi bro ...
I am refering to the total revenue in ship building division excluding ship breaking and others like their financial income. I think it should be more accurate when we are comparing the ship building booking depletion rate.
In 2011 is 14.6 B rmb or usd 2.24B
in 2012 is 13.5 B rmb or usd 2.14B

average ex rate were 6.5 in 2011
6.3 in 2012
Correct me if i am wrong..extract from ppt 2h announcement
Cheers friend

nqing87      ( Date: 15-Sep-2013 19:02) Posted: hi bro, thanks for sharing.. i saw from the full year report comparing 2012 vs 2011, 2012 revenue is 14.8 billion RMB vs 2011 15.7 billion RMB.. base on exch rate 6.12 RMB to 1 USD, 2012 is 2.4 billion USD, 2011 is 2.56 billion USD.. dunno how u get the values u stated, maybe u are using the exch rates at that time.. not sure how we should compare, but maybe we should compare in terms of RMB, as the US dollar is stronger in previous years.. so, 1 thing for sure, the performance this year in terms of getting order is slowed down.. that's what the figures show to me at current, so just doing a reality check and not be super crazy about the bull.. im not going to be a fortune teller & say if YZJ going do better or not in future, 'cos that's subjective.. im just putting this figures here so that bros who want more info to decide better with more information, not just having a thread filled with ppl having bullish sentiments saying price will go up.. i was always hoping a thread to be having more data/figures to support instead of just subjective opinions.. though if u ask me, im personally bullish about the 2 china shipyards in long term as they have hit rather low and is cheap, and as what u said, global econ is turning around..  Oldbird      ( Date: 15-Sep-2013 16:33) Posted: Here is what extracted from SGX announcement (end june) Booking order on hand USD 3.24B 2013 year to date order USD 1.22B with 2.87 optional contracts 2012 revenue was about 2.17B versa 2.37 B in 2011(record year) Judging from 1H results YZJ should deliver about the same result as last year or slightly lower. I would expect about 5 cents Dididend next year, also to resume it growth from 2014 year onwards.... when global econ turn around... What do u think YZJ will be... Cheers friend

 

hi bro, thanks for sharing.. i saw from the full year report comparing 2012 vs 2011, 2012 revenue is 14.8 billion RMB vs 2011 15.7 billion RMB.. base on exch rate 6.12 RMB to 1 USD, 2012 is 2.4 billion USD, 2011 is 2.56 billion USD.. dunno how u get the values u stated, maybe u are using the exch rates at that time.. not sure how we should compare, but maybe we should compare in terms of RMB, as the US dollar is stronger in previous years.. so, 1 thing for sure, the performance this year in terms of getting order is slowed down.. that's what the figures show to me at current, so just doing a reality check and not be super crazy about the bull.. im not going to be a fortune teller & say if YZJ going do better or not in future, 'cos that's subjective.. im just putting this figures here so that bros who want more info to decide better with more information, not just having a thread filled with ppl having bullish sentiments saying price will go up.. i was always hoping a thread to be having more data/figures to support instead of just subjective opinions.. though if u ask me, im personally bullish about the 2 china shipyards in long term as they have hit rather low and is cheap, and as what u said, global econ is turning around.. 

Oldbird      ( Date: 15-Sep-2013 16:33) Posted: Here is what extracted from SGX announcement (end june) Booking order on hand USD 3.24B 2013 year to date order USD 1.22B with 2.87 optional contracts 2012 revenue was about 2.17B versa 2.37 B in 2011(record year) Judging from 1H results YZJ should deliver about the same result as last year or slightly lower. I would expect about 5 cents Dididend next year, also to resume it growth from 2014 year onwards.... when global econ turn around... What do u think YZJ will be... Cheers friend nqing87      ( Date: 14-Sep-2013 23:31) Posted: i just realise that YZJ did not get much contract this year from the financial report i read.. " In 1H2013, the Group had secured a total of twenty-seven (27) effective shipbuilding contracts with an aggregate value of US$1.01 billion." the yearly revenue for YZJ is about 15billion RMB.. assuming 2nd half of 2013 perform same as 1st half, then they get about USD 2billion for the whole year, which is much less than the yearly revenue they getting.. this isnt that good, although their p/e ratio is still low.. cosco although hasnt been making much profit & p/e ratio is high, their order book is increasing, compare to previous years.. i would expect cosco to generate increase profit in future years when they delivered their order book.. the good thing about this 2 shipyards are that they got the govt support & are big, and with the drop in share price over the months, it is expected for them to pick up in share price.. whether they would fly even higher will depend on market sentiment on them, but if they continue to fly, they will be going ahead of their fundamentals..

 

Here is what extracted from SGX announcement (end june)

Booking order on hand USD 3.24B
2013 year to date order USD 1.22B with 2.87 optional contracts
2012 revenue was about 2.17B versa 2.37 B in 2011(record year)
Judging from 1H results YZJ should deliver
about the same result as last year or slightly lower. I would expect about 5 cents Dididend next year, also to resume it growth from 2014 year onwards....

when global econ turn around... What do u think YZJ will be...

Cheers friend

nqing87      ( Date: 14-Sep-2013 23:31) Posted: i just realise that YZJ did not get much contract this year from the financial report i read.. " In 1H2013, the Group had secured a total of twenty-seven (27) effective shipbuilding contracts with an aggregate value of US$1.01 billion." the yearly revenue for YZJ is about 15billion RMB.. assuming 2nd half of 2013 perform same as 1st half, then they get about USD 2billion for the whole year, which is much less than the yearly revenue they getting.. this isnt that good, although their p/e ratio is still low.. cosco although hasnt been making much profit & p/e ratio is high, their order book is increasing, compare to previous years.. i would expect cosco to generate increase profit in future years when they delivered their order book.. the good thing about this 2 shipyards are that they got the govt support & are big, and with the drop in share price over the months, it is expected for them to pick up in share price.. whether they would fly even higher will depend on market sentiment on them, but if they continue to fly, they will be going ahead of their fundamentals..

 

Have no relation with anyone. Solely 1 nick = Fly or die

ruanlai      ( Date: 15-Sep-2013 13:10) Posted: Flyordie.......are you related to  wait4opp.......why so big.....I not blind......lar..... Flyordie      ( Date: 14-Sep-2013 21:44) Posted: 3.6B????!!!!! You don't luan luan lai... Later mislead ppl  Anyway,vested...

 

Flyordie.......are you related to  wait4opp.......why so big.....I not blind......lar.....

Flyordie      ( Date: 14-Sep-2013 21:44) Posted: 3.6B????!!!!! You don't luan luan lai... Later mislead ppl  Anyway,vested...

 

At first I thot I Ruan Lai......Samson even more ruan lai......

Ha ha ha.....of course Me Ruan Lai......only make sense to ruan Lai.....

Does not make sense one......worst than ruan lai......must be Si Bei Ruan Kong....

Think wait4opp and Samson is the same person.....two of them does not make sense when they talk.......

WanSiTong      ( Date: 14-Sep-2013 21:47) Posted: Don't tell me Samson and Ruanlai  are  the same person ! Lol.......... Flyordie      ( Date: 14-Sep-2013 21:44) Posted: 3.6B????!!!!! You don't luan luan lai... Later mislead ppl  Anyway,vested...

 

i just realise that YZJ did not get much contract this year from the financial report i read.. " In 1H2013, the Group had secured a total of twenty-seven (27) effective shipbuilding contracts with an aggregate value of US$1.01 billion."

the yearly revenue for YZJ is about 15billion RMB.. assuming 2nd half of 2013 perform same as 1st half, then they get about USD 2billion for the whole year, which is much less than the yearly revenue they getting.. this isnt that good, although their p/e ratio is still low.. cosco although hasnt been making much profit & p/e ratio is high, their order book is increasing, compare to previous years.. i would expect cosco to generate increase profit in future years when they delivered their order book.. the good thing about this 2 shipyards are that they got the govt support & are big, and with the drop in share price over the months, it is expected for them to pick up in share price.. whether they would fly even higher will depend on market sentiment on them, but if they continue to fly, they will be going ahead of their fundamentals..

 

Don't tell me Samson and Ruanlai  are  the same person ! Lol..........

Flyordie      ( Date: 14-Sep-2013 21:44) Posted: 3.6B????!!!!! You don't luan luan lai... Later mislead ppl  Anyway,vested...

 

3.6B????!!!!!

You don't luan luan lai...

Later mislead ppl 

Anyway,vested...  

 

two contract, how many vessel per contract and what type of ship any information?

samson      ( Date: 14-Sep-2013 10:56) Posted: Yangzijiang had secure two ship building contracts cost for us $1800 million . Total of us $3600 millions . Going to announce Cosco also wins two +2 ship building contracts cost us $ few billions going to announced on mondays

 

Wow! News came out before sgx announcement!

 

Btw,  what ship  worth $1.8B each? Sound like spaceship at this price point :)

darkknight      ( Date: 14-Sep-2013 12:50) Posted: wow, $3.6B, I exited too early Liao. Had cashed in 70% last week.... nqing87      ( Date: 14-Sep-2013 12:26) Posted: US 3.6 billion is more than YZJ yearly revenue.. this is very big news.. can u paste the link of the source here bro

 

wow, $3.6B, I exited too early Liao. Had cashed in 70% last week....

nqing87      ( Date: 14-Sep-2013 12:26) Posted: US 3.6 billion is more than YZJ yearly revenue.. this is very big news.. can u paste the link of the source here bro? samson      ( Date: 14-Sep-2013 11:28) Posted: Is us dollars 1.8 billion s each total of 3.6 billion s

 

US 3.6 billion is more than YZJ yearly revenue.. this is very big news.. can u paste the link of the source here bro?

samson      ( Date: 14-Sep-2013 11:28) Posted: Is us dollars 1.8 billion s each total of 3.6 billion s

 

lol it's our dear goh eng siao again.. about 1-2 months ago he had already written about YZJ & cosco.. seems like he became a bit more positive now with today's report..

DrEaMzZz      ( Date: 14-Sep-2013 10:56) Posted: Which paper??? ascend88      ( Date: 14-Sep-2013 10:19) Posted: Big page newspaper write up on YZJ .. And china shares .. Monday rocket

 

where you got the info ? 

Speculation is it ? 

Lets see if you choon or not.

Thanks 

 

samson      ( Date: 14-Sep-2013 10:56) Posted: Yangzijiang had secure two ship building contracts cost for us $1800 million . Total of us $3600 millions . Going to announce Cosco also wins two +2 ship building contracts cost us $ few billions going to announced on mondays

 

Is us dollars 1.8 billion s each total of 3.6 billion s

 

I only post news . Company secure contract . No talking others things