
lalala... 

I sold too early 😢 😢
Chinese trade data buoyed investor confidence.
YZJ  and rest of S shares  choing ah...... 
Seems like shipping stocks all drink  red bull! NOL, YZJ, Cosco, marco polo, ASL marine etc all in the race  up! Chiong ah... drink more red bull, run run run!
 
It  was a nice surprise that it  is so strong today, it broken the $1.04 easily. Look likely to challenge the previous high of $1.09 very soon. The " NOL effect" has helped.
Cheer!
with the MA1 line steadily above the MA2 line, the overall upward trending is strong, and the inclination angle is good, may lead till Apr 2013 for the dividend.
Up up up!!!
oldflyingfox ( Date: 08-Jan-2013 18:33) Posted:
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China trade increased by 6% for last quarter, causing china shares to shoot. Including cosco. Awaiting inflation data tmr which is expected to be good too.
Today shoot up so much....
what is the news?
 
 
It is possible if the EPS continue to grow as last few years. With the PMI increase for few months. December PMI show slight decline, but the export for China for December increase compare to november. With the increase in the export, shipping industries will follow, but shipbuilding can't be done overnight, as mention previously, the ship tearing down during the period where export decline and shipping price drop will cause the shipping company unable to handle with the increase  export demand  and cause shipping price to rise, and ship building demand to increase. Thus when the BDI drop sharply in 2008 and Yang Zi Jiang can continue to grow from 2008 to 2012, which is ship building bad years. It should be able to do better when the goods year approached. I personally believe that 2012 or beginning of 2013 is the worst period for the ship building and the slow demand is coming in.
 
Another attraction for this stock is that it have when into the property market last year which is also picking up in China.
Yangzijiang
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9M2012 | 31/12/11 | 31/12/10 | 31/12/09 | 31/12/08 | 31/12/07 | 31/12/06 |
CNY(m) | CNY(m) | CNY(m) | CNY(m) | CNY(m) | CNY(m) | CNY(m) | |
Total Revenue | 11,235.79 | 15,705.83 | 13,558.18 | 10,623.64 | 7,359.10 | 3,855.49 | 2,324.98 |
Net Income Before Taxes | 3,434.18 | 4,998.48 | 3,629.41 | 2,549.55 | 1,699.86 | 990.42 | 518.86 |
Net Income | 2,747.68 | 3,976.60 | 2,955.34 | 2,289.95 | 1,579.76 | 869.51 | 454.34 |
Diluted Normalized EPS | 0.72 | 1.17 | 0.8 | 0.63 | 0.45 | 0.28 | 0.14 |
No joke, it is really feasible!
fortunecat ( Date: 09-Jan-2013 13:47) Posted:
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so optimistic   





Hulumas ( Date: 08-Jan-2013 18:56) Posted:
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slow and steady?
Everyday 1 cent 1 cent ... boring...

> Sgd. 6.00 within four years.
freezy_81 ( Date: 08-Jan-2013 17:57) Posted:
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If short term play then $1.04 but better to ride the rally for more profit if you could hold,  the bull run  just started.
This  company has good dividend, low PE, good cash and a very experience chairman.
freezy_81 ( Date: 08-Jan-2013 17:57) Posted:
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Brought @1.015
Any help on the target price?
Any help on the target price?
From 12+pm continue to see buy up, will it chong further?
with the MA1 line steadily above the MA2 line, the overall upward trending is strong till Apr 2013 for the dividend.
Those who are holding, congrate, break out of the long term downward trend yesterday, and today maintain above the breakout,  thus the next target will be around $1.40.

Seems like getting support, can it break $1?
