We believe lower margins are unavoidable for YZJ due to the increasing price gap with top-tier players and an increased portion of lower-priced contracts in its revenue mix. We assume coverage with a Neutral rating and a Dec-14 PT of S$1.00.

looks nice....like kepcorp product...
 
:)
samson ( Date: 10-Sep-2013 10:52) Posted:
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Yangtze River building's first offshore jack-up drilling platform
 
Vol low.....rainy day.....engine need time to warm up.....afternoon maybe...
profit taking over...?
nice....thanks for the update...wondeful new...
cheongsl ( Date: 10-Sep-2013 07:06) Posted:
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vested.....long term...to at least 2$....
 
cheong ah !
 
open at 1$
Oldbird ( Date: 10-Sep-2013 07:29) Posted:
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Elsewhere in US, Europe,Japan are recovering, comodities , shipping as cyclical stocks will slowly climb up?
Slow and steady will always win the race !
Cheers for those believers of YZJ
Vested for long term?
cheongsl ( Date: 10-Sep-2013 07:06) Posted:
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nice.....98......tomr climb the 1$ .....vol is good as well...
hold on tight tight ....
ascend88 ( Date: 06-Sep-2013 13:29) Posted:
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i like the word " Yangzijiang survived successfully and strengthened its position" !!
china export up....means exported more goods....thus...goods go by shipping...
 
:)
Yangzijiang Shipbuilding - One more big test ahead
Written By Stock Fanatic on Friday, September 6, 2013 | 9/06/2013
We believe lower margins are unavoidable for YZJ due to the increasing price gap with top-tier players and an increased portion of lower-priced contracts in its revenue mix. We assume coverage with a Neutral rating and a Dec-14 PT of S$1.00.
Yangzijiang orders on hand amounted to 80
Delivery of the vessel 18, the water 13 Plan Annual delivered 38 vessels currently holding orders up to 80, pay schedules scheduled in mid-2016.
The first half of this year, the Yangtze River shipping industry group faction booming production and operation situation, to achieve a received new ship orders 35, delivery of the vessel 18, the water 13 good results, the company plans to deliver 38 vessels throughout the year. Currently, up to 80 handheld shipbuilding orders, delivery schedules has been scheduled in mid-2016. June, the company also achieved a completed and delivered six vessels, named six, started one, trial one, launching a, embarkation station a total of 16 production node.
Early this year, signed with Xi Sipan shipping 4 million cases ship orders into effect, Yangtze River shipping industry has successively received a one 94,000 dwt self-unloading, two 36,000 dwt heavy lift ship, 7 8.2 million dwt bulk carriers and four 64,000 dwt bulk carrier orders. Currently, 18 new ship orders had entered into force, the contract amount of nearly 6 billion yuan. In addition, during the first half of this year, the company has successively undertaken worth 3.5 billion yuan of 17 new ship orders, batch orders will all take effect in the third quarter.
In terms of production, from the beginning of June, the company followed a number of production nodes, cadres and employees work together, work together to ensure delivery of the ship and efforts. June 3, Yangtze River shipping industry to COSCO Container Lines Co., Ltd. built two 4250TEU container ship named after these two boats were on June 5, the 19th delivery of the owner outward voyage June 4 - 6, 2009, 1 2500TEU container ship completed sea trials June 9, a 2500TEU container ship was launched successfully June 14, a 47,500 dwt bulk carriers berth June 16, the first successful delivery system 4800TEU German container ship Shipowners PD / Hammonia at June 19 completed the four production node, including the construction of the Singapore Nova shipping ship 4.7 million cubic feet a second wood boat delivered to Klaveness shipping company built three 2500TEU container ship named a 49,500 dwt bulk carriers and container ships were a 2500TEU on June 27, 28, completed and delivered.
 
 
New Yangzi Shipbuilding million boxes ship hosts first hoisting system
Source: Steel Union Information 2013-09-06 09:32:55 
August 2, the first million boxes made â??â??boat hosts start lifting, Shanghai Diesel Engine Co., Ltd. Mitsui Engineering & Shipbuilding Shipbuilding service providers are also stationed in New Yangzi Shipbuilding , and began to build the New Yangzi Shipbuilding million cases ship hosts lifting escort.
Million boxes ship hosts 10S90ME-C9.2 diesel engine horsepower up to 79,000, the whole weight of 1,900 tons, height of nearly 22 meters. Host lifting from August 2 to August 23 start over, at this time, just once in a century of high temperature reached 60 â?? above ground level, as in the oven in the cabin Zhengkao, but not electromechanical a workshop withdrawal due to high temperature, despite the difficulties, in active cooperation of fraternal sector, the successful completion of the host lifting, assembly work for the next job commenced to lay the foundation.
 
Huat ah!
ascend88 ( Date: 06-Sep-2013 13:29) Posted:
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i like that too...
0.98....1.00....1.025
samson ( Date: 06-Sep-2013 10:46) Posted:
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