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yes .
due to Local Fund manager no interest in china ship , then china fund can come in by using RMB no lose in currency lose in convert by bank , ( This what I things)
Sg fund only help sg company only , they are all control by gov
why they don't use us dollar or other currency for dual trading . ??
example yangzijiang in sg $ 1.00 in Bs6 , then Bs6B will be converts to RMB price will be $RMB 5.00
below is the HPH dual currency in sgx sg$ and US $
us$ 0.76 x 1.2632 to convert to Sg$ = 0.96
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▼ |
 HPH Trust S$D |
|
P7VU |
|
0.960 |
-0.005 |
-0.518 |
709 |
352 |
0.955 |
0.960 |
31 |
0.965 |
0.965 |
0.955 |
680,645 |
TSC |
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HPH Trust US$ |
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NS8U |
|
0.760 |
- |
- |
12,067 |
152 |
0.760 |
0.765 |
2,131 |
0.755 |
I don't ask you to buy HPH ports they are lose money just for example
good luck
So it means Bs6 and Bs6B are totally different counters? If SGD/CNY trades at 10.00 in a split second at currency markets and if ALL investors are
not aware about this, it is possible that Bs6B remains at around ~RMB5.00 right? (hypothetical question)
samson ( Date: 25-Jul-2013 12:34) Posted:
Yangzijiang Total number of share still the same .
example
1.)Yangzijiang Bs6 use $SG $1.00
2.)Yangzijiang Bs6B use $RMB $5.00
so you can buy bs6b use RMB buy at $5.00 is = to S$1.00
no currency convert lose
china fund will use RMB to buy .
both counts will up together
down together as same price .
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Today is really a bad day for us..
Yangzijiang Total number of share still the same .
example
1.)Yangzijiang Bs6 use $SG $1.00
2.)Yangzijiang Bs6B use $RMB $5.00
so you can buy bs6b use RMB buy at $5.00 is = to S$1.00
no currency convert lose
china fund will use RMB to buy .
both counts will up together
down together as same price .
| Written by The Edge |
| Thursday, 25 July 2013 11:26 |
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Yangzijiang Shipbuilding (Holdings), one of China’s leading shipbuilders listed on the SGX Main Board, says its shares will start trading on Singapore Exchange in Renminbi (RMB) from Aug 5.
This makes Yangzijiang the first to launch dual currency trading in RMB on SGX dual currency trading platform. The move will bring greater flexibility and convenience to investors wishing to invest in Yangzijiang’s shares in RMB.
Currently, Yangzijiang’s shares are quoted and traded only in Singapore Dollars (SGD). With the launch of dual currency trading of the shares, Yangzijiang will have a RMB counter in addition to its existing SGD counter.
From Aug 5 onwards, investors will have the option to buy or sell in either RMB or SGD counters. Trades made in the SGD counter will be settled through SGX in SGD, while trades made in the RMB counter will be settled through SGX in RMB.
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What does it mean? Means by august there will be a new YZJ counter created for RMB? Like Hutchinson Port trust when a new counter created for US$ trading, and then the price began to drip drip drip?
Or does SGX mean to convert existing shares from S$ to RMB?
Anyone can clarify pls?
becarefull by next week this ship will drive above $1
now just waitting , top up gas , before it can move far up again
Be careful of nek nek!!!
Bro, it's okie if drop too much. Buy some and keep. Wait for rebound to take some profits. If goes up, sell some onhand :)
sharefbb05 ( Date: 25-Jul-2013 09:49) Posted:
Recently raise too fast
today see red...
Hope not drop too much
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Recently raise too fast
today see red...
Hope not drop too much
no Just .
the Big fund manager from china are coming in . $ 1 , is on the way
since Local fund manager not interested in china ship . they are supports only Local ship , they had to .
Profit taking...
They are some profits taking in place.
well supports @ $0.92 for Yangzijiang .
cosco fund manager still not so interested to buy . they may be still waitting
Singapore Exchange (SGX) is pleased to announce that Yangzijiang Shipbuilding (Holdings) Ltd will be the first company to have trading of its shares in Chinese Renminbi (RMB) on SGX’s dual currency trading platform. Yangzijiang’s RMB-denominated shares will start trading on 5 August.
WanSiTong ( Date: 25-Jul-2013 08:46) Posted:
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time for a pullback. looking at 875.
Now to trade Yangzijiang, you need to trade forex also.
For your information I am vested both in Yangzijiang and Cosco eveirenly.
Just pray Yangzijiang get more offshore contract. Yangzijiang need 20% down payment for ShipBuilding contract but Cosco need 10% and other private ship builders need 15% as required by Chinese Banks. Yangzijiang is safer and for long term investment with dividend but contract award depend on more loyal client.
WanSiTong ( Date: 25-Jul-2013 08:59) Posted:
No need to call. Let market decide !
Hawkeye ( Date: 25-Jul-2013 08:56) Posted:
Now Cosco order book to date is 6.6billion and Yangzijiang 2.5billion, Cosco continue to get off shore contract and Yangzijiang got 1 for much discount to startup. Yangzijiang offshore is still at infancy.lk
Now Baltic Index are above 1000 point since June 2013 means Dry Bulk Shipping now is making at least some money and not loosing.
Previous Cosco order book is 6.5+billion and Yangzijiang 5.5billion.
Yangzijiang had to resort to money lending to keep itself profitable.
What else fact do you what? to show that Cosco Singapore perform better than Yanzijiang?
Why dont you call Yangzijiang office and find out |
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No need to call. Let market decide !
Hawkeye ( Date: 25-Jul-2013 08:56) Posted:
Now Cosco order book to date is 6.6billion and Yangzijiang 2.5billion, Cosco continue to get off shore contract and Yangzijiang got 1 for much discount to startup. Yangzijiang offshore is still at infancy.lk
Now Baltic Index are above 1000 point since June 2013 means Dry Bulk Shipping now is making at least some money and not loosing.
Previous Cosco order book is 6.5+billion and Yangzijiang 5.5billion.
Yangzijiang had to resort to money lending to keep itself profitable.
What else fact do you what? to show that Cosco Singapore perform better than Yanzijiang?
Why dont you call Yangzijiang office and find out?
WanSiTong ( Date: 25-Jul-2013 08:46) Posted:
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Now Cosco order book to date is 6.6billion and Yangzijiang 2.5billion, Cosco continue to get off shore contract and Yangzijiang got 1 for much discount to startup. Yangzijiang offshore is still at infancy.lk
Now Baltic Index are above 1000 point since June 2013 means Dry Bulk Shipping now is making at least some money and not loosing.
Previous Cosco order book is 6.5+billion and Yangzijiang 5.5billion.
Yangzijiang had to resort to money lending to keep itself profitable.
What else fact do you what? to show that Cosco Singapore perform better than Yanzijiang?
Why dont you call Yangzijiang office and find out?
WanSiTong ( Date: 25-Jul-2013 08:46) Posted:
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Do not any how say without fundamental support !
Hawkeye ( Date: 24-Jul-2013 22:52) Posted:
You seriously think Yangzijiang will do well and Cosco Singapore wont?
Cosco Singapore is doing better than Yangzijiang.
samson ( Date: 24-Jul-2013 22:28) Posted:
yangzijiang $0.80 - $0.90 will become the history.
look toward to $1 -1.20 - $1.50 -$1.80 -$2
on the way they may be some sinking , |
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