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1.18 SGD +0.16 (15.69%) past 5 days
7 Oct, 4:28 pm SGT
https://www.businesstimes.com.sg/compani...of-us1027b
Yangzijiang Shipbuilding garners 22 contracts, order book at record high of US$10.27b
MAINBOARD-LISTED Chinese firm Yangzijiang Shipbuilding : BS6 +8.18% has secured new orders for another 22 vessels, raising its total order book value to date to a record high of US$10.27 billion and extending its top line visibility to mid-2025.
In a statement updating on its contracts on Thursday (Oct 6), the Straits Times Index component shipbuilder said the
22 new orders would bring total orders it secured year to date to 40 vessels with a total value of US$3.6 billion, exceeding its FY2022 target of US$2 billion.
The orders clinched recently comprise four 32,000 deadweight tonnage (DWT) bulk carriers, six 66,000 DWT bulk carriers and
twelve 16,000 twenty-foot equivalent unit (TEU) liquefied natural gas dual-fuel containerships.
(This post was last modified: 07-10-2022, 04:46 PM by
cityhantam.)
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https://www.dbs.com.sg/treasures/aics/te...SGD_SP.xml
Yangzijiang Shipbuilding
Target Price*
S$ 1.41
Recomendation*BUY
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This news this morning already out, what is your next target for YZJ and YZJFH ?
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(07-10-2022, 04:59 PM)ysh02 Wrote: This news this morning already out, what is your next target for YZJ and YZJFH ?
I am ikan bilis .
Just make a bit will do.
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(07-10-2022, 04:56 PM)cityhantam Wrote: https://www.dbs.com.sg/treasures/aics/te...SGD_SP.xml
Yangzijiang Shipbuilding
Target Price*S$ 1.41
Recomendation*BUY
Potential more LNG carrier order from Europe in the near future, some predict TP are at least $1.6
(This post was last modified: 07-10-2022, 07:12 PM by
CHAOS.)
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Shanghai shipyards go full steam ahead in vessel production
.
.
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https://www.theedgesingapore.com/capital...mains-dbss
. 'Among the most well-run, profitable shipyards': Yangzijiang Shipbuilding remains DBS's top pick
.
In an Oct 7 note, Ho reiterates “buy” on Yanzijiang with a target price of $1.40. “It is amongst the most well-run, cost-efficient and profitable shipyards in the world. Earnings delivery over the next three years are backed by a historical high order backlog with potential further upside from LNG carrier orders.”
Despite Yangzijiang’s “wide economic moat” and “rosy prospects”, valuation remains undemanding, says Ho, at 1.1x P/B and 6x FY2022 P/E against 15%-20% earnings per share (EPS) growth, 15%-16% return on equity (ROE) and 5% dividend yield.
.
.
(This post was last modified: 10-10-2022, 12:14 PM by
cityhantam.)
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STI down but Yangzijiang up!
STI :
3,113.16
-32.65 (-1.04%)
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(10-10-2022, 01:21 PM)cityhantam Wrote: STI down but Yangzijiang up!
STI :
3,113.16
-32.65 (-1.04%)
1.19 SGD +0.010 (0.85%)today
10 Oct, 2:14 pm SGT
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1.22 SGD +0.040 (3.39%)today
10 Oct, 3:37 pm SGT
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Huat ah, going back up to $1.40?
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Jin Jialat
imagehosting
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Today very active!
Second most active with more than 7% increase in price!
P/E ratio = 7.02
Div yield = 4.10%
Very healthy!
https://lloydslist.maritimeintelligence....cord-103bn
Yangzijiang order for 22 newbuilds pushes orderbook to record $10.3bn
Orders comprise 10 bulkers and 12 ultra-large container vessels. Year-to-date orders far exceed Yangzijiang’s target for 2022
(This post was last modified: 20-10-2022, 03:43 PM by
cityhantam.)
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Bought : 1.185
Sold : 1.25
Made some kopi money!
Teaserteam, don't be jealous hor!
(This post was last modified: 21-10-2022, 11:15 AM by
cityhantam.)
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(21-10-2022, 11:14 AM)cityhantam Wrote: Bought : 1.185
Sold : 1.25
Made some kopi money!
Teaserteam, don't be jealous hor!
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