SG Talk

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.

果然来了，欧洲疯抢中国船
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https://www.dbs.com.sg/treasures/aics/te...SGD_SP.xml

Yangzijiang Shipbuilding

Target Price*S$ 1.41

Recomendation*BUY

This news this morning already out, what is your next target for YZJ and YZJFH ?

(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. 

(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

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
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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.
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STI down but Yangzijiang up!

STI :
3,113.16
-32.65 (-1.04%)

(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

1.22 SGD +0.040 (3.39%)today
10 Oct, 3:37 pm SGT

Huat ah, going back up to $1.40?

Jin Jialat




imagehosting

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

Bought :  1.185

Sold : 1.25

Made some kopi money!

Teaserteam, don't be jealous hor! 

(21-10-2022, 11:14 AM)cityhantam Wrote: [ -> ]Bought :  1.185

Sold : 1.25

Made some kopi money!

Teaserteam, don't be jealous hor! 

Today very active also!

then move to yzj finance

https://www.theedgesingapore.com/capital...end-policy
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