Yangzijiang - US$2 b contract coming?

Doremon
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12 years 9 months ago #6646 by Doremon

Replied by Doremon on topic Re:Yangzijiang - US$2 b contract coming?

limtan report 19/07/11
kfc1973-stock.blogspot.com/2011/07/yangzijiang-limtan.html

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Joes
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12 years 9 months ago #6647 by Joes

Replied by Joes on topic Re:Yangzijiang - up 7 cents!

YZJ made announcements this morning -- this has assured the market! Now up 7 cents! $1.31 still cheap.

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yeng
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12 years 9 months ago #6653 by yeng

Replied by yeng on topic Re:Yangzijiang - target $2.05

Yangzijiang Despite a +30% yoy earnings guidance for 1H11, we believe qoq earnings could come in 5-10% lower at about RMB870m from lesser deliveries of high-margin vessels. Interest income and forex gain could be the key drivers for 2Q11, contributing about 40% of earnings.

We continue to commend YZJ’s ability to keep its gross margins high at about 24% from execution of pre-crisis orders. We deem YZJ’s current valuation of 6x CY12 P/E as undemanding as it represents a 50% discount to Chinese peers of 12x and its own historical average of 11x since listing. Order book of about US$6bn is also firm with low risk of cancellation. Maintain OUTPERFORM; TP S$2.05.

From CIMB today!

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Doremon
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12 years 9 months ago #6654 by Doremon

Replied by Doremon on topic Re:Yangzijiang - US$2 b contract coming?

DMG report 19/07/11
kfc1973-stock.blogspot.com/2011/07/yangz...ssing-investors.html

CIMB report 19/07/11
kfc1973-stock.blogspot.com/2011/07/yangzijiang-cimb.html

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Rich
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12 years 9 months ago #6674 by Rich

Replied by Rich on topic Re:Yangzijiang : +2.5 cents = $1.395

The rebound has been beautiful. It's another $1 more to go to Deutsche Bank target, as stated in this article today: [url=http://www.nextinsight.net
/story-archive-mainmenu-60/914-2011-chinahk-companies/4122-prc-internet-stocks-china-flooring-what-analysts-now-say]YANGZIJIANG, PRC INTERNET STOCKS, CHINA FLOORING: What Analysts Now Say...[/url]

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Mel
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12 years 8 months ago #6750 by Mel

Replied by Mel on topic Re:Yangzijiang -- share buyback lai liao?

At 1.34, the ship has gone down 7 cents. Will the management execute its share buyback scheme as it has promised to do if the ship goes too far down?

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