Yangzijiang

"With the return of Mr Ren Yuanlin, we believe that the Group’s share
price is expected to be relieved of this overhang. At $1.07, mkt cap is
at $4.19b, forward P/E is 6.6x, P/B is 0.72x, dividend yield is 4.67%,
dividend payout ratio is 27.36% and total debt to equity is at 13.67%."

-- Lim & Tan Securities

YZJ reported it's results yesterday.

Anyone wanna share his/her views on whether is the results below or above or in line with market expectations??!

weaker-than-expected 2019 results --->
2% yoy increase in revenue to Rmb23.6b
NPAT rose 1% yoy to Rmb3.1b.

Shipbuilding margins lower than expected due to higher labour and raw
material costs. Well, there is a 4.5 cent (SGD) dividend coming....

I have 6 lots of YZJ which I bought at 96 cts.

Wonder should I just 1) cut loss these 6 lots on Monday or 2) buy more to average or 3) don't add and don't cut and just hold these 6 lots for longterm?

Wonder can YZJ rise back to above $1 this year?

Yangzijiang Inks New Orders Worth USD1.15 Billion
One of the Largest Orders in Its History

Customer placed orders for ten 14,000TEU dual-fuel containerships at
USD115 million each

▪ These orders are endorsement on Yangzijiang’s capability in building
large-size, LNG-ready, and sophisticated vessels

▪ With these new orders added to the Group’s outstanding order book,
Yangzijiang will keep its yards capacity utilized at a healthy rate and
have a stable revenue stream for at least the next 2 years