Yangzijiang Shipbuilding (Holdings)

Yangzijiang Financial’s Ren readies share purchases upon buybacks hitting mandate cap - THE EDGE SINGAPORE

Company in the news

Yangzijiang Financial’s Ren readies share purchases upon buybacks hitting mandate cap

"You are paying just 30 cents to buy $1 worth of assets."

Contracts

Yangzijiang Shipbuilding clinches first order for LNG carriers, bringing order book to all-time high

The group’s order book now stands at above US$10 billion.
'Among the most well-run, profitable shipyards': Yangzijiang Shipbuilding remains DBS's top pick - THE EDGE SINGAPORE

Broker's Calls

'Among the most well-run, profitable shipyards': Yangzijiang Shipbuilding remains DBS's top pick

“It is amongst the most well-run, cost-efficient and profitable shipyards in the world.”
HRNetGroup and Yangzijiang Financial in active share buybacks - THE EDGE SINGAPORE

Insider moves

HRNetGroup and Yangzijiang Financial in active share buybacks

RHB’s Jarick Seet expects HRNetGroup's positive performance to continue

Broker's Calls

UOBKH positive on offshore market with high oil prices providing support

Target prices for the three companies stand at $10.11, 15.6 cents and $1.16 for Keppel, Sembmarine and Yangzijiang respectively.

Results

Yangzijiang Shipbuilding reports higher 1HFY2022 earnings from continuing operations

The company won US$1.09 billion in new orders year to date, bringing its total orderbook to US$8.13 billion

Broker's Calls

Yangzijiang 'unwarrantedly undervalued', has strong growth potential as shipbuilding demand increases: DBS

DBS's Ho Pei Hwa has lowered her TP for Yangzijiang Shipbuilding to $1.38 from $2.15 previously while maintaining her "buy call"
PhillipCapital's Chew picks banks, Singtel and coal plays - THE EDGE SINGAPORE

Global Markets

PhillipCapital's Chew picks banks, Singtel and coal plays

Banks will benefit from higher rates; coal miners will see support from new buying by the Europeans
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