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Yangzijiang Shipbuilding (YZJ)
Contracts
Yangzijiang wins another US$715 mil worth of new orders, adding on to its best year since 2008
Order wins for one of the carriers signify a breakthrough for the group in the clean energy vessels space.
June 23, 2021
Broker's Calls
UOB Kay Hian keeps 'buy' on Yangzijiang as it sees more upside for the containership market
Shares in Yangzijiang closed 2 cents higher or 1.4% up at $1.45 or 0.8 times P/B, according to UOB Kay Hian’s estimates.
May 20, 2021
Broker's Calls
Yangzijiang Shipbuilding gets a strong 'buy' amid improving margins and higher order book: analysts
CGS-CIMB’s Lim has a target price of $1.63, while that for UOBKH’s Loh is $1.76. DBS’ Ho has put forth a target of $1.80.
May 04, 2021
Results
Yangzijiang sees 89% surge in 1Q21 earnings of RMB761.7 mil
The group, as at April 29, has an outstanding orderbook of US$6.6 billion for 146 vessels, its highest level since 2009.
April 29, 2021
Broker's Calls
Keppel Corp and Yangzijiang are UOBKH's top picks for offshore marine sector
UOB Kay Hian analyst Adrian Loh says he sees "very small green shoots" emerging from the O&M industry.
March 19, 2021
Broker's Calls
It's time to scoop up Yangzijiang, says CGS-CIMB
CGS-CIMB Research is maintaining its “add” or “buy” call and target price of $1.37 on Yangzijiang Shipbuilding.
February 11, 2021
Funds
Yangzijiang subscribes for 20% shares in venture capital investment fund for RMB200 mil
Following the subscription, Jiangsu Yangzijiang will become a limited partner of the fund.
January 26, 2021
Broker's Calls
This is one of UOBKH's key stock picks for 2021
This is one of UOBKH's top stock picks for 2021
January 06, 2021
Contracts
Yangzijiang secures new orders worth US$162 mil, brings y-t-d order wins to US$1.42 bil
The figure excludes the value of the option orders.
December 21, 2020
Contracts
Yangzijiang secures new orders worth $269.5 mil, brings year-to-date new order wins to $1.40 bil
"Our year-to-date new order wins of over US$1 billion is more than that for the whole year 2019," says CEO Ren Letian.
November 05, 2020