Welcome!
Yangzijiang Shipbuilding
M&A
Yangzijiang Shipbuilding acquires 10.6% stake in Suzhou Jiumei Fiber Glass for $12.6 mil
SINGAPORE (June 21): Yangzijiang Shipbuilding's wholly-owned subsidiary, Jiangsu New Yangzi Shipbuilding, is acquiring a 10.6% equity interest in Suzhou Jiumei Fiber Glass (JFG) through the trading system of National Equities Exchange and Quotations (
June 21, 2018
Broker's Calls
Yanzijiang gets an upgrade as orders could surpass expectations
SINGAPORE (June 6): CGS-CIMB Securities is upgrading its recommendation on Yangzijiang Shipbuilding to “add” from “hold” with a target price of $1.27.
June 06, 2018
Broker's Calls
Yangzijiang cut to 'hold' with zero major orders won to date
SINGAPORE (Mar 2): CIMB is downgrading Yangzijiang Shipbuilding to "hold" with a lower $1.51 target price given its share price could be capped near term given no major orders were secured year to date.
March 02, 2018
Results
Yangzijiang Shipbuilding posts 12.1% rise in 4Q earnings to $141.7 mil
SINGAPORE (Feb 28): Yangzijiang Shipbuilding reported 4Q17 earnings increased by 12% to RMB 677.9 million ($141.7 million) from RMB 607.8 million in 4Q16.
February 28, 2018
Yangzijiang establishes vessel leasing & chartering subsidiary
SINGAPORE (Jan 10): Yangzijiang Shipbuilding’s wholly-owned subsidiary Yangzijiang Shipping is establishing a 49.45%-owned private limited company in Singapore named Yangzijiang Taihua Shipping together with several strategic partners for US$1,100 ($1,4
January 10, 2018
Broker's Calls
Yangzijiang's 3Q boosted by one-offs and margins are slipping but BDI's looking better
SINGAPORE (Nov 13): Yangzijiang Shipbuilding’s 3Q17 earnings were lifted by RMB309 million ($63.3 million) gains.
November 13, 2017
Broker's Calls
Yangzijiang kept at 'hold' by Credit Suisse on $614 mil contract win potential
SINGAPORE (Sept 28): Credit Suisse is maintaining its “hold” call for Yangzijiang Shipbuilding on its potential to win contracts worth more than US$450 million ($613.5 million) for six very large ore carriers (VLOCs) from Vale.
September 28, 2017
Right Timing
Right timing: Downwards drift continues
SINGAPORE (Sept 15): Here are some charts for our technical analysis.
September 15, 2017
Broker's Calls
Yangzijiang’s cash call is signal for M&As to come
SINGAPORE (Sept 4): Yangzijiang Shipbuilding is selling 137 million new shares to institutional investors at $1.53 each in a private placement exercise.
September 04, 2017
How STI’s strongest sectors have fared year to date
SINGAPORE (Aug 30): The benchmark Straits Times Index (STI) has generated a 13.2% price gain year to date (YTD) with its strongest-performing sectors being real estate, financials and industrials.
August 30, 2017