Yangzijiang Shipbuilding - UOB Kay Hian 2023-01-10: Upgrading To BUY As Risk-Reward Looks Attractive

Yangzijiang Shipbuilding - Upgrading To BUY As Risk-Reward Looks Attractive

Published:
YANGZIJIANG SHIPBLDG HLDGS LTD (SGX:BS6) | SGinvestors.ioYANGZIJIANG SHIPBLDG HLDGS LTD (SGX:BS6)
  • Yangzijiang Shipbuilding’s stellar share price performance since the demerger of its debt investments arm in Apr 22 has led to recent profit-taking on the stock.
  • With the potential for a doubling of dividends that could be announced at end-Feb 23 plus a potential US$400m new order win on the cards, we upgrade Yangzijiang Shipbuilding to BUY. Target price for Yangzijiang remains unchanged at S$1.55.

Upgrade Yangzijiang to BUY as risk-reward looks attractive.

  • - Read this at SGinvestors.io -
  • - Read this at SGinvestors.io -

Potential for higher-than-expected dividends.

  • Read more at SGinvestors.io.



Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.



Adrian LOH UOB Kay Hian Research | https://research.uobkayhian.com/ 2023-01-10



Read also UOB's most recent report:
2025-02-28 Yangzijiang Shipbuilding - Solid 2024 Results With Shipbuilding Margins The Highlight.

Previous report by UOB:
2024-11-11 Yangzijiang Shipbuilding - Another Quarter Of Strong Order Wins.

Price targets by other brokers at Yangzijiang Target Prices.

Listing of research reports at Yangzijiang Analyst Reports.

Relevant links:
Yangzijiang Share Price History,
Yangzijiang Announcements,
Yangzijiang Dividend Payout Dates & Corporate Actions,
Yangzijiang News






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