SHARES in mainboard-listed Yangzijiang Shipbuilding have been on a tear this week, gaining 8.8 per cent over the week on the back of a strong Q2 performance and stronger US dollar as trade tensions fester.

SHARES in mainboard-listed Yangzijiang Shipbuilding have been on a tear this week, due in part to its strong Q2 performance and being a beneficiary of a stronger US dollar as trade tensions fester. As at 3.03pm, the stock traded up S$0.03 or 3 per cent to S$1.02. Since Monday's opening,...

Submitted By:  Sandra Sendingan Case Study:  No Investors are urged to take caution. The Straits Times Index (STI) ended 13.26 points or 0.4% lower at 3326.74, taki...

Submitted By:  Sandra Sendingan Case Study:  No Expect muted gains. The Straits Times Index (STI) ended 13.26 points or 0.4% lower at 3326.74, taking the year-to-da...

SINGAPORE (Aug 8): CGS-CIMB Securities is surprised by Yangzijiang Shipbuilding’s record delivery of 20 vessels in 2Q18, boosting 2Q18 revenue by 120% y-o-y to RMB 7.6 billion ($1.5 billion). The delivery included 10 large vessels, including seven bulk carriers and three containerships. Year to da...

THE following companies saw new developments which may affect trading of their shares on Wednesday:

SINGAPORE (Aug 7): Yangzijiang Shipbuilding (YZJ) announced earnings of RMB 994.9 million ($198.7 million) for the 2Q ended June, up 38% from RMB 719.9 million a year ago on higher revenue. This brings the group’s earnings for 1H18 to RMB1.6 billion, 15% higher compared to RMB 1.4 billion in 1H17....

SHIPBUILDER Yangzijiang announced a net profit of 994.9 million yuan (S$198.8 million) for its second quarter, up 38 per cent from a year ago.

Submitted By:  Luz Wendy Noble Case Study:  No Positive sentiments in Wall Street could fuel muted gains today. The Straits Times Index (STI) ended 1.06 points or 0...

SINGAPORE (July 3): DBS is reiterating its “buy” call on Yangzijiang Shipbuilding (YZJ) with an unchanged target price of $1.82, which translates to 1.25 times price-to-book value (P/BV), approximately 0.4 standard deviation points below the historical mean of 2 times since listing. This comes o...

SINGAPORE (June 25): The Singapore stock market has been spooked by a few events recently, including US-China trade wars and Opec’s tussle with expanding oil production. Alongside these events are continued tightening by the Federal Reserve and a $37 billion injection into the financial by the PBo...

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 (NEEQ) for RMB 60.0 million ($12.6 million). Liste...

SINGAPORE (June 12): OCBC Investment Research is upgrading its call on Yangzijiang Shipbuilding (YZJ) to “buy” from “hold” previously with a lower fair value estimate of $1.18 from $1.22 before. The lower fair value comes after updating its SOTP valuation with a 0.65 times P/B for the group�...