Yangzijiang Shipbuildilng (YZJ)

Broker's Calls

Yangzijiang gets the 'buy' call amid expectations of a consistent dividend payout for FY20

SINGAPORE (July 1): UOB Kay Hian (UOBKH) is maintaining its “buy” call and target price on Yangzijiang Shipbuilding at $1.22.

Broker's Calls

It's the time to 'buy' Yangzijiang, says DBS

SINGAPORE (June 15): DBS Research Group is reiterating its “buy” call and target on Yangzijiang Shipbuilding at $1.40.

Company in the news

Yangzijiang sets up new subsidiary Jiangsu New Yangzi Commerce and Trading Co for $1.96 bil

SINGAPORE (June 4): Mainboard-listed Yangzijiang Shipbuilding has incorporated a new wholly-owned subsidiary, Jiangsu New Yangzi Commerce and Trading Co (JNCT) under its indirect wholly-owned subsi

Investing ideas

Industry recovery, revenue visibility to cushion Yangzijiang from Covid-19 concerns: analysts

SINGAPORE (May 4): Year to date, shares in Yangzijiang Shipbuilding have tanked 17%.

Results

Yangzijiang Shipbuilding's 1Q earnings halved to $80.6 mil as China lockdown stalls revenue

SINGAPORE (Apr 30): Mainboard-listed shipbuilder Yangzijiang Shipbuilding booked earnings of RMB403.8 million ($80.6 million) for 1QFY2020 ended March, some 51% lower than earnings of RMB824.1 mill

Broker's Calls

Yangzijiang 'back in full force', remains a solid bargain: DBS

SINGAPORE (Apr 8): Year to date, shares in Yangzijiang Shipbuilding have tanked some 22%. But market watchers are saying the group has been an unfair victim of “macro concerns”. 

Broker's Calls

925 Brokers' Digest

Genting Singapore
Price targets:
76 cents ADD (CGS-CIMB Research)
84 cents BUY (Maybank Kim Eng Research)

Broker's Calls

DBS remains optimistic as Yangzijiang gets lift from new order wins

SINGAPORE (Mar 18): Yangzijiang Shipbuilding’s share price has tanked some 16% since the outbreak of the Covid-19.

Contracts

Yangzijiang secures up to 10 new contracts totalling $1.6 billion

SINGAPORE (Mar 16): Yangzijiang Shipbuilding has clinched a new shipbuilding contract for up to 10 vessels, amounting to a total of US$1.15 billion ($1.63 billion).

Investing ideas

Analysts buoyant on Yangzijiang despite choppy waters ahead

SINGAPORE (Mar 2): Mainboard-listed Yangzijiang Shipbuilding (YZJ) has been battered by waves of negative news recently, including the “disappearance” of its talismanic executive chairman and a set

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