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My investment in Yangzijiang (BS6.SI)
08 Apr 2021 (294 views)

I held the following stocks of Yangzijiang Shipbuilding 

Cash - 110,000 @$1.20
SRS - 70,000 @1.20

The financial results for 2020 was recently released. The revenue and profit dropped somewhat. The price earning ratio is now 9.9 times and dividend yield is 3.4%. 

The analysts have reported that they have full orders for the next few years. I consider that the current price is acceptable, but is not attractive. 

I sold 110,000 shares from my cash position at $1.28 and made a profit of $8,800 SGD. I decided to keep the 70,000 shares in the SRS account.

Tan Kin Lian

Note - I share my experience and views. I am not recommending any buy or sell of this stock at any specific price.
 


My investment in Yangzijiang (BS6.SI)
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I held the following stocks of Yangzijiang Shipbuilding 

Cash - 110,000 @$1.20
SRS - 70,000 @1.20

The financial results for 2020 was recently released. The revenue and profit dropped somewhat. The price earning ratio is now 9.9 times and dividend yield is 3.4%. 

The analysts have reported that they have full orders for the next few years. I consider that the current price is acceptable, but is not attractive. 

I sold 110,000 shares from my cash position at $1.28 and made a profit of $8,800 SGD. I decided to keep the 70,000 shares in the SRS account.

Tan Kin Lian

Note - I share my experience and views. I am not recommending any buy or sell of this stock at any specific price.