Why Yangzijiang is hurriedly junking stakes in associate firms

8 Sep 2016 - Singapore Business Review
Its scrapping saga also led to giving up on rig building. Since July 2016, Yangzijiang Shipbuilding has been disposing its stakes in several of its associate companies as it seeks to focus on businesses that actually earn for the group. OCBC sees Yangzijiang’s recent moves as a way of streamlining business. ...
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Yangzijiang sells its 20% stake in associate firm for $6m

6 Sep 2016 - Singapore Business Review
Will there be a significant impact on its earnings? Yangzijiang Shipbuilding disposed of its 20% equity interest in the share capital of Jiangsu Hailan Marine Systems Technology (JHMST) for S$6 million (RMB29.5 million). According to Yangzijiang, JHMST is a China-registered company with a registered ...
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The Top 5 Dividend Paying Blue Chip Stocks

6 Sep 2016 - The Motley Fool Singapore
Blue chips, or stocks which make up the Straits Times Index (SGX: ^STI), tend to be well-known amongst investors in Singapore. A recent report provided some insights to the dividend yields of these 30 blue chip stocks. The yield of the SPDR STI ETF (SGX: ES3), an exchange traded fund that mimics the ...
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The Singapore Market this Week: Sembcorp Marine Ltd Gets Booted Out of the Straits Times Index

4 Sep 2016 - The Motley Fool Singapore
For the week, the Straits Times Index (SGX: ^STI), which represents the Singapore stock market, fell by 1.9% to 2,804 points. Of the 30 stocks that make up the index, 24 clocked in weekly losses, with shipping firm Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) leading the pack down. The company saw ...
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Yangzijiang has no dog in the PPL Shipyard stake fight with Sembcorp

24 Aug 2016 - Singapore Business Review
Transaction value sits only at 2.3% of its market cap. Sembcorp Marine (SMM) may have had the last laugh with its recent acquisition of the remaining stake in PPL Shipyard (PPLS), but for its rival Yangzijiang Shipbuilding (YZJ), the move is actually a win-win deal. SembMarine has fought to get the remaining ...
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Can Yangzijiang get back on its feet by year-end after an underwhelming 2Q?

22 Aug 2016 - Singapore Business Review
Its order book stands at $6.5 billion at end-2016. Despite posting a 48% revenue slump for 2Q16, Yangzijiang Shipbuilding may look forward for a better trend as more deliveries are scheduled in 2H16. To recall, the company posted a 60% dip in its net profit to $84.37 million on the back of a 48% slide ...
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Yangzijiang grieves three more scrapped shipbuilding orders in 2Q16

8 Aug 2016 - Singapore Business Review
How badly will its US$80m orderbook be hurt? Yangzijiang Shipbuilding continues to sail through a bumpy year following successive vessel cancellations, as three more orders were scrapped in 2Q16. According to DBS Group Research, these were for one 10k TEU containership, one 82,000DWT and one 64,000DWT ...
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Yangzijiang’s net profit sinks by 60% to $83.8m in 2Q

5 Aug 2016 - Singapore Business Review
It didn’t have a one-off gain to bank on for this quarter. The shipbuilding firm wasn’t spared from the industry wide maelstrom engulfing it, as it saw its revenue fall by 48% to RMB2.99b in the second quarter. According to a report by OCBC, excluding one-off gains, core net profit declined 41% YoY to ...
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A Mini Tour of Singapore's Largest Manufacturing Companies

26 Jul 2016 - The Motley Fool Singapore
Manufacturing makes up a good part of the Singapore stock market. But, just what is manufacturing? It is actually a broad category, covering anything from companies that make solar panels to medicines or oil rigs. A recent report provided some insights on Singapore’s largest manufacturing companies and ...
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These 12 Singapore Companies Are Value Stocks, According to the FTSE Value-Stocks ASEAN Index

22 Jun 2016 - The Motley Fool Singapore
There are 12 Singapore-listed stocks which are in the FTSE Value-Stocks ASEAN Index. The objective of the index is to identify quality and overlooked value stocks that are listed in ASEAN stock exchanges. The index vets stocks using a proprietary value screening process which includes valuation, quality, ...
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