Member Info for akramms

"As of now, Yangzijiang will only consider RSHI for acquisition but we are taking a cautious approach on this and the deal may or may not go through at all," said Ren Yuanlin, executive chairman of Yangzijiang, highlighting that the company has not made any decision on the proposed M&A activity. In hindsight, he thinks that the proposed acquisition will be good for Yangzijiang in terms of expanded capacity and assets, as well as the existing value-added offshore shipbuilding capabilities that RSHI possesses. "In the long run, China will still need to produce vessels and machinery related to the offshore industry. RSHI has such capabilities and it will be beneficial to whomever acquires it," added Ren.

Yangzijiang Shipbuilding - New Orders, New Horizon - valuation raised http://sgx.i3investor.com/blogs/singaporestockmarketnews/25070.jsp

YANGZIJIANG: "Raising Target Price To Street-High $1.90," Says Deutsche http://www.nextinsight.biz/index.php/story-archive-mainmenu-60/927-2015/9929-yangzijiang-qour-key-pick-as-the-chinese-shipbuilding-industry-further-consolidatesq-says-deutsche

Check out their website: its been a long time since they updated: 10 April 2015 Launching of Explorer 1 http://yzjoffshore.com//news/index/7

China Cosco to Order at Least 10 Triple-E Megaships Shipping and port giant China Cosco Holdings Co. is set to order at least 10 container megaships, joining an array of competitors in their quest to dominate the world’s busiest ocean trade routes, people with direct knowledge of the matter said. The so-called Triple-E vessels, which can move 19,000 containers each, will be ordered from a Chinese yard and will cost around $1.4 billion in total. “Cosco is in the final process of choosing among five Chinese yards and we may get the firm order by the end of May,” one of the people said. “The ships will be deployed in the Asia-to-Europe trade loop.” http://www.hellenicshippingnews.com/china-cosco-to-order-at-least-10-triple-e-megaships/

Typical, Buy trades showing as sells.

While many other yards are struggling to cope because of oil price drop. Yangzijiang has outperformed. There is some info about the Jackup order in the the information below. The Jackup rig is to be completed in about 2 months. Recently, the rig has been docked out into the water. http://shipoffshore.com.cn/info/detail/49-18490.html# While many yards have cancelled offshore orders, YZJ has advantage point of obtaining orders. Yangzijiang Share Price has recently broke the 1.29 barrier, today reached 1.35. "We expect earnings in FY15F to surprise market expectation positively" "We expect YZJ’s 1Q15 results to beat consensus, with our net profit estimate for FY15F being 25% above consensus. " http://singaporestockmarketnews.blogspot.co.uk/2015/04/yangzijiang-shipbuilding-holdings-price.html

We expect earnings in FY15F to surprise market expectation positively We expect YZJ’s 1Q15 results to beat consensus, with our net profit estimate for FY15F being 25% above consensus. We believe the market has not fully factored in: 1) the up to CNY356mn of general provisions (made in 4Q14) that can be gradually unwind in 2015F, as YZJ exits its real estate-related held-tomaturity products; 2) better-than-expected shipbuilding margins; and 3) writebacks of contingency provisions made on its maiden jackup rig order. (Read Report) https://c82d5952-a-62cb3a1a-s-sites.googlegroups.com/site/researchreportd6/Nomura_YangzijiangShipbuilding08042015.pdf?attachauth=ANoY7cpoA7BktswotdS0QY2Gk0gZUlNcv4dM0CBKh1BRhrDhlmdG_jcqcMX2D6DDm_ZzlPJRqF8w2Ebh9vlfC_Lim17FzSVaFkAaYn8IIS2udGgNCsOw7gzP344nq48MNaopDS-Z6RpBRun21jlZcoheE0Apuw3ALIm105GCS904pfngpIRxjQIzKSw62I2km2fXSobOvYReisT8E5cIy1kpyhTXtnYG2XDVkrrddKW2dlvQ66gzHuwOSorj85NmaPvlFTJWRqru&attredirects=0

Use browser to translate to English http://shipoffshore.com.cn/info/detail/49-18490.html#

http://en.asiasis.com/news_detail.php?bo_table=news_article&wr_id=72749

Zim in talks for mega boxship order Published [ 2015-03-30 07:07 ] Having raised competitiveness in global shipping market though debt settlement and new financings, Israeli containership operator Zim is said to have been under negotiations with Chinese yards. According to TradeWinds, Zim is seeking up to 13 (7+6) units of 14,000 teu ultra large containership and it is in contact with Chinese yards to conduct the newbuilding program. An industrial source said that the liner operator approached Yangzijiang Shipbuilding, New Times Shipbuilding, Shanghai Waigaoqiao Shipbuilding and so on. Market players say that Chinese shipyards’ berth slots are not capable of building large boxships until the second half of 2017 as they are full now. Newbuilding price is expected to be set around $115-120m apiece.

Also the current jackup rig will be completed in a few months with possible option to build another. and they are profiting from MGR resources.

FY Results should be announced by end of month. Considering Free float is less than 20% and we don't get regular RNS's. This is as much as we can look forward too. Also in their last interims they did state they were is advanced discussions regarding potential contracts so hopefully something good will follow the FY results.

Yangzijiang outstrips shipbuilding peers with steady share price growth While other O&M players languish. Yangzijiang has outstripped its shipbuilding peers with a 10% share price growth since November last year, while most other offshore and marine stocks saw significant price declines on back of the oil rout. According to OCBC, Yangzijiang is supported by its small exposure to the oil and gas segment, good track record and hefty cash pile. “There are several possible reasons for the outperformance, with the most important one likely being YZJ’s small exposure to the offshore oil and gas sector – the group is currently building its first jack-up rig, though it will further develop its LNG carrier capabilities. YZJ had an order book comprising 118 vessels worth a total of US$4.75b as at 27 Feb 2015. we believe that YZJ’s good execution track record and significant cash pile (including the held-to-maturity assets) instill confidence in customers to place orders with them,” stated OCBC. http://sbr.com.sg/energy-offshore/news/yangzijiang-outstrips-shipbuilding-peers-steady-share-price-growth

Final Years result due for year ending 31 December 2014. Share price currently 0.35p On 19 March, Zafarullah Karim purchased existing warrants from a third party to subscribe for new ordinary shares of 0.01p in the Company ("Ordinary Shares") for a consideration of GBP20,000 in cash as set out below ("Warrants"). Number of Warrants: 33,315,774 Exercise Price: 1.0p Expiration Date: 31 Jan 2025 The Warrants, which are transferrable, can be exercised at 1.0p only after certain share price performance conditions have been met and certain time periods have elapsed. In addition to the 109,544,785 warrants held by Zafarullah Karim, the purchase takes Mr Karim's warrant position to 142,860,559 warrants, representing 3.7% of the fully diluted outstanding ordinary shares of the Company. Mr Glen Lau, CEO of the Company also subscribed for new ordinary shares of 0.01p in the Company. Number of Warrants: 260,721,118 Exercise Price: 1.0p Expiration Date: 11 March 2025 In addition to the 25,000,000 warrants held by Fulton Capital Management Limited, a company of which Mr Lau is a director, the new grant takes Mr Lau's warrant position to 285,721,118 warrants, representing 7.5% of the fully diluted outstanding ordinary shares of the Company.

Mercom Oil Sands(“Mercom”) MMO significant oil discovery in the Chad Basin meets success The investment in Maverick Petroleum has exposure to near term development upside in Chad. Maverick Petroleum Ltd., has inked a deal with the Chad Government for the development of Sidigui Oilfield and establishment of a 10,000 barrels refinery. http://stateoilcanada.com/chad/ Sedimentary structures and other analysis show that Sidigui sands were deposited from fluvial to shallow marine waters. A faulted dome structure, the Sidigui field, contains several staked pay zones, reservoir rock is good quality sandstone with porosities ranging between 200 md and 500 md. Oil, gas and condensate. Sedimentary structures and other analysis show that Sidigui sands were deposited from fluvial to shallow marine waters. A faulted dome structure, the Sidigui field, contains several staked pay zones, reservoir rock is good quality sandstone with porosities ranging between 200 md and 500 md. Oil, gas and condensate exist. Oil gravity is nearly 48A[bar] API and condensate gravity varies from 50A[bar] to 52A[bar] API. Determined to guarantee that the latest quest for a significant oil discovery in the Chad Basin meets success, the Minister of Petroleum Resources Mrs. Diezani Alison- Madueke has asked the Corporation to put it all efforts in its push to strike black gold in the potential Chad Basin.

Here is the link: http://www.smallcapnetwork.com/Mercom-Oil-Sands-MMO-discovery-of-a-large-quantity-of-gold/s/via/35680/article/view/p/mid/1/id/327/

Last Year Mercom Oil invested £400,000 for a 30 per cent. interest in Lion Natural Resources plc ("Lion"). Lion holds investments in two companies with projects in Sierra Leone and Kenya respectively. 1. Askia Gold Limited Lion's major asset is its interest in Askia Gold Limited (www.askiagold.com), which has developed strong links between the Sierra Leone Government, principal Chiefs and local community leaders in highly productive gold production areas. The company is developing an alluvial gold project and has entered into various partnership agreements with a major mining company, investors and equipment manufacturers. It is projecting output of 25kg of gold per month for its phase one expansion which is scheduled to be completed during Q3 2014. It is expected that production costs will be 28 per cent. of output and scalable without increase in cost up to 60kg per month. 2.Advanced Gold Corp. In Kenya, Lion holds a small minority interest in Advance Gold Corp. ("AGC") which is quoted on the TSX Venture Exchange under the symbol AAX (www.advancegold.ca).

Link has been starred out go to Directors Talk website

Mercom Oil Sands (MMO) discovery of a large quantity of gold http://www.*****************/mercom-oil-sands-mmo-discovery-large-quantity-gold/