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It's fun alright,every buy results in a tick up.:)
I am surprized at the lack of interest,here.Sometimes investors wait for the momentum but they will need to pay a higher price!
Another million buy & tick up
Directors options at 1p so good news must be on the horizon.
Only one Mm left on .32 rest are in forties,Gap.
Akramms,any news about the precise date for the results,I know they are close.
Not bad for the day,25%!. Let's hope this momentum continues. Results coming hopefully with contract news should take us easily to 1p.,imo.
Director Dealings The Company announces that 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 £20,000 in cash as set out below ("Warrants"). Number of Warrants Exercise Price Expiration Date 33,315,774 1.0p 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.
I try to avoid the term bonkers but the price can go bonkers any time here & I thing it will be sooner than later.
Imo,we should be getting contract news soon. The last allocation for the director was v.intersting.
Yangzijiang Shipbuilding Holdings YAZG.SI YZJSGD SP EQUITY: CAPITAL GOODS Price catalysts abound in 2Q15F Time to accumulate one of the most profitable yards in Asia, backed by strong order backlog Maintain Buy with a TP of SGD1.56, an 18% upside potential We retain our Buy rating for YZJ and TP of SGD1.56, which is based on 1.2x forward P/B on BVPS of CNY6.1 as of end-FY15F. We believe there are several catalysts for YZJ’s share price from 2Q15F. BDI’s slow rebound from mid-February might get a seasonal boost The Baltic Dry Index (BDI) has stayed below the 800-level for more than three months for now, with ship owners running ships at below cash cost breakeven. The rebound from the record and unsustainably low of 509 in mid-February to last Thursday’s 588 should receive new support from the seasonal upswing for iron ore and grains seaborne trade globally in 2Q-3Q15F, and the rise in ship demolition activities YTD in 2015. We expect the possible BDI rebound to be positive for the investor sentiment on YZJ, which is the leading global yard for dry bulk carriers, as the correlation between BDI and YZJ’s forward P/B is 0.8, and P/E is 0.7 (refer to our initiation report, published on 5 Jan 2015). Near-term boost from impending dividend payout on FY14 earnings We expect YZJ to pay its one-tier tax exempt dividend of SGD0.055 per share for FY14 in May, after the shareholders’ annual general meeting on 30 April. This implies a 4.2% dividend yield in the near-term. In the long-term, we expect YZJ to raise its dividend payout to SGD0.06 per share for FY15F as we expect the group to return to net cash position by end-2015F. 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. Year-end 31 Dec FY14 FY15F FY16F FY1
lack of news,few traders sorting their tax retuns. Anyways sellers are out. Charts pointing movement in the right direction. News time getting closer & i will happily enjoy the fireworks here.:) This will move like propelled rockets.
Max. 1.4M. still available to buy at .309
1.45M. buy
Buys should be trickling
Excellent buying/investing opportunity at these silly prices.:)
Talks are on going for new contracts/deals otherwise no need for the board to clarify.
Difficult to buy large amounts,may do another 100% on volume
Gents,any idea about the floor here,Do you think in this negative trend Rame can test 5p? Regards
I asked this question,when Arms was at 22p.Did not get a satisfactory answer