Highlights

Yangzijiang Shipbuilding Holdings rated 'outperform' by CIMB

Date: 14/01/2011

Source  :  CIMB
Stock  :  YZJ Shipbldg SGD       Price Target  :  2.69      |      Price Call  :  BUY
        Last Price  :  2.63      |      Upside/Downside  :  +0.06 (2.28%)
 


CIMB in a Jan 13 research report says: "Yangzijiang had secured US$415 million worth of contracts from Sep 10 to Dec 10, comprising 15 bulk carriers with delivery over 2011-2013. This brings 2010 contracts won to about US$1.5 billion.

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