[New post] CIMB: Yangzijiang Shipbuilding

alanyeo posted: " Overachiever■ Amidst record-high freight rates, YZJ clinched another US$1.08bn of newcontracts, bringing YTD orders to US$6.67bn and order book to US$8.74bn.■ EPS raised by 1-26% for FY21-23F as we lift our 2021 order win forecast by60% to US$8bn (from U" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Yangzijiang Shipbuilding by alanyeo Overachiever■ Amidst record-high freight rates, YZJ clinched another US$1.08bn of newcontracts, bringing YTD orders to US$6.67bn and order book to US$8.74bn.■ EPS raised by 1-26% for FY21-23F as we lift our 2021 order win forecast by60% to US$8bn (from US$5bn), offset by lower GM for steel price effects.■ TP is upgraded to S$1.91 (SOP valuation). […] Read more of this post alanyeo | August 2, 2021 at 1:01 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2l9 Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/02/cimb-yangzijiang-shipbuilding/ Thanks for flying with WordPress.com