The Not-so-little S-chip That Could
UOB KH maintain buy with a higher target price of S$2.86 (previously S$2.19).
YZJ's strong share price performance this year reflects its stellar operational and new order win performance by riding the shipbuilding upcycle, in their view.
They have upgraded their earnings by 10-30% as well as their 2024 order win expectations from US$5b to US$7b despite the company maintaining its guidance of US$4.5b.
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BagHolder23 : How long can the current pile on by retail investors last I wonder![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Institutional investors are flat. Will be a bunch of panicing retail investors when gravity takes over.
bullrider_21 OP BagHolder23 : Looks overbought. May be good to take profit.