Yangzijiang Shipbuilding (Holdings)

[greengiraffe]

Be a survival, and remains in a good shape, in a down-cycle, is the precursor, of many good years ahead in up cycle, right?

I reckon, nobody doubt, the company will survive and remain in good, if not better shape amid the current storm. Let's see how it perform, after the storm. 

(vested as core investment)

I think due to the lack of depth on sgx, many investors have under-estimated the deep impact of the ongoing economic typhoon on the limited choices on SGX.

As many good companies have been delisted and the lack of quality replacement has resulted in such complacency IMHO.

GG

I reckon, I have analysed the company, with its non-SGX listed peers and competitors as well. Any other better replacement you can suggest, either in SGX or non-SGX for the company? 

My strategy has been loud and clear...

I won't sink a cent into the O&G sector now...

The only bet on survivors for the initial upturn are established E&P players listed on established commodity based exchanges on US, ASX and maybe Toronto.

Woodside is a clear name I can think of listed on ASX as they have started their prowl with its low ball bid for Oil Search as they positioned for a strategic upturn over time.

My experience tells me that the journey in the dark tunnel has just began for many of the Asean based O&G plays.

YMMV