Yangzijiang Shipbuilding Is My Winning SG Stock
@koolgal:
🌟🌟🌟On December 12, Yangzijiang Shipbuilding $YZJ Shipbldg SGD(BS6.SI)$ hit its All Time High at SGD 2.81. Yangzijiang (YZJ) has been on an upward momentum this week, rising 6.4% in the past 5 days. YZJ is now up 82% year todate and 91% in 2023. This is simply one of the best performing Singapore stocks. YZJ is the largest and best managed private ship builder in China with a wide economic moat to compete against its Chinese and Korean competitors. It manufactures large and medium sized container ships, bulk carriers, oil tankers, liquid carriers and other clean energy ships. Why is YZJ up? This is due to YZJ securing new orders for 21 vessels totalling