DBS & CGS TP $3.8 & $2.72 $YZJ

DBS & CGS TP $3.8 & $2.72

$YZJ Shipbldg SGD (BS6.SG)$

DBS has a contrarian view and TP of $3.80!

" Vessel delivery lead time is at least 3 years as major shipyards are full through 2028. As a result, shipowners adopt a wait-and-see approach, postponing vessel ordering decisions."

https://www.nextinsight.net/story-archive-mainmenu-60/948-2025/16160-yangzijiang-shipbuildings-q1-order-slump-sparks-caution-for-cgs-but-dbs-thinks-stocks-a-steal

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