ShareJunction - Member Posts

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it has been a while since we see such high volume. Let' s try $0.40 soon.

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Tested $1.01 before 1H25 results, a bit surprised. Retesting and consolidating at $0.98 - $0.985 immediately now. If there is no curve ball to dampen the markets should breach $1 convincinly in conjunction with 1H25 results and spin off update is also expected. Let' s see.

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We are one day late with regard to breaking $0.965 but better late than never! Next target $1 and will be a bit surprise if we get there before 1H25 results.

pkli899 ( Date: 06-Aug-2025 13:59) Posted:

After much pushing, finally hit 98!

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Positive development with regard to AVDV, in fact it?s good for small caps SGX stocks. No wonder quite a number of them are trend up. Now shouldn?t see shortists anyhow sell down though $0.965 proved to be stubborn resistance but time is on the long side esp with 1H results releasing soon cum spin off in progress as well as the relatively large stake of YZJF AVDV is holding. SGX is finally doing something with such disclosure. Hope more fund/etf is doing or thinking to do the same.

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Should overcome $0.965 today. Results any time now. Will we see $1 share price conincide with results release cum update on spin off?

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Past communications keep boasting JEM office has long term rental secured with MND bao jia with rental reversion but now quickly sell. Gearing too high lah no choice and want to save money keep issuing scrip dividends. Not long ago buy JEM now sell JEM and manager keep pocketing acquistion and divestment fees, win liao. ONLY thing good is now gearing drop to 35% quick shout from the top of the mountain. However, be cautious, if sponsor throw Parkway Parade into this reit then personally that will be the last straw on camel back and I will bail.

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This lousy reit unfortunately that I have a small position is reporting results after market closed. I think despite revenue up and NPI up, the dpu will drop and the explanation will go along the lines of ' ... higher financial cost... enlarged sharebase... lower DPU..' . Let' s see.

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Projections for 1H25 results:

EPS: $0.05
NAV: $1.21
SP: $1

The above are base case projection without factoring in what the xiao President may do or say to tank the world' s share markets. If the xiao President behave himself and best case scenario may see the above time 1.1 for the EPS & SP.

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oh well. hit $0.97 at 15:08:39 almost at the same time of the posting lol. Should closed today at least $0.955 or $0.96. Let' s see.

HVRRVH ( Date: 31-Jul-2025 15:08) Posted:

I feel good about the price actions. A gain of about 26% in the month of July 2025 if today closed not lower than $0.95. Today' s price actions alone seems to also suggest BBs are trying to shake off some weak holders. $0.96 is a clear resistance now with strong strong supports from $0.93 to $0.945. Dont have to care what price will it close today, I am sure closer and or after results release plus further spin off news/developments should propel the share price higher up! Be patient long holders!

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I feel good about the price actions. A gain of about 26% in the month of July 2025 if today closed not lower than $0.95. Today' s price actions alone seems to also suggest BBs are trying to shake off some weak holders. $0.96 is a clear resistance now with strong strong supports from $0.93 to $0.945. Dont have to care what price will it close today, I am sure closer and or after results release plus further spin off news/developments should propel the share price higher up! Be patient long holders!

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Moving slightly faster than I expected but it could also be it is really very near to the results release/business update now. Should have no problem withstand the test of new support $0.91 to $0.935 if comes to that. Technical aside, the fundamentals of YZJF is also very strong with spin off and apparently fast growth of maritime businesses. NAV is $1.167. DI may be also turning a corner with China focusing on stimulating the domestic economic especially consumption. Consumption mean buyings, a lof of buyings so hopefully the China property sector can finally see the light at the end of the tunnel. How long more before the market/BBs try $1?

HVRRVH ( Date: 15-Jul-2025 10:00) Posted:

Good projection of timeline. YZJF will become 2 seperate entities after the spin off if it materalised. With current NAV of $1.167, if the 2 entities post spin off does trade above the combined NAV, then the spin off can be said to be successful [if the distribution is 1-1]. Right now, YZJF is facing price resistance at $0.895 and it is likely to overcome this before the release of 1H25 results but it wouldn' t go up too far from here as the market wants to wait and see more detailed information from 1H25 results. Current price is at holding position, it can go up or down depending on 1H25 results and guidance and visibility on profit growth. Hopefully it can trade at a premium to the NAV post 1H25 results if everything go according to old Ren' s plan.

volvo125 ( Date: 14-Jul-2025 01:24) Posted:

YSB/YFH 2022 spin off timeline (Reference)
29 Nov 2021 - (A) 1st announcement on proposed spin off
24 Jan 2022 - (B) SGX approval of submission (1 month 3 weeks from A)
27 Feb 2022 - (C) FY21 result release (~1 month from B)
09 Mar 2022 - (D) Circular release (~2 weeks from C)
24 Mar 2022 - (E) ETL (eligible to list) obtained (~2 weeks from D)
24 Apr 2022 - (F) List (1 month from E)
Total time taken from 29 Nov 2021 to 24 Apr 2022 &ndash 4 months 3 weeks

YFH/YMD 2025 spin off probable timeline (Taking YSB/YFH 2022 as reference)
27 Apr 2025 - (A) 1st announcement on proposed spin-off - Done
02 Jul 2025 - (B) SGX approval of submission (~2 months 1 week from A) - Done
? Aug 2025 - (C) FY21 result release (? month from B)
? Aug/Sep 2025 - (D) Circular release (? weeks from C)
? Sep/Oct 2025 - (E) ETL (eligible to list) obtained (~? weeks from D)
? Oct/Nov 2025 - (F) List (1 month from E)
I think the YFH/YMD spin off will complete within a 6~7month timeline by Oct~Nov, baring any unforeseen Black Swarn market shock in the months ahead.

(B) was decisively executed on 2 Jul, after the close of 1H25 on 30 Jun, likely implies that 1H25 result is Good or at least Not Bad to support the ongoing spin off initiative mood. This is my speculation, and I could be wrong, but I think it is a reasonable assumption because a sub-par 1H25 will negatively impact on the spin off valuation appraisal and will almost certain to derail a supposedly intended positive spin off outcome for both the new listed entities.

(C) should follow shortly after 1H25 release, with the Circular detailing the new capital structures and revenues/earnings projections for both the Legacy and new spin off coy. I have given some thoughts on the probable capital structures of YFH and YMD but I have little clue on how to appraise YMD on its earning trajectory. I will pen my thoughts on these later if I find time to organize my analysis.

Meanwhile, Sit tight with a solid seat belt and expect all the fear mongering and brutal rinising.

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Congrats to those still vested. I was out way too early and as a results, leaving some k on the table and still counting lol. It' s ok as I needed to recycle and redeploy the fund within certain time frame. It seems SingPost may try $0.70 till XD so once again congrats to all who are vested.

HVRRVH ( Date: 13-Jun-2025 10:36) Posted:

I entered with upside TP of at least above $0.70, and downside of not lower than $0.45 and with the already announced $0.09 dividend (most likely payout in Aug), I think the risk is mitigated. SingPost has various properties on its book and most valuable of them all is SingPost Centre. There are reports that they may shift its SingPost Centre operations to Tampines logistic centre and this will free up SingPost Centre for sale or for lease, either way it should unlock value to shareholders. SingPost should tell govt it is not interested in handling matters such as collecting bills for govt agencies, other organisations etc and they can close down all their branches and sell or convert existing branches for other commercial usage to further unlock value for shareholders.

ysh2006 ( Date: 09-Jun-2025 11:01) Posted:

Mr HVRRVH, can estimte this company share price based on your $`1.5b ?...presently now trading at 56.5c. Thanks

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Good projection of timeline. YZJF will become 2 seperate entities after the spin off if it materalised. With current NAV of $1.167, if the 2 entities post spin off does trade above the combined NAV, then the spin off can be said to be successful [if the distribution is 1-1]. Right now, YZJF is facing price resistance at $0.895 and it is likely to overcome this before the release of 1H25 results but it wouldn' t go up too far from here as the market wants to wait and see more detailed information from 1H25 results. Current price is at holding position, it can go up or down depending on 1H25 results and guidance and visibility on profit growth. Hopefully it can trade at a premium to the NAV post 1H25 results if everything go according to old Ren' s plan.

volvo125 ( Date: 14-Jul-2025 01:24) Posted:

YSB/YFH 2022 spin off timeline (Reference)
29 Nov 2021 - (A) 1st announcement on proposed spin off
24 Jan 2022 - (B) SGX approval of submission (1 month 3 weeks from A)
27 Feb 2022 - (C) FY21 result release (~1 month from B)
09 Mar 2022 - (D) Circular release (~2 weeks from C)
24 Mar 2022 - (E) ETL (eligible to list) obtained (~2 weeks from D)
24 Apr 2022 - (F) List (1 month from E)
Total time taken from 29 Nov 2021 to 24 Apr 2022 &ndash 4 months 3 weeks

YFH/YMD 2025 spin off probable timeline (Taking YSB/YFH 2022 as reference)
27 Apr 2025 - (A) 1st announcement on proposed spin-off - Done
02 Jul 2025 - (B) SGX approval of submission (~2 months 1 week from A) - Done
? Aug 2025 - (C) FY21 result release (? month from B)
? Aug/Sep 2025 - (D) Circular release (? weeks from C)
? Sep/Oct 2025 - (E) ETL (eligible to list) obtained (~? weeks from D)
? Oct/Nov 2025 - (F) List (1 month from E)
I think the YFH/YMD spin off will complete within a 6~7month timeline by Oct~Nov, baring any unforeseen Black Swarn market shock in the months ahead.

(B) was decisively executed on 2 Jul, after the close of 1H25 on 30 Jun, likely implies that 1H25 result is Good or at least Not Bad to support the ongoing spin off initiative mood. This is my speculation, and I could be wrong, but I think it is a reasonable assumption because a sub-par 1H25 will negatively impact on the spin off valuation appraisal and will almost certain to derail a supposedly intended positive spin off outcome for both the new listed entities.

(C) should follow shortly after 1H25 release, with the Circular detailing the new capital structures and revenues/earnings projections for both the Legacy and new spin off coy. I have given some thoughts on the probable capital structures of YFH and YMD but I have little clue on how to appraise YMD on its earning trajectory. I will pen my thoughts on these later if I find time to organize my analysis.

Meanwhile, Sit tight with a solid seat belt and expect all the fear mongering and brutal rinising.

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Nice. Even after xd the share price should stay above $1.55 at least. Hopefully FF Wong is generous and give bigger discount to scrip dividend price. 10% would be fantastic!

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Gap up from $0.845 to $0.855 on 4/7/25 and now tested $0.85 but rebounded very fast. The natural gap support prove strong but it would be even better if it had tested $0.845 to close the gap. Should gyrate around $0.845, $0.865, $0.88, $0.895, $1! Hope to see stupendous 1H25 results in Aug 25 to take down $1!!

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Hit $1.55 and mementum seems going strong. Most likely will move down to shake off some holders, just like when it hit $1.46 then back to $1.41/$1.42 levels. Though didn' t add more but happy with the size of my holding and will continue to watch this space. I think can take down $1.7 - $1.8 levels but after that hard to say.

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I can sense your ' fear' of price running up too fast! I echo your view but having said that, it is no denial that we the retailers are less informed no matter what. Those BBs and insiders have intimate knowledge of the company and they are the ones who will always be the ones driving the prices. We only know spin off is getting more concrete now [news first broke in Feb via The Edge, then official announcement in Apr thru SGX, then announcement of incorporation of spin off company on 2 July], however, BBs and insiders should know much more. Maybe 1H25 results is going to see much higher profit yoy with more contribution from maritime businesses thus the anticipated higher valuation of the spin off company post spin off? It is sound to be fearful of price running up without fundamentals and I have to admit that I don' t know but I trust the continuous assessments of the company all this while and I trust the market. If there is value to realise, the market would accord the value accordingly as in the case of Boustead, Centurion, LHN and to a lesser extend, Wee Hur and SingPost etc so far. Anyway, for the past 2-3 years, we have been ' fearful' of price not going up so if we have to choose, I rather be ' fearful' of price running up too fast. At current price, the yield is no longer that attractive as it stand at 3.85% [.345/.895] so if market still demand at least 5% of yield, then it is expected that YZJF' s eps should go up to at least 12 cents so a payout of 4.8 cents would see 4.8% yield if the share price hit $1. I am cautiously optimistic the price will continue to trend up if Whitehouse don' t chut too much patterns.

pkli899 ( Date: 04-Jul-2025 20:44) Posted:

Price moved from 74 to 89.5 in 3 days.
That is almost 21% up.
Can it go further without pause, to reach 92 - 98, before the actual announcement of spin-off?
Better to take a breather then up again.

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I would think many may have missed the boat and quite a number may have exited already too, judging from the ' barometer' of the forumers' participation in this thread. It is much quieter now as compare to those ' tumultuous' days where everyone has different views. It did creep up in my mind with regard to exit point but I would be patient, after learning from my lesson from Sembcorp and Centurion, just to name a few. Personally I would seriously consider exit point only after spin off materalised and or the share price steady at above $1. It may or may not come to that but even if the share price stay in current level, with dividend yield on cost of close to 10% [some may even have it at excess of more than 10%!], there is really no hurry to exit. With old Ren trying to create value for shareholders and in the process, going back to doing what he knows best [taking over VT], we already can see some results so given time, I think he can unlock even more value for shareholders. Hopefully market can re rate YZJF favourably with spin off taking place, besides YSB, LHN, there are many other examples, such as Centurion and Boustead. Though it isn' t like for like but the principle behind the corporate excerise is the same, which is to unlock value for shareholders. Centurion has gone up more than 1 fold and Boustead a cool 40% so why not YZJF? I am optimistic too but let' s wait for 1H25 results and see whether we have more reasons to be even more optimistic.

volvo125 ( Date: 04-Jul-2025 00:40) Posted:

I believe, on the back of all the Long investors mind here, the million dollar question now is how far could this YFH price goes up before the spin off ex-date.

This is really a million dollar question for me. I could exit today with a very decent net profit in excess of $3mil, or I could choose to tank through the ongoing roller coaster till or any time near ex-date to " possibly" reap another $1~2mil additional profit, or even go further and participate into the spin off to tap on to the new combined YFH and YMD next phase growth journey and possibly realise even more future gains.

Taking reference from the earlier 2022 YSB spin off exercise, YSB NAV was $1.96, the highest price closed was $1.64 (or 84% of NAV), and the last day closed price was $1.54 just before ex-date spin off (or 78.5% of NAV). Now with YFH NAV at $1.17 and STI in a very bullish mood > 4000, the highest price could well probably be > > $0.98 (> > 84% NAV) and the last day close might be > > 0.92 (> > 78.5% NAV).

Taking another coy, LHN, with plan for listing for reference. LHN price was on a steep 2 months+ downtrend and hovering around $0.40 or 64.5% NAV. News on spin off was released on 15 Apr and price climbed steadily in the past ~3 months to $0.72 or 1.16x NAV today. STI bullish > 4000 could be a major mood factor that helps to push LHN to 1.16% NAV.

Between 84% ~ 116% NAV, It is really up to the individual investor to decide on his exit point or even go on to participate on the spin off, depending on his risk attitude and appetite.

One immediate consideration to note is the forthcoming 1H25 update releasing in early to mid Aug. The 1H result and tone could accelerate or derail the ongoing price climb. Since YFH chosed to positively reiterate its spin off progress on 2 Jul after the 1H close, I am optimistic that the 1H result will likely be good or at least " not bad" in order to support the mood of the proposed spin off. I hope I am not that far wrong, I am optimistic.

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3 years since and to be exact, 3 years 3 months elapsed and what a turn around. We have seen the lowest price of $0.285 and today, it closed at ATH of $0.845. Long investors can' t say they didn' t have the opportunities to accumulate, as it has traded for the longest time in $0.3x series even with today' s price, the 52-week low is still $0.32!!! If all goes well, by the 5 years mark, YZJF will become YZJF and YZJMaritime Development, 2 companies post spin off. Thankfully old Ren took back control of YZJF, the transformation is not over yet and as a shareholder I am glad he has skin in the game, as he only collected 60k salary for FY24 and bulk of his income came from the dividend just like any other ordinary sharholders.

HVRRVH ( Date: 30-Apr-2024 20:18) Posted:

Have given this stock 3-5 years, timeline remain the same. Average cost 34.5, so far collected .18+.22 = 4 cents. So theoritically cost price is 30.5 cents, which put it just above water line. So far lowest YZJF got to was 28.5 cents if my memory serves me right thanks to VT news. Another counter in fightable position, I like. If price stay the same and dividend stay the same, next year will be profitable by 7.2%, working: 0.022 / 30.5. Will add again if the price touches 30 cents or below. If not, all is well.

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Yes. There should be business update in August and if 1H25 results hit the high note, hopefully the share price can propel to $1 soon.

hokpin ( Date: 03-Jul-2025 09:07) Posted:

Seems no one dollar no sell already!

hokpin ( Date: 03-Jul-2025 09:06) Posted:

~~$0.695, $0.72, $0.76~~, ~~$0.785, $0.81~~ Smashed in a blink!!!