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HVRRVH Elite	19-Jan-2024 14:16        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	With this type of volume immediately after 9m SBB, yet the price staying put instead of going up to at least 33.5 so it does not bode well short term. In other words, short sellers or genuine sellers are still happy with current price for selling, thinking that the price will go down. It would be clearer later after market closed with or without SBB annoncement. If no or miminum SBB, then it is better as it suggests there are other genuine buyers as oppose to just 1 buyer, i.e., SBB.  HVRRVH      ( Date: 18-Jan-2024 23:31) Posted: Let' s hope the 12m plus shares transacted at 32 cents were sold by traders who went short. Then they may find it hard to drive it down to 31.5 again, as it seems that YZJF is determined to scoop up huge amount of shares at 32. Then shortits would have to buy back at 32 or 32.5. Next few days should see similar volume in bid to cover if indeed that today' s volume was the result of short sells vs SBB.
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SAVIORFOREVER Supreme	19-Jan-2024 13:43        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 3  Alert Admin	Only done 700 shares @33. Trade with facts and DYODD sgng123      ( Date: 19-Jan-2024 13:39) Posted: Think after lunch another 4m buy done at 0.33, this basically a bb vesus SBB thing minimum retail participation. Long shorting betting position spanning from 2023, takjng advantage of very low borrowing cost.
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pkli899 Supreme	19-Jan-2024 13:43        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Come to think of it, until recently SBB still at 30.5 to 31.5. Now shifted to 32......it' s because already know earning good?
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sgng123 Supreme	19-Jan-2024 13:39        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think after lunch another 4m buy done at 0.33, this basically a bb vesus SBB thing minimum retail participation. Long shorting betting position spanning from 2023, takjng advantage of very low borrowing cost.
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finjungle Veteran	19-Jan-2024 11:21        finjungle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hello SS2017 please share or let me know where to locate the article about China you mentioned Many thanks ss2017.      ( Date: 19-Jan-2024 11:15) Posted: I think short sellers need to vomit out all their profit because EU latest assesment on China economy is fine and positive
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ss2017. Supreme	19-Jan-2024 11:15        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think short sellers need to vomit out all their profit because EU latest assesment on China economy is fine and positive
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John210119 Member	19-Jan-2024 10:59        John210119 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shortists double down since China at peak pessimistism. Given strong SBB, company is likely to pivot from here. Hope good money is flowing in soon.
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sgng123 Supreme	19-Jan-2024 10:23        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	8m sell at 0.32 early morning, think SBB push it back now q at 0.32 at 5m 0.325 at 4.5m. Today guess another big SBB transacted volume. Those short sellers very anti china loh, short at all cost. Now we see who cannot tahan.
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HVRRVH Elite	18-Jan-2024 23:31        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let' s hope the 12m plus shares transacted at 32 cents were sold by traders who went short. Then they may find it hard to drive it down to 31.5 again, as it seems that YZJF is determined to scoop up huge amount of shares at 32. Then shortits would have to buy back at 32 or 32.5. Next few days should see similar volume in bid to cover if indeed that today' s volume was the result of short sells vs SBB.
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ss2017. Supreme	18-Jan-2024 21:55        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you are observant enough, listened to a few qualified financial mentors here, very soon you will become one of YZJFH millionaires in this chat group. Good 🤞 🏽 .
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ss2017. Supreme	18-Jan-2024 21:41        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who are selling? They seem do not belong to any substantial or foreign share holders. Likely that these sellers are a gang of day gamblers, thinking of YZJFH is a casino stock besides Genting. 😁
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sgng123 Supreme	18-Jan-2024 20:35        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But by not cancel stock, stock price would not go up loh. Reason why Dow Jone can hit 37000 cos they cancel SSB stock, artificially  Propping up the stocks. Cancelling stock remove uncertainty that lift to EPS can be reversed through sale of treasury stock. But again Ah moh very good at artificially prop up valuation. HVRRVH      ( Date: 18-Jan-2024 19:05) Posted: On the contrary, it make perfect sense not to cancel the shares because it can be sold in bulk to interested party in the future, of course at the material time the company must have been doing very well. Also, it can be use to reward employees under share reward scheme, it can also be given out as bonus shares to shareholders in general. In fact, most companies have kept the treasury shares as oppose to cancel them.  eddyeddy      ( Date: 18-Jan-2024 18:58) Posted: It doesn't make sense if they do not want to cancel the sbb shares
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sgng123 Supreme	18-Jan-2024 19:49        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But anyway continue buying up then Ren stake would breach 25% takeover level.   just check SGX revised the 30% threshold to 25% Think YZJFH gonna go full throttle on SSB till full year result though they also buy cheap ...
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sgng123 Supreme	18-Jan-2024 19:46        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	10% cap actually refer to total shares plus treasury =3955m Problem with china company is they don cancel it HVRRVH      ( Date: 18-Jan-2024 19:05) Posted: On the contrary, it make perfect sense not to cancel the shares because it can be sold in bulk to interested party in the future, of course at the material time the company must have been doing very well. Also, it can be use to reward employees under share reward scheme, it can also be given out as bonus shares to shareholders in general. In fact, most companies have kept the treasury shares as oppose to cancel them.  eddyeddy      ( Date: 18-Jan-2024 18:58) Posted: It doesn't make sense if they do not want to cancel the sbb shares
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volvo125 Master	18-Jan-2024 19:22        volvo125 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya ... very, very amazingly surprised ... but it' s a blatant demonstration of a very deep pocket strength by YFH. Their 1st order inside the 0.32 support queue could have been taken out by the sudden one shot [email protected] selldown at 14.25pm, so they put a 2nd order (part or the full of the one shot [email protected] buy up) at 14.32pm to buy back up the range to support the 0.32. Well done Uncle Ren ! ss2017.      ( Date: 18-Jan-2024 18:37) Posted: Wow 9m SBB out of 13m transacted. Interesting 😎
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Segarvale Senior	18-Jan-2024 19:12        Segarvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another 28m to go before hitting 10%.
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HVRRVH Elite	18-Jan-2024 19:05        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	On the contrary, it make perfect sense not to cancel the shares because it can be sold in bulk to interested party in the future, of course at the material time the company must have been doing very well. Also, it can be use to reward employees under share reward scheme, it can also be given out as bonus shares to shareholders in general. In fact, most companies have kept the treasury shares as oppose to cancel them.  eddyeddy      ( Date: 18-Jan-2024 18:58) Posted: It doesn't make sense if they do not want to cancel the sbb shares . HVRRVH      ( Date: 18-Jan-2024 18:38) Posted: I can see that sellers managed to push it down to 31.5 easily before the SBB, which was big enough to bring it back up to 32. It is hard to read anything into this because the SBB seems to suggest that YZJF management is super confident, especially with this big SBB. On the other hand, BBs with such big stake to sell should be better informed that most of us, and the relentless selling seems to suggest that they know or don' t think YZJF' s future profitability is anything to be shout about. What is clear is YZJF has now bought back 10% of total shares, in fact, they have exceeded it with this trance of SBB. However, in their filing on SBB, we can see that the percentage of SBB with the latest mandate is only 2.49%. In other words, they can continue to buy back the shares if they want and the 10% cap is based on each latest mandate they obtained. It would be better that they cancel the bought back shares to enhance NAV but at this juncture, I think it is not going to happen. Let' s see.
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eddyeddy Master	18-Jan-2024 19:01        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	It doesn't make sense at all , if they do not want to cancel the sbb shares . HVRRVH      ( Date: 18-Jan-2024 18:38) Posted: I can see that sellers managed to push it down to 31.5 easily before the SBB, which was big enough to bring it back up to 32. It is hard to read anything into this because the SBB seems to suggest that YZJF management is super confident, especially with this big SBB. On the other hand, BBs with such big stake to sell should be better informed that most of us, and the relentless selling seems to suggest that they know or don' t think YZJF' s future profitability is anything to be shout about. What is clear is YZJF has now bought back 10% of total shares, in fact, they have exceeded it with this trance of SBB. However, in their filing on SBB, we can see that the percentage of SBB with the latest mandate is only 2.49%. In other words, they can continue to buy back the shares if they want and the 10% cap is based on each latest mandate they obtained. It would be better that they cancel the bought back shares to enhance NAV but at this juncture, I think it is not going to happen. Let' s see.
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HVRRVH Elite	18-Jan-2024 18:38        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	I can see that sellers managed to push it down to 31.5 easily before the SBB, which was big enough to bring it back up to 32. It is hard to read anything into this because the SBB seems to suggest that YZJF management is super confident, especially with this big SBB. On the other hand, BBs with such big stake to sell should be better informed that most of us, and the relentless selling seems to suggest that they know or don' t think YZJF' s future profitability is anything to be shout about. What is clear is YZJF has now bought back 10% of total shares, in fact, they have exceeded it with this trance of SBB. However, in their filing on SBB, we can see that the percentage of SBB with the latest mandate is only 2.49%. In other words, they can continue to buy back the shares if they want and the 10% cap is based on each latest mandate they obtained. It would be better that they cancel the bought back shares to enhance NAV but at this juncture, I think it is not going to happen. Let' s see.
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ss2017. Supreme	18-Jan-2024 18:37        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow 9m SBB out of 13m transacted. Interesting 😎
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