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YZJ Fin Hldg
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YZJFH - potentially rewarding
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Login20
Master |
16-Apr-2025 20:33
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Those interested investors can buy direct from market cheaper why need to pay higher prices. 
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volvo125
Master |
16-Apr-2025 20:07
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I give him a full 90degree japanese bow ! With such a decisive and no nonsense founding leader on the steering wheel, 我 们 这 些 小 股 东 不 愁 赚 不 了 大 钱 !
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ysh2006
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16-Apr-2025 20:02
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The buyer of the treasurer's shares very stingy just one day dropped lower 85% said cancelled the purchase shares....now YZJFH maybe angry and cancelled all treasurer's shares ?. | ||||
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Login20
Master |
16-Apr-2025 20:00
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Yes very decisively, power. let see how it go tomorrow. Thank you for your always good input to date.
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Login20
Master |
16-Apr-2025 19:56
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https://links.sgx.com/1.0.0/corporate-announcements/ZP7901FFA9BF3YSY/b891866baff997824a46c4de1090291afe441feada06c0f098c598fa7569ee08
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volvo125
Master |
16-Apr 20:33
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Yes, Uncle Ren sibey decisively resolute and solid. Upon the receipt of TS placement cancelation from the strategic investors, he went on immediately to cancel the entire ~194m treasury shares. Salute !
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Login20
Master |
16-Apr-2025 19:49
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Cancellation of excess and unutilised treasury shares to enhance shareholders&rsquo value  193,527,600 shares cancelled https://links.sgx.com/1.0.0/corporate-announcements/DVNJ6PVO7K2ANVJI/cf73279b0d94cb70b518e2948d37ec6f3cdac30a028b81aa911756d62cd5fd84 |
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pasttime
Supreme |
16-Apr-2025 09:12
Yells: "gold silver are real money. not others iou." |
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feel more assured after agm.  maritime business set to grow on a no yard ship building model. only uncertainty is trump created chaos. with rare earth export control. think soon trump will removed chinese tariffs. or face many industry stop work due to no enough essential material |
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hokpin
Supreme |
15-Apr-2025 21:45
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Thanks. Eddie
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EddieLeong
Member |
15-Apr-2025 21:35
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The CEO reiterated his business plan for yanzijiang financial holding without owning the ship. Establish business with liner to work with second or third tier ship builder providing financial support offer to loan to those ship builder or co-own while building. Provide expertise to ensure the ship build are 1st class then resell at 80% of the first class price . When question what if In the event if the ship build do not match the quality , he rest assure that he can always give his son a call to ship it for enhancement at yanzijiang ship building. He often able to get 8-12% profit per deal.
Healthy book order in the pipeline for next 3 years (until 2028). He see little impact from The current trade war between US and China. Mr Ren highlight that given the situation the weaker ship builder without much fund might close and further market consolidation which will benefit yangzijiang in long run given the rich cash position. There always demand for new ship and better ship to replace the old and he got the 53 years experience and connection to both big liners and ship building yards to do so. No news on scrip dividend as he mention it is not agenda in this AGM and if have will have another session for voting. Sale of treasury share to 5 directors at 0.72, as of today no one withdraw yet. But they are allow to do so within the 90 days. It is up to individual to decide. He commit that as long as he is on the helm he guarantee yearly 40% profit as dividend. All resolutions stated in the AGM voted passed ~ 99%.
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hokpin
Supreme |
15-Apr-2025 15:39
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So anyone have any good news to share from the AGM? | ||||
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pkli899
Supreme |
15-Apr-2025 08:37
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Capital Tower #09-01  Big Picture Threatre 3 pm. |
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ysh2006
Supreme |
15-Apr 05:33
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Where is the venue and time of AGM ?
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pkli899
Supreme |
14-Apr-2025 16:57
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Till now no news on cancellation of deal. Means still got chance. Anyway, tomorrow is AGM, can check. Too bad, I' ll be away, cannot attend. 
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sgng123
Supreme |
13-Apr-2025 20:57
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Most likely the TS investors would bring up the stock price as current stock price very near 85% of closing price 28 march. As long no more drama from America side and trump start to back down. We should see recovery of stock price toward 0.72. Very low q on both buysell on trading. Everyone freek out and stay away from stock market including shortists. |
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HuatAh7898
Supreme |
13-Apr-2025 14:49
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which direction it will go from here... so much more risks concern for the deal under such turbulence time
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Newbornborn
Senior |
13-Apr-2025 14:05
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Trump pull back ..
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sgng123
Supreme |
12-Apr-2025 17:21
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Don worry too much, china indicated they not gona raise tariff beyond 125%. Trump can go on on with the number game as current tariff 145% make import to US unprofitable and china shifting their us  export. Soon American would face shortage of everything and price would shoot skyhigh. Another dumb gambit by trump which he would pull out at first sign of trouble.
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pasttime
Supreme |
12-Apr-2025 08:37
Yells: "gold silver are real money. not others iou." |
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thxs volvo125 for such informative post. 4 ships order at slightly less then $30m is about $120m. the treasury shares sale raise $139.3m. about balance with some cash left over for other use. they are riding on the difficulties in financing ships that is not complete build. then ride on the partner shipping connections. then transfer these interest to interested parties in the holding company.  so we see them building a low cost management income business. maybe this one they intent to list later. other ship order for similar type is $32m so there is some discount of about 6-7% for the money yzjfh has and ren veteran maritime experience. |
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HVRRVH
Elite |
11-Apr-2025 05:33
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Lol I offloaded some at $0.69 as per posted and bought back some as well. I will repeat and rinse the process, i.e., to sell high and buy low, this would further reduce my average holding cost using FIFO since those earlier purchases were at much higher prices. If I can' t buy back at low, then it' s ok, it would simply mean the position size getting smaller and the profits locked in. There again, there is a certain size that I wish to hold so this sell high and buy back low process may not continue forever if I am unable to buy back at low. Also, as the CD/XD is coming up, I will pause this practice for the time being. 
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