| Latest Forum Topics / YZJ Fin Hldg Last:0.225 -- |
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YZJFH - potentially rewarding
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volvo125
Master |
31-Jan-2024 13:35
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I think we are now inside the 1 month blackout period liao.
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ss2017.
Supreme |
31-Jan-2024 12:37
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I sold unplanned 25lots at mkt open to test SBB. If there is no SBB today then a blackout window has been in placed. I expected dividend 2.75c soon. | ||||
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sgng123
Supreme |
31-Jan-2024 03:46
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Current stock price not priced to valyation, it more of US Chiba rivary where american funds asked by biden to crush china asset. | ||||
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sgng123
Supreme |
31-Jan-2024 03:41
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Ren Y L stake go up from 23% to 24%, very close to takeover 25%. Got feeling SBB would not be renewed in AGM as any further buyin would force old ren hand. Hope there be notice to treasury stock cancellation in AGM |
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volvo125
Master |
30-Jan-2024 16:16
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Yes, unless it has already fallen within the 1 mth blackout window such that YFH plans to release Fy23 on 30 feb or earlier.
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ss2017.
Supreme |
30-Jan-2024 15:55
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Based on our observations, today we should see the execution of SBB. Let's see. | ||||
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HVRRVH
Elite |
30-Jan-2024 10:01
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Yesterday very low volume and today likely to be the same. One reason could be that SBB prohibited window has started so results should be announce within 1 month and most likely early Feb. While it is understandable that shortists dare not short now because without SBB, they may not be able to cover as there is a lack of buyers but am puzzled why genuine sellers also stop selling at 32 cents? There are still buyers queuing at 32 but this is unlikely SBB queue as in the past, SBB at or below 32 only took place when there were big sells pushing the price down below 32. Is this sign of selling exhaustion? Nonetheless, the lack of big buyers is a concern. | ||||
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volvo125
Master |
29-Jan-2024 20:56
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There won't be any sbb unless sellers sell and breach the 0.32 support, then YFH will come in to buy just exactly up to restore back the 0.32/0.325 trading range. This has been the pattern in the past weeks and seems to be the stand YFH has taken until the Fy23 release.
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ss2017.
Supreme |
29-Jan-2024 17:09
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I suspect today no SBB, yet the price moved up one bid, not bad. | ||||
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HVRRVH
Elite |
29-Jan-2024 12:13
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Let' s see any reaction or not. Evergrand officially ordered to liquidate by HK court. It is good to get rid of tumour such as this in the system. | ||||
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lailai
Elite |
29-Jan-2024 08:48
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if got no sbb by konsi, will shorties cont to attack. tink hard to say, as they vely tricky one. they may pump up instead. that would be a laff for steady holders but cry for weak sellers. jus opnn.  
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HVRRVH
Elite |
28-Jan-2024 13:04
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Agree. If the dividend is anything more than 3 cents, I would be in profit after factoring in last year' s dividend. The position would then be satisfactory after just 2 years of holding. I don' t think BBs pushing the price down is going to make it so easy and I think even with the upcoming dividend, the share price will maintain at around 30-35 cents for considerable time. This would mean breakeven price for anyone is between 25 cents to 30 cents if 2 years' worth of dividend is at least 5 cents in total. The sensing is that many people' s average holding cost is more than 35 cents, thus, major price support and resistance has been established at 30 cents and 35 cents respectively. Going forward, only the tangible stuff matters, i.e., if YZJF grow its profits and dividend, the resistance at 35 cents will be taken out easily especially if those holders with breakeven price at 35 cents don' t sell. On the other hand, if YZJF fails to provide earning visibility, then support at 30 cents will be seriously tested.
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stonkmaster
Veteran |
28-Jan-2024 11:59
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Don?t expect too much. The price don?t drop below 32cents and enjoy small dividend every year already good enough. Just treat this stock as long term fixed deposit for now.
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eddyeddy
Master |
28-Jan-2024 10:46
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Div of 3cents is still not so bad . | ||||
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sgng123
Supreme |
28-Jan-2024 00:17
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3q business update period from jul-end sep, 4q Oct to end dec. 2/3 of 550m PE china on unlisted companies. Anyway be cautious when dealing with yzjfh, it like to surprise. |
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MambaFinancial89
Veteran |
27-Jan-2024 14:01
Yells: "Be greedy when others are fearful. " |
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Casual rant: Have begun to adopt a view that the dividend might end up being closer to 2.5 cents as opposed to 3 cents (which I was praying for and would accelerate share price recovery). This actually translates to a 7.7% yield, which is decent. I do retain some hope however, with the recent aggressive share buybacks being conducted that the company is somewhat bullish on long-term prospects. Do recall though that when the $200m buyback program was announced, the price was $0.525 and everyone seemed to be excited as it was quite rare for an SGX listo to announce such details. I cheered and bought before subsequently averaging down at multiple entries (following Sutat, for example - how can he be wrong?). Here we are, after all the buybacks, at $0.32. It has been a painful journey. I have spoken to several investor friends and the conclusion is that institutional buying will not take place in any big way until FH establishes a track record of investment performance beyond debt investing... Long road to recovery ahead... See everyone at the AGM! |
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ss2017.
Supreme |
27-Jan-2024 13:54
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Take a quick glance of YZJFH price this day: Open $0.320 Previous Close 0.320 YTD Change -1.54% 12 Month Change -16.88% Day Range 0.320 - 0.325 52 Wk Range 0.285 - 0.395 China rmb is getting stronger in 2024 maybe below 7 in exchange for usd, expected China GDP growth last year was above 5%, more stable economy in 2024 whereas in USA GDP growth just 1.4%. USA mkt is heading for a correction soon. Mkt makers tried to suppress China stocks, uplift USA stocks, but the momentum is weaker day by day. China stocks have a high chance for recovery in 2024 , I forsee the worst is over for YZJFH. Cheers 🥂 | ||||
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volvo125
Master |
27-Jan-2024 12:18
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The ~$650m worth of P& PE, if assuming half was in China, and the Chinese stock market rout in 4q caused a 10~20% valuation down, the FVTPL negative impact could be in the range of $33~$65m, it is significant. As for npl provision, the 3q23 update was released in end Nov, with just barely 1 month more to close the full year. If there are more npl provision expected in 4q, the coy would have been known by then and they would not have approved the further 5.3m write back in 3q.
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sgng123
Supreme |
27-Jan-2024 11:20
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Best is for yzjfh to exit it PE investment in china and redirect money to SG. Good for stock price if more cash is dump in SG. See if treasury stock cancellation included in AGM |
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sgng123
Supreme |
27-Jan-2024 11:15
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Fair value adj not much concern as it had been reduced from 17% to 15%. Only 1/3 in listed company, impact very limited, the scary pt is NPL provision yzjfh like to surprise.
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