Latest Forum Topics /
YZJ Fin Hldg
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YZJFH - potentially rewarding
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SAVIORFOREVER
Supreme |
01-Nov-2023 22:01
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Maybe force them to sell lower by initiating a tsunami tomorrow?
Shortsellers just sell on any speculation amid unfavourable news? Trade with buy low sell high and DYODD
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SAVIORFOREVER
Supreme |
01-Nov-2023 21:30
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Think anything below 30 is worth buying.
Trade with expectation and DYODD |
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Nippon72
Veteran |
01-Nov-2023 20:29
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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While we refrain from speculation, there is always no smoke without fire. I would hold my horses to average down, especially successive resignation of office holders. Unless Ren or Mgt allay my concern by putting money where their mouth is? By increasing their stakes or making an official announcement. Not too sure whether any senior members sell or par down their stakes? Vested |
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sgng123
Supreme |
01-Nov-2023 20:18
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The meeting still in progress? | ||||
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Panda8
Veteran |
01-Nov-2023 19:59
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Please ignore this " xiao lan" , talk rubbish only.  Naive ppl, until today still don' t know what is CFD and keep saying need to borrow share to short. market float only 19 million for borrow, how to have so many million of share everyday short?  btw, is your surname " Chew" ? I found this Chew is 21st largest shareholder, having 1088000 share. 0.03%.   
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volvo125
Master |
01-Nov-2023 19:51
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Aiyo ... it' s just a GC who handles SG legal matters resigned, no big deal lah. In fact, with the impending departure of VT, the Head of Direct Investment (Alvin Chew) may go too because he was also previously from ICH. Regardless, even if AC leaves, YFH would just seek a replacement... no big deal lah.
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ss2017.
Supreme |
01-Nov-2023 19:43
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Await for this evening briefing. No second guess whether any delisting in this early time.
L&T members appreciate you send a brief message of the CFO presentation and the gist of q&a. Many thanks |
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sgng123
Supreme |
01-Nov-2023 19:39
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Just be prepared mentally for delist. sg management leaving one by one not good sign. China based management still intact though so fundamental should be ok. Anyway it just pure guess work now,  Hold fast don load stay cool. Hope they don steal 2023 dividend as no provision expected this year, higher dividend, |
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pkli899
Supreme |
01-Nov-2023 19:30
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Please don' t speak as if u know everything la. As if what u said are absolute fact. U, like me, had no idea what actually happened la. |
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sgng123
Supreme |
01-Nov-2023 19:21
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Ok loh legal counsel resigned to pursuit other interest if u like this style of saying. The sg management start leaving to make way just be prepared for delist. Delist offer mostly based off VWAP 0.35, how much premium ren willing to pay is ? Don care if company making money or not, as long ur average price not too high u still can get back ur capital. For now hold fast don load as too much uncertainty in market. wait for dividend or exit offer for yzjfh.
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pkli899
Supreme |
01-Nov-2023 19:20
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We should wait for news of tonight event before making wild guess. Two resignation, whether voluntary or kick out, we outsiders really cannot confirm. We should watch for further development to have a clearer picture before we jump to conclusion.  |
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stonkmaster
Veteran |
01-Nov-2023 19:16
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Also good la. Give us 50 cents take it private.
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sgng123
Supreme |
01-Nov-2023 19:13
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They can take away ur cash cow since so many surrender to shortist and let Ren and associate controlled 60%. if a good exit offer pop, lot of retail cpf investors would give in, hitting delist 90% then u can say goodbye to ur cash cow. Only one laughing to end is Ren and associate as they get a cash cow for cheap lol.
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pkli899
Supreme |
01-Nov-2023 19:10
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Hello, please don' t second-guess and anyhow say this got kick out, that got kick out la. Stated clearly in announcement that there will be a replacement.
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sgng123
Supreme |
01-Nov-2023 19:08
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Depend if exit offer pop after full year result , most likely u can say goodbye to dividend. Typical china privatisation move. Or if exit offer pop in dec before full year result, u say goodbye to dividend too. There just too many hint yzjfh not gona stay for the long run, kicking ceo less than 2 years with no good reason and severe distress stock price for Profitable company. Now more management leaving... not very good for PR either don care as founder gona delist since no sign of bad news.
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sgng123
Supreme |
01-Nov-2023 19:02
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Strong hint Ren gona take yzjfh private next year. Now legal counsel also get kicked lol.  Management undergo streamlining for next year privatisation. Private company only need GM and managers, don need directors, ceo, counsel or what ever fancy roles required for public listed requirement.
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ss2017.
Supreme |
01-Nov-2023 18:57
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No lah, his post will be replaced by a new person.
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ss2017.
Supreme |
01-Nov-2023 18:55
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Regardless what happens to the company, I am sure we will get dividend next May .
Year low price is 29.5c. It is unlikely to revisit 28.5c (intra-day low price) I look forward to 40c by May 2024. Hope the company announces more positive news tonight. |
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stonkmaster
Veteran |
01-Nov-2023 18:43
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Possible delist at 50 cents? I thought today is the q&a? No updates?
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MambaFinancial89
Veteran |
01-Nov-2023 18:28
Yells: "Be greedy when others are fearful. " |
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Just announced on SGXNet the cessation of the FH' s General Counsel, Koh Boon Chiao who was originally appointed General Counsel in September 2023. Quickly following Toe' s resignation, this does not look good... As per comment below, privatisation at 0.50 would be welcome at this point...  | ||||
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