Latest Forum Topics / YZJ Fin Hldg Last:0.42 +0.005 | Post Reply |
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hokpin
Elite |
09-Jun-2022 13:29
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I supported the buy q at 0.500 just when the trend started reversing up. Not able to pick up the Grade 500 Musang King! Ang Chui!
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SAVIORFOREVER
Supreme |
09-Jun-2022 12:54
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Profit taking?
Bid Bid Vol(K) Ask Ask Vol(K) 0.510 2,602.2 0.510 3,255.2 0.505 5,886.8 0.515 6,199.2 0.500 7,887.3 0.520 7,308 0.495 8,770.1 0.525 7,619.6 0.490 9,533.8 0.530 9,187.6 0.485 6,610.9 0.535 9,438.8 0.480 5,457 0.540 12,066.3 0.475 3,502.9 0.545 7,956.1 0.470 5,593.5 0.550 4,215.1 Trade with awareness and DYODD |
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baybefaze
Senior |
09-Jun-2022 11:49
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There' s no valid reasons for this stock to keep dropping Likely someone is heavily shorting - for what reason who knows? Forcing some panic weak hands to throw also. Don' t let fear take hold of you. |
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arkan1111
Veteran |
09-Jun-2022 11:47
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Shortsellers strategic is to run out the SGD200M buy back, the situation like this if management defends with SBB then the most one week run out the 200M, Should shortseller need to return the over borrow shares? | ||||
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SAVIORFOREVER
Supreme |
09-Jun-2022 11:42
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Many got mislead by management buyback.
Anyone knows the attractive price they're talking about? Bid Bid Vol(K) Ask Ask Vol(K) 0.500 180.9 0.505 6,873.5 0.495 6,487 0.510 7,727.7 0.490 6,453.3 0.515 6,930.7 0.485 5,805.1 0.520 6,502.9 Trade with manipulators and DYODD
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newbieliu
Elite |
09-Jun-2022 11:41
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Attack started !! Time for me to reload tomorro
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chiachiawee
Elite |
09-Jun-2022 11:40
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Those who rushed in this morning tiok again. but long term wise maybe different. anyway, yzj ship is a better play lol. whether from TA and FA it is poised to go higher. cheers. | ||||
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hokpin
Elite |
09-Jun-2022 11:37
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Shortists win again! | ||||
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tcctcc
Senior |
09-Jun-2022 11:34
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Sell till $0.40 again ? | ||||
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SAVIORFOREVER
Supreme |
09-Jun-2022 11:32
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Attractive and overvalued is different.
It can be undervalued but not attractive. Congrats to shortsellers for making the right bet. Now can say YZJFH is paradise for shortsellers. Trade with awareness and DYODD
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hokpin
Elite |
09-Jun-2022 11:23
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Management think 5 series is still too over-valued?
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SAVIORFOREVER
Supreme |
09-Jun-2022 11:07
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Seems like price is not attractive for management to buyback.
Trade with shortsellers and DYODD |
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SAVIORFOREVER
Supreme |
09-Jun-2022 10:26
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Flushing contra buyers and weak holders?
Trade with ?and DYODD |
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SAVIORFOREVER
Supreme |
09-Jun-2022 10:18
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Plenty of sellers.
Bid Bid Vol(K) Ask Ask Vol(K) 0.520 5,862.9 0.525 4,316.7 0.515 8,000.1 0.530 12,588.9 0.510 8,129.6 0.535 11,132 0.505 5,459.7 0.540 13,952.2 0.500 6,148.9 0.545 10,959.1 0.495 5,746.8 0.550 7,907.5 Trade with awareness and |
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SAVIORFOREVER
Supreme |
09-Jun-2022 09:37
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x 0
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Management not showing confidence?
Trade with awareness and DYODD |
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YibaoI
Senior |
09-Jun-2022 09:27
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ya lol, same yzj as previously. just have to be patient.don' t margin & leverge. hold using cash hehe
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SAVIORFOREVER
Supreme |
09-Jun-2022 09:24
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Any supporters?
Bid Bid Vol(K) Ask Ask Vol(K) 0.520 3,598.5 0.525 4,102.4 0.515 6,669.6 0.530 11,339.7 0.510 7,618.7 0.535 10,571.8 0.505 5,449.6 0.540 10,758.4 0.500 6,113 0.545 10,773.9 0.495 5,771.5 0.550 7,807.3 Trade with expectation and DYODD |
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stonkmaster
Veteran |
09-Jun-2022 09:22
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Lol I am right again. The way to trade this counter must be patient. Buy when people are selling and sell when people are buying.
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SmallSmall
Supreme |
09-Jun-2022 09:21
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Yangzijiang Financial Holding (YZJFH SP) Undervalued Gem Carved Out With Strong Catalyst From Share Buyback YZJFH is trading at an attractive level and valuation, at around 25% below its first day IPO opening price and about 50% discount to its book value of S$1.08. Having S$4.2b of debt investments, YZJFH had a solid earnings track record of S$321m-345m in 2019- 21, implying a PE ratio of about 6x and dividend yield of above 6%. Based on YZJFH&rsquo s historical mean P/B of 0.84x pre-split, this implies an intrinsic value of S$0.91. YZJFH&rsquo s P/B is trading at a large discount vs peers. Catalyst: Share buyback. &bull Solid track record of 9-15% pre-tax ROA since 2011. Yangzijiang Financial Holding&rsquo s (YZJFH) primary business consists of its debt investment business which invests excess cash into short-term loans and fixed interest debt instruments, generating recurring income. From 2011-21, YZJFH&rsquo s investment business has generated an impressive return track record of 9-15% pre-tax ROA. After the restructuring, YZJFH has plans to recycle its investment principal from matured loans into its investments management business. Around 95% of YZJFH&rsquo s S$3.9b in debt investments is expected to mature by end-22. YZJFH has completed the acquisition of a CMS-licensed fund named GEM Asset Management (GEM) in Singapore, which has provided investment management and advisory services for US$2.4b of assets since establishment. Also, YZJFH intends to set up and provide fund/wealth management services to third-party investors. &bull Strong sign of confidence from share buyback and insider purchases. YZJFH held an extraordinary general meeting on 8 Jun 22 and successfully obtained shareholders&rsquo approval for a share buyback mandate. The proposed mandate would authorise YZJFH to purchase shares of up to 10% of its own issued ordinary share capital. The rationale for the share buyback is to give management the flexibility to increase shareholder value and improve the return on equity when appropriate. As YZJFH is trading at a huge discount to book value, the start of an aggressive share buyback after 8 Jun 22 could be a key catalyst for YZJFH. In addition, YZJFH&rsquo s CEO and its independent directors have acquired a total of 1.7m shares at an average price of S$0.57/share in May 22, indicating their confidence in the company. &bull Attractive valuation with huge upside potential vs historical and peers&rsquo valuations. With zero debt and about S$4.2b of cash and short-term investments, YZJFH is trading at an attractive valuation of 0.5x 2021 P/B. Strong operating cash flows from its debt investments business would support YZJFH&rsquo s proposed dividend policy of at least 40% of net profit after tax, implying a 2022F dividend yield of above 6% (assuming 40% dividend payout from the lowest net profit achieved in the last three years of S$321m). Based on the historical P/B band of 0.5-1.2x of YZJFH pre-split, this implies a valuation of S$0.50-1.29. On the other hand, YZJFH&rsquo s 0.5x 2021 P/B is at a deep discount compared with the peers&rsquo valuation of 0.5-2.1x 2021 P/B (excluding outliers). KEY FINANCIALS Year to 31 Dec (S$m) 2019 2020 2021 Net turnover 457.2 495.2 384.8 EBITDA 403.8 360.2 372.8 Operating profit 403.8 359.7 371.9 Net profit (rep./act.) 344.6 321.1 327.2 Net profit (adj.) 344.6 321.1 327.2 EPS 8.7 8.1 8.3 PE (x) 5.4 5.8 5.7 P/B (x) 0.5 0.4 0.4 EV/EBITDA (x) 3.0 3.4 3.3 Dividend yield (%) 0.0 0.0 0.0 Net margin (%) 75.4 64.8 85.0 Net debt/(cash) to equity (%) (4.4) (0.6) (0.4) Interest cover (x) n.a. n.a. n.a. ROE (%) 9.8 7.8 7.3 Source: YZJFH, Bloomberg, UOB Kay Hi |
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pasttime
Elite |
09-Jun-2022 09:18
Yells: "peace, love, joy be upon you" |
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if they do bb today. more likely to be towards end of day then begin. day traders difficult to benefits. |
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