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Finally kickstart the SBB ... NAV 0.533 vs current price 0.197 gives a steep discount of 63%. Hope she will buy back more to exploit this lucrative arbitrage opportunity to boost EPS and in turn gives we shareholders a higher DPS.
YFH balance sheet is rock solid and bomb proof ... zero default risk even if the entire NPLs were written off, it won' t go belly up. Its only problem is how and where to deploy the huge $575m unproductive cash pile plus further unlocked cash from ongoing scaled down DI to earn attractive returns comparable to DI (~ gross 12% pa) or the maritime projects ( > net 8% min according to Alex Yan). Doing SBB at the current steep distressed 63% discount to permanently boost EPS is definitely a wise cash deployment decision by the management.
Nippon72 ( Date: 03-Sep-2026 17:44) Posted:
| By pure metrics, it is definitely a compelling buy. As long it does not go belly up and the restructuring story still intact, it will be a few times bagger. Will nibble some if it drops further tomorrow. Vested since YZJ days.😃 |
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Ok lah .... smart utilisation of resources....
Better than most blue chips buy back at all times high ....😜
Chansenghoe1971 ( Date: 03-Sep-2026 18:14) Posted:
Angel in devil shell or devil in angel shell.
seems mgt is a low baller. Only pick durians at 19 series.
' cheap skate right?
SlothSG ( Date: 03-Sep-2026 18:08) Posted:
Speaks of the devil 😂 😂
At last ..... hope this is the beginning 👏 👏 |
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This lady boss finally heard our voice! Tmr shall go up!
Chansenghoe1971 ( Date: 03-Sep-2026 18:03) Posted:
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Angel in devil shell or devil in angel shell.
seems mgt is a low baller. Only pick durians at 19 series.
' cheap skate right?
SlothSG ( Date: 03-Sep-2026 18:08) Posted:
Speaks of the devil 😂 😂
At last ..... hope this is the beginning 👏 👏
Chansenghoe1971 ( Date: 03-Sep-2026 18:03) Posted:
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Speaks of the devil 😂 😂
At last ..... hope this is the beginning 👏 👏
Chansenghoe1971 ( Date: 03-Sep-2026 18:03) Posted:
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By pure metrics, it is definitely a compelling buy. As long it does not go belly up and the restructuring story still intact, it will be a few times bagger. Will nibble some if it drops further tomorrow. Vested since YZJ days.😃
Below S$0.20, YZJ Financial (YF8) is becoming quite interesting, especially for a value/NAV investor. But I would frame it as a deep-value recovery play, rather than simply cash rich = safe.
This case is getting attractive
- Share price: around S$0.20 based on the latest market data surfaced.
- NAV: S$0.5321 per share at 30 June 2026.
- At S$0.20, you' re paying only about 0.38× NAV roughly a 62% discount to NAV.
- Cash: S$575.4m.
- External borrowings: zero.
- 1H26 net profit: S$38.3m despite the 29% YoY decline.
- Importantly, S$276.4m of legacy debt investments were redeemed/repaid in 1H26, while S$16.6m of credit-loss allowances were reversed.
- NAV actually increased from 50.20¢ to 53.21¢ between end-2025 and June 2026.
The really interesting part
At 20¢ , you' re buying something with:
NAV 53.2¢ market price 20¢
Its business is to make money with money. Maybe see better use of money instead of buy back own shares. If results shows, dividend shows, the share price will be fair.
SlothSG ( Date: 03-Sep-2026 11:49) Posted:
Surprise at Price to Book Value of 0.372
company with excess cash did not share buy back
what is their thoughts? |
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China fund coming
Ocbc and uob family fund before 15!9
Maybe the management short it down themself so they can buy back dirt cheap.
SlothSG ( Date: 03-Sep-2026 11:49) Posted:
Surprise at Price to Book Value of 0.372
company with excess cash did not share buy back
what is their thoughts? |
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Ceo want transfer to hk bourse but look impossible now
Wil he get lock or freedom but keep pressing by local shortist
Female boss having facial everyday
hokpin ( Date: 03-Sep-2026 10:24) Posted:
Management are still sleeping. Hopeless!
Dannkh ( Date: 03-Sep-2026 10:07) Posted:
| Cant find value in Yjzf, investors switch to Addvalue.🤣 |
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Ren has handed over? time to close shop liao
hokpin ( Date: 03-Sep-2026 12:10) Posted:
They are going to close shop...totally have no passion at all in running the company. Need to go to board meeting and flip the table !!!
SlothSG ( Date: 03-Sep-2026 11:49) Posted:
Surprise at Price to Book Value of 0.372
company with excess cash did not share buy back
what is their thoughts? |
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They are going to close shop...totally have no passion at all in running the company. Need to go to board meeting and flip the table !!!
SlothSG ( Date: 03-Sep-2026 11:49) Posted:
Surprise at Price to Book Value of 0.372
company with excess cash did not share buy back
what is their thoughts? |
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Surprise at Price to Book Value of 0.372
company with excess cash did not share buy back
what is their thoughts?
Management are still sleeping. Hopeless!
Dannkh ( Date: 03-Sep-2026 10:07) Posted:
Cant find value in Yjzf, investors switch to Addvalue.🤣
stonkmaster ( Date: 03-Sep 09:41) Posted:
| How come this time so little people comment? Stock is crashing. |
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Cant find value in Yjzf, investors switch to Addvalue.🤣
stonkmaster ( Date: 03-Sep 09:41) Posted:
| How come this time so little people comment? Stock is crashing. |
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How come this time so little people comment? Stock is crashing.
Singapore and China have a double taxation avoidance arrangement, and eligible Singapore tax resident companies can apply for treaty benefits. IRAS also explicitly states that Singapore tax resident companies can apply for a lower foreign withholding tax rate through tax treaties when they receive foreign-sourced income.
Therefore, China' s 20% tax rate on overseas individuals cannot be directly applied to the entire YF8 group.
Hawkeye ( Date: 02-Sep-2026 16:30) Posted:
https://www.theedgesingapore.com/news/china/china-removes-tax-exemption-foreigners-dividend-incomes
Likely YZJ FH is affected by China tax on foreign dividend.
Perhaps this sparked the sell off by some retail investor, like retiree |
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