YZJ Fin Hldg    Last:0.22   -

A fresh page

T Rowe unloaded another 5M shares.    Retial sharepholders here is talking about holding long terms.    Good luck.   

 

SGX rules (usually applies to other exchanges as well).

SBB must be " equal opportunity" and offered to all shareholders.   If YJZ bought from T Rowe instead of open market, then they are breaching rules.   E.g. if FH paid higher price to T Rowe, it will be seen as unfair.

FlyingCat      ( Date: 06-Jul-2022 09:43) Posted: secondly... why t rowe don wan to sell to the company for sbb... they are allowed to do so right.. off market transactions.. or issit conflict of interest due to being major share holders..

 

secondly... why t rowe don wan to sell to the company for sbb... they are allowed to do so right.. off market transactions.. or issit conflict of interest due to being major share holders.. 

 

yes base on the 1 july selling it had sold 44 mil.. base on last 2 days selling maybe 60 mil may have or higher... not below 5% yet.. but maybe they have settle target to sell like 60-70 mil. for rebalancing their portfolio.. might be done for now... hopefully.. 

recon12recce      ( Date: 06-Jul-2022 09:36) Posted: The way coy announce the disposal by ssh every 3 days and seems like got missing announcements if you see the immediate and after % holdings. I dun think so. FlyingCat      ( Date: 06-Jul-2022 09:25) Posted: panic selling over? t rowe done selling?

 

As much as we all wish the price go up immediately once we bought, we know it does not always happen as such. To expect so is akin to buying 4D, buy on Fri, expect Sat/Sun to strike! What are the chances? 

Best quote to start the day from recon12recce:  A wise one once said, if you cant hold a stock for 10 years, you shouldnt even hold it for 10sec.

Vested
 

recon12recce      ( Date: 06-Jul-2022 09:20) Posted: If major sh not in the least worried, i dun think we peanut investors should panic. Average down seems to be a better move, over the longer term. Dun you think so? A wise one once said, if you cant hold a stock for 10 years, you shouldnt even hold it for 10sec. Heck care the ssh, cos selling at this price make no sense. And well, support are still quite strong at physcological 40c. No super duper adverse news on coy fundamentals. So still good to hold, at least for me.. SAVIORFOREVER      ( Date: 06-Jul-2022 08:28) Posted: My holdings already wiped out by more than 25% in value. I totally ignored the rule book on investment. Serve me right. Too late to sell so need to hold until next year May to see whether management really play me out. Trade with bite the bullet and DYODD

 

The way coy announce the disposal by ssh every 3 days and seems like got missing announcements if you see the immediate and after % holdings. I dun think so.

FlyingCat      ( Date: 06-Jul-2022 09:25) Posted: panic selling over? t rowe done selling?   FlyingCat      ( Date: 05-Jul-2022 17:23) Posted: after market close threw extra 6.6mil down... abt 4 mil is one shot threw down.... ......... i think longist threw in the tower already.... hopefully can up from now..

 

Oil and yield went down, retail investors pumped into junk stocks like Peloton. 

Not sure how long this will last but I' m taking this opportunity to sell any remaining loss making stocks. 

My advice is don' t take new long positions as the rally won' t last. 

FlyingCat      ( Date: 06-Jul-2022 09:25) Posted: panic selling over? t rowe done selling?   FlyingCat      ( Date: 05-Jul-2022 17:23) Posted: after market close threw extra 6.6mil down... abt 4 mil is one shot threw down.... ......... i think longist threw in the tower already.... hopefully can up from now..

 

The other forum got deleted somehow. I spoke about seeing a falling wedge pattern and everytime when it seems to do a breakout, it broke down and cause the wedge to end steeper and narrower. Today if can close 41.5c and higher with surge volume, good sign of reversal although it may back test support price. Keep a watch out, cos once reversed, and if well supported along the way up, EW3 will start to form abeit at a longer and slower pace to reach possible target mid 60c. If you believe in EW, if not treat me as story teller.😝

 

panic selling over? t rowe done selling?
 

FlyingCat      ( Date: 05-Jul-2022 17:23) Posted: after market close threw extra 6.6mil down... abt 4 mil is one shot threw down.... ......... i think longist threw in the tower already.... hopefully can up from now..  Aeonfcuks      ( Date: 05-Jul-2022 17:16) Posted: Hopeless shit. I shall see how low it can go, got balls go until 0 l

 

If major sh not in the least worried, i dun think we peanut investors should panic. Average down seems to be a better move, over the longer term. Dun you think so? A wise one once said, if you cant hold a stock for 10 years, you shouldnt even hold it for 10sec. Heck care the ssh, cos selling at this price make no sense. And well, support are still quite strong at physcological 40c. No super duper adverse news on coy fundamentals. So still good to hold, at least for me..

SAVIORFOREVER      ( Date: 06-Jul-2022 08:28) Posted: My holdings already wiped out by more than 25% in value. I totally ignored the rule book on investment. Serve me right. Too late to sell so need to hold until next year May to see whether management really play me out. Trade with bite the bullet and DYODD

 

Bouncing off 40.

Bid Bid Vol(K) Ask Ask Vol(K)
0.405 4,832.3 0.410 6,680.3
0.400 7,129.8 0.415 9,986.9
0.395 19,322.3 0.420 6,870.3
0.390 13,553.5 0.425 7,213.3
0.385 6,647.3 0.430 5,424.2
0.380 8,901.7 0.435 5,868.4
0.375 4,079.3 0.440 3,315.6
0.370 1,670.3 0.445 613


Trade with awareness and DYODD

 

Watch for a powerful rebound this wk or nxt

 

If no big buyers que to buy, the price will go even lower. 

 

Buying?

Bid Bid Vol(K) Ask Ask Vol(K)
0.400 2,840.8 0.400 5,022.4
0.395 23,237.8 0.405 7,165.1
0.390 12,459.8 0.410 4,622.3
0.385 6,531.9 0.415 6,414.3
0.380 5,488.5 0.420 6,471.7
0.375 4,034.7 0.425 7,228.3
0.370 1,320.3 0.430 5,449


Trade with awareness and DYODD

hokpin      ( Date: 06-Jul-2022 08:18) Posted: Ready to test again the lowest 390 today? SAVIORFOREVER      ( Date: 06-Jul-2022 08:04) Posted: Support getting lower? Cheap can be cheaper. No money to hold don't buy. Bid Bid Vol(K) Ask Ask Vol(K) 0.395 23,087.4 0.400 1,301.3 0.390 11,957.5 0.405 6,693.1 0.385 6,215.8 0.410 3,842.7 0.380 5,106 0.415 5,649.3 0.375 3,814.6 0.420 6,393.1 0.370 1,253 0.425 7,169.7 Trade with awareness caution no contra buy and DYODD

 

My holdings already wiped out by more than 25% in value.
I totally ignored the rule book on investment. Serve me right.
Too late to sell so need to hold until next year May to see whether management really play me out.


Trade with bite the bullet and DYODD

 

Ready to test again the lowest 390 today?

SAVIORFOREVER      ( Date: 06-Jul-2022 08:04) Posted: Support getting lower? Cheap can be cheaper. No money to hold don't buy. Bid Bid Vol(K) Ask Ask Vol(K) 0.395 23,087.4 0.400 1,301.3 0.390 11,957.5 0.405 6,693.1 0.385 6,215.8 0.410 3,842.7 0.380 5,106 0.415 5,649.3 0.375 3,814.6 0.420 6,393.1 0.370 1,253 0.425 7,169.7 Trade with awareness caution no contra buy and DYODD

 

Support getting lower?
Cheap can be cheaper. No money to hold don't buy.

Bid Bid Vol(K) Ask Ask Vol(K)
0.395 23,087.4 0.400 1,301.3
0.390 11,957.5 0.405 6,693.1
0.385 6,215.8 0.410 3,842.7
0.380 5,106 0.415 5,649.3
0.375 3,814.6 0.420 6,393.1
0.370 1,253 0.425 7,169.7


Trade with awareness caution no contra buy and DYODD

 

Shortsellers are laughing all the way to the banks. Management condone shortselling to buy at attractive price?
Today see 39?
Many regrets?


Trade with cheapskate and DYODD

 

Bottomline investors still want to see a 1st reporting to show profit... Then SBB might help... Trust and confident building time now... Weak until business results out.

woohoo      ( Date: 06-Jul-2022 00:45) Posted: Don't understand how the little bit buyback help shareholders...doesn't lift the price at all...some simple investors are just looking at capital appreciation of the share price...even if give 0.04 dividend...how many years just to breakeven for those who believed the sbb mandate and bought at 0.525?

 

Nav after 14m shares buyback is still $1.08. I tap tap tap calculator and ah ha...i guessed you took 140m as the deduction to derive $1.114..

pasttime      ( Date: 06-Jul-2022 00:56) Posted: the buy back shares has become treasury shares. ie the rest of shareholders own the shares. therefore in calculating the nav need to less of the sharesbuy back. keep the share price low for the ang mo house to sell cheap to other people who want to buy. it is normal market functioning. when the time come the shares price will fly. then push it and issue shares as currency for aggression.  a sgx listing is like getting a money printing machine if one know how to use it. examples are tm controlled reits. they have been getting more and more money from market and yet reits holders make money out of it.   recon12recce      ( Date: 05-Jul-2022 22:53) Posted: Equity: 4.25b. Shares 3.95b. Sbb 14m shares, ard $6.6m. Nav is rounded to 2 decimal, still 1.08. 😬