Post Reply
4801-4820 of 5346
Are you buying 41?
Bid Bid Vol(K) Ask Ask Vol(K)
0.410 4,642.2 0.415 5,310.5
0.405 9,551.3 0.420 9,577.3
0.400 14,834.6 0.425 6,687.6
0.395 18,457 0.430 6,314.8
0.390 12,176.2 0.435 6,475.6
Trade with awareness and DYODD
Bid Bid Vol(K) Ask Ask Vol(K)
0.410 4,642.2 0.415 5,310.5
0.405 9,551.3 0.420 9,577.3
0.400 14,834.6 0.425 6,687.6
0.395 18,457 0.430 6,314.8
0.390 12,176.2 0.435 6,475.6
Trade with awareness and DYODD
tpohwashere ( Date: 04-Jul-2022 12:22) Posted:
|
I agreed. FH parmeters/actions all point to a multi-bagger company, will time proves itself. Despite in the red now (10lots @ 44c avg), will hold till next result to decide. Hopefully, the result will douse out the noises & doubt.
Watching on the sideline now.
Vested.
Watching on the sideline now.
Vested.
MambaFinancial89 ( Date: 04-Jul-2022 11:49) Posted:
|
At 0.4 P/B, it is underpriced as norm should be around 0.65.
We are in a bear market and situation will get worse all the way into 2023. FH is still a big unknown and hence, the selloff as investors will keep stocks that they view to be established and proven track record.
For all the narratives that it has connections to potential customers in China, etc, ... it still has not transitioned from what is an inhouse capability managing its own funds to become a asset and fund management company managing " other people' s money" . It is like saying you can take your inhouse IT support, list it, and it suddenly becomes an IT outsourcing company. Running a profitable business and running an inhouse operation is very different.
A base case to support it' s share price will only be known when FH' s financial result as a company is published. Until then, it is all speculation and frankly, this uncertainty works against it especially in a bear market.
We are in a bear market and situation will get worse all the way into 2023. FH is still a big unknown and hence, the selloff as investors will keep stocks that they view to be established and proven track record.
For all the narratives that it has connections to potential customers in China, etc, ... it still has not transitioned from what is an inhouse capability managing its own funds to become a asset and fund management company managing " other people' s money" . It is like saying you can take your inhouse IT support, list it, and it suddenly becomes an IT outsourcing company. Running a profitable business and running an inhouse operation is very different.
A base case to support it' s share price will only be known when FH' s financial result as a company is published. Until then, it is all speculation and frankly, this uncertainty works against it especially in a bear market.
MambaFinancial89 ( Date: 04-Jul-2022 11:49) Posted:
|
I have 100 lots and will be holding as well.
MambaFinancial89 ( Date: 04-Jul-2022 11:49) Posted:
|
YZJ Financial Holdings seems to have done everything right in the past 8 weeks:
- High-powered board member hiring (MAS, GIC)
- CPF funds eligibility
- Board members conducting personal share buybacks
- Share buyback mandate approved at EGM
- Company buybacks ($1m-$1.5m at a time)
- Insider buybacks
But there is no end to the constant shorting and continued collapse in price.
Understand that we are 1) in a huge market sell-off and correction globally and 2) the company was spun off from YZJSB and perhaps certain investors do not want exposure to YZJFH so they SELL and fully exit.
Is this a screaming BUY?
With an investment horizon of 1-2 years, I am vested and will HOLD unless there is a change in the underlying business fundamentals. Am of the view that the continued outflow of Chinese money from China will somehow benefit YZJFH. In the news lately - PRCs buying 20 units at Cairnhill, PRCs renting $200K/month GCBs. Ren and Toe can capture such money and charge fees.
Concerned that there other underlying/insider/company specific info that I' m missing.
- High-powered board member hiring (MAS, GIC)
- CPF funds eligibility
- Board members conducting personal share buybacks
- Share buyback mandate approved at EGM
- Company buybacks ($1m-$1.5m at a time)
- Insider buybacks
But there is no end to the constant shorting and continued collapse in price.
Understand that we are 1) in a huge market sell-off and correction globally and 2) the company was spun off from YZJSB and perhaps certain investors do not want exposure to YZJFH so they SELL and fully exit.
Is this a screaming BUY?
With an investment horizon of 1-2 years, I am vested and will HOLD unless there is a change in the underlying business fundamentals. Am of the view that the continued outflow of Chinese money from China will somehow benefit YZJFH. In the news lately - PRCs buying 20 units at Cairnhill, PRCs renting $200K/month GCBs. Ren and Toe can capture such money and charge fees.
Concerned that there other underlying/insider/company specific info that I' m missing.
Doubt there will be any further buybacks by the Company or insiders as we are likely within the one-month blackout period before the results announcement. Assume results will be released on the same day as YZJSB. Wondering if anyone knows the announcement date?
Bait 40 ?
Trade with awareness and DYODD
Trade with awareness and DYODD
Pouring icy water?
Bid Bid Vol(K) Ask Ask Vol(K)
0.405 5,035.4 0.410 4,667
0.400 14,473.4 0.415 4,523.6
0.395 9,529.1 0.420 6,997.2
0.390 12,166.8 0.425 6,695.1
0.385 5,800.8 0.430 6,345.1
0.380 4,969.6 0.435 6,575.7
0.375 3,519.9 0.440 6,020.6
0.370 727.2 0.445 3,382.7
0.365 185.6 0.450 2,907.5
Trade with expectation and DYODD
Bid Bid Vol(K) Ask Ask Vol(K)
0.405 5,035.4 0.410 4,667
0.400 14,473.4 0.415 4,523.6
0.395 9,529.1 0.420 6,997.2
0.390 12,166.8 0.425 6,695.1
0.385 5,800.8 0.430 6,345.1
0.380 4,969.6 0.435 6,575.7
0.375 3,519.9 0.440 6,020.6
0.370 727.2 0.445 3,382.7
0.365 185.6 0.450 2,907.5
Trade with expectation and DYODD
tpohwashere ( Date: 04-Jul-2022 10:09) Posted:
|
Privatisation means Ren will have to fork out of his own pocket to pay for the outstanding 65% shares plus 30% premium. Possible but I can' t see it happening.
In the meantime, the largest shareholder outside of Ren and friends & family has been busy dumping:
POSTED BY: LESLIE SHAFFER TUESDAY, 28 JUNE 2022 21:54:35
T. Rowe Price Associates reported Tuesday its deemed interest in Yangzijiang Financial Holding (YZJFH) declined to 6.83 percent from 7.05 percent previously after the disposal of around 8.58 million shares in the market at S$0.43 each.
In the meantime, the largest shareholder outside of Ren and friends & family has been busy dumping:
POSTED BY: LESLIE SHAFFER TUESDAY, 28 JUNE 2022 21:54:35
T. Rowe Price Associates reported Tuesday its deemed interest in Yangzijiang Financial Holding (YZJFH) declined to 6.83 percent from 7.05 percent previously after the disposal of around 8.58 million shares in the market at S$0.43 each.
MambaFinancial89 ( Date: 04-Jul-2022 09:26) Posted:
|
Looks weak also today. One of the few red in the sea of green 😬
Founders could have do a privatisation without IPO. Cheaper and easy. Why pay SGX of IPO fees and value high share price and trying to privatise at high price? Haha.
MambaFinancial89 ( Date: 04-Jul-2022 09:26) Posted:
|
Official spin off valuation of S$0.69 with first day trading on 29 April 2022. Just thinking, would there be a cool-off period before they can do a privatisation offer since the spin-off? There should even be a cool-off period starting from the buyback. Don' t think the S$0.69 itself would be fair and would be a debacle to go private this quickly. Not sure what Sutat would think given his longstanding ties to SGX. Would have to at least give this a year.
n3wbie ( Date: 02-Jul-2022 00:00) Posted:
|
On Jun 24, Yangzijiang Financial Holding lead independent director Chew Sutat acquired 200,000 shares of the company for a consideration of S$86,000 at 43.0 cents per share. His preceding acquisitions were between Apr 29 and May 5, with 312,000 shares acquired at 52.8 cents per share. Chew previously served as senior managing director and a member of Singapore Exchange&rsquo s executive management team for 14 years.
Sold at 52 ✌ ️
SAVIORFOREVER ( Date: 03-Jul-2022 15:50) Posted:
|
No pangdang or fengshui aside, the namer has another 5 months to prove it is an apt name. Never say never. 
Tykoh8066 ( Date: 02-Jul-2022 01:39) Posted:
|
Congrats to those who sold 54.
Now can buy 4 shares for every 3 shares sold.
Trade with foresight traders and DYODD
Now can buy 4 shares for every 3 shares sold.
Trade with foresight traders and DYODD
It is a good share, but the idiot who decided to name it the superstar share of 2022, what an idiot.
Just like naming shipbuilding the only blue chip ship builder listed on SGX.
Sigh?
Just like naming shipbuilding the only blue chip ship builder listed on SGX.
Sigh?
If the share price gets depressed enough and there is no market interest, perhaps it might make more sense to just use the cash they have to privatize the company.
Bid Bid Vol(K) Ask Ask Vol(K)
0.415 2,595.3 0.415 5,685.1
0.410 3,936.3 0.420 6,846.1
0.405 8,004.3 0.425 6,900.8
0.400 16,437.6 0.430 6,569.9
0.395 12,443.8 0.435 4,754.1
0.390 13,639.6 0.440 6,085.3
0.385 5,580.5 0.445 3,309
0.380 4,631.4 0.450 3,036.2
Trade with shortsellers and DYODD
0.415 2,595.3 0.415 5,685.1
0.410 3,936.3 0.420 6,846.1
0.405 8,004.3 0.425 6,900.8
0.400 16,437.6 0.430 6,569.9
0.395 12,443.8 0.435 4,754.1
0.390 13,639.6 0.440 6,085.3
0.385 5,580.5 0.445 3,309
0.380 4,631.4 0.450 3,036.2
Trade with shortsellers and DYODD
To think YZJFH getting into STI constituent ranking when management don't even want to buyback at current level.
Bid Bid Vol(K) Ask Ask Vol(K)
0.405 9,497.5 0.410 2,316.3
0.400 15,180.9 0.415 6,418.9
0.395 11,474.9 0.420 7,214.8
0.390 13,091 0.425 6,076.1
0.385 5,635.1 0.430 5,701
0.380 4,671.4 0.435 3,968.3
Trade with wait long long and DYODD
Bid Bid Vol(K) Ask Ask Vol(K)
0.405 9,497.5 0.410 2,316.3
0.400 15,180.9 0.415 6,418.9
0.395 11,474.9 0.420 7,214.8
0.390 13,091 0.425 6,076.1
0.385 5,635.1 0.430 5,701
0.380 4,671.4 0.435 3,968.3
Trade with wait long long and DYODD