YZJ Fin Hldg    Last:0.24    +0.005

YZJFH - potentially rewarding

for those who want to buy and contra and not take delivery. think got to be careful.
on 10 nov . yzjfh is likely to open down a lot, guess somewhere in the 50-60 cents.
yzj maritime will commence trading on 18 Nov. ie even sell on 18 Nov. money come in a few days later.
there is a gap. for money to pay and money coming in.
 

 

in the sgx annoucement. the x entitlement date is put as 10 Nov. record date 11 Nov 5 pm.

 

I think the cum entitlement remark will still be tagged to YFH on 11 Nov until market close at 5pm, and will be lift off from 12 Nov onwards, meaning as long as someone were to buy before the market close on 11 Nov, his YFH shares will participate in the spin off split.

HVRRVH      ( Date: 05-Nov-2025 14:00) Posted: If you want to get YZJM shares by buying YZJF shares, you have to do it by this Friday cos ex entitlement is on Monday, which mean any shares buy on Monday onward will not qualify for 1 for 1 YZJM shares. Bear in mind YZJF sure to drop because for illustration purpose, it is as if 50% of YZJF go into YZJM. Right now, the reference prices for YZJF is its NAV post spin, which stand at about $0.54 now. As for YZJM, its placement price is the reference point, which is $0.60. Therefore, on paper, the current YZJF share price should be $0.54 + $0.60 = $1.14 at least. However, market doesn' t work in this manner as many factors such as market sentiments, the potentials, the future prospects of the stocks etc also play a part. If the market work ' normally' , then YZJM should trade at least $0.60 for a start and YZJF should trade at $0.54 immediately post spin. But again, it doesn' t work that way. In a nutshell, if you buy today at $1.05, then post spin your break even is $1.05 at least with YZJF and YZJM shares combined. Do not expect YZJF to trade at current level post spin.  dexterderc      ( Date: 05-Nov-2025 13:47) Posted: TY HVRRVH. IDK. Statistically speaking, even if maritime drop to 30c, as long as financial doesn't drop 30c, I won't lose money? Just saying. I noob.

 

Thank you for the useful info.
For reason unknown to us, I too think there is some controlling of price. 

HVRRVH      ( Date: 05-Nov-2025 15:10) Posted: https://www.sgx.com/research-education/market-updates/20251105-growth-motion-china-sunsine-married-deal-next-50?sgxembed=true YZJF has the highest net instituitions inflow for the whole 2025 as far as iEdge Next 50 is concerned. 1H saw $164m inflow and 2H chalked $16m. Funds and Instituitions already in position by 1H25. With this data point, it is more interesting now as clearly, BBs are controlling the share price, perhaps waiting to push up post spin or there may be still a rights issue which they do not want the rights price to be too high. In summary, BBs never run road so far. Let' s see what happen post spin off.

 

https://www.sgx.com/research-education/market-updates/20251105-growth-motion-china-sunsine-married-deal-next-50?sgxembed=true

YZJF has the highest net instituitions inflow for the whole 2025 as far as iEdge Next 50 is concerned. 1H saw $164m inflow and 2H chalked $16m. Funds and Instituitions already in position by 1H25. With this data point, it is more interesting now as clearly, BBs are controlling the share price, perhaps waiting to push up post spin or there may be still a rights issue which they do not want the rights price to be too high. In summary, BBs never run road so far. Let' s see what happen post spin off. 

 

Icic. TY for your explanation! Learned alot.
Hope you win big big!

 

If you want to get YZJM shares by buying YZJF shares, you have to do it by this Friday cos ex entitlement is on Monday, which mean any shares buy on Monday onward will not qualify for 1 for 1 YZJM shares. Bear in mind YZJF sure to drop because for illustration purpose, it is as if 50% of YZJF go into YZJM. Right now, the reference prices for YZJF is its NAV post spin, which stand at about $0.54 now. As for YZJM, its placement price is the reference point, which is $0.60. Therefore, on paper, the current YZJF share price should be $0.54 + $0.60 = $1.14 at least. However, market doesn' t work in this manner as many factors such as market sentiments, the potentials, the future prospects of the stocks etc also play a part. If the market work ' normally' , then YZJM should trade at least $0.60 for a start and YZJF should trade at $0.54 immediately post spin. But again, it doesn' t work that way. In a nutshell, if you buy today at $1.05, then post spin your break even is $1.05 at least with YZJF and YZJM shares combined. Do not expect YZJF to trade at current level post spin. 

dexterderc      ( Date: 05-Nov-2025 13:47) Posted: TY HVRRVH. IDK. Statistically speaking, even if maritime drop to 30c, as long as financial doesn't drop 30c, I won't lose money? Just saying. I noob.

 

TY HVRRVH.
IDK. Statistically speaking, even if maritime drop to 30c, as long as financial doesn't drop 30c, I won't lose money? Just saying. I noob.

 

After bought pray on 18 Nov your Marine share can get 60c: FH can get 60c too lah else lose money...

 

You will get 1:1 as long as the purchase is made before end of market day on 9.11.25. 

dexterderc      ( Date: 05-Nov-2025 11:44) Posted: I have a very noob question to ask all the gurus here. If I were to make a purchase for this stock today using the poems platform, will I still get the 1:1 placement right shares for yzj maritime? TIA.

 

I have a very noob question to ask all the gurus here. If I were to make a purchase for this stock today using the poems platform, will I still get the 1:1 placement right shares for yzj maritime? TIA.

 

Pre spin off premium wiped out completely now. It is again undervalued but as I said, to accumulate more at $1 level is very difference from accumulating at $0.3 - $0.4 levels. This is market wide correction and worse may yet to come. Do stand by some cash to pick up not only YZJF and YZJM but other good stocks too if they become cheaper. Personally I would not fight the trend and will sit tight and do nothing. Post spin may prove to be good time to accumulate too if the market wide correction persists. 

 

Getting lower day by day 🤦 &zwj ♂ ️ 😱 😩 ， sad case

 

SGX will buyback the marine shares when trading start to give back the owners.....and back charge the shortists or brokering houses...

HVRRVH      ( Date: 04-Nov-2025 08:08) Posted: Any idea what if shortists hold till pass XR? What' s the net effect on their positions? pasttime      ( Date: 03-Nov-2025 16:49) Posted: prices come down from 1.2 to 1.02 level due to millions of shorts. current price not moving maybe due to shorts doing damage control. ie they place huge sell to block up. and cover along the way. one see more buy up then sell down.

 

those who borrow from their broking house with no special arrangment will probably be under pressure now to return the stock. 4 more trading days including today before x date. 11Nov

 

i do not know for all. think those organized shorts will have arrangement in such case. like compensate a certain amount base on their borrowing contract. any good contract will have exit clause. that will also meant more demand for maritime shares post spin off.
as for yzjfh. think will drop in price. the combine price is just all guessing now. to say yzjfh will drop a lot may be wishful thinking. lots of long holders are very low cost. and if can survive till now are not easy to  be shake off type. especially it is benefiting from interst rate down cycle.
the real selling might be coming from fund manager as can be seen on last week sgx report.
well it is year end bonus time. sure can make some profit to benefit their own pocket.

 

Any idea what if shortists hold till pass XR? What' s the net effect on their positions?

pasttime      ( Date: 03-Nov-2025 16:49) Posted: prices come down from 1.2 to 1.02 level due to millions of shorts. current price not moving maybe due to shorts doing damage control. ie they place huge sell to block up. and cover along the way. one see more buy up then sell down.

 

Fair observation and insight. I think only hard cores are left now but it can be a good thing, less of speculative trades and traders generated usually bias news flow to suit their trades, be it up or down. Spin off more or less a done deal especially once XR on 10.11.25 and the share price is unlikely to move aggressively up or down. It is back to fundamentals and how the share prices for both entities fare in the future depend very much on their earnings and growth. To anchor this thesis, I am looking forward to at least a combined 4 cents dividends from YZJF and YZJM for this FY. I think this is a minimum both companes have to achieve to meet the market' s expectation. 

pkli899      ( Date: 03-Nov-2025 16:32) Posted: I would like to believe post spin off, both prices can fly. However, looking at current price, unless next one, two weeks, we see good upwards movement, market think value is there about only. That is to say, post spin off, YZJF will be about 50c & YZJM about 60c. Of course in the long run, prices will depend on their respective performance.

 

Hope to be proven wrong....lol.

pkli899      ( Date: 03-Nov-2025 16:34) Posted: I based my opinion on the lukewarm response after the official announcement.

 

Key dates include a books closure on Nov, 11 2025 at 5:00 p.m. and the crediting of Yangzijiang Maritime shares to entitled shareholders by Nov, 17 2025, subject to final Singapore Exchange approval. Above mean by 11 Nov one is automatically entitled to maritime shares and can sell yzjfh if you so choose to correct? By 17 Nov will get the maritime shares credited. Personally unless the price goes up to a level I cannot resist I will not sell. Maritime already private placement value at 0.6, meaning once start trading the price will go up quite fast to min 0.8-1 dollar. That put yzjfh at very attractive price even if it goes down when trading start after spin off. I very much doubt it will go down as much as previous as their business model and these few years dividend speak for itself, possibly will go up together with maritime. I will continue to hold both but Dyodd.