YZJ Fin Hldg    Last:0.23   -

YZJFH - potentially rewarding

CGS rated YZJFH target to $1.25

https://rfs.cgsi.com/api/download?file=317ea3d7-97f0-4329-9139-33f138f30914

 

Very active & hit new high of 1.14.
Now back down a little.
Let' s see close what price today.

 

Oh sorry, still there.
Can break again?

 

Was at new high of 1.13 awhile ago!

 

Engine is up and running. Let&rsquo s head to ATH once more!

 

Thanks, Big Bro for helping to put eyes on this counter.

pkli899      ( Date: 08-Sep-2025 16:06) Posted: Q to sell at 1.08 dropped. While Q to buy at 1.07 increased. Good sign!

 

Lai Liao, lai liao.....

 

Q to sell at 1.08 dropped.
While Q to buy at 1.07 increased.
Good sign!

 

Big mouth appearing!
Pushing price up?

 

He is the biggest shareholder.......saving more for himself.....haha.
Anyway, despite approval obtained, price not going anywhere?
Market think this is it?

 

He is a very frugal person. Likes to save money for shareholders. 

pkli899      ( Date: 05-Sep-2025 16:43) Posted: Sorry, HVRRVH. I didn' t make myself clear enough. He was not present physically but on line (w/video). Reception was not good on his side, I think. He couldn' t hear our side properly. In fact, the other directors all attended virtually.

 

just another angle of how one look at the egm.
although the directors are not present physically they are present via online communication
platform. so that is ok. as long as i can see him healthy and good.
he seems to be working on another meeting there working hard to make money for shareholders.
the placement or rights if these happens are to satisfy sgx requirements to get more benefits of saving cost. said to have enough money for now. if increased too many shares then increased pressure to produce more profit.
share holders obviously has many concerns of many things they like to know. maybe can write in to their communications person to get answer. many will have same questions. might be good to received more organized q& a via email communications then all shareholders can read the reply in leisure. if rights issue then please allow over subscribe and how to do it. or will there be a period of rights scribe to be traded?

 

hi everyone,   

if spin off date around November, 
estimate when are the right issue processing date? 

thank you 

 

It' s ok don' t have to sorry. Really appreciate your sharing, specifically, very useful information with regard to the rights ratio. If 1 for 10, there will be an increase of 348,045,052 shares. If it is 2 for 10, it wlll add 696,090,104 shares. I would think placees would not be entitled to rights issue if placement and rights issue are done concurrently. Presuming rights price is $0.40 [30% discount to NAV], it will add $279m to the capital, that' s why I said the rights issue ratio is most likely to be 1 for 10, which would add the targeted $140m to the capital. Indeed the capital added, together with the targeted $250m from private placement, is very huge esp if rights issue is 2 for 10. With such attractive discount, I think existing shareholders can forget about subscribing to excess rights but we have to wait for the confirm placement and rights price in due course. 

pkli899      ( Date: 05-Sep-2025 16:43) Posted: Sorry, HVRRVH. I didn' t make myself clear enough. He was not present physically but on line (w/video). Reception was not good on his side, I think. He couldn' t hear our side properly. In fact, the other directors all attended virtually.

 

Sorry, HVRRVH.
I didn' t make myself clear enough.
He was not present physically but on line (w/video).
Reception was not good on his side, I think.
He couldn' t hear our side properly.
In fact, the other directors all attended virtually.

 

Urh.. You said sr Ren not present but he seemed to field most if not all the questions? Anyway, thanks for the sharing. I think sr Ren can be too assertive and it may come arcoss as arrogant at times and he most likely felt frustrated as some qns to him may appears to have no understanding of his grand plan lol. The part that he mentioned placement is meant for instiutional and accretive investors to participate because of SGX/MAS [note: my inference] make sense esp with his remark that the compmay have enough cash. The ratio for rights issue also close enough to our previous calculation of 1 for 10. I am afraid in the end it may still be 1 for 10, as the amount to raise is only $140m. Too bad he still didn' t address why such high anticipated of dilution due to private placement, esp if the interest is high, definitely can set the price higher. Also agree and credit to him for thinking that some instituion and AI would take advantage of placement to cash out early. Of course he would say don' t sell YZJF post spin haha. Also, the plan private placement and rights issue could have push the spin off timeline further out, if not, it should be weeks or even 10 days or so with ETL obtained [should be anytime soon but could also delay due to private placement/rights issue consideration]. 

pkli899      ( Date: 05-Sep-2025 15:18) Posted: Yes, share same view as you, HVRRVH. Disappointed that senior Ren as well as majority of the directors were not present. Not taking the EGM seriously? No reason given and neither was there any apology for their absence! Senior Ren was impatient most of the time. Brushing off question regarding the viability of YZJFH after spin off. Told off shareholder to concentrate on spin-off only. Irritated with the young interpreter, he stopped her abruptly (though I agreed that she was not so professional but pity her for being cut off so suddenly). His mood changed only after one shareholder sang praise of him. Not very much info was disclosed on the maritime business post spin off, except promise of good prospect. However, he did say, if not for the authority wish to attract more investment in our stock market, they would not want to do the private placement. He mentioned quite a number of institutions/private investors have expressed interest in the spin off. However, he is wary of their intention to profit from the event. Hence, a 6 months lock-in condition will be imposed. $250m is the maximum amount to raise but they actually want much less. He also heeled many current shareholders outcries and will do a 2 for 10 rights issue at attractive price. A 2 for 10 right is the best they can offer (to answer one shareholder who asked for 1 for 3 or 1 for 2 and even 1 for 1!). This is because together with the private placement, the fund raised would be quite substantial. They have enough cash already. Hence, this new money will create undue pressure (to deploy the sum quickly and its subsequent performance). Senior Ren mentioned that they expect the repeat of the scenario of previous spin off. This time, the reverse price of spin off entity will go up while the price of the remaining business will drop. The 2 for 10 rights issue is to help mitigate the effect. He also warned shareholders not to sell away the remaining entity as he is confident it will get better with the progressive reduction of the DI in PRC. No time line was given for the spin off. Only overheard Liu Hua mentioned Nov 25 to some shareholders after the EGM.

 

Got makan after the EGM?

 

Yes, share same view as you, HVRRVH.
Disappointed that senior Ren as well as majority of the directors were not present.
Not taking the EGM seriously? No reason given and neither was there any apology for their absence!
Senior Ren was impatient most of the time. Brushing off question regarding the viability of YZJFH after spin off. Told off shareholder to concentrate on spin-off only.
Irritated with the young interpreter, he stopped her abruptly (though I agreed that she was not so professional but pity her for being cut off so suddenly).
His mood changed only after one shareholder sang praise of him.
Not very much info was disclosed on the maritime business post spin off, except promise of good prospect.
However, he did say, if not for the authority wish to attract more investment in our stock market, they would not want to do the private placement.
He mentioned quite a number of institutions/private investors have expressed interest in the spin off. However, he is wary of their intention to profit from the event.
Hence, a 6 months lock-in condition will be imposed. $250m is the maximum amount to raise but they actually want much less.
He also heeled many current shareholders outcries and will do a 2 for 10 rights issue at attractive price.
A 2 for 10 right is the best they can offer (to answer one shareholder who asked for 1 for 3 or 1 for 2 and even 1 for 1!).
This is because together with the private placement, the fund raised would be quite substantial. They have enough cash already.
Hence, this new money will create undue pressure (to deploy the sum quickly and its subsequent performance).
Senior Ren mentioned that they expect the repeat of the scenario of previous spin off.
This time, the reverse price of spin off entity will go up while the price of the remaining business will drop. The 2 for 10 rights issue is to help mitigate the effect.
He also warned shareholders not to sell away the remaining entity as he is confident it will get better with the progressive reduction of the DI in PRC.
No time line was given for the spin off. Only overheard Liu Hua mentioned Nov 25 to some shareholders after the EGM.

 

Not in town and didn' t attend the EGM, however, did submit proxy form for EGM Chairman to vote. Look like the uncertainty over placement and rights prices are impeding the price from moving up. I would even venture to say current price or at most $1.1 will be the peak before the finalisation of the spin off. It seems that the mangement either didn' t address or address adequately during the EGM with regard to the private placement and rights issue. 

 

Olam Group and Yangzijiang Financial replace CapitaLand Ascott Trust and ComfortDelGro on STI reserve list

https://www.theedgesingapore.com/news/singapore-economy/olam-group-and-yangzijiang-financial-replace-capitaland-ascott-trust-and