| Latest Forum Topics / YZJ Maritime Last:0.61 -- |
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HVRRVH
Elite |
27-Jan-2026 11:47
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Quick bounce from $0.57 give investors a bit of confidence, with further boost of company seeking SBB mandate soon. From high of $0.72 till current price, I am sure some investors have taken profits and existed. Old Ren is not sitting idle, immediately he sees that the share price is undervalued and is now seeking SBB mandate. Meanwhile, the market is adopting a wait and see attitude as YZJM, on its own, has no track record albeit its management has wealth of maritime businesses related experience. The maiden results should be released in about a month time, the company is going to be profitable, just how profitiable only. Without any prior full year results on its own, we can only based on its previous martime segment of YZJF to gauge its performance. On this note, the latest FY saw martime segment account for about 60% of YZJF' s profit, therefore, if we keep thing simple, YZJM' s profit level per share should be at least 60% of $0.0866 = $0.052 per share, as $0.0866 was the eps of YZJF pre spin off. With $0.052 as base, the maiden dividend for YZJM could be at least $0.021 based on 40% payout ratio. Having said that, I think post spin off, YZJM should be outperform YZJF by a large amount and I am cautiously optimistic that it should acheive higher eps and dividend of $0.052 and $0.021 respectively. We shall find out soon in a month, let' s see! | ||
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Winnertakeall
Elite |
26-Jan-2026 09:22
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Yes now almost at private placement share price when spinoff.  
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For_The_Next_Leg
Master |
26-Jan-2026 09:21
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 SGX:8YZ (YZJ Maritime) &ndash The Pure-Play Shipping Giant
The Story: Freshly spun off and listed in Nov 2025, YZJ Maritime is the " focused" version of the group' s massive shipping empire. It&rsquo s no longer hidden inside a financial holding company it&rsquo s a direct play on the global shipping boom.
Why it&rsquo s a 2026 Watchlist Must:
The Theory: A " Re-Rating" event. Now that it&rsquo s a standalone entity (8YZ), institutional funds looking for maritime exposure can finally buy in without the " China debt" baggage of the former parent company.
Bottom Line: You&rsquo re getting a profitable, high-ROE maritime powerhouse at a " just-listed" discount. This isn' t just a stock it' s a fleet.
 
https://www.dbs.com/insightsdirect/api/s3/dbs-buffer/article_attachment/20251120/07-00-45_Yangzijiang%20Financial_21-Nov-2025_EE.pdf
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Sgvale
Supreme |
24-Jan-2026 21:18
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So cheap. Share buyback kick in to instil confidence | ||
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WBdisciple
Elite |
22-Jan-2026 08:19
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Their strategy is clear and straight forward...without niche experience and capital, hard to come in the same biz and compete. With 99% of world trade using shipping, they are in a strong position to benefit. Look at what Ren has achieved at YZJ shipbuilding and financial..looking foward to more of his money making magic at Maritime. |
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SlothSG
Veteran |
21-Jan-2026 18:13
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Thanks. Luv the operating models 😊
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pasttime
Supreme |
21-Jan-2026 17:25
Yells: "gold silver are real money. not others iou." |
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think there are many ready buyers waiting for share price to stabalised or pickup. best is side ways first until fy report. then each newbuild ship sale will results in more on the side money jumping in. meanwhile. those fund will continue their buy in lend to their counter part to shrot down. with exit clause. when they eventually want to exit they will try buy back and close off. just look at how yzkfh was played. even free yzjm did not cause a short covering.  |
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tedlim
Veteran |
21-Jan-2026 15:32
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Yes...good read on how Maritime makes money... at 60.5 cents with Share buyback coming...let' s see how Ren can make more money for shareholders. |
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pkli899
Supreme |
21-Jan-2026 14:56
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Thanks WBdisciple for posting the article. Good read.  |
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WBdisciple
Elite |
21-Jan-2026 14:26
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Tranlation using AI: Light Assets Leveraging Hard Capacity: Yangzijiang Maritime' s " Borrowing the Hen to Lay Eggs"   Original: Lloyd' s List, January 20, 2026, 17:01 Ren Yuanlin' s Yangzijiang Maritime is adopting a seemingly simple " asset play" strategy. Targeting small and medium-sized shipyards in China, providing technical support to secure newbuild vessels at costs approximately 20% below market prices. Capturing upside gains through a light-asset model while avoiding the risks associated with holding shipyard capacity in a cyclical industry. At 73 years old, Ren Yuanlin is back in the spotlight. In 2020, this entrepreneur with a legendary reputation in China' s shipbuilding industry handed over the reins of Yangzijiang Shipbuilding, which he founded himself. Now, as Executive Chairman and CEO of Yangzijiang Maritime Development, he is entering the shipowning business through a unique path. According to his Chief Investment Officer, Sun Jianping, the company' s strategy is actually quite simple: " asset play," leveraging the group' s expertise in shipbuilding to acquire newbuild assets at prices far below market levels. " We came from Yangzijiang Shipbuilding, so we understand ships and shipbuilding," Sun Jianping said in an interview with Lloyd' s List. " Everything we do revolves around vessel investments." The model is roughly as follows: Yangzijiang Maritime targets second- or even third-tier shipyards in China&mdash these yards often cannot provide refund guarantees. Refund guarantees are a standard requirement in most newbuild contracts, designed to protect the buyer' s interests if the yard fails to deliver. The operational logic is: Yangzijiang Maritime locks in domestic second- and third-tier shipyards&mdash these yards often cannot issue refund guarantees. Such guarantees are common clauses in newbuild contracts, used to safeguard the buyer' s rights if the yard cannot deliver. Many small and medium-sized shipyards have idle capacity but struggle to secure international orders: on one hand, they lack financial security measures on the other, their technical capabilities are limited, making it difficult for them to independently build more complex vessel types like MR product tankers. Yangzijiang Maritime' s role is precisely to fill these two gaps. While placing orders at these yards, the company dispatches technical personnel to oversee operations on-site and provides design plans, drawings, and technical specifications. In other words, Yangzijiang Maritime " empowers" the yards with technology and management, enabling them to build vessel types they originally couldn' t handle in exchange, the company receives significant discounts on construction costs. Take an MR product tanker equipped with a scrubber as an example: Building it at a first-tier yard costs about $45 million at these small and medium-sized yards, Yangzijiang Maritime can drive the price down to about $40 million, with only about $20 million paid to the yard. The remaining approximately $20 million is retained by Yangzijiang Maritime for direct procurement of key equipment and materials. This strengthens quality control on one hand and captures additional profit margins in the supply chain on the other. Ultimately, it equates to acquiring a newbuild vessel at a cost about 20% below the prevailing market price. " We collaborate with yards that originally couldn' t independently build such vessel types," Sun Jianping explained. " In a sense, we are an independent shipowner, using our expertise to unlock yard capacity that would otherwise remain idle." This " approach" is particularly evident in Yangzijiang Maritime' s latest round of newbuild orders. Yangzijiang Maritime disclosed last week that it has signed order agreements with three Chinese shipyards for up to 16 vessels (including firm orders and options), covering 40,000 dwt bulk carriers, 49,800 dwt MR product tankers, and 114,000 dwt LR2 tankers, with delivery dates spanning from 2027 to 2029. Most of these vessel types fall within areas where Yangzijiang Shipbuilding has long accumulated technical advantages. Market sources indicate that the partnering yards include Jiangsu Haifeng Shipbuilding and Qidong Qianyao Heavy Industry&mdash these companies have limited recognition in the industry, but with technical support and stable order inflows from investors, they are gaining opportunities to enter the market for building more complex vessel types. To further mitigate risks, Yangzijiang Maritime also brings in partners (mostly technical or commercial management companies), allowing them to hold up to 30% equity in individual vessel projects. If a vessel is not sold before delivery, the partners will be responsible for subsequent holding and operations. If vessels are not sold before delivery, these partners will handle the holding and operations of the ships. Sun Jianping stated that the company' s ideal exit method is to secure buyers before the vessels are launched and delivered: build at discounted costs, resell at market prices, capture the price difference, and form a typical " asset trading" revenue model. Since listing on the Singapore Exchange in November last year, Yangzijiang Maritime has expanded rapidly. After the latest orders are finalized, its fleet portfolio (including options) has grown to 50 vessels. For Ren Yuanlin, this is a new chapter built on decades of shipbuilding experience: his son Ren Letian is steering the family core business&mdash now China' s largest private shipbuilding enterprise&mdash while he himself is betting on the group' s technical advantages, attempting to " mine value" in overlooked corners of the market. This strategy transforms the highly fragmented landscape of China' s small shipyards into opportunities, turning idle berths into assets and enabling obscure yards to become capable builders. However, as a veteran who has weathered multiple shipbuilding cycles, Ren Yuanlin is well aware of the industry' s significant volatility. Sun Jianping noted that this is precisely why Yangzijiang Maritime chooses to " borrow" idle capacity from third parties rather than pursuing direct acquisitions of small and medium-sized yards. This approach allows the company to expand quickly during booms and withdraw promptly during downturns. |
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tedlim
Veteran |
21-Jan-2026 14:23
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Saw this article: 轻 资 产 撬 动 硬 产 能 : 扬 子 江 海 事 的 &ldquo 借 鸡 生 蛋 &rdquo 术   https://www.eworldship.com/html/2026/ship_finance_0120/218021.html... Some insights on Ren' s money making magic for Maritime' s shareholders... |
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pasttime
Supreme |
20-Jan-2026 16:06
Yells: "gold silver are real money. not others iou." |
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shorty must throw more to reach combine value of 80cents la. wait for you ok. |
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Winnertakeall
Elite |
19-Jan-2026 22:01
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The date of the EGM has not yet been announced a shareholder circular with full details will be issued in due course.  
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ysh2006
Supreme |
19-Jan-2026 16:28
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Very funny didn' t mention when the EGM ?
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Joelton
Supreme |
19-Jan-2026 11:45
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Yangzijiang Maritime Proposes Share Buyback Mandate
 
&bull Intends to seek shareholders&rsquo approval at an EGM for a share buy-back mandate as part of its broader capital management toolkit.
 
&bull As at 30 June 2025, the Group has cash and cash equivalents of approximately S$0.5 billion with net assets of approximately S$2 billion.
 
Singapore, 19 January 2026 &ndash Yangzijiang Maritime Development Ltd. (&ldquo Yangzijiang Maritime&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), a one-stop maritime financial solutions provider, is pleased to announce that the Company intends to convene an Extraordinary General Meeting (&ldquo EGM&rdquo ) to seek shareholders&rsquo approval for a share  buy-back mandate (the &ldquo Share Buy-Back Mandate&rdquo ), in accordance with applicable requirements under the SGX-ST Listing Rules and the Companies Act 1967 of Singapore.
 
Under the proposed Share Buy-Back Mandate, the Company will seek authority to purchase shares subject to the maximum limits and pricing guidelines prescribed under the SGX-ST Listing Rules and applicable law, including that the total number of shares purchased under the mandate shall not exceed 10% of the total number of issued shares (excluding treasury shares and subsidiary holdings) as at the date of shareholders&rsquo approval, and the maximum price for  market acquisitions shall not exceed 5% above the average closing market prices (as defined under the SGX-ST Listing Rules).
 
The Company will despatch a circular to shareholders containing the information required under applicable law and the SGX-ST Listing Rules, and will announce the date of the EGM and related administrative details in due course.
 
Executive Chairman and CEO of Yangzijiang Maritime, Mr. Ren Yuanlin said, &ldquo With a healthy cash position and strong balance sheet, we continue to be focused on disciplined capital allocation, including through share buybacks when our share price may not reflect the intrinsic value of the Company.
 
With our successful IPO listing in November 2025, we believe that share buybacks are another good opportunity to reward long-term shareholders, support liquidity, and reinforce confidence in our strategy and value creation pathway.&rdquo
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pasttime
Supreme |
19-Jan-2026 10:46
Yells: "gold silver are real money. not others iou." |
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share buyback mandate very good. i think. those shorty got hit by the lowering interest rate that lifted reits has turn to shorting other counters to cover their cash position. share buy back will ensure that when shorty try to use vol to push down price. can at least hold it. and when shorty under attack from other counters. hit them back. current can see shorty retreating at capitaland listed entities, mapletree one as well. stats, hope real long term share holders must unite to fight these fake long who buy then lend to their counter parts to short down the share price.   |
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tedlim
Veteran |
19-Jan-2026 10:25
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Based on Ren' s track record, everytime he is CEO, the listco share price will be quiet for a while and then rocket up...look at YZJ Shipbuilding and YZJ Financial. With their track record in rewarding shareholders, YZJ Maritime is my best bet.   |
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For_The_Next_Leg
Master |
19-Jan-2026 10:11
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The most effective way to value this play is as a Shipping Trust. My thesis is based on the company' s evolving revenue structure and dividend distribution strategy, which mirrors the trust model. Consequently, the ' make-or-break' factor for 2026 will be the macro-environment for shipping. If we see the expected expansion in trade and logistics throughout the year, this company is positioned to act as a high-yield vehicle for that growth.
 
" Yangzijiang Maritime Development Ltd. (YZJ Maritime) is a Singapore-based maritime financial solutions provider that debuted on the Singapore Exchange (SGX) Mainboard on November 18, 2025. Spun off from Yangzijiang Financial Holding, it focuses on maritime asset investments and ship financing to capture growth in the global maritime sector.
 
Core Business Activities
Maritime Asset Investments: Directly investing in shipping vessels through joint ventures for charter or sale.
Ship Financing: Providing specialized solutions such as sale-and-leaseback arrangements, pre-delivery loans, and secured loans.
Maritime Services: Offering ship agency, shipbroking, and consulting services, as well as the import and export of shipping equipment.
 
Key Financials & Strategy (2026)
Recent Developments: As of January 19, 2026, the company is seeking shareholder approval to buy back up to 10% of its issued shares. This move is intended to reward long-term shareholders and stabilize liquidity.
Portfolio Growth: As of June 30, 2025, the group managed a fleet of 76 vessels, including tankers, bulkers, and gas carriers, with a net asset value (NAV) of approximately S$2 billion.
Expansion: In late 2025, the company signed contracts for the sale of four vessels for US$180 million and entered letters of intent for eight newbuild vessels scheduled for delivery between 2027 and 2028.
Dividend Policy: The board has expressed an intent to recommend dividends of no less than 40% of net profit after tax for FY2025."
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Winnertakeall
Elite |
19-Jan-2026 09:50
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YZJ Maritime proposes up to 10% share buyback as part of capital management planshttps://www.businesstimes.com.sg/companies-markets/yzj-maritime-proposes-share-buyback-part-capital-management-plans |
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WBdisciple
Elite |
19-Jan-2026 08:43
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Similar game book at YZJ Financial...keep doing share buybacks when it is cheap, share price rocket up to S$1+. Now Ren Zong is CEO/Chairman at Maritime and with share buyback coming, time to buy the shares now?  From the press release: &ldquo With a healthy cash position and strong balance sheet, we continue to be focused on disciplined capital allocation, including through share buybacks when our share price may not reflect the intrinsic value of the Company. With our successful IPO listing in November 2025, we believe that share buybacks are another good opportunity to reward long-term shareholders, support liquidity, and reinforce confidence in our strategy and value creation pathway.&rdquo dyodd. |
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