| Latest Forum Topics / YZJ Fin Hldg Last:0.235 -- |
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Tiong Seng
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alvin87a
Member |
28-Jun-2023 01:24
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ALL OLD NEWS...https://www.chinanews.com.cn/cj/2012/07-16/4033527.shtml    https://www.rfa.org/mandarin/yataibaodao/14806-19990928.html      https://www.sohu.com/a/250660575_100162414      https://finance.sina.com.cn/money/bank/2022-08-26/doc-imizmscv7865632.shtml    https://zh.wikipedia.org/zh-sg/%E5%8C%85%E5%95%86%E9%93%B6%E8%A1%8C
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john1703
Member |
27-Jun-2023 20:44
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You misunderstood again.
They can purchase up to 10% of outsbding shares this FY. So it is a lot more than 67m which you mentioned. If all 10% are used up, this will cause their treasury shares holding to exceed 10%. They have up to 6 months to deal with this situation, either cancel, market sales or issue to partners in lieu of cash which I remember YZJSB has done such action before.
After this FY 10% buyback is used up, I guess Chairman will i itiate his personal buyback. I have trust with him. He has good track record!
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Volmax
Elite |
27-Jun-2023 18:22
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67m SBB To Go! What Happen After That?
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Volmax
Elite |
27-Jun-2023 15:55
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Those bro wanted 335, your dreams come true! There is more for you to pick up!
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john1703
Member |
23-Jun-2023 21:20
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This is not the first time I was shown irrelevant videos and websites written in Chinese. I am not sure about the motive. But some English source have good info but need to validate the source. | ||||
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Volmax
Elite |
23-Jun-2023 18:00
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Up to you to DYODD! Talking of Chinese acquaintance, I used to have truckloads of Chinese Subordinates from all parts of China. Btw, Fear Is In Your Head, No One Can Create It Other Than Yourself! ![]()
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john1703
Member |
23-Jun-2023 16:26
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China is so big, definitely have lots of stories. Just luke US,maby states have their own problems. Anyway I have China friends so I learn from them. | ||||
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Volmax
Elite |
23-Jun-2023 15:56
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1.  平 凡 百 姓 紀 實 2.  普 通 百 姓 聊 真 实 的 中 国 3.  真 實 的 中 國 百 姓 4.  中 国 百 姓 实 录 5.  真 實 的 中 國 小 人 物 6.  未 公 开 的 中 国 These are some of the Youtube channel featuring everyday commoner and daily event of what is happening in China now. Go find out yourself if you can understand Mandarin. ![]()
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john1703
Member |
23-Jun 15:26
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You believe Youtube news? Some were outdated news. Dont create fear lah. It really that bad, guess those high profile newly recruits would quit first.
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Gemcool
Member |
23-Jun-2023 14:54
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Sounds bad. Look like those stocks linked with china are all at risk. Any stock with lesser risk to recommend?
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Volmax
Elite |
23-Jun-2023 14:28
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Came across in YouTube, a few smallish Chinese Local Bank that went bankrupt the last few months, but didn' t managed to captured their names. Other than those disclosed by the government, the rest of the recent bank collaspse were blocked by the Chnese media. So long as you get the point. ![]()
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john1703
Member |
23-Jun-2023 12:16
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Dont quite agree. Ibgoole for 海 南 发 展 银 行 brankrupt. It seems it happened in 1998 due to not current situation. Why are you sharing such old irrevalent news?
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Volmax
Elite |
23-Jun-2023 11:48
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For those still having illusion, hope, wish and dream, some facts for China as follow 1. Real Estate Market Crashed and will get worse for the next one to two years, before seeing any meaningful recovery. 2. Official Jobless Rate For Youth Topped 20.4%. Another 11.58m gratuates set to enter into Job Market next month. 3. Continual Exit of Foreign Funds, Investors & Closure of Mega Factories, due to Xi' s Common Prosperity Policy 4. Debts held by Local Government Financial Vehicles Totaled 59 Trillion Yuan ($8.25tn). Unofficial Quoted Increasing Provincial Government owes salaries for more than 3 months. 5.  Collapse of Banking & Financial System -  Bankrupted  (1.河 北 省 肃 宁 县 尚 村 农 信 社   2.汕 头 市 商 业 银 行   3.海 南 发 展 银 行   4.  包 商 银 行   5.  太 子 河 村 镇 银 行 ) and more to come. 6. Devastating Climate Change El Nino- Prolong drought and flood affecting food security, power generation and livelihoods of millions. 7. Geopolitical Tensions & Trade Wars - Exports Tumbled 7.5%, Imports Slump 4.5% YOY May 2023. Possible war with Taiwan to divert attention from the sluggish economy. Telltale Signs Includes - Promoting State-Run Canteen & Supermarket, " Returning Forest To Farmland & Planting Rice Terrace Uphill" Land Reclamation Campaign. 8. Increasing Protest & Social Unrest due to numerous reasons like housing issues, unemployment, bankruptcies, stagflation and government policies. These people are no longer obedient and getting rebellious.
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explosive2013
Master |
22-Jun-2023 23:40
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It is coz most of holder are all in and suffer big lossess. So they hope and dream everyday.. Nothing much they can do now.
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unclebond
Master |
15-Jun-2023 18:28
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I think for this counter, need to see how the management perform for the 1H 23 before more commitment from retailers and institutions. Their NPL is rather high during their last statement  
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vicloo
Supreme |
15-Jun-2023 17:55
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Can't do much hold or cut loss
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Volmax
Elite |
31-May-2023 10:39
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Downtrend, better cut loss and fight another day! China Property Market is dead and will not recover for the next two year! DI = Die Inevitably
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Volmax
Elite |
26-May-2023 13
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Lai Liao, OBK!
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Nippon72
Veteran |
22-May-2023 23:30
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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While I am always in two minds about China shares, I know we cannot ignore them given their market size and rise. So will just buy an amount that I am prepared to write off completely.  Appreciate your early warning, comes in handy when I got swept away with the juicy numbers and CEO/Chairman actions. When I wanted to load more, it is people like yourself makes me pause and think again.  Goodnite and rest well fight the market another day!  
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zillion
Master |
22-May-2023 15:12
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syndicate, operators long long ago kenna black eye when it got listed on 28 Apr last year, Few broking houses kept saying buy buy until it became bye bye. so called syndicate now are those handful of dealers gang with some TRs to play left right left right etc ie churning until hopefully good stuff can come out. Agree the property market in China kenna gone and with their portfolio loans mainly in real estate looks like who ever brave to keep ' long' term is foolhardy. But it is still tradeable with technicals. in the long term we are all dead including stocks we hold. 
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