| Latest Forum Topics / YZJ Fin Hldg Last:0.235 -- |
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YZJFH - potentially rewarding
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ss2017.
Supreme |
26-Nov-2022 17:33
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I think they might have achieved SBB intended purpose. No more necessary for the present reactive mode of buying from now.
The remaining 130+m available funds may likely channel Into more productive investment in future.
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GoldenPig
Veteran |
26-Nov-2022 17:30
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OIC. Thanks for the clarifications and details.
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soeteono
Senior |
26-Nov-2022 17:26
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So far no announcement of his purchase .
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vicloo
Supreme |
26-Nov-2022 17:18
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Co is not doing SSB, but he is buying using own money, as retail investor??
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HVRRVH
Elite |
26-Nov-2022 16:23
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3q update? I attended L&T presentation and all I remember was that Ms Li Hua didn?t say there will be 3Q update. She only said SBB was paused as they have bought back a lot and they are strategising it in view of 10% cap. She almost rest it like that but the L&T person then chip in to say ?also because of 3Q results? and she replied it was not compulsory but to be prudent, the SBB has stopped. She went on to remark there may or may not have 3Q update. So it is not a confirm thing that there will be 3Q update. As for TROW, she didn?t make specific reference to it but personally I think they should have sold all.
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GoldenPig
Veteran |
26-Nov-2022 14:19
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Yes, nothing new per se. But it' s reassuring to see the company achieving significant milestones in its implementation plan. My guess is the share buyback is paused, not because of a Q3 business update but because of these implementation progress updates. And also because the dumping of shares by SSHs like T Rowe has stopped?
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HVRRVH
Elite |
26-Nov-2022 11:21
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Something new, qualified for Liquidity Pool Scheme. Actually, it' s not somthing new, it has been part of the plan by the management. Chinese company without this qualification can only move fund out via declared dividend or QDLP. We can omit QDLP for most Chinese companies, as their nature of business is not investment per se and QDLP is not applicable. YZJF should be getting QDLP in due course too. Already, with LPS in place, they can move up to RMB10b freely to their group of companies outside China freely. So this address the point of Chinese capital control policy and allay the concern that they can' t move fund out of China to meet investment committment. It also shows that they have big sum of money in China currently. As shareholders, we hope once these monies are put to investment oveseas, it will generate good returns. With LPS, YZJF can also easily convert USD/SGD back to RMB if the exchange rate is favourable and realised the gain. As it is, at least from my past experience with China Sunsine, they can only present the ' gain' on paper because their USD was stuck at overseas account and cannot readily convert/transfer back to RMB in China. So in gist, another good development and long term investors shall be patience.  | ||||
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pursuer76
Veteran |
25-Nov-2022 08:43
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It' s nice that forumers are sharing good information so investors can make an informed decision. Probably, can garner more support to push it up to it' s fair value. I assume most investors are impatient due to the fact it plunges from almost 60 cents to the lowest level at 31 cents since the spin off. I' m pretty confident it will rise eventually with Ren' s capabilities. He ain' t dumb to invest so much in YZJFH and see it fall too. | ||||
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volvo125
Master |
24-Nov-2022 18:31
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Eh ... not really blind faith, more like in good faith based on YFH rock solid net cash balance sheet. Based on its previous years almost pure DI portfolio, churning out a 8~9% NPAT margin from its steady ~12% pa gross interest income yoy is almost a guarrantee. Just that now the issue of future income visibility sets in during this transformation phase because YFH wants to upscale its porfolio to include higher margin wealth and fund managment products while toning down the lower margin but bomb proved DI. YFH has strong competency and successful track record in DI but the coy is certainly new to the fund and weath management businesses. Time will tell if the former GEM team could successfully re-deploy the recycled DI funds progressively into the much higher margin fund and wealth managment products. Also, how RenYL could capitalise on his UHNW network with the QDLP in his Jianyin base in the affluent Jiangsu Province to seek out more family offices will have a significant valuation implication on YFH going forward.
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ss2017.
Supreme |
24-Nov-2022 16:31
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Why people need to join us for positive thinking. Reasons here:
Beside trust the Mgt with " calculated faith". The most important criteria is this company does not have debts. Further more no cash flow problems, instead it has a plenty of capital reserve. Stay positive always. |
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YibaoI
Senior |
24-Nov-2022 16:15
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agreed. i understand many is feeling frustrated as we put a lot of faith and homework and it did not come to be.  end of the day yzjfh need patience and holding power.  really more for long term investor who did the homework and is willing to go for long term. looking forward to it going up soon gradually. but dyodd  
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ss2017.
Supreme |
24-Nov-2022 15:02
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The whale back bones are long, you count then you know, so don't expect it stops at 35.5, may be longer...
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112233
Master |
24-Nov-2022 14:46
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see a whale coming. don' t know will it gobble up 0.355 🤫 | ||||
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HVRRVH
Elite |
24-Nov-2022 14:38
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I think we have to give credit to investors who really did their homework, so I wouldn' t say ' blind' faith when come to them. I know who among the forumers are more credible ones with their postings. But a lot just wanted a quick punt and their ' frustration' is so intense that you can even feel it just by reading their posts because they wanted the price to hit 70 cents like yesterday.  
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ss2017.
Supreme |
24-Nov-2022 14:34
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People who own this YZJFH share is purely based on blind faith with a high stake gambling on YZJFH Mgt credibility. Many things are in the dark now..
Hold if you believe the Mgt. Or quit the counter if you don't trust them,so simple. There is no point talk down this counter hoping to buy low because once 34.5 is supported recently , the price trend is gradually moving up. Good luck to those long holders. Traders don't waste time and energy on this counter.
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ruanlai
Elite |
24-Nov-2022 14:21
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FM are getting ready to push up this gem before Ren and T showhand. Stay tune to watch one mouth up 8m at 35.5cents......historical view..... DYODD |
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HVRRVH
Elite |
24-Nov-2022 14:11
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Nothing new here. Managment carrying out strategies as per planned. Still, many investors or rather traders, seems losing patience but realy, there is nothing to see till at least 1 and half / 3 years later. What we do know in the interim is that there will be at least 40% eps payout as dividend. So investors who believe in the company get dividends while watiing. Traders should identify better company to trade.  | ||||
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soeteono
Senior |
24-Nov-2022 07:58
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He is not buying any , how to increase his stake ?
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sgng123
Supreme |
24-Nov-2022 02:02
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Getting exciting as old ren gearing up to increase his stake in YZJFH together with remaining 100+ mil share buyback program. Sharebuyback had been stalled since start of nov in anticipation of big news in Dec which would affect stock price. Old Ren getting pissed off by short selling on his darling company YZJFH, maybe this time he going big time and increase his stake significantly. It getting ridiculous by days as cash company stock price get smash to 30% of it cash value. 90% of DI matured by 1h 2023,0that is abt 2.2b cash coming in, add in existing cash 1.25b. almost 3.5b cash hoping to be redeployed with interest rate going skyhigh, yzj can get higher rate from it DI. Partnership with temasek in PE fund focusing in sg and Vietnam, think GIC might hop in later. Lots and lot of cash incoming but stock price not reflecting..... Enjoy the show but stay off drama. |
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Amateurinvestor
Veteran |
15-Nov-2022 22:47
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No one will know for sure
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