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YZJ Fin Hldg
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2022 super lousy stock
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john1703
Member |
28-Jun-2023 11:06
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And I am not too worry of how they eill get rid of the excess treasury shares. It ican be used as good as cash! | ||||
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john1703
Member |
28-Jun-2023 11:00
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As I said, they can putchase up to 10% outstanding this FY as mentioned in their AGM and daily buyback announcement. If above 10% treasuery shares, they will be guven 6 months to get rid of the excess to keep within 10% as mentioned in SGX rule book. During the 6 months, they can cancel, sell or issue to vendor/partner etc.
So for at least another 6 months, thry can buy back at least another 300 million shares
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arkan1111
Veteran |
28-Jun-2023 10:43
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Price/Book value = 0.319 very very under value
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Volmax
Master |
28-Jun-2023 10:38
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Maximum number of shares authorized for purchase = 367,397,812 Number of treasury shares held after purchase = 300,611,100 Another 66,786,712 shares before hitting maximum 10% treasury shares. Correct me if I' m wrong.
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john1703
Member |
28-Jun-2023 08:37
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I sense people are longing SB and shorting FH. Now spreading fears on YZJFH to drive down price. If what below message is true, SB can easily take back FH again. It is still one family group eventually. Can split also can merge. I am already surprise SB has a property arm. My wild guess is it will eventualy 'transfer' to FH. SB will also likely provide lifeline to FH in the worst case. I know current outlook no good but will not be too pessimistic. 33.5c is clearly the price FH is protecting. | ||||
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pasttime
Elite |
28-Jun-2023 08:36
Yells: "Buy good stock on sale and collect dividend long long time" |
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property in china has surely past the worse in their time. yesterday most property stock in china/hk raised a good percentage. expectations is for more government measures to help the buyers. different places has issue different measures, many to provide liquidity to buyers, removing buyers restrictions.  recovery will happen . it takes some time. by the yzjfh is not all about property, volvo125 in another yzjfh thread put up a decent spilt of their value by type.  post on 15 jun 00.31 hrs.  a good read. this is a slow stock not in raising state yet. got to wait. buyer has to got the right time expectations.   |
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explosive2013
Master |
28-Jun-2023 08:24
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I can sense that yzjfg will drop to below 0.10 this year.
Yzjsb may double price from current level. TrC fund is smart, they sold all yzjfh long time ago and all in yzjsb.. They are laughing now.. |
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pasttime
Elite |
28-Jun-2023 08:15
Yells: "Buy good stock on sale and collect dividend long long time" |
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the chinese video i have visited. mostly is picture then ownself added naration and own self talk ownself happy type.  it represent the video producer view. think they are mostly there to make a living. different sector in sgc has peformed differently. basically think big foreign money has moved out to handle their own opportunity/problem back home. oil gas related stock has outperformed. property has suffered.  finance is about the same. if one has a well spread out pofolio with heavy weight on oil gas and restructuring theme has gained. so i will not said yzhfh has done badly. it just performed like other banking stock.  if share buy back hit limit, they can just do a buy and cancel by the number bought back. so fear about no buy back upon hitting limit does not make sense. important is boss want to support the price or not. view the situations at yzjsh as collected enough, push on good news and distribute at higher level. what level as high as they can go.  yzjfh looks more like being collected in small quantity in view of their. switching like happening,  shorts got another chance is when within 1 month limits no buy back to provide liquidity then can pick cheap cheap and wait for results. problem for shorts is there may be no real sell volume. then they sell down and being collected away they will have bigger probem. do not think professional shorts will do this target. hold and collect more likely. shorts are net zero. if open shorts positions in the hand of bull is a spring later. dyodd. |
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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
Master |
27-Jun-2023 18:22
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67m SBB To Go! What Happen After That? ![]() |
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Volmax
Master |
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
Master |
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
Master |
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-2023 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
Master |
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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