Yangzijiang Financial Holding

Wilmar chairman Kuok sees stake rise; Yangzijiang Financial resumes buybacks - THE EDGE SINGAPORE

Insider moves

Wilmar chairman Kuok sees stake rise; Yangzijiang Financial resumes buybacks

Wilmar chairman Kuok expects the current 2HFY2023 to be better than 1HFY2023
Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks - THE EDGE SINGAPORE

Results

Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks

Share buybacks has reduced YFH's share base by 6.6%, helping to lift EPS further by 27.2% y-o-y
Global Investments in active buybacks; ID Ong of Geo Energy halves his stake - THE EDGE SINGAPORE

Insider moves

Global Investments in active buybacks; ID Ong of Geo Energy halves his stake

As at March 31, the company’s net asset value per share was 16.01 cents

Buybacks

Yangzijiang Financial Holding resumes share buyback after five-month break

The company has spent more than $100 million on the buybacks to date.
Ren of Yangzijiang Financial looks forward to better FY2023, eyes funding of LNG and quarry projects - THE EDGE SINGAPORE

Corporate moves

Ren of Yangzijiang Financial looks forward to better FY2023, eyes funding of LNG and quarry projects

Ren Yuanlin is certain that YFH will do better for FY2023 relative to FY2022
Yangzijiang Financial 'deeply undervalued' but CGS-CIMB sees headwinds, cuts TP - THE EDGE SINGAPORE

Broker's Calls

Yangzijiang Financial 'deeply undervalued' but CGS-CIMB sees headwinds, cuts TP

The analysts think sustained Covid-19-related lockdowns could prolong lacklustre home sales and further dampen property values.

Results

Yangzijiang Financial reports lower income in 3QFY2022 business update; NPL from property loans up

As of Sept 30, 56% of YZJFH’s portfolio is in the form of debt investments in China. This proportion will be reduced to 30% by end
Yangzijiang Financial’s Ren readies share purchases upon buybacks hitting mandate cap - THE EDGE SINGAPORE

Company in the news

Yangzijiang Financial’s Ren readies share purchases upon buybacks hitting mandate cap

"You are paying just 30 cents to buy $1 worth of assets."
HRNetGroup and Yangzijiang Financial in active share buybacks - THE EDGE SINGAPORE

Insider moves

HRNetGroup and Yangzijiang Financial in active share buybacks

RHB’s Jarick Seet expects HRNetGroup's positive performance to continue

Broker's Calls

Yangzijiang Financial on track to hit AUM target, CGS-CIMB keeps 'add'

The analysts include faster-than-expected AUM growth as one of the key catalysts.
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