$YZJ Shipbldg SGD(BS6.SI)$ What an amazing turnaround for Yangzijiang today! It jumped 14% this morning due primarily to regulatory relief on the reduction of port fees. Initially US authorities were proposing to impose higher fees on vessels built in China. However the proposed higher port fees have since been reduced.
Yangzijiang has also been buying back shares recently to boost its share price. In addition to that good news, Yangzijiang announced a final dividend of SGD 0.12 per share for its financial year ending December 31 2024. The current dividend yield is 5.29%. Yangzijiang will go ex dividend on May 5. How good is that! 🥰🥰🥰🌈🌈🌈💰💰💰
@TigerClub @TigerStars @Tiger_comments @CaptainTiger @Tiger_SG
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May I ask if it's still good to buy-in at current $2.55 for short-term gain?
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