Yangzijiang Shipbuilding: Get Involved
I'd still be buying here. There's ~14% upside from here to ~S$1.80/share and more to S$2.00/share. There's upside still left here.
- Yangzijiang Shipbuilding (YZJSGD SP)'s EGM will be held on 18 April to vote on the proposed spin-off and listing of the company's investment segment, YZJ Financial Holdings Ltd (YZJFH).
- This spin-off involves an in-specie distribution of YSJFH, with a possible listing by month-end.
- YZJ's shares have had a solid run since the initial restructuring announcement last November. There looks to be still more juice left in the trade.
By David Blennerhassett - https://www.smartkarma.com/profiles/david-blennerhassett?utm_source=tiger_community
On Yangzijiang Shipbuilding (YZJSGD SP) - https://www.smartkarma.com/entities/yangzijiang-shipbuilding-holdings-limited?utm_source=tiger_community
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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