$YZJ Shipbldg SGD(BS6.SI)$ 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
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.
May I ask if it's still good to buy-in at current $2.55 for short-term gain?
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: