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Yunji Inc. (YJ)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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3.8100-1.1200 (-22.72%)
At close: 1:00PM EST
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  • B
    Bento
    "Our third quarter financial results demonstrated the effectiveness of our cost control measures. On a year-over-year basis, we narrowed our loss from operations by 79.3% and our net loss by 14.9% in the third quarter. We also continued to improve our cost structures, maintain our strong cash reserves, and advance towards our goal of achieving healthy, profitable, and sustainable growth." that's all you need to know. losses are decreasing big time - market will like that. the reason for a drop in revenue listen to their earning podcast - more detail
  • M
    Mohammed
    Here is the bottom line guys. YJ are changing their business Model to become more profitable. Instead of manufacturing and selling their own brand , YJ opted to opening their platform to big and exclusive brand. GMV2 increased and so GMV1. The revenue went down and so did the cost because they scaled down on manufacturing and opted to Amazon model. EPS is awesome and the company is heading on the right direction for both short and medium term. Remember all the good stuff happened in September.
    Bullish
  • w
    wisam
    It’s going to b 20$ in January
  • G
    Gerrit
    ER is solid !!! better than Q2 report... GMV is growing... active members are growing... and revenues are down because of the shift from selling own products to taking a commissions
    would be surprised to see a big selloff because of the earnings
  • J
    JP
    After Friday´s Earning Call, this stock will be double digits. Getting in now will pay out next week.
    Good Luck everyone!
    Bullish
  • U
    Unicorn
    the earnings were pretty decent overall considering the pandemic. if the restructuring if they're selling platform actually pays off in the long run other people will see that as an opportunity growth. I'm staying long.
    Bullish
  • G
    Gabriele
    EPS improving, exponentially growing sector, collaborations with the biggest social platforms, what else should I add to it?
    Bullish
  • L
    Lester
    Will hold it till $11. The big shark investor are just playing with it. Have confidence in this stock.
  • s
    stockdog87
    I’m staying long
  • B
    Ben
    What will we see tomorrow? I'm holding 400 shares! ?
  • P
    Pech
    Look like tomorrow is going to be a good day since YJ beats the estimate.

    https://www.chartmill.com/stock/quote/YJ/earnings-estimates
    Bullish
  • m
    michael
    Looks like great outlook for the company overall !
    Bullish
  • A
    Andy
    The report actually was positive for the company. Many people are blindly investing on many garbage companies which don't make any profits. This is a solid company and their shares will be $10+ soon.
  • W
    WhiteCloud
    Newbie question, do they open in pre-market hours? I just got up so early today to check because I worried so much for the prices going be....
  • B
    Brother
    It's going to shake the weak hands and end up closing the say at $5.20.
    Bullish
  • B
    Bento
    some of you don't know how to read the earnings. considering how much this company makes it shouldn't be trading at these current levels. This is an aggressive growth story. don't be surprised if this is trading over $30 in 6-12mths. I know companies with less earnings trading much higher.
  • a
    avash
    What’s the plan for tomorrow
  • A
    Andy
    Trading volume is very good. The baby is going up.
  • J
    JP
    People obviously don't know how to read an ER. The company has shifted away from product cost billing and are moving to a percentage model like Amazon. This is why Gross Revenue is down by 60% or so and Net Earnings are up substantially. This is a very good thing! Buy.
  • s
    stksue
    we are going up now after long wait..