【TatHong T03 交流专区】TAT HONG HOLDINGS LTD

icy97

Tat Hong price target lowered by DBS Vickers
http://www.theedgesingapore.com/the-daily-edge/business/44625-tat-hong-price-target-lowered-by-dbs-vickers.html

Wed, 10 Jul 12:11
Alfie Yeo, analyst at DBS Vickers, is lowering crane operator Tat Hong’s price target to $1.43 but maintaining its buy call.

“We see two potential downside risks to earnings for the coming quarter in weaker AUD and slower mining and infrastructure spending in Australia. 2H13 revenues from Australia fell 12% y-o-y, affected by a slowdown in mining and infrastructure spending. These could result in slower equipment sales/rental and translation losses for 1Q14F,” says Yeo in a DBSVO Clarity email blast.

Yeo says the outlook for mining in Australia will likely remain weak with infrastructure spending expected to slow down over the next two quarters. “We now expect less aggressive growth in equipment sales, and general equipment and crane rental business. The AUD has also depreciated 9% against the SGD, which could result in translation losses,” says Yeo.

As such, Australia will potentially drag earnings growth. For FY14F, DBS Vickers has lowered crawler crane utilisation rate from 77% to 73% and rental rates by 7% to account for slower rentals. The research house has also reduced equipment sales revenue growth from 3% to 1% and general equipment rental income growth from 9% to –13%. In addition, it has factored in $5.5 million impact from a weaker AUD against the SGD in 1QFY14F.

Tat Hong is currently trading at –0.5SD of its mean valuation, at 9.8x PE. Despite near-term headwinds, the stock is attractive as valuation is below average. “Our target 12x FY14F PE multiple values the stock at $1.43,” concludes Yeo.

icy97

Name of Announcer *	TAT HONG HOLDINGS LTD
Company Registration No.	199105392H
Announcement submitted on behalf of	TAT HONG HOLDINGS LTD
Announcement is submitted with respect to *	TAT HONG HOLDINGS LTD
Announcement is submitted by *	Lional Tseng
Designation *	Joint Company Secretary
Date & Time of Broadcast	02-Aug-2013 18:58:04
Announcement No.	00167

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

Announcement Title *

EXPIRY OF WARRANTS

Description

Attachments

THHW130802020813.pdf

icy97

Name of Announcer *	TAT HONG HOLDINGS LTD
Company Registration No.	199105392H
Announcement submitted on behalf of	TAT HONG HOLDINGS LTD
Announcement is submitted with respect to *	TAT HONG HOLDINGS LTD
Announcement is submitted by *	Lional Tseng
Designation *	Joint Company Secretary
Date & Time of Broadcast	13-Aug-2013 17:20:47
Announcement No.	00072

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

For the Financial Period Ended *	30-06-2013
Description

Attachments

1QFY2014SGXNET130813.pdf 1QFY2014NR130813.pdf 1QFY2014Presentation.pdf

Tat Hong posts 51% lower Q1 net profit of $8.2 mil
http://sgx.i3investor.com/servlets/fdnews/44203.jsp

Publish date: Wed, 14 Aug 11:34  
Tat Hong Holdings, the crane supplier, reported a net profit of $8.2 million for its first quarter ended June 30, 51% lower from $16.7 million a year ago.

Revenue was down 18% to $175.5 million, from $215.3 million a year ago. The decrease in revenue was led by lower sales in Tat Hong’s main distribution and crane rental segments.

Tat Hong said that the profit drop was due to an economic slowdown in Australia affecting the distribution and rental business, and cost overruns by a joint venture in Indonesia for a project that has since been completed.

icy97

Name of Announcer *	TAT HONG HOLDINGS LTD
Company Registration No.	199105392H
Announcement submitted on behalf of	TAT HONG HOLDINGS LTD
Announcement is submitted with respect to *	TAT HONG HOLDINGS LTD
Announcement is submitted by *	LIONAL TSENG
Designation *	JOINT COMPANY SECRETARY
Date & Time of Broadcast	15-Aug-2013 17:56:39
Announcement No.	00099

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

Announcement Title *

INCORPORATION OF JOINT CENTURE COMPANY - CHANGZHOU TAT HONG ZHAOMAO EQUIPMENT RENTAL CO., LTD.

Description

Attachments

IncorporationofChangZhouTatHong150813.pdf

icy97

Intraco, Tat Hong and Aung Moe Kyaw set up Myanmar JV company
http://www.theedgesingapore.com/the-daily-edge/business/45261-intraco-tat-hong-and-aung-moe-kyaw-sets-up-myanmar-jv-company.html


Publish date: Wed, 28 Aug 17:55  
Mainboard-listed trading company Intraco Limited on Aug 28 announced a joint venture agreement with Tat Hong Holdings and prominent Myanmar businessman Aung Moe Kyaw to establish Tat Hong Intraco Pte Ltd, a joint venture company in Singapore, to carry out the business of rental of cranes and distribution of cranes and excavators in Myanmar. Incorporated in Singapore with a paid-up capital of US$500,000, both Intraco and Tat Hong each hold a 40% stake in the new entity, with the remaining 20% held by Aung Moe Kyaw. Intraco’s share of capital was sourced from internally generated funds. The Singapore JV company will carry out the distribution of cranes and excavators in Myanmar. It will also incorporate Tat Hong Intraco Heavy Equipment Co Ltd, a wholly-owned subsidiary of Tat Hong in Myanmar, to provide the rental of cranes and other related business activities in the market.

icy97

达丰控股将精简其新加坡营运
http://www.sharesinv.com/zh/articles/41378/

2013年09月05日
亚太区最大的起重机公司达丰控股(Tat Hong Holdings)决定精简其新加坡营运，包括通过公开招标来脱售其位于卡尔弯11号的产业。它也向裕廊集团(JTC)租下1万6,100万平方米的工业用地(位于大士南10街)，为期22年。为提高营运效率，公司将把其在大士区的营运整合起来，并把一些不那么受时间限制的工作迁移至马来西亚，从而减低营运成本。

启示：在精简新加坡的营运后，公司将能改善其营运效率、减低成本及更善用其产业。预期公司将在本财年确认脱售收益，进而改善其财务灵活度，以在任何良机出现时可好好地把握。

icy97

Tat Hong reconsiders plans for land plot in Iskandar
Source: Reuters   |   Publish date: Tue, 29 Oct 09:29
http://www.theedgesingapore.com/the-daily-edge/business/46048-tat-hong-reconsiders-plans-for-land-plot-in-iskandar-.html

A parcel of land in Malaysia's fast-growing Iskandar region that Singapore-listed crawler crane supplier Tat Hong Holdings bought in 2011 for storage use has risen more quickly in value than expected.

The firm has decided to develop the land, located in the Nusajaya area of Iskandar, for mixed use, together with some partners.

ezio

掉到五年的最低点了
0.63
是时候进场吗？

aero73

ezio 发表于 28-4-2015 07:00 PM
掉到五年的最低点了
0.63
是时候进场吗？

等等吧。。还看不到它要回弹。。
大家注意它的动静。。。
个人意见。。。
买卖自负。。

ezio

继续关察中...

aero73

ezio 发表于 30-4-2015 10:27 AM
继续关察中...

大家一起注意吧。。。
个人认为快了。。。

ezio

今天掉落到0.59了
按照过去几年的情况
Tat hong将会在这个五月的最后几天公佈财政报告和股息
不知有那位专家有对tat hong 公司有深入了解

ezio

Tat Hong Holdings Ltd Provides Earnings Guidance for the Fourth Quarter and Full Year Ended March 31, 2015
Apr 17 15

Tat Hong Holdings Ltd. provided earnings guidance for the fourth quarter and full year ended March 31, 2015. The Group is expected to report a loss for the fourth quarter of 2015. The Group expects to remain profitable for the full year of 2015 as its underlying performance in fourth quarter of 2015 remained stable.

Tat Hong Holdings Ltd. Reports Unaudited Group Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
Feb 13 15

Tat Hong Holdings Ltd. reported unaudited group earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported revenue of SGD 154,945,000 compared to SGD 167,367,000 a year ago. Profit before income tax was SGD 9,953,000 compared to SGD 14,673,000 a year ago. Profit attributable to owners of the company was SGD 4,532,000 compared to SGD 12,146,000 a year ago. Net cash from operating activities were SGD 23,463,000 compared to SGD 35,605,000 a year ago. Purchase of property, plant and equipment was SGD 5,328,000 compared to SGD 46,694,000 a year ago. Purchase of intangible assets was SGD 554,000 compared to SGD 735,000 a year ago. Earnings per share on fully diluted basis were 0.72 cents compared to 1.92 cents a year ago. For the nine months period, the company reported revenue of SGD 471,960,000 compared to SGD 528,170,000 a year ago. Profit before income tax was SGD 36,691,000 compared to SGD 40,676,000 a year ago. Profit attributable to owners of the company was SGD 21,945,000 compared to SGD 28,605,000 a year ago. Net cash from operating activities were SGD 80,094,000 compared to SGD 52,951,000 a year ago. Purchase of property, plant and equipment was SGD 37,980,000 compared to SGD 125,443,000 a year ago. Purchase of intangible assets was SGD 1,286,000 compared to SGD 758,000 a year ago. Earnings per share on fully diluted basis were 3.48 cents compared to 4.54 cents a year ago.

http://www.bloomberg.com/research/stocks/snapshot/snapshot.asp?ticker=TAT:SP