| Latest Forum Topics / Tritech Last:0.008 -- |
|
|
Tritech Group
|
||||||||||||||||||||||||||||||||||||||
|
hfjdhy
Member |
23-Aug-2015 21:17
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Why are you so worked up? Looking at your past posts you are actively promoting this stock. Any reasons? We are all here to learn about share trading and all information I have mentioned are publicly announced and available. It is just to highlight why certain counter' s share price is what it is currently trading. It is a very open market.
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
hfjdhy
Member |
23-Aug-2015 21:13
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Figures do not tell lies. Share price does not tell lies, especially Terratech from IPO 23 cents shot down to below 6 cents is the worst performing IPO in 2014.  3 years of negative operating cash flows and auditors never trigger the Emphasis of Matter. Foresee Tritech Group share price will hover between 10 to 11 cents for the rest of the year.     
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||
|
golden_SGX
Master |
23-Aug-2015 21:01
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
3 years of consecutive negative operating cash flow? Why did you not mention Tritech had also more than a decade of consecutive positive operating cash flow with impressive yoy growth !!!  Yes, from its begining in 1999 to 2012, almost 12 consecutive yrs of profit & yoy growth !!! You must be telling lies because of your ignorance in the past. Beside, the 1st & 2nd year of loss are due to incurred cost from setting up the two business segments: water & resources. The cost includes the building of 5 mega membrane factory in Qingdao, the purchase of the huge Kelantan Quarry Site. the M& A of subsidiaries co.   this first 2 yrs are paper lost, only, while the engineering group still remained on profitable track!!! Just look who is one of the director of Tritech group - Prof. Yong, who happens also to be the director of both LTA & BBR group. How can things go wrong? And the 3rd yr of loss are mainly attributed to the finished contract from downtown line. Only can we see profits come in again from the numerous contract from thomson line. Also the water group only has a disappointing $18mil+ revenue only, based on the full yrs result but it shld rise dramatically since the 5 mega membrane factory is fully operational now. And Terratech is doing well with 2 major contracts secured ($18mil+ & $52mil+). This type of stocks is not popular compare to financial or property stock so still remain at the bottom. But even if Tritech is in positive cash flow now it will still be in red like the other counters. For instance in 2009, it was a great yr for Tritech - profitable & gives dividend but still it was trading below IPO px.
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
hfjdhy
Member |
23-Aug-2015 19:48
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Not necessary one needs to hold or no holdings to buy or sell the stock. The very cold hard figures of the financial figures shows the business realities of companies. Terratech has no more meat to short. Their NAV as at 30 Jun 2015 as announced is only 2.3 cents per share. However, their CEO is still being paid S$35K a month, sucking the companies' funds, with no accountability of his business operations. However, Tritech Group has meat to short as their NAV is only 11.66 cents a share and the parent is saddled with S$25.5 million current loans with only S$17 million of cash available, it may go to below S$10 cents a share. This is coupled with 3 years of consecutive negative operating cash flows and the 1st qtr results still shows negative operating cash flows. Hard financial figures does not lie.
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
victortan
Elite |
23-Aug-2015 13:58
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
So are you selling ? Or is the counter a sell, before they go holland.LOL  
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||
|
nareshg
Member |
22-Aug-2015 14:00
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Thank-you sir for giving us this useful info!!!
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
hfjdhy
Member |
22-Aug-2015 12:45
|
|||||||||||||||||||||||||||||||||||||
|
x 1
x 0 Alert Admin |
Their subsiduary, Terratech Group Limited also did not fare well since its IPO in 30 July 2014 and from an offer price of 23 cents it was shot down to an illiquid stock trading at below 6 cents. (It was even branded by media as the worst performing IPO in 2014). The best part is after obtaining a proceeds of S$25 million from the IPO, they are now seeking new funds via a Terratech convertible loan just barely a year from its IPO. The question is does Terratech has 18 months from the time it was IPO in July 2015 until present, sufficient working capital?   |
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
hfjdhy
Member |
22-Aug-2015 07:32
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Please see below link to the Company' s announcement last year on the interest payments under the Convertible Bond Agreement under paragraph 3.1g http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast1stYear& F=AIR93L88VPKRTWDK& H=676fd74215a207705f9cd49343b5268fce0d1dbea2d1391f15f88c69ca672338& fileId=Tritech_CLA_Announcement.pdf    
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||
|
victortan
Elite |
22-Aug-2015 01:24
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
sorry i means below 11c.
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
victortan
Elite |
22-Aug-2015 01:22
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
can learn something from you, what do you means? Do you means shr px abv 11c, they need to top up the difference iis it?
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
victortan
Elite |
22-Aug-2015 01:21
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
true, look like it, always buying at 11c level, hope they push up the counter. so it need to hold abv  11c so need not pay dondholder is it? |
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
hfjdhy
Member |
21-Aug-2015 22:09
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Closed at 0.109. At this rate and with lousy Qtr 1 results, they will have to pay the 13 clowns (who are convertible bondholders) in cash if their share price drops below 11 cents come September 2015.
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||
|
golden_SGX
Master |
21-Aug-2015 13:26
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
somebody is really supporting 0.11 level !
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
treetops
Elite |
21-Aug-2015 09:15
Yells: "Moments Today, Memories Tomorrow!" |
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
In green zone. Still safe from red zone!
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
newbieliu
Elite |
21-Aug-2015 07:34
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
So optimisitc ah! Like it!
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
treetops
Elite |
21-Aug-2015 07:30
Yells: "Moments Today, Memories Tomorrow!" |
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Should be able to see some upside today! It's happy friday! | |||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
rayoflight
Veteran |
20-Aug-2015 18:10
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
firstly, tritech needs to improve their results.. making losses for so many qtrs already.. that day when they push to 130, got a big boss already ask to buy on friday..monday open 123 and went up to 130 everytime it goes up, too many sellers..then go back even lower coz pple force sell and give up Really need some solid coporate actions like big fund investments (already no news liao USD3billion).. say until so much, no update.. chee b*e |
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
golden_SGX
Master |
20-Aug-2015 17:40
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
0.11 is the most traded & also the closing px for this week ...
  if good mkt sentiments back, it will be push up.
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
rayoflight
Veteran |
20-Aug-2015 16:38
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
these few days accumulating at 109/110? but nobody want to push due to bad mkt sentiments |
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||
|
golden_SGX
Master |
20-Aug-2015 14:46
|
|||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
yes, Tritech website is outdated, the design format has not change for more than 8 yrs now ... But its going to change very soon !!! Only the news from the Engineering Group is not updated ... But other subsidiaries from the Water & Environmental Group and the Resource Group, their website are constantly being updated !!! Check it out.
|
|||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||

