| Latest Forum Topics / Tat Hong |
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Tat Hong Growing to a Global Player
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SuperMonkey
Senior |
11-Sep-2013 19:34
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haha if the next few quarters results result to normal , then the analyst will say " Excellent set of results from Tat Hong, with Australia thriving under the new PM  Abott and China economy gaining momentum and with the impending profit from the one off sale of parcel of land, company successful hive significant costs by restructuring it's operation and shifting some operation to Johore, we recommend a buy with a TP of $1.50."   hahahaha |
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Blanchard
Master |
11-Sep-2013 18:45
Yells: "Winners cry..... Losers smile....." |
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Agreed that Tat Hong is one of the gems at an attractive price.
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SuperMonkey
Senior |
11-Sep-2013 17:28
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I like the way the management tries to  solve the problems. They are selling the piece of land at  11 GUL street for $33 million.. They bought the land in 1981, so I think the profit will be around 25 million?? Then with Australia new PM and restructuring of operation by shifting to Johor and thus cutting costs , plus lately China has shown some improvement in it's economy. Think this is a GEM which will go back to $1.20 and above in half's a year time... |
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happyboy588
Senior |
09-Sep-2013 11:10
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seems like filling the gap now ,  will soon break $1....  | ||||
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Blanchard
Master |
08-Sep-2013 00:12
Yells: "Winners cry..... Losers smile....." |
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  |
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Blanchard
Master |
05-Sep-2013 15:54
Yells: "Winners cry..... Losers smile....." |
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Australia's foreign aid to be slashed to pay for infrastructure projects under Australia's likely next government..... http://www.channelnewsasia.com/news/asiapacific/australia-s-foreign-aid/802994.html   |
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Blanchard
Master |
04-Sep-2013 15:50
Yells: "Winners cry..... Losers smile....." |
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  Also, may the outcome of the Australian federal election this Sat be  favourable to the future of projects in the oil & gas sectors in Australia which may benefit Tat Hong. http://maplecroft.com/portfolio/new-analysis/2013/08/23/australia-pre-election-monitor-liberal-national-coalition-expected-win-result-critical-energy-and-mining-sectors/ |
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guoyanyunyan
Supreme |
04-Sep-2013 13:30
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Tat Hong is pleased to advised that it is embarking on a programme to consolidate and optimise its Singapore operations and has secured a 22-year lease from JTC for a 16,100m2 plot of industrial land at Tuas South Street 10. The consolidation of operations will free up one of its lease-hold properties, at 11 Gul Crescent, which the Group intends to divest through a public tender. The Group currently also operates out of five other sites in the western part of Singapore. However, with the growth of its crane rental and distribution businesses, the current facilities are not sufficient to serve the Group?s needs effectively as most of the sites are small in size and have short remaining leases of between 2 and 11 years which make planning for future use difficult. For better operating efficiency, the Group will be consolidating its operations in the Tuas area. In addition, the Group also plans to move some of its less time-sensitive operations to Johor where land and operating costs are lower. The site at 11 Gul Crescent was acquired in 1981 with a 30+30-year lease and comprises 29,384.5m2 land with two single-storey high-clearance buildings and an ancillary office space. Depending on the final sale price and the completion date, the Group is expected to recognise a gain on the divestment of 11 Gul Crescent in the financial year ending 31 March 2014. ...last: $0.91... |
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Solidsnake
Member |
04-Sep-2013 12:48
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Coming up? | ||||
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Blanchard
Master |
28-Aug-2013 21:49
Yells: "Winners cry..... Losers smile....." |
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ESTABLISHMENT OF JOINT VENTURE TO UNDERTAKE BUSINESS IN MYANMAR http://tathong.listedcompany.com/newsroom/20130828_182350_T03_282598B875D1AFC348257BD500380FA2.1.pdf
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derekchong
Master |
21-Aug-2013 20:43
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the last time Tat Hong at this price $0.86 was on 01/03/2012 | ||||
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Bintang
Elite |
21-Aug-2013 10:56
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Wait for 78c , now is 89c .
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Blanchard
Master |
19-Aug-2013 13:11
Yells: "Winners cry..... Losers smile....." |
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Business Times dated 19 Aug 13 reported that executive director Michael Ng and   CEO & managing director Roland Ng purchased a combined 4.338 million shares from 14 to 15 Aug 13 at an average of 93.3 cents each. Looking ahead, our nation big moves in new infrastructure developments shall benefit Tat Hong. |
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Bintang
Elite |
17-Aug-2013 17:08
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It would close finally
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Solidsnake
Member |
17-Aug-2013 15:22
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This is a strange one. $0.905 should be a good price to trade. | ||||
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guoyanyunyan
Supreme |
16-Aug-2013 10:48
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...for JB Foods... the gap in Jan closed this week....     ...interesting to know will this $0.78 gap (Dec '11) close...?...
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Solidsnake
Member |
16-Aug-2013 10:33
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just bought at $0.905 to tikam. | ||||
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mb7269
Senior |
15-Aug-2013 14:04
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it will recover in the coming days, not to worry!  may be not to $1 level yet but will get there before year end.  |
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Blanchard
Master |
15-Aug-2013 13:48
Yells: "Winners cry..... Losers smile....." |
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Tat Hong's net profit in the first quarter ended 30 Jun fell 51% to $8.2 million from $16.7 million a year ago, mainly due to an economic slowdown in Australia affecting its equipment distribution business. TAT Hong's shares plunged 15% yesterday after the poor first-quarter results. At market close, it  was trading at a one-year low of 93 cents, down 16 cents from $1.09 the previous day. NAV is $1.05. Would Tat Hong's shares rise after the Australian federal election on 7 Sep 13? Perhaps the Australian economic activities could improve after the election? |
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Bintang
Elite |
14-Aug-2013 09:30
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Another gap at 78 cents
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