Triyards    Last:0.084   -

Mid to long term - should be good.

Questions need to be answered.........   www.whenthemaskscameoff.com

investor7      ( Date: 08-Jun-2016 12:03) Posted: Triyards has little debt, strong balance sheet, cashflow, been paying dividends around 1.3 cts. Assets S$0.9458, with huge capacity of waterfronting yards and workshops.  1 workshop (2852 sqm) + 1 yard (11068 sqm) in Singapore, 1 yard (60386 sqm) in Houston USA, 3 yards in Vietnam (Ho Chi Minh City 100000 sqm, Vung Tau 134000 sqm, Vung Tau 115310 sqm with 505 m water frontage).

 

You really think so??

moron101      ( Date: 08-Jul-2016 09:30) Posted: Very good results announced..

 

Very good results announced..

 

Golden Cross formed on the daily chart since yesterday' s gap up at opening and strong closing. Buying continues. Now 41.5 cts. 

 

Continue to move up today! steady..... steady.....above 40 cts.   hit 40.5 cts with higher volume! 

 

Triyards has little debt, strong balance sheet, cashflow, been paying dividends around 1.3 cts.

Assets S$0.9458, with huge capacity of waterfronting yards and workshops.  1 workshop (2852 sqm) + 1 yard (11068 sqm) in Singapore, 1 yard (60386 sqm) in Houston USA, 3 yards in Vietnam (Ho Chi Minh City 100000 sqm, Vung Tau 134000 sqm, Vung Tau 115310 sqm with 505 m water frontage).  

 

Triyards hit 40 cts just now with higher volume. If it can continue to hold above 40 cts for the next few days, means there' s confidence. Actually I think the worst is over for all the O& G stocks KepCorp, Ezion, Triyards, etc... all their charts show a bottom formation, just like the oil charts. 

 

Lol.... i hv no problem for it to stay put at 0.4x... but when it did go down to 0.37... i really felt very sianz.

Let' s hope for the best for this counter!

investor7      ( Date: 08-Jun-2016 10:30) Posted: Hi Just, I also bought this stock last year at 44 cts, when it was recommended by options guru Daniel Loh during one of his talks. It went up after a while, but went down (not too much) when oil collapsed below $50, to $27? a very unexpected event. But Triyards price has been hovering around 40 cts region, not volatile, and so I continued to hold until now.

 

Hi Just, I also bought this stock last year at 44 cts, when it was recommended by options guru Daniel Loh during one of his talks. It went up after a while, but went down (not too much) when oil collapsed below $50, to $27? a very unexpected event. But Triyards price has been hovering around 40 cts region, not volatile, and so I continued to hold until now. 

 

Let' s be patient. Good stocks will eventually have their day in the sun!   :)   When more people discover Triyards is progressive and forward-looking, and has strong balance sheet. and it has been giving out dividends.

A few days ago on 3 June, it announced the setting up of a wholly-owned subsidiary Triyards Fabrication Services Lte Ltd in Singapore with a paid-up capital of $2. The key business is in repairing and building of ships, tankers, ocean going vessels. This is another strategic move, after venturing into windpower, to widen its scope of business, diversifying from offshore rigs & liftboats.

 

 

Me too... holding for a while and still below my buy price.

Highly recommended by some broking firms , and my broker personally recommended this counter too

Maybe investors hv not much confidence because this co is assocaiated with Ezra n EMAS ?

But Ezra today chiong leh.. so hopefully this counter will follow suit..

investor7      ( Date: 08-Jun-2016 09:45) Posted: agree, undervalued for so long. I waited and waited in this counter, it' s been very quiet here. hahaha  With oil moving up to $50 level and steadying, hopefully oil can scale up to $55, then $60. Then the outlook will brighten up for businesses such as Triyards. Still hv lot of contracts in its order book, and it has been diversifying from O& G to windpower, which is a good move. Bright prospects.

 

agree, undervalued for so long. I waited and waited in this counter, it' s been very quiet here. hahaha 

With oil moving up to $50 level and steadying, hopefully oil can scale up to $55, then $60. Then the outlook will brighten up for businesses such as Triyards. Still hv lot of contracts in its order book, and it has been diversifying from O& G to windpower, which is a good move. Bright prospects.    

 

Finally... the counter is undervalue !

investor7      ( Date: 08-Jun-2016 09:34) Posted: Moving up. now 39.5 cts!   OCBC - BUY call, target 61 cts (published 11/4/2016),   RHB - also BUY call 94 cts on 13/1/2016.

 

Moving up. now 39.5 cts!   OCBC - BUY call, target 61 cts (published 11/4/2016),   RHB - also BUY call 94 cts on 13/1/2016.  

 

 

Today closed at 38.5 cts. EPS US$0.0837, Price to Earnings Ratio is only 3.3X, book value 94.58 cts, dividends yild 2.5%.

 

 

BUSINESS TIMES

APR 10, 20168:06 PM

 

Remember Triyards is majority owned by EZRA whose financials are due out soon.

ehclim      ( Date: 11-Apr-2016 09:19) Posted: Yes, this counter has solid balance sheet. They won another contract worth &euro 44 million (S$67.7 million) on today BT news. The new contract with Rederij Doeksen (Royal Doeksen) for the construction of two Liquefied Natural Gas (LNG)-powered aluminium catamarans. The shares has very low trading volume and the p Just4win      ( Date: 11-Apr-2016 09:05) Posted: Anyone vested this counter?

 

Triyards clinches $17.8m in new orders

APRIL 7TH, 2016    JASON JIANG  ASIA,  OFFSHORE,  SHIPYARDS1 COMMENTS

Singapore&rsquo s Triyards Holdings has announced that it has secured $17.8m worth of new orders whilst strengthening its foothold in the renewable energy sector.

The new orders include three wind farm support vessels, which are secured from new customers, and a luxury river cruise vessel.

&ldquo These contracts are the result of our conscientious efforts to diversify our client base and product offering. In addition, the wind farm vessel orders attest to our growing standing in the renewable energy market,&rdquo said Chan Eng Yew, ceo of Triyards.

&ldquo We will continue to establish a greater foothold in this sector as well as seek opportunities in addition to those in a traditional market,&rdquo he added.

Triyards reported a net profit of $5.3m and 15% higher revenues at $70.5m for the second quarter of 2016.

We are confident that our versatile capabilities will enable us to stay resilient in this difficult operating environment. Our focus remains on delivering on our orderbook and executing on our successful diversification strategy,&rdquo Chan said.

 

I am still holding some EZRA shares... at a loss 

ehclim      ( Date: 11-Apr-2016 09:59) Posted: But their parent company Ezra is more active. Buy Ezra as proxy to Triyards. Just4win      ( Date: 11-Apr-2016 09:45) Posted: Yalor, trading vol very low.   Maybe this is the reason BBs are not here to chiong the share price.

 

But their parent company Ezra is more active. Buy Ezra as proxy to Triyards.

Just4win      ( Date: 11-Apr-2016 09:45) Posted: Yalor, trading vol very low.   Maybe this is the reason BBs are not here to chiong the share price.   ehclim      ( Date: 11-Apr-2016 09:22) Posted: The share has very low trading volume and the share prices surge very fast if there is good news. TP is 61cents.