Post Reply
141-160 of 355
big brother Tat Hong not moving but
this younger brother moving up on
high volumn. something good on the
way.
| * Asterisks denote mandatory information |
| " DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement." |
| Name of Announcer * |
TIONG WOON CORP HOLDING LTD |
| Company Registration No. |
199705837C |
| Announcement submitted on behalf of |
TIONG WOON CORP HOLDING LTD |
| Announcement is submitted with respect to * |
TIONG WOON CORP HOLDING LTD |
| Announcement is submitted by * |
Joanna Lim Lan Sim |
| Designation * |
Company Secretary |
| Date & Time of Broadcast |
29-Dec-2011 17:18:45 |
| Announcement No. |
00040 |
| The details of the announcement start here ... |
| Announcement Title * |
PRESS RELEASE: TIONG WOON PROPOSES ONE-FOR-FOUR RIGHTS ISSUE AT S$0.11 PER RIGHTS SHARE |
| Attachments |
Total size = 36K
(2048K size limit recommended)
|
Bon3260 ( Date: 23-Dec-2009 13:11) Posted:
|
If Tiongwoon 0.40 I'll buy...
buy Coffin 4 myself... : (
Livermore ( Date: 23-Dec-2009 12:47) Posted:
| No fear. It is not easy to get the "perfect price". Also making money is not about getting the "perfect price" |
|
|
|
Tiong Woon Corporation Holding Ltd announced that it had inked a contract for heavy lifting and installation works with leading global engineering company JGC Corporation at a Singapore refinery project related to an oil major. The exact contract amount cannot be specified for competitive reasons.http://sgsharemarket.com/home/2011/10/singapore-company-highlights-10102011/?=TiongWoon
Tiong Woon Corporation Holding Ltd announced that
Hoasen Marine Pte Ltd has issued a writ of summons numbered DC Suit No:
2139/2011/X against Tiong Woon Oasis Pte. Ltd, a subsidiary of the
Company, in the Subordinate Courts of Singapore.
http://sgsharemarket.com/home/2011/07/singapore-company-highlights-25072011/?=TiongWoon
Tiong Woon Corporation Holding Ltd announce that SMIE Singapore Pte Ltd has issued a writ of summons numbered Suit No. 3513 of 2011/D against Soon Douglas (Pte) Ltd a wholly-owned subsidiary of the Company, in the High Court of Singapore. SMIE is seeking payment of at least S$48,865.62 for loss and damages it suffered as a result of SD's breach of certain terms in a contract entered into between SMIE and SD for rental of 1 unit of SMIE's Anti Collision system to SD on a monthly rental basis, and its component of claims encompassing damages to be assessed, interest, costs and any other relief as the Honourable Court deems fit. The Anti Collision system was damaged/destroyed due to an accident occurred at the work site.
| Tiong Woon’s half-year revenue falls to $1.8m |
|
|
|
| WRITTEN BY THE EDGE |
| MONDAY, 14 FEBRUARY 2011 17:24 |
Tiong Woon Corporation Holding says it turned in profit after tax attributable to equity holders of $1.8 million for the six months ended 31 December 2010 from $11.6 million in the previous corresponding period due to lower turnover and higher depreciation charges. Turnover fell to $54.7 million from $82.3 million mainly due to lower contributions from its Heavy Lift and Haulage, Fabrication and Engineering and Trading segments.
|
Tiong Woon Corporation - 1Q11 results - Recovery earliest in 3Q11
Below; maintain Underperform. 1Q11 net profit of S$1.3m (-78% yoy) came in below
our estimate and consensus, forming 8% of our FY11 forecast. Weaker-than-expected
turnover and margins were to be blamed for the underperformance. In view of continuing
weakness in its operating environment, we have reduced our FY11-13 net profit
estimates by 25-55%. Our target price hence dips to S$0.32 (from S$0.37), still based on
7.2x P/E (10% discount to its mid-cycle multiple of 8x) as we roll over to CY12 valuation.
We continue to see de-rating catalysts from weak Singapore operations.
Turnover beneath expectations, as revenue from all business segments fell yoy in
1Q11. Though such declines were expected, the extent of which came as a surprise.
The lack of integrated haulage and marine projects resulted in 21% and 8% yoy dips in
revenue from its heavy lift & haulage and marine transport segments to S$23.1m and
S$2.7m respectively. The fabrication and engineering segment was the hardest hit in the
quarter, posting a 79% yoy decline in sales to S$2.0m, while revenue from the
traditionally volatile trading business fell 65% yoy to S$1.0m. Gross margin fell 1.9% pts
qoq to 25.6% (-9.2% pts yoy) due to higher depreciation costs from the addition of new
equipment and the weak utilisation rate.
Healthier balance sheet the positive. The good news came from the full payment
received for the derrick pipe-lay barge project in 1Q11, which reduced its receivables by
S$70m (-59% qoq) while lifting its cash balance to S$66.6m (74% qoq). The collection
allowed TWC to settle the revolving credits drawn for financing the derrick pipe-lay
barge, resulting in a 21% qoq reduction in total borrowings to S$108.4m. Net gearing fell
from 44% in 4Q10 to 19% in 1Q11 as a result.
Recovery earliest in 3QFY11. With earnings momentum remaining weak in recent
quarters and the outlook still looking challenging, we believe that recovery is unlikely to
kick in during 2QFY11. We expect to see a more meaningful improvement in its
numbers starting from 3QFY11, with this expectation hinged upon a pick-up in its
tiong woon big brother tat hong also went up...very nice up trend for the past few days..maybe go news for construction industry..
perhaps due to good market sentiments ba
Hi
Does anyone know why there is a surge of volume for this counter yesterday? Any news ?
Thank you
Any rebound to 39 cents is an opportunity to sell .
Bintang ( Date: 25-May-2010 19:09) Posted:
After Tiongwoon has completed its rebounce in April 2010 at 59.5 cents , n also touching the upper trendline of the downward channel , it came down all the way to reach the lower trendline of the same channel today , broke down today n closed at36.5 cents . If it cannot rebound back to reverse the down trend , it may go down to 21 cents technically .
Bintang ( Date: 05-Feb-2010 09:46) Posted:
| Tiongwoon has also achieved the downside target at 50 cents |
|
|
|
After Tiongwoon has completed its rebounce in April 2010 at 59.5 cents , n also touching the upper trendline of the downward channel , it came down all the way to reach the lower trendline of the same channel today , broke down today n closed at36.5 cents . If it cannot rebound back to reverse the down trend , it may go down to 21 cents technically .
Bintang ( Date: 05-Feb-2010 09:46) Posted:
Tiongwoon has also achieved the downside target at 50 cents .
Bintang ( Date: 04-Feb-2010 22:13) Posted:
|
After Tiongwoon has completed the rebounce at 68 cents , it came down very fast to 51.5 cents today almost non stop . And unfortunately , it broke the 200MA without any rebounce , it is going further down to 50 cents very likely . |
|
|
|
Tiong Woon hovering around its 200MA, has relatively good support at about 0.525, a good counter to look out for.
Cheers.
finally turn green in portfolio. From chart looks like having a good break out trying to hit above 100dma. Hopefully $0.60 most likely to be seen next week.
A long forgotten counter with a very good prospects for the next few years.
have been observing this counter which is similar with rotary movement. tiong woon after a spike to 0.565 last few days, it has dropped and trade between 0.54 - 0.55 movement. previously rotary also spikes to 1.01/1.02, and then drops and trade betwwen 0.995/0.99.. after this drop and consolidation, Rotary went up to 1.4-1.06 and then consolidates again.. maybe next few days, tiong woon will trade between 0.57-0.585 and consolidates again for future erection again.. any TA analysis are to share his sentiments on this counter?
I still went in buy more. now avg at $0.56. The company holds some very good projects from my view. Think is a good time to buy more even now. If the market corrects more, most likely can even go to $0.40++ range or lower. Good thing is they haven issue new shares yet so means they still got money... hahaha...
Dont forget the march lows was less than $0.15. Imagine u bought at $1.00++ must be able to tahan the kind of drop. I will most likely be keeping it and hope the march lows wont come back so soon. :)
Cheers.
Hi Victorf Bro and Tiong Woon Supporters,
Any comments on Tiong Woon after company has announced its 2010's 1st half fianical report? Still buy on dip? Apparently, EPS has dropped 50% when compared to 2009. Is it still attractive to accumulate since prices has dipped to $0.5 since placement shares is priced at $0.83? Is the declining EPS an turn off unless they are awarded big value contracts delivery which will increase its 2010 finanical? However it is only 6 months from Aug and as you know, enginnering projects take at least 12-24 months to deliver.
victorf ( Date: 11-Jan-2010 15:23) Posted:
| still call for buy on dip....good luck :) |
|
............( - -)( - -) ............now.........
Date & Time of Broadcast 07-Oct-2009 16:29:05
PROPOSED PLACEMENT OF UP TO 34,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF
TIONG WOON CORPORATION HOLDING LTD (THE "PLACEMENT")
1. Introduction
The board of directors of Tiong Woon Corporation Holding Ltd (the "Company") wishes to
announce that the Company has today entered into a placement agreement (the "Placement
Agreement") with CIMB-GK Securities Pte. Ltd. ("CIMB-GK" or the "Placement Agent")
pursuant to which the Company has agreed to issue up to 34,000,000 new ordinary shares in the
capital of the Company (the "Placement Shares") and CIMB-GK has agreed to use its best
efforts to procure the subscription and payment for the Placement Shares, at an issue price of
S$0.830 per Placement Share (the "Issue Price"), amounting to an aggregate consideration of
up to approximately S$28.2 million, and on the terms and conditions of the Placement
Agreement.
tradersgx ( Date: 08-Feb-2010 15:33) Posted:
( - -) (- - )...........................0.485 now...............
|
|
( - -) (- - )...........................0.485 now...............
Tiongwoon has also achieved the downside target at 50 cents .
Bintang ( Date: 04-Feb-2010 22:13) Posted:
|
After Tiongwoon has completed the rebounce at 68 cents , it came down very fast to 51.5 cents today almost non stop . And unfortunately , it broke the 200MA without any rebounce , it is going further down to 50 cents very likely .
Bintang ( Date: 21-Dec-2009 20:58) Posted:
|
The 100MA cut 55MA above the share price may confirm the rebounce of Tiongwoon has ended . Today it went down further to 61.5 cents . Tiongwoon may face more resistance in the future because it has gone below all the moving averages . Directional movement index is still negatively placed , ADX is rising which means the downtrend is getting stronger . |
|
|
|
