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???"83.5ctns now (at 09:03 14Oct09)"???? again, U COK TALKER!!! HAHAHA
| nickyng Elite |
Posted: 14-Oct-2009 09:03 Contact nickyng * Quote this Post! |
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still living in DENIAL ?? 83.5cts now...hee.. :D |
| nickyng Elite |
Posted: 09-Oct-2009 12:16 Contact nickyng * Quote this Post! |
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haha...nah...sideline on this burger...not interested especially when there's placement recently on construction sector some more... :D am here for TALKING COK sake ! :D |
still living in DENIAL ?? 83.5cts now...hee.. :D
velvetsally ( Date: 14-Oct-2009 08:57) Posted:
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Wah! It"s mean Tiong Woon will go up Soon
.
daphnecsf ( Date: 13-Oct-2009 23:52) Posted:
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CIMB-
http://info.sgx.com/webcorannc.nsf/vwprint_portal/6C461DA0769509404825764E0022E1C9?OpenDocument
Today is T+3 PURCHASE settlement for placement, after consolidation stage TWC will trend upside, PE of 6.x at $0.85x is very attractive price.
Adj FV After Placement:
Fair Value(adj.F): $1.13
PE: 6.04 Price: $0.85 Upside: 32.53%
TA for 12Oct09 closed $0.850 : Tiong Woon
EMA15: $0.856
EMA25: $0.836
EMA50: $0.758
Stochastic %K: 58.333
Williams'%R: -57.447
Ratios For Tiong Woon Corporation Holding Ltd
Market Capitalisation:
Market Cap ($ Millions): 281.88
Shares (Millions): 337.58
Per Share Data ($SGD):
Earnings: 0.13
Sales: 0.60
Book Value: 0.51
Cash Flow: --
Cash: 0.06
Valuation Ratios:
Price/Earnings: 6.66
Price/Sales: 1.39
Price/Book: 1.63
Price/Cash Flow: 4.39
Management Effectiveness (%):
Return on Equity - ROE: 27.66
Return on Assets - ROA: 12.62
Return on Investment - ROI: 17.72
Profitability Ratios (%):
Gross Margin: 37.32
Operating Margin: 26.70
Net Profit Margin: 20.97
reuters.com 11 Oct 2009
adj FV After Placement:
Fair Value(adj.F): $1.13
2010'(adj.F) PE ratio: 8.00
Shares/After Placement: 371,576,410
Profit(adj.F): $52,324,343.55
EPS(adj.F): $0.1408
From CIMB Aug'09:
Fair Value: $1.24
2010'(F) PE ratio: 8.00
Shares: 337,576,410
Profit(F): $52,324,343.55
EPS(F): $0.1550
PE and Price List:
PE: 8.0 Price: $1.13 Upside: 0%
PE: 7.95 Price: $1.12 Upside: 0.58%
PE: 7.88 Price: $1.11 Upside: 1.49%
PE: 7.81 Price: $1.10 Upside: 2.41%
PE: 7.74 Price: $1.09 Upside: 3.35%
PE: 7.67 Price: $1.08 Upside: 4.31%
PE: 7.60 Price: $1.07 Upside: 5.28%
PE: 7.53 Price: $1.06 Upside: 6.28%
PE: 7.46 Price: $1.05 Upside: 7.29%
PE: 7.39 Price: $1.04 Upside: 8.32%
PE: 7.31 Price: $1.03 Upside: 9.37%
PE: 7.24 Price: $1.02 Upside: 10.44%
PE: 7.17 Price: $1.01 Upside: 11.54%
PE: 7.10 Price: $1.00 Upside: 12.65%
PE: 7.03 Price: $0.99 Upside: 13.79%
PE: 6.96 Price: $0.98 Upside: 14.95%
PE: 6.89 Price: $0.97 Upside: 16.14%
PE: 6.82 Price: $0.96 Upside: 17.35%
PE: 6.75 Price: $0.95 Upside: 18.58%
PE: 6.68 Price: $0.94 Upside: 19.84%
PE: 6.60 Price: $0.93 Upside: 21.13%
PE: 6.53 Price: $0.92 Upside: 22.45%
PE: 6.46 Price: $0.91 Upside: 23.80%
PE: 6.39 Price: $0.90 Upside: 25.17%
PE: 6.32 Price: $0.89 Upside: 26.58%
PE: 6.25 Price: $0.88 Upside: 28.02%
PE: 6.18 Price: $0.87 Upside: 29.49%
PE: 6.11 Price: $0.86 Upside: 30.99%
PE: 6.04 Price: $0.85 Upside: 32.53%
PE: 5.97 Price: $0.84 Upside: 34.11%
PE: 5.89 Price: $0.83 Upside: 35.73%
Fair Value(adj.F): $1.13
2010'(adj.F) PE ratio: 8.00
Shares/After Placement: 371,576,410
Profit(adj.F): $52,324,343.55
EPS(adj.F): $0.1408
From CIMB Aug'09:
Fair Value: $1.24
2010'(F) PE ratio: 8.00
Shares: 337,576,410
Profit(F): $52,324,343.55
EPS(F): $0.1550
PE and Price List:
PE: 8.0 Price: $1.13 Upside: 0%
PE: 7.95 Price: $1.12 Upside: 0.58%
PE: 7.88 Price: $1.11 Upside: 1.49%
PE: 7.81 Price: $1.10 Upside: 2.41%
PE: 7.74 Price: $1.09 Upside: 3.35%
PE: 7.67 Price: $1.08 Upside: 4.31%
PE: 7.60 Price: $1.07 Upside: 5.28%
PE: 7.53 Price: $1.06 Upside: 6.28%
PE: 7.46 Price: $1.05 Upside: 7.29%
PE: 7.39 Price: $1.04 Upside: 8.32%
PE: 7.31 Price: $1.03 Upside: 9.37%
PE: 7.24 Price: $1.02 Upside: 10.44%
PE: 7.17 Price: $1.01 Upside: 11.54%
PE: 7.10 Price: $1.00 Upside: 12.65%
PE: 7.03 Price: $0.99 Upside: 13.79%
PE: 6.96 Price: $0.98 Upside: 14.95%
PE: 6.89 Price: $0.97 Upside: 16.14%
PE: 6.82 Price: $0.96 Upside: 17.35%
PE: 6.75 Price: $0.95 Upside: 18.58%
PE: 6.68 Price: $0.94 Upside: 19.84%
PE: 6.60 Price: $0.93 Upside: 21.13%
PE: 6.53 Price: $0.92 Upside: 22.45%
PE: 6.46 Price: $0.91 Upside: 23.80%
PE: 6.39 Price: $0.90 Upside: 25.17%
PE: 6.32 Price: $0.89 Upside: 26.58%
PE: 6.25 Price: $0.88 Upside: 28.02%
PE: 6.18 Price: $0.87 Upside: 29.49%
PE: 6.11 Price: $0.86 Upside: 30.99%
PE: 6.04 Price: $0.85 Upside: 32.53%
PE: 5.97 Price: $0.84 Upside: 34.11%
PE: 5.89 Price: $0.83 Upside: 35.73%
AmFraser Securities 8 Oct 2009
2010(F): Tiong Woon Corporation Holdings - Placement of New Shares
BUY (Maintained)
Fair Value (F) $1.06
PE(F): 8.56
Revenue(F): $201,634,000.00
Net Profit(F): $46,597,000.00
EPS(F): $0.1239
List:
PE: 8.56 Price: $1.06 Upside: 0.00%
PE: 8.47 Price: $1.05 Upside: 0.95%
PE: 8.39 Price: $1.04 Upside: 1.92%
PE: 8.31 Price: $1.03 Upside: 2.91%
PE: 8.23 Price: $1.02 Upside: 3.92%
PE: 8.15 Price: $1.01 Upside: 4.95%
PE: 8.07 Price: $1.00 Upside: 6.00%
PE: 7.99 Price: $0.99 Upside: 7.07%
PE: 7.91 Price: $0.98 Upside: 8.16%
PE: 7.83 Price: $0.97 Upside: 9.28%
PE: 7.75 Price: $0.96 Upside: 10.42%
PE: 7.67 Price: $0.95 Upside: 11.58%
PE: 7.59 Price: $0.94 Upside: 12.77%
PE: 7.51 Price: $0.93 Upside: 13.98%
PE: 7.43 Price: $0.92 Upside: 15.22%
PE: 7.34 Price: $0.91 Upside: 16.48%
PE: 7.26 Price: $0.90 Upside: 17.78%
PE: 7.18 Price: $0.89 Upside: 19.10%
PE: 7.10 Price: $0.88 Upside: 20.45%
PE: 7.02 Price: $0.87 Upside: 21.84%
PE: 6.94 Price: $0.86 Upside: 23.26%
PE: 6.86 Price: $0.85 Upside: 24.71%
PE: 6.78 Price: $0.84 Upside: 26.19%
PE: 6.70 Price: $0.83 Upside: 27.71%
2010(F): Tiong Woon Corporation Holdings - Placement of New Shares
BUY (Maintained)
Fair Value (F) $1.06
PE(F): 8.56
Revenue(F): $201,634,000.00
Net Profit(F): $46,597,000.00
EPS(F): $0.1239
List:
PE: 8.56 Price: $1.06 Upside: 0.00%
PE: 8.47 Price: $1.05 Upside: 0.95%
PE: 8.39 Price: $1.04 Upside: 1.92%
PE: 8.31 Price: $1.03 Upside: 2.91%
PE: 8.23 Price: $1.02 Upside: 3.92%
PE: 8.15 Price: $1.01 Upside: 4.95%
PE: 8.07 Price: $1.00 Upside: 6.00%
PE: 7.99 Price: $0.99 Upside: 7.07%
PE: 7.91 Price: $0.98 Upside: 8.16%
PE: 7.83 Price: $0.97 Upside: 9.28%
PE: 7.75 Price: $0.96 Upside: 10.42%
PE: 7.67 Price: $0.95 Upside: 11.58%
PE: 7.59 Price: $0.94 Upside: 12.77%
PE: 7.51 Price: $0.93 Upside: 13.98%
PE: 7.43 Price: $0.92 Upside: 15.22%
PE: 7.34 Price: $0.91 Upside: 16.48%
PE: 7.26 Price: $0.90 Upside: 17.78%
PE: 7.18 Price: $0.89 Upside: 19.10%
PE: 7.10 Price: $0.88 Upside: 20.45%
PE: 7.02 Price: $0.87 Upside: 21.84%
PE: 6.94 Price: $0.86 Upside: 23.26%
PE: 6.86 Price: $0.85 Upside: 24.71%
PE: 6.78 Price: $0.84 Upside: 26.19%
PE: 6.70 Price: $0.83 Upside: 27.71%
haha...nah...sideline on this burger...not interested especially when there's placement recently on construction sector some more... :D am here for TALKING COK sake ! :D
daphnecsf ( Date: 09-Oct-2009 12:10) Posted:
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: )
I think the est. prices and PE are rational, its close to most of the research reports.
err...TALKING DOWN TWC?
nickyng ( Date: 09-Oct-2009 11:29) Posted:
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ahh....TALKING UP this burger huh? :P
yipyip ( Date: 09-Oct-2009 10:08) Posted:
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The price at $0.88 still a good PE level!
Price:$0.83 PE:5.77*
Price:$0.84 PE:5.84*
Price:$0.85 PE:5.91*
Price:$0.86 PE:5.98*
Price:$0.87 PE:6.05*
Price:$0.88 PE:6.12*
Price:$0.89 PE:6.19*
Price:$0.88 PE:6.26*
*EPS(F)=14.38cents
hee...83.5cts now..going to fall even below its 83cts placement price soon! :P
Tiong Woon - Buoyant O&G industry
+ FV reduced to S$1.06 to reflect dilution but maintain BUY.
We feel that the placement itself is not enough of a catalyst for us to adjust our
profit forecasts. Hence, assuming the placement is fully subscribed, the EPS will be
diluted which reduces our FV to $1.06. This is still 21% above the last close price
of 87.5 SG cents and we reiterate our BUY recommendation.
+ Buoyant O&G industry.
With confidence returning that the worst of the economic crisis is behind us,
more O&G projects are being finalised. Hence, we are quite optimistic that the
Company will have a lot of opportunities in the regions that they are strong in.
+ Usage of funds.
Tiong Woon has stated that 50% of the proceeds will be used for acquiring heavy
lifting equipment and the remainder is for general working capital. With their
gearing at 0.79 as at 30 Jun 09, we feel the Management is being prudent by raising
some cash through equity for further expansion rather than piling on further debt.
The fact that their share price has recovered to a historical PE of 7x certainly made
the move more attractive.
AmFraser Securities 8Oct'09
NOTICE OF A SUBSTANTIAL SHAREHOLDER'S INTEREST *
>> PART I
1. Date of notice to issuer * 08-10-2009
2. Name of Substantial Shareholder * CIMB-GK Securities Pte. Ltd.
3. Please tick one or more appropriate box(es): *
Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]
>> PART II
1. Date of change of Interest 08-10-2009
2. Name of Registered Holder CIMB-GK Securities Pte. Ltd.
3. Circumstance(s) giving rise to the interest or change in interest # Others
# Please specify details The substantial shareholding interest of CIMB-GK Securities Pte. Ltd. ("CIMB-GK")
arose from the borrowing of 34,000,000 ordinary shares in the capital of Tiong Woon Corporation Holding Ltd
(the "Company") by CIMB-GK pursuant to a securities lending agreement dated 7 October 2009 entered into
between CIMB-GK and Ang Choo Kim & Sons (Pte) Limited, a substantial shareholder of the Company.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change 0
As a percentage of issued share capital 0 %
No. of Shares which are subject of this notice 34000000
As a percentage of issued share capital 10.07 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Shares held after the change 34000000
As a percentage of issued share capital 10.07 %
www.sgx.com
Opps..."dont you are not DAY DREAMING though" too. HAHAHA
| nickyng Elite |
Posted: 05-Oct-2009 12:30 Contact nickyng * Quote this Post! |
| x 0 x 0 * Alert Admin |
at 75.5 now..dun worry..it will go to 69cts level :D |
err...dont you are not DAY DREAMING though.....gd luck ! :D
yipyip ( Date: 08-Oct-2009 15:52) Posted:
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On 16Jul09 Midas (FA very solid) was on placement, thier price upside +7.95%** to $0.815 on 17Jul'09,
Hope TWC will up above +5%, say like closed $0.875 ($0.83 x +5%).
17Jul09: Midas Price Closed: $0.815**
16Jul09: Midas Price Closed: $0.82 / Trading halt
- Placement of 120 million new ordinary shares (the “Placement Shares”),
representing 14.2% of the existing share capital of the Company,
at the price of S$0.755** per share.