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TTJ Financial Statements and Related Announcement : Third Quarter Results
For the three months ended 30 April 2016 ("Q3FY2016"), the Group recorded a revenue of $53.7 million, an increase of 262% as compared to $14.8 million for the previous corresponding period ("Q3FY2015"). The increase was mainly contributed by the structural steel business.
The Group's profitability improved with gross profit margin rising from 24.9% in Q3FY2015 to 33.8% in Q3FY2016. This healthy improvement was mainly due to an increase in margins derived from the projects secured and executed during the reporting period.
More details on :
http://infopub.sgx.com/FileOpen/TTJ%20Q3...eID=408110
Specuvestor: Asset - Business - Structure.
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07-06-2016, 09:09 PM
(This post was last modified: 07-06-2016, 09:15 PM by ksir.)
After paying about S$28M huge dividends and increase in about S$18M working capital mainly to support increase in revenue. It still manages to have S$65M in cash hoard.
This is very respectible!
Compared to the other company which just raised capital (issue rights), it again shows which business model makes more economic sense.
<vested>
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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NAV going back to pre-dividend level.
8 cents could not even make a dent. Hence not special dividend, lol
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(08-06-2016, 09:39 AM)smallcaps Wrote: NAV going back to pre-dividend level.
8 cents could not even make a dent. Hence not special dividend, lol
Lolx as much as i wish to believe that's the case, definitely 8cents is not sustainable.
Dorm unit is likely to be gone in another 3 Quarters.
Order books back to $60M+ level.
If they pay 2-4cents consistently, i am as happy as clam.
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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The dorm's not a big concern, IMO. Dun think TTJ is being valued based on its earnings. If no more dorm juz return the capital lor.
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Rock-solid 3Q result, which is also a pointer towards record full-year profits for FY16 (ending 31Jul16) - and possibly another 'jumbo' final dividend - to come.
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Now waiting to see if Mr Teo sends a signal...
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10-06-2016, 08:56 PM
(This post was last modified: 10-06-2016, 09:09 PM by brattzz.)
market agrees, 2 millions lots transacted from 29cts to 32cts+,
Boss Teo! hit us with 8 cts dividends again sir!
"As at 7 June 2016, T T J’s projects order book stood at $68 million which it expects to substantially
complete between FY2016 and FY2017. To date, the Group continues to experience a healthy level of
enquiries for a mix of public and private sector projects. Going forward, the Group will continue to
monitor its costs closely and enhance productivity to remain competitive."
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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The EPS (TTM), after the 9M report, is about 8.3 cents per share. I am expecting 1.6-1.7 cents dividend per share, with a flat coming 4Q performance and 20% payout ratio. It means about 5% @ 34 cents per share.
Of course, positive surprises are welcomed.
(vested)
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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