TTJ Holdings

[Muck]

Wrote a piece on TTJ Holdings Ltd announcement.

http://tubinvesting.blogspot.sg/2016/07/...nancy.html

If you are able to pick out the right information, you will realise that:

1. The lease will only expire in Jan 2017.
2. For financial year 2016, its financials will not be affected.
3. The new lease for the new dormitory starts in April 2016 - Which meant 3 months of the revenue will be recorded in the revenue for the financials of 2016.

With the information above and the exceptional 3rd Quarter recorded, we can predict the revenue and net profit for Financial Year 2016 will most probably be much higher. Thus, this should be something to celebrate rather than sad.

<Vested>

http://tubinvesting.blogspot.sg/

For point 3, I believe the new dormitory contract starts AUG 2016 and not APR 2016.