math_of_money
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
TTJ Holdings
06-10-2017, 01:25 PM,
Post: #541
RE: TTJ Holdings
Date book order
5-Sep-17 million SGD 152
26-Sep-16 million SGD 48
15-Oct-15 million SGD 130
20-Oct-14 million SGD 119
21-Oct-13 million SGD 151
17-Oct-12 million SGD 162
19-Oct-11 million SGD 181
29-Sep-10 million SGD 110

book order in same range as 2013

Find Reply
06-10-2017, 01:47 PM,
Post: #542
RE: TTJ Holdings
also need to look at the profit margins... Smile
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! 

Find Reply
01-11-2017, 07:22 PM,
Post: #543
RE: TTJ Holdings
In a surprise move, TTJ announced its intention to enter the business of constructing and operating waste management facilities, such as waste-to-energy plants.

http://infopub.sgx.com/FileOpen/TTJ%20-%...eID=476436

In order to finance this new business, TTJ plans to utilize its $82m cash pile. The smallest plant costs about $50m. Depending on the size of the plant they wish to construct, TTJ may use all of its cash and then borrow more. Since the boss owns 72.9% of the company -- making this a done deal -- I guess shareholders hoping for a big dividend from the cash pile can only rebuke the management at the AGM.

It will be another 3-4 years before we see the returns generated from their new business.

Find Reply
03-11-2017, 06:27 PM, (This post was last modified: 03-11-2017, 07:08 PM by brattzz.)
Post: #544
RE: TTJ Holdings
i say, go for it! Big Grin Big Grin

about time TTJ looks for another source of revenue! WTE plant what-nots, very exciting days ahead!! Big Grin Big Grin

http://www.nea.gov.sg/energy-waste/waste...ion-plants

http://www.channelnewsasia.com/news/busi...la-8242794

https://d2oc0ihd6a5bt.cloudfront.net/wp-...gapore.pdf

Tongue
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! 

Find Reply
04-11-2017, 09:34 PM,
Post: #545
RE: TTJ Holdings
(12-03-2016, 09:46 PM)smallcaps Wrote: Dun think its to receive dividend. Transfer to nominee account assumed its to borrow money. No need to borrow already then shift back to own CDP.

What's interesting is how come Mr Teo is not transferring all the shares out from CIMB after receiving the 8 cents dividend. Still got 50 mil shares not transferred out...

Is this the reason? Loan out money for waste management investment...

http://infopub.sgx.com/FileOpen/TTJ-Prop...leID=33054

2.7 Background on the Interested Prospective Partner

2.7.1 Mr Elavarasu Somasundaram, the current Chief Operating Officer of the Company (“COO”) is a shareholder and director of a prospective partner which the Group is currently in discussion with (the “ Interested Prospective Partner”). It is through Mr Elavarasu Somasundaram that the Company came to know of the Interested Prospective Partner, as Mr Elavarasu Somasundaram had been previously acquainted with the parties in the Interested Prospective Partner and therefore came to know of their waste management business (the “Business”). As Mr Elavarasu Somasundaram felt confident of the prospects of the Business, he sought the fi nancial support of Mr Teo Hock Chwee, the founder, Chairman and Managing Director of the Company, to make an investment in the Business. Mr Teo, in his personal capacity, subsequently provided a loan to Mr Elavarasu Somasundaram (the “Loan”). Mr Elavarasu Somasundaram then made an investment in the Business in 2015 and subsequently formally became a shareholder of the Interested Prospective Partner in 2016. 

Find Reply
04-11-2017, 10:38 PM,
Post: #546
RE: TTJ Holdings
It seems that Mr Teo already has in mind a JV partner for this new business.

I'm curious to know who this partner is, and what they plan to do. Perhaps a smaller player in waste management with technical knowledge but lacking in financial strength to build a WTE plant.

Find Reply
05-11-2017, 12:51 PM,
Post: #547
RE: TTJ Holdings
yes! to go all-in 82millions cash pile with estimate for rights issue, we are looking at below 200milos capex?
where are they going to build this WTE plant? Big Grin
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! 

Find Reply
26-11-2017, 10:11 PM, (This post was last modified: 26-11-2017, 10:12 PM by brattzz.)
Post: #548
RE: TTJ Holdings
Structural steel specialist secures new contracts bringing total
order book to $170 million
SINGAPORE – 24 November 2017 – T T J Holdings Limited (“T T J” or together with its subsidiaries, the
“Group”) today announced it has secured a series of new contracts, boosting its latest total order book
from $152 million recorded on 25 September 2017 to $170 million today.

....

Looking ahead, ample opportunities, especially from public
infrastructure construction, continue to exist in the market and we hope to sustain this momentum in
our order book building.”
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! 

Find Reply
30-11-2017, 09:28 PM, (This post was last modified: 30-11-2017, 09:28 PM by brattzz.)
Post: #549
RE: TTJ Holdings
anyone attended the AGM/EGM? Big Grin can you spare an update? I was unable to attend it this year... Big Grin
Thank you in advance! Tongue
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! 

Find Reply


Forum Jump:


Users browsing this thread: 5 Guest(s)
Valuebuddies.com | Return to Top | | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com |