Tiong Woon Corp

[dydx]

1H-FY21 (ended 31Dec20) results..
https://links.sgx.com/FileOpen/TWCH-1HFY...eID=647936
When compared to 2H-FY20 (ended 30Jun20), Tiong Woon seems to have pulled through the worst because of Covid.

A few completed projects showing Tiong Woon's capabilities..
https://www.facebook.com/tiongwoonTWC/vi...4990648197
https://www.facebook.com/watch/?v=578736316385712
https://www.facebook.com/watch/?v=326200471922744
https://www.facebook.com/watch/?v=1234993093541380

[¯|_(ツ)_/¯]

Tiong Woon@52
FY2021 result with 0.3+0.1 (special) dividend = total 0.4cents


https://drive.google.com/open?id=1TTlKoO...e7J7ySr-Cx
Stay home and stay safe, everyone.

[dydx]

The total dividends declared are actually $0.004/share.

Since posting a loss in 2H-FY20 because of Covid-19 and CB in Singapore and similar government control measures in other countries, so far Tiong Woon has recorded 2 consecutive half-year periods of increasing revenue and profits. Actually, the business recovery and profit turnaround are quite sharp. Let's hope that the positive trajectory will continue.

[GenS70]

https://youtu.be/nxKYqDGB5iA

This research analyst gave an in-depth analysis on Singapore construction sector and some selective companies, Tiong Woon included.

[BlueKelah]

https://youtu.be/nxKYqDGB5iA

This research analyst gave an in-depth analysis on Singapore construction sector and some selective companies, Tiong Woon included.

Macro wise Rate rising environment will be a massive headwind for property/ construction sector. Not worth to put money into stocks in this sector.

[dydx]

Using the 1H (ended 31Dec21) results and numbers as a basis to extrapolate the coming FY22's full-year results and into FY23..
https://links.sgx.com/FileOpen/1HFY2022%...eID=701965

It is to be noted that the 1H revenue and profit numbers - revenue : $60.95m (+16% YoY); NP : $7.76m (+121% YoY) - already show 3 consecutive half-year periods (since Jul21) of steady increase. Conceivably, FY22 (ending 30Jun22) full-year revenue could hit $125.0m, and NP could hit $17.0m, giving an EPS of $0.073. With SG's infrastructural, O&G and petrochemical projects and construction moving towards full recovery, FY23 (ending 30Jun23)'s numbers should be higher. All these are before counting the positive impact of overseas projects, including construction of major O&G and petrochemical plants.