Triyards Holdings

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#41
RHB Research analysts: Jesalyn Wong (left) & Lee Yue Jer, CFA

We initiate coverage on liftboat builder Triyards with a BUY and SGD0.77 TP (100% upside) based on 6x FY15F P/E (small-/mid-cap SGX-listed O&G firms’ average: 7.29x). A calculated net orderbook of USD380m provides 15 months’ earnings visibility. Ezion could potentially award USD150m in contracts, upon which its 29.5m warrants in the counter will vest. Valuations are attractive at 3.1x/2.6x FY15F/16F P/Es, 3x EV/EBITDAs, 0.4x P/BVs and 2.5% yield.


http://www.nextinsight.net/index.php/sto...rget-price
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#42
Triyards orders book is increasing.


Attached Files
.pdf   Triyards Holdings_3Q15_Maintain BUY_KGI Fraser 150708.pdf (Size: 264.91 KB / Downloads: 18)
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#43
what the frick is going on with this stock over the last few days? The speed of this decline on no news has been insane.
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#44
buddy u better keep hiding in yr cave... whole mkt is dying due to the commodities tsunami...

If u look at the bluest of the blues like Kepcorp, Sembcorp... they are all dying... even banks and defensive telcos are not spared...

Triyard has got a parent Ezra that potentially will issue a certificate... so Triyard is just part of the party

(20-08-2015, 11:07 AM)whosjohngalt18 Wrote: what the frick is going on with this stock over the last few days? The speed of this decline on no news has been insane.
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#45
(20-08-2015, 11:07 AM)whosjohngalt18 Wrote: what the frick is going on with this stock over the last few days? The speed of this decline on no news has been insane.

That is why you should run when Erza issue rights during June .Triyard is still selling around 52cts then. Good luck!
The thing about karma, It always comes around and bite you when you least expected.
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#46
Their financial situation is much less leveraged than the parent Ezras...they have less than 1.6 turns net debt/ebitda (ezras is 15x+).
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#47
Good earnings ahead for tml, price up to 0.39 already. According to StraitsTimes, they are one of the reputable company that builds cheap but good quality lift boats.
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#48
(19-10-2015, 02:39 PM)investingsgx Wrote: Good earnings ahead for tml, price up to 0.39 already. According to StraitsTimes, they are one of the reputable company that builds cheap but good quality lift boats.

Please post in the company existing thread, rather than creating a new thread. You may use the search tool to confirm whether existing thread exists.

I merged your new thread into the old thread.

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“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#49
(19-10-2015, 02:39 PM)investingsgx Wrote: Good earnings ahead for tml, price up to 0.39 already. According to StraitsTimes, they are one of the reputable company that builds cheap but good quality lift boats.


Full year results out this morning:
Fyi
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#50
The company, is one of the quality O&G stocks, that worth following. I will recommend another one, Pacific Radiance.

(not vested in both, but monitoring)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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