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LHT Holdings
30-05-2019, 04:42 PM.
Post: #121
RE: LHT Holdings
(30-05-2019, 04:16 PM)nitro Wrote:
(11-04-2019, 04:29 PM)brattzz Wrote: Ok, thanks RBM, I will try to attend and ask questions, let see what we can get...

Hi Brattzz,

Did you attend the agm? if yes, mind sharing?

Tq

Sorry nitro, I was unable to make it... didn’t managed to vote...🤨
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12-12-2019, 08:28 PM.
Post: #122
RE: LHT Holdings
https://links.sgx.com/FileOpen/SGX%20Wai...eID=590300

For a company that currently only has approximately $25m in market cap, this is an eye popping cost to be incurred by LHT to facilitate the proposed new factory and lease as spelled out below. 

Based on the Company's current estimates, the estimated total investment costs required for the Company for the Proposed Lease would be S$56,000,000 ("Estimated Total Investment Costs"), including the estimated costs required for and relating to the construction of the Proposed New Building and the Proposed Lease. The Estimated Total Investment Costs do not include the aggregate amount of Land Rent (payable on an annual basis) payable by the Company to JTC over the Lease Term of thirty (30) years.

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13-12-2019, 08:33 AM.
Post: #123
RE: LHT Holdings
At a plot ratio of 2.50 for a piece of seafront land with an area of 18,000 sq.m. (equivalent to approx. 134 x 134 metre), LHT by spending $56.0m in the Estimated Total Investment Cost (which includes a minimum $3.0m to be spent in new plant & equipment, and transferring existing plant & machinery with a NBV of $3.8m from 27 Sungei Kadut St 1) will end up owning 45,000 sq.m. of usable/rentable industrial space in a brand-new 5-storey building over the next 30 years commencing 1Apr2020, before accounting for the payment of an ongoing JTC annual land rent. A simple calculation gives a cost of ownership of the usable industrial space as $41.50 per sq.m per year - or only $0.32 p.s.f./month - before accounting for the JTC annual land rent and interest on borrowing. When compared with just $1.00 p.s.f./month as potential market rental for industrial space, there is ample margin for this investment. If LHT is to rent out 50% of the usable space and keeps the remaining 50% for own use, the potential annual gross rental of over $2.0m would be able provide a nice additional income and also helps service the additional debts taken to financing this investment.

Our government through JTC is helping LHT, which is playing an important role in waste wood recycling in addition to supplying pallets to Singapore's manufacturing industry and logistics service provider.

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13-12-2019, 09:34 AM. (This post was last modified: 13-12-2019, 09:46 AM by AQ..)
Post: #124
RE: LHT Holdings
I think it is gr8 news.

Other than the likely boost to RNAV arising from the 30y leasehold property, i note the location at 30 Kranji Way. From Google Maps, this is right beside the reservoir and also quite close to the Causeway, (which is prob a good fit with the newly bought land in M'sia). The authorities must have been rather confident of the environmental standards of LHT to grant it such proximity to the reservoir, esp when it will be engaging in manufacturing of its green pallets.

In the longer term, the future of the pallet industry is also clear. Sungei Kadut is currently littered with a bunch of old companies using the ancient methods of wooden pallet production which is environmental pollutive, prone to pest infestations and land intensive. These companies will probably be forced to exit once their land leases are up. The industry will then be forced to upgrade to one of higher environmental standards and productivity, and those who neither have the intent nor capital to keep up will be forced out. LHT will prob be a beneficiary of such consolidation.

LHT seems to be promoting its green initiatives aggressively, being one of the 20 sponsors of CleanEnvironSummit 2020 (organised by NEA)

https://www.cleanenvirosummit.sg/our-spo...onsors/LHT

With trade tensions cooling somewhat, i look forward to riding along with LHT for the eventual export pickup, and the global concerns on environmental sustainability.

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16-12-2019, 01:48 PM.
Post: #125
RE: LHT Holdings
1) agreed it's good news for company, it's 30 years of stability in the new $56milos manufacturing hub.
2) Looking at the biz itself, it's not exactly in growth... have to be careful maintaining the market share/ revenue and profitability, on top of the loans liao..
3) Servicing the bank loan, interests at 4%,

Note 2: The adjusted EPS of the Company is rounded up and takes into account the sum of S$1,152,000, comprising (a) S$720,000, being the interest on bank loan of S$36,000,000 at an interest of 4.0% per annum and on the basis that S$18,000,000 has been disbursed; (b) S$147,000, being the depreciation of right-of-use leased asset; and © S$285,000, being the finance cost of lease liabilities.

4) This eco-hub can/will serve the on-going change of this "wood" industry...

Waiting for manufacturing pick up though...
=========== Signature ===========
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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