| Latest Forum Topics / Tai Sin Electric Last:0.54 -- |
 Post Reply
|
|
tai sin on bullish breakout
|
|||||
|
governor
Veteran |
29-May-2026 17:48
|
||||
|
x 0
x 0 Alert Admin |
Wolf Money(Portfolio update end May 2026)long post Olam related
Oh! MyGod(thos) I had the privilege of speaking to a friend who works as an ex-developer for AI. Through the 2 hours of conversation. My knowledge of AI has been upgraded from the status of Noob. https://lonewolfinvestor.blogspot.com/2026/05/wolf-moneyportfolio-update-end-may.html?m=1 |
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
15-May-2026 10:58
|
||||
|
x 0
x 0 Alert Admin |
From Tai Sin Electric to Toku: Industrials, tech stocks rule in RHB&rsquo s refreshed list of small-cap &lsquo jewels&rsquo Those listed have, for example, compelling valuations, strong balance sheets and growth potential [SINGAPORE] Industrial and technology counters make up more than half of RHB&rsquo s latest list of preferred small-cap stocks under S$1.5 billion in market capitalisation, as the research house bets on themes tied to artificial intelligence, semiconductors and data centres. Published on Wednesday (May 13), the 16th edition of RHB&rsquo s Singapore Small-Cap Jewels report features 20 Singapore-listed companies that the brokerage believes have a &ldquo great probability of generating good returns for investors&rdquo . About 60 per cent of the companies featured in this year&rsquo s edition were excluded in the previous two editions, reflecting what RHB described as a &ldquo deliberate refresh&rdquo of its stock selection. The picks were derived from top-down thematic ideas and bottom-up fundamental analysis. RHB said three broad pillars underpin this year&rsquo s list: international and regional growth, the technology value chain, and domestic structural trends. The report&rsquo s picks also provide exposure to the property, construction, oil and gas, and healthcare sectors. RHB said that every stock featured in the report exhibits at least one key fundamental characteristic, including compelling valuations, strong balance sheets, cash-generation capabilities, growth potential or event-driven catalysts. The following are some of RHB&rsquo s top small-cap picks: Industrials Civmec : P9D +0.71%: The engineering company&rsquo s order book for H1 FY2026 stood at A$1.4 billion (S$1.2 billion), up 8 per cent year on year from about A$1.3 billion, after it won more tenders in the first half of this year. RHB analysts noted that Civmec is also &ldquo well-positioned&rdquo to win large-scale defence and naval shipbuilding contracts under the Henderson Defence Precinct project, a proposed multi-billion dollar investment project by the Australian government in Perth, Australia. Tai Sin Electric : 500 0%: The electrical manufacturing and solutions group is likely to benefit from domestic construction demand in Singapore. More structural shifts in the data-centre landscape also offer &ldquo significant earnings uplift potential&rdquo for the group, said the analysts. The group is also diversifying its revenue streams by acquiring new energy businesses, such as solar equipment distributor BayWare Solar System. Skylink Holdings : XZB -1.85%: The commercial vehicle leasing company stands to grow from Singapore&rsquo s push for greater EV adoption. The company can bolster its EV fleet through government grants, and reap better rental margins and returns on its assets. Amid high oil prices, Skylink has transitioned 16 of its existing customers to EVs. It also deployed 43 new EV units in Q4 of 2025. Tech selections Frencken Group : E28 +1.49%: The integrated technology solutions firm is expected to benefit from the global surge in semiconductor sales. The analysts said: &ldquo We expect customer inventory to clear up by H1 this year, followed by a restocking of orders that will see earnings accelerate into H2.&rdquo The group also continues to support key customers in Europe, and customers which have moved their production to Asia. Valuetronics : BN2 -0.98%: RHB noted that the company&rsquo s earnings are recovering to their pre-Covid-19 levels, backed by a strong net cash balance sheet. Valuetronics&rsquo growth is led by new customers, higher-margin businesses and increased manufacturing capacity, said the analysts. For example, its Vietnam factory can cater to customers that are diversifying their production away from China. RHB also expects Valuetronics to post better margins as it phases out its low-margin businesses, such as legacy consumer electronic products. CSE Global : 544 +4.73%: The global systems integrator is expected to benefit from data-centre deployment in Singapore and the US. RHB believes CSE has a strong earnings outlook, backed by Amazon&rsquo s US$1.5 billion in project orders. The company is also expanding its market presence and strengthening its engineering and technology capabilities through acquisitions. SGX debutantes Toku : TKU -1.92%: The customer-experience software company, which listed on the Catalist board in January, offers exposure to growth in the global contact solutions market, said RHB. Toku also plans to grow beyond the Asia-Pacific it entered Latin America and the Middle East markets in 2025, and four European countries in early 2026. Coliwoo Holdings : W8W 0%: The company, which listed on the SGX in November 2025, is likely to benefit from the Middle East conflict. The potential influx of expatriates and students into Singapore as a result of the conflict could push up rental demand. Coliwoo&rsquo s core net profit for H1 FY2026 stood at S$8.6 million, up 14 per cent year on year. RHB is positive on the group&rsquo s recent plan to divest its mature assets and engage in strategic acquisitions. Info-Tech Systems : ITS -4.41%: The group&rsquo s key strength lies in its ability to build and maintain a locally compliant, integrated payroll engine in four markets &ndash Singapore, Malaysia, Hong Kong and India, said the RHB analysts. It is expected to outperform, delivering a higher revenue compound annual growth rate of 10.5 per cent, driven by scalable platform architecture and attractive pricing. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Alignment
Elite |
08-May-2026 11:01
|
||||
|
x 0
x 0 Alert Admin |
So its now back to where it was before the profits warning. The right price to get out for those who made the trade to buy in when the market oversold.
|
||||
| Useful To Me Not Useful To Me | |||||
|
governor
Veteran |
07-May-2026 22:02
|
||||
|
x 0
x 0 Alert Admin |
Wolf Money(Tai Sin Electric)soldhttps://lonewolfinvestor.blogspot.com/2026/05/wolf-moneytai-sin-electricsold.html |
||||
| Useful To Me Not Useful To Me | |||||
|
governor
Veteran |
30-Apr-2026 18:20
|
||||
|
x 0
x 0 Alert Admin |
Wolf Money(portfolio update end April 2026)long post Tai Sin related
Mike doesn&rsquo t buy Nike I went into a leading sportswear store to look at the World Cup jerseys on sale. The recent punt on Nike has to do with it. Nike&rsquo s leading position in sportswear is losing ground. Over the years, due to the company focusing on doing more direct sales online, many retailers were sidelined by the change in strategy. Many empty shelves in sports wear retailers give On and Hoka the opportunity to have a stronger presence in their stores. https://lonewolfinvestor.blogspot.com/2026/04/wolf-moneyportfolio-update-end-april.html?m=1 |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
governor
Veteran |
31-Mar-2026 19:58
|
||||
|
x 0
x 0 Alert Admin |
Wolf Money(portfolio update end March 2026) part 2 Tai Sin Electric related Commentary The situation in the Middle East is in a mess. I wouldn& rsquo t bet my last dollar for the crisis to end anytime soon. The conflict is a deadly concoction of ideology and religion that has the potential to manifest into World War 3. Is it unwise to believe a few thousand missiles is going to change the entrenched ideology of another country. With so many countries getting sucked into the war because of some selfish individuals, the environmental and social costs are going to be enormous. Common sense and critical judgment are lacking here. The war ultimately increases the risk of a serious terror attack much sinister than the Sept 11. I hope cool heads to prevail. This war has no winner and all of us are losers of the war. I hope leadership can come from countries that are not involved in the war. It is no longer about sitting around the arena to watch a show. I pray for those people who have lost their loved ones in the war to find solace and comfort in God. God Bless. https://lonewolfinvestor.blogspot.com/2026/03/wolf-moneyportfolio-update-end-march_31.html |
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
27-Mar-2026 10:39
|
||||
|
x 0
x 0 Alert Admin |
Tai Sin Electric is powering up ASEAN, benefiting from both construction and data centre boom William Tng and Then Wan Lin of CGS International have initiated coverage on Tai Sin Electric (SGX:500) with an &ldquo add&rdquo call and target price of 74 cents. Tai Sin Electric (Tai Sin) is one of Southeast Asia&rsquo s leading cable and wire manufacturers and Distributors. According to both analysts in their March 25 report, they estimate that the cable and wire manufacturer has a 20-30% market share for locally manufactured power cables. &ldquo We believe that its market share will be able to give the company a structural advantage in securing Singapore infrastructure and large-scale construction projects given shorter delivery lead times and greater supply certainty,&rdquo Tng and Then says. Some of the past landmark projects that Tai Sin was involved in include the Marina Bay Sands and Gardens by the Bay, as well as the Thomson East Coast Line. Based on their forecast, both analysts believe Tai Sin can achieve a revenue of $679 million by FY2028, from just $481 million in FY2025. &ldquo The forecasted figure for FY2028 is well supported by higher demand for power and control cables from several large projects in Singapore, such as the Cross-Island line, Changi Terminal 5 and Tuas Mega Port, together with potential new data centres at Jurong Island and Marina Bay Sands expansion,&rdquo both analysts say. Both Tng and Then further add that Tai Sin typically sees a boost in delivery volume one to two years after mechanical and electrical (M& E) contractors (customers of Tai Sin) win contracts, as cable demand is synchronised with the execution/installation phases of projects. With the data centre and hyperscaler expansion in Singapore, Johor and Vietnam, both analysts foresee Tai Sin&rsquo s cable and wire (C& W) segment to remain a core growth driver, contributing about 67% of revenue and about 50% of incremental revenue growth in FY2026 to FY2028. Value-accretive acquisition of Integra R.E. Completed last November, the $16 million acquisition of Integra R.E. will help Tai Sin to bring in additional revenue of $31 million (5% of total revenue) and $53 million (8% of total revenue) in FY2026 and FY2027 respectively, according to the CGS International team. &ldquo Assuming a net margin of 2%, we believe the acquisition will be EPS accretive by 2% and 3% for FY2026 and FY2027 respectively. The potential synergy includes the cross‑ selling of solar modules, inverters and batteries through Tai Sin&rsquo s well‑ established distribution channels,&rdquo both analysts predict. Copper price With copper being the main raw material for wire and cable production, both Tng and Then believe that higher copper prices could support revenue growth for Tai Sin&rsquo s C& W segment as copper costs are contractually embedded in selling prices. &ldquo However, cost passthrough is not fully symmetrical as existing long-term contracts have fixed pricing when order is placed, hence exposing margins to input cost mismatches as delivery happens one to two years later,&rdquo states both analysts. Going forward, they believe that a gradual increase in copper prices allows Tai Sin to adjust pricing for new orders and partially mitigate cost pressures through inventory and hedging planning. Initiate coverage with target price of 74 cents As such, the CGS International team is initiating coverage on Tai Sin with an &ldquo add&rdquo rating and a target price of 74 cents, translating to a 49% upside from its closing price as of March 25. &ldquo This is largely underpinned by improving net profit visibility over FY2026 to FY2028 as construction demand in Singapore and the region recovers, alongside margin normalisation in its C& W segment (from 4% in FY2026 to 7% by FY2028) as copper prices stabilise,&rdquo the team predicts. Both analysts peg Tai Sin&rsquo s target price to a FY2027 P/E ratio multiple of 10 times, which is aligned with its 10 year historical average 12-month forward P/E ratio. &ldquo Historically, Singapore-listed industrial and construction materials peers are also traded at 9.2 times P/E ratio on average across the cycle. Tai Sin&rsquo s larger regional peers are trading at mid-teen multiples of FY2027 P/E ratio on average. Given its smaller scale, we deem our marginal valuation discount as reasonable,&rdquo the team claims. On the dividend front, both analysts expect Tai Sin to continue paying a yearly dividend of 2.35 cents per share for FY2026 to FY2027, which the amount was unchanged since FY2022, as its operating cash flow is likely to support working capital needs with minimal capex going forward. &ldquo Based on current share price, the dividend yield is around 4.7%. In a bull case scenario, we foresee a marginal dividend hike to 2.45 cents per share, implying a 4.9% yield for FY2026 to FY2028, while keeping gearing profile manageable at between 21% and 29%. As at 4.55pm, shares in Tai Sin are trading 3.5 cents higher or 7% up at 53.5 cents. |
||||
| Useful To Me Not Useful To Me | |||||
|
Huataarrhh
Senior |
26-Mar-2026 09:51
|
||||
|
x 0
x 0 Alert Admin |
CGI initiation report today
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
JurongW
Elite |
19-Mar-2026 00:25
Yells: "Earnings give weight, Chart give wings" |
||||
|
x 0
x 0 Alert Admin |
|
||||
| Useful To Me Not Useful To Me | |||||
|
kepoh88
Veteran |
19-Mar-2026 00:18
|
||||
|
x 0
x 0 Alert Admin |
Mee too ,likes this stock but very worired of the ever rising copper price 175% since 2022. foresee the copper price may increase to USD6.per pound.
|
||||
| Useful To Me Not Useful To Me | |||||
|
JurongW
Elite |
18-Mar-2026 18:15
Yells: "Earnings give weight, Chart give wings" |
||||
|
x 0
x 0 Alert Admin |
CEO bought 79,600 shares at $0.51 on 16 Mar
|
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
16-Mar-2026 11:29
|
||||
|
x 0
x 0 Alert Admin |
Tai Sin Electric CEO increases stake
Between Mar 6 and 10, Tai Sin Electric executive director and CEO Bernard Lim acquired 170,700 shares at S$0.51 per share. This raised his total interest in the industrial group from 18.23 per cent to 18.27 per cent.
He has been gradually increasing his total interest in the company from 14.82 per cent as at end-2019.
Tai Sin Electric was founded in 1980 and is now a regional cable manufacturer listed on the SGX mainboard. It supplies high-quality electrical cables from plants in Singapore, Malaysia and Vietnam to industrial, commercial, residential and infrastructure projects across both the public and private sectors.
For its H1 FY2026 (ended Dec 31), its profit fell 53.1 per cent from the year before to S$7.4 million, despite a 20 per cent rise in revenue, reflecting margin pressure rather than demand weakness.
The decline was driven mainly by an S$11.8 million provision for onerous contracts following higher copper prices, alongside lower gains from subsidiary disposals. It was partly offset by a bargain purchase gain from the acquisition of renewable energy subsidiaries.
Tai Sin Electric said that while copper price volatility and supply chain constraints remain pressures, the group is focused on execution and selective growth in South-east Asia, supported by resilient domestic demand, digital infrastructure investment and renewable energy development.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
kepoh88
Veteran |
14-Mar-2026 00:32
|
||||
|
x 0
x 0 Alert Admin |
Good company but all their earlier contracts deal has been badly hampered by very high copper price. |
||||
| Useful To Me Not Useful To Me | |||||
|
governor
Veteran |
13-Mar-2026 17:37
|
||||
|
x 0
x 0 Alert Admin |
Wolf Money(Portfolio update end March 2026)part 1 early release Tai Sin Electric related Politics of Oil Beside the human loss to the war. Oil made the headlines. LWF was trying to buy a good oil play for my portfolio. Unfortunately, none got onto my buy list. The closer to an indirect oil play is https://lonewolfinvestor.blogspot.com/2026/03/wolf-moneyportfolio-update-end-march.html?m=1 |
||||
| Useful To Me Not Useful To Me | |||||
|
governor
Veteran |
27-Feb-2026 19:03
|
||||
|
x 0
x 0 Alert Admin |
Wolf Money(portfolio update end Feb 2026)long post Tai Sin Electric related Commentary The correction in gold, commodities and crypto sparked a margin call in the market which caused it to go through some heavy losses at the middle of the month. The market woes were worsened due to Mr. Trump trying to pick a fight with Iran. He is probably well stocked up on oil companies. What are the chances of a war with Iran? 👇 https://lonewolfinvestor.blogspot.com/2026/02/wolf-moneyportfolio-update-end-feb.html |
||||
| Useful To Me Not Useful To Me | |||||
|
Alignment
Elite |
22-Feb-2026 21:25
|
||||
|
x 0
x 0 Alert Admin |
There is nothing to suggest the exposure for future contracts cannot be fundamentally addressed through pricing discipline, contract structure or hedging.
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
19-Feb-2026 13:33
|
||||
|
x 0
x 0 Alert Admin |
Do Tai Sin 1H FY2026 results point to a structural weakness in its business model driven by copper price vulnerability? Despite 20% revenue growth, profits collapsed as legacy fixed-price contracts were overwhelmed by higher copper costs, forcing an $11.8m onerous contract provision and crushing margins. This raises the concern that earnings remain highly sensitive to commodity swings, with limited ability to pass through cost increases in time. If this exposure is not fundamentally addressed through pricing discipline, contract structure, or hedging, does growth merely magnify downside risk rather than translate into sustainable shareholder value?
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
19-Feb-2026 08:38
|
||||
|
x 0
x 0 Alert Admin |
Tai Sin&rsquo s 1H FY2026 results look weak beneath the headline revenue growth: while sales rose a solid 20%, profit collapsed by more than 50%, exposing how fragile margins have become. The Cable & Wire business was hit hard by $11.8m of onerous contract provisions as copper prices surged, effectively turning past &ldquo growth&rdquo into today&rsquo s losses. Gross margin fell sharply from ~18% to ~12%, operating cash flow thinned, and higher receivables and inventories tied up cash. The reported profit was partly propped up by a one-off bargain purchase gain, masking the deterioration in core operations. In short, we are seeing the cost of poor pricing discipline and commodity exposure coming home to roost, with earnings quality clearly weaker despite top-line expansion
|
||||
| Useful To Me Not Useful To Me | |||||
|
HVRRVH
Elite |
17-Feb-2026 11:54
|
||||
|
x 0
x 0 Alert Admin |
You are more like a trader nowadays than investor. Luckily I keep my Boustead.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Alignment
Elite |
17-Feb-2026 10:31
|
||||
|
x 0
x 0 Alert Admin |
So where the market is now is what I would have predicted. I don' t expect the issue to have significant ongoing effects because the company would have adjusted future contracts to account for changes in underlying costs.
|
||||
| Useful To Me Not Useful To Me | |||||