TT Intl    Last:0.014   -

BIG BOX on the Way

Yep...
Funny story: Big Box is colored orange and green because those are the boss' wife' s favorite colors. 

Wind22i      ( Date: 25-Jul-2017 19:00) Posted: Walking Dead counter ?

 

Walking Dead counter ?

 

ya, collected some at $0.021.
no close shop.
some stock $0.001 still survive.
this one cannot die so easily.
I think is wayang wayang only.

 

wah.die already if collected..

derekchong      ( Date: 19-Jul-2017 11:08) Posted: now buyers coming out to collect durian.

 

Its weird, i checked but Novena is not under the Group?
​ If they are closing then why SGX never ask them to suspend counter> ?

 

ready to close shop liao...

 

like that got halt trading or not.

 

Doubt they can... They' re already having trouble filling up their own shelves as suppliers are cutting ties with them.
Furthermore, JE is the Capland stronghold (IMM-Westgate-JCube) + Jem.
Big Box is just a shambling zombie, steer clear unless you want to be bitten.

victortan      ( Date: 25-Jul-2017 00:24) Posted: True unless they can come out with idea how to bring customer from JEM and Westgate to their big box, if not then truly it is an empty big box.   rachellee      ( Date: 25-Jul-2017 00:13) Posted: Big Box lives up to its name: a big, empty box. Not surprising considering how TT' s furniture businesses are lacklustre too

 

True unless they can come out with idea how to bring customer from JEM and Westgate to their big box, if not then truly it is an empty big box.


 

rachellee      ( Date: 25-Jul-2017 00:13) Posted: Big Box lives up to its name: a big, empty box. Not surprising considering how TT' s furniture businesses are lacklustre too. ahhuat08      ( Date: 24-Jul-2017 23:01) Posted: Lol, the thread title so funny hor, Big box on the way to seek demand of payment from TT intl. wth is goin on here?

 

Big Box lives up to its name: a big, empty box.

Not surprising considering how TT' s furniture businesses are lacklustre too.

ahhuat08      ( Date: 24-Jul-2017 23:01) Posted: Lol, the thread title so funny hor, Big box on the way to seek demand of payment from TT intl. wth is goin on here?

 

Lol, the thread title so funny hor, Big box on the way to seek demand of payment from TT intl. wth is goin on here?

 

Toh

 

Haha, subsidiary suing parent company for money owe. If TT cannot pay, subsidiary going to make parent bankrupt?

bernardc      ( Date: 19-Jul-2017 11:24) Posted: big  box..becomes broken box

 

big  box..becomes broken box

 

now buyers coming out to collect
durian.

 

Really hai si lai

ruready      ( Date: 16-Jun-2017 09:26) Posted: Deep discount at 36, ssh buying soon

 

  TT Intl  -  Last Done@lagi super deeeper discount -  0.021c.  Vol:ume-15,315,000 mil    -0.011

ruready      ( Date: 16-Jun-2017 09:26) Posted: Deep discount at 36, ssh buying soon

 

Jialat until like that. Si Bey Chiam lehh. TT chiam lehh.

HazardKoh      ( Date: 18-Jul-2017 21:39) Posted: Hmm... I tot my eyes got problem... check again ...and sure the figure reads NET LIABILITY of $387,291,000  ==> $387 million!!!! Their debts minus away all their assets, they still own others $387 million net.. WOW... Basis for disclaimer of opinion The Company is placed under a Scheme of Arrangement (the &ldquo Scheme&rdquo ) sanctioned by the Court of Appeal in Singapore on 13 October 2010. The Company&rsquo s ability to continue as a going concern is dependent on the successful implementation of the Scheme, the profitability of future operations, the ability to secure financing as and when required, and the continuing support of bank and other creditors, suppliers and other parties. The Group has incurred a net loss of $90,987,000 (2016: $59,729,000) for the year ended 31 March 2017 as set out on page 45. In addition, as at 31 March 2017, the Group and the Company are in a net current liabilities position of $387,291,000 (2016: $353,206,000) and $238,488,000 (2016: $202,511,000), respectively. As at 31 March 2017, a subsidiary is in default of its loan repayment obligation which was due on 31 March 2017 and a subsidiary is in breach of certain loan financial covenants. These factors indicate the existence of material uncertainties which may cast significant doubt about the Company&rsquo s ability to continue as a going concern.

 

Hmm... I tot my eyes got problem... check again ...and sure the figure reads
NET LIABILITY of $387,291,000  ==> $387 million!!!!

Their debts minus away all their assets, they still own others $387 million net.. WOW...



Basis for disclaimer of opinion

The Company is placed under a Scheme of Arrangement (the &ldquo Scheme&rdquo ) sanctioned by the Court

of Appeal in Singapore on 13 October 2010. The Company&rsquo s ability to continue as a going concern

is dependent on the successful implementation of the Scheme, the profitability of future operations,

the ability to secure financing as and when required, and the continuing support of bank and

other creditors, suppliers and other parties. The Group has incurred a net loss of $90,987,000

(2016: $59,729,000) for the year ended 31 March 2017 as set out on page 45. In addition, as at

31 March 2017, the Group and the Company are in a net current liabilities position of $387,291,000

(2016: $353,206,000) and $238,488,000 (2016: $202,511,000), respectively. As at 31 March 2017,

a subsidiary is in default of its loan repayment obligation which was due on 31 March 2017 and a

subsidiary is in breach of certain loan financial covenants. These factors indicate the existence of

material uncertainties which may cast significant doubt about the Company&rsquo s ability to continue as

a going concern.

 

Big Box should operate a private bus drop off point at its premises, esp for buses that ply the nearby International Business Park. I notice the designated public bus drop off point opposite Big Box is not very driver friendly - the buses needs to make a huge round about to get to the public drop off point. Getting to Big Box would be much faster.

I' m not talking about shuttle buses which cost alot of money to operate and where big box might not fully capitalise on since it is connected to Jems. Just a bus drop off point for private buses that   would normally have used the public drop off point that filters the passengers straight into the MRT station. What a waste of foot fall.

Not vested.