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Haha, trading halted at 3:18:38 pm
$0.41. Another laggard moving up.
Seeing light at the end of the tunnel or just rotational play by chng kay ?
Seeing light at the end of the tunnel or just rotational play by chng kay ?
40 cents all taken.
Chartwise seems like very little resistance from 39 to 44.
Chng kays doing a good job today.
Currently above both the 50 days and 100 days MA. Once it crosses the 200 day MA at 38 cents, then much more upside can be expected.
MACD crossing the zero line from below. Positive signal.
Tat Hong has built a nice bottom. Is a run going to start soon?
That is the feature that can lure the aunties and uncles to put money in. Looking at how this counter slides every year from 1.09 to 1.07. The following year 1.03 to 0.93. Then 0.78 to 0.58. Then 0.58 to next coming to what? I think will be to 0.28. and then again to what?
Well defined in its sliding. Don' t play play with SGX stocks. Dangerous.
Well defined in its sliding. Don' t play play with SGX stocks. Dangerous.
Eagle88 ( Date: 12-Jun-2017 10:00) Posted:
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NAV is more than 70 cents....share price now is only 35 cents....more than 50% discount to NAV.....really cheap2.....
May be Wanda might be interested....
Its time for Tat Hong to sell loss making units....or to sell the whole company....
MichaelSchenker ( Date: 30-May-2017 20:40) Posted:
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buy low at good support and sell high always makes money...lol...
Cheap2 for accumulation...
Probably explain the recent slump in price.
So, bad news is out, is this the time to start buying again?
Watching....
http://www.businesstimes.com.sg/companies-markets/tat-hong-narrows-q4-loss-to-s292m-on-sharp-cut-in-other-operating-expenses
Tat Hong narrows Q4 loss to S$29.2m on sharp cut in other operating expenses
Tuesday, May 30, 2017 - 19:25
Crane supplier Tat Hong Holdings narrowed its fourth-quarter loss to S$29.2 million, or 4.24 Singapore cents per share, as a sharp decline in other operating expenses offsets a revenue decline.
For the 12 months ended March 31, Tat Hong' s net loss was a narrower S$38 million compared to FY16' s S$39.3 million.
No dividend was declared.
Tat Hong' s loss in the year-ago quarter was S$39.8 million, but that included S$40.9 million other operating expenses.
Other operating expenses shrank to S$7.1 million in the latest quarter, helping the bottom line to show a narrower loss even though revenue fell 13 per cent to S$110.2 million during the quarter.
Looking ahead, Tat Hong predicted challenging conditions for most of its key markets, although tower crane rentals in China are expected to be a bright spot.
So, bad news is out, is this the time to start buying again?
Watching....
http://www.businesstimes.com.sg/companies-markets/tat-hong-narrows-q4-loss-to-s292m-on-sharp-cut-in-other-operating-expenses
Tat Hong narrows Q4 loss to S$29.2m on sharp cut in other operating expenses
Tuesday, May 30, 2017 - 19:25
Crane supplier Tat Hong Holdings narrowed its fourth-quarter loss to S$29.2 million, or 4.24 Singapore cents per share, as a sharp decline in other operating expenses offsets a revenue decline.
For the 12 months ended March 31, Tat Hong' s net loss was a narrower S$38 million compared to FY16' s S$39.3 million.
No dividend was declared.
Tat Hong' s loss in the year-ago quarter was S$39.8 million, but that included S$40.9 million other operating expenses.
Other operating expenses shrank to S$7.1 million in the latest quarter, helping the bottom line to show a narrower loss even though revenue fell 13 per cent to S$110.2 million during the quarter.
Looking ahead, Tat Hong predicted challenging conditions for most of its key markets, although tower crane rentals in China are expected to be a bright spot.
Will it break.35 since it issued profit guidance??
Cheap2 for accumulation...
Any China mari?
Eagle88 ( Date: 15-May-2017 15:43) Posted:
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Still Cheap2 today....lol...
Eagle88 ( Date: 16-May 16:25) Posted:
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Cheap2 again...