Not only achieved the TP , but went further down .
Bintang ( Date: 22-Jul-2013 11:10) Posted:
|
Now below NTA & NAV. Bought at 94.5 cents. Hope a good deal.
Tat Hong Q1 net halves to $8.2m
Crane supplier Tat Hong Holdings reported a net profit of $8.2 million for its first quarter ended June 30, down 51 per cent from $16.7 million the same period a year ago.
Revenue was down 18 per cent to $175.5 million, from $215.3 million a year ago. The lower revenue was attributed mostly to dips in the company's main distribution and crane rental segments.
Tat Hong said that the profit drop was due to an economic slowdown in Australia affecting the distribution and rental business, and cost overruns by a joint venture in Indonesia for a project that has since been completed.
Tat Hong shares closed at $1.09, down 2 cents or 1.8 per cent, before the results were released.
Another BIG......
Poor results Kena Wack down by 12 cents at opening.
RUN ROAD......SHORT lar.....
what happen.
great Singapore sale over
already, price still dropping.
cheap become cheaper.
...Married Deal:  Vol: 440  Value:$517,440   ie $1.176/share  Prev Close: $1.170...
...on down trend ... now sideways movement... $1.170 low well supported most of July ...
half a day gone, only 98 lot done.
 
Avoid this counter as the downside target is at $1.05
tea444u ( Date: 10-Jul-2013 17:14) Posted:
|
...the 2-19 days MA met...
...although it is more suitable for sti index....should still useful for individual stock....
strong support at $1.20,looks good
and potential upward bias.
... link .... of the source for reference ....
I read from today's Wired Daily that TH is still a BUY at DBS but with a lower TP of $1.43 ! ?
Tat Hong - Australia presents earnings risks maintain BUY with lower TP of S$1.43
Our analyst sees potential earnings downside for Tat Hong in 1Q14F from weaker AUD and slower mining and
infrastructure spending in Australia. 2H13 revenues from Australia fell 12% y-o-y, affected by a slowdown in mining and infrastructure spending. These could result in slower equipment sales/rental and translation losses for 1Q14F. The outlook for mining in Australia will likely remain weak with infrastructure spending expected to slow down over the next two quarters. Australia will potentially drag earnings growth, thus FY14F/FY15F earnings cut by 20%/21%. Maintain BUY with lower TP of S$1.43 (Prev S$ 1.80). The stock has corrected from S$1.54 since May. In the near term, the stock looks technically oversold and the support is at S$1.12.
guoyanyunyan ( Date: 10-Jul-2013 15:52) Posted:
|
hi Mr Bintang...i am thinking of tat hong ...but lucki9ly saw your post...now is not a good time to collect this? thanks Sir!
Bintang ( Date: 27-Jun-2013 11:02) Posted:
|
| Date | Stock Name | Last Price | Price Target | Upside/Downside | Price Call | Source |
| 10/7/2013 | Tat Hong | 1.195 | 0.75 | -0.445 (37.24%) | SELL | DBS Vickers |
| 10/7/2013 | Tat Hong | 1.195 | 1.75 | +0.555 (46.44%) | BUY | CIMB |
Looking good. $1.255
...Married Deal:  Vol: 870  Value:$1,057,050   ie $1.215/share  Prev Close: $1.215...
...recent low: $1.205  ... year low: $0.960... good to monitor more closely ...
...better watch on the sideline for the time being ... 
the hold morning red, red.
now still $1.215  and $1.220 range.
big selling drying up.
Tat Hong  is now in the free falling after the dead cross formed in the beginning of June 2013 . Unfortunately it broke 200MA which was a strong support at $1.40 n went down further . Now it is heading south to the downside target of  $1.13 .
sunview ( Date: 27-Jun-2013 10:44) Posted:
|