Tat Hong

Re: Tat Hong

Postby winston » Mon Nov 12, 2012 4:28 pm

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OCBC raises Tat Hong target price to S$1.70

SINGAPORE - OCBC Investment Research raised its target price on Tat Hong Holdings Ltd to S$1.70 from S$1.42 and maintained its'buy' rating, citing the strong growth momentum of the cranes and heavy equipment supplier.

Tat Hong shares were down 1.1 per cent at S$1.385 on Monday. The stock has jumped 57 per cent so far this year versus the 21 per cent gain in the FT ST Small Cap Index.

Tat Hong reported a 37 per cent increase in second-quarter net profit at S$17.3 million (US$14.1 million), mainly due to the strong performance by its crane rental and tower crane segments.

OCBC said given the tight utilisation rates of Tat Hong's cranes, the company was expected to buy more crane assets in the second half of 2013 fiscal year for various projects in the region.

This should deepen its market presence and provide the next leg of growth for 2013-2014 fiscal years, OCBC said.

Source: REUTERS
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Re: Tat Hong

Postby winston » Fri Feb 15, 2013 8:28 am

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TAT HONG HOLDINGS LTD - The cranes and heavy equipment supplier said its third-quarter net profit rose 37 percent to S$17.8 million, boosted by gains from asset sales and stronger crane rental revenues.


Source: Reuters
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Re: Tat Hong

Postby behappyalways » Thu Jul 30, 2015 10:10 am

Tat Hong Holdings: No sign of pickup for core market
http://sgx.i3investor.com/blogs/sgxstoc ... /26364.jsp
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Re: Tat Hong

Postby behappyalways » Wed Mar 16, 2016 9:43 am

Tat Hong shares surge on potential transaction
http://sgx.i3investor.com/servlets/fdnews/58823.jsp
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Re: Tat Hong

Postby behappyalways » Thu Nov 17, 2016 6:16 pm

Tat Hong retreated 6.5 cents after announcing a rights issue. What seems to be the problem?
http://www.theedgemarkets.com.sg/sg/art ... be-problem
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Re: Tat Hong

Postby behappyalways » Fri Aug 18, 2017 4:30 pm

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Re: Tat Hong

Postby behappyalways » Tue Sep 26, 2017 12:29 pm

tat-hong-says-talks-linked-securities-transactions
https://www.theedgesingapore.com/tat-ho ... ansactions
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Re: Tat Hong

Postby winston » Fri Nov 10, 2017 5:27 pm

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StanChart Private Equity offers to buy Singapore crane company shares


SINGAPORE (Reuters) - Tat Hong Holdings Ltd (TAT.SI), a Singapore-based supplier of cranes, said it had received a non-binding letter from Standard Chartered Private Equity (Singapore) proposing to buy shares in the company at S$0.50 apiece.

The Standard Chartered PE (SCPE) proposal is subject to conditions including an agreement of definitive partnership terms with the existing management team and founding family members, Tat Hong said a filing to the stock exchange on Friday.

The offer represents a premium of nearly 9 percent to Tat Hong’s closing price of S$0.46 on Thursday. Trading in the stock was halted on Friday ahead of the announcement.

There was no certainty that any transaction would arise from the proposal by SCPE, the company said. Tat Hong informed the markets in September about being approached by certain parties for a potential transaction.

Tat Hong, whose shares are valued by the market at about S$345 million ($254 million), has been listed on the mainboard of the Singapore Stock Exchange since 2000.

It says it is the largest crane-owning company in the Asia-Pacific region with a fleet size of more than 1,500 crawler, mobile and tower cranes.

The controlling shareholders, Chwee Cheng and Sons along with related parties, own more than half the shares, according to its latest annual report.

Source: Reuters

http://www.reuters.com/article/us-tat-h ... SKBN1DA0N8
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Re: Tat Hong

Postby behappyalways » Thu Dec 07, 2017 6:53 pm

tat-hongs-2q-losses-narrow-28-mil-improved-gross-profit
https://www.theedgesingapore.com/tat-ho ... oss-profit
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Re: Tat Hong

Postby behappyalways » Fri Jan 12, 2018 10:45 pm

tat-hong-gets-50-cents-share-offer-group-ceo-roland-ng-privatise-company
https://www.theedgesingapore.com/tat-ho ... se-company
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