Latest Forum Topics / Tiong Seng Last:0.087 +0.001 | Post Reply |
Billion order book
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edwinjup
Master |
17-Nov-2013 23:21
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Drag down by china project...
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n3wbie
Member |
17-Nov-2013 21:49
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Collectively, I think the construction industry remains challenging because of the manpower crunch situation, with levies and restrictions. For Tiong Seng specifically, its property development business continues to drag on their business and affects the Group's margin as a whole. 
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HugoTan
Member |
17-Nov-2013 21:40
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Anyone vested in this counter? Recently the price has consistently dropping especially after the latest announcement. I am abit worried even tho the fundamental is quite strong. Anyone can advise? | ||
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dicksonh
Veteran |
14-Aug-2013 06:13
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Tiong Seng posts 16% increase in operating profit to S$4.3million for 2Q2013 due to better gross margin
2Q2013 revenue remained stable at S$131.6 million as decline in construction contracts was compensated by increase in sales of development properties Net profit dropped 78% to S$2.1million in 2Q2013 due to lower share of profit of joint ventures Robust order book of S$1.26 billion to be fulfilled over the next 12 to 30 months S$?000 2Q2013 2Q2012 Change (%) 1H2013 1H2012 Change(%) Revenue 131,585 129,978 1 278,094 232,987 19 Net profit attributable to equity holders 3,402 9,740 -65 14,676 14,749 0 Earnings per share (cents) * 0.44 1.27 -65 1.92 1.93 -1 As at 30 Jun 2013 As at 31 Dec 2012 Net asset value per share (cents) * 31.07 28.90 Cash & cash equivalents (S$?000) 49,553 66,378 Based on 766,039,750 shares, net of non-controlling interests. SINGAPORE ? 13 August 2013 ? Mainboard-listed construction group and property developer, Tiong Seng Holdings Limited (長 成 控 股 ) (?Tiong Seng?, together with its subsidiaries, ?the Group?), today announced a relatively flat growth of 1% in revenue year on year (yoy) to S$131.6 million due to a decline in revenue from construction contracts for the three months ended 30 June 2013 (2Q2013). This was however compensated by an increase in revenue from sales of development properties. Operating profit rose 16% to S$4.3 million mainly due to an improvement in gross profit margin from 9.5% to 11.8%. For the same period reported, net profit attributable to equity holders fell by 65% to S$3.4 million. For the six months ended 30 June 2013 (1H2013), the Group reported a 19% gain in revenue to S$278.1 million and net profit attributable to equity holders stayed flat at S$14.7 million. |
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warrenbegger
Elite |
06-Aug-2013 12:17
Yells: "Anyhow Buy Anyhow Die ^_^" |
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2nd Quarter Results how? This one still in Coma... Zzzzzzzz Buy until i forget i still had this... Zzzzzzzz |
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warrenbegger
Elite |
19-Jul-2013 12:17
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Ah Guan said, Where got opportunities i hoot where! Where hot my itchy leg also want to step in.. Ha haa haaa!! |
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HugoTan
Member |
19-Jul-2013 09:14
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http://www.channelnewsasia.com/news/business/tiong-seng-in-joint/742644.html | ||
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warrenbegger
Elite |
18-Jul-2013 22:17
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Buy and forget will give u the best chance. Who knows, one day it will gone crazy too  :)  |
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WilfredTan
Member |
18-Jul-2013 07:39
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Have been holding on to this counter for months.... | ||
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warrenbegger
Elite |
17-Jul-2013 23:36
Yells: "Anyhow Buy Anyhow Die ^_^" |
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TS Boss very cute.. Anything hot the leg just step in, will be very busy  :) China hot step one leg in. Malaysia Iskandar hot also step one leg in.. Myanmar hot also want  to step one leg in then shoik...   |
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warrenbegger
Elite |
17-Jul-2013 21:10
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Any Tiong Seng shareholder here ? | ||
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warrenbegger
Elite |
17-Jul-2013 16:23
Yells: "Anyhow Buy Anyhow Die ^_^" |
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I Back  :) | ||
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EddieLeong
Member |
14-Jun-2013 00:24
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Tiong Seng to ramp up precast capabilities and invest S$15.6 million to build precast plant in Iskandar Demand for precast components to benefit from 700,000 new housing units and 180 km of new railway in Singapore, and 80,000 new affordable homes in Malaysia Expands total maximum precast capacity by 60% to 160,000m3, equivalent to about 4,500 HDB units, in line with Group’s plan to expand precast capabilities in Singapore and in the region SINGAPORE – 13 June 2013 – Mainboard-listed construction group and property developer, Tiong Seng Holdings Limited (長 成 控 股 ) (" Tiong Seng" , together with its subsidiaries, " the Group" ), today announced that its wholly-owned subsidiary, Robin Village Development (Pte) Ltd (" Robin Village" ), has been given permission for early commencement from the Malaysian authorities to construct a precast plant in the Iskandar region of Johor Bahru, Malaysia (" JB plant" ). The JB plant will increase Tiong Seng’s capacity for the production of precast components by 60% to 160,000m3 by 2015. | ||
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pcscorpio
Member |
13-May-2013 13:34
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huge volume increase | ||
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pcscorpio
Member |
13-May-2013 12:00
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vested | ||
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jomini
Veteran |
23-Apr-2013 18:54
Yells: "slow down, think, question" |
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1 cent = 3+% div? just wondering...have you seen their projects before? |
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yinvest
Member |
22-Apr-2013 23:08
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1 cents dividend will be distributed soon, in May. | ||
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yinvest
Member |
22-Apr-2013 22:44
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something big to cheer! Tiong Seng, slow and steady, step by step. Tiong Seng’s subsidiary signs MoU to explore setting up precast plant with Myanmar construction giant In discussion to set up joint venture with Myanmar construction giant, Shwe Taung, to cater to rising demand for affordable housing in Myanmar To benefit from Myanmar government’s plan to build more than 1 mil houses over 20 years In line with Group’s plan to expand precast capabilities in Singapore and in the region SINGAPORE – 22 April 2013 – Mainboard-listed construction group and property developer, Tiong Seng Holdings Limited (長 成 控 股 ) (“Tiong Seng”, together with its subsidiaries, “the Group”), today announced that its wholly-owned subsidiary, Robin Village Development (Pte) Ltd (“Robin Village”), has signed a non-binding Memorandum of Understanding (“MOU”) with Shwe Taung Development Co., Ltd (“Shwe Taung”), one of the most prominent corporations in Myanmar, to explore entering into a joint venture to set up a precast plant in Myanmar. Under the MOU, Robin Village and Shwe Taung are proposing a joint venture company (“JV Co”) to establish and operate a precast plant to supply precast components to construction projects in Myanmar. The plan is for Robin Village to hold 30% of the issued share capital of the JV Co and provide precast technical support, project based design and other technical supervision services to the JV Co on an arm’s length basis. The MOU is timely and comes on the back of the Myanmar Ministry of Construction’s plan to build more than one million houses nationwide over the next 20 years1. Residential construction accounts for 51%, or US$1.5 billion, of Myanmar’s total construction output. In Yangon alone, the demand for affordable housing is 200,000 units every year, whereas only 20,000 units are supplied every year2.   |
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yinvest
Member |
07-Feb-2013 23:37
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In business, no risk = no/low return. what is important is how prudent the management is. Also, this is not their first project in China. with their 'pre-cast' factory fully in operation, am expecting better result then last year. Am invested and invest at your own risk.     |
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edwinjup
Master |
07-Feb-2013 21:10
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Actually I intend to invest in.tiong seng but when I saw the news that they inject more.money to their sub in Tianjin...I called a quit....doing business in China is not easily...I prefer they concentrate their business in asean ... | ||
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