Tat Hong   

Tat Hong Growing to a Global Player

Not sure why this one is just not performing

 

 

Haha, thanks for your rules of 5, very easy to remember..

DnApeh      ( Date: 11-Sep-2009 12:13) Posted:



if you are short term gambler like me, remember the rule of 5s.

105 cut loss.

115 immediate resistance.

125 real resistance, if this one clear, then 155. If 125 doesn't clear, also better to clear.

 

wa..  good profit for you..  looks like doom for me cos i bought at 1.13...  keeping my fingers crossed...

star-trader      ( Date: 11-Sep-2009 12:25) Posted: Short-term, I am out at 1.12 for 1.06 price.. rgds, star-trader DnApeh      ( Date: 11-Sep-2009 12:13) Posted: if you are short term gambler like me, remember the rule of 5s. 105 cut loss. 115 immediate resistance. 125 real resistance, if this one clear, then 155. If 125 doesn't clear, also better to clear.

 

thanks very much for the information, DnApeh...  appreciate it very much..  :)

DnApeh      ( Date: 11-Sep-2009 12:13) Posted: if you are short term gambler like me, remember the rule of 5s. 105 cut loss. 115 immediate resistance. 125 real resistance, if this one clear, then 155. If 125 doesn't clear, also better to clear. Alligator      ( Date: 11-Sep-2009 12:10) Posted: snapper, if you are "investing' for long term, perhaps u can read an ex-SJ forumer who had very detailed analysis. if u want the link, pls pm me

 

Short-term, I am out at 1.12 for 1.06 price..

rgds,

star-trader

DnApeh      ( Date: 11-Sep-2009 12:13) Posted: if you are short term gambler like me, remember the rule of 5s. 105 cut loss. 115 immediate resistance. 125 real resistance, if this one clear, then 155. If 125 doesn't clear, also better to clear. Alligator      ( Date: 11-Sep-2009 12:10) Posted: snapper, if you are "investing' for long term, perhaps u can read an ex-SJ forumer who had very detailed analysis. if u want the link, pls pm me

 

if you are short term gambler like me, remember the rule of 5s.

105 cut loss.

115 immediate resistance.

125 real resistance, if this one clear, then 155. If 125 doesn't clear, also better to clear.

Alligator      ( Date: 11-Sep-2009 12:10) Posted: snapper, if you are "investing' for long term, perhaps u can read an ex-SJ forumer who had very detailed analysis. if u want the link, pls pm me Snappers      ( Date: 11-Sep-2009 12:05) Posted: hi DnApeh, i bought yesterday tat hong at 1.13..  can i seek your help on the outlook for this counter?  thanks...

 

snapper, if you are "investing' for long term, perhaps u can read an ex-SJ forumer who had very detailed analysis.

if u want the link, pls pm me

Snappers      ( Date: 11-Sep-2009 12:05) Posted: hi DnApeh, i bought yesterday tat hong at 1.13..  can i seek your help on the outlook for this counter?  thanks... DnApeh      ( Date: 10-Sep-2009 14:36) Posted: i just bought

 

hi DnApeh, i bought yesterday tat hong at 1.13..  can i seek your help on the outlook for this counter?  thanks...

DnApeh      ( Date: 10-Sep-2009 14:36) Posted: i just bought. Snappers      ( Date: 10-Sep-2009 14:34) Posted: anyone eyeing on this counter?  thinking of buying at the price of 1.14 now...  any advice?  thanks in advance..

 

wow!  you aiming this counter too?  i queued at 1.13..  hope to get it..

DnApeh      ( Date: 10-Sep-2009 14:36) Posted: i just bought. Snappers      ( Date: 10-Sep-2009 14:34) Posted: anyone eyeing on this counter?  thinking of buying at the price of 1.14 now...  any advice?  thanks in advance..

 

i just bought.

Snappers      ( Date: 10-Sep-2009 14:34) Posted: anyone eyeing on this counter?  thinking of buying at the price of 1.14 now...  any advice?  thanks in advance..

 

anyone eyeing on this counter?  thinking of buying at the price of 1.14 now...  any advice?  thanks in advance..

 

Tat Hong is still in the down trend , ADX is going down  at 23 ,  share price is below 30 MA n may not make a reversal  yet . A local magazine just published an article regarding Tat Hong operation n financial report . It may not have any impact on its share price in  next week trading . The supportis at $1.04 now .

star-trader      ( Date: 30-Aug-2009 10:35) Posted: Tat Hong, A stock to watch next week, mon-fri -> one of these 5 days... It is just waiting for volumes and momentum for another height.. SOBAYOR, rgds, star-trader

 

Tat Hong, A stock to watch next week, mon-fri -> one of these 5 days... It is just waiting for volumes and momentum for another height..

SOBAYOR,

rgds, star-trader

 

 

TAT HONG POSTS NET PROFIT OF S$10.6 MILLION IN 1QFY2010
- Revenue declines 37% to S$120 million
   o Impacted by slowdown in Equipment Sales and lower revenue contribution from General  
      Equipment Rental;
   o Marginally offset by 49% increase in Tower Crane revenue
- Gross profit margin improves to 39.4% in 1QFY2010
- Net gearing remains stable at 0.53 times as at June 30, 2009

 

Yes, it is not easy to reach international dominance. So far, I can only think of Coca Cola company, Procter and Gamble company, Macdonalds' company, Sony Corporation, Royal Dutch/ Shell Group, Nestle, Mitsubishi, Hitachi and Toyota Motors as some of the companies having far reaching international dominance.

 

dun forget Caterpillar from US...

today result release beat estimate.

 

Yes. It is already one of the largest crane companies around. I'm looking at it growing further to expand it's presence in even more countries so that when next time any customers worldwide wants to buy cranes or rent cranes, they will straight away think of only buying or renting from Tat Hong. This is international dominance, somthing like Coca Cola company which has thorough international presence in the sales of it's beverages.  

ROI25per      ( Date: 21-Jul-2009 11:02) Posted: i thought it is already no 1.?

 

Thanks a lot jeremyow, it is useful for me.

jeremyow      ( Date: 21-Jul-2009 10:53) Posted: It is not easy to forecast accurately the future of any company. What we investors can do is only make our forecast based on current and past financial figures (from their annual reports) and business performance of the company so far. Tat Hong has been in it's business for more than 10 years already and has since grown into now a global player. It has also weathered a few financial downturns before and still stands. It has actively expanded it's business into Australia (by acquiring the Tutt Bryant group and other smaller crane and heavy machinery companies) and is now looking at expanding into China. It has established it's presence in Australia already and plans to do so for China too. Now, it is working on a joint venture with Fushun Yongmao Construction Machinery company in China to establish it's presence in China. It is going to be a competitive showdown in China with the many crane and heavy machinery companies operating there. However, to be successful in business to become the market leader, the company has no choice but to compete agressively or else it will never be able to grow it's business to a new level.  As China's government is starting more infrastructure and construction projects in China, there will be a lot of potential business opportunities for Tat Hong and it's other competitors in the years to come. Tat Hong is already changing it's business model more into rental than sales, so this should provide more stable recurring income for the years to come. I look at Tat Hong as an evergreen company that has stand established through the years since it started and has gone through tough times and still endures. This speaks of the management's capability to maintain the growth of it's business through good and bad times. Much still remains to the results of the expansion of it's business into China. Let's hope this company continues to endure and grow it's business further. I think Tat Hong may have potential to become a world market leader in the sales and rental of cranes and heavy machinery parts business if it can continue to grow it's prescence strategically globally.  <Just my two cents worth. Nobody can predict accurately the future of a business. We can only make an intelletual guess based on the company's current and past performance and hope our guess is correct in future.>

 

i thought it is already no 1.?

 

It is not easy to forecast accurately the future of any company. What we investors can do is only make our forecast based on current and past financial figures (from their annual reports) and business performance of the company so far. Tat Hong has been in it's business for more than 10 years already and has since grown into now a global player. It has also weathered a few financial downturns before and still stands. It has actively expanded it's business into Australia (by acquiring the Tutt Bryant group and other smaller crane and heavy machinery companies) and is now looking at expanding into China. It has established it's presence in Australia already and plans to do so for China too. Now, it is working on a joint venture with Fushun Yongmao Construction Machinery company in China to establish it's presence in China. It is going to be a competitive showdown in China with the many crane and heavy machinery companies operating there. However, to be successful in business to become the market leader, the company has no choice but to compete agressively or else it will never be able to grow it's business to a new level. 

As China's government is starting more infrastructure and construction projects in China, there will be a lot of potential business opportunities for Tat Hong and it's other competitors in the years to come. Tat Hong is already changing it's business model more into rental than sales, so this should provide more stable recurring income for the years to come. I look at Tat Hong as an evergreen company that has stand established through the years since it started and has gone through tough times and still endures. This speaks of the management's capability to maintain the growth of it's business through good and bad times. Much still remains to the results of the expansion of it's business into China. Let's hope this company continues to endure and grow it's business further. I think Tat Hong may have potential to become a world market leader in the sales and rental of cranes and heavy machinery parts business if it can continue to grow it's prescence strategically globally. 

<Just my two cents worth. Nobody can predict accurately the future of a business. We can only make an intelletual guess based on the company's current and past performance and hope our guess is correct in future.>