
oh no... going up tomolo??? cheh...
The Group registered total gross profit of about $7.0m for 4Q FY2012 which was 32.7% higher than the corresponding period of the prior 4Q FY2011, and total gross profit of about $20.4m for 12M FY2012 which was 20.6% higher than the prior 12M FY2011, in tandem with the improved revenue.
Gross profit for Equipment Rental business increased by about 33.8% to approximately $4.3m for 4Q FY2012 and increased by about 17.2% to approximately $12.8m for 12M FY2012, as compared to the respective prior periods. The increased was mainly due to improved contribution from overseas subsidiaries and expanded fleet size, as well as improvement in rental rates in the 4Q FY2012.
Gross profit from Trading business increased by about 31.1% to approximately $2.7m for 4Q FY2012, and increased by 27.1% to approximately $7.5m for 12M FY2012, as compared to the respective prior periods, mainly due to higher volume of crane traded.
Net Profit After Tax
A review of the performance of the group, to the extent necessary for a reasonable understanding of the group's business. It must include a discussion of the following:-
The Group registered total revenue of about $38.7m for 4Q FY2012 which was 13.9% higher than the corresponding period of the prior 4Q FY2011, and total revenue of about $129.2m for 12M FY2012 which was 20.8% higher than the prior 12M FY2011. The increase in total revenue was mainly due to increase in both rental and trading revenue.
Revenue from Equipment Rental business increased by 24.2% to approximately $11.7m for 4Q FY2012 and increased by about 20.0% to approximately $40.1m for 12M FY2012, as compared to the respective prior periods, due to improved contributions from overseas subsidiaries and an expanded fleet size in the group, as well as improvement in rental rates in the current quarter.
Revenue from Trading business increased by 9.9% to approximately $27.0m for 4Q FY2012, and increased by 21.2% to approximately S$89.1m for 12M FY2012, as compared to the respective prior periods, mainly due to higher volume of crane traded.
Name of Dividend: Final
Dividend Type: Cash
Dividend Rate: 0.55 cents per ordinary shares
Tax Rate: Tax exempt (1-tier)
  http://sinheng.listedcompany.com/newsroom/20120828_180233_KF4_1F5DC5D48CD478DE48257A680030A4A7.1.pdf
this counter HOT today!
sin heng halts!!!
looking at prior price it is going up, so the halt may bring good news just watch out for those " fast hands fast legs" speculators, cheers
surge from 194 to 205 and retreat 199...dunno why...
its alive!
mai koon leh...mai bo sia...chiong leh
increased SSH stake in Sin Heng..gd sign..
CompanySubstantial Shareholder / DirectorFrom (%)To (%)
SIN HENG HEAVY MACHINERY LTD  TAL Holdings Pte. Ltd.  23.46 28.11
Sin Heng is good for those who see the growth prospect in Myanmar.
It was quite a laggard during the past few weeks.
 
I think  can buy  Sin Heng today.
Entry: $0.225 to $0.235
Stop-Loss: $0.199
More on my Blog at Alex Trades.
Good luck.
 
23c ..that's 15%..
patience pays off..
 
now 22c.. up 10% if entered @ 20c..
gd luck dyodd
 
ozone2002 ( Date: 24-Jun-2012 13:59) Posted:
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Quite a nice volume traded today after being sluggish for some time.
 
Maybe later cheong because this stock about slow reaction compare to Yoma and Interra which are alway front runner
ozone2002 ( Date: 27-Jun-2012 12:14) Posted:
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up 5 % today.. :)
yoma interra all have moved..i don't see why this myanmar play won't move..
patience..
dyodd gd luck!
height00 ( Date: 26-Jun-2012 11:21) Posted:
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Whatever happens in Europe and the USA, Myanmar is going to grow very fast.
 
No moving for past 3days
 
ozone2002 ( Date: 24-Jun-2012 13:59) Posted:
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entry level 20c..pull back quite a bit
gd luck dyodd..
sinheng could be getting a boost from toyota investment. Toyota opening new plant in myanmmar