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Avoid this counter as the downside target is at $1.05
tea444u ( Date: 10-Jul-2013 17:14) Posted:
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...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:
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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:
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| 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:
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Falling for the 5th day. Still red red while the others are enjoying a rebound. Support at $1.20 ???
Despite OCBC's downgrading to a HOLD, Tat Hong remains as the one of the top picks for 2013 in a strategy report by CIMB dated 26/6. It is still one of the 5 small/mid cap picks in DBS's Wired Daily. Both houses have a same target price of $1.80.
Tat Hong really boost my profit .............thnx
...it is good & importance to have independent view & make own decision in share investing and not sway by any one....
.derekchong ( Date: 26-Jun-2013 16:47) Posted:
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when OCBC call hold or sell,
its the time to buy and accumulate.
Time to take profit
Since our last upgrade on Tat Hong (“Poised for Recovery”, 9/1/2012), the group’s crane fleet grew by ~20% (in tonnage), utilization rate by 5 ppt and rental rates by an estimated 10-15%, resulting in a 66% jump in FY13 PATMI. In our view, the easy money has already been made. Investors who have heeded our call would have made 45% return in 1.5 years and should now consider taking some profit.
Looking ahead, the macro environment looks increasingly uncertain with sluggish data points coming out of China. Tat Hong’s crane fleet expansion is also expected to slow after a 79% surge in crane tonnage over the past five years.
Finally, there is a possible share overhang resulting from private equity AIF Capital’s conversion of convertible preference shares to 53.3m ordinary shares. Downgrade to HOLD with lower FV estimate of S$1.31 (previously S$1.75). ...Last Done: $1.225...
Chia Jiunyang - OCBC
no ninty cts no buy.
down very fast today, durain picking season coming.