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Transfer from nominee to cdp signals a buyout? I dun believe it.

(13-07-2016, 09:03 PM)pianist Wrote: [ -> ]Transfer from nominee to cdp signals a buyout? I dun believe it.

fair, we are just speculating here,

it's positive move as Boss Teo gives a hint or 2 before good news are announced!

normally accredited investor pays large amount of custodian fee if keeping with financial institution rather than CDP, rite?

(14-07-2016, 11:46 PM)valuebuddies Wrote: [ -> ]normally accredited investor pays large amount of custodian fee if keeping with financial institution rather than CDP, rite?

i would think that these fees are waived off due to accredited investor's account, which may have profitable transactions.
Like a RM's service like that... or privileged banking..etc..

One thing interesting about Mr Teo's recent shares transfers is that the nominee account involved was not specified.
AFAIK, he has always declared that information in the previous transfers (CIMB, Hong Leong Finance, Bank of East Asia).

Fellow buddies any guess why would the nominee accounts in the most recent two transfers be important enough to be kept confidential?

secret stashes of TTJ stocks around?

hit 42cts today, looks like good news coming leh! oppss... bad news actually!

The Board wishes to inform shareholders that the Group has been notified by the Building and
Construction Authority (the “BCA”) that as the site where the Terusan Dormitory is located will be
affected by re-development works, the BCA has not granted the Group’s application for a renewal for a
further term of the tenancy for the Terusan Dormitory. Currently, the Terusan Dormitory houses
approximately 5,300 workers and is the only workers dormitory operated by the Group.

5300 ---> 500

The Board also wishes to inform shareholders that the Group has been successful in securing the tender
for the management and operation of an existing foreign workers dormitory situated at Upper Jurong
Road (the “Jurong Dormitory”). The tenancy for the Jurong Dormitory will be for approximately three
years commencing on 1 August 2016 and ending on 30 July 2019. The Jurong Dormitory has a capacity
of approximately 500 workers.

The Group’s Dormitory business contributed approximately 20.3% or S$19.1 million of the Group’s
revenue for FY2015. Accordingly, the non-renewal of the Terusan Dormitory is expected to have a
material impact on the Group’s financial and operating results for the financial year ending 31 July 2017
(“FY2017”). The Jurong Dormitory is not expected to have a material impact on the Group’s financial
and operating results for FY2017

Non-renewal of Tenancy for Foreign Workers Dormitory at Terusan Lodge I

TTJ Holdings Limited wishes to inform shareholders that the Group has been notified by the Building and Construction Authority (the "BCA") that as the site where the Terusan Dormitory is located will be affected by re-development works, the BCA has not granted the Group’s application for a renewal for a further term of the tenancy for the Terusan Dormitory. Currently, the Terusan Dormitory houses approximately 5,300 workers and is the only workers dormitory operated by the Group.
...
The Group's Dormitory business contributed approximately 20.3% or S$19.1 million of the Group's revenue for FY2015. Accordingly, the non-renewal of the Terusan Dormitory is expected to have a material impact on the Group's financial and operating results for the financial year ending 31 July 2017 ("FY2017"). The Jurong Dormitory is not expected to have a material impact on the Group's financial and operating results for FY2017.

More details in http://infopub.sgx.com/FileOpen/Announce...eID=413502

NON-RENEWAL OF TENANCY FOR FOREIGN WORKERS DORMITORY AT TERUSAN LODGE I 

http://infopub.sgx.com/FileOpen/Announce...eID=413502

...


The Board wishes to inform shareholders that the Group has been notified by the Building and
Construction Authority (the “BCA”) that as the site where the Terusan Dormitory is located will be
affected by re-development works, the BCA has not granted the Group’s application for a renewal for a
further term of the tenancy for the Terusan Dormitory. Currently, the Terusan Dormitory houses
approximately 5,300 workers and is the only workers dormitory operated by the Group.

The Board also wishes to inform shareholders that the Group has been successful in securing the tender
for the management and operation of an existing foreign workers dormitory situated at Upper Jurong
Road (the “Jurong Dormitory”). The tenancy for the Jurong Dormitory will be for approximately three
years commencing on 1 August 2016 and ending on 30 July 2019. The Jurong Dormitory has a capacity
of approximately 500 workers.

The Group’s Dormitory business contributed approximately 20.3% or S$19.1 million of the Group’s
revenue for FY2015. Accordingly, the non-renewal of the Terusan Dormitory is expected to have a
material impact on the Group’s financial and operating results for the financial year ending 31 July 2017
(“FY2017”). The Jurong Dormitory is not expected to have a material impact on the Group’s financial
and operating results for FY2017.


...

question is, can we expect another 8cts payout?!