28-11-2016, 08:11 PM
It is rather sad to see the posts quality has been degrading. It is mostly knowing the price of everything but the value of nothing. I guess refocusing on the value is critical for this forum to get back on its track
(28-11-2016, 08:11 PM)ksir Wrote: [ -> ]It is rather sad to see the posts quality has been degrading. It is mostly knowing the price of everything but the value of nothing. I guess refocusing on the value is critical for this forum to get back on its track
(29-11-2016, 01:02 PM)weijian Wrote: [ -> ](28-11-2016, 08:11 PM)ksir Wrote: [ -> ]It is rather sad to see the posts quality has been degrading. It is mostly knowing the price of everything but the value of nothing. I guess refocusing on the value is critical for this forum to get back on its track
hi ksir,
Thanks for the feedback. This forum is nothing without each and every "value" contributor to build the appropriate symbiotic conditions for the ecosystem to strive.
Some action has been taken on the previous post to reflect the above message.
(30-11-2016, 05:19 PM)brattzz Wrote: [ -> ]ok, let me try to add some value into this company,
Took time-off today to attend TTJ's AGM at RSM office! very posh and nice, though sound system not soo good!
good, strong turn-out of 100+ minor.shareholders,
Top 3 take-aways,
1) Invest in TTJ, equals to invest in Mr Teo (direct, experienced and steady control, Fire in belly still! )
2) "Take care of bottomline", See who is the PAYMASTER for contracts (top 3 client)
3) Actively bidding for contracts, paya lebar airbase, T5, PPVC projs, and TTJ Green Energy Pte Ltd
Issues discussed:
Q1) Why no 8 cts dividends??
A1) Need CAPEX money for,
1) New Office BUILDING - whole block
2) Conversion of old office to 300pax Dormitory for TTJ's OWN use only. Own employee stay
3) No increase in ton output/year production capacity.
Q2) Please discuss the dividends policy? why 1.7cts? (not 2 cts?) minor.shareholder say share went up to 47cts, then clash down to 38cts, he SHOULD HAVE SOLD!! hahaha!
A2) No fixed policy, just a guide of 20+% of profits only.
Q3) Order Book - Why No new projects???!!! :O
A3) Plenty of public projects in the pipeline, actively bidding, BUT, must see PAYMASTER and BOTTOMLINE FIRST!
A3) PPVC will be able to offer new growth as encourage by BCA/GOV (10-12 competitors)
A3) Paya lebar Airport shifting / T5 / BlastDoors for SMRT..etc
Q4) why do investment in equities?
A4) Old investments, hope to achieve more returns than banks... beat >5%...
Q5) Succession Plan? family member?
A5) Introduce COO, Mr Soma
A5) No family member in company. (Mr Teo's decision)
Q6) Special Biz Question relating to No.7. Authority to allot and issue new shares
Any plans for bonus share issues? Buy-outs offers, personal delist, exchange of shares with biz partners?
A6) From time to time, offers are there, but NO intend to sell, no intent to issue bonus shares, or exchanges of shares.
Mr Lim reply on behalf of Mr Teo.
Q7) SIAS Letter to Company, general questions,
this letter and replies will be published via SGX.
End of AGM,
Coffee time, 30 mins,
managed to speak to Mr Lim/Mr Leong/Mr Teo/Mr Soma/ Mr Rene (GM)
Quite candid,
1) Mr Teo has got 1 daughter only, he is 61 yrs old, no intent to retire YET!!
2) BE VERY selective NOW, when bidding contracts, be careful
3) Share price at 47cts is still NOT high enough... haha!
Quite a nice AGM, kinda enjoyed it, u must LIKE and TRUST Mr Teo, in order to invest in TTJ, else, it's better to just walk away..
Mr Lim, Lead ID, is also a very nice and experienced person, give him a LIKE!
(30-11-2016, 05:51 PM)brattzz Wrote: [ -> ]reason why i choose TTJ over Yongnam... is bcos of Mr Teo lah!
hope u sold urs 47cts!! huat har!!
(07-12-2016, 07:06 PM)cyclone Wrote: [ -> ]Updating ...
T T J Holdings Limited announced today that it has secured new contracts worth $12 million in Singapore and Malaysia. With these, the Group’s order book as at 07 December 2016 stands at $42 million
The new projects, a few of which the Group has already commenced work, are expected to be substantially delivered between FY2017 to FY2018.
In Singapore, T T J has secured another contract to supply and install the fixed gangway at Changi Airport Terminal 1, following its first Terminal 1 gangway project in October 2014. Separately, T T J has secured a contract to supply, fabricate and install structural steelwork at Choa Chu Kang Waterworks. The Group also clinched the job to supply a series of civil defence shelter doors for the MRT ThomsonEast Coast Line.
Over in Malaysia, the Group won a contract from a repeat customer to supply, fabricate and install structural steelwork for the refinery and petrochemical integrated development project in Pengereng, Johor. This marks the third job T T J has won for this mega project in Pengerang, Johor.