ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Year Profit/(loss) Equity NAV per share

1999 3,740 16,491 * proforma
2000 2,644 31,492 * IPO at $0.20: 56,600,000 Invitation Shares, comprising Shares,
2001 681 32,095 comprising 33,800,000 New Shares and
2002 4,648 36,091 22,800,000 Vendor Shares= raise $6.7m
2003 3,011 39,117
2004 9,585 51,676
2005 8,528 60,922
2006 8,827 89,761 * Rights: 1 for 2 @ $0.21= raise $22.8m
2007 22,507 111,738
2008 27,963 136,693
2009 42,326 177,677
2010 23,927 229,492 * Issue 34m new shares at $0.83= raise $28m
2011 951 223,713
2012 (2,459) 226,176 95.70 * Rights : 1 for 4 @ $0.11= raise $10m
2013 18,311 240,611 102.44
2014 18,691 258,985 112.07
2015 11,212 268,787 116.50
2016 (9,990) 254,858 110.69 * Share consolidation 1 for 2
2017 (9,883) 247,588 106.23
2018 940 249,733 107.45
2019 2,911 252,320 108.65

Above is Tiong Woon financial performance since IPO, it can give us an fair assessment of how the company perform over a long period instead of being a typical investor whose memories are short!

I'm not sure I can even take a nap, let alone sleep (if I own Tiong Woon)

Look at their pathetic dividend, in this kind of cyclical industry
https://www.dividends.sg/view/BQM

(16-09-2019, 11:07 AM)pencilin Wrote: [ -> ]I think you guys did a great job to promote transactions in SGX. Please keep it up!

Hi Pencilin,
VBs have taken time and effort to share their information or insights on VB.com. Whether it is with merit or not, that is another matter. We discuss based on facts and figures here, and not simply knocking VB's efforts down with a single (sarcastic) statement like above.

I actually find it disgusting that VB's efforts are been degraded to an extent by your type of bashing 1-liner replies.

I actually want to ban you but considering Specuvestor's single rating for you and i personally believe you can contribute more - There is 1 last chance for you.

I hope you don't disappoint specuvestor or me.

Moderator

Would Tiong Woon be a direct beneficiary of SG Government's promotion and adoption of the PPVC (Prefabricated Prefinished Volumetric Construction) method of construction particularly for high-rise buildings, which will require the increased use of tower cranes, especially new cranes with much higher load capacity?

An old piece of news and HDB press release...
https://www.channelnewsasia.com/news/sin...to-9189786
https://www.hdb.gov.sg/cs/infoweb/press-...oductivity

It is relevant to note that URA has been pushing for the use of PPVC method of construction in its GLS (Government Land Sales) Programme for private condo projects. One recently completed example is The Clement Canopy jointly developed by UOL and UIC...
https://www.edgeprop.sg/property-news/dr...nstruction

(15-09-2019, 10:14 PM)GenS70 Wrote: [ -> ]Year            Profit/(loss)          Equity        NAV per share

1999           3,740                   16,491                            * proforma
2000           2,644                   31,492                            * IPO at $0.20: 56,600,000 Invitation Shares, comprising Shares,
2001              681                   32,095                              comprising 33,800,000 New Shares and
2002           4,648                   36,091                              22,800,000 Vendor Shares= raise $6.7m
2003           3,011                   39,117
2004           9,585                   51,676
2005           8,528                   60,922
2006           8,827                   89,761                           * Rights: 1 for 2 @ $0.21= raise $22.8m
2007         22,507                 111,738
2008         27,963                 136,693
2009         42,326                 177,677
2010         23,927                 229,492                           * Issue 34m new shares at $0.83= raise $28m
2011              951                 223,713
2012          (2,459)                226,176          95.70        * Rights : 1 for 4 @ $0.11= raise $10m
2013          18,311                240,611        102.44        
2014          18,691                258,985        112.07
2015          11,212                268,787        116.50
2016          (9,990)                254,858        110.69         * Share consolidation 1 for 2
2017          (9,883)                247,588        106.23
2018             940                  249,733        107.45
2019            2,911                252,320        108.65

Above is Tiong Woon financial performance since IPO, it can give us an fair assessment of how the company perform over a long period instead of being a typical investor whose memories are short!

Thanks for the compilation, if i were to own such a business as a minority shareholder, i think i would have difficulty sleeping at night. More importantly, i want to admit that i dont have access to confidential news of a GO, so i cant find a reason to buy the shares and hold it on for another 10 years. In the meantime, the company may do a rights issue, and take more money from me.

wow, the formating looks nice in my reply. Anyway, it would have been perfect if the dividend payouts are also included over the years.

A recent news report on Tiong Woon's new 49/51 j-v with Johor state-owned PDT Group to provide heavy lifting and transport services for the Petronas-sponsored RAPID Project in Pengerang, Johor...
https://www.heavyliftpfi.com/sectors/tio...for-rapid/

Earlier on Tiong Woon has invested in a Boom Booster kit from Terex for its Demag CC 8880-1 crawler cranes to upgrade the load capability of this biggest heavy-lift crane beyond 1,600 tonnes...
https://www.khl.com/international-cranes...57.article

In Oct18, Tiong Woon had cracked the Brunei market and established a local subsidiary there...
https://www.heavyliftpfi.com/news/tiong-...to-brunei/

At the tower crane front, Tiong Woon has placed orders for a total 30 super-heavy load 64-tonne tower cranes from 2 Chinese suppliers - Yongmao and Zoomlion...

1) 20 units of YONGMAO flat top STT1330 & STT1830
http://yongmao.com.cn/html/en/article_read_446.html

2) 10 units of ZOOMLION flat head T1200-64W
https://en.zoomlion.com/content/20a7fd73...ssRellease
https://www.facebook.com/zoomliontech/ph...66/?type=3

Sharing Kenneth Lai's tower crane photo portfolio on flickr...
https://www.flickr.com/search/?sort=date...view_all=1

Out of his 98 photos, there is more than a fair share from Tiong Woon's tower cranes, especially the new 64-tonne cranes.