”What’s beneficial for our customers is this: We can have the same number of workers there doing more than one type of work. Currently, the customers use several sub-contractors. One sub-contractor has 30 men, another has 100 men, yet another has 20 men. Each sub-contractor concentrates on one type of service. As a result, there are many workers in the plant, which plant owners don’t really want for safety reasons and other reasons. They want the headcount to be down.”
-- Chang Yeh Hong |
”What’s beneficial for our customers is this: We can have the same number of workers there doing more than one type of work. Currently, the customers use several sub-contractors. One sub-contractor has 30 men, another has 100 men, yet another has 20 men. Each sub-contractor concentrates on one type of service. As a result, there are many workers in the plant, which plant owners don’t really want for safety reasons and other reasons. They want the headcount to be down.”
-- Chang Yeh Hong |
Revenue | Net Profit | (Optional) |
US$2.8 b -5.4% |
US$91.8 m +55.0% |
8.6 c +56.0% |
Revenue | Net Profit | (Optional) |
$186.8 m -5.4% |
$8.8m +55% |
8.6 c +10% |
Stock price | 40.5 cents |
52-week range | 34 – 94 cents |
PE (ttm) | 8.9 |
Market cap | S$45 million |
Shares outstanding | 111.28 million |
Dividend yield (ttm) |
7.9% |
Net asset value/share | 58.8 cents |
Source: Bloomberg |
Stock price | 40.5 cents |
52-week range | 30-50 cents |
PE (ttm) | 8.9 |
Market cap | S$45 million |
Shares outstanding | 111.28 million |
Dividend yield (ttm) |
7.9% |
Net asset value/share | 58.8 cents |
Source: Bloomberg |
Revenue + 24% |
Net Profit +14% |
NAV per share +4% |
1Q2016: S$100m 1Q2015: S$50m |
1Q2016: S$100m 1Q2015: S$50m |
End-1Q2016: 10c End-1Q2015: 8c |
.....................Existing capacity (tonnes)......After TBBS expansion (tonnes)
|
|
|
Higher grade |
|
|
TBBS....................25,000..................................... |
55,000 |
|
DCBS......................8,000......................................8,000 |
|
|
DPG........................8,000......................................8,000 |
|
|
sub-total................41,000....................................71,000
|
|
|
Lower grade CBS......................22,000......................................22,000 |
|
|
MBTS....................20,000.....................................20,000 |
|
|
TMTD......................4,000.......................................4,000 |
|
|
sub-total.................46,000.....................................46,000
|
|
|
Grand total.............87,000...................................117,000 |
|
|