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Tat Hong Holdings

Results

Tat Hong records third straight quarter of loss in FY18

SINGAPORE (Feb 13): Tat Hong Holdings reported its third straight FY18 quarter in the red with a loss of $2.3 million compared to the $1.2 million profit in 3Q17.

Results

Tat Hong's 2Q losses narrow to $2.8 mil on improved gross profit

SINGAPORE (Nov 14): Tat Hong Holdings saw its losses for the 2Q18 ended Sept nearly halve to $2.8 million from its reported loss of $5.4 million in 2Q17, mainly due to an improvement in gross profit and share of profit from associates and joint ventures (

Tat Hong says in talks linked to securities transactions

SINGAPORE (Sept 21): Tat Hong Holdings says it has been approached by certain parties in connection with its securities transactions after it saw unusual trading volume and significant increase in its share prices.

Broker's Calls

OCBC ceases coverage of Tat Hong on worries over overall recovery

SINGAPORE (Sept 20): OCBC is ceasing coverage on crane rental firm Tat Hong Holdings on prolonged worries with the group’s overall recovery and internal reallocation of resources.

Broker's Calls

Tat Hong kept at ‘hold’ by OCBC as outlook remains mixed

SINGAPORE (17 Aug): OCBC is maintaining its “hold” rating on Tat Hong Holdings with a fair value of 37 cents.
From Google Drive

Results

Tat Hong 1Q losses widen 42% to $5.1 mil

SINGAPORE (Aug 14): Tat Hong Holdings reported 1Q losses widened to $5.1 million in 1Q18 from $3.3 million in 1Q17.

Results

Tat Hong swings back to profitability in 3Q

SINGAPORE (Feb 14): Crane rental company Tat Hong Holdings has swung back to profitability in 3Q with earnings of $0.2 million, thanks to higher operating income, a one-off gain on disposal and lower operating costs.

Broker's Calls

Tat Hong retreated 6.5 cents after announcing a rights issue. What seems to be the problem?

SINGAPORE (Nov 16): Tat Hong Holdings announced a renounceable underwritten 1-for-5 rights issue to raise $41.1 million after trading hours on Monday. On Tuesday, the stock lost 6.5 cents, or 14.3% of its share value, to close at 39 cents.

Results

Tat Hong sinks in 2Q losses; proposes rights issue to raise $41 mil

SINGAPORE (Nov 15): Crane operator Tat Hong Holdings sank into 2Q losses of $5.4 million, or 0.86 cents per share, compared to earnings of $4.4 million a year ago on .

Market Close

STI closes 0.8% lower at 2,870.03

SINGAPORE (Sept 9): The Singapore market ended lower on Friday, following negative leads from both the US and the rest of Asia.
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