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Tuesday, February 6, 2007

Tung Sing stock price is on the all time high.






Tuan Sing stock price is doing well, this can be mean the company business is doing well as the stock volume had improve recently. Further on if the business can continue to well the stock price is believe to going even higher than now, Tuan Sing have not been perform well in the past six years in the stock price and the company business. The managment have do their best in restructing and re-engineering the company business & finance. Part of Tuan Sing business also support Singapore's construction sector as they can provide service in civil engineering services and infrastructure works. beside that they have other business sector. Hope to see more potential in the company business and the company stock price.

http://www.google.com/finance?q=T24&hl=en - Tung Sing on Google finance.


Link to company Website:-
http://www.tuansing.com/

AUDITORS
Deloitte & Touche
BACKGROUND
The Company was incorporated on 13 March 1969 as Hytex Ltd to manufacture polypropylene bags. It turned public on 2 May 1973. Following some financial difficulties and restructuring, the Company became an investment holding company on 20 September 1983 under its present name.The Group's primary business activities are property, technology and industrial services.The Property Division focuses on investment and development of prime residential, commercial, industrial and hotel properties in Singapore, China and Australia. TSH is a recognised quality developer of residential housing in both Singapore and China. The Group also holds a 25 percent stake in the Grand Hotel Group, a public listed company that owns luxury and mid-market hotels in Australia.The Technology Division consists of TS Technologies and its two subsidiaries Gul Technologies and TS Matrix. The publicly listed Gul Technologies, 60 percent owned by Tuan Sing Holdings, is a global printed circuit board manufacturer with operations in Singapore, China and the USA. TS Matrix, wholly owned by TSH, engages in semiconductor component testing and assembly in Malaysia.The Industrial Services Division consists of three core businesses: Marketing Services, Engineering Services and Manufacturing. Almost all of these activities are carried out under SP Corporation Limited (formerly SPP Limited), Tuan Sing Holding's 80 percent listed subsidiary. Marketing Services include the distribution of tyres and auto products, as well as the trading of selected industrial products like chemicals, oil, coal, rubber, metal and machinery in Asia. Engineering Services include civil engineering work, as well as geotechnical and environmental investigation and monitoring in Singapore and selected regional markets. Manufacturing activities consist of tyre retreading, tyre mould manufacturing and the production of polypropylene packaging bags.
Summary
Tuan Sing Holdings Limited is a Singapore-based company whose principal activities are industrial services, technology, property, retail, as well as corporate and others. The industrial services segment trades and distributes industrial products, tyres and auto related products; provides civil engineering services, infrastructure works, geotechnical instrumentation and investigation, environmental services and manufactures polypropylene woven bags, tyre mould and related products and tyre retreading. The technology segment manufactures and sells double-sided and multi-layered printed circuit boards, and conditions, tests and assembles semi-conductor components. The property segment develops properties for sale, property investment, provides property management, property consultancy and hotel management services. The retail segment distributes and markets golf and golf-related lifetsyle products; manages golf driving ranges and teaching schools and provides other golf-related services.

Noble Group may start a new trend stock movement.




There is indication that stock price may change the trend from the previous bearish trend. This is due to most of the market stocks are overweight in stock price that cause investors to focue on stock like Noble Group. Previously company insider trade on a few block purchase of stock but no Fund managers interested to purchase the stock during that time. commodities price may rise on the help of rising oil price. I try to have a record on what I have researched.
Reference and Article:-
http://www.google.com/finance?q=SIN%3AN21 - Noble group on Google finance.

Link to Internet Website:-
http://www.thisisnoble.com

AUDITORS
Ernst & Young
BACKGROUND
Noble Group Limited was incorporated in Bermuda in 1994. Noble is Hong Kong-based, Singapore-listed and is a market leader in managing the global supply chain of agricultural, industrial and energy products. With 2004 revenue of US$8.6 billion, the Group operates a network of over 65 offices in 35 countries serving more than 3500 customers.
Summary
Noble Group Limited is an investment holding company in Singapore. The Company, through its subsidiaries, is principally engaged in managing global supply chain of agricultural, industrial and energy products; ship ownership, chartering and the provision of technical ship management services, and trade finance and coal mining. Noble Group Limited operates in two business segments: supply of raw materials, and vessel chartering and related operations. The supply of raw materials segment comprises the Company's businesses of supplying industrial and agricultural raw materials and commodities, coal mining and transport resources. The vessel chartering and related operations segment comprises Noble Group Limited's ship ownership, chartering and the provision of technical ship management services. As of October 23, 2006, DBSN Services Pte. Ltd. held a 37.47% interest in the Company. In November 2006, the Company acquired Sino Agri-Trade Pte Ltd and Great Wall Investments Pte Ltd.

联合早报网 zaobao.com - 财经新闻

The information and analysis provided here does not constitute investment advice and the blog owner shall not be liable for any monetary losses or other material losses incurred as a result of using information from this blog.