Thakral
Posted:
Tue May 26, 2009 1:54 pmby Poles
read from the yesterday papers, they have 120M cash on hand and they switching away from distribution into properties & infrastructure.
what are your views on such cash rich penny company?
http://www.singaporelawwatch.sg/remweb/ ... medium=rss
Re: Thakral
Posted:
Mon May 10, 2010 6:28 pmby millionairemind
May 10, 2010, 5.35 pm (Singapore time)
Thakral's Q1 profit up on electronics, sale of China building
By ANGELA TAN
Thakral Corporation Ltd said its net profit for the first quarter of 2010 rose 153 per cent compared to a year ago to S$2.01 million.
This included a net gain of S$1.5 million from the disposal of a building in Chengdu, China, an increase in financial income and foreign exchange gains in Q1FY10.
Revenue was up 13 per cent at S$111.03 million due to improved sales at its consumer electronics distribution business, especially in Hong Kong.
Re: Thakral
Posted:
Mon May 10, 2010 10:34 pmby newbieinvestor
thakral is proposing a cash distribution of 5 cents. It's a good time to buy now.
Re: Thakral
Posted:
Tue May 11, 2010 12:29 amby Zed18
newbieinvestor wrote:thakral is proposing a cash distribution of 5 cents. It's a good time to buy now.
I'm a little concerned about where the cash for the distribution will be coming from. They need $130m for the exercise but only have $121m in holding with relatively little receivables. Is the sale of Gateway shares not reflected in the balance sheet or am I making a newbie mistake when reading the report?
Re: Thakral
Posted:
Tue May 11, 2010 9:45 amby Poles
millionairemind wrote:May 10, 2010, 5.35 pm (Singapore time)
Thakral's Q1 profit up on electronics, sale of China building
By ANGELA TAN
Thakral Corporation Ltd said its net profit for the first quarter of 2010 rose 153 per cent compared to a year ago to S$2.01 million.
This included a net gain of S$1.5 million from the disposal of a building in Chengdu, China, an increase in financial income and foreign exchange gains in Q1FY10.
Revenue was up 13 per cent at S$111.03 million due to improved sales at its consumer electronics distribution business, especially in Hong Kong.
i thought Singh has decided to diversify from electronics to property....so whatever made here not much meaning...
Re: Thakral
Posted:
Tue Dec 14, 2010 6:10 pmby LenaHuat
I know next to nothing about Thakral but post this here because I wanna highlight that the expected IRR is around 20% for Australian residential property development:
Thakral Corporation is taking a bigger step into the real estate industry and plans to set up a joint venture (JV) for property investments.
The company is focusing on the residential sector in Sydney and Melbourne, Australia. It will be taking direct stakes in projects, and will also seek participation from other co-investors.
Thakral is eyeing projects with an internal rate of return of 15-25 per cent, and an investment horizon of one to three years.
Thakral plans to form a JV for its property investments, and it will hold a 51 per cent stake in it. The JV should be up by Q1 next year.
Re: Thakral
Posted:
Wed Mar 01, 2017 8:43 pmby behappyalways
Thakral reports 93% fall in FY16 earnings to $0.4 mil in FY16
http://www.theedgemarkets.com.sg/articl ... 4-mil-fy16
Re: Thakral
Posted:
Sun Aug 06, 2017 8:58 pmby behappyalways
thakral-1h-earnings-surge-27-mil-higher-margins-declares-interim-dividend-2-cents-share
https://www.theedgesingapore.com/thakra ... ents-share
Re: Thakral
Posted:
Wed Aug 30, 2017 3:22 pmby behappyalways
thakral-sell-hong-kong-properties-74-million-booking-34-mil-net-gain
https://www.theedgesingapore.com/thakra ... l-net-gain
Re: Thakral
Posted:
Sun Oct 01, 2017 3:54 pmby behappyalways
thakral-acquires-2-more-properties-build-resort-styled-retirement-homes-australia
https://www.theedgesingapore.com/thakra ... -australia