Tritech to soar soon

Posted by albertlaw > 2014-01-07 23:07 | Report Abuse

On Nov 25 at NTUC centre,in 2013,the CEO was there and analysts at SISAS gave a T.P of 88cts..Tritech came from from a high of about 72cts to a low of about 25 cts before it stablished > 33 cts in Nov 2013 after outlook that it may report a loss...discounted as price has since move above 40cts..proposed listing of its limestone biz,awards from contracts at new Thomson line MRT -0the CEO assured investors will give higher dividends after the spin off expected soon..once the 1 for 2 stocksplit and the 2 free bonus warrants after the split is approved(proposed on Sept 27 2013),Tritech will soar Research says there is a " huge price-value gap" in TriTech stock Reaffirming our Views We invited Tritech Group Limited (Tritech) to our Chinese seminar two days ago and the management shared with our audience some of their recent developments. At the same time, we also visited their quarry in Malaysia to get a better understanding about the current operations. In all, we are comfortable with the company?s operation and reckon that there is a huge price-value gap, if Tritech?s plans can bear fruits. We maintain our price target of S$0.880. For the engineering division, Tritech has a stable order book of about S$83m, most of which are public sector jobs. The management reiterated on their underground specialty as an avenue for future growth and we believe this division will generate stable cash flow for the Group. For the water division, Tritech is constructing a mega membrane processing plant with five factories in Qingdao. Management envisage themselves to be a one-stop membrane related center and capable of providing engineering works on water and wastewater treatment plants, management of treatment plants and production of purifier and bottled water. They currently have 16 patented products which they intend to manufacture as the factories get completed. They also recently acquired Anhui Clean Environmental Biotechnology Co. Ltd to leapfrog their position in the water treatment business in China. We visited Terratech Resources? quarry last week and saw the actual extraction of marble from the hills. Tritech has begun production on Hill 2B and Hill 3 and we reckon that they can expand the capacity by about four fold towards the end of next year. Though we are left impressed with Tritech?s venture into the water and resource businesses, we noted that the water division is still at the start-up stage and we need to see if Tritech can sell their products in China and other markets. The same applies to the marble division. That said, the division recently entered into contracts to sell marble and related products worth about S$17.95m to China. About the company: Tritech has three business divisions namely the engineering, water-related and resources divisions. Engineering Division ? Giving the Foundation: This division is Tritech?s core and primary division and it specializes in the area of geotechnical, ground and structural engineering services. There are five key subsidiaries within this business, all of which are involved in different phases of the projects. Currently, the group has about S$83m order book and approximately 91% are derived from various public sector projects. Major customers include JTC Corporation, LTA, PUB, DSTA, URA and others. During the presentation, Tritech also reiterated their underground specialty which is currently being used for the storage of crude oil and LNG and infrastructure development such as MRT. Future possible usage include data centre, incineration plant, water treatment plant, landfill and others. At the same time, the company is developing new techniques to improve productivity and investing in new equipment. This business has been a cash cow for Tritech, generating stable cash flow for the company to venture into new businesses. Another Cash Cow in the Making: For the water-related division, Tritech is involved in 1) membrane and membrane-related products, 2) water treatment engineering business and 3) water and environment protection activities.

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10 comment(s). Last comment by albertlaw 2014-04-02 15:13

albertlaw

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Posted by albertlaw > 2014-01-10 10:13 | Report Abuse

Bought 150lots again at 48cts..approval soon..many fresh factors ..impending listing of its subsidiary on SGX and 1 for 2 stock split...plus 2 bonus warrants

albertlaw

287 posts

Posted by albertlaw > 2014-01-17 21:58 | Report Abuse

Lucky this morning add another 100@45cts

ritech Group (SGX: 5NL) jumped 7% to S$0.41. The geotechnical, ground, and structural engineering services provider had announced last Friday evening that it intends to seek a listing on the Catalist stock exchange in Singapore for certain subsidiaries of its limestone business.

Back in September last year, Tritech had initially wanted to seek a listing for the same subsidiaries on the Stock Exchange of Hong Kong Limited but has since changed its mind. The limestone business subsidiaries are involved with the quarrying, extraction, and production of dimension stones and other marble-related products.

Tritech would have to obtain shareholder and regulatory approvals for its proposal to list on the Catalist exchange. It also highlighted the fact that the listing ?is in its preliminary stages?and that there?s no guarantee that regulatory approvals will be granted. The company would be updating the investing public in due course.

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Alert Admin
GRANT OF AWARD TO ANHUI CLEAN ENVIRONMENT BIOTECHNOLOGY CO. LTD. IN CHINA

The Board of Directors of Tritech Group Limited (the ?Company? and together with its subsidiaries, the ?Group?) refers to the Company?s announcements dated 29 August 2013 and 7 November 2013 in relation to the Company?s acquisition of its wholly-owned subsidiary, Anhui Clean Environment Biotechnology Co. Ltd (?ACEB?) located in Hefei, Anhui Province, the People?s Republic of China (?PRC? or ?China?).

The Company is pleased to announce that ACEB has been awarded the ?Distinguished Design Enterprise of Environmental Engineering For Year 2013 In China? award on 19 December 2013 (the ?Award?).

ACEB has a wide range of licenses for operating different businesses in China, including a Class A Design License for environmental projects in China with unlimited tender capacity issued by the Ministry of Housing and Urban-Rural Development of the PRC and a Class A Design License for Industrial waste water treatment in China with unlimited tender capacity issued by Ministry of Environmental Protection of the PRC.

The Group is of the view that there is significant growth potential in the areas of design and consultancy for the environmental and wastewater treatment fields in the PRC and intends to strengthen its capabilities in these areas as part of its development of its water-related business segment in the PRC. The grant of the Award is believed to be a milestone for the Group in its achievement of its business objective. The strengthening of the Group?s capabilities in the area of design and consultancy for the environmental and wastewater treatment fields is also expected to generate new revenue streams for the Group and enhance the Group?s financial performance in the near future.



By Order of the Board

Wang Xiaoning
Managing Director
24 December 2013

albertlaw

287 posts

Posted by albertlaw > 2014-01-21 17:14 | Report Abuse

See Trietch run up in Aug 2013,,will history repeat?

TUESDAY, AUGUST 13, 2013

Tritech - 107.5%

http://stockmarketmindgames.blogspot.../label/tritech






Did anyone had insider news on Tritech 2 days back? The stock gap up to a high of 107.5% today! Since the insider longed it 1 year back, then why is it that it gap up today? Why not Oct last year? Did anyone had a clue? I think I know why, but too sensitive to post. I will share it during my next seminar.

Ronald K - Market Psychologist - The Big Speculator

albertlaw

287 posts

Posted by albertlaw > 2014-01-23 23:37 | Report Abuse

Originally Posted by eightgolden8 View Post
Tritech Update
Thursday, 23 January 2014


Update for Tritech 23th Jan 2014 - Tritech is doing super well in
this climate of market selling down. It has managed to continue to
trend upwards and close well today at 52.5 cents couple with
good volume is rather positive to drive the prices higher. All 3
indicators are still pointing upwards which may provide the
momentum to push the price higher. Immediate resistance will be
at 54 cents. Look to see if it is able to clear 54 cents with high volume
in order to move up to 59.5 cents.

(trade base on your own decision)

Singapore Online Opportunity: Tritech

So eightgolden5 yr profits more than doubled now with Tritech at 52.5cts,,when u think is good to take profit( at what price) since you're v familiar with this Tritech

albertlaw

287 posts

Posted by albertlaw > 2014-01-28 00:16 | Report Abuse

Originally Posted by xfactor View Post
Dow liow sai...

It may aoffer chance for people to enter at a lower

Technically it looks great....

..today done 50-50.5 never dropped below 50cts

albertlaw

287 posts

Posted by albertlaw > 2014-02-19 17:51 | Report Abuse

EGM on 3 March

a share split of every one (1) existing ordinary share in the capital of the Company (" Share " ) held by the shareholders of the Company (? Shareholders ?) on a books closure date to be determined by the Board prior to the effecting the Proposed Bonus Warrants Issue (as defined below) (? Share Split BCD ?) into two (2) Shares , fractional entitlements to be disregarded, and upon the completion , up to 386,574,593 new Shares (? Additional Shares ?) will be issued (the " Proposed Share Split " ) and

(ii) following completion of the Proposed Share Split and the issue of the Additional Shares pursuant thereto , an issue of bonus warrants (the ? Proposed Bonus Warrants Issue ?) of up to 386, 574 ,593 non - renounceable bonus warrants (the ? Warrants ?) on the basis of one (1) Warrant for every two ( 2 ) Share s held by the Shareholders on a books closure date to be determined by the Board (which shall be after the completion of the Proposed Share Split and the issue of the Additional Shares pursuant thereto ) (? Bonus Warrants BCD ?), fractional entitlements to be disregarded

if u got one lot, after split, u got 2 lot, for every 2 lot, u will get 1 lot of wrt.

albertlaw

287 posts

Posted by albertlaw > 2014-02-26 23:31 | Report Abuse

Tritech's future earnings look promising. As at Nov 5 2013, has an order book of $83.4mil.The group announced on Dec 2 ,30 Dec 2013 and 15 Jan 2014 contracts worth $7.8mil,,$1.5mil and $3.75mil.Also on 4 and 5 Feb contracts worth $8.1 mil and $4.5mil for Thomson Line. The manufacture of water treatment membrane in Qingdao was completed in July 2013 and has commenced production and sales. Marble business worth $16mil was announced in 2013.The proposed listing of its wholly owned subsidiary-marble business on SGX instead of Hong Kong,will boost its shares price prior to ex-all

albertlaw

287 posts

Posted by albertlaw > 2014-03-03 15:29 | Report Abuse

Very unique 2 different ex -dates..first time in history..take note...after the stocksplit ex on 11 March the company will note with yr current 1 share becomes 2 u must not sell ..can only sell after March 24 before warrant is your entitlement
( Date: 03-Mar-2014 15:05) Posted:

Ex date 11 March for stocksplit and ex date for warrant 24 March..listing of Marble business by first half of 2014 will give share price and listing of warrants a boost..Jeffery Wang was in PRC so Professsor Yong took over as chairman reveal more URA contacts on the way,may consider mainboard listing after spinoff of marble business..warrant 5 year expiry date but can convert only 6 mths after listing at 20cts exercise price.Tritech as potential has they are specialist in the underground engineering structure and Singapore next developments will be under the ground-eg the reservoir at Bidicari cementry,,Prof Yang himself has 400,000 shares in the company and claimed Jeffery is in PRC to suprvise the successive implementation of the watertreatment/membrane business..many of the people from Asian Corporate Advisior who advise this stocksplit cum bonus are there to answer questions...alll generally agree the stocksplit and bonus warrant is in the interest of the company...they serve their VAVIE mineral water but no beers and the usual cakes and pastries

albertlaw

287 posts

Posted by albertlaw > 2014-03-14 18:41 | Report Abuse

Change in capital :: Share subdivision :: Completion of the proposed share spilt

--------------------------------------------------------------------------------

ISSUE AND ALLOTMENT OF 386,574,593 ADDITIONAL SHARES PURSUANT TO THE COMPLETION
OF THE PROPOSED SHARE SPLIT BY THE COMPANY OF EVERY ONE (1) SHARE INTO TWO (2) SHARES
__________________________________________________ ___________________________________

Unless otherwise defined, all terms and references used herein shall bear the same meanings ascribed to
them in the Company’s circular to its shareholders (“Shareholders”) dated 14 February 2014 (“Circular”)
and announcements dated 27 September 2013, 3 October 2013, 29 January 2014 and 3 March 2014 (the
“Announcements”) in relation to, inter alia, the Proposed Share Split and Proposed Bonus Warrants Issue.

The Board of Directors of the Company refers to the Announcements and the Circular and wishes to
announce that the Company has today completed the Proposed Share Split of every one (1) Share into two
(2) Shares pursuant to which 386,574,593 Additional Shares were allotted and issued to entitled
Shareholders (being persons registered in the Register of Members of the Company and Depositors whose
Securities Accounts are credited with Shares as at the Share Split Books Closure Date) on the basis of the
number of Shares registered in their names or standing to the credit of their Securities Accounts as at the
Share Split Books Closure Date. Following completion of the Proposed Share Split, the issued share capital
of the Company has increased from 386,574,593 Shares to 773,149,186 Shares.

All the Additional Shares arising from the Proposed Share Split rank pari passu with each other and with the
existing Shares and will be entitled for the Proposed Bonus Warrants Issue. Shareholders are not required
to make any payment to the Company in respect of the Proposed Share Split.

BY ORDER OF THE BOARD
Wang Xiaoning
Managing Director

12 March 2014

http://infopub.sgx.com/FileOpen/Ann_...&FileID=288060
__________________

albertlaw

287 posts

Posted by albertlaw > 2014-04-02 15:13 | Report Abuse

Got profit take first talk later..my neighbour bought 100lots Tritech split into 100 lots total 200 Tritech Group shares and entitled to 100 lots bonus warrants ..many are confused and even brokers themselves are confused..entitled to 100 warrants or 50 warrants..check your cdp the safest..I have 50lots becomes 100 mother shares and 50warrants..glad to sell in the morning 0.065-0.066 for those who depend on info/notification by cdp,by the time u receive the info warrants < 0.060 liao

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