HTL

[safetyfirst]

Aiya, high chance they need to do a rights issue lor!

[Behappyalways]

How a Singapore family firm making sofas is changing

http://www.bbc.com/news/business-28682710

[Harvest Time]

How a Singapore family firm making sofas is changing

http://www.bbc.com/news/business-28682710

HTL result is out.

http://infopub.sgx.com/FileOpen/HTLQ2201...eID=309642

[rijk]

it's kind of quiet here

looking at low p/tbv companies, this one comes out at 37%??? does that sound right??

i have a mc of 406 million shares @ S$0.21 = S$85 million @ 1.40 = US$60 million

tbv = US$ 161 million   mc/tbv = 37%

why does htl use us$ as their reporting currency?

how much of the company is owned by phua? what's the difference between bem holdings and raffles nominees?

thanks in advance

regards
rijk

[greengiraffe]

it's kind of quiet here

looking at low p/tbv companies, this one comes out at 37%??? does that sound right??

i have a mc of 406 million shares @ S$0.21 = S$85 million @ 1.40 = US$60 million

tbv = US$ 161 million   mc/tbv = 37%

why does htl use us$ as their reporting currency?

how much of the company is owned by phua? what's the difference between bem holdings and raffles nominees?

thanks in advance

regards
rijk

I made a lot of $ in HTL back in early 2000s. However, since the day when they bought a European furniture retailer, HTL's earnings has been highly volatile since.

I m really clueless on how to estimate HTL earnings.

HTL probably stood for Huat Tat Liao... looks like want to Huat further oso quite tough...

Odd Lots Vested
GG

[rijk]

thanks gg

what are you saying here?
"looks like want to Huat further oso quite tough"

natuzzi is a european competitor, also struggling, doing worse than htl
http://www.gurufocus.com/stock/NTZ

current valuation probably reflects china slow down? but should a profitable company really be valued at 37% tbv?

regards
rijk

[greengiraffe]

thanks gg

what are you saying here?
"looks like want to Huat further oso quite tough"

natuzzi is a european competitor, also struggling, doing worse than htl
http://www.gurufocus.com/stock/NTZ

current valuation probably reflects china slow down? but should a profitable company really be valued at 37% tbv?

regards
rijk

Go ahead and squat if u deemed it undervalued. How to value and project HTL is more an art than a science...

[Nebula]

HTL has just announced that it has signed an MOU with Guangdong Yihua Timber Industry Co., Ltd.
(“GDYH”), in relation to potential corporate transaction(s), which may be assets/shares
related, aimed at realising value for all shareholders of the Company

http://infopub.sgx.com/FileOpen/HTL2015A...eID=375050

[touzi]

HTL has just announced that it has signed an MOU with Guangdong Yihua Timber Industry Co., Ltd.
(“GDYH”), in relation to potential corporate transaction(s), which may be assets/shares
related, aimed at realising value for all shareholders of the Company

http://infopub.sgx.com/FileOpen/HTL2015A...eID=375050

The MOU is signed between BEM and GDYH. Could it be that BEM is considering to sell its stake? Will this result in a takeover offer for other shareholders?

[beau]

HTL has just announced that it has signed an MOU with Guangdong Yihua Timber Industry Co., Ltd.
(“GDYH”), in relation to potential corporate transaction(s), which may be assets/shares
related, aimed at realising value for all shareholders of the Company

http://infopub.sgx.com/FileOpen/HTL2015A...eID=375050

Could someone kindly explain what this means? And why has the stock price almost doubled over the afternoon?