TPV

[freedom]

low margin business, low return on asset, low return on equity, nothing sexy. but cheap.

recent financial snapshot:

eps 5.13 (USD cent)

dividend 1.54 (USD cent, 30% payout ratio in the last 5 years)

price: 32 cents (SGD, 1.79 HKD in HKEx)


recent corporate activities:

acquired Philips TV business globally (except China, US and some other countries) through joint venture with Philips (70% 30%), Philips China TV business was bought by TPV in 2010, so not included in the new JV.



last night, LG reported good earning thanks to good LCD TV sales. Will TPV benefit too from better LCD TV sales and margin?

not induce to trade, do your own research.

[freedom]

JV with CEC Panda for G10 TFT-LCD production line, the most advanced TFT-LCD production line.

seems that TPV is going full-ledged for LCD TV.

it also has another manufacturing factory near to BOE's G8.5 production line.

[mkmk]

http://infopub.sgx.com/FileOpen/TPV.ashx...eID=260412

TPV issues Profit Warning for their FY13Q3 results


(not vested)

[CityFarmer]

Another profit warning in recent FY2015, due to foreign currencies...

(not vested)

PROFIT WARNING

The board of directors (the ‘‘Board’’) of the Company wishes to inform the shareholders of the
Company (the ‘‘Shareholders’’) and potential investors that based on the preliminary
assessment of available information, the Company and its subsidiaries (collectively, the
‘‘Group’’) is expected to record a loss attributable to owners of the Company in the range of
USD80 million to USD100 million for the nine months ended 30 September 2015, compared to
a loss of USD9.4 million in the same period of 2014. The loss in the nine months ended 30
September 2015 was due to the weakening of Euro, Brazilian Real and Russian Ruble against
US dollar in the beginning of the year, followed by the recent abrupt decline in Brazilian Real
and Renminbi, and the weakness in TV demand in some overseas markets, especially in
Europe
...
http://infopub.sgx.com/FileOpen/TPV.ashx...eID=373537