Tiong Seng Holdings has done share buybacks so frequently this year that it's hard not to notice.

peklianguan 1Pek Lian Guan, CEO of Tiong Seng Holdings. NextInsight file photoLast month (Sept) was a particularly busy buying period for the construction and property development company which made purchases on 10 out of 20 trading days. 

The Sept purchases totalled 1,789,200 shares, accounting for 37% of the 4,795,700 shares it had bought since the start of the year.

The share price has been trending upward, from 22.5 cents to 36 cents.


The purchases may be viewed within the following context: 

Stock price 

36 c

52-week range

21 – 38 c

PE (ttm)

7.6

Market cap

S$162 m

Shares outstanding

449.2 m

Dividend 
yield (ttm)

2.2%

Year-to-date return

60%

Source: Bloomberg

1. Tiong Seng's earnings this year is set to be the best in five years.

Its 1H2017 net profit of $14.3 million was only a whisker away from the 
$15.3 million achieved for the entire 2016.

The 1H2017 earnings exceed the performance of the full years 2013, 2014 and 2015.


2. Its Net Asset Value, as at end-June 2017, was 58.87 cents.

For more: 


Share Prices

Counter NameLastChange
AEM Holdings3.0700.010
Alliance Mineral0.3500.010
AusGroup0.036-0.001
Avi-Tech Electronics0.460-
Best World Int.1.340-0.020
China Sunsine0.900-0.005
CWG International0.1500.002
DISA Limited0.014-0.001
Dutech Holdings0.340-
Federal Int. (2000)0.400-0.020
Food Empire0.6550.010
Geo Energy0.2550.005
Golden Energy0.385-0.005
GSS Energy0.1680.012
Heeton Holdings0.565-
ISOTeam0.340-
KSH Holdings0.780-0.005
Lian Beng Group0.700-0.010
Miyoshi0.075-0.001
Nordic Group0.5550.015
Oxley Holdings0.625-0.010
REX International0.054-0.001
Riverstone1.030-
Roxy-Pacific0.540-
Serial System0.165-0.005
Sing Holdings0.450-
Sino Grandness0.2050.005
Straco Corp.0.815-0.005
Sunningdale Tech1.8700.010
Sunpower Group0.5100.005
The Trendlines0.1480.001
Tiong Seng0.380-0.015
Trek 2000 Int.0.280-
Uni-Asia Group1.230-
XMH Holdings0.240-
Yangzijiang Shipbldg1.5200.010

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 774 guests and no members online