TLC landlease3.18In Singapore: TLC Modular supplies its Vietnam factory-assembled bathroom modules to the Paya Lebar Quarter development project of Lendlease. Photo: Company This morning, we are flying up with several analysts to Vietnam for an update on how SHS Holdings' prefab business is progressing, in particular the expansion of its production facilities. 

SHS's 60%-owned subsidiary, TLC Modular, has a prefab modular factory, and has been building a new one.

In the past year, the factory has been busy with some NZ projects (See: )


Stock price 

19.6 c

52-week range

19.3 – 19.6 c

PE (ttm)

-- 

Market cap

S$134 m

Shares outstanding

685 m

Dividend 
yield (ttm)

1.0%

1-year return

- 10%

Source: Bloomberg

From the factory on the outskirts of Ho Chi Minh City, modular parts -- such as bathrooms -- of hotels and apartments have been produced and shipped out. 

The modules came with mechanical and plumbing work and even internal electrical wiring.

HenryNg Robert3.18File photo of SHS's CEO Henry Ng with Robert Stone, a substantial shareholder of SHS, on a visit to TLC Modular's factory. 
This looks like a new business about to take wings (while SHS's other businesses -- corrosion prevention, and engineering & construction -- operating out of Singapore make some recovery from the doldrums). 

Look out for our report and pictures from Ho Chi Minh City!


Share Prices

Counter NameLastChange
AEM Holdings1.070-0.010
Alliance Mineral0.170-
Anchor Resources0.018-
AusGroup0.029-
Avi-Tech Electronics0.290-
Best World Int.1.890-0.040
China Sunsine1.2300.020
CSE Global0.520-
Food Empire0.5550.010
Geo Energy0.1800.003
Golden Energy0.220-0.005
GSS Energy0.1010.001
HMI0.545-0.005
ISDN Holdings0.2300.005
KSH Holdings0.530-0.015
Miyoshi0.0560.004
Moya Asia0.088-
Nordic Group0.3250.005
Oxley Holdings0.295-0.005
REX International0.0790.001
Riverstone1.080-0.030
Roxy-Pacific0.410-
Sing Holdings0.405-
SingMedical0.460-0.010
Sino Grandness0.055-0.001
Straco Corp.0.780-
Sunningdale Tech1.3400.010
Sunpower Group0.525-0.010
The Trendlines0.0860.001
Tiong Seng0.2450.005
Uni-Asia Group1.180-
XMH Holdings0.185-
Yangzijiang Shipbldg1.580-0.020

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 2441 guests and no members online