Tinci Share Discussion Threads

[21trader] 22/12/2014 08:13

market makers certainly lost out opening down 50% makes a change to see them
get burned !

[21trader] 22/12/2014 08:11

Early buyers had their early xmas present !

[mrshaungcm] 22/12/2014 08:11

In view of the above, and in order to provide Shareholders with a definitive option for exit, Mr. Xu Jinfu, Tinci's Chief Executive Officer and who has an interest in 63.3 per cent. of the Company's Ordinary Shares, has agreed with the Board to purchase the Ordinary Shares that he does not already own at the price of 20p per Ordinary Share (which is at a significant premium to the current trading price of 4.38p) , conditional on the Company delisting from AIM and re-registering as a private company. To facilitate this Mr. Xu has agreed to deposit ₤600,000 into an escrow account managed by Computershare Investor Services PLC to fund the purchase ofthe Ordinary Shares held outside Hong Kong and China (the "Facility"). The Facility will be made available to Shareholders on the Company's share register with addresses outside of Hong Kong or China, currently totalling 2,950,041 Ordinary Shares. It is anticipated that the full amount of the funds will be deposited into the account prior to the date of the General Meeting, but, should this be delayed for any reason, the General Meeting will be adjourned in accordance with the articles of association of the Company until such time as the full amount is deposited. After the Cancellation is approved at the General Meeting or any adjournment thereof, the Company intends to retain the services of its registrars to administer this purchase of Ordinary Shares after the Cancellation. Once this service has been arranged, details will be made available to Shareholders on the Company's website www.tinciholdings.com.

[stegrego] 22/12/2014 08:09

No one twigged yet that you can sell them for 20p?????

[21trader] 22/12/2014 08:07

Wondered why the buying I see further down the biggest holder has offered
to pay 20p for what he does not own did the mm's not see that far down ?

I'd be reluctant to chase it though given it's Chinese I'd have my doubts
on anything being as easy as it sounds

[21trader] 22/12/2014 07:54

Held them for ages but bailed when it got back up to 6's. AIM is on it's knees
they are rapidly losing companies which is good because most of them are bad anyway.

[tradermel] 22/12/2014 07:41

Shame I used to quite like trading this one ... and its goodbye to my favourite director, Mr Wang Keer. Hope there are no holders here.

[taf420] 12/9/2014 10:51

12p next week

[21trader] 12/9/2014 10:09

Not sure why people are selling.

Tell me if I have made a mistake but without a provision profits would be up 150%
and new contracts for 100 mil RMB.

[21trader] 12/9/2014 10:00

TINCI HOLDINGS LTD
INTERIM RESULTS
FOR THE 6 MONTHS ENDED 30 JUNE 2014

Tinci Holdings Ltd. (the "Company" or "Tinci") (TNCI), the AIM quoted environmental engineering company, today announces its unaudited interim results for the six months ended 30 June 2014.

Highlights:

§ Turnover of RMB 66.0 million against RMB 30.3 million in the first half of 2013.

· It remains difficult to win profitable new projects. Two major new projects won in the half year.

§ Loss before tax of RMB 2.03 million (2013: Profit before tax of RMB 2.23 million) after additional provision of RMB 7 million against receivables.

· Company continues to concentrate on developing Flue Gas Desulphurisation ("FGD") joint ventures in niche markets.

Commenting on the results David Steeds, Chairman, said;

"Turnover for the first six months of 2014 showed a substantial improvement on the corresponding period in 2013. However, it is still difficult for Tinci's core FGD business to win new contracts at reasonable margins. A thorough review of receivables led to an increase in receivables provisions of RMB 7 million, which has adversely impacted the result for the period. The management team continues to keep costs under control so as to maintain profit margins.

We were delighted to win contracts for RMB 75 million with Lanzhou Petrochemical Fertilizer Plant and for RMB 29 million with Baotou Power Plant during the period.

The management continues to work on a number of joint ventures with our established partners in niche markets, particularly with China National Petroleum Corporation."

[21trader] 12/9/2014 09:59

TINCI HOLDINGS LTD
INTERIM RESULTS
FOR THE 6 MONTHS ENDED 30 JUNE 2014

Tinci Holdings Ltd. (the "Company" or "Tinci") (TNCI), the AIM quoted environmental engineering company, today announces its unaudited interim results for the six months ended 30 June 2014.

Highlights:

§ Turnover of RMB 66.0 million against RMB 30.3 million in the first half of 2013.

· It remains difficult to win profitable new projects. Two major new projects won in the half year.

§ Loss before tax of RMB 2.03 million (2013: Profit before tax of RMB 2.23 million) after additional provision of RMB 7 million against receivables.

· Company continues to concentrate on developing Flue Gas Desulphurisation ("FGD") joint ventures in niche markets.

Commenting on the results David Steeds, Chairman, said;

"Turnover for the first six months of 2014 showed a substantial improvement on the corresponding period in 2013. However, it is still difficult for Tinci's core FGD business to win new contracts at reasonable margins. A thorough review of receivables led to an increase in receivables provisions of RMB 7 million, which has adversely impacted the result for the period. The management team continues to keep costs under control so as to maintain profit margins.

We were delighted to win contracts for RMB 75 million with Lanzhou Petrochemical Fertilizer Plant and for RMB 29 million with Baotou Power Plant during the period.

The management continues to work on a number of joint ventures with our established partners in niche markets, particularly with China National Petroleum Corporation."

[21trader] 12/9/2014 09:39

I agree and said so on my thread. It's so illiquid that any one sided trade sees either big jump or big fall in the price. Interims might well surprise.

[jumbone] 12/9/2014 09:34

The total number of shares in issue: 52,950,041 Ordinary Shares of 1p each (No shares are held in treasury).

The percentage of shares that are not in public hands: approximately 94.5%

According to the company's website

So...

Free Float = 5.5 % = 2,912,252

This when moves up. will be explosive.

Looks like interims are due any time now.

Hence the 250K buy yesterday.

Financial Highlights as per the last interim results on 23 May 2014:



§ Total revenue of RMB 99.3 million (2012 - RMB 56.3 million)



§ Profit before tax of RMB 1.66 million (2012 - Loss of RMB 2.90 million)



§ Profit after tax of RMB 0.37 million (2012 - Loss of RMB 2.96 million)


All indications are the financial highlights for H1 of 2014 could be dramatic.

Lets wait and see...

I am sure 21Trader will call it ramping, but, hey, I find opportunities to make money and promote them, so that PIs can make a decent return on their investments.

[21trader] 12/9/2014 08:41

Where do these idiots come from 21994 buys and holds for 8 minutes and
sell for a loss. Could you not even wait for interim results next week :-))

Unbelievable.

[21trader] 12/9/2014 08:28

Very illiquid. Up and down on tiny trades but somebody bought 250k so I think
some good news will be coming soon.

[21trader] 12/9/2014 08:16

Whoosh !!!!!!!!!

Was worth the wait and these are cheap. Could be worth 3-4 times current price
and not be expensive.

[21trader] 11/9/2014 19:30

Noticed the rise earlier and thus a 250k buy at 5p. Nothing for months and I mean nothing and a huge buy out of the blue. This might be a flyer again soon.

[21trader] 08/6/2014 12:36

THREAD CLOSED

[21trader] 04/6/2014 11:19

Another small buy and still mm's not playing here.

[21trader] 04/6/2014 10:50

Anybody left here except me ?

Still have fair value around 12-15p

[21trader] 30/5/2014 11:04

lol one 6500 buy at that price and offer right back up to 5.9p

[21trader] 29/5/2014 08:46

5.45p to buy nice low price was 6.8p 15 mins ago

[21trader] 29/5/2014 08:36

lol

I thought all those small buys yesterday might be one person trying to push
up the price looks like they have just sold for a big loss.

[21trader] 29/5/2014 08:22

Great start but I still have some kind of fair value at over double the current
price. Market cap of 6-7 million about right market cap now 3 million

[21trader] 28/5/2014 13:14

What a spread even online it's around 1.4p