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TRIO-TECH INTERNATIONAL V.TRT


Primary Symbol: TRT

Trio-Tech International is a diversified business company with interests in semiconductor testing services, manufacturing and distribution of semiconductor testing equipment, and real estate. Its segments include Manufacturing, Testing, Distribution, and Real Estate. Manufacturing segment develops and manufactures a range of test equipment used in the front-end and back-end manufacturing processes of semiconductors. Its equipment includes leak detectors, autoclaves, centrifuges, and boards. Testing segment provides comprehensive electrical, environmental, and burn-in testing services to semiconductor manufacturers in its testing laboratories in Asia. Distribution segment distributes complementary products made by manufacturers around the world. The products include environmental chambers, mechanical shock and vibration testers, and other semiconductor equipment. Real Estate segment generates rental income and investment income from real estate investments made in Chongqing, China.


NYSEAM:TRT - Post by User

Post by 1BestPickson May 02, 2011 5:48pm
383 Views
Post# 18519682

2 Carramba TRT Future

2 Carramba TRT Future



Carramba, you say your a novice investor;  as such, TRT is probably not for you.

 

Take a look at Strike STK.

 

In regard to your questions; I will pass on the farming questions, because TRT will probably sell Feronia (FRN) in the very near future.

 

FRN is undervalued and recently did a private placement @ 65 cents.

 

TRT owns 17 million FRN shares, valued at 65 cents = $11 mil.

 

TRT has 150 mil shares out = 7.3 cents per share.

 

FRN does not want TRT to sell FRN shares on the open market, nor distribute them to TRT shareholders, nor sell them to a hostile group.

 

FRN management would like to get control over the TRT block of FRN shares.

 

I suspect FRN management will place the TRT block of FRN shares with an long term institutional investor. FRN board would approve such a placement and release TRT of the obligation not to sell. This is in the long term interest of FRN.

 

If TRT sells FRN shares at 65 cents, TRT gets $11 million cash.

 

TRT management has a lot of contacts and they could easily get a large advanced African mining project with proven reserves.

 

TRT would use its cash to bring the reserves to 43-101 compliance.

 

All this would substantially increase TRT stock price.

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