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boss no around so can cheap cheap sell! drop pants price, quick quick buy!
FTdrag ( Date: 28-Aug-2021 01:10) Posted:
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has it cheong yet? how come got another forum
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=5155& recordCount=60
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=5155& recordCount=60
luckyfa ( Date: 07-Jul-2021 12:31) Posted:
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' Wait and see' stance for Avi-Tech as it grapples with chip shortage
RHB Group Research' s Jarick Seet has maintained his " neutral" call on Avi-Tech Electronics after it saw a 41.7% drop in profit after tax & minority interests (PATMI) in its FY2020 ending June 30.In a Aug 25 report, Seet gave an unchanged target price of 42 cents, saying that the drop was due to the drop in its high-margin burn-in revenue.
This, in turn, stemmed from the chip shortage in the automotive sector. Seet writes, " we expect the chip shortage to last until 2QFY2022, and prefer to adopt a wait-and-see approach for now. The end of this shortage should be crucial for the recovery of its burn-in business."
He adds that any upside will likely happen only in 2HFY2022, and as such " the outlook for the company' s burn-in business should remain muted."
On the other hand, he says " a silver lining" can be found in Avi-Tech' s manufacturing and engineering segments, which grew by 27% and 13% YoY in FY2021. Seet believes this strong momentum will likely continue into FY2022.
Despite the temporary downturn, he thinks that the company' s balance sheet is sturdy enough to withstand this and enable the company to still pay " attractive dividends" to shareholders.
Avi-Tech declared an interim dividend of 0.5 cents a share, bringing its payout for FY2021 to 1 cent per share. " Management has always rewarded shareholders with attractive dividends, and Avi-Tech has a net cash buffer to do so, despite a drop in profitability, Seet highlights, " Going forward, we expect its FY2022 yield to be about 5% yield."
Other than its attractive yield, Seet notes that Avi-Tech is actively exploring M& A opportunities and hopes to close a deal in the near future.
" Any potential earnings-accretive M& As should be a positive for its growth outlook. With a net cash balance sheet and good dividends, we think that the company should navigate short-term headwinds easily."
He thinks its net profit may even rebound in 2HFY2022, when the chip shortage lessens or is cleared.
As at 10.52am, shares of Avi-Tech were trading at 40 cents, with a FY2022 forecasted price to book ratio of 1.3 and dividend yield of 5%.
this one only for short trading, faster in faster out.
Neglected counter..... Time for its cheong!!!!!.... Bery long neck into this one liao😅
Hope this next potential counter to chong 'like mad'... 🚀 🚀 🚀
Time to rise.... Stay put put for too long....
SinoThai1688 ( Date: 18-May-2021 16:42) Posted:
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Got chance to privatise ?
Avi-Tech Announcement - MAS regulation.ashx (sgx.com)
Avi-Tech Announcement - MAS regulation.ashx (sgx.com)
luckyfa ( Date: 18-May-2021 16:16) Posted:
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When this going to move up?.....Solid solid leh.....
Think should be on the 'starting line ready to drive fast up'.... Agreed not much float...Have been slowly accumulated quite an amount😁 .....
Secret_Squirrel ( Date: 27-Apr-2021 10:00) Posted:
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This stock not much shares on the market. Share price easier up if any Tom, Dick or Harry start buying.
luckyfa ( Date: 27-Apr-2021 09:38) Posted:
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Sleeping stock but thunk time to wake up liao...🚀 🚀 🚀
Another highly potential counter... Semiconductor, EV... Booming... Very likely this spark too.....
luckyfa ( Date: 05-Apr-2021 20:39) Posted:
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Time to wakeup lo!!!😁
Quiet for so long leh.... Moving up time?
Avi pressed down for sometime already..... Think should be time it rebound....😁 loaded up some.....
Today price drop 5.5 cents, close at 42 cents.
I notice the volume quite high today , 3906.2 K.
it was the 2nd highest volume within the past 12 months.
Only 10000 shares shorted at a value of $4250.
Seems that the person who tried to short this share today isn' t doing well.
Moral of the story is not to short this stock.
I notice the volume quite high today , 3906.2 K.
it was the 2nd highest volume within the past 12 months.
Only 10000 shares shorted at a value of $4250.
Seems that the person who tried to short this share today isn' t doing well.
Moral of the story is not to short this stock.
bicboi ( Date: 10-Feb-2021 14:55) Posted:
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never read their financial results? you read you will know lo
luckyfa ( Date: 10-Feb-2021 10:16) Posted:
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Likely to be...company in good profit too... Hope see turnaround strongly soon....
Cherryredbibi ( Date: 10-Feb-2021 09:40) Posted:
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What happened today? Bcos Low dividends declared?