| Latest Forum Topics / InnoTek Last:0.675 -- |
 Post Reply
|
|
OEL OIL TURNABOUT THEMES?
|
|||||
|
Cadence88
Veteran |
14-Oct-2025 08:52
|
||||
|
x 0
x 0 Alert Admin |
Actually, the announcement on SGX net did not say there is Nvidia order win IEIT project yes.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
14-Oct-2025 08:15
|
||||
|
x 0
x 0 Alert Admin |
InnoTek surges on Nvidia order wins, hits three-year high
[SINGAPORE] Shares of mainboard-listed InnoTek : M14 +26.36% rallied on Monday (Oct 13) morning after news of the company clinching projects for Nvidia and Shenzhen-listed IEIT Systems.
The stock soared to a three-year high and hit S$0.68 as at 10.39 am, 23.6 per cent or S$0.13 above its Friday closing price of S$0.55, with some 8.4 million shares changing hands. It last traded higher in March 2022.
The supplier of high-precision disk drive components announced on Monday that two of its subsidiaries had clinched projects to produce components for Nvidia and IEIT Systems.
Its subsidiary Magix Mechatronics (Dongguan) Company had secured initial precision machining orders for components used in Nvidia products, with production expected to commence in Q4 FY2025.
Its other subsidiary, Sun Mansfield Manufacturing (Dongguan) Company, won a new project to produce metal casings and components for graphics processing unit servers for IEIT Systems, with manufacturing set to start in October.
IEIT Systems is a provider of data centre and cloud computing infrastructure listed on the Shenzhen Stock Exchange. It is part of the Chinese state-owned Inspur Group, which is the country&rsquo s largest server manufacturer and one of the top global suppliers by market share.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
newbie1118
Master |
14-Oct-2025 00:35
|
||||
|
x 0
x 0 Alert Admin |
I totally agree with you. I believed this counter will get the attention from a lot of brokerage firm too. A re-rating upwards just like Centurion can happen. Centurion stuck at 40cent for so long before come to life.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Alignment
Elite |
13-Oct-2025 22:49
|
||||
|
x 0
x 0 Alert Admin |
I' ve commented a number of times today already so will try not to repeat myself. I had two additional thoughts so far on today' s news. First, let' s not underestimate Innotek' s operational performance. To be able to survive in the Chinese EV supplier space means you are the best in the world in what you do. The competition in this arena is absolutely cutthroat and those who cannot compete get wiped out fast. The ones left standing work for thin margins but are sustained by volumes and if they are able to translate their abilities into adjacent sectors then the profits can be much greater, which is what has happened here and also what management are trying elsewhere too. Second, I have no idea how much these two revenue streams can be worth, but I don' t think it is too much of an exaggeration to say the sky really is the limit here. NVIDIA and IEIT are giants against which Innotek in comparison is like an ant. NVIDIA ' s mkt cap is over 30,000x Innotek' s so a nothing order from NVIDIA can still be life changing for Innotek. Importantly, Innotek has lots of spare capacity in its factories, so orders from these two parties can be filled with relatively low capex costs - it really is all profit upside. The share price uplift today is therefore in my mind simply taking back some of the no brainer element of the undervaluation inherent in the share. It now trades at book value, which to be clear still undervalues the business from a capital allocation standpoint given the big net cash component in the book value which is unnecessary for the operating business to function. Of course today' s share price move was triggered by the news, but from a valuation standpoint given how undervalued the company was before today in effect none of the upside is yet reflected if you look at this fundamentally. I have no idea what this upside is worth, but for starters the share price peak in the last five years was at $1 in 2021 and the opportunity today is much greater than it was then. |
||||
| Useful To Me Not Useful To Me | |||||
|
newbie1118
Master |
13-Oct-2025 16:03
|
||||
|
x 0
x 0 Alert Admin |
Buy some to support.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Cadence88
Veteran |
13-Oct-2025 14:05
|
||||
|
x 0
x 0 Alert Admin |
This is not a computer/server maker ... they make the metal casing for server only i think
|
||||
| Useful To Me Not Useful To Me | |||||
|
SmallSmall
Supreme |
13-Oct-2025 13:27
|
||||
|
x 0
x 0 Alert Admin |
This one just started to move only. Been stucked at the low while others are moving. Now it is Innotek' s nmturn to shine. Double Happiness....$1.00 ! CEO : " We are honoured to have been approved as vendors by both NVIDIA and IEIT. The Mansfield Group&rsquo s ability to meet the rigorous manufacturing standards of two global leaders involved in GPUs, combined with our ability to rapidly scale production to meet demand, allowed us to secure these prestigious project wins" |
||||
| Useful To Me Not Useful To Me | |||||
|
tofudidi
Supreme |
13-Oct-2025 13:26
|
||||
|
x 0
x 0 Alert Admin |
After lunch labubu bb happy push to 700. Now wait for $1 near term
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
PQTPQK
Supreme |
13-Oct-2025 13:17
|
||||
|
x 0
x 0 Alert Admin |
hope frencken and ums will be the next to cheong...
|
||||
| Useful To Me Not Useful To Me | |||||
|
SmallSmall
Supreme |
13-Oct-2025 13:14
|
||||
|
x 0
x 0 Alert Admin |
Wow $0.705 +$0.155 on 11.7 mil Short squeeze? |
||||
| Useful To Me Not Useful To Me | |||||
|
leyule
Member |
13-Oct-2025 10:54
|
||||
|
x 0
x 0 Alert Admin |
Probably can move like Super micron computer depending on contract value. It will not be small.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Alignment
Elite |
13-Oct-2025 10:44
|
||||
|
x 0
x 0 Alert Admin |
The other thing is if you follow this company closely you will see Chandaria is clearly running the company very competently both operationally and financially, which is sad to say relatively rare in a SGX listed small cap company. So the undervaluation of the share price relative to others stands out all the more. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tofudidi
Supreme |
13-Oct-2025 10:16
|
||||
|
x 0
x 0 Alert Admin |
NAV 70c.... its coming. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
Alignment
Elite |
13-Oct-2025 10:12
|
||||
|
x 0
x 0 Alert Admin |
Announcing deals with two such big players on the same day - incredible. Unbelievable that this company is still trading more than a 20% discount to tangible net asset value. Its peers trade at a material premium. |
||||
| Useful To Me Not Useful To Me | |||||
|
tofudidi
Supreme |
13-Oct-2025 09:30
|
||||
|
x 0
x 0 Alert Admin |
SGX-Listed InnoTek Approved as Recommended Vendor for GPU Leaders NVIDIA and Inspur Group&rsquo s IEIT Systems To Invest in High-Tech Equipment to Support AI Projects The Group has been proactively engaging NVIDIA by delivering prototypes in support of its AI server platforms and data centre deployments. InnoTek expects to commence production of the components for NVIDIA to commence in 4Q FY2025. Another subsidiary, Sun Mansfield Manufacturing (Dongguan) Company Limited, has also been awarded a new project by Shenzhen Stock Exchange&ndash listed IEIT, a world-leading provider of data centre and cloud computing infrastructure. IEIT is part of the Chinese state-owned Inspur Group &ndash China&rsquo s largest server manufacturer and a top-three global supplier by market share &ndash which designs, develops and manufactures high-performance servers, storage systems, and AI computing platforms customers in more than 120 countries. InnoTek expects to commence production of metal casings and components for GPU servers for IEIT from October 2025. Mr Lou Yiliang, Chief Executive Officer of InnoTek, said: &ldquo We are honoured to have been approved as vendors by both NVIDIA and IEIT. The Mansfield Group&rsquo s ability to meet the rigorous manufacturing standards of two global leaders involved in GPUs, combined with our ability to rapidly scale production to meet demand, allowed us to secure these prestigious project wins.&rdquo very very good piece of good news.
|
||||
| Useful To Me Not Useful To Me | |||||
|
tofudidi
Supreme |
13-Oct-2025 09:25
|
||||
|
x 0
x 0 Alert Admin |
we should see 70c coming very soon. NVIDIA strong company dont play play... future is bright..
|
||||
| Useful To Me Not Useful To Me | |||||
|
tofudidi
Supreme |
13-Oct-2025 09:12
|
||||
|
x 0
x 0 Alert Admin |
very good news. may go for $1 in near term
|
||||
| Useful To Me Not Useful To Me | |||||
|
spursfan
Supreme |
13-Oct-2025 08:42
|
||||
|
x 0
x 0 Alert Admin |
Press Releasse - InnoTek approved as recommended vendor for NVIDIA and IEIT Systems https://links.sgx.com/1.0.0/corporate-announcements/M39UAJCCK7TEKD5A/863717_INTK%20-%20NVIDIA%20and%20INSPUR%20Approved%20Vendor%20PR.pdf |
||||
| Useful To Me Not Useful To Me | |||||
|
Alignment
Elite |
12-Oct-2025 22:32
|
||||
|
x 0
x 0 Alert Admin |
Fair point. Personally I have sold down some of my big winners to rebalance towards some of the laggards. With rotation it is a lower risk/reward game but it works for me.
|
||||
| Useful To Me Not Useful To Me | |||||
|
HVRRVH
Elite |
08-Oct-2025 12:09
|
||||
|
x 0
x 0 Alert Admin |
yes agree but I have to recapitalise to average up some of my other holdings, plus standby some cash as it seems market a bit toppish liao. Have to let this go as it is too illiquid.
|
||||
| Useful To Me Not Useful To Me | |||||