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sunview Veteran	29-May-2019 11:13        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Valuetronics ($0.605, unchanged) saw FY19 revenue dip 0.9% to HK$2,828,8mln while net profit inched down 2.6% to HK$199.5mln. Turnover from the Industrial and Commercial Electronics division increased by 14.6% to HK$1,667.6mln (FY18: HK$1,455.6mln), which was mainly due to the increase in demand from some of the Industrial and Commercial customers, including printer, automotive and new customers featuring IOT products. Meanwhile, sales from the Consumer Electronics segment decreased by 16.9% to HK$1,161.2mln (FY18: HK$1,398.1mln), which was solely due to the slowdown in demand from smart lighting customer.   Separately, gross profit increased by 3.8% to HK$430.3mln (FY18: HK$414.6mln), while gross profit margin increased to 15.2% (FY18: 14.5%) as the results of change in product sales mix during the year. However, Group bottomline was eventually dragged down by other operating losses of HK$13.6mln, arising from the Danshui Factory which was affected by a flash flooding in late September 2018 as previously announced. A final dividend of HK$0.15 (4Q18: HK$0.15) was declared. Coupled with the special dividend of HK$0.05 (4Q18: HK$0.05) and interim dividend of HK$0.05 (2Q18: HK$0.07), this brings total dividends in FY19 to HK$0.25 (FY18: HK$0.27).   Mr Ricky Tse Chong Hing, Chairman and Managing Director of Valuetronics commented: " In FY2019, the decrease in CE revenue was offset by the increase in ICE revenue due to the increase in demand from existing ICE customers and the additional of new product from new ICE customer. As trade war tensions between the US and China continue, we have identified Vietnam as a location to expand our production outside of China. We expect one of our customers to qualify our initial set up in Vietnam by end of June 2019, followed by mass production for shipment from Vietnam to the US market."   The Group generated positive operating cash flows of HK$404.1mln in FY19, resulting in a net cash position of HK$930.4mln which equates to 62.3% of current market cap. Barring unforeseen circumstances, the directors expect the Group to remain prof table for the financial year ending 31 March 2020. At S$0.605, market cap is S$262.2mln, P/E is 7.5x, P/B is 1.4x, dividend yield is 7.2% and price-to-sales is 0.5x. (From Lim and Tan)
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hotelgrand Master	29-May-2019 10:34        hotelgrand About Contact  Quote this Post!
x 0   x 0  Alert Admin	look like results today shd e good..no way can get 52cts..fyi love to share nqing87      ( Date: 29-May-2019 09:44) Posted: the funny thing is some of these analysts had not taken into account of the huge cash that valuetronics has, and assume valuetronics will just sit and wait without doing anything to mitigate  trade war issue.. but anyway, being a hongkong counter (which ppl will associate it with china counter), many retailer investors will not dare to invest in valuetronics since they have no confidence with our regulatory bodies to ensure china related counter is clean of fraudulent accounts.. so fundamental wise it is strong, but share price wise may not follow the logical sense patient168      ( Date: 29-May-2019 09:06) Posted: In such market condition, it is not difficult to see who is the stronger in term of value for investing among the tech stocks i.e. Venture, Valuatronic, Sunningdale, UMS, Hi-P, AEM, Fu Yu, etc
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nqing87 Supreme	29-May-2019 09:44        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the funny thing is some of these analysts had not taken into account of the huge cash that valuetronics has, and assume valuetronics will just sit and wait without doing anything to mitigate  trade war issue.. but anyway, being a hongkong counter (which ppl will associate it with china counter), many retailer investors will not dare to invest in valuetronics since they have no confidence with our regulatory bodies to ensure china related counter is clean of fraudulent accounts.. so fundamental wise it is strong, but share price wise may not follow the logical sense patient168      ( Date: 29-May-2019 09:06) Posted: In such market condition, it is not difficult to see who is the stronger in term of value for investing among the tech stocks i.e. Venture, Valuatronic, Sunningdale, UMS, Hi-P, AEM, Fu Yu, etc
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patient168 Senior	29-May-2019 09:06        patient168 About Contact  Quote this Post!   Yells: "patience is the key to winning"
x 0   x 0  Alert Admin	In such market condition, it is not difficult to see who is the stronger in term of value for investing among the tech stocks i.e. Venture, Valuatronic, Sunningdale, UMS, Hi-P, AEM, Fu Yu, etc
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patient168 Senior	29-May-2019 08:52        patient168 About Contact  Quote this Post!   Yells: "patience is the key to winning"
x 0   x 0  Alert Admin	Agreed. Good insight. nqing87      ( Date: 29-May-2019 08:31) Posted: Cash is actually hkd 930mil i think, another record cash on hand again and part of it probably will be considered for their vietnam plant and possible m&a in north america.. eps falls close to my prediction.. in fact without the one off flooding, eps this year would be higher than last yr and it further reiterate my stance that valuetronic is the best performing electronic counter yet again, when most other electronic counter like ums, sunningdale etc suffers from poor q4 performance.. i think i can be better analyst than some of them like the one from rhb which just reduce the tp to 68cents.. market shld not be too concern that this is a hong kong counter and amplify the possibilities of trade war damage to valuetronics.. results had shown that valuetronics are more solid than other electronic counters TSSRAYMOND      ( Date: 29-May-2019 08:07) Posted: Another 20 cents dividend(total 25 cents whole Year) profit 199.5 million EPS 46.2 cents Cash 775,445,000 NAV $2.7HK Good result
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nqing87 Supreme	29-May-2019 08:31        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cash is actually hkd 930mil i think, another record cash on hand again and part of it probably will be considered for their vietnam plant and possible m&a in north america.. eps falls close to my prediction.. in fact without the one off flooding, eps this year would be higher than last yr and it further reiterate my stance that valuetronic is the best performing electronic counter yet again, when most other electronic counter like ums, sunningdale etc suffers from poor q4 performance.. i think i can be better analyst than some of them like the one from rhb which just reduce the tp to 68cents.. market shld not be too concern that this is a hong kong counter and amplify the possibilities of trade war damage to valuetronics.. results had shown that valuetronics are more solid than other electronic counters TSSRAYMOND      ( Date: 29-May-2019 08:07) Posted: Another 20 cents dividend(total 25 cents whole Year) profit 199.5 million EPS 46.2 cents Cash 775,445,000 NAV $2.7HK Good result   nqing87      ( Date: 24-May-2019 17:22) Posted: last year full year results is eps HK 47.6 cents.. expecting coming full year results to be slightly weaker with HK 46 cents.. nonetheless results will be much better than other electronic counters, and having a much lower p/e of around 7.5+
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TSSRAYMOND Member	29-May-2019 08:07        TSSRAYMOND About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another 20 cents dividend(total 25 cents whole Year) profit 199.5 million EPS 46.2 cents Cash 775,445,000 NAV $2.7HK Good result   nqing87      ( Date: 24-May-2019 17:22) Posted: last year full year results is eps HK 47.6 cents.. expecting coming full year results to be slightly weaker with HK 46 cents.. nonetheless results will be much better than other electronic counters, and having a much lower p/e of around 7.5+
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nqing87 Supreme	24-May-2019 17:22        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	last year full year results is eps HK 47.6 cents.. expecting coming full year results to be slightly weaker with HK 46 cents.. nonetheless results will be much better than other electronic counters, and having a much lower p/e of around 7.5+
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lovetoshare Elite	24-May-2019 16:56        lovetoshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	see the result. if result not good then drop lo. so simple. next drop 0.52 looks attractive
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patient168 Senior	21-May-2019 21:34        patient168 About Contact  Quote this Post!   Yells: "patience is the key to winning"
x 0   x 0  Alert Admin	Well said. JSmember      ( Date: 21-May-2019 18:10) Posted: Valuetronics is a good quality company, base on historical data and analysis. There is collection around this price range. If it drops further many would jump in to collect. Need time for this counter to move due trade war issues impacting the whole market and weak LED sales at the moment but will be offsetted by growth in other sectors. Good to keep for long term with good fundamentals. Hi- P is a gambling counter. people shout to buy base on assumptions and speculation. It is highly risky with poor fundamental  and Chairman saying to privatise to make price go up. When it is overvalued, too expensive he change direction and say will sell holding to increase liquidity. Prices up or down eventually chairman will be the biggest winner. He will sell when at good price and eventually buy back with the money he get and getting back more free shares when the price go down. Genuine investor would not like such management playing tricks and reducing holding in the company, plus reversing accruals to make the bottom line looks good. He is merely making use of timing differences by doing creative accounting although not against any standards or regulation but not acceptable to investors. Best to stay away from Hi-p. jamesng      ( Date: 21-May-2019 17:45) Posted: Can check with expert here why is Valuetronics weaker than stocks like Hi-P etc
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Qanghoo Supreme	21-May-2019 18:58        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	My take is, it is a chng kay controlled stock. JSmember      ( Date: 21-May-2019 18:10) Posted: Valuetronics is a good quality company, base on historical data and analysis. There is collection around this price range. If it drops further many would jump in to collect. Need time for this counter to move due trade war issues impacting the whole market and weak LED sales at the moment but will be offsetted by growth in other sectors. Good to keep for long term with good fundamentals. Hi- P is a gambling counter. people shout to buy base on assumptions and speculation. It is highly risky with poor fundamental  and Chairman saying to privatise to make price go up. When it is overvalued, too expensive he change direction and say will sell holding to increase liquidity. Prices up or down eventually chairman will be the biggest winner. He will sell when at good price and eventually buy back with the money he get and getting back more free shares when the price go down. Genuine investor would not like such management playing tricks and reducing holding in the company, plus reversing accruals to make the bottom line looks good. He is merely making use of timing differences by doing creative accounting although not against any standards or regulation but not acceptable to investors. Best to stay away from Hi-p. jamesng      ( Date: 21-May-2019 17:45) Posted: Can check with expert here why is Valuetronics weaker than stocks like Hi-P etc
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JSmember Member	21-May-2019 18:10        JSmember About Contact  Quote this Post!
x 0   x 0  Alert Admin	Valuetronics is a good quality company, base on historical data and analysis. There is collection around this price range. If it drops further many would jump in to collect. Need time for this counter to move due trade war issues impacting the whole market and weak LED sales at the moment but will be offsetted by growth in other sectors. Good to keep for long term with good fundamentals. Hi- P is a gambling counter. people shout to buy base on assumptions and speculation. It is highly risky with poor fundamental  and Chairman saying to privatise to make price go up. When it is overvalued, too expensive he change direction and say will sell holding to increase liquidity. Prices up or down eventually chairman will be the biggest winner. He will sell when at good price and eventually buy back with the money he get and getting back more free shares when the price go down. Genuine investor would not like such management playing tricks and reducing holding in the company, plus reversing accruals to make the bottom line looks good. He is merely making use of timing differences by doing creative accounting although not against any standards or regulation but not acceptable to investors. Best to stay away from Hi-p. jamesng      ( Date: 21-May-2019 17:45) Posted: Can check with expert here why is Valuetronics weaker than stocks like Hi-P etc
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jamesng Master	21-May-2019 17:45        jamesng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can check with expert here why is Valuetronics weaker than stocks like Hi-P etc
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lovetoshare Elite	21-May-2019 09:15        lovetoshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	NAV is 0.40? Possible it will go down too. Qanghoo      ( Date: 17-May-2019 22:38) Posted: Will it go < 60c next wk?  This stock seem very susceptible to sudden attacks.  Looks there cld be one coming soon.  Just my haunch.  DYODD as always.  sgfreestyler      ( Date: 17-May-2019 17:25) Posted: ya.. bought some few days ago @0.62...  anyway dividend is coming.
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puppey Veteran	18-May-2019 11:04        puppey About Contact  Quote this Post!
x 0   x 0  Alert Admin	this is a weak stock, dosent go up much when market sentiment improves. its the dividend that is holding up the price, imagine if there is a dividend cut, this will take lift down. imo
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Qanghoo Supreme	17-May-2019 22:38        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will it go < 60c next wk?  This stock seem very susceptible to sudden attacks.  Looks there cld be one coming soon.  Just my haunch.  DYODD as always.  sgfreestyler      ( Date: 17-May-2019 17:25) Posted: ya.. bought some few days ago @0.62...  anyway dividend is coming.
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andyteoch Member	17-May-2019 22:12        andyteoch About Contact  Quote this Post!
x 1   x 0  Alert Admin	Normally dividend payout will be in Jul and Nov
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Johnjohnnyhi Member	17-May-2019 19:11        Johnjohnnyhi About Contact  Quote this Post!
x 0   x 0  Alert Admin	bro, can share when the news for dividend will announce? roughly
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sgfreestyler Member	17-May-2019 17:25        sgfreestyler About Contact  Quote this Post!
x 0   x 0  Alert Admin	ya.. bought some few days ago @0.62...  anyway dividend is coming.
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Johnjohnnyhi Member	17-May-2019 17:02        Johnjohnnyhi About Contact  Quote this Post!
x 0   x 0  Alert Admin	weird counter
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