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301-320 of 3689
1c(sgd) dividend not as attractive.
Go for netlink trust giving 2.54c and 5G play.
Go for netlink trust giving 2.54c and 5G play.
Has bottomed as drop.in gross revenue & gross profit margin matched by almost corresponding drop in selling & distribution administrative expenses..fully backed by cash on hand HK $1.05billion with no debts at all..co expects to remain profitable FY 2021 ending 31st March...since listing co.has not suffered any lost👍 Good to hold as worst case scenario..co still profitable and cash rich
john_ric ( Date: 11-Nov-2020 10:27) Posted:
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Consolidated Income Statement for the period ended 30 September 2020
The Group 6 months ended 30 September 20202019
Revenue -19.9 %
Gross profit -9.7 %
Operating profit -11.5 %
Profit for the period -12.1 %
Dividend HK$0.05
The Group 6 months ended 30 September 20202019
Revenue -19.9 %
Gross profit -9.7 %
Operating profit -11.5 %
Profit for the period -12.1 %
Dividend HK$0.05
Valuetronics Holdings reported earnings of HK$91.5 million ($15.9million) for the 1HFY2021 ended Sept 30, 12.1% lower than earnings of HK$104.1 million posted in the corresponding period the year before.
This came on the back of a 19.9% decline in 1HFY2021 revenue of HK$1.09 billion from HK$1.37 billion in 1HFY2020 as revenues for the company?s two segments fell.
Revenue for Consumer Electronics fell 35.8% y-o-y to HK$365.1 million due to reduced demand from the Covid-19 pandemic, while revenue for Industrial and Commercial Electronics fell 8.6% y-o-y to HK$729.8 million due to the lower demand from some customers.
Sales to the auto customer suffered a ?significant drop? due to the decline in global vehicle production.
The lower figures were partially mitigated by the ?relatively stable? revenue contribution from ?a printer customer which benefits from e-commerce sales and a sensing devices customer which benefits from its product?s application in logistics industry?.
Gross profit for the period fell 9.7% y-o-y to HK$185.9 million. Gross profit margin, however, was up by 1.9 percentage points to 17.0% due to a change in product sales mix during the half-year period.
Other income fell 16.9% y-o-y to HK$11.4 million mainly attributable to the decrease in interest income after ?several rounds of interest cuts?.
Selling and distribution expenses fell 8.5% y-o-y to HK$13.6 million due to the decrease in revenue and corresponding commission expenses.
Administrative expenses fell 8.7% y-o-y to HK$79.7 million due to the stricter cost control measures during the period.
Earnings per share (EPS) for the 1HFY2021 stood at 21.0 HK cents, down from the 24.0 HK cents in the same period last year.
As at Sept 30, cash and cash equivalents stood at HK$1.05 billion.
An interim dividend for the 1HFY2021 has been declared at 5 HK cents.
Looking ahead, the group says it expects to remain profitable for the FY2021, although it is less certain about the near-term outlook amid the Covid-19 pandemic and Sino-US trade tensions.
Shares in Valuetronics closed 1.5 cents lower or 2.5% down at 58 cents on Nov 10
Got interim dividend HK 5 CTS
Valuetronics Holdings reported earnings of HK$91.5 million ($15.9million) for the 1HFY2021 ended Sept 30, 12.1% lower than earnings of HK$104.1 million posted in the corresponding period the year before.
This came on the back of a 19.9% decline in 1HFY2021 revenue of HK$1.09 billion from HK$1.37 billion in 1HFY2020 as revenues for the company?s two segments fell.
Revenue for Consumer Electronics fell 35.8% y-o-y to HK$365.1 million due to reduced demand from the Covid-19 pandemic, while revenue for Industrial and Commercial Electronics fell 8.6% y-o-y to HK$729.8 million due to the lower demand from some customers.
Sales to the auto customer suffered a ?significant drop? due to the decline in global vehicle production.
The lower figures were partially mitigated by the ?relatively stable? revenue contribution from ?a printer customer which benefits from e-commerce sales and a sensing devices customer which benefits from its product?s application in logistics industry?.
Gross profit for the period fell 9.7% y-o-y to HK$185.9 million. Gross profit margin, however, was up by 1.9 percentage points to 17.0% due to a change in product sales mix during the half-year period.
Other income fell 16.9% y-o-y to HK$11.4 million mainly attributable to the decrease in interest income after ?several rounds of interest cuts?.
Selling and distribution expenses fell 8.5% y-o-y to HK$13.6 million due to the decrease in revenue and corresponding commission expenses.
Administrative expenses fell 8.7% y-o-y to HK$79.7 million due to the stricter cost control measures during the period.
Earnings per share (EPS) for the 1HFY2021 stood at 21.0 HK cents, down from the 24.0 HK cents in the same period last year.
As at Sept 30, cash and cash equivalents stood at HK$1.05 billion.
An interim dividend for the 1HFY2021 has been declared at 5 HK cents.
Looking ahead, the group says it expects to remain profitable for the FY2021, although it is less certain about the near-term outlook amid the Covid-19 pandemic and Sino-US trade tensions.
Shares in Valuetronics closed 1.5 cents lower or 2.5% down at 58 cents on Nov 10
half yr results today?
Octavia ( Date: 08-Nov-2020 22:40) Posted:
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Don' t be too hopeful
hotelgrand ( Date: 09-Nov-2020 15:16) Posted:
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hit 60 cts today..vol pick up...time to cross 60cts and stay abv
hotelgrand ( Date: 09-Nov-2020 10:18) Posted:
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Unlikely loss...lowwr profits only supply chain got affected..April-Nay factory in china only commence operation..consolidating $56-59 very long already
Octavia ( Date: 08-Nov-2020 22:40) Posted:
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1/2 yr fin result ended 30 Sept 20 tba before trading hrs on 11Nov20.
Think it cld be in the red due to covid-19 pandemic lockdown and trade restrictions impose on hkg.
Think it cld be in the red due to covid-19 pandemic lockdown and trade restrictions impose on hkg.
58 cts again
Same old story still the worst ever tech stock. Coming result should be horrible
Ready to break above 60c
hotelgrand ( Date: 20-Oct-2020 16:35) Posted:
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clear 58....now 58.5-59.0 ...price signal may not be that bad..inching up
https://vietnaminsider.vn/vietnam-surpasses-singapore-and-malaysia-to-become-the-4th-largest-economy-in-southeast-asia-imf/
Bolehland is left behind now. Officially and with the blatant corruption culture we are now a 3rd world country!
Valuetronics..spot on to build factory in Vietnam
Just happened but push back down to 57.5/58c🎯
Octavia ( Date: 12-Oct-2020 11:17) Posted:
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One mouth to clear 58c soon.
Octavia ( Date: 08-Oct-2020 09:22) Posted:
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Maybe...price keep bashing down to 56.5/57 when hit 57.5c
johnng ( Date: 08-Oct-2020 12:32) Posted:
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SHOULD breakout soon....
Chart showing uptrend bias.💪