Post Reply
341-360 of 576
The current price is already a very good bargain. I can' t even imagine it dipping lower. Then again, anything is possible. Company bought back shares at 19-22 cents. It has previously bought back at 30-40 cents then selling their shares to acquire Skyware at a much lower price and now the price is 17x cents.
From what I feel, because I have been following G Invacom ever since it hit the high of 55 cents, that currently there are too much selling/or people are pushing the price down. Until there are extraodinary news (like previously listing in AIM) or new investors coming into play, it is very difficult for it to climb back to its high. Good for long term investment, imo. Company' s sound.
n3wbie ( Date: 08-Sep-2015 17:15) Posted:
|
in their last filed announcement, I believe the company has bought back 9.99% of the total issued shares and if I' m not wrong, they have reached their buy-back threshold. if the company was confident of doing buy-back at 19-22cents last, present share price seems like a bargain. any thoughts?
kangtao888 ( Date: 29-Aug-2015 09:42) Posted:
|
G Invacom shares are slowly edging back to 0.18x to 0.16x. Share buyback is not strong enough to maintain the share at 0.2x. I am sure more sellers will come out again. It would then be a good time to collect for longer term, until there are new investors or existing investors coming in, else on the short term, highly unlikely the shares will go up.
JM2C.
kangtao888 ( Date: 25-Aug-2015 11:54) Posted:
|
classic case of quality company not being appreciated in Singapore. the weak sentiment in the market certainly made a dent to the share price despite the initiation report from RHB.
looking at it from a technical analysis, it is also way oversold with a RSI of under 10?
Highly doubt there will be anymore share buy back from the coy in near short term. Management has already squeezed all their possible ammo to buy at such a HIGHER price just for the sake of acquiring Skyware. Now, I think they have to pay more to acquire Skyware because the price dropped by 40%. Even if after acquiring Skyware, they would not possibly have enough ammo to make an impact on the share porice. Also based on the last EGM, chairman doesn' t sound convincing enough to do share buyback in the nearer term.
From the past few days trading pattern, its apparent that someone is trying to dump their shares. To be honest, the current price is very cheap already. Lets just hope that some investors (i.e. Serial boss) will come in to do shopping to push up the share price.
IOC from RHB
Strong turnaround ahead. The performance in FY15 may be dragged down by a delay in sales to its major customers, due to a change in procurement procedures as well as a few one-off costs such as the acquisition of Skyware Global (Skyware) which is currently in a loss making position. However, with its i) expected increase in demand due to major customer launching two new satellites in FY16, coupled with the fact that ii) Skyware is close to breaking even and should be profitable by FY16, as well as iii) being able to supply both dishes and LNBs to its largest customer and iv) new generation product, we expect GInva to outperform with an approximately 7x NPAT surge in FY16.
Share buy-backs to continue. The company has been aggressively buying back its shares since FY13, partially due to its strategy of using its treasury shares to fund its M& A activities. As of 2015, the company has already bought over 26.6m shares at an average price of SGD0.36/share, ie much higher than the existing level. Going forward, the management highlighted that share buybacks will likely continue, especially if they have an acquisition target. Management also owns employee share options which have an exercise price of SGD0.31.
Serial System as a strategic partner. In June this year, Serial System (SERL SP, NR), a proven distributor with over USD1bn of revenues in FY14, took a 4.5% stake in GInva at SGD0.29/share. Serial System will be involved in helping GInva improve procurement of components in tandem with their growth strategy, which could result in cost savings.
Initiate with BUY and SGD0.45 TP. With several positive catalysts, we expect a strong turnaround in FY16.
Key Risks: customer concentration risk (GInva derived 86% of FY14 revenues from its top 5 customers) further risks on page 8
http://rhbosk.ap.bdvision.ipreo.com/NSightWeb_v2.00/Handlers/Document.ashx?i=eac4c5678855446394c0eca6c61c9349
Dam jialat this counter... still holding at a very high price. Haiz
But why would they want to do that?
there are obviously invisble hands behind this counter - was pushed down to a low of 22.5 cents with a drop of close to 15% before popping back up to close just 3.7% down for the day. does it not look like a set-up to make weak holders cut losses/dump before pushing the share price back up.
where are those who advetised this junk frequently?
a junk....
Salted fish.....
this is a tricky counter. have you invested? how high it can go?
Mr Goh really a Golden Finger. He is in the electronic line so he understand the businese. Global Invacom is consider cheap, if not why will he buy,
Serial system at catch up action soon, MR GOH CEO OF SERIAL SYSTEM WILL BE NEXT GOLDEN FINGER TYKOON ,
why is it up? Any news?
37c Liao... Very shiok....can drink Kopi anytimes Liao...lol
edwinjup ( Date: 20-Jun-2015 09:44) Posted:
|
Undervalued Gem
Share Buy Back - Daily Share Buy-Back Notice
Share Buy-Back of 12,000,000 Ordinary Shares on 22 June 2015
Derick Goh is on the shopping mood, too many money.... Noted that he is buying company recently..