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441-460 of 576
Upward momentum strong with alot of buying. Share price headed back to 50c - 60c level?
Totally confident with this company
Seems like got action today! Cheong ah!
Looks like consolidating and waiting for good news to cheong...
What' s the stock up to man
Looks like the knife has hit the floor:)
No trade today can be deemed as a good news for those who are still holding...
The continuous company buyback is in no way stopping the falling knife..
Dun get hurt....
From Dowjones
Global Invacom Group Limited
Global Invacom offers a great trading opportunity here. It is currently trading just below its 200-day
MA support of 0.430 to close at 0.395 yesterday.
A bullish white Candle was formed below the crucial 200-day MA line, suggesting that a reversal of
trend (for the nearest-term) is imminent. Demand of shares has outstripped supply at the current
juncture &ndash a definite positive signal.
The stock is deeply oversold and offers good risk/reward ratio when buying at this price level. All
three of our technical indicators have moved down to their respective oversold zones, suggesting
that the counter may bounce back and then rise further in the near-term.
Strategy: Accumulate at the previous closing price of 0.395 with an upside target price range of
0.500 &ndash 0.550.
Got this from my classmate
BUY CALL
Bloomberg GINV LN
Price (p) 20.75p
Target price (p) 24.60p
Upside (%) 19%
Shares out (mill) 272
Fully diluted (mill) 272
Market Cap (£ m) 55.1
Enterprise Value (£ m)
What&rsquo s new?
This morning, leading global satellite equipment manufacturer, Global Invacom
announced an agreement to acquire Israeli group, One Path Networks. Through its
principal subsidiary, Foxcom (www.foxcom.com), One Path is a pioneer in RF over fibre
technology, providing fibre communication solutions for a wide range of applications,
including in-building wireless coverage and satellite ground station connectivity. Over
half of the group&rsquo s sales are generated from customers in North & South America.
The Mirabaud view
Although relatively small, this acquisition is consistent with Global Invacom&rsquo s strategy of
being the consolidator in its sector through bolt-on acquisitions that concentrate on the
higher-growth end of the SatCom technology space. The company has already
pioneered the development of fibre solutions that open up the MDU market for satellite
broadcasters, ensuring digital video signals can be shared efficiently within apartment
buildings. One Path provides further expertise in this high-growth segment, along with
increased customer penetration in both North & South America. We estimate the
acquisition will generate incremental revenue of over $6.0 million in 2015. In line with
successful post-integration cost reductions achieved in the company&rsquo s other recent
acquisitions, we also expect the transaction to be earnings enhancing, with at least
US$1 million of incremental pre-tax profit in 2015, supported by a high 50+% gross
margin typical for fibre-related solutions.
Valuation
Global Invacom currently trades on a FY15 P/E ratio of just 8.3 times, placing it on a
significant discount to relevant peer groups. The global satellite equipment sector
trades on 12.3 times, whilst the most relevant comparables on the AIM market trade at
an average of 9.9 times. We are setting our first sterling-based target price at 24.6p to
reflect a forward PER of 10 times, in line with the UK comparables, but offering investors
19% upside at current levels.
Good. Company buy back again... 3 cheer to you.
Going to cheong soon
Global Invacom Group Limited Receives &ldquo Corporate&rdquo Rating from FinnCap (GINV)
Posted by Hasmir Abdula on Sep 25th, 2014 // No Comments
Global Invacom Group Limited (LON:GINV)&lsquo s stock had its &ldquo corporate&rdquo rating reiterated by equities research analysts at FinnCap in a research note issued to investors on Wednesday. They currently have a GBX 29 ($0.47) price target on the stock. FinnCap&rsquo s price target points to a potential upside of 43.14% from the company&rsquo s current price.
Shares of Global Invacom Group Limited (LON:GINV) traded down 9.64% during mid-day trading on Wednesday, hitting GBX 18.75. 797,800 shares of the company&rsquo s stock traded hands. Global Invacom Group Limited has a 1-year low of GBX 19.50 and a 1-year high of GBX 23.326. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
Steady la this one.
cooltrader ( Date: 07-Oct-2014 14:40) Posted:
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crash liao, lol at all the promoters here
Woo... they will make money
For the first time, satellite TV equipment makers can design one programmable system for all global markets
NEWPORT BEACH, Calif., & LONDON, Sep 15, 2014 (BUSINESS WIRE) -- TowerJazz, the global specialty foundry leader and Global Invacom, a leading innovator and manufacturer of technology to the global satellite industry, announced today the production of a software configurable satellite TV chipset - Romeo & Juliet - for global applications enabled by TowerJazz&rsquo s advanced SiGe BiCMOS (SBC18) technologies and design enablement services.
For the first time, the chipset Global Invacom has developed allows satellite equipment makers to design one programmable system for all global markets. Global Invacom' s Romeo & Juliet based FibreIRS&trade Mk 3 Gateway Termination Units (GTUs) and SwitchBlade Fibre-MultiSwitch (FMS) will be available from Q4/14 and Q1/15 respectively.
The Romeo & Juliet chipset lets OEMs develop their own range of FibreIRS&trade compatible products for any satellite TV service frequency plan in the world with a single, programmable design, radically reducing manufacturing proliferation, driving cost reductions and increased ROI (return on investment). Romeo is a wide band LNA (low-noise amplifier), while the programmable Juliet dual-channel down-converter supports all the global frequency plans, avoiding the need for a separate discrete design for each region.
Global Invacom invented the widely used FibreIRS&trade technology that distributes satellite TV from a whole-band LNB (low-noise block) or optical LNB around apartment blocks, MDUs (multi-dwelling units) and multiscreen enterprise networks requiring live TV services. The new chipset also supports a modular design so that TV feeds from extra satellites can be added to a base unit sharing a controller and power. This allows property developers to install a scalable network for one satellite and others can easily add new ones to for residents to watch alternative TV services from around the world.
Global Invacom developed the FibreIRS&trade architecture and products to allow cost-effective satellite TV service distribution. Resilient, lightweight optical fibre cable backbones are used rather than traditional expensive coaxial cable that is highly susceptible to interference and picture degradation and requires signal amplifiers throughout the building.
&ldquo We launched our Romeo & Juliet chipset to dramatically open up the market for more economical products, useable worldwide, for the distribution of multiple satellite TV services over fibre in residential MDUs, hotels and the enterprise,&rdquo said Ian Walsh, VP Business Development at Global Invacom.
Malcolm Burrell, Global Invacom&rsquo s Technical Director added, &ldquo We selected TowerJazz as our manufacturing partner for their ability to produce low-noise, high-gain, wide-band and linear SiGe devices. Also, their design enablement platform complements their sophisticated technology and includes silicon verified, highly scalable device models, robust physical design tools for up front design optimization, and their design support infrastructure, to enable a quick and accurate design cycle.&rdquo
&ldquo We are pleased that Global Invacom chose our SiGe BiCMOS (SBC18) process platform for their innovative solution for satellite TV services. Our SBC18 family of processes integrate a high performance SiGe HBT device with standard 0.18um CMOS in order to monolithically integrate high performance RF circuit blocks with digital control circuitry. The SiGe HBTs provide excellent RF gain, noise, and linearity characteristics at the satellite communications frequencies used in these products,&rdquo said Dr. Marco Racanelli, Sr. VP & GM of RF & High Performance Analog Business Group, TowerJazz.
Romeo & Juliet chipset samples and evaluation boards are available on request and production shipments from Q1/2015.
About Global Invacom Group Limited
Global Invacom Group Limited (&ldquo Global Invacom&rdquo ) is listed on the Singapore Exchange Securities Trading Limited Mainboard (&ldquo SGX-ST&rdquo ) and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the U.K.
Global Invacom is a fully integrated satellite equipment provider with five manufacturing plants across China, Malaysia and the U.K., providing a full range of LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications, TV peripherals, computer peripherals, medical, and consumer electronics industries. Its customers include satellite broadcasters such as BSkyB of the U.K. and DISH Network of the U.S.A. For more information please visit: www.globalinvacom.com
About TowerJazz
Tower Semiconductor Ltd. TSEM, -0.21% (tase:TSEM) and its fully owned U.S. subsidiary Jazz Semiconductor, Inc. operate collectively under the brand name TowerJazz, the global specialty foundry leader. TowerJazz manufactures integrated circuits, offering a broad range of customizable process technologies including: SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, integrated power management (BCD and 700V), and MEMS. TowerJazz also provides a world-class design enablement platform for a quick and accurate design cycle as well as Transfer Optimization and development Process Services (TOPS) to IDMs and fabless companies that need to expand capacity.
To provide multi-fab sourcing and extended capacity for its customers, TowerJazz operates two manufacturing facilities in Israel (150mm and 200mm), one in the U.S. (200mm) and three additional facilities in Japan (two 200mm and one 300mm) through TowerJazz Panasonic Semiconductor Co. (TPSCo), established with Panasonic Corporation of which TowerJazz has the majority holding. Through TPSCo, TowerJazz provides leading edge 45nm CMOS, 65nm RF CMOS and 65nm 1.12um pixel technologies. For more information, please visit www.towerjazz.com.
Safe Harbor Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect TowerJazz&rsquo s business is included under the heading " Risk Factors" in Tower&rsquo s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the &ldquo SEC&rdquo ) and the Israel Securities Authority and Jazz&rsquo s most recent filings on Forms 10-K and 10-Q, as were filed with the SEC, respectively. Tower and Jazz do not intend to update, and expressly disclaim any obligation to update, the information contained in this release.
SOURCE: TowerJazz
TowerJazz
Europe Company Contact:
Limor Silberberg, +972-4-604-7249
[email protected]
or
TowerJazz Investor Relations Contact:
Noit Levi, +972-4-604-7066
[email protected]
or
Global Invacom Contact:
Maggi Fox, +44 7770 754811
[email protected]
or
Global Invacom Investor Relations Contact:
Matt Garner, +44 1438 310510
[email protected]
Copyright Business Wire 2014
Stock References
Today coy announced bought a telecom company in Israell.... funding for terrorist?!
Any people here know how to trade in AIM?
Open account with which house? Please advise?
Thank you
LeeTeck, Yes I had noted a lot of buy call above $0.60
The SSH has brought around $0.47 . I believe it will hit above $0.60 as they had a few well know Investor
MONEY TALK
GLOBAL INVACOM (RAD SP)
Beneficiary Of The Proliferation Of Satellite TVs
VALUATION
&bull Global Invacom is trading at 2013 PE and P/B of 10.5x and 1.8x respectively.
INVESTMENT HIGHLIGHTS
&bull Global Invacom is one of only seven global players to provide satellite
communications equipment. It has five manufacturing plants across China,
Malaysia and the UK that produce LNB receivers, transmitters, switches and video
distribution components and electronics manufacturing services in satellite
communications.
&bull Global Invacom&lsquo s customers are mainly satellite broadcasters, such as BSkyB of
the UK and DISH Network of the US.
&bull The company reported a net profit of US$3.7m in 1H14 (1H13: US$3.4m), driven by
higher revenue and better margins. However, earnings would have come in higher
at US$4.9m if not for the US$1.2m one-off professional fees for the AIM listing on
the London Stock Exchange.
&bull Revenue rose 26.3% yoy to US$69.8m in 1H14 (1H13: US$55.3m), attributed to
increased orders from a US satellite communications customer, contribution from
Global Invacom Manufacturing after its acquisition last year and higher contract
manufacturing sales in China.
&bull Gross profit rose 38.2% yoy to US$17.4m with gross margin improving to 24.9%
(1H13: 22.8%), which we believe was due to the positive shift in product mix.
OUR VIEW
&bull Global Invacom&rsquo s revenue will be driven by the number of satellite-TV subscribers
as well as technology upgrades. Recently, its customer BskyB has acquired Sky
Deutschland and Sky Italia. Hence, we believe Global Invacom will stand to benefit
as these broadcasters will see an increase in their subscribers and/or upgrades in
their technology. Each set of LNB receivers and its components cost US$10-30
each, depending on the clients&rsquo technological requirements.
&bull In July, the group successfully completed its listing on AIM and is looking to make
strategic acquisitions with the US$15m raised. These target companies can
complement Global Invacom&rsquo s current business either with new technologies or new
territories.
KEY FINANCIALS
Year to 31 Dec (US$m) 2011 2012 2013 1H13 1H14
Net Turnover 62.8 74.7 115.8 55.3 69.8
Gross Profit 17.8 14.1 29.2 12.6 17.4
EBITDA 5.7 (15.8) 10.1 4.1 5.4
EBIT 5.3 (16.9) 8.7 3.4 4.3
Net Profit 4.1 (16.0) 8.0 3.4 3.7
EPS (cent) 6.19 (15.1) 3.42 - -
PE (x) 5.6 - 10.5 - -
P/B (x) 1.8 2.2 1.8 - -
Dividend Yield (%) 0.0 0.0 1.1 - -
PATMI Margin (%) 6.5 (21.5) 6.9 6.1 5.2
Net Gearing (%) (14.9) (56.2) (32.4) (32.4) (30.0)
Interest cover (x) 255.8 (329.9) 1,238.3 1,377.0 -
MONEY TALK
Bloomberg Consensus
Recommendation Buy Sell Hold Valuation Ratios 12/12 12/13 12/14E 12/15E
29/08/2014 100% 0% 0% P/E - 4.6 10.2 7.9
Target Price 0.60 EV/EBIT - 2.5 - -
Upside 39% EV/EBITDA - 2.2 6.6 5.1
P/S 0.2 0.3 0.7 0.6
Income Statement 12/12 12/13 12/14E 12/15E P/B 0.9 0.8 - -
Revenue 93 145 178 201 Div Yield 0.0% 2.5% 1.4% 1.7%
Gross Income 18 37 43 49
Operating Income -21 11 Profitability Ratios %
Pretax Income -21 12 13 17 Gross Margin 18.8 25.2 24.1 24.2
Net Income Adjusted* -20 10 10 14 EBITDA Margin -21.2 8.7 8.8 10.0
EPS Adjusted -0.15 0.04 0.04 0.05 Operating Margin -22.6 7.5 - -
Dividends Per Share 0.00 0.00 0.01 0.01 Profit Margin -21.5 6.9 5.8 6.9
Payout Ratio (%) 11 14 13 Return on Assets -33.5 10.5 8.0 9.2
EBITDA -20 13 16 20 Return on Equity -66.4 19.9 14.5 16.5
Peer Comparison Ticker Price @ Market -----PE----- -----P/B----- Yield
5 SEPT 14 Cap
(US$m)
FY13
(x)
FY14F
(x)
FY13
(x)
FY14F
(x)
FY14F
(%)
Hi-P International Ltd HIP SP 0.745 486 95.5 74.5 1.0 - 2.7
Venture Corp Ltd VMS SP 7.85 1,719 16.5 14.9 1.2 1.2 6.5
Qisda Corp 2352 TT 14.9 979 41.4 n.a. 1.4 - -
Wistron Neweb Corp 6285 TT 74.2 813 15.6 14.5 2.3 - 4.1
Flextronics Intl Ltd FLEX US 11.21 6,593 26.7 18.7 3.2 3.1 -
Average 39.1 30.7 1.8 2.1 3.3
Global Invacom Group Ltd RAD SP 0.440 96.2 10.5 10.4 1.8 - 1.4
Trading at UK at 22.5p that = SDG$0.495
The AngMo is buying because too CHEAP in SG.
Stand by to CHEONG.....
Epriloguexx ( Date: 03-Sep-2014 10:24) Posted:
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