Post Reply
61-80 of 3689
Ai, no privatisation! Not a big deal!
spursfan ( Date: 24-Jun-2024 21:06) Posted:
|
Halt lifted with this announcement
Valuetronics enters the AI industry with
new JV partnership
Valuetronics? first strategic initiative to explore the AI era
Invests HK$7.7 million in cash for a 55% interest in the JV company remaining 45%
interest held by JV partner, Sinnet Cloud HK Ltd
The JV will provide GPU and AI related value-added cloud services in Hong Kong
Favourable market demand supported by continuous advancements in AI and
increasing needs for AI infrastructure services
Potential access to manufacturing opportunities for AI-related hardware that are within
the Group?s existing manufacturing capabilities...
https://links.sgx.com/1.0.0/corporate-announcements/76MSE2LM87DKI6HD/807445_VHL-Media%20Release-New%20JV%20Partnership-20240624.pdf
Valuetronics enters the AI industry with
new JV partnership
Valuetronics? first strategic initiative to explore the AI era
Invests HK$7.7 million in cash for a 55% interest in the JV company remaining 45%
interest held by JV partner, Sinnet Cloud HK Ltd
The JV will provide GPU and AI related value-added cloud services in Hong Kong
Favourable market demand supported by continuous advancements in AI and
increasing needs for AI infrastructure services
Potential access to manufacturing opportunities for AI-related hardware that are within
the Group?s existing manufacturing capabilities...
https://links.sgx.com/1.0.0/corporate-announcements/76MSE2LM87DKI6HD/807445_VHL-Media%20Release-New%20JV%20Partnership-20240624.pdf
AGM needs to halt trading?
AGM.soon
Trading halt! Good news? 0.80 Privatisation?
No liquidity.
Cash almost HK1.1B, only 400b odinary share, BB should buy over whole company at 0.8 to 1 haha
Valuetronics posts 18.9% increase in H2 profit to HK$77.4 million
The group attributes its drop in revenue to lower demand from existing customers
VALUETRONICS : BN2 -2.33% Holdings : BN2 -2.33%, which provides electronics manufacturing services, on Wednesday (May 29) posted an 18.9 per cent increase in net profit for the second half ended Mar 31, 2024.
Net profit for the six-month period stood at HK$77.4 million (S$13.4 million), compared with a net profit of HK$65.1 million posted in the same period last year. The results translate to earnings per share (EPS) of HK$0.188, up from an EPS of S$0.156 in the same period a year ago.
The group&rsquo s drop in revenue was partly mitigated by a lower cost of sales and a jump in other income and gains, based on its financial results.
Revenue stood at HK$778.5 million for the half-year period, down 19.1 per cent compared with HK$962.1 million in the previous corresponding period. Both its industrial and commercial electronics segments, as well as consumer electronics segment, recorded revenue declines.
The group attributed the drop to lower demand from its existing customers, offset by revenue contributions from new customers. Its cost of sales, however, was down 21.6 per cent on the year to HK$652.3 million from HK$831.7 million in the same period last year.
For the full-year ended March, net profit was up 29.8 per cent year on year to HK$159.6 million, translating to an EPS of S$0.387. Revenue fell 17.1 per cent to HK$1.7 billion from HK$2 billion in the same period a year earlier.
The board has proposed a final dividend of HK$0.09 per share and a special dividend of HK$0.08 per share. This brings the total dividend for FY2024 to HK$0.25, implying a dividend payout ratio of 64.3 per cent, the group noted.
Cash rich, profitable growth, the best is delist, SGD0.8 I am happy. Haha
29.8 % increase in net profit and 17% H.K cents dividends ( verses last yr's 12) share price dropped today..sell on news..not to worry cum dividend will move up again
spursfan ( Date: 29-May-2024 08:35) Posted:
|
Just checked and here's the correction for eps: HK$0.387 vs HK$0.291. Both final dividend of HK$0.09 and special dividend of HK$0.08 (total HK$0.17) to be paid on 23-Aug-2024. Ex-dividend on 08-Aug-2024. Profit increased almost 30% despite drop in revenue. Not too bad. Dyodd.
Caesar ( Date: 29-May-2024 13:33) Posted:
|
Eps so much difference. Is there a mistake?
PiRPiR ( Date: 29-May-2024 13:22) Posted:
|
01:03 AM EDT, 05/29/2024 (MT Newswires) -- Valuetronics? (SGX:BN2) attributable profit for the fiscal year ended March 31 was up nearly 30% to HK$159.6 million, from HK$123.0 million in the year-ago period, according to a filing with the Singapore Exchange on Wednesday.
The company?s earnings per share came in at HK$0.387, compared with HK$29.1 in the comparable period.
The company?s revenue was down 17% year over year to HK$1.67 billion from HK$2.01 billion. This was mainly due to weak performance from the industrial and consumer electronics segment.
The company proposed a total dividend of HK$0.25 per share for fiscal 2024.
Price (SGD): S$0.64, Change: S$-0.01, Percent Change: -1.55%
The company?s earnings per share came in at HK$0.387, compared with HK$29.1 in the comparable period.
The company?s revenue was down 17% year over year to HK$1.67 billion from HK$2.01 billion. This was mainly due to weak performance from the industrial and consumer electronics segment.
The company proposed a total dividend of HK$0.25 per share for fiscal 2024.
Price (SGD): S$0.64, Change: S$-0.01, Percent Change: -1.55%
https://links.sgx.com/1.0.0/corporate-announcements/06M00M8Y9865WTFM/805004_VHL-FY2024%20Results-Media%20Release.pdf
Last day of trading before the results announcement.
This is one of those companies on SGX that, given their underlying business, I think there is a possibility of someone privatising it and relisting in Hong Kong.
If co bought the shares 58-59.5cts at 64 cts now still safe.to enter just my opinion only
Seems a good sets of result might have been leaked out...
Alignment ( Date: 23-May-2024 13:32) Posted:
|
Someone has the hots for these shares. Results out on 29th May.
Good results out soon