Post Reply
81-100 of 300
its like nanofilm aem once drop..cannot recover,,,the most good qtr results rebound abit....better to have a proper job.
BinderyT ( Date: 30-Oct-2024 16:17) Posted:
|
Look at the " analysts" ... DBS, CGSI, Maybank ... all were chanting BUY BUY BUY with TP as high as 1.27 before earnings.
Good analysts should be tracking company progress instead of reacting after earnings are out. At my MNC jobs, analysts were flying in regularly to talk to our region HQ to hear what we were doing, etc.
Good analysts should be tracking company progress instead of reacting after earnings are out. At my MNC jobs, analysts were flying in regularly to talk to our region HQ to hear what we were doing, etc.
chiachiawee ( Date: 30-Oct-2024 15:45) Posted:
|
lol. More than one year low. Back to 2023 Jul/Aug level. Last time I read from Ins someone posted a super high personal TP citing superior earnings. Hope the man is alright.
This analyst is already very kind. Another cut target price by around 50%. Cut around 60c
money4life ( Date: 30-Oct-2024 11:33) Posted:
|
Yes, like US exchanges. Actually the company can call for a halt but is not doing it for whatever reason.
easywin ( Date: 30-Oct-2024 15:26) Posted:
|
If price has dropped more than 20% should halt immediately to protect long term investors
BinderyT ( Date: 30-Oct-2024 15:18) Posted:
|
Frankly, SGX is asleep as usual. Trading halt should be called when there' s panic selling, which is obviously what' s happening now.
easywin ( Date: 30-Oct-2024 15:05) Posted:
|
Lol! My bad ... I tot it was chicken :).
My gosh ... I never seen a mid cap drop like this before. Bad earnings reasonable should be around -7%. But -24%? Its not like the company going bankrupt or whatever.
My gosh ... I never seen a mid cap drop like this before. Bad earnings reasonable should be around -7%. But -24%? Its not like the company going bankrupt or whatever.
iinvestor ( Date: 30-Oct-2024 14:35) Posted:
|
Going towards $0.58
Where is the bottom? possible request for trading halt with price dropped 24% already?
No lah...last time paid $4m buy roast duck lah.....maybe now another $4m buy chicken.....LOL.
https://www.theedgesingapore.com/news/ipo/aztechs-mun-ditches-roast-duck-and-stays-focused-electronics-core
https://www.theedgesingapore.com/news/ipo/aztechs-mun-ditches-roast-duck-and-stays-focused-electronics-core
BinderyT ( Date: 30-Oct-2024 13:46) Posted:
|
Wah ... I mention chicken rice, the market immediately drop another 4 cents :P
Last time was to fund purchase of a chicken rice stall. Maybe now it wants to buy a duck porridge stall.
Johnsnow ( Date: 30-Oct-2024 12:33) Posted:
|
This fox family stock cannot play one list and delist many years again after taking so much money from the market. Relist a few years back and using back the dirty tricks again cannot hold stock can do short sell haha
money4life ( Date: 30-Oct-2024 11:33) Posted:
|
Target price forecast has drop another 35cents, way below expectation. 
Q3 diluted EPS on 1c plus. How to up? lol. With the remaining order book to be fulfilled you can easily compute their EPS for coming quarters.
So many shorted for very easy money.
Based on yesterday results info, I think the counter price will be readjusted these few days. Probably back to 80c
Aztech Global is likely to maintain its eight-cent dividend over FY2024 to FY2026: CGSI
CGS International analyst William Tng has maintained his &ldquo add&rdquo call and target price of $1.21 on Aztech Global 8AZ Ltd (Aztech) after visiting the company&rsquo s plant in Pasir Gudang on Sept 26.
The company, on Nov 14, 2022, announced that it agreed to purchase a 300,000 sq ft plant in Pasir Gudang, Johor, Malaysia for RM66.8 million ($20 million at the time). According to Tng, the facility began full scale operations in 3Q2023.
In his report dated Oct 4, Tng notes that the plant can undertake complete product builds for customers and is capable of plastic injection moulding, printed circuit board assembly and product assembly, among others. This plant has also achieved the ISO 13485:2016 certification, enabling Aztech to manufacture medical devices, he adds.
Tng is of the opinion that the forecasted average utilisation rate for this plant in 3QFY2024 is likely to be around 50% and there is potential for Aztech to pursue more orders to reach its full capacity.
In a presentation by Aztech, it was noted that three products from the health, tech and consumer segments have successfully entered commercial production and five new products in the communication, consumer and health tech segments are scheduled to achieve commercial production by the end of FY2024.
Aztech owns an existing 86,000 sq ft freehold plant in Gelang Patah. Tng predicts that Aztech may rent out the existing plant, sell the plant if there is a suitable offer or develop a new major customer and dedicate that plant to that customer.
See also: Citi keeps &lsquo buy&rsquo and TP of $9.20 on UOL Group, sees &lsquo surprisingly good take-up&rsquo on Meyer Blue asset
Tng shares some downside risks include order cancellations due to a global economic slowdown affecting demand and volatile foreign exchange rate movements affecting its financials.
&ldquo During 3Q2024, the US dollar (USD) depreciated 5.24% against the Singapore dollar (SGD) and 3.42% against the renminbi (RMB), which we believe is likely to lead to foreign exchange losses in the company&rsquo s financial performance for the quarter. A slowing order book is also a potential concern,&rdquo Tng adds.
Despite this, Tng believes that Aztech could maintain its 8 cents dividend per share (DPS) over FY2024 to FY2026 forecast, providing investors with a potential 7.84% dividend yield, while Tng expects earnings per share to grow at an average of 14.2% over FY2025 to FY2026 forecast.
See also: Maybank upgrades MINT to ' buy' with higher TP of $2.60 after Tokyo facility acquisition
Tng&rsquo s target price is based on the FY2025 forecasted price over earnings ratio (P/E) of 8.7 times, its three-year average.
Any idea what is their better selling products ?