Valuetronics

My entry point is indeed below 20 cents and I am grateful for the solid return. Quality of BOD and management is undoubted and the business model has evolved and strengthened.

Its competitive advantage may lie in high switching costs confronting its customers and this is one key metric that makes Valuetronics an attractive stock.

Strong breakout of share price, in blue skies territory, driven by a stunning 1Q results (eps up 63% q-o-q). It seems relationship with Delphi Group is deepening with the second qualification by a major auto group.

Management should be strongly commended for the sharp business turnaround from a difficult FY16.