Global Testing

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22 Mar 2022 12:58 #25952 by brookenzo1416
Global Testing was created by brookenzo1416
This stock is doing the same business as AEM and has just declared a dividend of 20cent per share.
At current price of $1.60, dividend yield is 12.5 percent and i think it is the highest dividend yield stock in sgx. Even Reits cannot match the dividend payout.
EPS 36cent 
PE 4.4
Price Book Ratio 1.07
Market cap 55 mil

This business is generating huge profits half yearly and no analysts coverage at all?
No houses cover this super undervalued GEM?
Ridiculously cheap.

Market players radar is starting to take notice of this Global Testing 3 weeks ago till now.
this stock should be trading at least double the current price of 1.60 now and do take a look it is worth adding into your CPF investment or mid cap portfolio.





 

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22 Mar 2022 13:08 #25953 by brookenzo1416
Replied by brookenzo1416 on topic Global Testing
Comparing to local peer Grand VentureMarket Cap 327.380 PE 18.647Dividend 1.010
Global Testing Corporation is way way below value and should be worth $4 at least.
I have been collecting and i can see some investors also started collecting.
Scoop it while it is still low value now.
Hope to see it become $4-$6 one day.
Cheers folks 

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22 Mar 2022 13:12 #25954 by brookenzo1416
Replied by brookenzo1416 on topic Global Testing
No local research houses are covering Global Testing at all now. Puzzling why.
I hope Nextinsight research interview team can have a look into Global Testing and do a coverage
It is certainly a "strong buy call"

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23 Mar 2022 14:07 #25956 by brookenzo1416
Replied by brookenzo1416 on topic Global Testing
Accumulation at 154/155 since yesterday profit taking from 165.
AEM is moving up strongly.
Global Testing poised to move up higher another level after this accumulation at 155 is over.
Waiting for the trajectory upwards
 

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26 Mar 2022 11:37 #25958 by brookenzo1416
Replied by brookenzo1416 on topic Global Testing
Semiconductor Global semicon sales grew 26.2% in 2021 ■ The Semiconductor Industry Association (SIA) today announced that global semiconductor revenue grew by 26.8% yoy in Jan 2022. ■ World Semiconductor Trade Statistics (WSTS) said global semiconductor sales grew by 26.2% yoy in 2021. It expects a growth of 10.4% in 2022F. ■ Our Add picks for the Singapore semicon sector are AEM and Grand Venture. Global semiconductor sales rose 26.8% yoy in Jan 2022 ● The Semiconductor Industry Association (SIA) today announced that global semiconductor revenue was US$50.7bn for Jan 2022, up 26.8% yoy. Month-on-month, global semiconductor sales fell by 0.2% in Jan 2022. ● According to its 18 Mar 2022 update, World Semiconductor Trade Statistics (WSTS) noted that global semiconductor sales were US$556bn in 2021, a 26.2% yoy increase. ● WSTS expects global semiconductor sales to grow by 10.4% yoy in 2022F to US$613.5bn. Revenue growth in 2022F is expected to be driven by the sensor chip category (+17.2% yoy), followed by logic chips (+17.1% yoy), WSTS said. AEM Holdings Ltd (AEM SP, Add, TP S$6.85) ● AEM Holdings remains our top pick for the Singapore semicon sector. ● Temasek Holdings (Private) Limited (Temasek) recently acquired shares in AEM on the open market for S$3.99 (on 7 Mar 2022), S$4.17 (on 14 Mar 2022) and S$4.25 (on 16 Mar 2022), raising its stake in AEM to 11.1%. ● On 18 Mar 2022, AEM announced the appointment of its Chief Operating Officer, broadening its management bandwidth. ● Potential re-rating catalysts for AEM are upward revisions to revenue guidance in the coming months and further new customer wins. ● Upside to our FY22F earnings forecast could come from potential accretive M&A (AEM’s cash balance as at end Dec-2021 was S$216.2m). ● Downside risks are delivery delays due to lockdowns/movement restriction extensions, order push back by customers and margin pressure arising from higher operating costs. ● A company-specific risk is an arbitration order filed against AEM in the US. In its announcement on SGX, AEM said that based on preliminary analysis, the claims appear to lack factual and/or legal support. The arbitration is still in the early stages and the claimant has not quantified its demands. The arbitration hearing is currently expected to conclude in 2023. In the meantime, management has guided that its operations are unaffected by the arbitration. Grand Venture Technology Ltd (GVTL SP, Add, TP S$1.60) ● We also have a positive view on Grand Venture Technology (GVT), with its management focused on growing the company further. ● GVT management’s ambition to grow the company could pose downside risks to our FY22F earnings forecast as operating costs/capex/interest expenses may trend upwards if higher capex is necessary in FY22F to assure potential customers of GVT’s manufacturing commitments. M&A may also affect our FY22F earnings depending on funding structure and potential integration costs for such M&A. ● Downside risks are operational disruptions (such as workers being possibly infected by Covid-19, power restrictions in its China plant, higher-than-expected spending for longterm growth affecting our FY22-23F net profit expectations). ● Re-rating catalysts are stronger-than-expected results, potential new customer wins and more accretive M&A.

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04 Apr 2022 15:17 #25967 by brookenzo1416
Replied by brookenzo1416 on topic Global Testing
Is this breakout going to come anytime now?
Looks like BBs are accumulating upwards now.
Hope it break 1.60 soon

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