VALUETRONICS

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13 years 11 months ago #3813 by entdev
VALUETRONICS was created by entdev
Valuetronics has just announced its year end results. Will anyone be able to comment on the results and dividend payout. Thanks.

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13 years 11 months ago #3815 by Mel
Replied by Mel on topic Re:VALUETRONICS
hello entdev: i have not been following this stock but its 2H rebound is impressive. The dividend payout has increased and the yield is generous at 8% based on the current stk price of 17.5 cents. Looks like a stock I would like to dig deeper into. Who knows it may really be a gem. What do you see in this stock?

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13 years 11 months ago #3816 by entdev
Replied by entdev on topic Re:VALUETRONICS
Hi Dello, I like the stock for the following reasons :- 1)Attractive yield. ( about 8%) 2)Management\'s commitment to pay dividend to shareholders. They have done it consistantly for the last 4 years. 3)Confident of its new medical equipment manufacture business that its getting into. 4)Moving upstream in the manufacture of licensed products. Regards.

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13 years 11 months ago #3844 by entdev
Replied by entdev on topic Re:VALUETRONICS
An OCBC research report says a fair value of S$0.32 for Valuetronics. Below is an except of the report:- Valuetronics Holdings: Sales order gaining traction Summary: Valuetronics Holdings (VHL) reported its 4QFY10 results last Tuesday. Both revenue and net profit were stronger than expected at HK$307.0m (+92.7% YoY) and HK$22.0m (reversing HK$2.7m loss in 4QFY09) respectively. The encouraging set of results, we note, came after several quarters of depressed margins from an unfavourable product mix, enlarged operating costs and impairments/provisions. However, 4Q showed firm signs of improvements, both in terms of demand and margins, and are likely to continue in FY11. As such, we are raising our FY11 forecasts by 5.2-11.5%. Our fair value is also lifted to S$0.32 from S$0.29 previously due to the earnings upgrade. We believe VHL is well-positioned to leverage the global economy recovery, considering its still healthy financial position. With an upside potential of 88.2%, we maintain BUY on VHL. (Kevin Tan)

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13 years 11 months ago #3846 by Mel
Replied by Mel on topic Re:VALUETRONICS
The good dividend yield is enabling the stock price to stay firm at 17.5 cents, which is actually higher than the 17 cents at the start of the week. Good luck.

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13 years 11 months ago #3866 by MacGyver
Replied by MacGyver on topic Re:VALUETRONICS
Interesting company. I will do my homework on this little tech company which I never heard of. Thanks for the idea, guys.

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