AVI-TECH ELECTRONICS

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9 years 5 months ago #21726 by Rich
Replied by Rich on topic AVI-TECH ELECTRONICS
0.3 cents interim dividend declared = 3.3% yield already. Final dividend would be at least 0.3 cent also for a total of 6.6% yield?

Ironical the US discontinued ops are turning in a profit finally. Makes it hard to accept that the ops have been sold (at the wrong time, imho)
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9 years 4 months ago #21780 by Rich
Replied by Rich on topic AVI-TECH ELECTRONICS
I like the fact that this company has cleared all its impairments for the discontinued businesses. Thus, no overhang.

Despite being in a competitive biz, as at end-1HFY15, AVI-TECH continues to be net cash rich at S$26.1m cash. $0.076 per share = 86% of market cap, and almost nil debt.

Can the strong bal.sheet grow stronger?

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9 years 3 months ago #21912 by Val
Replied by Val on topic AVI-TECH ELECTRONICS
Investing is part art,part science/math. In the case of Avi-tech, the high cash level is math/finance. Surprisingly, unlike many high-cash stocks, Avi-tech is chased after by the market to 9.9 cents now. This stock can be a study of investor sentiment and possibly insiders (loosely used) buying. this micro-cap is in a competitive industry, not very profitable, yet the share price has run up strongly. I am not complaining tho. :).

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9 years 2 months ago #22168 by Val
Replied by Val on topic AVI-TECH ELECTRONICS
Avi-Tech continues to recover, like a ex-cancer patient who has started to run its first 10 km race!

The Group’s 9M15 net profit attributable to shareholders was S$6.3 million, a resounding return to profitability from a loss of S$2.9 million in 9M14, while net profit for 3Q15 was S$1.9 million as compared to a loss of S$0.8 million in 3Q14.

Avi-Tech has even HINTED that it would resume paying a final dividend when it announces its 4Q result in about 3 months time!

infopub.sgx.com/FileOpen/Avi-Tech%203QFY...cement&FileID=349454

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9 years 2 months ago #22170 by FManager
Replied by FManager on topic AVI-TECH ELECTRONICS
very likely for full year div to be given and maybe even a special as core business and earnings are going strong now.

Before the misadventures in their USA venture, this company has been quite good with dividend payouts.

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9 years 1 month ago #22220 by FManager
Replied by FManager on topic AVI-TECH ELECTRONICS
high of 0.119 on high volume!
:evil:

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