Rokko-An Explosive action awaiting

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14 years 3 months ago #4255 by Rock777
Flying high soon. Results release on 4th August Special interim dividend with few hundred percent rise in half year profits.

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14 years 3 months ago #4256 by Joes
Why do you think it will rock? Are there any analyst reports and target prices? Appreciate your enlightening us. :)

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14 years 3 months ago #4258 by MOSBY

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14 years 3 months ago #4260 by neontet
Replied by neontet on topic Re:Rokko-An Explosive action awaiting
all these semicon companies are doing really well. congrats on spotting rokko, the stock has been firming up. what about ASTI? u guys like it? also Frencken, Avi-Tech, Hisakia... names highlighted by NRA Capital a few days ago. www.nextinsight.biz/content/view/2763/60/

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14 years 3 months ago - 14 years 3 months ago #4271 by neontet
Replied by neontet on topic Re:Rokko-An Explosive action awaiting
Thank you Rock777 for your posting. The stock is really rocking now! by the way, the Lim & Tan analyst report link you posted has expired but luckily NextInsight has an article at www.nextinsight.biz/content/view/2781/60/ Any more hot hot stocks you are into?
Last edit: 14 years 3 months ago by neontet.

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14 years 3 months ago #4272 by neontet
Replied by neontet on topic Re:Rokko-An Explosive action awaiting
BUSINESS AND CORPORATE UPDATE Further to the announcement on 7 December 2009, the Board of Directors (the “Board”) of Rokko Holdings Ltd. (“Rokko” or the “Company”) is pleased to provide the following updates on the business and financial outlook of the Company and its subsidiaries (the “Group”). Update The Group expects to report net profit before tax in the range of S$3.0 million to S$3.5 million for the first half of FY2010 (“1H2010”) as compared to a loss of S$1.2 million for the first half of FY2009 (“1H2009”). Revenue for the Group is expected to rise above S$20 million for 1H2010 as compared to S$5.6 million in 1H2009. The Group ended FY2009 with a revenue of S$29.5 million and net profit after tax of S$1.8 million. The Group expects to record its best half year financial performance since the Company’s public listing in October 2007. Pent-Up Demand for Semiconductor Equipment and Stamping Products Spilled Over to 1H2010 In line with the global economic recovery, the semiconductor industry continues to grow steadily with higher consumer spending, lifted by strong pent-up demand. According to the Semiconductor Industry Association, global sales of semiconductors were US$24.7 billion in May 2010, resetting the record of US$23.6 billion achieved in April 2010 and is forecasted to grow by 28.4% to US$290.5 billion in 2010 as compared to US$226.3 billion in 2009. The industry forecast and the expected rise in capital expenditure among semiconductor players in Asia will continue to underpin the outlook of the Equipment division of Rokko, which remains as the main revenue contributor to the Group. Revenue from the Equipment division is expected to increase about 400% in 1H2010 as compared to 1H2009. The Stamping division which serves the connectors industry enjoyed a buoyant demand in 1H2010 with revenue forecasted to exceed 300% as compared to 1H2009. The Tooling division which supports the Group’s Equipment and Stamping divisions also enjoyed growth of more than 70% in 1H2010 as compared to 1H2009. Order Book As at 2 July 2010, the Group’s order book stood at approximately S$15.5 million, compared to S$10.3 million as at 31 December 2009. The Equipment division accounted for approximately 70% of the order book while the Stamping and Tooling divisions accounted for the balance 30% of the order book. Continuous Investment for Research and Development The strong demand for the Group’s product, the RS8000 series sawing singulation systems and the FX300 ball mounter system reflects the Group’s strong commitment to research and development (“R&D”) of new products. The Group consistently commits about 8% of its annual revenue towards R&D expenditure and it is expected to continue to invest the same amount for FY2010. Its RS8000 series offers an average of 50% higher productivity than its predecessor RS7000 series at a marginal price difference, and has gained increasing traction among clients who is seeking for higher productivity with lower cost of equipment ownership. Interim Dividend To reward shareholders for their continued support and barring any unforeseen circumstances, the Board intends to recommend an interim dividend for 1H2010. For FY2009, the Group declared and paid a first and final dividend of S$0.005 per share. The Group expects to release its half-year results for 1H2010 on or about 5 August 2010. By Order of the Board Lim Chong Chen Managing Director 17 July 2010

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