Image result for buy sell hold

RHB SECURITIES CIMB SECURITIES

GSS Energy

Ideal Proxy To The Tech Boom And Oil Price Recovery

 

With new projects in the auto and consumer space, we expect FY18 to be even better for GSS. Trading at 9x FY18F ex-cash P/E, valuations just account for the PE business. With oil & gas discovery affirmed in Dec 2017, 1P reserves already conservatively estimated at SGD0.29/share, and oil & gas revenue to come in 1H18, we think GSS is significantly
undervalued and provides a unique opportunity for investors to ride on the manufacturing boom and oil price recovery. As a result, we initiate coverage with a BUY and with an SOP TP of SGD0.25 (56% upside).

Powermatic Data Systems Limited

Get free Wi-Fi with this stock

 

■ Powermatic’s core business is manufacturing a wide range of wireless connectivity hardware such as wireless modules, embedded boards and antenna.

■ As the company is able to offer hardware and software design capabilities, it also enjoys higher gross margins than its peers without design capabilities.

■ At the current share price, we believe that investors are getting Powermatic’s growing wireless connectivity business for free.

■ We initiate with an Add call as we expect the company to continue benefiting from the growing connectivity of devices and the advent of 5G telecommunications network.

 

Read More ...

 


LionelLim8.16Check out our compilation of Target Prices




Add comment


Share Prices

Counter NameLastChange
AEM Holdings0.840-0.005
Alliance Mineral0.2700.005
Anchor Resources0.023-
AusGroup0.033-
Avi-Tech Electronics0.3000.015
Best World Int.2.3800.010
China Sunsine1.400-
DISA Limited0.003-0.001
Federal Int. (2000)0.240-0.030
Food Empire0.530-
Geo Energy0.169-
Golden Energy0.230-0.005
GSS Energy0.097-
ISDN Holdings0.195-0.005
ISOTeam0.205-
KSH Holdings0.520-
Lian Beng Group0.475-
Miyoshi0.042-
Nordic Group0.3900.005
Oxley Holdings0.285-
REX International0.060-
Riverstone1.120-0.050
Roxy-Pacific0.400-
Sing Holdings0.385-0.005
Sino Grandness0.126-
Straco Corp.0.710-0.005
Sunningdale Tech1.480-0.020
Sunpower Group0.3050.005
The Trendlines0.096-0.005
Tiong Seng0.280-
Uni-Asia Group1.200-
XMH Holdings0.180-
Yangzijiang Shipbldg1.2200.010

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 2582 guests and one member online

  • josephyeo