

Ellipsiz Ltd
NAND Flash Memory and LogicTouch™, a fine pitch vertical probe card. Both new products aim to provide
superior testing performance at a lower cost of ownership and underpin the growth strategy that will strongly
position SV in the high growth memory and advanced logic probe card market segments over the next few
years.
now back to 0.24
Is it a good time to buy now ?
Seems like moving upwards liao! Congratz to those who vested @0.24 and below!
Then should be good earning i suppose cos there are alot of speculation going on in this counter..... Hope i can catch it if it does...
cheers
zhuge_liang ( Date: 07-May-2008 13:17) Posted:
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Hi guys,
I heard that there's going to be some announcements this coming 13th May. May I know what form of announcement?
Thanks!
Ellipsiz warned that profit for H1 ended Dec ?07 will be ?significantly lower? than a year ago, when the profit was a robust $10.89 m. (Profit in H2 ended Jun ?07 had already slipped to $4.14 m.) Ellipsiz has also appointed Melvin Chan as the new CEO, as Xavier Chong gives up the role to remain as Executive Chairman. Ellipsiz?s share price has dropped about 70% since the prospective buyer terminated talks with the company in Jun. Ellipsiz is at its lowest since 2003.
"The first 6 months of 2007 saw sharp decline in average selling price for semiconductor chips due to intense competition, pricing pressure and inventory issues. This situation continued into second half of 2007," the company said in a filing to SGX.
Ellipsiz said its margins and profits were further impacted by higher costs from the weakening of the US$, and the restructuring of its distribution and services business, but said it expected to remain profitable for the period.
Ellipsiz said it will announce its results for the six months to Dec '07 on Feb 14.
The company had announced last Jun a failed takeover bid by an unnamed party, after talks to sell its shares ended without an agreement.
given up hope liao
loss on contra :(