Amtek

Is the Amtek good for accumulate now. EPS 6.13 cents for FY Jun 13. If Amtek able to maintain same level of earning for the FY 2014 then the PE only 7.6 times.The PE is quite low. Cash rich. The lowest is 44 cents and was sideway for almost three months. Dividend 2 cents expiry on 1 Nov 13. At the 47 cent, the yield is 4.25% & R/R not so bad. The highest price went to $1.41.

Standard Chartered owned 29.87% & Temasek subsidiary Aranda Investments owned 1.33%.