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AEM-Evertech

I see you are a gypsy of olde, huh?.....  lol   :)

 

yeah, me too ipunter. my crystal ball says this counter is going to zoom up soon.

 

But somehow, I have this really really deep-in-the-gut feeling that AEM-E is ready to make a good move anytime from now.  Deep-gut-feel  is one thing. The best I would do is  to  make a take a small punt on it.  If  I am wrong,  I will quicky step out 2 clicks below my entry. And I won't be ashamed of my mistake.  :)

 

Hi lis_wang

Where did you get this piece of information from?

I note the counter has been lagging behind other tech stocks despite a buy call by UOBKay Hian.  Perhaps the institutional buyers have not taken a fancy to it yet.

 

AEM-Evertech, a leading manufacturer of equipment products, organic substrates, precision engineering parts, chemicals, solutions and services in the semiconductor industry reported net profit of S$10.7 million on total revenues of S$126.9 million for 1H2006. This represents a 138% increase in net profit and a 75% increase in total revenues over 1H2005. Net profit in 1H2006 exceeded net prsofit of S$10.2 million in full financial year 2005.AEM-Evertech?), a leading manufacturer of equipment products, organic substrates, precision engineering parts, chemicals, solutions and services in the semiconductor industry reported net profit of S$10.7 million on total revenues of S$126.9 million for 1H2006. This represents a 138% increase in net profit and a 75% increase in total revenues over 1H2005. Net profit in 1H2006 exceeded net profit of S$10.2 million in full financial year 2005.

AEM?s wholly-owned subsidiary, Microcircuit Technology (S) Pte Ltd, had signed a memorandum of understanding with Taiwan-based Qualitek Electronics Co., Ltd ("QEC"), to acquire 100% interest in the equity of its Malacca subsidiary namely, Qualitek Electronics (M) Sdn. Bhd. for RM13.5 million (approximately S$6 million).

The primary asset of the company to be acquired is a manufacturing facility in the Batu Berendam Free Trade Zone Phase 3 which currently produces rigid printed circuit boards ("PCB") of up to 12 layers. AEM intends to use the plant to expand its production capacity for organic substrates. When fully utilized, the Malacca plant is expected to double AEM?s output for the critical high-end semiconductor component.