
Another passing thought on Amtek...On short term speculation, moving forward..
12-01-11. Sharing info  on SGX news. BBs is un-loading after hitting it TP, today  punt up to a high of $1.41c   
23-12-2011. Closed  for - Amtek       Last done:0.61     Vol:7663k    

teeth53 ( Date: 12-Jan-2011 23:34) Posted:
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Be careful while investing, punting and or trading.
Amtek - Trade with care, BBs selling down also. During the period from 10 to 11 January 2011,.
Standard Chartered PLC sold down 30.3% to 28.3%.
A series of on-market transactions by Aranda Investments Pte. Ltd. ("Aranda") which decreased its interest from 5.39% to 4.96% and Aranda ceased to be a substantial shareholder on 11 January 2011.
Aranda is a wholly owned subsidiary of Seletar which is in turn a wholly owned subsidiary of TC. TC is a wholly owned subsidiary of Temasek.
Accordingly, Temasek, TC and Seletar ceased to be substantial shareholders on 11 January 2011.
teeth53 ( Date: 12-Jan-2011 18:37) Posted:
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Trade with care, BBs is unloading.
teeth53 thot - Just sharing my trading experience.
Just sharing info from SGX news. BBs is un-loading after hitting it TP, today punt up to a high of $1.41c
Amtek | 1.320 | last done-1.350 | +0.040 | +3.1 | Vol-17,973,000 | 265,000 | 1.340 | 1.350 | 80,000 |
1-01-2011 (News from SGX)
STD Charter....Standard Chartered Private Equity Limited
The change in the percentage level. From 30.3 % To 28.3 %
cathylmg ( Date: 11-Jan-2011 16:04) Posted:
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Morgan Stanley recommends BUY with Target price of $1.46
Repositioned for growth with 15% upside potential:
Since delisting from the Singapore Stock Exchange in
August 2007, Amtek has repositioned itself under new
management as a specialist in the manufacture of
complex metal precision components, broadening its
product lineup, clientele and end-market applications.
The restructuring over the past two years has given
Amtek more efficient operations, a leaner cost structure
and a cleaner balance sheet. Our S$1.46 price target
implies 15% upside together with a forecast 3% cash
dividend yield; this represents 10.3x our FY11e EPS or
9.3x CY11e EPS, the midpoint of peer valuations.
Differentiated by enriched value-added services:
Amtek’s competitive strength lies in its complex metal
manufacturing processes, consisting of cold forging,
progressive stamping, laser welding, multi-slide forming
and integration of plastic and rubber. We believe this
enables the company to move up the value-added chain
and gain market share in segments with high entry
barriers (from HDD and consumer electronics to auto
and electrical and electronics), expanding overall
margins. We note its uptrend in margins since FY2010.
Growth outlook: After a net loss in FY09 and modest
profits in FY10, net income should jump 177% YoY in
FY11 despite sales growth of only 11%, we expect. A
more favorable product mix, strictly controlled OPEX,
absence of non-operating items, and lower taxes should
boost the net margin. We see 17% normalized earnings
growth in FY12 (driven by rising automotive outsourcing,
richer value content for electrical segments and new
client additions) with a mild margin increase due to lower
sales mix from consumer electronics and printing, which
carry only single-digit gross margins, we estimate.
Key risks: Volatility in end-demand (hence delays in
outsourcing), potential product transition and market
share losses at customers could weigh on Amtek’s top
line, reducing operating leverage. Wage increases and
customer pricing pressures could squeeze margins.
Life Is Great
AnthonyTan ( Date: 11-Jan-2011 15:54) Posted:
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Of course you can. If you have the money, you can buy any
public co. make it into a private co. Subsequently, you can
seek a listing in SGX by issueing IPO to the public.
A good recent example is CKTang.
cathylmg ( Date: 11-Jan-2011 15:29) Posted:
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Amtek Engineering : From private co. to public co.
Consortium bought over the co. and make it private.
Now they issue shares and go public again.
Tat's the way to make money, hahaha, very clever, cheers
Hulumas ( Date: 11-Jan-2011 13:42) Posted:
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AnthonyTan ( Date: 11-Jan-2011 10:03) Posted:
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Hulumas ( Date: 11-Jan-2011 13:42) Posted:
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AnthonyTan ( Date: 11-Jan-2011 10:03) Posted:
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Buy the Co. at cheap price and make it private.
After that, go public and start issueing as many
shares as you like to the public. Your accountant
will be able to do all this. Cheers.