MAP Tech
MapTech profit for 3rd qtr 2009 (+++)
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Some people don't like dual listings but I think it is good to dual list a stock.
good or bad ?
jm2212 ( Date: 07-Dec-2009 11:52) Posted:
| heard plan for dual listing in taiwan. i din buy anyway |
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Alamak! Got caught.Still holding quite number of lots.....Hope not too bad a change.
dual listing... will it affeat the share up or down?
heard plan for dual listing in taiwan. i din buy anyway
"H"...anybody can advise the reason? Thanks!
MAP Tech
3 months ended Sep 2009
Net Profit (S$M)
Current 1.17 Previous 5.52 % Change -78.8
Yah,agreed with God-of-war.Cheers.
ravikp ( Date: 25-Oct-2009 09:51) Posted:
How long we have to wait? It will happem in near future or take long time?
God_of_War ( Date: 25-Oct-2009 08:47) Posted:
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Maptech profits for every qtr is quite good in actual. If not due to recession that resulted in debts from Fujilink, etc. U thk Map Tceh needs to raise rights. People don't look good on it bc of the debts things.
But thk differently. A company that profits well every qtr, u thk can they get out of this financial problem. And with the divesting news, Map Tech will be cash rich. To be frank, problem maybe solved eventually.
So buy now when it is still cheap. When good news announce, u want to catch it cheaply may also not possible.
See how thing goes daniel2356.......
zhanshen
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go find out more about their business and how well they are doing now, then you will know the reason and can help you to decide better.
How long we have to wait? It will happem in near future or take long time?
God_of_War ( Date: 25-Oct-2009 08:47) Posted:
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Maptech profits for every qtr is quite good in actual. If not due to recession that resulted in debts from Fujilink, etc. U thk Map Tceh needs to raise rights. People don't look good on it bc of the debts things.
But thk differently. A company that profits well every qtr, u thk can they get out of this financial problem. And with the divesting news, Map Tech will be cash rich. To be frank, problem maybe solved eventually.
So buy now when it is still cheap. When good news announce, u want to catch it cheaply may also not possible.
See how thing goes daniel2356.......
zhanshen
daniel2356 ( Date: 23-Oct-2009 13:36) Posted:
| Divesting is good news or bad news.When will the excercise about to take place?If too long then it will still be sleeping.Thanks |
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Maptech profits for every qtr is quite good in actual. If not due to recession that resulted in debts from Fujilink, etc. U thk Map Tceh needs to raise rights. People don't look good on it bc of the debts things.
But thk differently. A company that profits well every qtr, u thk can they get out of this financial problem. And with the divesting news, Map Tech will be cash rich. To be frank, problem maybe solved eventually.
So buy now when it is still cheap. When good news announce, u want to catch it cheaply may also not possible.
See how thing goes daniel2356.......
zhanshen
daniel2356 ( Date: 23-Oct-2009 13:36) Posted:
Divesting is good news or bad news.When will the excercise about to take place?If too long then it will still be sleeping.Thanks
God_of_War ( Date: 23-Oct-2009 12:39) Posted:
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But heard that MAP Technology will be divesting a subsidiary. And that will make them cash rich. When it happen, Maptech won't be that cheap. |
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This one need to be patient. So temporary ignore it first.
Cheers.
Divesting is good news or bad news.When will the excercise about to take place?If too long then it will still be sleeping.Thanks
God_of_War ( Date: 23-Oct-2009 12:39) Posted:
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But heard that MAP Technology will be divesting a subsidiary. And that will make them cash rich. When it happen, Maptech won't be that cheap.
daniel2356 ( Date: 23-Oct-2009 11:10) Posted:
| Sleeping all day sleeping |
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But heard that MAP Technology will be divesting a subsidiary. And that will make them cash rich. When it happen, Maptech won't be that cheap.
daniel2356 ( Date: 23-Oct-2009 11:10) Posted:
Sleeping all day sleeping.
God_of_War ( Date: 17-Oct-2009 13:31) Posted:
Looks ok and positive. See how it progress on Monday. But Dow slump may have some impact on all counters this Monday.
zhanshen |
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Sleeping all day sleeping.
God_of_War ( Date: 17-Oct-2009 13:31) Posted:
Looks ok and positive. See how it progress on Monday. But Dow slump may have some impact on all counters this Monday.
zhanshen |
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Looks ok and positive. See how it progress on Monday. But Dow slump may have some impact on all counters this Monday.
zhanshen
The Group revenue for the third quarter ended 30 September 2009 declined by 3.2% to US$40.8 million compared with US$47.1 million in the previous corresponding quarter. The decline in revenue was mainly attributed to EMS solutions and die-cut components divisions, which recorded a drop in revenue of 21.2% and 42.6% respectively. This is largely due to changes in product mix. This was partly mitigated by the higher revenue contribution of US$0.3 million and US$0.7 million from precision stamping and the plastic injection moulding divisions respectively, due to increase in orders and new customers secured. In line with the drop in revenue, the Groups gross profit decreased by 13.0% or US$0.9 million (3Q2009: US$5.8 million; 3Q2008: US$6.7 million). Gross margin for the quarter approximates that of the previous corresponding quarter (3Q2009:14.3%; 3Q2008: 14.3%).
The Groups general and administration and other expenses increased 36.1% to US$2.1 million as compared with the previous corresponding period, mainly due to provision for impairment in certain fixed assets and allowance for inventory valuation and obsolescence. To summarize, the Group recorded a net profit of US$0.8 million for the third quarter of 2009.
