Hi-P   

HI-P INTERNATIONAL LIMITED

As I mentioned b4, I din c 大鱼跑路...

('',)

Bon3260      ( Date: 26-Nov-2010 11:00) Posted: Hi-P dwn trend liao. Unless Hi-P has daily share buy back again... But I still din c 大鱼跑路 ley. ('',)

 

thks and happy to see this post coz I am vested too in this counter :)

good luck to all who have this counter. 

enghou      ( Date: 10-Dec-2010 17:13) Posted: DBS recommends BUY on Hi-P and Venture Target price for Hi-P at $1.30 Target price for venture at $11.80  We are selective on the tech sector in view of moderated growth outlook owing to tepid economic recovery and rising costs. We advocate cherry picking companies that are into smartphones, tablets and corporate equipment/devices, like Hi- P and Venture. Large cap dividend stocks can also enhance returns. Hi-P is in the sweet spot of smartphones and tablets, which are the fastest growing segments. The stock is undervalued, trading at less than 8x FY11. Buy for 36% upside to TP of S$1.30. Venture is a beneficiary of corporate demand. Its industrial business is expected to drive sales growth and margin expansion. Venture has issued positive guidance, expecting sequential growth in Q4, which stands out against the weak tech sentiment. Buy for 29% upside to S$11.80 TP plus 5-6% dividend yield. Wish you a nice weekend

 

DBS recommends BUY on Hi-P and Venture

Target price for Hi-P at $1.30

Target price for venture at $11.80

 We are selective on the tech sector in view of moderated

growth outlook owing to tepid economic recovery and rising

costs. We advocate cherry picking companies that are into

smartphones, tablets and corporate equipment/devices, like Hi-

P and Venture. Large cap dividend stocks can also enhance

returns. Hi-P is in the sweet spot of smartphones and tablets,

which are the fastest growing segments. The stock is

undervalued, trading at less than 8x FY11. Buy for 36% upside

to TP of S$1.30. Venture is a beneficiary of corporate demand.

Its industrial business is expected to drive sales growth and

margin expansion. Venture has issued positive guidance,

expecting sequential growth in Q4, which stands out against

the weak tech sentiment. Buy for 29% upside to S$11.80 TP

plus 5-6% dividend yield.

Wish you a nice weekend 

 

I wish to. But it has been hovering around this price. The price is driven about 94 then will exit at 92. 

 

I think is good time for this to move up.

 

Hi-P dwn trend liao. Unless Hi-P has daily share buy back again...

But I still din c 大鱼跑路 ley.

('',)

 

Hi-P (H17)

With no major movement in price, a significant increase in the number of shares traded is detected as compared to the average volume traded over the past 50 days. It is also observed that the MacD line is below the signal line indicating some short-term price weakness.   Hopefully dont break the 92 support   Realy hope that it is overold. Hopefully dont be another Supergroup!

 

Hi-P's chart shown over sold.

Shd b hving a technical rebounce tmr...

('',)

fralin_lee      ( Date: 24-Nov-2010 21:08) Posted: hi, what happen to this stock?

 

hi, what happen to this stock?

 

Hi thanks for the post.

Believe you are vested, lol so am I

stuck at 1.11

New123      ( Date: 28-Sep-2010 21:55) Posted: The company is buying back shares at 99 cents,, Is it a good time to accumulate some?

 

profit to triple...


 

From Lim & Tan Securities


Hi-P will announce their 3Q ’10 results before trading on 2 Nov ’10. 

We are expecting the company to report a robust set of results with 3Q ’10 profit coming in around $30mln versus last year’s $10.8mln and last quarter’s $12.4mln, underpinned by maiden contributions from Apple, new product launches by existing customer Research In Motion as well as stable demand from P&G and Colgate. 

$30mln quarterly profit would be the second highest quarterly profit achieved in the company’s history since 4Q ’07’s $31mln.

Since hitting an intra-day high of $1.15 on 13 Oct ’10, Hi-P’s share price has been correcting and closed at $1.04 yesterday, partly due to overbought technical factors and partly due to the fact that they have ceased their share buy backs since 8 Oct ’10 when they bought 463,000 shares at $1.05 each. The company is not allowed to buy back shares 2 weeks ahead of its results announcement. 􀁺

At $1.04, the stock is close to its 2007 peak of $1.03.

Separately, its new customer Apple reported that its iPad sales rose from US$2.166bln in 2Q ’10 to US$2.792bln in 3Q ’10 with unit volume rising from 3,270 to 4,188. Independent reseach tech firm Gartner expects Apple’s iPad sales to rise from about 20mln units this year (implying 12.54mln units in 4Q ’10) to 55mln units next year and 208mln units in 2014. This bodes well for Hi-P as they have just started manufacturing components for Apple’s iPad in 3Q ’10.

We see weakness as a buying opportunity.

 

The company is buying back shares at 99 cents,, Is it a good time to accumulate some?

 

Wow, u made $ already, So good!!

purelotus      ( Date: 22-Sep-2010 11:16) Posted: Just bought this baby yesterday at 4.59PM @ 0.88

 

Just bought this baby yesterday at 4.59PM @ 0.88

 

Hooray!! It's again its day to go up!!! Tday a very reliable research reported an uograde to its new tp fr 0.94 to 1.26 due to some last nite announcement. Buy n cover, its a gd cash cow to me :D happy making!!!!

Bon3260      ( Date: 22-Sep-2010 09:26) Posted: Cheong ah!!! Bon3260      ( Date: 08-Sep-2010 17:20) Posted: As @ 08-Sep-2010 (Wed); Hi-P close 0.900... Gd job!!! ('',)

 

Cheong ah!!!

Bon3260      ( Date: 08-Sep-2010 17:20) Posted: As @ 08-Sep-2010 (Wed); Hi-P close 0.900... Gd job!!! ('',) Bon3260      ( Date: 20-Mar-2010 14:53) Posted: Hi-P's presently facing corrections during our STI 2,900 - 2,950pts. Once corrections over, Hi-P'll cheong till 0.70+ & abv... ('',)

 

As @ 08-Sep-2010 (Wed);

Hi-P close 0.900...

Gd job!!!

('',)

Bon3260      ( Date: 20-Mar-2010 14:53) Posted: Hi-P's presently facing corrections during our STI 2,900 - 2,950pts. Once corrections over, Hi-P'll cheong till 0.70+ & abv... ('',)

 

This is one of the rare baobei's to be found in the market...

         It has risen a lot from the lows...

 

DAILY SHARE BUY-BACK NOTICE

* Asterisks denote mandatory information

 

"DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement."

 

Name of Announcer *	HI-P INTERNATIONAL LIMITED
Company Registration No.	198004817H
Announcement submitted on behalf of	HI-P INTERNATIONAL LIMITED
Announcement is submitted with respect to *	HI-P INTERNATIONAL LIMITED
Announcement is submitted by *	Yao Hsiao Tung
Designation *	Executive Chairman and Chief Executive Officer
Date & Time of Broadcast	24-Aug-2010 17:57:53
Announcement No.	00076

 

 

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

 

Name of Overseas Exchange where Company has Dual Listing (if applicable)

NA

 

(A) Share Buy-Back Authority

 

I.

Maximum number of shares authorised for purchase*

86,874,600

 

(B) Details of Purchases Made

 

I.

Purchases made by way of market acquisition

Yes

 

If answer to the above question is Yes, please fill in the following :

 

		Singapore Exchange	Overseas Exchange
1	Date of Purchases	24-08-2010
2a	Total number of shares purchased	263,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	263,000
3a	Price paid per share# or	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : S$   Amount : 0.845	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : S$   Amount : 0.84	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 222,655.84	Currency : [Select Currency]   Amount :

 

# Specify currency

 

II.

Purchases made by way of off-market acquisition on equal access scheme?

 

If answer to the above question is Yes, please fill in the following :

 

		Singapore Exchange	Overseas Exchange
1	Date of Purchases
2a	Total number of shares purchased
2b	Number of shares cancelled
2c	Number of shares held as treasury shares
3	Price paid or payable per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :

 

# Specify currency

 

(C) Cumulative Purchases

 

	By way of market acquisition		By way of off-market acquisition on equal access scheme		Total
	No.	% 1	No.	%	No.	%
Cumulative no. of shares purchased to-date 2	26,407,000	3.040			26,407,000	3.040

 

1 Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution 2 From the date on which the share buy-back mandate is obtained

 

(D)	Number of issued shares excluding treasury shares after purchase *	842,339,000
	Number of treasury shares held after purchase*	44,836,000

 

Footnotes

 

displayAttachments_LN::

displayAttachmentsLength_LN::

Attachments

Total size = 0 (2048K size limit recommended)