Aztech   

Aztech: 1H FY06 Net Profit Up 75%

Today no buy back, so drop 1c!

 

1	Date of Purchases	24-06-2008
2a	Total number of shares purchased	100,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	100,000
3a	Price paid per share# or	Currency : S$   Amount : 0.22	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
	Lowest price 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 : S$   Amount : 22,128.89	Currency : [Select Currency]   Amount :

Cumulative no. of shares purchased to-date 2

1,957,000

0.48

1,957,000

0.48

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 *	406,386,000
	Number of treasury shares held after purchase*	14,555,000

 

20 lots is a small amount out of the 285 lots transacted, why don't the company just bought the 20 lots as it had bought 90 lots as share buy back ?

 

20 lots @ 22c open mkt purchase, works out to be $4.4k (excl comm). Hardly a convincing statement of confidence from a ED (exec director).

Luostock      ( Date: 23-Jun-2008 21:57) Posted: 1. Holdings of Director , including direct and deemed interest :   Direct Deemed No. of shares held before the change 0   750,000   As a percentage of issued share capital 0 % 0.178 % No. of shares held after the change 20,000   750,000   As a percentage of issued share capital 0.005 % 0.178 %

 

1.	Holdings of Director , including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	750,000
As a percentage of issued share capital	0 %	0.178 %
No. of shares held after the change	20,000	750,000
As a percentage of issued share capital	0.005 %	0.178 %

 

Date of Purchases	23-06-2008
2a	Total number of shares purchased	90,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	90,000
3a	Price paid per share# or	Currency : S$   Amount : 0.22	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
	Lowest price 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 : S$   Amount : 19,915.99	Currency : [Select Currency]   Amount :

 

1	Date of Purchases	20-06-2008
2a	Total number of shares purchased	150,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	150,000
3a	Price paid per share# or	Currency : S$   Amount : 0.22	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : S$   Amount : 0.225	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : S$   Amount : 0.22	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 33,238.58

 

any guess on aztech 2Q June 08 results? I think might be lower due to depreciation chg on the vessels. wonder when the coy will book in profit for the building materials contract.

 

1	Date of Purchases	19-06-2008
2a	Total number of shares purchased	200,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	200,000
3a	Price paid per share# or	Currency : S$   Amount : 0.221	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : S$   Amount : 0.225	Currency : [Select Currency]   Amount :
	Lowest price per share#	Currency : S$   Amount : 0.22	Currency : [Select Currency]   Amount :
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares#	Currency : S$   Amount : 44,535.38	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	1,617,000	0.397			1,617,000	0.397

 

Whether you're a Retail Investor or an Institution Investor, you main goal is to make money. There is no rule to say that an Institution Investor is not allow to invest in all other stocks except Blue Chips. As long as you've indentify a good stock whether it is blue, red, black or green; you place your bet. The differences between an Institution Investor and a Retailer are that the former has much bigger muscles and better info available and of course, manpower! Cheers!

 

Aztech good to buy now..but only for mid to long term investment.... not for punting.....

 

Date of change of Shareholding

30-05-2008

2.

Name of Registered Holder

Mun Hong Yew

3.	Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
	# Please specify details

4.

Information relating to shares held in the name of the Registered Holder

No. of Shares held before the change 93,140,386   As a percentage of issued share capital 22.127 %   No. of Shares which are subject of this notice 125,000   As a percentage of issued share capital 0.030 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.255     No. of Shares held after the change 93,265,386   As a percentage of issued share capital 22.156 %

 

it is possible for institutional investors and private equity funds to invest in small n midcap companies. it's just my guess for Aztech, but I know for a fact tat the directors have been buying up the shares.

 

I beg your pardon, institution refer to ???. as i know they are only allow to put $ on blues and nothing else.

Maybe something i do not know. Can pls enlighten me? Thank.

 

waterfalls, I'm quite happy to break even on Aztech as I prefer not to be tie-down  with  my cash and move on to one with better and clearer and proven business model (HL Asia). Cheers!

 

1	Date of Purchases	12-06-2008
2a	Total number of shares purchased	95,000
2b	Number of shares cancelled	0
2c	Number of shares held as treasury shares	95,000
3a	Price paid per share# or	Currency : S$   Amount : 0.24	Currency : [Select Currency]   Amount :
3b	Highest price per share#	Currency : [Select Currency]   Amount :	Currency : [Select Currency]   Amount :
	Lowest price 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 : S$   Amount : 22,933.57	Currency : [Select Currency]   Amount :

 

There were large transactions done betw 26 to 28 cts, so I guess the institutitional investors are still holding on to the shares for the mid to long term view. Despite the fall in price, I hope the price will bounce back by year end. At 23 cts, how much further can it drop?  Master ten4one, I hope you had made profits from the sale.

ten4one      ( Date: 12-Jun-2008 10:03) Posted: Waterfall, I've already sold my last 30 lots and shifted to HL Asia  (taking advantage of the Contruction Boom) which I feel is a more experienced Company in this field plus good support from related Companies and of course, good clients. Cheers!

 

Well, tat's the network Spore is going for in the IT2015 Masterplan. Spore is behind the major players like US, Korea, Taiwan and HK in these networks. 100Mbs is common nowadays in these countries. 

Aztech may not be the market leader in this area. But it is developing products that will cater to the needs of the next generation of Broadband or Fiber Optics. It is still able to capture market shares in US, Europe and now trying to open the East Europe and South AMerican markets.  Markets are huge over these places, so I am quite optimistic about its product range. Just a little concerns over the price of raw materials, manufacturing and transportation costs.

Let's look at its quarterly report out next month. Let's see what's the numbers from the balance and revenue streams.  Cheers

 

Nothing new isn't it. I think that is what Aztech do BEST!!!!!!!!!!!!! Cheers!

uming16      ( Date: 13-Jun-2008 23:29) Posted: 12 Jun 08 - Aztech bought 95,000 shares @ S$22,924.83

 

Hahaha...shiplayer, it is Greek indeed that only Geeks could understand. As far as I know, even you've have best equipment with the higest bandwith, you would not be able to access the speed if the 'speedway' is jammed with heavy traffic in a Broadband Service Environment. No point having a product that depends on other conditions to achieve the 'goal'. Sad to say that such products could easily be 'copied' without infringement unless it is a new invention with the pattern right registered!!!!!!!!!!! Cheers!