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wat's wrong with this

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francisd
    27-Sep-2007 14:58  
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Moving up due to the reuters news

.INTERVIEW-DVD machine maker Anwell sees profit, sales surge



SINGAPORE, Sept 27 (Reuters) - Hong Kong-based Anwell Technologies , which makes machines that produce DVDs, said it expects a "sharp jump" in third-quarter earnings, as the optical disc industry emerges from a downturn.

"In quarter three, we can expect a sharp jump in net profit because of the recovery in our gross profit margin," Anwell's Chief Executive Officer Franky Fan told Reuters in a telephone interview on Thursday.

The company made a net loss of HK$11 million ($1.4 million) in the third quarter of 2006 after issuing a profit warning, citing an industry-wide slump as demand for optical discs fell below the production capacity of DVD and CD makers, to which Anwell sells its machines.

Fan said the firm's full-year revenue is expected to triple as Anwell delivers most of its HK$274 million ($35.29 million) order book by the end of the year.

Anwell, which has a market cap of $67 million, posted a 34 percent decline in FY2006 sales to HK$178 million and a net loss of HK$57 million for the period, hammered by "intensive price competition as a result of the sluggish market demand condition", the firm said in its financial statement.
 
 
ivorycoast
    04-Sep-2007 15:23  
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This morning Ultro and Achieva lead the pack. Now Magnus ..... Later Anwell again ......
 
 
ivorycoast
    04-Sep-2007 15:18  
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At last Magnus tua cheong .....

 

Super pennies still very much alive .....

 

Keep close watch on Anwell .....
 

 
ivorycoast
    04-Sep-2007 15:11  
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lai liao ..... lai liao .....
 
 
ivorycoast
    04-Sep-2007 14:51  
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Another round in the afternoon
 
 
ivorycoast
    04-Sep-2007 11:55  
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Ai cheong liao
 

 
ivorycoast
    04-Sep-2007 10:04  
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Wind blowing in this direction liao.

 

Anwell ..... another multi-bid mover .....

 

Check this out .....

 

 
 
 
Bigman
    30-Jul-2007 09:50  
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Good! Soup has started to boil..... Smiley
 
 
Bigman
    19-Jul-2007 19:58  
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Anyway, based on previous historical price chart, this counter has potential to head north. If good news followed, we can earn some kopi $$ to ease our thirst..... Smiley
 
 
momoli
    18-Jul-2007 14:40  
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probably due to the upcoming EGM on 30 Jul 07 on issuance of convertible notes. $50 mio to be issued in 5 tranches. Not sure wats the conversion px thg. 

Smiley
 

 
Bigman
    18-Jul-2007 14:24  
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Yes. I heard that 0.3 rumour from reliable source. Seem like BB start consolidating the share and wait for the East wind to blow.......  vested.
 
 
podive
    13-Jul-2007 09:35  
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anyone know what is the reason for the recent movement in share price? thanks
 
 
joeyttk
    09-Jul-2007 10:32  
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rumour says tp at 0.3 at the end of the year... anyone hear anything ?
 
 
huatwaa...
    03-Jul-2007 13:06  
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I think this guy must be over sleep ! Watched this counter for 2 weeks, today finally ?
 
 
podive
    03-Jul-2007 12:34  
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anyone know what is happening? price went up this morning after stagnant for long time.. thanks.
 

 
hanwudi
    26-Feb-2007 18:09  
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The company will release its unaudited financial 4Q and FY2006 on 1 Mar 07. Any idea how is the performance?
 
 
hchuan
    15-Mar-2006 12:07  
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stock? it's heading to a historical low....
 
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