NeraTel
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Nera Telecommunications - The hidden Gem
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U still vested???
Dividend_Warrior ( Date: 15-Jul-2013 18:16) Posted:
Fly! Fly! Fly!
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Anyone vested here???
Today's selling is probably in response to CEO Samuel Ang's selling out of
his direct stake in the company. He sold 365 lots at $0.815 on July 17
and another 675 lots at $0.825 on July 18. He is left with a deemed
interest of only 25 lots after that.
francisd ( Date: 22-Jul-2013 10:13) Posted:
VERY unusal about NERA today to fall.
I believe someone is shorting this counter.
Always a opport. to buy a VERY good counter when it falls for no reason.
Take care guys.
Cheers.
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big fish president of neraltel clearing his position.
small fish better siam.
VERY unusal about NERA today to fall.
I believe someone is shorting this counter.
Always a opport. to buy a VERY good counter when it falls for no reason.
Take care guys.
Cheers.
Dead stock.... Down hill since last week.
Jeep today.... Hope it can go higher again... Fly fly fly !!!
Surpassed historical high yesterday...... any target price? 90c a possibility?
turbo charge upwards.
so fast chiong past 81 cents
Bro, I've not in yet. waste the boat. is it good time to go in now? what resistence and support level from now on?
Dividend_Warrior ( Date: 15-Jul-2013 18:16) Posted:
Fly! Fly! Fly!
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Fly! Fly! Fly!
Neratel - up almost 15% in 3 day ....
Congrats if you have followed our post on Neratel, we posted Neratel on Monday mid night when it was closed at $0.645. we called for long if it breaks $0.65, some of our friends entered this trade and currently sitting with 14% in 3days. IF u followed, just note that today might be a good day to take some(half) profit off the table. and move ur stoploss to $0.725. Due to the surprise spike up, we don't want to let it surprise us downward....Last Done: $0.730...
Fly! Fly! Fly!
Close at $0.735, up 6 cents in high volume, despite overall market weakness. Touched $0.75, highest since year 2000.
Neratel fly fly fly!
Power of Myanmar!!!
Nera Tel one of our top picks in the mid-cap space retested its 2013 high yesterday at 69 cents before closing at 67.5 cents on a higher than average 3mln shares traded.
The stock has risen 9% in 2 days on optimism that its customers Norway’s Telenor and Ooredoo(formerly known as Qatar Telecom), the recently announced winners of one of 2 telecom license in Myanmar means increased business opportunities for the company.
According to Nera’s management, while they have supplied Telenor and Ooredoo in the past, they would still have to go through official bidding processes.
But both Telenor and Ooredoo have 9 months from Sept’13 to start operations and they are targeting to cover 75% of Myanmar with voice services and 50% with data services within the next 5 years. Ooredoo is targeting to spend US$15bln to reach 90% of Myanmar’s population within 2 years
This suggests that they will need a lot of support from their existing supplier base such as Nera Tel.
Nera has already began deploying payment solution terminals for the biggest banks operating in Myanmar and their prior experience with operating in frontier economies such as Afganistan and Pakistan would also help them set up operation in Myanmar.
The above suggests continued potential robust order wins ahead.
While the stock has done well, being one of the few to be retesting its 2013 highs, we continue to like it as its yield of 6% and forward PE of 10x against growth of 20% remains attractive.
Neratel communication closed $0.645 today with some strength that it might break through the sideway consolidation zone of $0.65 to $0.59. this counter is a good dividend payer. Can consider to enter if price break $0.65 stoploss can place somewhere below 0.59...Last Done: $0.675 ....
Nera could be the beneficial of Myanmar opening and antiqued telecom infrastructures. At PE 12.5 it is not exactly a bargain but with a dividend yield of 6%, pricing is not expensive. Offer a good exposure to emerging market like Myanmar and Thailand.
With Myanmar play near resisting and in various states of deflating, Nera offer a safer exposure.
Price is at 66cts at last Friday closing, below 20mA, offers a potential entry point. Further support is at 61.5 cts. Stochastic at 20 and RSI 30. Look for a white candle to enter.
NeraTel's FY2012 result announced:
- Turnover increased by 14.5% at 178.8m
- Gross profit increased by 25.3% at 55.9m
Div. at 4 cents payable on 16May.
FY Results will be out afterhours.
Looking forward for good dividends.
Cheers.
