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could the BB's look at valuetronics and push it up tooo.
good potential counter but not popular, long term stock.
787180 from what i noticed valuetronics always wakes up at the wrong time. hope it does not wake up again at the wrong time.
Wake up..valuetronics...even Achieva starts to move already...
Achieva is now the cheapest electronics play..MAP,Valuetronics,SP windsor all higher than Achieva..upwards bias so few sellers...
22cts 1.5mil
23 1.8mil
23.5 791,000
24.0 975,000
24.5 543,000
25.0 650,000
25.5 242,000
26.5 50,000
29.5 2000..so few sellers along the way..why all reluctant to sell...may spike up..now with the renewed interest
guys and gals any news for valuetronics.
Hi timewatch,
I also stuck at 0.375. I think it will take a long time before it move back to this level.
Don't ask 787180, he will tell you he sold his at high price....
Hi 787180 bought valuetronics when it was 0.38 cents and stuck with it, to me its chances of moving up or atleast back to 0.38 cents might be around next year. What is your veiw sir. thanks.
will valuetronics move tomorrow.
quote="FattyPig"]Can you advice on the price to enter and the TP? Thanks.[/quote]
Previously strong support at 28cst for valuetronics and was pushed to this year's high of 38.5cts..today 12sept touch 29cts..momentum is building to cross 30cts soon
787180, hope u are right.. i;ve been calling yr calls.. vested in achieva & valuetronics.. heavily vested.. really hope to see some daylight for these 2 counters..
Time watch are U heavily vested in this stock? Agree moving slowly and may cross 30cts soon ..among the cheapest electronics stock..MAP,AVi Tech,SP Windsor all >30cts with the exception of Achieva still at 19cts
valuetronics taking baby steps, one step at a time.
what happened to valuetronics no movement why?
ohhh that nice news-thanks centaur.
Well, maybe u can take comfort that pulses is recommending valuetronics in its latest issue.
hi no news on valutronics --seems to be sleeping like unifiber, and sunvic, anybody with latest info on these another lousy counter.
Any news on valuetronics.
Still in its infancy...will be abt 0.50 soon....boost will be its earnings report soon....
Note: cannot play contra on this one...need to keeo for a while...value play.
Wow1Happyday is even faster than Kim Eng.He predict valuetronics in June on this thread but Kim Eng just started recommending buy.Heard grey mkt for ipo(33cts) Avi-Tech Electronics is 50-60cts so Valuetronics should not have problem >TP49cts as Aug 2 approcahes.maybe will move by July 25 date where Avi Tech starts trading
§ Premier EMS service provider for the big boys
Valuetronics is an integrated EMS provider for customers in the
telecommunications, industrial and commercial electronic products, and
consumer electronic product industries. Currently, its client portfolio
includes market leaders in their respective fields such as Philips,
Dymo, and KitchenAid. 100% of its active customers are repeat customers.
§ Leveraging on the buoyant EMS industry
According to In-Stat research, Asia's EMS market is projected to grow by
132% from US$121.5b in 2006 to US$281.8b by 2011; of which, China will
account for 76% of the Asian market (US$214.2b in value). With its
facilities in the PRC, Valuetronics is in a sweet position to capitalise
on this outsourcing trend; leveraging on its extensive network, and
consistently upgrading its manufacturing expertise through its design
and development (D&D) capabilities.
§ Sturdy organic growth
We are forecasting Valuetronics to deliver 21% bottomline CAGR over
FY07-FY10F with strong orders from existing and new customers. We are
also anticipating steady net margin expansion underpinned by economies
of scale as orderbook is expected to grow 17% in FY08 and 25% in FY09,
and management's continued focus on maintaining healthy gross margins of
between 18-20%.
§ Compelling valuation; Initiate with a Buy
We are initiating coverage on Valuetronics with a Buy recommendation. We
see fair value at $0.49 based on 8x FY09 PE, implying a 42% upside
potential. Valuetronics trades at a compelling 5.7x FY09 PE (3.4x
ex-cash) and at a steep 36% discount to local ODM/OEM peers. With cash
of HK$176.6m (representing 29% of market capitalization)
margins, superior ROE of ~33%, and an A-list customer portfolio, we
believe the market has overlooked the intrinsic worth of Valuetronics.
Management is confident of keeping to its 30% dividend payout ratio;
implying a FY09 dividend yield of 5.3%. Key risks include exposure to
the volatile electronics industry and a slowdown in orders from key
customers.
Valuetronics is an integrated EMS provider for customers in the
telecommunications, industrial and commercial electronic products, and
consumer electronic product industries. Currently, its client portfolio
includes market leaders in their respective fields such as Philips,
Dymo, and KitchenAid. 100% of its active customers are repeat customers.
§ Leveraging on the buoyant EMS industry
According to In-Stat research, Asia's EMS market is projected to grow by
132% from US$121.5b in 2006 to US$281.8b by 2011; of which, China will
account for 76% of the Asian market (US$214.2b in value). With its
facilities in the PRC, Valuetronics is in a sweet position to capitalise
on this outsourcing trend; leveraging on its extensive network, and
consistently upgrading its manufacturing expertise through its design
and development (D&D) capabilities.
§ Sturdy organic growth
We are forecasting Valuetronics to deliver 21% bottomline CAGR over
FY07-FY10F with strong orders from existing and new customers. We are
also anticipating steady net margin expansion underpinned by economies
of scale as orderbook is expected to grow 17% in FY08 and 25% in FY09,
and management's continued focus on maintaining healthy gross margins of
between 18-20%.
§ Compelling valuation; Initiate with a Buy
We are initiating coverage on Valuetronics with a Buy recommendation. We
see fair value at $0.49 based on 8x FY09 PE, implying a 42% upside
potential. Valuetronics trades at a compelling 5.7x FY09 PE (3.4x
ex-cash) and at a steep 36% discount to local ODM/OEM peers. With cash
of HK$176.6m (representing 29% of market capitalization)
margins, superior ROE of ~33%, and an A-list customer portfolio, we
believe the market has overlooked the intrinsic worth of Valuetronics.
Management is confident of keeping to its 30% dividend payout ratio;
implying a FY09 dividend yield of 5.3%. Key risks include exposure to
the volatile electronics industry and a slowdown in orders from key
customers.