EDMI
EDMI and parent SMB: What's the potential?
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Listless today....
Gain slightly....
Consolidating....volume is rather low though.
ED has maintain its footings.... Should gain soon as it lose its footing in the early week....
Good entry point...Should buy and keep.... Great potential....
For the brave heart or those who see value from the business perspective.
May be another good entry point....
Holding on pretty well in the morning, however, the negative market sentiment brought the counter drop 10%with mere 0.9m share traded. Hold on tight....
What a day for EDMI, with its profit guidance and not WARNING, investors start dumping quality stock. What a good day for BB to accumulate the stock cheap, 2m share trade with a lost of 3 cents to end at 44 cents and a trading range from 40 - 44.5 cents.
Yes, no doubt EDMI will see lower 1st half profit but when finalisation of orders from Thailand, Malaysia and United Kingdom come true (as it is currently being carried out), hopefully, the magnitude of the contract will blow the profit skyhigh.
Happy hunting during this period of weakness. Cheers.
time to invest....
ED drop slightly due to the news on profit guidance, should be an opportunity to enter... Watch out for the increase....
ED is a good entry point now.... Grab as many as you can....
ED will gain eventually as the order is delay and this may be due to oversupply and in great demand....
Edmi Limited says it has lower sales and profitability due late finalisation for orders in Thailand, Malaysia and United Kingdom. The order however is currently still being carried out.
The late submission for designs and supplies also contributed to the loss and late production of phases Mk 7 and Mk 10D.
Its HY 2007 revenue will be out on 13 August.
From the look of things, EDMI is still OK as order is currently still in progress. A slight bump along the way but overall still fine.
ED has maintained its ground and will gain more as the mother is gaining strongly.....
rogue_trader, if that's the case, believe EDMI to worth much more. Cheers!
Heard from those uncles in kopishop that SMB United tp is at $0.90?? This is not an inducement to do any buy/sell actions please.. This is only what i had heard or simply put, rumours..
ED remain untrade during the down time...
SMB has just disposed 22.5m Oculus for $8.41m with a profit of $6.38M and plan to reward its shareholder, hence breaking new heights. Will the good news flow to its subsidiary EDMI as they plan to expand its Switchgear business which is expanding. Time will tell. But got a strong hunch that EDMI will be its spring board. Definitely a positive news.
