Back

Latest Forum Topics / Avi-Tech

Post Reply

Avi-Tech Post Reply Rate topic
kingster Senior	21-Apr-2011 10:45        kingster About Contact  Quote this Post!
x 0   x 0  Alert Admin	no interest in this stock? wonder their LED lighting and life science ventures will finally pay off in future or not? if it does, will definitely be a good multi bagger... else will be pretty stagnant but at least the div yield is good
Useful To Me  Not Useful To Me
bsiong Supreme	07-Dec-2010 09:01        bsiong About Contact  Quote this Post! Style: Combined   Mood: Yells: "The Greatest Wealth is Health"
x 0   x 0  Alert Admin	Avi-Tech Electronics: More orders in the pipeline Summary: We expect Avi-Tech Electronics to outpace the semiconductor industry growth in 2011. We note that the group had recently received a number of new orders from its major customers within the Burn-In Services segment. We anticipate the momentum to continue, as its customers increase the demand for its services in tandem with the market recovery and as the group increases its penetration into the US market. Orderbook from the Engineering Services segment, we note, remains healthy, while repair works are starting to flow in again. Moreover, the Life Sciences and Medical Equipment segments, which are in the mist of fulfilling a number of orders, are likely to continue to make good progress in the upcoming year, as corporations procure new equipment to capture the economic uptick. We continue to like the group for its above-industry growth potential, strong financial position and attractive dividend yield. At current price, we see an upside potential of 47.4% to our S$0.28 fair value. Maintain BUY. (Kevin Tan) OCBC IR//
Useful To Me  Not Useful To Me
bsiong Supreme	18-Nov-2010 10:20        bsiong About Contact  Quote this Post! Style: Combined   Mood: Yells: "The Greatest Wealth is Health"
x 0   x 0  Alert Admin	Avi-Tech Electronics: Anticipating a stronger 2Q Summary: Avi-Tech Electronics’ 1QFY11 results missed our expectations due to continued weakness in its Engineering Services segment. However, after our conversation with management, we believe that the segment has likely bottomed and business conditions going forward are likely to be better. In the Burn-In Services segment, we note that business and outlook have been good thus far, with its systems enjoying high utilization rates. While management cautions that Board Manufacturing segment may face some slowdown (based on feedback by customers), Avi-Tech also noted it has a healthy backlog to keep its operations busy. As such, we are positive that the group is likely post a stronger 2QFY11 quarter. Maintain BUY and S$0.28 fair value (unchanged) on Avi-Tech. -- Kevin Tan of PS
Useful To Me  Not Useful To Me
focusy Senior	15-Sep-2010 09:43        focusy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Strong buying volume this morning for this sleepy stock. CIMB: Buy Avi-tech with target price of 30 cents. http://www.nextinsight.biz/index.php/story-archive-mainmenu-60/903-2010-/2803-semiconductor-boom-beneficiaries-include-avi-tech-serial-hisaka
Useful To Me  Not Useful To Me
pharoah88 Supreme	27-Jul-2010 15:34        pharoah88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Avi-Tech Electronics Ltd Share price: $0.195 Our fair value: $0.210 (upside potential 7.7%)  Provides Burn-in services and Board Mfg for Semiconductor industry  Burn-in & Board Mfg to benefit from semiconductor recovery growth  Has been a laggard, dragged down by engineering services segment  Net cash per share of $0.128  Stripped of net cash, trading at FY10F P/E is only 4.9x  Good dividend yield of 5.2%  Potential M&A opportunities
Useful To Me  Not Useful To Me
pharoah88 Supreme	21-Apr-2010 10:33        pharoah88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	AVI-TECH, CHINA ANIMAL HEALTHCARE: What analysts now say.... Wednesday, 21 April 2010 Excerpts from latest analyst’s reports… CIMB-GK initiates coverage of Avi-Tech Electronics (20-c) with 30-c target Analyst: Tan Siew Ling CIMB-GK's forecast of Avi-Tech's performance. Initiate with BUY on improving prospects. We initiate coverage of Avi-Tech (http://www.avi-tech.com.sg) with a BUY recommendation and target price of S$0.30, offering 50% upside potential. Our target price is based on 1.5x CY10 P/BV, in line with the valuations of semiconductor-related stocks during the previous semiconductor upcycle. Avi-Tech (market cap: $70 m) has net cash of $45.8 m and low capex spending, says CIMB. To ride the recovery in semiconductor cycle. Avi-Tech provides services and products to the semiconductor industry. After a difficult FY08 and FY09, we expect its earnings to bottom in FY10 and recover in FY11 on the back of a recovery in the semiconductor industry. The global semiconductor and semiconductor equipment industries are expected to grow 26% and 76% yoy in 2010, respectively. Expanding non-semiconductor business to smoothen earnings. To reduce its heavy dependence on the highly cyclical semiconductor industry, Avi-Tech is hoping to expand its business into the life science industry, harnessing its existing expertise. Undemanding valuations with strong balance sheet and good cash flows. Avi-Tech’s net cash per share of S$0.13 as at end-Dec 09 represents 65% of its current market cap. Ex-cash, Avi-Tech only trades at about 3x CY11 P/E. This compares favourably with other semiconductor-related companies in the region. We believe it will continue to build up its cash hoard despite decent dividend payments given its limited capex spending in the near term, excluding any major M&As. Avi-Tech has  been consistently paying dividends consistently since its listing in 2007. dec2000      ( Date: 09-Apr-2010 09:13) Posted: Summary: Worldwide semiconductor sales as reported by the Semiconductor Industry Association (SIA) on Tuesday showed that the chip market grew by 56.2% YoY in February, following a 47.2% YoY increase in January. This is consistent with our view that the semiconductor market is likely to continue to show improvements in performance, driven by healthy sales momentum and recovery in economic conditions. We are maintaining our OVERWEIGHT view on the semiconductor industry, as we see several data points backing our optimism on the market outlook. Among the various market segments, we continue to favour capital equipment makers such as Avi-Tech Electronics [BUY, S$0.24 fair value] due to their greater growth potential, which may trigger a re-rating in their share prices. (Kevin Tan)
Useful To Me  Not Useful To Me
dec2000 Member	13-Apr-2010 17:30        dec2000 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	this counter up so slow and die so fast...! fainz....
Useful To Me  Not Useful To Me
dec2000 Member	09-Apr-2010 17:49        dec2000 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	closed @ 0.200 well done!!! keep it up keep it UP!
Useful To Me  Not Useful To Me
dec2000 Member	09-Apr-2010 13:56        dec2000 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	“The small-cap tech stocks are seeing a big runup. I will continue to place my bets there, especially hard disk-drive component manufacturers,” says DMG analyst James Lim, according to Dow Jones. DMG is forecasting 20% growth in global hard disk drive sales this year vs almost flat sales in 2009, adding that prospects for drive manufacturers are backed by continuous rollout of new models of PCs, netbooks, notebooks. Among the disk drive plays, Broadway Industrial (B69.SG) +2.97% at $1.04, Armstrong Industrial (A14.SG) +1.4% at $0.355. But gains not confined to drive sector, with stocks in other tech segments also firm: Avi-Tech Electronics (CT1.SG) +5.9% at $0.18, DMX Technologies (5CH.SG) +2.6% at $0.395, Creative Technology (C76.SG) +6.7% at $5.38, Jadason Enterprises (J03.SG) +5.3% at $0.10, MediaRing (M09.SG) +6.25% at $0.255. “The entire tech space has been overlooked by investors over the years. You can argue that they are seeking undervalued plays right now,” Lim says.
Useful To Me  Not Useful To Me
dec2000 Member	09-Apr-2010 09:13        dec2000 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Summary: Worldwide semiconductor sales as reported by the Semiconductor Industry Association (SIA) on Tuesday showed that the chip market grew by 56.2% YoY in February, following a 47.2% YoY increase in January. This is consistent with our view that the semiconductor market is likely to continue to show improvements in performance, driven by healthy sales momentum and recovery in economic conditions. We are maintaining our OVERWEIGHT view on the semiconductor industry, as we see several data points backing our optimism on the market outlook. Among the various market segments, we continue to favour capital equipment makers such as Avi-Tech Electronics [BUY, S$0.24 fair value] due to their greater growth potential, which may trigger a re-rating in their share prices. (Kevin Tan)
Useful To Me  Not Useful To Me
samuel_ng Member	27-Aug-2008 20:21        samuel_ng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can anyone minimize or shut down the noise? If it drags for long, it feels really terrible.
Useful To Me  Not Useful To Me
terry138 Member	27-Aug-2008 20:06        terry138 About Contact  Quote this Post!
x 0   x 0  Alert Admin	today closing very low at 0.16 ????  check track records - Company making some decent profit and not too bad payout annually.  anyones have information on this Company operations to share with me ?
Useful To Me  Not Useful To Me
787180 Master	16-Feb-2008 15:45        787180 About Contact  Quote this Post!
x 0   x 0  Alert Admin	UNLIKLEY TO HIT 40CTS NOW THAT IT HAS DROPPED SO MUCH..almost same as Valuetronics ..from a high of 39cts drop to 22cts...lokks like may take years...but valuetronics has gd profits and dividends too...AV Tech...ipo no dividends declared so far..not vested in both counters
Useful To Me  Not Useful To Me
zhuge_liang Supreme	16-Feb-2008 14:00        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Westcomb initiates Avi-Tech Electronics at Buy; sets $0.40 target price. Says company unfairly overlooked by investors, shares offer good value. "We believe that Avi-Tech is undervalued by investors as its business is in a very niche market yet has failed to gain popularity so far in the industry." Notes company has managed to maintain net profit margin of over 20% for past few years but trades on lower forward PE ratio than peers. Company operates in niche markets of advanced thermal solution, increasingly in demand as chips become smaller, more complex.
Useful To Me  Not Useful To Me

                                                         First   1-14 of 14   Last