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Dutech
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longterminvestor
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21-Feb-2013 14:05
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COMPANY TO BE PRIVATISE by OCBC BANK $0.20 at least | |||||||||||||||||||||||||||||||||||||
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zhuge_liang
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17-Jun-2008 00:02
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OCBC says Dutech, ATM safe maker, has been in S'pore for roadshow, has trimmed its FY08 expansion target, citing uncertain economic outlook. Broker says US ATM firm Diebold undergoing cost cutting measures, plant closures, which may dampen ATM industry's outlook. Adds, FX movements, rising steel prices remain key investment risks, company has no hedging in place. Maintains Hold rating, $0.255 target price. But today's trough of $0.20 matches all-time low, so should provide fairly strong support if shares go back into negative territory. | |||||||||||||||||||||||||||||||||||||
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jefflee2222
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04-Dec-2007 22:16
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Today Vol more than 1300000..is this any meaning? | |||||||||||||||||||||||||||||||||||||
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eunice
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28-Nov-2007 18:04
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I brought at .4++ and still stuck with it... no choice but to hold lei | |||||||||||||||||||||||||||||||||||||
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livetrader88
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28-Nov-2007 11:46
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Hi dudes the chart dont lie man... I use a 10 day and 30 day MA for the chart and the vol still look low... think i will personally avoid such shares and perhaps put alert if theres volume increasing to 1000k for that day.... |
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eunice
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28-Nov-2007 11:35
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seems to be down trend.... market goes up didn't move and when market crash it reacted.... is this rock bottom yet? |
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simonxda
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04-Oct-2007 20:16
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Oh Oh... Time is right for this to go sky high in the next few days. Watch out.. The third up swing are here.. |
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alvinwong1012
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28-Aug-2007 22:44
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Thanks for the reply. Saw some movement in this counter..Time to accumulate. Vested interest.. |
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murano
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20-Aug-2007 22:53
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Agrees, the current price is a bargain. Good to enter. 12 months target price is $0.60. |
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alvinwong1012
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20-Aug-2007 12:59
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Dutech designs and manufactures products with a focus on high precision technology processes. Headquartered in Shanghai, its manufacturing facilities are located at Nantong City, PRC. Its customers are mainly leading ATM manufacturers and high security storage solution providers, and semiconductor equipment manufacturers located overseas. North America contributed to 48.6% of revenue, and Europe contributed 34.1% in FY2006. Dutech?s principal business activities can be divided into two main segments: ? Design and manufacture of high security UL certified ATM and commercial safes; these are used for banking industry, residential and office use, and for the storage of weapons. They currently manufactures 26 models of ATM safes and 59 models of commercial safes. The major customers include Wincor-Nixdorf (world?s leading supplier of ATMs). This segment contributes to 72.6% of revenue for FY2006. ? Design and manufacture of high quality and reliable semiconductor instruments and parts; these include six models of tester units and over 105 models of various semiconductor and precision machining parts for use in the semiconductor and automotive industries. Major customers include Star Envirotech, Foxconn, Ferrotec and Brooks- Synetics (who in turn supplies to Applied Materials). This segment contributes to 27.4% of revenue for FY2006. Prospects and Future Plans ATMs are an increasingly popular method for banks to expand customer service reach, especially in developing countries such as China and India. China is forecasted to install 65,000 ATMs between 2005 and 2011. The global deployment of ATMs is estimated to increase by 54% to 2.4m units from 2007 to 2017, with PRC becoming the third largest ATM user by 2011. Stronge market demand from the fast growing electronics industry especially in the PRC will translate to growth in the semiconductor components manufacturing industry. Dutech is well positioned to capitalize on the rosy industry outlook. It plans to increase manufacturing capacity for safes business segment from 60,000 units per year to 90,000 units in FY2007 and 135,000 units in FY2008; Dutech has fallen below the IPO price of 33 cents..Should see some rebound as it oversold...
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alvinwong1012
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13-Aug-2007 17:25
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Thanks. However, this stock seem to be going downhill (average 2-5 cents) on a daily basis since IPO... Anyone can advise it is worth investing? Thanks. |
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Nostradamus
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09-Aug-2007 18:33
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NRA has a tp of $0.50. Tp for >450 stocks can be found here. | |||||||||||||||||||||||||||||||||||||
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alvinwong1012
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09-Aug-2007 00:46
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Thanks Master...Seem to be stagant even when STI and board mkt sectors are going up...Have faith in their industry...Any target price for this counter? Yes, they will be growing demand giving the open regulations in China economy..Cheers! | |||||||||||||||||||||||||||||||||||||
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zhuge_liang
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08-Aug-2007 21:02
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Dutech is a low cost player in a high barrier industry, it's poised to benefit from the growing demand and outsourcing trend in the ATM safe industry. | |||||||||||||||||||||||||||||||||||||
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alvinwong1012
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05-Aug-2007 10:52
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Thanks Mate..Vested interest...Hopefully it will recover soon...Company prospects looks sound.. | |||||||||||||||||||||||||||||||||||||
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murano
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04-Aug-2007 00:58
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Fair value is 60 cent, vested interest. Should not go below 40 cent. |
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alvinwong1012
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03-Aug-2007 23:23
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Anyone has comment on this stock...looks promising with huge demand in ATM in China...probably drag down by poor sentiment...looks attractive at current level... | |||||||||||||||||||||||||||||||||||||
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