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One of the top picks in HDD sector
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luvbugz
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28-Sep-2006 16:13
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ah... unisteel... no wonder i read this forum until very blur |
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red1721
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28-Sep-2006 15:24
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Hi Nostradamus, You got it wrong too. It's singaporegal. |
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Nostradamus
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28-Sep-2006 00:25
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Hi allantanhc. You got it wrong. It's Unisteel. |
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singaporegal
Supreme |
27-Sep-2006 21:40
Yells: "Female TA nut" |
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Union Steel has very very low trading volumes... not very exciting for trading. |
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allantanhc
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27-Sep-2006 20:31
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Original posting by Nostradamus (HDD Sector): CIMB-GK says MMI, Seksun and Unisteel are its top picks among the suppliers of components for hard-disk drives (HDDs) that are listed here. The brokerage said the HDD industry was on track to achieve double-digit quarter-on-quarter growth in the third quarter and that it expected these companies to report results that would be catalysts for the price of their stocks. "MMI and Seksun are two prime beneficiaries of expected volume increases from Seagate after the Seagate-Maxtor merger," CIMB-GK said in a note. "Unisteel will gain from the overall industry growth," it said. The brokerage has raised its target price for MMI to $1.36, having increased its estimates of earnings for the company for the financial years ending June 2007 and June 2009 by 3-4%. CIMB-GK has raised its target price for Seksun to $0.60. "Among the HDD component suppliers, we sense that Seksun experienced the strongest quarter-on-quarter expansion, gaining from its major customer's volume growth and possibly market-share gains," the brokerage said. |
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