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Good buy?
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williamyeo
Senior |
22-Nov-2013 18:16
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Taken over at $1.10 and relisted at $1.30.
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john_ric
Senior |
22-Nov-2013 17:32
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  never drop after XD. good. |
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tonylim
Master |
02-Nov-2013 16:34
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Amtel used to be good before it went private a few years ago.  When it is relisted, it somehow lost its shine.  Maybe precision enginerring business is not doing so well lately.
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John8118
Member |
02-Nov-2013 08:11
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wait for miracle to happen.  God bless!!!!! | ||
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fu6790g
Member |
02-Oct-2013 10:09
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Good Luck to those vested, sold mine at 0.47 will drop further  after 2c dividened payout.........    |
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john_ric
Senior |
01-Oct-2013 23:54
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.this counter no up no down form many weeks.     |
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singaporegal
Supreme |
30-Oct-2006 21:10
Yells: "Female TA nut" |
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Volumes not too consistent. However, it just broke through the upper Bollinger band. It has potential for more upside. | ||
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red1721
Senior |
30-Oct-2006 12:09
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cum dividend now, I think ex on 7th of nov if I am not wrong...think | ||
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lowpeckkiyau
Member |
30-Oct-2006 11:53
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pl UP, UP UP! Hope to enjoy the ride! | ||
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allantanhc
Veteran |
30-Oct-2006 10:22
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Market down today but not Amtek. Last traded at $0.615 up 1.5 cents. Ride the wave. | ||
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jesnigel
Member |
30-Oct-2006 09:21
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For all the faithfuls out there (me included of course), the stock is jumping (finally)!! Its been a long wait. Thanks Allan for the advice - you are a wise investor. Prices go up; goes down. My ADX is trending strongly now. Enjoy the ride. | ||
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allantanhc
Veteran |
29-Oct-2006 20:07
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Yes, I am vested on this one. Let see how it goes this coming week. "Outperform" means that it will perform better than the general market which, in our case, is measured by STI. Hence, it may not mean a sure increase in price. Analysts normally give TP over 12 months. However, some do also specify 6 months. In this case, I take it as 12 months. But take it with a pinch of salt. Ride the uptrend now and release at an appropriate time. Never fall in love with any stock. |
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lowpeckkiyau
Member |
29-Oct-2006 18:28
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hi allan, ya mem finally going to see $$$ liao - 10 lots at 0.56. Whatis the TA and FA. What does it means "outperform" by analysts.. and TP $1.00 you're also vested. will hold on pending guidance pl. tks and regards, |
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allantanhc
Veteran |
28-Oct-2006 11:25
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Hi, lowpeckkiyau , you should be in the black now if you are still holding it. | ||
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Nostradamus
Supreme |
28-Oct-2006 01:22
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CIMB-GK has raised its target price to $1.00 from $0.805 previously as it expects the growth momentum in earnings to continue. Amtek, a supplier of metal parts for electronics, home appliances and cars, reported that its net profit for the first quarter ended September jumped 37% yoy to US$9.49 mln on the back of higher margins from the outsourcing trend and its shift to higher value-added jobs. CIMB-GK said Amtek's results were above its expectations. It further took note of the company's positive guidance going forward. "Also, we believe the group will be able to sustain its healthy dividend payments through management's efforts to control capex," it said in a note. It said it is keeping an "outperform" call on Amtek "on the back of potential catalysts from further sets of positive results and dividend surprises." |
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allantanhc
Veteran |
27-Oct-2006 16:52
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For reference and sharing. Vested. Amtek Engineering Ltd (AMTEK SP / AMTK.SI, OUTPERFORM - Maintained, S$0.545, Target: S$1.00) 1QFY07 results - Stamping in the right direction by Jonathan Ng Excluding US$0.7m of exceptional gains, Amtek's 1Q07 net profit of US$8.8m came in 7% above our estimate due largely to lower-than-expected minority interests. 1Q profit represents 34% of our previous full-year forecast. We have raised our FY07 forecast by 2% to factor in the better-than-expected 1Q numbers, but have kept our FY08-09 forecasts intact. We have raised our target price from S$0.805 to S$1.00 as we roll over our 10x target P/E from CY06 to CY07, which we believe is justifiable given its healthy 17% EPS growth and more than 5% yield. Maintain Outperform on the back of potential catalysts from further sets of positive results and dividend surprises. |
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allantanhc
Veteran |
01-Sep-2006 10:34
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CIMB-GK has reiterated its buy recommendation with a 12-month target price of $0.805 following positive 2006 results of the company. According to analyst at CIMB-GK, Amtek's net gearing has improved. The price catalyst in the near future will come from strong demand of automotive parts and consumer electronics. In a separate report, Amtek indicated that it would set up a new plant in Eastern Europe to cater to the demand in the EU market. CIMB-GK has raised its earning forecast of Amtek by 16% and 20% for 2007 and 2008 respectively. Should see some price appreciation in the counter. The volume is generally low for this counter. |
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allantanhc
Veteran |
24-Aug-2006 16:10
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Hi, lowpeckkiyau, since you have been holding on for the past 5 months, no harm holding till the full year results are out. Amtek is quite capable of springing surprises. Last year, the company announced bumper dividend cum rights issue together with the final results and the price shot up the next day.The stock is trending up lately albeit with low volume. So, signs are not negative. Hope this helps. |
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singaporegal
Supreme |
24-Aug-2006 15:59
Yells: "Female TA nut" |
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hi lowpeckkiyau, always avoid low volume counters. difficult to bail out during difficult times. |
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lowpeckkiyau
Member |
24-Aug-2006 15:53
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vested at 0.56 for 10 lots on 1st quarter this year. Did not move much till todate. paper loss..... | ||
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