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Seksun Buy-- The Sun is rising Post Reply Rate topic
jackjames Elite	12-Jun-2007 15:25        jackjames About Contact  Quote this Post!
x 0   x 0  Alert Admin	this is the best TECH stock in Singapore!!!!!
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ihatcoy Senior	09-Jun-2007 14:22        ihatcoy About Contact  Quote this Post!
x 0   x 0  Alert Admin	In my trading/investing knowledge,  A splash of high volume (on last friday) should mark the beginning of a new trend esp. so when it accompanies a breakout from a trading range (24/05/07 ~ 07/06/07) [Personal comments on Seksun] Not vested though. Reason being I never play outside my means & I have no spare bullets left.
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Green8 Senior	08-Jun-2007 18:46        Green8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next target  RTO ? Today volume  high  BBs buy or sell ?
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ten4one Master	25-May-2007 10:35        ten4one About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Sun always rises in the East and sets in the west. The problem is sometimes we don't see it  Cheers!
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K.H.Neo Member	25-May-2007 09:54        K.H.Neo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Damn it miss it again wanted to buy at 0.635 but too late
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johnbrendan Member	24-May-2007 08:58        johnbrendan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any rumour as to which company/fund is buying Seksun out? Its funny how rumours alone can jack-up Seksun's price from 0.5 plus to 0.650 yesterday! All eyes on Seksun now.
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stefano Member	23-May-2007 14:48        stefano About Contact  Quote this Post!
x 0   x 0  Alert Admin	another potential takeover target after Amtek.
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InvesToMan Member	23-May-2007 14:00        InvesToMan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Long time haven contribute to this thread since I last initiated this topic. The volume today is quite high today. I suspect Private Equity is snapping up shares. Since they do not hold more than 5%, we are unable to confirm whether the rumour its true. But as wat starlet has said earlier, Private Equity may be interested in this counter as well. Hmmmm.... Hedge funds and Pte Equity seems to be very active in Asian markets recently. Just my 1 cent thoughts....... Vested by the way
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sandbox Senior	23-May-2007 11:08        sandbox About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone has an idea as to the interest and movement?
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finstk Member	18-May-2007 16:34        finstk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Top BUY Volumes 16:06:03 0.600 1,706,000 Buy Up 14:18:56 0.595 269,000 Buy Up 11:14:04 0.595 100,000 Buy Up 11:13:51 0.595 100,000 Buy Up 11:11:45 0.595 100,000 Buy Up 9:33:47 0.590 100,000 Buy Up 9:08:31 0.590 100,000 Buy Up 11:30:50 0.595 51,000 Buy Up 14:20:58 0.595 50,000 Buy Up 11:13:28 0.595 50,000 Buy Up 11:11:47 0.595 50,000 Buy Up 10:34:57 0.590 50,000 Buy Up 9:39:24 0.590 50,000 Buy Up 9:34:13 0.590 50,000 Buy Up 9:33:52 0.590 50,000 Buy Up 9:22:58 0.590 50,000 Buy Up 10:08:50 0.590 42,000 Buy Up
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K.H.Neo Member	18-May-2007 16:25        K.H.Neo About Contact  Quote this Post!
x 0   x 0  Alert Admin	16:22:27 0.600 10,000 Sell Down 16:16:36 0.600 10,000 Sell Down 16:14:21 0.600 50,000 Sell Down 16:13:21 0.600 13,000 Sell Down 16:11:02 0.600 20,000 Sell Down 16:09:47 0.600 10,000 Sell Down 16:06:03 0.600 1,706,000 Buy Up 16:05:35 0.595 24,000 Sell Down 16:03:15 0.595 50,000 Sell Down Ya there's a huge buy up think must keep a eye on this counter
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finstk Member	18-May-2007 16:20        finstk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some thing going on, pls. watch this counter!
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johnbrendan Member	16-May-2007 09:38        johnbrendan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seksun has breached the 60c barrier! What in the world is happening? Can't be the news from 2 days ago right!
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johnbrendan Member	15-May-2007 12:53        johnbrendan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for the info! Actually I read this article yesterday 6am but the stock didn't budge at all when I thought it would take off higher. Unless the market is really  inefficient, I don't think this article is the driver of the price today. Maybe some TA chart looks pretty today... Hmm. Could it be some insider activity?
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starlet Member	15-May-2007 12:50        starlet About Contact  Quote this Post!
x 0   x 0  Alert Admin	Business Times - 14 May 2007 3i set to expand investment activities across Asia It expects to close buyout deal with company in S'pore in 6-8 weeks By OH BOON PING DESPITE growing corporate valuations in Asia, private equity firm 3i still sees investment opportunities across the region. Over the past 12 months, the UK-listed firm has also pumped in close to half a billion US dollars in investments in Asia, and sees more investment activity in the months ahead. 'The critical thing is to see if the PE multiple is justified by the underlying rate of growth . . . We have invested in companies with 50 per cent growth per year, and we use valuation benchmarks that go beyond financial metrics, on a global basis,' said managing partner Chris Rowlands in a recent interview. For the year ended March 31, 2007, its total investments rose by 42 per cent to 1.58 billion (S$4.76 billion). Investments in Asia amounted to 258 million - 16 per cent of its total investments - and represented some 9 per cent of its portfolio value - up from 4 per cent a year earlier. Last year, 3i and Khazanah Nasional Berhad were the lead investors for a US$620 million placement for a Singapore-based reinsurance firm - Asia Capital Reinsurance, and it also pumped in some US$182.2 million worth of investments in India. 3i maintains interests in three broad investment areas, namely growth capital, buyouts and infrastructure investments. Under the growth capital business, the firm pumps in capital as a minority investor in entities that exhibit 'high growth potential and strong management bandwidth'. As a listed company, 3i also shares its experience with investee firms that are seeking a listing, Mr Rowlands added. To date, the private equity firm has helped some 190 firms get listed in the last five to six years across 11 stock exchanges. The target return across a business cycle has averaged about 18 to 23 per cent. In addition, 3i is channelling more effort and resources in buyout activity in Asia over the next six to 12 months. This comes as private equity buyouts in Singapore have been on the rise in recent months - with the targets mostly from the contract manufacturing sector. These include Seksun Corp, First Engineering, MMI and STATS ChipPAC. In Asia, the sectors that Mr Rowlands finds 'interesting' include financial services, healthcare provisions and oil & gas plays. He also sees potential in environmental-related industries like water purification, and the consumerisation of technology like a convergence in media and mobile applications, as well as data security. Topping its buyout criteria are factors like management quality and the growth potential, and 3i expects to 'close a buyout deal with a Singapore-based company in about six to eight weeks'. In all, there will be two buyouts and two capital growth investments over the next 12 months. The scale of takeover investments typically varies from US$50 million to US$250 million, with annual returns averaging from 20 to 25 per cent. Also, the firm sees opportunities in infrastructure projects in India, as the 'Indian government recognises that infrastructure development there is generally lagging behind its economic growth'. Among the promising projects there include power generation, ports, refurbishment of airports and toll roads. Last year, the company had pumped in US$50 million in Gujarat Adani, and another US$44.4 million in Navayuga Engineering - a leading player in the infrastructure construction industry in India. Another US$25.8 million went to Vilaj Electrical. 3i said it expects to 'close out an infrastructure investment deal there in June . . . This could be worth over US$200 million'. It has also assembled a team to further explore opportunities in India. However, the company is less keen on infrastructure investments in fast-growing China,'as the government there is more efficient in terms of infrastructure developments'. Looking ahead, Mr Rowlands sees increasingly more private equity capital flowing into Asia, thus raising the competition for private equity deals. A natural consequence is greater merger & acquisition activity in Asia, and more businesses for regional stock exchanges as the number of initial public offers rise. During the interview, Mr Rowlands touched on issues of transparency among private equity and the use of leverage in buyouts. Britain's Financial Services Authority recently found that increasing competition for deals in a climate of cheap credit has caused private equity fund managers to pay higher multiples for acquisitions, while debt-equity ratios have risen. This also points to potentially higher financial vulnerability. On transparency, he expects more private equity firms to get listed to address concerns of corporate disclosure. Like 3i, he says, KKR Private Equity is also listed and Blackstone has also expressed interest in doing so. However, he does not see leverage as a major concern, as 'a lot depends on the size of the future cash flows from an investment. We typically spend about six to nine months carrying out the due diligence'. The firm said that it may use a higher debt-equity ratio of above for stable takeover targets with strong growth. 'For companies that require cash, the ratio could be 50:50.' Copyright © 2005 Singapore Press Holdings Ltd. All rights reserved.
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johnbrendan Member	15-May-2007 12:24        johnbrendan About Contact  Quote this Post!
x 0   x 0  Alert Admin	What's happening to Seksun?
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sandbox Senior	15-May-2007 11:26        sandbox About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like this counter is on the move again..  Nice.
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hippoo Member	07-May-2007 17:40        hippoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result is coming out on friday.
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alvinwong1012 Member	21-Mar-2007 22:21        alvinwong1012 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks..very informative. However, looking at past few days price, it seems that it is hovering around 0.54 - 0.555 range. Any indication that it will cheong to 0.60? or even the reported 0.74?
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njpang Member	20-Mar-2007 07:00        njpang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Seksun Target S$0.74 Seksun is one of the three top-cover suppliers to Seagate. We estimate that it supplied 50-55% of Seagate?s top-cover requirements in 2006. The other two suppliers are unlisted Metalform and Amtek (less than 10% market share). Seksun was included as a supplier of disk clamps by Seagate in 2H06. We estimate it shipped about 10% of Seagate?s requirements in 4Q06. Through VCM assembly houses such as Shinetsu and MMI, the group is also involved in the supply of VCM plates to Seagate. We estimate that Seagate constituted more than 45% of group revenue in 2006. + Its top-cover business is expected to reap full-year benefits from the Seagate/Maxtor merger as one of Maxtor?s top-cover suppliers, BMS (whollyowned subsidiary of Brilliant Manufacturing), has been excluded from the supplier list. Metalform, the other Maxtor top-cover supplier, has not been affected as it is also a supplier to Seagate. As such, we expect Seksun?s top-cover volume to grow by more than 30% yoy in 2007. + 2007 will see full-year contributions from the disk clamp business. Previously, only the Singapore plant (50% of machining capacity) produced disk clamps, while its China facilities underwent qualification. Seksun?s disk-clamp volume is expected to jump by multi-fold this year due to the low base in 2006. + VCM plate volume, mainly through Shinetsu and MMI, is also expected to grow on the back of Seagate?s shipment growth. + Healthy growth is expected for the CM business, especially in China, due to an expanded customer list and new programme wins. Mass production for some of the projects piloted in 2006 will start in 2007. + Despite the recent spike in its share price, valuations remain attractive at 7x CY08 earnings on a 15% EPS CAGR projected for the next three years. Seksun also offers a decent 3.9% dividend yield. Our target price of 74cts is based on 10x CY08 earnings, in line with valuations for the other HDD component suppliers under our coverage and Seksun?s historical average. o Seksun?s Thailand new plant, mainly to support Seagate, is expected to come on stream in 2Q07. We believe it makes sense for Seksun to channel more of its production in Singapore to Thailand and China to be close to Seagate as well as to reduce overhead costs. - The relentless spiral in stainless steel prices may erode margins for its top-cover business. The company has hedged its requirements only till May/Jun 07.However, we understand that Seksun is working with Seagate to utilise alternative materials, possibly from mid-2007. CIMB-GK Research
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