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slowly moving up. resistance broken. in anticipation of results?
Agreed. Time to relook. Price trading way below net tangible assets per share of about 15c. Building base and looks ready to move.
Long time never see Aztech with trading volume above 500 lots. Price is now above EMA50.
It is a turnaround story based on last 6 months results.
Will soon make attempt to break 10 cents.
http://www.aztech-group.com/
Maybe good news coming. Waking after a long long sleep
Volume building up today. Something is cooking again. Any news?
yes, a recovery co, what is the fair value ?
| sgnewbie ( Date: 13-Jun-2012 09:29) Posted: |
| Aztech posts 3Q net loss of $3.8m |
Tags: Aztech Group
| Written by The Edge |
| Friday, 21 October 2011 22:49 |
Aztech Group says it registered a net loss of $3.8 million for 3Q2011, compared to a net profit of $1.61 million in 3Q2010.
The loss was attributable to the increase in unrealised exchange loss of $2.22 million due to the sudden appreciation of the US dollars in the month of September 2011. In addition, the operating costs of the group’s Marine Logistics segment went up by $1.49 million resulting from additional expenses incurred in gearing up its operations for a newly awarded contract.
For 3Q2011, the group recorded a turnover of $56.85 million, a 10.7% decline over the same period last year.
In the quarter, the group saw a 28.4% decline in its Electronics business to $44.90 million in 3Q2011, due to weaker demand from customers attributable to uncertainty of the global economic outlook.
The Materials Supply sector saw an increase in revenue of $11.21 million associated to the new contract of supplying infrastructure materials.
/t.edge/
Aztech Group says it expects to record a loss for the third quarter ended 30 September 2011 (3Q 2011) compared with a profit for the corresponding period in 2010.
Aztech says this is due to the Increase in unrealised exchange loss due to the sudden appreciation of the US dollars in the month of September and the increase in operating costs of the group’s Marine Logistics segment resulting from additional expenses incurred in gearing up its operations for a newly awarded contract.
/theedge 14/10
Aztech Group Ltd announced that the Company’s wholly-owned subsidiary, AZ United Pte Ltd has been awarded a contract to supply infrastructure materials. The value of the total contract is approximately SGD 90 million and the contract is to be carried out over a period of 9 months. (Close: $0.108, 0%)
There's a time to buy a good stock...
For any stock, usually, the best time to buy is when it is not hot yet...
or when it is beaten down... or simply neglected...
Such stocks are great candidates for promising growth ahead..
Can this be one of them?. ..
iPunter ( Date: 17-Feb-2011 11:51) Posted:
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It looks like many value-minded buying are into this
good stock for purposes of investment ...
Aztech Group posts 37% fall in 4Q net profit to $1.03m
Aztech Group says it posted a 36.9% fall in net profit to $1.03 million in 4QFY2010 from $1.64 million in 4QFY2009. Revenue rose 0.3% to $50.7 million from $50.6 million. Its Electronics business grew 7.9% growth to $48.8 million in 4Q10 from $45.2 million in 4Q09.
/theedge///
This one hor...putting on to many hat at a time......good company tot......
yonghy ( Date: 20-Oct-2010 12:25) Posted:
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Today release third quarter results, shares price drop, not a good sign..
AZTECH GROUP VENTURES INTO FOOD INDUSTRY AS PART
OF DIVERSIFICATION STRATEGY
SINGAPORE, 10 March 2010 – Singapore Exchange Mainboard-listed Aztech Group Ltd
(“Aztech”) today announced that its subsidiary Shiro Corporation Pte Ltd (“Shiro”) has
ventured into the canned and frozen food business. Shiro targets the retail and food
services market in Singapore and overseas with the mission of supplying restaurant grade
quality food under the brand name of Jade or “Yu Huang “《玉皇》.
Tapping on the Group’s financial strengths, international sales/sourcing experiences and
worldwide presence, Shiro has partnered with leading HACCP-certified food processing
factories to produce a range of quality products under the Jade brand to capture the growing
frozen and canned food market. According to Datamonitor (December 2008), the global
frozen food market is projected to reach USD 123.2 billion by 2013. Datamonitor’s
December 2009 report also estimated the Asia-Pacific canned food market to reach USD
7.2 billion in 2013, a 17.8% increase from 2008.
As part of the Group’s long-term strategy to enhance shareholder’s value, Shiro will position
itself to capture market share and expand its product offerings to create a new revenue
stream for the Group.
The new business is not expected to have any significant impact on the financial position of
the Group for the current financial year.
None of the Directors or controlling shareholders of the Group has any interest, direct or
indirect, in the above matter other than through their shareholding interests in the Company
OF DIVERSIFICATION STRATEGY
SINGAPORE, 10 March 2010 – Singapore Exchange Mainboard-listed Aztech Group Ltd
(“Aztech”) today announced that its subsidiary Shiro Corporation Pte Ltd (“Shiro”) has
ventured into the canned and frozen food business. Shiro targets the retail and food
services market in Singapore and overseas with the mission of supplying restaurant grade
quality food under the brand name of Jade or “Yu Huang “《玉皇》.
Tapping on the Group’s financial strengths, international sales/sourcing experiences and
worldwide presence, Shiro has partnered with leading HACCP-certified food processing
factories to produce a range of quality products under the Jade brand to capture the growing
frozen and canned food market. According to Datamonitor (December 2008), the global
frozen food market is projected to reach USD 123.2 billion by 2013. Datamonitor’s
December 2009 report also estimated the Asia-Pacific canned food market to reach USD
7.2 billion in 2013, a 17.8% increase from 2008.
As part of the Group’s long-term strategy to enhance shareholder’s value, Shiro will position
itself to capture market share and expand its product offerings to create a new revenue
stream for the Group.
The new business is not expected to have any significant impact on the financial position of
the Group for the current financial year.
None of the Directors or controlling shareholders of the Group has any interest, direct or
indirect, in the above matter other than through their shareholding interests in the Company
| http://i240.photobucket.com/albums/ff80/drsubaru73/2010Mar-AZTECHGROUPLTD-800x600.png Ichimoku chart shows can buy Tenkan has cross Kijun upwards Price action punching above the Kumo Chikou span punching above kumo and price action which is postive MACD crossover not decisive yet.... Vested, early adopters will be rewarded See how this baby flies.... |
this counter will slowly climb but its more for long term keeping. its dividends are attractive and better than any bank deposits. however, do watch out for price fall after its cd
wangwang828 ( Date: 08-Mar-2010 16:23) Posted:
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this is a long term counter for me..thats my strategy...they just went into LED business...wont see results in short term yet...there are some news on Aztech today at SJ. You can check it out.
Cheers,
oinkoink
wangwang828 ( Date: 08-Mar-2010 16:23) Posted:
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Sell and switch to other counter will solve the problem instantly.
wangwang828 ( Date: 08-Mar-2010 16:23) Posted:
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