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not too late bro .... heard they might push it up to 0.5 .... current price still o.k, more room to go
vested at 0.42 .... good luck
risktaker ( Date: 15-Apr-2010 06:11) Posted:
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I learnt from CIMB report.... they issuing some surprise upside by next week ? Bonus share issue or massive dividend ? ANYONE have any idea?
Just started to look at this stock and i think i missed the boat already. Share price already so high faint. Buy high sell higher ?
heard they got some car seat belt business
bad day, but still going up 3 cents .... must pay attention to it
CIMB raises Cheung Woh tp to $0.355 from $0.295, reiterates Outperform rating. Broker says HDD component maker set to benefit from Western Digital's robust volume growth of more than 30% on-year in 2Q as it's main supplier of air combs for WD's multi-platter programs. Also, WD decided to use metal air combs in place of plastic ones for one of new disk programs with Cheung Woh "potentially being prime beneficiary of decision." Adds, automotive components seeing solid growth led by organic growth in China, new programs with existing customers, penetration of new customers. Raises FY09-FY11 earnings estimates by 20-22% to factor in higher sales, margin assumptions; "we see near-term catalysts from its solid 1H09 results."
Beyond Mettle!!!
no more a traditional HDD buz..., new buz, new opportunities
Net Profit: +206%
not too late to +++++ now, waiting for ?
Is anyone noticing this counter. Its increasing steadily every day. Please post comments if worth to buy and yes at what level.
Thanks
CIMB-GK has raised its rating to "outperform" from "neutral" and increased its target price to $0.22 as it believes the company has turned the corner and that its business looks set to recover.
Cheung Woh will release its first half to August results on 13/10.
While CIMB-GK expects earnings for the period to remain weak, it sees Cheung Woh's business recovering in the second half to February 2007.
"We believe margins for the HDD components business would still be under pressure in the first half of fiscal 2007 in view of the decline in volume for both VCM plates and disk clamps," CIMB-GK said in a note.
"However, this trend should reverse in the second half of FY 2007, as we understand that all old inventories have been fully utilised in mid-August. Together with an anticipated improvement in volume for VCM plates and the sourcing of raw materials in-house, we expect margins to expand by 2.6% points in the second half of FY 2007, compared to the first," it added.