
There will definitely be profit-taking first for short-term investors after the rise and subsequent rise and falls.
The more savvy investors looking for a good company in the infocom tech field with great products and potential market-leading projects will love this stock for a longer-term hold. I believe fund managers have been eyeing this stock.
can invest more ?
["Aztech Systems : Triple play devices to feature strongly in 2007
STRONG BUY S$0.28 (Upgrade from BUY) Price Target : 12-Month S$ 0.56 (Prev S$ 0.35)
Story: 2006 should be an exceptional year for the Group, given strong
profit growth and successful rollout of new products and devices for IP
communications & telephony. We expect it to leverage on last year?s
performance to register another breakthrough this year.
Point: We expect the Group to exceed our FY06 earnings estimate on the back of strong reception to its data communication products and healthy volume orders from its key EMS customers. We are raising our 2007 estimates by 14% and introduce our 2008 earnings forecast. We believe the Group can sustain the business momentum and achieve further sales and profit breakthrough with new products and customers in 2007.
Relevance: We expect the market to take our lead in re-rating the stock.
Our conviction is premised on expectations of earnings surprises in FY06, strong take-up of its new products, which is currently showcased in CES 2007, the expectations of the fifth consecutive earnings growth in 2007, continual improvement in ROE and finally, the expansion of its market capitalisation. We upgrade the stock to STRONG BUY and see the stock possibly hitting our one-year price target of S$0.56 later this year.
Price target by DBS Vickers "]
STRONG BUY S$0.28 (Upgrade from BUY) Price Target : 12-Month S$ 0.56 (Prev S$ 0.35)
Story: 2006 should be an exceptional year for the Group, given strong
profit growth and successful rollout of new products and devices for IP
communications & telephony. We expect it to leverage on last year?s
performance to register another breakthrough this year.
Point: We expect the Group to exceed our FY06 earnings estimate on the back of strong reception to its data communication products and healthy volume orders from its key EMS customers. We are raising our 2007 estimates by 14% and introduce our 2008 earnings forecast. We believe the Group can sustain the business momentum and achieve further sales and profit breakthrough with new products and customers in 2007.
Relevance: We expect the market to take our lead in re-rating the stock.
Our conviction is premised on expectations of earnings surprises in FY06, strong take-up of its new products, which is currently showcased in CES 2007, the expectations of the fifth consecutive earnings growth in 2007, continual improvement in ROE and finally, the expansion of its market capitalisation. We upgrade the stock to STRONG BUY and see the stock possibly hitting our one-year price target of S$0.56 later this year.
Price target by DBS Vickers "]
Hi iPunter,
I'm not familiar with Aztech biz... but it sounds like they are MediaRing's competitor?
The difference in Aztech's newest skype phone is that you don't need to switch on your PC!!!
["...The Singaporean company?s CEO Michael Mun
dropped some heavy hints that there might be more Aztech Skype phones
on the horizon, so it?s definitely worth keeping an eye out for Aztech
going into 2007?"]
Great products from a great company!
Great products from a great company!
Within 10 minutes to closing, the 494 lots queuing to sell all mopped up at one swift transaction. Counter very likely to move up tomorow.
Cup & Handle is forming...
Can easily surge to above 0.50+ if results are better than expected.
Hi expert, any idea where can get the news of the result (first hand news) once it release ?
Yeah, holding on to this counter. Vested at .34c. Awaiting fantastic results. Cheers.
Results looks to be positive as suggested by the strength of the today's technical action.
Started to "Cheong" again,
Fundamentally, it is in a very strong position. I bought the shares 6 months back based on its new line of products -VOIP, Broadbands..
It's current Revenue is up 30% and its margins for its products is about 18%. Profit should increase by 75%.
Strong buy irregardless of market condition.
It's current Revenue is up 30% and its margins for its products is about 18%. Profit should increase by 75%.
Strong buy irregardless of market condition.
any comment for this counter slight dip today >.<? buy, hold or sell? wait for annual report?
I bought at 32.5 cts, 2 weeks ago. I'm happy to cash out today. Dun wait too long to take profits. Market getting shaky in days ahead.
This counter closed .05 cents up. There is strong buying interest in the stock. Will reach .50cents. full year results are on 8th of feb.09. Watch out guys.
Still on down trenching, down 1.5c to $0.405c, tink tink may go below 40c by week end. Friday today BE arriving at 40c.
Down 1.5c on profit taking to $0.42c, vol 10.9m shares changed hands today Jan 24, 2007.