
Still on strong uptrend
Another (bull) recommended by DBSVs 36c then jump to $0.56c good ya...just trade with care.
DBS Vickers recommend BUY target $0.56
(We are expecting earnings surprises
as we believe our margin estimates
could have been too conservative. The
Group should at least more than 50%
y-o-y earnings growth for FY06 as per
our forecast currently, which is for
S$15.9m.)
(We are expecting earnings surprises
as we believe our margin estimates
could have been too conservative. The
Group should at least more than 50%
y-o-y earnings growth for FY06 as per
our forecast currently, which is for
S$15.9m.)
Strong uptrend now
Hi Peter,
Yr new target price is @ 0.50 which is still very far from the price now.
Are you so positive the price will ?cheong? till 0.50 ?
Thank you
New Target 0.50
how come no much ppl chats here???
0.45 looks like quite near.. ^^
New target before end week...45 cents ..
Spurs88 > thank you for info...jus vested another 100 lots @0.32
Should be $0.56!!!
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
Latest DBS target Price @36 cents...
Price and vol. up,maybe due to its launching of its full suite of IP telephone to the US market.
Let it runs to above 30c and when drop below 30c, can sell and pick up again at the support level of 25c.
Tech is moving now
close at 0.24 today... up..up..up......
super laggard stock... wake up...
interesting play with the manufacturing looking up now. The Manufacturing index has gone up for the month of Nov. So, could there be an upside for this stock? Time to accumulate on this stock?
Price movement of the shares now. Interesting to see whether it is able to hit the target price of $0.30.
Very steady grow over the last 6 years of the company, turn around from
the bad products prior to that. But the management has turned it around
with some good products for the telephony, IP areas.
Very steady grow over the last 6 years of the company, turn around from
the bad products prior to that. But the management has turned it around
with some good products for the telephony, IP areas.
Good company but never outstanding in any of their products so far- that's why the slow movements in the share px.Cheers!!!!!
TA charts do point to bullish trend. However, the volumes for this stock are inconsistent and usually low. So I urge caution on this one.