51.5 cents liao! U saw it sykn, your stock is up already since purchase.
What do you think of Dutech Holdings at 24 cents? I think it's a gem whose time will come sooner or later. My assessment is that its fair value is at least 50 cents at 8X PE.
Zane, you and I know better than to trust the market. It is usually irrational, and sometimes it's totally insane! The 10.5% ramp up for G Invacom is insane, and it will surely come back down soon. I have studied Dutech too, and the numbers don't look too bad, but it's got two strikes against it: S-chips and not very liquid. Have to think about it some more, as Eratat and a few other S-chips almost bankrupted me. Maybe you go first, and see how it goes.....
UOB KH got report today, non-rated: " revenue will be driven by a higher number of satellite-TV subscribers as well as technology upgrades. Recently, its customer BskyB acquired Sky Deutschland and Sky Italia. Hence, we believe Global Invacom will stand to
benefit as these broadcasters will see an increase in their subscriber numbers and/or upgrades in their technology. Each set of LNB receivers and its components costs US$10-30 each, depending on the clients’ technological requirements. "