Probably one can say the FY12 results are fairly positive/encouraging.
1. Net profit in 4Q could mark a turnaround for the company. S$1.96 m , .... saved the full year results from being loss making,.... so fy12 was $1.653 m.
2. Final dividend of 0.6 ct, + interim 0.6 ct == about 6.5% dividend yield. So the support for the stock price at 18.5 cents should be strong.
3. Company net cash is there at S$28 m == about 13.5 cent a share is cash, while the stock price is only 18.5 cents.
I think the stock can move up to 25 cents in the next 3-6 months, especially after another quarter of positive profit. Just my 2 c worth