Design Studio - exploded!

mokooi, Kim Eng\'s $1-target price research rpt can be found at Design Studio\'s website www.designstudio.com.sg/investor.htm

Thanks, very informative website indeed.. even got insider trade info, reminds me of the website of a blue chip M\'sian construction co that I once hold. neontet wrote:

mokooi, Kim Eng\'s $1-target price research rpt can be found at Design Studio\'s website www.designstudio.com.sg/investor.htm

Buying opportunity at 61 c now? When the stock was trading at 57 cents, Pauline Lee, analyst at Kim Eng, wrote: “Despite its strong growth potential, the stock is deeply undervalued. It is trading at an ex-cash PER of 3.4x (a sharp discount to its peers) and offers a good dividend yield in excess of 5%. Unquote. See report at: www.nextinsight.net/content/view/1927/60/

What is the CHART INDICATION NOW?

Hoping for a decent dividend from Design Studio. Stock is now well supported at 61 c, up 1.5 c today. Volume is low but strong buying queue......:laugh:

The 2009 Result is out.... Group revenue increase 53.2% to S$113.9 million. Net profit before tax of S$30.0 million, increase 96.4%. The best is dividend increased by 25% to 1.25 cent.... :laugh: see announcement at: info.sgx.com/webcoranncatth.nsf/VwAttach...2009.pdf?openelement