EPICENTRE

1H FY2011 revenue jumps 123.8%!!!
EPS 5.05c in 1H FY2011
Positive net working capital of S$19m!!
Both revenue and profit 1H FY2011 > FY2010 FULL YEAR!!

Price continue to surge!!

I hope you dont mind, but the vol is very low mostly and px keep soaring. Did you sense something odd???
I think better be careful. Hope i am wrong. Please be more careful with eye open.
 

I agree the price surge looks overdone. It's probably a play ahead of the launch of iPad2 next month. I have taken some profit off the table, which I usually do for stocks that surge so much in a couple of days, irrespective of fundamentals.
ECS, my other bet for the same reason of exposure to Apple products, has also surged. Fundamentally, though, this one still looks attractive, in terms of a much lower PE, and the impending listing in Taiwan. It's a very tightly held stock (almost 90% owned by same shareholder) and last year when I attended the AGM, there were only 2 other shareholders other than me at the meeting!
 
 

More upside expected!!

Epicentre has had a good week last week. Fundamentally it is no longer attractive.

Its 1 S¢ final dividend is only 1.5% yield. Plus interim 1 cent, ok 3% total.

DMG raised its TP to S$0.68 --- that's where the stock is now.