Bright World Precision

DBS VICKERS yesterday: As for Bright World (BUY, TP $0.80), based on its strong
orderbook of RMB280-300m at end of FY10, we believe 1Q
earnings could grow by as much as 30-40% y-o-y and 40-50%
q-o-q to RMB38m. This would be largely driven by sales
growth and sustainable margins. For the full year, assuming
2H11 is slightly lower than 1H11, we believe Bright World can
still eke out 25% earnings growth in FY11.

Dont really understand their business because not familiar with the industry .....However, Bright World is gaining favour and attention, so I will just go for the ride. Hope it doesnt get too rocky a ride.



Bright World secures order for one of industry’s highest tonnage range of stamping machines and contract with Changchun First Auto Works (长春一汽) for high tonnage stamping machine


info.sgx.com/webcoranncatth.nsf/VwAttach...Auto.pdf?openelement

Resilient stock in the face of market yo-yo swings. Now 67 cents. Quite a bit up since the recent postings below.

Not so resilient after all -- has moved down to 62.5 cents.