INNOTEK

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13 years 11 months ago #3752 by Joes
Replied by Joes on topic Re:INNOTEK
InnoTek 1Q’10 Net Profit Soars to S$3.5 Million; Reversing From Loss of S$0.8 Million in 1Q’09 · Revenue of wholly-owned Mansfield Manufacturing Company Ltd. rises 11.9% to S$93.6 million in 1Q’10 from S$83.6 million in 1Q’09 on higher demand for TV components · Directors expect performance in 2Q’10 to better that of 2Q’09 and 1H’10 to better that of 2H’09 as Group continues to focus on improving cost management and operational efficiency.

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13 years 11 months ago #3772 by neontet
Replied by neontet on topic Re:INNOTEK
As some of you expected, Innotek delivered a good set of results, and the stock is flying now at 55 cents, up 4 cents this morning. :) Innotek must have re-started its share buyback programme. If that is the case, I can only say that this company is consistent, stable and shareholder-friendly.

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13 years 10 months ago #4029 by neontet
Replied by neontet on topic Re:INNOTEK
InnoTek shareholders should be happy. The stock is now 58 cents! And that\'s after pocketing 5 cts in dividend! Was below 50 cents last month. More excitement to come.....

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13 years 9 months ago #4136 by Joes
Replied by Joes on topic Re:INNOTEK
Share buyback has stopped for a while, but its stock price is firming up to 55 cents now. Maybe another dividend coming with half year results - solid one, I am expecting. B)

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13 years 9 months ago #4143 by Dongdaemun
Replied by Dongdaemun on topic Re:INNOTEK
8 million shares bought by Gazelle Capital in a married deal. Wonder who the seller is. Anyone has any idea? And how long has he held it? Make money or not? Gazelle is now a substantial shareholder. Seems like a vote of confidence in InnoTek.

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13 years 9 months ago #4144 by entdev
Replied by entdev on topic Re:INNOTEK
To Wai Hung pared down his stake from 7.23% to 3.72%. Transaction price is $0.55. Should have made money afterall just collected his 5cent dividend.

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