AVI-TECH ELECTRONICS

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9 years 5 months ago #21310 by Val
Replied by Val on topic AVI-TECH ELECTRONICS
Just sharing on this comeback kid. The business has shed its loss-making biz in US + insider buying has picked up strongly recently + net cash of this company exceeds share price. Oh, this is Sinjiapor company, not S-chip. 7.2 cents now.

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9 years 4 months ago #21477 by Val
Replied by Val on topic AVI-TECH ELECTRONICS
Cash + held-to-maturity financial instruments = S$26 million.


Bank borrowings = $2.2 m

Market cap today = Only $25 million. Cheap cheap!!!

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9 years 3 months ago #21479 by darthvadar
Replied by darthvadar on topic AVI-TECH ELECTRONICS
interesting.... but seems to be stuck in the 7+ cents range, prob legacy holders still have to unload first, wait for more company buybacks or a pullback to enter

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9 years 3 months ago #21525 by darthvadar
Replied by darthvadar on topic AVI-TECH ELECTRONICS
Insider still buying at 7.8 cents. Can we expect this level to be well supported now?

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9 years 3 months ago #21586 by Poh
Replied by Poh on topic AVI-TECH ELECTRONICS

darthvadar wrote: Insider still buying at 7.8 cents. Can we expect this level to be well supported now?


CIMB says minimum 11.7 cents. :)

brokingrfs.cimb.com/2ImBfcFsa3fjsfxR_4ZW...Kv9Gjponl3OCLLk1.pdf

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9 years 3 months ago #21605 by Val
Replied by Val on topic AVI-TECH ELECTRONICS

Val wrote: Just sharing on this comeback kid. The business has shed its loss-making biz in US + insider buying has picked up strongly recently + net cash of this company exceeds share price. Oh, this is Sinjiapor company, not S-chip. 7.2 cents now.


8.8 cents liao.
CIMB says minimum 11.7 cents.
U say...?

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