Valuetronics Holdings Ltd

SGX (SGD): Valuetronics (BN2)

Last Price

0.64

Today's Change

0.00 (0.00%)

Day's Change

0.64 - 0.645

Trading Volume

494,400

Overview

Avg Volume (4 weeks)

631,720

4 Weeks Range

0.61 - 0.65

4 Weeks Price Volatility (%)

75.00%

52 Weeks Range

0.495 - 0.655

52 Weeks Price Volatility (%)

90.62%

Previous Close

0.64

Open

0.64

Bid

0.635 x 323,700

Ask

0.64 x 334,500

Day's Range

0.64 - 0.645

Trading Volume

494,400

Company Profile

Sector: Manufacturing

Sector: Manufacturing

Description:

VALUETRONICS HOLDINGS LIMITED is an investment holding company principally engaged in the provision of electronics manufacturing services (EMS). Along with subsidiaries, the Company operates its business through two segments. The Industrial and Commercial Electronics (ICE) segment provides industrial and commercial electronics products. The Consumer Electronics (CE) segment provides consumer electronics products. The Company produces products covering smart lighting products, printers, temperature sensing devices, communication products, automotive products and medical equipment.

Discussions
2 people like this. Showing 32 of 32 comments

Pang Sing Tan

Strong earnings growth for FY14 and what a great run in stock price over the past 12 months. No analysts, as I know, cover this stock - what a shame. To those who are vested and believe in this small cap, well done.

2014-06-03 23:09

Pang Sing Tan

There are now 4 research houses recommending "buy". The recent management update is positive and we should expect a better FY15. This small cap gem, dividend yield > 6%, is in my view a long term hold. For this FY, I expect continuation of special dividend payout (has surplus cash) and a bonus issue (to improve stock liquidity) - to reward shareholders.

2014-08-09 07:15

passerby

like like like too the max ! debt = 0

now need to find fresh fund for this ctr already starting next week....

arigato gozaimas Pang

2014-08-10 11:35

0549617

Is that any news or reason
to push up the shares price?

2014-08-14 14:16

passerby

wah.....you are here to fry stock? no la, no reason to push or fry la....only reason is the fundamental of the company...you check the data of this counter with ft.com, you will see some impressive numbers...

fundamental.....no pushing or frying...

2014-08-14 14:26

passerby

if wanna invest :-

1) identify a good fundamental company. There are a few parameters to gauge whether a company is a good company or not.

2) determine the fair value of the company using the some available methods. if too lazy, just read the IBs report or coverage. Establish entry price using some safety of margin.

3) establish exit point once the price run ahead of the fundamental.

the above require discipline.

if punt or fry purpose....u see where the crowd go...u just join in, chances to make money or lose money are almost equal but most of the time the retail investors will lose out to the professional operators....hence, fry less & push less, sleep well at night

2014-08-14 14:36

albertlaw

Pang S.T..OCBC,Philip (T.P 60cts) AM Fraser (67cts) DBS (72cts) in fact b4 xd Valuetronics touched 59cts ..first qtr esults out dividends will be payable 15 Aug..nothing to expect except maybe next year..likley will drop to,50cts

It was artifically pushed up on AGM 22 July from 49-59cts within 3 days b4 it went ex on 25 July I believe will drop tp 45-50cts level

2014-08-14 17:41

albertlaw

belive 40cts can buy,...last few sharp drop it ended 38-39.5cts..Doji formed but still never breakdown..can accumulate slowly

2014-10-13 11:53

0665hock

now how???

2014-10-14 14:27

Angel_Investor

What happen? How come such a cash rich company's share price oversold in 2 days!

2014-10-14 21:08

albertlaw

AmFraser: Valuetronics Holdings Ltd: Shedding light on deep value (Maintain BUY, FV: S$0.69)

Dutch MNC is separating out the lighting division, not shutting it down. We think the sell-down on this weeks-old piece of news, was totally unwarranted. The sale of LED light bulbs is not the core revenue generator for this MNC. In fact, Lumileds made up only 5% of their lighting revenue in 2013. We therefore do not believe that the decision to spin-off the weaker lighting division came just from headwinds in LED sales. It also certainly does not mean that lighting will be left out to hang dry. In truth, no one knows what big MNC’s plans are and we believe it would be more prudent for investors to assume the status quo than take a wild stab at what might or might not happen, and make worst case scenario assumptions.
Unlikely to do unprofitable business.There were also views that suggest that VALUE will continue to produce for big MNC even when its gross margins are halved or turn negative. We understand that the culture at VALUE is very profitability centric (superior net margins and them walking away from the licensing business). We find it hard to believe that Valuetronics would continue to do business with big MNC under such onerous terms.
CE’s headwinds already a well known fact. The headwinds for the CE business (-11% yoy in 1Q3/15) is a true area of concern; this was a well known fact that was highlighted post 1Q3/15 results. Our assumed CE revenue growth of 4% yoy looks high, but we have also underestimated, the higher margin, ICE growth rate (+36% yoy in 1Q3/15 vs. Amfraser’s estimated growth rate of 16%). As a result we believe both effects will even out at the bottom-line level. With a lower contribution mix from CE, we believe VALUE looks an even better proposition now, with much lower concentration risk.
Standing firm on our call. As 2Q3/15 results will be out in a couple of weeks, we make no changes to our current estimates, BUY rating and S$0.69 target. As of 1Q3/15 Valuetronics had cash of HKD441m or 19 Scts of cash per share with no debt and dividend yield of 9%. Cash level could fall over the next few quarters as Valuetronics spends on capex. Trading at 4.5x FY15F P/E, this stock looks extremely attractive in our opinion and this sell-down presents a very good chance for investors to buy.

2014-10-16 15:37

Yauboon

http://news.morningstar.com/articlenet/article.aspx?id=669136

Phillips overall lighting sales declined in 3q 2014; but its led lighting business up 28%!!!

2014-11-01 10:36

Angel_Investor

Trend reversal towards 0.45?

2014-11-29 11:44

albertlaw

42-42.5 hit high 43cts accumulation in progress..at current price I don't think will lose much? If worst scenario hold..dividend about S$13 for last year per share..last year at AGM at Ris Carlton during AGM i went out to call my broker to buy 50000@48cts and after that it hit a high 59cts before selling at 53-53cts ex dividend hope history will repeat

2015-02-16 15:31

albertlaw

Last half hour it was trading 42-42.5cts but closing bell all 42cts was taken up leaving a wide buy-sell gap 42.5-43.5 at close for tue and even on half day trading 18 Feb..This imply Valuetronice is well supported even at 42.5cts level grin LOL cheese smile smile
- Related Stocks -
VALUETRONICS HOLDINGS LIMITED

2015-02-18 23:25

albertlaw

Today break resistancce 45cts and hit 47cts:s12::s13:

2015-03-09 19:34

albertlaw

close at 47cts

Most analysts not accurate see they predict T.P for innovalue to be 47cts a few month s ago now Innovalue 70cts.When FYE 31 March and give special dividends besides the usual dividends Valuetronics may test its new high again..last year when AGM was on in Sept 2014 I still bought at 49 cts thereabout and during th emeeting tested 50cts level and a few days later tested 59 cts high record before I sold all shares bought from 23-26,27-33 and 35-38cts all out..let' [s hope history will repeat




DMG seems to be the most bullish among the analysts who cover Valuetronics with a TP of S$0.64, Phillip Securities has a TP of S$0.50 and KGI Fraser is at S$0.57. seems like the counter is looking for a new price point to consolidate. good luck to all who are vested!

2015-03-09 23:15

albertlaw

Was at Capitalmaster Pte Ltd (Fock Wah Industrial Building)where they recommend strongly as strong accumulation of Valuetronics detected

2015-04-09 10:40

albertlaw

In Oct 2014 it broke below 30cts after negative report by Maybank-Kim Eng..hover 30-35 for sometime before it broke through 40cts and at that time target price was from 50-72cts...latest T.P is at 64cts if it can maintain its profits and dividends policy..hope can break the 50cts soon

https://www.flickr.com/photos/caricature/14920417144/

Quite safe witrh its limited downside as the dividends yiled is much better than FD rates

2015-04-09 23:04

albertlaw

Valuetronics (VALUE SP, BN2)
Technical BUY with 13.4% potential returns
Last price: S$0.485
Target price: S$0.55
Protective stop: S$0.450
BUY with a target price of S$0.55, with stops
placed at S$0.485. The stock continues to
trade at above the rising 25-day SMA and a
breakout could close the gap down formed on
29 Jul 14. The MACD indicator appears to
have corrected moderately and looks poised to
form a bullish crossover at above its centreline.
Watch the MACD histogram to see if it could
move above its centreline.
Expected timeframe: 2 - 3 weeks.
Valuetronics

Made a few round on this Valuetronics..it's owned by Hongkee..not an S chips and the beauty of this co it pays good dividends every year since ipo in 2007 and has no bank borrowings ..positive CAGR

2015-04-09 23:15

albertlaw

Closed at 51.5 on 22 April

2015-04-22 23:33

albertlaw

hit 52cts

2015-04-24 13:17

mocics

Long time nobody talk about this stock...wonder why it continues to trade at such depress valuation? Cash is like 85% of market cap, free cash flow positive, yield around 8%, PER ex cash is around 1x....

2016-03-09 09:20

LanSeeBoy

Silly mgt still keeping it listed. SME mentality, never gonna grow.

2016-03-11 15:41

breadman

i think the management saw ur comment here lanseeboy

2016-04-19 09:39

LiteInvestor

any sifu.... TP?

2016-06-10 21:18

680301Seed

got syndicate or not? all watching football?

2016-06-23 15:08

hstha

3 Income Stocks I Like from the List of 30 Best Stocks in Singapore for 2018
https://www.fool.sg/2018/08/07/3-income-stocks-i-like-from-the-list-of-30-best-stocks-in-singapore-for-2018/

2018-08-08 21:16

hstha

2 Electronic Stocks That Have Been Unfairly Hammered By The Market
https://www.fool.sg/2018/07/20/2-electronic-stocks-that-have-been-unfairly-hammered-by-the-market/

2018-08-08 21:17

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