MFG manufacturing integration technology *Official* (SGX:M11)

stephen hao

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Impressive set of results following 1st quarter growth.

Revenue hit S$53.3m one of the highest achieved in any 6 .
half-year profit of S$12.9m 27% higher yoy

They declared a $0.005/share special dividend. Nice


http://infopub.sgx.com/FileOpen/MIT%20An...eID=363618
http://infopub.sgx.com/FileOpen/Press%20...eID=363619
 

Asphodeli

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Looks interesting, but what's the story behind the numbers? Any long-time holders of this counter can answer?
 

stephen hao

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Looks interesting, but what's the story behind the numbers? Any long-time holders of this counter can answer?

Held in February till date. Would say cash have doubled . Turnaround for years of losses. Seems good with > 50m of sales orders and strengthening USD to go ahead. When times are hard, surprising they are doing good delivering impressive resulta
 

Perisher

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Held in February till date. Would say cash have doubled . Turnaround for years of losses. Seems good with > 50m of sales orders and strengthening USD to go ahead. When times are hard, surprising they are doing good delivering impressive resulta

Did the management change? How to have years of losses turn so drastically?
 

stephen hao

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Did the management change? How to have years of losses turn so drastically?

They won more contracts , driven by return deman of semicon. In 2014, launched vision inspection equipment in Taiwan , was a big hit . Orders came in more, also now with the solar field arm, reduces the dependency on the semicon industry
 

stephen hao

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Wasn't drastic , the momentum of growth was in late 2014 and positive profit every quarter till date.

The statement made "with the first half results and barring any unforeseen circumstances , the board expects the group to continue its strong growth in 2015" . They have been prudent in certain aspect but making this statement made them sound more positive for the next 2 quarter. Well am excited to see what unfolds
 

winorlose

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Shifu WK^3 this one good?????

Can buy?

TA GOOD? FA GOOD?

I check out their AR15.. looks very powerful leh..

High cash, almost no debt

Revenue exploding

GrossProfit exploding

NetProfit exploding..
 

Sinkie

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Shifu WK^3 this one good?????

Can buy?

TA GOOD? FA GOOD?

I check out their AR15.. looks very powerful leh..

High cash, almost no debt

Revenue exploding

GrossProfit exploding

NetProfit exploding..

Breakout already. Gxgx

Which scanner u use to scan for breakout?
 

winorlose

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Volume can be created.. But for now.. Let it be cheap so can collect..

Later u see breakout.. Volume auto come in

Parkson also like dat right..
 

winorlose

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Wk^3 waiting for your inputs on FATA pls..

Tonight can sleep in peace And monday i can buy in harmony
 
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