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Merrill Lynch (Singapore) Pte Ltd buy again at 0.825 today
AttasBoss ( Date: 21-May-2021 16:29) Posted:
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lost steam.....tomorrow recharge?
Turbo engine re start...she will to 90
AttasBoss ( Date: 23-May-2021 21:05) Posted:
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Business Outlook
As the COVID-19 pandemic persists, the importance of the digital world continues to accelerate technology
adoption across the globe. Excelpoint has since adapted business strategies and initiated plans to
strengthen our value proposition and positioning in the market.
Business momentum has seen recovery, especially in China and it will remain the key market for
Excelpoint&rsquo s growth. We will continue to see rising demand for semiconductor chips and solutions in the
segments we operate in with the shift towards a more digital lifestyle.
From our newly set-up PlanetSpark Innovation Centre, there are increasing opportunities to develop
solutions in Artificial Intelligence and the Internet of Things, and we are able to value-add more to our
partners in new ways and segments. These strong partnerships forged will allow us to stay ahead of the
curve and sharpen our competitive edge to capture new business opportunities arising.
With our strong focus on business sustainability, Excelpoint&rsquo s implementation of strategies to improve the
cost and operational efficiencies over the years have seen results. In addition, focusing on our people
remains a priority and we have enhanced our talent development and incentive initiatives as part of our
plans to build, nurture and align the next generation of leaders, who play a key role in taking our business
to the next level.
The world amidst the COVID-19 pandemic remains uncertain but with the Group&rsquo s robust foundation, strong
team and business strategies in place, we are well-positioned to grow the business sustainably.
Thank you for your continued support and trust to Excelpoint.
BY ORDER OF THE BOARD
Wong Yoen Har
Company Secretary
11 May 2021
As the COVID-19 pandemic persists, the importance of the digital world continues to accelerate technology
adoption across the globe. Excelpoint has since adapted business strategies and initiated plans to
strengthen our value proposition and positioning in the market.
Business momentum has seen recovery, especially in China and it will remain the key market for
Excelpoint&rsquo s growth. We will continue to see rising demand for semiconductor chips and solutions in the
segments we operate in with the shift towards a more digital lifestyle.
From our newly set-up PlanetSpark Innovation Centre, there are increasing opportunities to develop
solutions in Artificial Intelligence and the Internet of Things, and we are able to value-add more to our
partners in new ways and segments. These strong partnerships forged will allow us to stay ahead of the
curve and sharpen our competitive edge to capture new business opportunities arising.
With our strong focus on business sustainability, Excelpoint&rsquo s implementation of strategies to improve the
cost and operational efficiencies over the years have seen results. In addition, focusing on our people
remains a priority and we have enhanced our talent development and incentive initiatives as part of our
plans to build, nurture and align the next generation of leaders, who play a key role in taking our business
to the next level.
The world amidst the COVID-19 pandemic remains uncertain but with the Group&rsquo s robust foundation, strong
team and business strategies in place, we are well-positioned to grow the business sustainably.
Thank you for your continued support and trust to Excelpoint.
BY ORDER OF THE BOARD
Wong Yoen Har
Company Secretary
11 May 2021
Excelpoint says it' s unaware of reason for unusual trading volume
ELECTRONICS component distributor Excelpoint Technology said it is not aware of reasons for the unusual volume movements in its shares on Friday in response to a query from the Singapore Exchange Regulation (SGX RegCo) earlier in the day.
At 4.30pm, the bourse regulator issued a query to Excelpoint on the " unusual volume movements" in its shares. Over the course of the trading day, some one million shares changed hands which pushed the counter' s share price up by 14.9 per cent to close at 81 cents.
In comparison, the monthly average of the company' s cumulative trading volume in the last three months was 1.99 million shares. According to Bloomberg data, the counter' s 30-day average volume was 118,000.
Excelpoint closed at 70.5 Singapore cents on Thursday, and opened at 71.5 cents on Friday morning. The counter ended the first half of the trading day at 74.5 cents, up 5.7 per cent or four cents.
The stock made steady gains over the second half of the trading day, rising to touch as much as 81 cents at 4.18pm, before paring some gains to trade at 79.5 cents at 4.30pm. The shares then recovered to end the week at 81 cents.
In its query, SGX RegCo asked if the group was aware of any possible explanation for the trading activity, including any information not previously announced, or the public circulation of information by rumours or reports.
The regulator also asked the company to confirm its compliance with listing rules.
In its response at 7.04pm, Excelpoint said it was unaware of any information not previously announced, including those that may be material and price-sensitive, that would explain the heavy trading. The company also confirmed its compliance with the listing rules.
Excelpoint had on May 11 released its performance review for the first fiscal quarter of 2021 ended March. The company posted a net profit of US$4.4 million for Q1, up from profit of US$229,000 in the year-ago period. Earnings per share were lifted to 3.66 US cents from 0.19 US cent.
Revenue for the quarter rose 32.9 per cent to US$336.3 million from US$253 million in Q1 FY2019. The group attributed this mainly to higher sales from its Singapore and Hong Kong business units on the back of greater demand for semiconductors in line with accelerated technology adoption.
wa so confident
7ocean ( Date: 22-May-2021 11:07) Posted:
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Monday will be another wave up
AttasBoss ( Date: 21-May-2021 20:07) Posted:
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Means the owner could make offer and privatize it?
Huge Fund are Loading on this counter
AttasBoss ( Date: 21-May-2021 16:29) Posted:
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Merrill Lynch (Singapore) Pte Ltd just join the game now!
She will sail to $1.50... cos something happeing
7ocean ( Date: 21-May-2021 15:35) Posted:
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trading halt?
Well done Excelpoint...
borneo2017 ( Date: 21-May-2021 12:46) Posted:
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I think this is a GEM. Also very low float and tightly held. Results for past 2 quarters very good. Chance of going up is high and safer to hold on this kind of volatile trading environment.
Excelpoint are sailling fast...Turbo Engines Start Running.. BOOOOOOOM
7ocean ( Date: 18-May-2021 13:49) Posted:
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Extracted from recent company PR.
It is mainly a distributor.
About Excelpoint Technology Ltd (Registration No. 200103280C) Bloomberg Code: EXLP:SP / Reuters Code: EXCE.SI / SGX Code: BDF.SI Excelpoint Technology Ltd. (the &ldquo Company&rdquo ) and its subsidiaries (&ldquo Excelpoint&rdquo or the &ldquo Group&rdquo ) are one of the leading regional business-to-business (&ldquo B2B&rdquo ) platforms providing quality electronic components, engineering design services and supply chain management to original equipment manufacturers (&ldquo OEMs&rdquo ), original design manufacturers (&ldquo ODMs&rdquo ) and electronics manufacturing services (&ldquo EMS&rdquo ) in the Asia Pacific region. Excelpoint Technology Ltd. has been recognised in the Top 25 Global Electronics Distributors and Top Global Distributors lists by EBN (a premier online community for global supply chain professionals) and EPSNews (a US premier news, information and data portal and resource centre for electronics and supply chain industries) respectively. Excelpoint works closely with its principals to create innovative solutions to complement its customers&rsquo products and solutions. Aimed at improving its customers&rsquo operational efficiency and cost competitiveness, the Group has set up research and development (&ldquo R& D&rdquo ) centres in Singapore, China and Vietnam that are helmed by its dedicated team of professional engineers. Established in 1987 and headquartered in Singapore, Excelpoint&rsquo s business presence spans over 40 cities in more than 10 countries with a workforce of more than 650 people from different nationalities and cultural backgrounds. For more information about Excelpoint, please visit www.excelpoint.com
It is mainly a distributor.
About Excelpoint Technology Ltd (Registration No. 200103280C) Bloomberg Code: EXLP:SP / Reuters Code: EXCE.SI / SGX Code: BDF.SI Excelpoint Technology Ltd. (the &ldquo Company&rdquo ) and its subsidiaries (&ldquo Excelpoint&rdquo or the &ldquo Group&rdquo ) are one of the leading regional business-to-business (&ldquo B2B&rdquo ) platforms providing quality electronic components, engineering design services and supply chain management to original equipment manufacturers (&ldquo OEMs&rdquo ), original design manufacturers (&ldquo ODMs&rdquo ) and electronics manufacturing services (&ldquo EMS&rdquo ) in the Asia Pacific region. Excelpoint Technology Ltd. has been recognised in the Top 25 Global Electronics Distributors and Top Global Distributors lists by EBN (a premier online community for global supply chain professionals) and EPSNews (a US premier news, information and data portal and resource centre for electronics and supply chain industries) respectively. Excelpoint works closely with its principals to create innovative solutions to complement its customers&rsquo products and solutions. Aimed at improving its customers&rsquo operational efficiency and cost competitiveness, the Group has set up research and development (&ldquo R& D&rdquo ) centres in Singapore, China and Vietnam that are helmed by its dedicated team of professional engineers. Established in 1987 and headquartered in Singapore, Excelpoint&rsquo s business presence spans over 40 cities in more than 10 countries with a workforce of more than 650 people from different nationalities and cultural backgrounds. For more information about Excelpoint, please visit www.excelpoint.com
superstartup ( Date: 19-May-2021 14:38) Posted:
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Told you, main business is distribution.
Anyway, do your own DD.
Anyway, do your own DD.
7ocean ( Date: 19-May-2021 14:35) Posted:
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Check their company information before comments
superstartup ( Date: 19-May-2021 13:41) Posted:
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Or Excelpoint may indeed do manufacturing, but if true, only a small component.
It' s main business is still distribution.
It' s main business is still distribution.
superstartup ( Date: 19-May-2021 13:41) Posted:
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You can check Analysts report.
7ocean ( Date: 19-May-2021 13:36) Posted:
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