UOB-KH today reiterate a BUY.
The structural growth of automotive electronic components is ongoing despite the
COVID-19 pandemic. Channel checks indicate that demand for burn-in testing remains
elevated although some supply chain-related disruptions could result in a slight dip in
FY20F revenue. Nevertheless, we reiterate BUY and target price of S$0.57. Current price
translates into an attractive entry at 2.6x FY21F EV/EBITDA and 8.9x PE.
It has an indicative FY21 yield of 6.4%.
FY20 NAV/Share (S$) 0.31
FY20 Net Cash/Share (S$) 0.21
The structural growth of automotive electronic components is ongoing despite the
COVID-19 pandemic. Channel checks indicate that demand for burn-in testing remains
elevated although some supply chain-related disruptions could result in a slight dip in
FY20F revenue. Nevertheless, we reiterate BUY and target price of S$0.57. Current price
translates into an attractive entry at 2.6x FY21F EV/EBITDA and 8.9x PE.
It has an indicative FY21 yield of 6.4%.
FY20 NAV/Share (S$) 0.31
FY20 Net Cash/Share (S$) 0.21
Time for this strong counter to be noticed, let's be the next AEM. Huat to all vested!
It is in the burn-in tester business.
You can check it up here:
https://sginvestors.io/sgx/stock/bky-avi-tech/stock-info
You can check it up here:
https://sginvestors.io/sgx/stock/bky-avi-tech/stock-info
PQTPQK ( Date: 24-Jun-2020 21:13) Posted:
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what business they are doing ?
sunview ( Date: 24-Jun-2020 21:09) Posted:
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Agree. Technically need to go pass $0.40 convincingly. Today' s volume is much higher than the daily average.Sign of buyers  emerging ?
bighuathuat ( Date: 24-Jun-2020 18:52) Posted:
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This is an underdog counter. Cash rich, almost zero debt, consistent dividends and high profit margin.
Need to break 0.4 for upside. Maybe August financials release can provide rocket fuel
Anytime can be turning point because this counter not much shares. It can be easily push up anytime.
Question is , is it sustainable.
But now people only interested in medical-related shares. 
 
Question is , is it sustainable.
But now people only interested in medical-related shares. 
 
sunview ( Date: 24-Jun-2020 15:54) Posted:
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Could be a turning point here techically. Just personal observation.
Why state the price?
sunview ( Date: 24-Jun-2020 11:16) Posted:
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$0.395
 
 
Volume up by about 50% since the surge, this counter attracting interest already.
Entered small small at 0.395. The sudden price action intrigued me and am interested to see how it plays out today.
Can' t be Hi-P though. This counter is more similar to AEM  - semiconductor test accessory sector.
Today power up liao
They have close to 0 debt. Market cap is around 60mil and they have 36mil cash on hand.
albeniz ( Date: 14-Apr-2020 16:08) Posted:
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Yes, slowly collecting while others are not watching.
It has a history of dividends. P/E and P/B are attractve.
With the world movng into digitalization, industry automation, AI and IoT,  computers and electronic gadgets would increase in demand.
And that would provide a good business basis for burn-in and chip testing, which is what Avi-Tech is doing,
 
It has a history of dividends. P/E and P/B are attractve.
With the world movng into digitalization, industry automation, AI and IoT,  computers and electronic gadgets would increase in demand.
And that would provide a good business basis for burn-in and chip testing, which is what Avi-Tech is doing,
 
Wind22i ( Date: 09-Mar-2018 16:36) Posted:
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Avi tech.. has been undervalued still...
I think some ppl collecting it...
I think some ppl collecting it...