Gaining strength to breakout 60 cents soon .the launching of iPhone 6 may drive the prices higher
spore1 ( Date: 27-May-2014 21:12) Posted:
|
Moving up liao
spore1 ( Date: 28-May-2014 20:04) Posted:
|
almost there. may cont to move up to test 60 cents.
spore1 ( Date: 27-May-2014 21:12) Posted:
|
seems rather weak. it will need to cross over 57 cents in order to move up.
sporeshare.blog spot.sg/2014/05/hi-p.html
On 6 May 14,the company announced that Koch Industries (USA)is now the single largest shareholder of Hi-P shares at 21.78% after the successful merger of its subsidaries namely the Molex Connector and Koch Connectors on  9 Sept 13..Molex Connector which is is wholly owned by Molex Electronic Technologies Holdings, LLC which, in turn, is wholly owned by Koch Industries, Inc.  Each of Mr Charles G. Koch and Mr David H. Koch beneficially owns 25% or more of the total number of issued and outstanding voting common shares of Koch Industries, Inc.
I think can accumulate this share with the possibility that Koch Inductries might make a bidding for Hi-P in the future.Koch Industries, Inc.is an American multinational  corporation based in Wichita Kansas, United States, with subsidiaries involved in manufacturing, trading, investments, manufacturing, refining  and distribution of  petroleum, chemicals, fiber, intermediates etc.
I think price is highly undervalued.NAV 0.71c.
Going forward should see company securing more  smartphone orders from Apple and Xiaomi.Also with a possibility take over bid by Koch Industries.
DYODD.
http://infopub.sgx.com/FileOpen/Form3_Molex_06052014.ashx?App=Announcement& FileID=295650
On 7 May 14,the security firm  upgraded Hi-P (55 cents, down 1 cent) from SELL to HOLD as we believe the worse is likely over for the company as management looks forward to a better performance in 2H2014 on the back of new customer wins from Xiaomi (smart phones), Yota (smart phones), iRobotic (vacuum cleaner), Nike (wearable devices) and the negative impact from Research In Motion passes its worst point. But, given the numerous disappoints in the past 2 years, we are not prepared to &ldquo BUY&rdquo yet and would prefer to await execution from management before turning more positive
remister889 ( Date: 08-May-2014 12:12) Posted:
|
lim  & tan sec has a sell call yday.
Hi-P (56 cents, down 1 cent) disappointed again with 1Q14
loss of $12.27mln against profi t of $7mln a year ago while
sales plunged 33% to $179mln. If not for an insurance claim
of $4mln bottom-line loss would have been even worse. The
weaker than expected performance refl ects weaker demand
from its key customers such as Research in Motion and
Apple as competitors gain market share at the expense of
Hi-P. Weaker demand coupled with higher operating costs
saw margins being crimped signifi cantly. Looking ahead,
management expects continued weakness in 2Q&rsquo 14 and to
continue remaining in the red although losses are expected
to be lower than 1Q&rsquo 14&rsquo s $12.27mln.
loss of $12.27mln against profi t of $7mln a year ago while
sales plunged 33% to $179mln. If not for an insurance claim
of $4mln bottom-line loss would have been even worse. The
weaker than expected performance refl ects weaker demand
from its key customers such as Research in Motion and
Apple as competitors gain market share at the expense of
Hi-P. Weaker demand coupled with higher operating costs
saw margins being crimped signifi cantly. Looking ahead,
management expects continued weakness in 2Q&rsquo 14 and to
continue remaining in the red although losses are expected
to be lower than 1Q&rsquo 14&rsquo s $12.27mln.
it may move up to test 59 cents
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
it will need a good push in order to cross over 59 cents
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
it may cont to rise further up
 
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
breaking 59 cents will be positive . it may test 60.5 cents
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
testing 59 cents soon
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
gd value play. may head higher
gold123 ( Date: 21-Jan-2014 08:11) Posted:
|
As Internet shares break down, investors see value in old tech
[NEW YORK] The last six weeks have been terrible for many technology shares, but not for the four horsemen that sat atop the last tech boom.
Intel, Oracle, Microsoft and Cisco, known as the four horsemen during the late 1990s technology boom due to their strong performance and leading market share, have all rallied since the beginning of March even as stocks of many other tech companies have been crushed.
These legacy names have emerged as an alternative for those who want exposure to the tech sector but are spooked by the slump in high-growth stocks like Netflix.
These older names have recently attracted more attention because their growth outpaces the broader market but they don' t have the high valuations of the recent momentum favorites. " They have high cash levels, nice profit margins, and when the economy returns, their cyclicality will be a positive," said Robert Stimpson, portfolio manager at Oak Associates Ltd in Akron, Ohio. " That they' re trading at a discount makes them something of a defensive play," he added. " I' d rather own them than something like utilities, which pay a dividend but offer little or no growth."
 
 
To declare a first and final tax exempt one-tier dividend of 0.6 cents per ordinary
share for the year ended 31 December 2013.
http://infopub.sgx.com/FileOpen/Hi-P_Notice%20of%20AGM%20_%20EGM_11042014.ashx?App=Announcement& FileID=290914
seems oversold. may move up any moment
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
filled up the gap at 58 cents. high chance of testing 60.5 cents
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
moving up to test 60 cents
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|
breaking out of 57 cents will be bullish
spore1 ( Date: 09-Mar-2014 22:45) Posted:
|