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this ISDN very resourceful.
ISDN& rsquo s subsidiary AR Robotics brings in Soradynamics and Trinity as strategic partners to drive robotics and AI business
Drone and AI both in 1. no wonder chiong today. guess tomorrow will be another green candle day.
Drone and AI story.
I guess this will be the next $1 stock. just buy and ride the wave up.
ISDN& rsquo s subsidiary AR Robotics brings in Soradynamics and Trinity as strategic partners to drive robotics and AI business
Drone and AI both in 1. no wonder chiong today. guess tomorrow will be another green candle day.
Drone and AI story.
I guess this will be the next $1 stock. just buy and ride the wave up.
Tng of CGSI raises ISDN' s target price to 96 cents on resilient industrial automation business
William Tng of CGS International has more than doubled his target price for ISDN Holdings from 44 cents to 96 cents, on the premise that the company' s resilient industrial automation business will see further growth, therefore justifying a higher earnings multiple.In February, ISDN reported FY2025 revenue of $440 million, an increase of 18% y-o-y, driven largely by its industrial automation business in China. Gross margin for this business segment was relatively stable at 24.3% in FY2025 versus 24.2% in FY2024.
Earnings for the year was $7 million, down 21% y-o-y, dragged by $4.5 million in unrealised, noncash foreign exchange revaluation losses from its hydropower business in Indonesia. Excluding which, core profit for the year was up 26% y-o-y.
Even so, ISDN wants to grow its renewable energy business, with two additional mini hydropower plants scheduled for completion in 2026.
According to Tng, ISDN continues to see broad-based demand for its IA business as factories continue to enhance their capabilities via advanced IA solutions.
The company has also expanded its presence across Asia to capture emerging opportunities from Malaysia and Taiwan amid ongoing global supply chain diversification, he says.
Tng' s higher target price of 96 cents is based on 24x FY2027 earnings, which is 1 sd. above its 10-year average of between FY2017 to FY2026. His earlier target price was based on an earnings multiple of 13.5x, the company' s ten-year average between FY2016 to FY2025.
Besides earnings growth seen to resume in FY2026 to FY2028, Tng believes that this counter will also draw buying interest from Equity Market Development Programme (EQDP) funds.
Re-rating catalysts include higher-than-expected net profit contribution from its hydropower business segment, a faster pace of economic growth in China as it stimulates its economy, and a stronger global semiconductor recovery.
On the other hand, downside risks include weak customer demand if the global economy continues to slow, and potential bad debts as economic conditions worsen.
ISDN shares, as at 11.41 am, changed hands at 61 cents, up 26.04%.
You mean Have Not Sold enough ?
Anyway, I not vested anymore in either direction.
Anyway, I not vested anymore in either direction.
ysh2006 ( Date: 28-Apr-2026 09:46) Posted:
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Quite obvious right? Analysts also humans ma.....If you are an analyst what will you do?
ysh2006 ( Date: 28-Apr-2026 09:46) Posted:
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But why last few day when ISDN said it ventured into AI and Robotic business analyst don' t upgrade ? have not eat enough yet ?
SmallSmall ( Date: 28-Apr-2026 08:59) Posted:
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Profits taking completed now new round coming
Some bought cheap now profit taking still for those has missed can enter for later more profits
For those interested:
CGSI April 27, 2026
ISDN Holdings Ltd Industrial automation demand resilient
■ FY25 revenue (S$440, +18% yoy) was 6% above our forecast due to recognition of construction revenue from its mini-hydropower plants.
■ FY25 net profit (S$7m, -21% yoy) was 11% above our forecast. The decline was due to S$4.5m of unrealised foreign exchange loss.
■ With demand for its key Industrial Automation business still resilient, we lift FY26-27F EPS by 22-36%. Reiterate Add with a higher S$0.96 TP.
CGSI April 27, 2026
ISDN Holdings Ltd Industrial automation demand resilient
■ FY25 revenue (S$440, +18% yoy) was 6% above our forecast due to recognition of construction revenue from its mini-hydropower plants.
■ FY25 net profit (S$7m, -21% yoy) was 11% above our forecast. The decline was due to S$4.5m of unrealised foreign exchange loss.
■ With demand for its key Industrial Automation business still resilient, we lift FY26-27F EPS by 22-36%. Reiterate Add with a higher S$0.96 TP.
My source told me that too.
SmallSmall ( Date: 28-Apr-2026 08:59) Posted:
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I heard New Target price double ? $0.96 CGSI
Strong buying volume.. 0.57
ysh2006 ( Date: 28-Apr-2026 08:35) Posted:
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This counter need a white cat that can catch the mouse lah.....still below 50c strong resistance.....
PiRPiR ( Date: 27-Apr-2026 08:52) Posted:
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laggards tech .... should up soon ...
PiRPiR ( Date: 27-Apr-2026 08:52) Posted:
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https://www.nextinsight.net/story-archive-mainmenu-60/949-2026/16640-isdn-core-profits-surge-26-in-second-year-of-turnaround-future-drivers-include-data-centres
====================
A FUNDAMENTAL ANALYSIS BY LEONG CHAN TEIK
ISDN: Core Profits Surge 26% In Second Year of Turnaround, Future Drivers Include Data Centres
ISDN Holdings has delivered a robust financial performance for FY2025, recording a 25.9% year-on-year increase in S$9.7 million core profit attributable to shareholders.
This marks the second consecutive year of turnaround and core profit growth for the Group.
ISDN&rsquo s top-line growth was strong, climbing 18.2% YoY to S$440.2 million, driven by resilient performances across its key business segments and geographies.
Gross profit increased by 10.8% to S$105.2 million, though the overall gross profit margin shrank 1.6 percentage points to 23.9%.
This was primarily due to the recognition of lower-margin construction revenue tied to the company' s expanding renewable energy projects in Indonesia.
FY2025 overview
The Board proposed a final dividend of 0.53 Singapore cents per share, amounting to a 25% payout ratio.
Forex Losses and Future Reporting
Despite the strong operational momentum, ISDN' s as-reported net profit declined by 20.7% to S$6.8 million.
This discrepancy is almost entirely due to S$4.5 million in non-cash, unrealised foreign exchange (forex) revaluation losses.
The company' s renewable energy business operates on long-term contracts spanning up to 25 years.
Under this model, long-term receivables and payables are revalued each period.
Because the USD weakened against the SGD and strengthened against the Rupiah during the year, it triggered significant unrealised forex losses on the income statement.
To mitigate this non-operational accounting volatility going forward, ISDN announced a shift in its reporting practices for the renewable energy segment.
MD and President Teo Cher Koon explained, " we are going to change the financial report currency from SGD to USD. So with that, we will not have to worry about the long term unrealized forex loss" .
Future long-term unrealised forex fluctuations will be reflected in Other Comprehensive Income (OCI) rather than creating severe swings in the core Profit & Loss statement.
Two Primary Pillars and Growth Drivers
ISDN&rsquo s strategy is rooted in two primary pillars: Industrial Automation and Renewable Energy.
1. Industrial Automation -- This core segment delivered an 8.9% YoY revenue increase, driven by a 5.4% growth in China and an 18.3% surge in Southeast Asia.
ISDN' s growth drivers are fueled by the rising adoption of Industry 4.0, AI, and the Internet of Things.
Mr. Teo highlighted this demand, noting, " Because of all these environments we need industrial automation software, hardware and the hottest thing right now is AI" .
Reflecting on the broader market shift, he noted in the company' s earnings release: " FY2025 reflects the underlying structural demand for industrial automation across our core markets. As manufacturers in China and Southeast Asia continue to upgrade capabilities, automation, robotics and AI-enabled solutions are becoming increasingly essential to productivity and competitiveness" .
Having strategically invested in talent during the recent downcycle, the company is now primed for returns. " We have already built up a pool of software and hardware engineers," Mr. Teo stated, " It' s about time that we expand our market reach and harvest from the market" .
On a side note,
Managing Director Teo Cher Koon emphasized
that both the semiconductor equipment and data-center markets are identified by management as primary growth drivers for ISDN in the coming years.
A. Semiconductor Backend Equipment: The backend semiconductor equipment sector is expected to " move very fast" and deliver " promising outcomes" . The semiconductor sector currently contributes a substantial 25% to 30% to revenue. ISDN continues to actively participate in the semiconductor backend equipment market across both Southeast Asia and China.
B. Data Centers: Although the data center market does not currently contribute much, ISDN is focusing on this highly promising industry. ISDN is actively growing its business and already is providing software solutions and platforms to help major operators manage their data centers more efficiently.
Along with smart warehouses, these areas are viewed as the primary verticals where ISDN sees its growth trajectory heading.
2. Renewable Energy -- Serving as a reliable generator of cash-rich, recurring earnings, the renewable energy segment saw its revenue more than double to S$58.9 million in FY2025.
While ISDN currently operates three mini-hydropower plants in Indonesia, its primary growth driver is capacity expansion.
Two additional mini hydropower plants are scheduled for completion in 2026, increasing total power output by +81%, adding more recurring earnings for the Group.
This expansion secures a much larger, sustainable recurring income base for ISDN for decades to come.
Some Q& A at FY25 results briefing
Q: When is ISDN planning to spin off the hydro plants?
Mr Teo: I' ve just hired a financial guy who has a lot of experience in M& A and in the financial markets, especially in infrastructure. So he' s coming on board in March 2026 and he will help us to strategize it, structure it so that we can spin it off, you know, at the right time.
Q: Will the energy crisis improve the valuation of ISDN' s hydro plants?
Mr Teo: Valuation should improve because as gas and petroleum become more expensive, hydropower becomes an even more affordable and attractive alternative.
Q: How is ISDN' s order book so far and for the next six months?
Mr Teo: We are quite happy the order book is actually at least 20-30% higher than the past. We have been seeing this order book for the past few months, since last November.
====================
A FUNDAMENTAL ANALYSIS BY LEONG CHAN TEIK
ISDN: Core Profits Surge 26% In Second Year of Turnaround, Future Drivers Include Data Centres
ISDN Holdings has delivered a robust financial performance for FY2025, recording a 25.9% year-on-year increase in S$9.7 million core profit attributable to shareholders.
This marks the second consecutive year of turnaround and core profit growth for the Group.
ISDN&rsquo s top-line growth was strong, climbing 18.2% YoY to S$440.2 million, driven by resilient performances across its key business segments and geographies.
Gross profit increased by 10.8% to S$105.2 million, though the overall gross profit margin shrank 1.6 percentage points to 23.9%.
This was primarily due to the recognition of lower-margin construction revenue tied to the company' s expanding renewable energy projects in Indonesia.
FY2025 overview
The Board proposed a final dividend of 0.53 Singapore cents per share, amounting to a 25% payout ratio.
Forex Losses and Future Reporting
Despite the strong operational momentum, ISDN' s as-reported net profit declined by 20.7% to S$6.8 million.
This discrepancy is almost entirely due to S$4.5 million in non-cash, unrealised foreign exchange (forex) revaluation losses.
The company' s renewable energy business operates on long-term contracts spanning up to 25 years.
Under this model, long-term receivables and payables are revalued each period.
Because the USD weakened against the SGD and strengthened against the Rupiah during the year, it triggered significant unrealised forex losses on the income statement.
To mitigate this non-operational accounting volatility going forward, ISDN announced a shift in its reporting practices for the renewable energy segment.
MD and President Teo Cher Koon explained, " we are going to change the financial report currency from SGD to USD. So with that, we will not have to worry about the long term unrealized forex loss" .
Future long-term unrealised forex fluctuations will be reflected in Other Comprehensive Income (OCI) rather than creating severe swings in the core Profit & Loss statement.
Two Primary Pillars and Growth Drivers
ISDN&rsquo s strategy is rooted in two primary pillars: Industrial Automation and Renewable Energy.
1. Industrial Automation -- This core segment delivered an 8.9% YoY revenue increase, driven by a 5.4% growth in China and an 18.3% surge in Southeast Asia.
ISDN' s growth drivers are fueled by the rising adoption of Industry 4.0, AI, and the Internet of Things.
Mr. Teo highlighted this demand, noting, " Because of all these environments we need industrial automation software, hardware and the hottest thing right now is AI" .
Reflecting on the broader market shift, he noted in the company' s earnings release: " FY2025 reflects the underlying structural demand for industrial automation across our core markets. As manufacturers in China and Southeast Asia continue to upgrade capabilities, automation, robotics and AI-enabled solutions are becoming increasingly essential to productivity and competitiveness" .
Having strategically invested in talent during the recent downcycle, the company is now primed for returns. " We have already built up a pool of software and hardware engineers," Mr. Teo stated, " It' s about time that we expand our market reach and harvest from the market" .
On a side note,
Managing Director Teo Cher Koon emphasized
that both the semiconductor equipment and data-center markets are identified by management as primary growth drivers for ISDN in the coming years.
A. Semiconductor Backend Equipment: The backend semiconductor equipment sector is expected to " move very fast" and deliver " promising outcomes" . The semiconductor sector currently contributes a substantial 25% to 30% to revenue. ISDN continues to actively participate in the semiconductor backend equipment market across both Southeast Asia and China.
B. Data Centers: Although the data center market does not currently contribute much, ISDN is focusing on this highly promising industry. ISDN is actively growing its business and already is providing software solutions and platforms to help major operators manage their data centers more efficiently.
Along with smart warehouses, these areas are viewed as the primary verticals where ISDN sees its growth trajectory heading.
2. Renewable Energy -- Serving as a reliable generator of cash-rich, recurring earnings, the renewable energy segment saw its revenue more than double to S$58.9 million in FY2025.
While ISDN currently operates three mini-hydropower plants in Indonesia, its primary growth driver is capacity expansion.
Two additional mini hydropower plants are scheduled for completion in 2026, increasing total power output by +81%, adding more recurring earnings for the Group.
This expansion secures a much larger, sustainable recurring income base for ISDN for decades to come.
Some Q& A at FY25 results briefing
Q: When is ISDN planning to spin off the hydro plants?
Mr Teo: I' ve just hired a financial guy who has a lot of experience in M& A and in the financial markets, especially in infrastructure. So he' s coming on board in March 2026 and he will help us to strategize it, structure it so that we can spin it off, you know, at the right time.
Q: Will the energy crisis improve the valuation of ISDN' s hydro plants?
Mr Teo: Valuation should improve because as gas and petroleum become more expensive, hydropower becomes an even more affordable and attractive alternative.
Q: How is ISDN' s order book so far and for the next six months?
Mr Teo: We are quite happy the order book is actually at least 20-30% higher than the past. We have been seeing this order book for the past few months, since last November.
This forum chat group has the price indication on top while other group missing ,can highlight to admin to link price ?
ysh2006 ( Date: 24-Apr-2026 19:49) Posted:
|
The chart point to uptrend , if AI and robotic business the SS think are profitable than we might see it continue this trend..
Let's see if it can break 545 in jun 2023....
48c +6.5c +15.66% today so far