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Hi all,
I bought 3000 share of Global Testing not long ago but due to the Share Consolidation
Stock Name AYN 100Qty SGD 1.53
Stock Name AYP 50Qty SGD 0.00
Can some one explain ? Is my share worth only $1.53 per share or i need to purchase another 50Qty to make it 200Qty ?
I using standard Charted to trade
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Isnt the main ticker AYN and the closing price for 27 May at S$1.32? How was $1.015 derived?
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(27-05-2015, 10:39 PM)newyorkcityboy Wrote: Isnt the main ticker AYN and the closing price for 27 May at S$1.32? How was $1.015 derived?
There is an odd lot counter (AYO) with 1 unit share.
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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This is a terrible business. Even though the testers have depreciated it cannot generate a lot of profit. You must not forget that at the heart of all the systems is a computer. The computers are subjected to obsolescence. So they need to continually invest in new capex in order to bring in more business. There is no IP on top of it so no competitive advantage. Definitely stay away or you might as well punt on 4d to give you better odds.
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(28-05-2015, 03:03 PM)Tune Wrote: This is a terrible business. Even though the testers have depreciated it cannot generate a lot of profit. You must not forget that at the heart of all the systems is a computer. The computers are subjected to obsolescence. So they need to continually invest in new capex in order to bring in more business. There is no IP on top of it so no competitive advantage. Definitely stay away or you might as well punt on 4d to give you better odds.
This article was published slightly more than one year ago and it talked about free testers with software subscription................
(not vested)
SEMICON West Preview: Test
Test sector changes with maturing IC industry, including free testers with software subscription, payment by PayPal, design standards for board-level security.
JUNE 19TH, 2014 - BY: PAULA DOE
http://semiengineering.com/semicon-west-preview-test/
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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Business is good for vendors of test and inspection/metrology equipment
By Jeff Dorsch, Contributing Editor
http://electroiq.com/blog/2015/07/busine...equipment/
(not vested)
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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This is a highly illiquid counter with only about 35.4 m shares outstanding after the recent shares consolidation exercise.
The Group seemed to have paid little or no income tax on its profit yet, even though it has been profitable. What doesn’t seem clear to me is how much of unutilised tax losses and capital allowance that the Group still has available for offsetting against future profits?
_________________________________________________________________________________________________________________________________________
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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The Company has generated substantial FCF over the past few years and repurchased a large chunk of its share float. I believe one of the rationale behind the recent corporate restructuring was to eliminate the accumulated losses hence enabling it to pay a dividend. It is likely this will be as high yielding as UMS assuming no sharp changes in revenue or capex.
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.