Tuesday, December 21, 2010

Rokko

Rokko issues profit outlook. Co expects to record profit of $3.8-4.2m more than 100% increase from FY09’s $1.8m, rev expected +40% yoy at $42.0m. Final dividend to be paid for FY2010. Co is involved in precision engineering, design and manufacture of semiconductor assembly equipment. Last done at $0.16, currently trades at trailing P/E of 13.3x. Co has turned a profit since 1H June 09 but results are not outstanding quarter on quarter.

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