Rokko: +3.3% at $0.155. The semiconductor eqpt maker said FY10 net profit +142% yoy to $4.3m. Revenue hit $42.6 m, +44.3% as momentum, which had begun in 2H09 from pent-up demand continued. Mgt says demand this year is expected to be sustained underpinned by growth in smart phone shipments and new mobile phone devices...
On Dec 31, the group proposed to buy 100% interest in Jade Precision Engrg, which specialises in lead frame manufacturing for the semiconductor industry, for $8m, subject to sh/h approval. The group will continue to make invmts, particularly in R&D.
Final div of 0.5cts, on top of the 0.5cts interim div paid in Sep ’10. This translates to a historical yield of 6.5%.
Stock trades at 5.6x P/E, vs larger peers UMS at 6.9x, Hisaka at 8x.
No comments:
Post a Comment