27-04-2015, 09:18 PM
share price rallied on strong volume today is most probably due to RHB initiating with TP of S$0.31. (financial model built on DCF)
accordingly to analyst' s report, company is trading at 1.8x FY15 ex-cash P/E and has a high potential dividend yield of 8-9%.
the strong FY2015' s performance is attributed to the production capacity resolved (and to be doubled) with CDW' s recent CNY10mil investment in Suzhou Pengfu Photoelectric Technology Co. Ltd.
Key risks for the company are customer concentration (one customer contributed 70% of its FY2014 revenue) and ongoing supply of key components.
accordingly to analyst' s report, company is trading at 1.8x FY15 ex-cash P/E and has a high potential dividend yield of 8-9%.
the strong FY2015' s performance is attributed to the production capacity resolved (and to be doubled) with CDW' s recent CNY10mil investment in Suzhou Pengfu Photoelectric Technology Co. Ltd.
Key risks for the company are customer concentration (one customer contributed 70% of its FY2014 revenue) and ongoing supply of key components.