Cheung Woh Technologies

[brattzz]

Director Law kicks off share buybacks at 15 lots at 14cts.

[BlueKelah]

Director Law kicks off share buybacks at 15 lots at 14cts.

Privatisation of a company in a dying industry end of story...

[psolhawk]

Many HDD related companies have or are intending to delist (Adampak, Armstrong in SGX, Eng Teknologi in Bursa). Cheung Woh is an attractive candidate given its strong family holding. and pardon me for my optimism, but I do not believe that HDD industry is a sunset one. Cloud computing requires tonnes of cheap storage space and SSD is not going to be able to meet the requirements for that anytime soon.

[CY09]

Just curious who are Cheung Woh main customers and what percentage do each contribute to the HDD segments topline ?

[brattzz]

"10 A commentary at the date of the announcement of the significant trends or competitive
conditions of the industry in which the group operates and any known factors or events that
may affect the group in the next reporting period and the next 12 months
The HDD components segment expects improving demands from customers. The Precision Metal
Stamping components segment is expected to do well.
Barring any unforeseen circumstances, the Board of Directors expects the Group’s performance to
improve in the financial year ending 28 February 2014."

[port]

branching into property development in malaysia.

[brattzz]

har...? CW giving up on manufacturings liao? :O

[mkmk]

Second Quarter Results * Financial Statement And Related Announcement

http://infopub.sgx.com/FileOpen/CheungWo...eID=258863

Not vested.



1 thing I would like to consult the experienced forummers, under Page 11:

For 2QFY14, the statement of comprehensive income of Suzhou Tysan Steel Co., Ltd (TS) has not been consolidated to that of the Group as it was disposed off in the third quarter of FY2013. For a more meaningful analysis of financial performance of the Group for both financial periods ended 31 Aug, 2QFY13 and 1HFY13 statement of comprehensive income have been adjusted to reflect the Group’s consolidated financial performance without TS:

Is it really more meaningful to exclude Tysan's financial performance? So that it will be an apple to apple comparison?

[brattzz]

DIVIDEND
Ex.Date: 03 Jul 2014
SGD 0.002 ONE-TIER TAX

nearly forgotten about this little co.!

"The HDD components business segment is expected to do better.
The Precision Metal Stamping component segment is expected to continue to do well.
Barring any unforeseen circumstances, the Board of Directors expects the Group’s performance to
improve in the next financial year."

[psolhawk]

Cheung Woh Q1 results http://infopub.sgx.com/FileOpen/1Q2015Re...eID=305045

Doing much better, EPS for Q1 at 0.75cents. NAV rose by 0.46 cents to 30.43cents. FCF going steady, cash increased by a million bucks. I do expect its PE to appear much lower for this coming financial year, at this price, will be around PE 5?

Commentary:
"Both the HDD components and Precision Metal Stamping components segments are expected to
do well. Barring any unforeseen circumstances, the Board of Directors expects the Group’s performance to
improve in the financial year ending 28 February 2015."