Shares & Derivatives
Avi-Tech Electronics (CT1.SI) – Is Quick Profit Possible?
By The Secret Investors  •  January 8, 2015
In my post on My SG Portfolio 2014 and Some Recent Picks, I’ve mentioned that one of my event-driven picks for 2015 is Avi-Tech Electronics. I think price then was about S$0.074 and I’ve accumulated since November at an average price including costs of S$0.699. There are some interesting comments in the post (you should read it here) and I thought that probably it’s good to write a short article about my analysis. Avi-Tech Electronics is listed on the SGX and is a provider for Burn-in, engineering and manufacturing services in the semi-conductor & electronics industry. In 2011, It ventured into the Imaging Equipment and Energy Efficient Products by starting 2 subsidiaries to ‘diversify and substantiate long-term growth’ for the company. Guess what happened in the end: since 2011, the company began incurring losses largely due to these same subsidiaries and management has finally decided to ......
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By The Secret Investors
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