In my analysis on Avi Tech Electronics (See Avi-Tech Electronics - Is Quick Profit Possible?), I highlighted the reasons both quantitatively and qualitatively, why I feel the company is undervalued and that the various ongoing corporate actions may serve as a catalyst to drive up the price towards its true value. Since my initial post about it on 30 December, the price has risen from S$0.074 to S$0.091 - a reasonable gain of >22% in about one and a half months. My own average price of S$0.699 would mean a 30% gain since around 2-3 months back at November. With the release of the half-yearly results yesterday, this post is just an update about how the story unfolds so far and my intended actions. Much Improved Continuing Operations - Industry or Management Actions?

Table 1: Avi Tech Electronics 1H15 Financial Summary (Continuing Operations)

As seen clearly ......