Elec & Eltek Int Co

[cyclone]

Positive Profit Alert of the Results for the First Quarter of 2017

Elec & Eltek International Company Limited wishes to inform shareholders of the company and potential investors that, subject to the finalisation of its unaudited consolidated financial results for the first quarter ended 31 March 2017 (“2017 First Quarter”) the Group is expected to record a significant increase of not less than 170% in net profit for the 2017 First Quarter, as compared to the first quarter ended 31 March 2016.

The major factors attributable to the increase in net profit in 2017 First Quarter include, inter alia,
(i) the increased sales proportion of higher profit margin products arising from an adjustment in product mix allocation; and
(ii) the increased profit margin of laminates manufactured and sold by the Group, as compared to the corresponding period in 2016.

[opmi]

Positive Profit Alert of the Results for the First Quarter of 2017

Elec & Eltek International Company Limited wishes to inform shareholders of the company and potential investors that, subject to the finalisation of its unaudited consolidated financial results for the first quarter ended 31 March 2017 (“2017 First Quarter”) the Group is expected to record a significant increase of not less than 170% in net profit for the 2017 First Quarter, as compared to the first quarter ended 31 March 2016.

The major factors attributable to the increase in net profit in 2017 First Quarter include, inter alia,
(i) the increased sales proportion of higher profit margin products arising from an adjustment in product mix allocation; and
(ii) the increased profit margin of laminates manufactured and sold by the Group, as compared to the corresponding period in 2016.

See how they treat the KBCF OPMIs........

[swn]

Positive Profit Alert of the Results for the First Quarter of 2017

Elec & Eltek International Company Limited wishes to inform shareholders of the company and potential investors that, subject to the finalisation of its unaudited consolidated financial results for the first quarter ended 31 March 2017 (“2017 First Quarter”) the Group is expected to record a significant increase of not less than 170% in net profit for the 2017 First Quarter, as compared to the first quarter ended 31 March 2016.

The major factors attributable to the increase in net profit in 2017 First Quarter include, inter alia,
(i) the increased sales proportion of higher profit margin products arising from an adjustment in product mix allocation; and
(ii) the increased profit margin of laminates manufactured and sold by the Group, as compared to the corresponding period in 2016.

Actual profit for the 1st quarter of 2017 was US$ 8.9m (net profit attributable to owners of company), up 196%, net asset per share US$2.06 against market price of US$1.39. I don't know what to say!

[soros]

Don't know what to say ? -

Current price at $1.39 is below NAV and falls within the range of value investing .

[cyclone]

Positive Profit Alert of the Results for the Six Months ended 30 June 2017

Elec & Eltek International Company Limited announced that, subject to the finalisation of its unaudited consolidated financial results for the six months ended 30 June 2017 (the "Current Period"), the Group is expected to record a significant increase of not less than 250% in net profit attributable to owners of the Company for the Current Period, as compared to the six months ended 30 June 2016.

The major factors attributable to the increase in net profit attributable to owners of the Company in the Current Period include, inter alia,
1. the increased sales proportion of higher profit margin products arising from an adjustment in product mix allocation;
2. the increased profit margin of laminates manufactured and sold by the Group, as compared to the corresponding period in 2016 and
3. the absence of provision for impairment of the Group’s plant and equipment in Yangzhou, as compared to provision for such impairment in the amount of US$5.0 million in the corresponding period in 2016.

[crabcrab]

Positive Profit Alert of the Results for the Six Months ended 30 June 2017

Elec & Eltek International Company Limited announced that, subject to the finalisation of its unaudited consolidated financial results for the six months ended 30 June 2017 (the "Current Period"), the Group is expected to record a significant increase of not less than 250% in net profit attributable to owners of the Company for the Current Period, as compared to the six months ended 30 June 2016.

The major factors attributable to the increase in net profit attributable to owners of the Company in the Current Period include, inter alia,
1. the increased sales proportion of higher profit margin products arising from an adjustment in product mix allocation;
2. the increased profit margin of laminates manufactured and sold by the Group, as compared to the corresponding period in 2016 and
3. the absence of provision for impairment of the Group’s plant and equipment in Yangzhou, as compared to provision for such impairment in the amount of US$5.0 million in the corresponding period in 2016.

Elec & Eltek Intl Co ($1.59) - Hv noticed that its share price surge up whenever positive profit guidance is issued for last 3 quarters. Given the current positive economic environment and the recovery of the tech sector, this company with NAV of US$2.06 is likely to issue another positive profit soon for this quarter soon.

For reference 
Positive Profit Guidance issued on:

1) 20 Jan 2017 (Fri)
2) 09 Apr 2017 (Sun)
3) 17 Jul 2017 (Mon)
4) ??? (Will the next positive profit guidance, if hv, be issued within these few days?)

Likely of anyone guess. Good Luck! 😊 (Caveat Emptor)

[crabcrab]

Elec and Eltek ($1.58) - Although there is no positive profit guidance issued this time, this company seems to be continue with its strong profit momentum in the third quarter 17. Q3 result has just been released:-

http://infopub.sgx.com/FileOpen/Elec_3QC...eID=477944

[bmann025]

If approx. 100% dividend payout ratio is continued, this stock is well on track for >10% dividend yield.

http://www.aastocks.com/en/stocks/analys...mbol=01151

[bmann025]

Anyone noticed the different prices recently paid in HK and Singapore?

[bmann025]

Any reason why this stock is currently trading 20% higher in HK than in Singapore?