RHB Research - Global Invacom has received approval for the supply of its new generation of Low Noise Block products from its largest customer, Echostar. They are also the only one of two suppliers for this new generation of products to the customer. We are of view that this would be a key breakthrough in terms of earnings for the company given better margins and volumes, especially in FY17F. Maintain Conviction BUY with a PE based TP of SGD0.28, 67%
Maybe you should read previous posts by teeth53 to assess how zhun his comments are on an overall basis.
So those vested should start selling???
Is on the top volume list...not bad
Buyers will get stuck buying on the high side.
On profit taking after hitting pass 0.196 cents
0.18 liao. looks like second bull run for the month coming.
Profit Taking...Will run further..
See this report by RHB.
3Q to serve as Global Invacom&rsquo s earnings inflection point: RHB
By Michelle Zhu / theedgemarkets.com.sg | October 20, 2016 : 10:43 AM MYT
Translated by Google Translator:
Select Language
SINGAPORE (Oct 20): RHB is reiterating its &ldquo buy&rdquo call on Global Invacom Group with an unchanged target price of 28 cents, on positive expectations of its upcoming 3Q16 earnings results.
(See also: Global Invacom results well received by RHB)
The satellite communications equipment provider recently received approval to supply its new generation of Low Block Noise (LNB) products from its largest customer, Echostar Corporation &ndash specifically the Generation 2 Hybrid (EA Twin Gen II) system.
In a Thursday report, analyst Jarick Seet says this marks a significant achievement for the company, confirming it as a &ldquo leading supplier of the latest satellite communications technology&rdquo .
Seet is also optimistic that 3Q16 will be an earnings inflection point for the company, and their earnings turnaround should be further validated by this approval. Going forward, he expects earnings to recover to its previous FY13-14 levels.
&ldquo As Global Invacom is one of the only two suppliers for this new generation of products to Echostar, we believe that the company would benefit more from this replacement cycle compared to previously where there were four suppliers instead of two,&rdquo Seet asserts.
&ldquo We expect volumes to increase once this product is rolled out in November 2016. In addition, margins would usually be much higher for new models as compared to the current version that the company is supplying.&rdquo
(See also: Global Invacom swings into the red in FY15)
Additionally, the analyst thinks the company is likely to benefit from the launch of its new satellite, Jupiter 2, by end 2016.
&ldquo Assuming no earnings drag from one-off costs, we expect Global Invacom to bounce back into profitability in FY16F, with the bulk of the earnings rebound to be seen in 2H16,&rdquo he concludes.
As at 9:45am, shares of Global Invacom are trading 0.76% higher at 13.3 cents.
See this report by RHB.
3Q to serve as Global Invacom&rsquo s earnings inflection point: RHB
By Michelle Zhu / theedgemarkets.com.sg | October 20, 2016 : 10:43 AM MYT
Translated by Google Translator:
SINGAPORE (Oct 20): RHB is reiterating its &ldquo buy&rdquo call on Global Invacom Group with an unchanged target price of 28 cents, on positive expectations of its upcoming 3Q16 earnings results.
(See also: Global Invacom results well received by RHB)
The satellite communications equipment provider recently received approval to supply its new generation of Low Block Noise (LNB) products from its largest customer, Echostar Corporation &ndash specifically the Generation 2 Hybrid (EA Twin Gen II) system.
In a Thursday report, analyst Jarick Seet says this marks a significant achievement for the company, confirming it as a &ldquo leading supplier of the latest satellite communications technology&rdquo .
Seet is also optimistic that 3Q16 will be an earnings inflection point for the company, and their earnings turnaround should be further validated by this approval. Going forward, he expects earnings to recover to its previous FY13-14 levels.
&ldquo As Global Invacom is one of the only two suppliers for this new generation of products to Echostar, we believe that the company would benefit more from this replacement cycle compared to previously where there were four suppliers instead of two,&rdquo Seet asserts.
&ldquo We expect volumes to increase once this product is rolled out in November 2016. In addition, margins would usually be much higher for new models as compared to the current version that the company is supplying.&rdquo
(See also: Global Invacom swings into the red in FY15)
Additionally, the analyst thinks the company is likely to benefit from the launch of its new satellite, Jupiter 2, by end 2016.
&ldquo Assuming no earnings drag from one-off costs, we expect Global Invacom to bounce back into profitability in FY16F, with the bulk of the earnings rebound to be seen in 2H16,&rdquo he concludes.
As at 9:45am, shares of Global Invacom are trading 0.76% higher at 13.3 cents.
Powerful. Stuck jackpot with production agreement.
Power! Are the conditions there at this moment?
0.3 is only first stage. In previous time, its breakout hit 0.5 from 0.1+ in 1 month
0.3 is only first stage. In previous time, its breakout hit 0.5 from 0.1+ in 1 month
Break through wall 0.18 and all the way. Their new technology is unrivalled at this current time
3Q to serve as Global Invacom&rsquo s earnings inflection point: RHB
By Michelle Zhu / theedgemarkets.com.sg | October 20, 2016 : 10:43 AM MYT
Select Language ▼ SINGAPORE (Oct 20): RHB is reiterating its &ldquo buy&rdquo call on Global Invacom Group with an unchanged target price of 28 cents, on positive expectations of its upcoming 3Q16 earnings results.
(See also: Global Invacom results well received by RHB)
The satellite communications equipment provider recently received approval to supply its new generation of Low Block Noise (LNB) products from its largest customer, Echostar Corporation &ndash specifically the Generation 2 Hybrid (EA Twin Gen II) system.
In a Thursday report, analyst Jarick Seet says this marks a significant achievement for the company, confirming it as a &ldquo leading supplier of the latest satellite communications technology&rdquo .
Seet is also optimistic that 3Q16 will be an earnings inflection point for the company, and their earnings turnaround should be further validated by this approval. Going forward, he expects earnings to recover to its previous FY13-14 levels.
&ldquo As Global Invacom is one of the only two suppliers for this new generation of products to Echostar, we believe that the company would benefit more from this replacement cycle compared to previously where there were four suppliers instead of two,&rdquo Seet asserts.
&ldquo We expect volumes to increase once this product is rolled out in November 2016. In addition, margins would usually be much higher for new models as compared to the current version that the company is supplying.&rdquo
(See also: Global Invacom swings into the red in FY15)
Additionally, the analyst thinks the company is likely to benefit from the launch of its new satellite, Jupiter 2, by end 2016.
&ldquo Assuming no earnings drag from one-off costs, we expect Global Invacom to bounce back into profitability in FY16F, with the bulk of the earnings rebound to be seen in 2H16,&rdquo he concludes.
As at 9:45am, shares of Global Invacom are trading 0.76% higher at 13.3 cents.
0.18 liao. looks like second bull run for the month coming.
