Posted by albertlaw > 2015-02-15 22:29 | Report Abuse

Feb 13): Amtek Engineering ( Financial Dashboard) shares rose to their highest in 10 months on above-average volume as investors cheered the precision engineering firm' s December-quarter results, which got a huge boost from Interplex, a US company it acquired last year. At 12:01pm (0401 GMT), the stock was up 5.6% at 66 cents, just off its morning high of 67 cents, a level previously reached in April last year. " Amtek is yet to fully exploit opportunities to cross-sell products after the acquisition of Interplex," DBS Vickers analyst Sachin Mittal said in a note today. " Interplex has relationships with original equipment manufacturers including brands like Continental, Denso in automotive and Apple in mobile devices. This could spur growth, particularly in the automotive segment. " Furthermore, there is room for cost savings which could boost margins over the next two to three years." Amtek' s earnings for the three months to Dec 31 rose 74% y-o-y to US$11.2 million as revenue jumped 60% to US$263 million. Notably, revenue from the automotive sector swelled 222% to US$67 million. Following the acquisition of Interplex, the automotive sector is now Amtek' s biggest revenue contributor and, according to Mittal, is likely to continue doing well for some time. " Key automotive markets such as the US are expected to see steady growth with better consumer spending and low fuel prices," said Mittal. " Furthermore, the automotive products have longer life cycles which should contribute to stable performance in the segment." Near-term resistance for the share price is seen at its 52-week high of 75 cents set in March last year. hotelgrand ( Date: 15-Feb-2015 20:31) Posted: Still holding some bougfht at 58-61cts level hotelgrand ( Date: 13-Feb-2015 19:40) Posted: Announcement Title Mandatory Cash Dividend/ Distribution Date & Time of Broadcast 13-Feb-2015 18:49:39 Status Replacement Corporate Action Reference SG150212DVCARURO Submitted By (Co./ Ind. Name) Soon Swee Har Jocelin Designation Company Secretary Dividend/ Distribution Number Not Applicable Dividend/ Distribution Type Interim Declared Dividend Rate (Per Share) SGD 0.013 Narrative Type Narrative Text Declaration Details Notice is hereby given that the Share Transfer Books and the Register of Members of the Company will be closed on 27 February 2015. Declaration Details Duly completed registrable transfers received by the Company' s Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. at 50 Raffles Place #32-01 Singapore Land Tower, Singapore 048623, up to 5.00 p.m. on 26 February 2015 will be registered for the dividend. Declaration Details In respect of ordinary shares in securities account with The Central Depository (Pte) Limited (" CDP" ), the dividend will be paid by the Company to CDP which will, in turn, distribute the dividend to holders of the securities accounts. Record Date and Time 26/02/2015 17:00:00 Ex Date 24/02/2015 Payment Type Tax Exempted (1-tier) Gross Rate (Per Share) SGD 0.013 Net Rate (Per Share) SGD 0.013 Pay Date 13/03/2015 Gross Rate Status Actual Rate Dividend Details Event Dates Event Narrative Rate This Post: Useful To Me Not Useful To Me hotelgrand Member 15-Feb-2015 20:31 User is Online About hotelgrand Contact Quote! x 0 x 0 Alert Admin Still holding some bougfht at 58-61cts level hotelgrand ( Date: 13-Feb-2015 19:40) Posted: Announcement Title Mandatory Cash Dividend/ Distribution Date & Time of Broadcast 13-Feb-2015 18:49:39 Status Replacement Corporate Action Reference SG150212DVCARURO Submitted By (Co./ Ind. Name) Soon Swee Har Jocelin Designation Company Secretary Dividend/ Distribution Number Not Applicable Dividend/ Distribution Type Interim Declared Dividend Rate (Per Share) SGD 0.013 Narrative Type Narrative Text Declaration Details Notice is hereby given that the Share Transfer Books and the Register of Members of the Company will be closed on 27 February 2015. Declaration Details Duly completed registrable transfers received by the Company' s Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. at 50 Raffles Place #32-01 Singapore Land Tower, Singapore 048623, up to 5.00 p.m. on 26 February 2015 will be registered for the dividend. Declaration Details In respect of ordinary shares in securities account with The Central Depository (Pte) Limited (" CDP" ), the dividend will be paid by the Company to CDP which will, in turn, distribute the dividend to holders of the securities accounts. Record Date and Time 26/02/2015 17:00:00 Ex Date 24/02/2015 Payment Type Tax Exempted (1-tier) Gross Rate (Per Share) SGD 0.013 Net Rate (Per Share) SGD 0.013 Pay Date 13/03/2015 Gross Rate Status Actual Rate Dividend Details Event Dates Event Narrative