Posted by vw_investments > 2017-06-21 14:44 | Report Abuse

We scoured the Singapore small-cap space and discovered this net cash company with decent fundamentals. Global Invacom (SGX: QS9) is a worldwide leader in satellite broadcast solutions, utilising its 61 patented (with another 53 pending) technology in manufacturing satellite dishes. The products are used by telecoms, media, aviation and defense industries. Why is the company interesting now? 1) Full year earnings to reverse last year's loss, translating into dividends for shareholders 2) Net cash company that may boost net earnings should it pare down its debt. As of the latest financial quarter 1Q17, the company has USD 6.3m in debt, but sits on USD7.6m cash. Average interest expense of 8.3%, or USD0.5m can be saved should it deleverage. This interest saving represents approximately 1% increase in dividend yield. 3) Well-positioned to.. vpmsingapore.wordpress.com