M&A什么意思？是说有收购可能吗？
Armstrong Industrial +5.9%; Renewed M&A chatter
Tuesday, 17 August 2010 15:59
Armstrong Industrial (A14.SG) +5.9% at 5-week high of $0.45 in active trade, says Dow Jones.
Traders attribute interest to renewed speculation over major shareholder, chairman Gilbert Ong’s 38% stake in company. Maker of consumer electronic components, rubber vehicle parts disclosed in June Ong has been approached by third party expressing interest to buy stake in company.
No update given since then.
Current strong interest follows release of 2Q10 results last week, with net profit more than doubled on-year to $7.1 million on higher sales, margins. Armstrong also proposed $0.02/share interim dividend (none year earlier). “(A) 4.4% yield and possible further dividend surprise for 2H10 could make the wait for any possible M&A worthwhile,” says CIMB, which has Outperform call with $0.55 target. 52-week high of $0.47 tipped as resistance.
2 个回答
冲了，今天47必破....
刚刚455加仓没加到，可恶....