Monday, 4 April 2011

A-Sonic: FY2010 vs FY2009 Result Comparison

Below is a table comparing the recent annual results. Top line and bottom line have both improved spectacularly. The market, however, is still adopting a cautious approach. The share price is still considered low given that the PE is 3.59 only.

Stock chart has shown a bottoming price pattern and a slow recovery from the lowest point of S$0.045 on 10 Dec 2010. Investors will hope to see the formation of a Cup pattern in the next few weeks.



Disclaimer: All info posted is for reference only and not an inducement to buy or sell shares. You are solely responsible for your own actions.

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