Target price for Datapulse had upgraded by analyst.
Datapluse
Analyst said upgrade the rating from "hold" to "buy" and increased Datapulse target price
from $0.21 to $0.22 per shares as analyst expects the CD and DVD maker to benefit from
Microsoft Corp's new product launches on Windows Vista and Xbox 360 games
The analyst research house expects the new products to boost Datapulse's second quarter
to January results and continue the strong performance seen in the first quarter
to October, where Datapulse's net profit grew 64% year-on-year to S$1.5 Millon.
"analyst Expected the earnings momentum should increase in the second quarter of 2007
from the traditional winter seasonal holiday sales ramp and commencement of the
corporate edition of Microsoft Vista and new Xbox 360 games titles," analyst said.
Datapulse is the major beneficiary of Microsoft's sole Xbox DVD
replicator in Asia Pacific outside of Japan. analyst expected the company's year to
July 2007 net profit to grow to S$7.5 Millon from S$6.0 Million previous year.
on the Morning trading Datapulse was up $0.005 or 2.70% at $0.19 on volume of 1.97
million shares.
BACKGROUND
from $0.21 to $0.22 per shares as analyst expects the CD and DVD maker to benefit from
Microsoft Corp's new product launches on Windows Vista and Xbox 360 games
The analyst research house expects the new products to boost Datapulse's second quarter
to January results and continue the strong performance seen in the first quarter
to October, where Datapulse's net profit grew 64% year-on-year to S$1.5 Millon.
"analyst Expected the earnings momentum should increase in the second quarter of 2007
from the traditional winter seasonal holiday sales ramp and commencement of the
corporate edition of Microsoft Vista and new Xbox 360 games titles," analyst said.
Datapulse is the major beneficiary of Microsoft's sole Xbox DVD
replicator in Asia Pacific outside of Japan. analyst expected the company's year to
July 2007 net profit to grow to S$7.5 Millon from S$6.0 Million previous year.
on the Morning trading Datapulse was up $0.005 or 2.70% at $0.19 on volume of 1.97
million shares.
BACKGROUND
The Company was incorporated on 28 July 1980 as Sound Technic, a manufacturer of audio-related products in 1980. In the late 1980s, it switched to the production of micro-floppy diskettes and quickly became the leading manufacturer of micro-floppy diskettes in Singapore. In 1995, the Company then moved on to become a leading provider of compact disc (CD) services. It now offers turnkey solutions to most types of CDs - premastering, mastering, replication, silkscreen making, printing, customised packaging and distribution. It also distributes Quantegy (formerly known as Ampex) professional lines of audio and video tapes. In 2000, it started producing DVDs and it also set up an operation in Taiwan.
