Wednesday, April 02, 2014
ECS On Verge of Moving Higher
ECS has a strong balance sheet with RM83.7 million in cash as at 31.12.2013. Its paid-up capital is only RM90 million. The company is predicted to do much better this year than last year. Its new business in mobile devices such as PC tablets and smart phones is bearing fruits. This I think will be reflected in the 1Q2014 earnings which may be reported in the first or second week of next month.
The stock was last traded at RM1.23, but it won't be there for long. I think it will move up pretty fast going forward.
Investing/trading in the stock market is risky, and there is no such thing as a certainty. So please remember this: You always buy at your own risk.