eastgate technology ltd (EAST:Singapore)
eastgate technology ltd (EAST) Snapshot
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Open
$0.04
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Previous Close
$0.04
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Day High
$0.04
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Day Low
$0.04
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52 Week High
02/27/13 - $0.05
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52 Week Low
06/5/12 - $0.03
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Market Cap
41.9M
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Average Volume 10 Days
735.3K
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EPS TTM
$-0.0012
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Shares Outstanding
1.2B
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EX-Date
02/23/12
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
eastgate technology ltd (EAST) Related Businessweek News
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Eastgate Technology Ltd., an investment holding company, engages in the manufacture and trade of fasteners and precision components in Singapore, Indonesia, Malaysia, the People’s Republic of China, and the United States. It is involved in the provision of standard, industrial, and customized fasteners, as well as custom-made parts; and assembly of precision manufacturing machines and modules. The company also engages in the import, export, and marketing of building materials and hardware; and rents premises. In addition, it operates a retail shop. The company serves small and medium enterprises; and customers in the machine manufacturing and assembly, automation assembly, electronic assembly, metal stamping, construction building, shipyard, and aerospace aviation industries. Eastgate Technology Ltd. was founded in 1989 and is headquartered in Singapore.
eastgate technology ltd (EAST) Key Developments
Eastgate Technology Ltd. reported group earnings results for the six months ended February 28, 2013. For the period, the company reported revenue of SGD 16.64 million compared to SGD 17.46 million a year ago. Profit before income tax was SGD 0.661 million compared to loss before income tax of SGD 0.541 million a year ago. Total comprehensive income for the financial year was SGD 0.317 million compared to total comprehensive loss for the financial year of SGD 0.142 million a year ago. Profit for the financial year attributable to owners of the parent was SGD 0.161 million or 0.0134 cents per fully diluted share, compared to total comprehensive loss for the financial year attributable to owners of the parent of SGD 0.825 million or 0.0690 cents per fully diluted share, a year ago. Net cash used in operating activities was SGD 0.346 million compared to SGD 1.241 million a year ago. Purchases of property, plant & equipment was SGD 1.22 million compared to SGD 0.523 million a year ago.
Eastgate Technology Ltd. announced the retirement of Saw Meng Tee as Independent Director, effective December 27, 2012.
Eastgate Technology Ltd. reported audited earnings results for the year ended August 31, 2012. The Board of Directors of the company informed that subsequent to the full year results released on 30 October 2012, audit adjustments were made to the audited consolidated Statement of Comprehensive Income, Statements of Financial Position and Consolidated statement of cash flows for the financial year ended 31 August 2012, resulting in the amendment to loss attributable to owners of the parent of SGD 2,075,000. The company as announced earlier loss attributable to owners of the parent of SGD 1,671,000 and current year adjustment of SGD 404,000.
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| EAST:SP | $0.04 SGD | 0.00 | |
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Industry Analysis
EAST
Industry Average
| Valuation | EAST | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.1x |
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| Price/Book | 1.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.5x |
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