Serial System

Broker's Calls

Serial System spin-off seen as positive

SINGAPORE (May 22): NRA Capital has an “overweight” call on Serial System with a fair value estimate of 24 cents ahead of the proposed spin-off of the group’s Hong Kong and China electronic components distribution business to list on the Hong Kong S

Results

Serial System's 1Q earnings almost double to $6.9 mil

SINGAPORE (Apr 30): Serial System, the distributor of electronic components and consumer products, reported earnings nearly doubled to US$5.2 million ($6.9 million) in 1Q18 compared to US$2.7 million in 1Q17.

Results

Serial System posts 91% lower 4Q earnings of US$0.4 mil

SINGAPORE (Feb 26): Serial System on Saturday announced FY17 earnings of US$9.6 million ($12.6 million), double its full year earnings of US$4.6 million posted a year ago.

Results

Serial System reports 18% drop in 3Q earnings to US$3.1 mil

SINGAPORE (Nov 3): Serial System, the distributor of electronic components and consumer products, reported a 18% drop in 3Q17 earnings to US$3.1 million ($4.2 million), or 0.35 US cent, from US$3.8 million a year ago despite achieving record quarterly rev

Serial System branches into durian business

SINGAPORE (Aug 21): Electronic components and consumer products distributor Serial System on Monday announced it is diversifying into the durian business to provide additional income streams for the group.

Results

Serial System swings back to profitability in 1H

SINGAPORE (Aug 4): Serial System, the distributor of electronic components and consumer products, posted earnings of US$6.1 million ($8.3 million) in 1H17 compared to a loss of US$3.3 million in 1H16 on higher margins and smaller losses from associates.

Serial System plans spinoff of Serial Microelectronics (HK) on Hong Kong bourse

SINGAPORE (June 22): Serial System is planning to spin off its subsidiary Serial Microelectronics (HK) (SMHK) so that it can be listed separately on the Mainboard of the Stock Exchange of Hong Kong.

Results

Serial System swings back into profitability in 1Q with earnings of $3.8 mil

SINGAPORE (April 28): Serial System has announced earnings of US$2.7 million ($3.8 million) for the first quarter ended March 31, reversing from its loss of US$6.6 million in the same period a year ago as losses from associate companies shrank while allow

Stocks To Watch

Transport stocks, GLP, SHS, Serial System, ISR Capital

SINGAPORE (April 6): Here are some stocks that could move the market this Thursday morning.

M&A

Serial System acquires 70% stake in managed print services provider

SINGAPORE (April 5): Serial System is acquiring a 70% stake in Singapore incorporated Print IQ to provide additional income streams for the group with a view to enhancing shareholders’ value over the long term.
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