PNE Industries came out with an announcement (PDF) today. The company intends to dispose of their subsidiary PNE Print Technology, which was involved in the manufacturing and sale of pre-sensitized plates. Operations at PNE Print were ceased in November 2014, because it was unable to operate profitably. PNE Industries is negotiating with potential purchasers, but […]
Tag Archives: BDA.SI
PNE Industries sells down stake in PNE PCB Bhd
A quick update on another positive development at PNE Industries. On June 6 the company called an Extraordinary General Meeting to ask shareholders approval for the disposal of the company’s 42.8% shareholding in PNE PCB Bhd: link. This resolution was passed by shareholders on June 25. PNE Industries announced today that is has sold 5.0 […]
Catalysts and PNE Industries update
I like to think I’m aware of some of the biases that hurt investors: hindsight bias, consistency bias, anchoring, etc. Unfortunately being aware of biases doesn’t stop you from experiencing them. Buffett compares investing to shopping for groceries: if you’re going to be a net buyer of groceries and stocks, you want prices to go […]
PNE Industries
PNE Industries (website) is a net-net listed in Singapore. The company has two segments: Contract manufacturing: the manufacturing of electronic controllers, transformers, and other electrical and electronic products Trading: the manufacturing and trading of emergency lighting equipment and lithographic plates, used for off set lithographic printing The latest financial data are from March 31, 2013 […]