Insight Provider, CrossASEAN Research

Nicolas Van Broekhoven

Insight Provider

Value-focused bottom-up Asian equity research

NVB Asia Pte Ltd

Equity Bottom-Up

<ul><li><a href="https://www.smartkarma.com/entities/19907" target="_blank" data-smartkarma-citation="entities:19907:1">Isdn Holdings Ltd (ISDN SP)</a> is a Singapore domiciled engineering solutions group</li><li>Erratic track record of profits since 2005 IPO on SGX</li><li>Share price peaked in 2013 at 1.42 SGD, recently trading at 0.25 SGD </li><li>New era of growth set to come from 1) factory automation in China and 2) infrastructure related to OBOR</li><li>In order to achieve its Chinese ambitions the company got secondary listing in HK as <a href="https://www.smartkarma.com/entities/24250" target="_blank" data-smartkarma-citation="entities:24250:1">ISDN Holdings Limited (1656 HK)</a></li><li>Recent management meeting highlights high degree of optimism on doubling profit by 2019</li><li>Fair Value: 0.385 SGD, or 54% upside from current share price</li></ul>

Isdn Holdings Ltd (ISDN SP) is a Singapore domiciled engineering solutions groupErratic track record of profits since 2005 IPO on SGXShare price peaked in 2013 at 1.42 SGD, recently trading at 0.25 SGD New era of growth set to come from 1) factory automation in China and 2) infrastructure related to OBORIn order to achieve its Chinese ambitions the company got secondary listing in HK as ISDN Holdings Limited (1656 HK)Recent management meeting highlights high degree of optimism on doubling profit by 2019Fair Value: 0.385 SGD, or 54% upside from current share price

Discover Singapore: ISDN Holdings; Trading at 0.7x Book & 4x EV/EBITDA. Can Profits Double by '19?

Singapore

ISDN Holdings Limited is a mechatronics engineering group providing solutions to its motion control and industrial computing customers.  The Company provides design, customization, assembly, installation, and after sales support.

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ISDN Holdings (ISDN SP)

Discover Singapore: ISDN Holdings; Trading at 0.7x Book & 4x EV/EBITDA. Can Profits Double by '19?

Isdn Holdings Ltd (ISDN SP) is a Singapore domiciled engineering solutions group Erratic track record of profits since 2005 IPO on SGX Share...

Nicolas Van Broekhoven

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)