<div class=newsTextDataWrapInner><p><strong>Comintel Corporation Bhd (+ve)</strong><br />
COMINTEL (Fundamental: 0.35/3, Valuation: 1.2/3) manufactures electronic components, provides telecommunication and systems integration solutions as well as testing and repair maintenance for the defence industry.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The company has been in the red since FYJan2010, except for FY2013 where it made a net profit of RM3.46 million, due to stronger demand from manufacturing. Manufacturing accounted for 93% of total revenue in FY2014. This segment caters wholly to export, predominantly to North American markets.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>For 9MFY2015, Comintel recorded a net loss of RM1.97 million, due to net loss of RM6.26 million for its telecommunication and systems integration segment.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In November last year, Comintel completed a Sale and Leaseback agreement with AmanahRaya REIT on a freehold land in Bandar Glenmarie, Selangor, for total cash consideration of RM30 million. This will improve its net debt position, which totaled some RM40 million at end-October 2014. Gearing stood at nearly 43%.</p></div>

<div class=newsTextDataWrapInner><p><img alt="comintel_250315" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/comintel_250315.png" style="height:675px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on March 25, 2015.</p></div>


Comintel Corporation Bhd (+ve)
COMINTEL (Fundamental: 0.35/3, Valuation: 1.2/3) manufactures electronic components, provides telecommunication and systems integration solutions as well as testing and repair maintenance for the defence industry. 

The company ...

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