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Adampak Limited
A manufacturer of labels and adhesives. Adampak Limited is a
manufacturer of high-quality labels, radio frequency identification (RFID) tags,
seals and other die-cut components that mainly serves the electronics
industry. Adampak was listed on the Singapore Exchange during Sep 04 at
S$0.20/shr.
Macro environment not as positive as before. In its latest forecast, market research firm IDC said that PC shipments in the 3Q were slightly below its expectations as the difficult economic environment had accelerated towards the end of the 3Q. Worldwide PC shipments had increased 15.8% YoY to 80.1m units, just barely behind the group’s forecast of 15.9%.
Target S$0.180
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