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Global Invacom poised to return to profitability

Benjamin Cher
Benjamin Cher11/14/2016 12:25 PM GMT+08  • 2 min read
Global Invacom poised to return to profitability
SINGAPORE (Nov 14): RHB is maintaining its “buy” call on Global Invacom with a target price of 25 cents after the satellite comms equipment provider reversed back into the black in 3Q.
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SINGAPORE (Nov 14): RHB is maintaining its “buy” call on Global Invacom with a target price of 25 cents after the satellite comms equipment provider reversed back into the black in 3Q.

Analyst Jarick Seet says Global Invacom is poised to bounce back into profitability in FY17, with higher margins and volumes from its new generation of products.

Echostar, one of Global Invacom’s largest customers, has approved its Eastern Arc Twin Generation 2 Hybrid product which uses Digital Channel Stacking System (DCSS) technology.

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