HOLI - Hollysys Automation Technologies, Ltd. Message Board

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Technology Stocks : HOLI - Hollysys Automation Technologies, Ltd.

HOLI 26.42

0.0%

Jul 26 4:00 PM EDT

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From: FHM	11/12/2009 1:15:50 AM
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ER out: finance.yahoo.com revs were up 2.4%, and net income excluding one-time non-cash option expense was up 7.9%. R&D was up significantly, but this resulted in some important milestones as underscored in the PR. Cash on hand grew to $130.6MM, and the pipeline stands at $187.5MM. Most importantly, FY 2010 guidance was reaffirmed and HOLI is poised to expand its contract wins in the highest margin segments: high speed rail, subway signaling and nuclear. I think the stock will be just fine. the market is forward-looking, and the reiteration of FY 2010 guidance is what is most important. we'll see soon enough how the market reacts to the ER.

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