Monday, May 5, 2014

Nera Telecommunications

I have added NeraTel today at $0.73 after it announced XD. Prices have retreated from the recent high of $0.845.

NeraTel is a premier solutions provider of telecommunications equipment and services. With its strong regional presence in Southeast Asia and extensive product offerings, NeraTel is poised to benefit from the increased demand for networking equipment due to sustained penetration of smartphones. NeraTel serves as a good proxy to Telcos as telecom operators will have to raise their capex to enhance the capacity and speed of their networks.

Dividend yield for FY13 was >8% ($0.06 DPS) based on last done price of $0.735. Even with DPS of $0.04, NeraTel's yield is a consistent >5%

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