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StockIceMan's Weekly Stock Pick
Week of March 20, 2006


Stock: Actions Semiconductors Co. Ltd
Ticker Symbol: ACTS - Nasdaq - Semiconductors
Buy: 8.50 to 9.25
Sell: 12.00
Info: Actions Semiconductor Co., Ltd., through its subsidiaries, operates as a fabless semiconductor company in the People’s Republic of China. It provides system-on-a-chip products and solutions for the development and manufacture of personal media players. Personal media players are battery-powered, portable consumer electronic devices that capture, store, and play digital media files, such as compressed audio, image, and video files. The company’s products include system-on-a-chips, which are integrated circuits designed to use for both flash memory-based and HDD-based personal media players; solution development kits, which include the embedded firmware code, software, tools and documentation, to develop and produce MP3 players; and system-on-a-chips, solution development kits, and customization documents that include detailed specifications of other required components and providers of those components. It also provides system-on-a-chip products for energy metering products, as well as semiconductor product testing services. The company sells its system-on-a-chip products, and provides system platforms and total solutions through distribution arrangements, as well as through its direct sales force to distributors, contract manufacturers, and to brand owners in the People’s Republic of China and internationally. It sells its system platform solutions to value added distributors. The company has partnerships primarily with Semiconductor Manufacturing International Corporation; HeJian Technology (SuZhou) Co., Ltd.; United Microelectronics Corporation; Siliconware Precision Industries Co., Ltd.; Global Advanced Packaging Technology Limited; and Truly International Holdings, Ltd. Actions Semiconductor Co. was established in 2001 and is headquartered in Zhuhai, the People’s Republic of China.
Financial Info: For the fiscal year ended 12/31/2005, revenues totaled $150.7 million, up from $57.3 million. Net income totaled $73.1 million, up from $26.5 million.
Key Ratios: Current Ratio: 5.43, Total Debt/Equity: 0.018, Trailing P/E: 10.52x, Forward P/E: 10.85x,  Price/Book: 5.52, Price/Sales: 5.11
Share Info: There are 86.00 million shares outstanding with 9.00 million shares in the trading float. Institutions own approximately N/A of the shares outstanding. There have been no insider purchases or sales in the last six months. Real-Time SEC Filings

As of 2/15/2006, there were 28,491 shares short.

Net Institutional Buying:  N/A shares prior to latest quarter.
Articles: Actions Shares Soar Analyst Comments

 
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