ISDN

$ISDN(I07.SG)

Context: After hitting a high of 0.805, it experienced a sell down and seems to have now settled into trading sideways between 0.66 and 0.68. This is quite a common pattern for this stock due to its lower float. Fundamentally, the business is doing well with a strong order book so I don’t mind holding this for a longer time. It just needs a catalyst to get the price going up again. MA100 is around 0.66/0.67. If it breaks through this, the next support is 0.64.

My Trade: Waiting for an attractive price to average down.

Takeaway: Buy stocks that have good fundamentals.

$ISDN(I07.SG)

Context: After reporting solid double digit growth in profits and a strong order book, the trading volume has been increasing for the past 6 days and KDJ is 81 near overbought levels in the daily chart. On the weekly chart, a cup appears to be forming which is a bullish sign.

My Trade: No change for now

Takeaway: The company has good earnings and is worth holding but the price can be volatile.

$ISDN(I07.SG)ISDN reported impressive earnings for the first half of FY2026. Earnings rose more than 700% to $10.4m compared to last year. The main revenue generator was industrial automation which accounted for 93.9% of the total revenue. 71.3% of the revenue was from China. In contrast, the renewable energy business saw a decline of 52.1% yoy as the 2 new mini-hydropower plants nearing completion in Indonesia contributed lower construction income. Overall, the group’s gross profit increased by 24.9% yoy to $63.1m. The order book for industrial automation has grown by more than 100% due to end markets such as AI application and data centers.

$ISDN(I07.SG) 0.62 has indeed held as a support level for ISDN, with the price bouncing rather quickly after hitting that figure. KDJ is 20.543, indicating it is oversold. It will be interesting to see if it can continue to run higher to 0.73 or if it will stay within a range.

$ISDN(I07.SG)This stock came to my attention when it surged 16% on 21 Jun because SAC Capital released a report with a target price of 0.97. However the big green candle couldn’t hold for more than a day as investors started selling to take profit. It dropped 13.2% from 0.755 over the next three days before rebounding from 0.655 to 0.68. This is a small-cap stock with 59.8% free float so the price is more volatile. In the daily chart, 0.655 is the first support followed by 0.62. In the weekly chart, 0.62 is a strong support.