UOB Kay Hian analysts John Cheong and Clement Ho have maintained their “buy” call on Aztech Global, but with a lowered target price of $1.55 from $1.70 previously. The lower target price is pegged to an unchanged FY2022 earnings of 13.3 times, which is still pegged to Aztech’s Singapore peers�...

Over the last few weeks, as most market players sat back and took a breather for the year-end festive season, a surprisingly big crop of IPO aspirants and their professional advisers were putting together the final touches for their market debut. In the last two weeks of 2021, four companies lodged ...

Analysts are maintaining bullish end-2022 targets, even as the Omicron variant is the latest hurdle to the market’s eventful recovery journey. Meanwhile, will the much-heralded Spac framework carry the IPO momentum forward? Singapore may have seen multiple months of lockdowns and fewer IPOs in 202...

Maybank Kim Eng’s Lai Gene Lih is of the view that investors still should remain “postive” on the Singapore tech sector, but advises them to be selective in the stocks they choose. He has given most companies in the sector a “buy” rating, like AEM, UMS, Frencken and Aztech Global. However,...

The pace of new listings, which was largely staid for the better part of the year, has picked up as 2021 draws to a close, and the industry is looking forward to the momentum being carried forward into the new year. “It is hoped that the new framework on Special Purpose Acquisition Companies (Spac...

DBS Group Research is of the opinion that Valuetronics is halfway there in its turnaround story, but other analysts think it may be living on a prayer. Maybank Kim Eng has downgraded Valuetronics to a “sell” rating from a “hold”, joining CGS-CIMB, who has a “reduce” rating on the stock. ...

Analysts from UOB Kay Hian and Maybank Kim Eng have both lowered their target prices on Aztech Global, but have maintained their “buy” calls despite the company missing expectations for its 3QFY2021 results. UOB KH’s John Cheong and Clement Ho adjusted their target price from $1.86 to $1.70, w...

HIGHER demand for Internet of Things (IoT) and data-communication products helped tech products manufacturer Aztech Global's 9-month (9M) net profit rise 55.4 per cent year on year to S$47.4 million.

HIGHER demand for Internet of Things (IoT) and data-communication products helped tech products manufacturer Aztech Global's nine-month net profit rise 55.4 per cent year on year to S$47.4 million.

The Muns, controlling shareholders of Aztech Global, have raised their stake in the company as its share price dipped to a post-listing low. Aztech Global was listed on March 2020 at $1.28. It surged to as high as $1.43 last April before the share price retreated to as low as $1.01 on Sept 20. On ...