RHB Group Research’s Jarick Seet has maintained his “neutral” call on Avi-Tech Electronics after it saw a 41.7% drop in profit after tax & minority interests (PATMI) in its FY2020 ending June 30. In a Aug 25 report, Seet gave an unchanged target price of 42 cents, saying that the drop was ...

RHB’s Jarick Seet has downgraded Avi-Tech from “buy” to "neutral" with a lowered target price of 42 cents from his previous target price of 52 cents.  Seet highlighted that as supply chain disruptions have caused a global shortage of auto chips, he expects this to impact Avi-Tech Electron...

CGS-CIMB analyst William Tng says he is “positive” on the outlook for the tech sector in 2021. This, he says, is due to the acceleration of digitalisation of many work processes during the Covid-19 pandemic, which has led to higher demand for IT-related infrastructure. “At the same time, there...

CGS-CIMB analysts William Tng and Caleb Pang have maintained their “add” rating on burn-in testing specialist Avi-Tech Electronics, as they roll their valuation on the counter to FY21. The analysts have also raised their target price to 49.2 cents on the counter, up from their previous target pr...

Rising global optimism about a coronavirus treatment is prompting a top Singapore analyst to take a bullish view of pandemic-hit small stocks in the city-state. Newsflow related to the development of a vaccine can stoke long bets on Covid losers, according to Jarick Seet, who was ranked by the Asiam...

SINGAPORE (July 7): RHB Group Research is keeping its “buy” recommendation on Avi-Tech Electronics with an unchanged target price of 50 cents. The stock is also one of the research house’s top “buy” picks within the semiconductor sector. See: RHB is bullish on the semiconductor industry In...

SINGAPORE (July 3): RHB Group Research is keeping its “overweight” rating on the technology sector as the semiconductor industry is expected to see a recovery. Sustained capital equipment spending and the global memory rebound can be expected for 2H20, too. In a Friday report, lead analyst Jaric...

SINGAPORE (Jun 2): Burn-in testing specialist Avi-Tech is going places as it hitches a ride on rising demands for its services on the back of emerging technologies such as autonomous driving. CGS-CIMB has initiated coverage on the counter with an “add” or “buy” recommendation and at a target...

SINGAPORE (Feb 20): Market watchers believe Avi-Tech Electronics is going places, as the burn-in tester hitches a ride on rising demand for its services on the back of emerging technologies such as autonomous driving. UOB Kay Hian has initiated coverage on Avi-Tech with a “buy” recommendation a...

SINGAPORE (Dec 24): With the US and China Phase One trade deal now looking likely, market watchers are saying the signing could benefit the manufacturing and technology sectors. RHB analyst Jarick Seet says the semiconductor industry, in particular, is poised for a turnaround as the re-rating of li...