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,...

RHB Group Research has kept its “sell” rating for Valuetronics with a lower target price of 51 cents compared to 55 cents previously following a “weak” 1HFY2022 ended September performance. In a Nov 17 research note, analyst Jarick Seet points out that Valuetronics’ 1HFY2022 gross profit...

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. ...

MAYBANK Kim Eng (Maybank KE) has downgraded its call on Valuetronics from "hold" to "sell" with a lower target price of S$0.50 compared to S$0.60 previously.

VALUETRONICS, an electronic manufacturing service provider, on Wednesday (Nov 10) posted a 38.1 per cent drop in net profit for the first half ended Sep 30.

THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 10):

Mainboard-listed Valuetronics Holdings have reported earnings of HK$56.6 million ($9.8 million) for the 1HFY2022 ended September, 38.1% lower than earnings of HK$91.5 million in the same period the year before. Accordingly, earnings per share (EPS) for the half-year period fell 38.1% y-o-y to 13.0 H...

VALUETRONICS, an electronic manufacturing service provider, on Wednesday (Nov 10) posted a 38.1 per cent drop in net profit for the first half ended Sep 30.

Maybank Kim Eng analyst Lai Gene Lih is remaining “positive” on the Singapore technology sector on the back of the robust end-demand for chips. To this end, he has indicated that he continues to prefer beneficiaries of chip shortages such as UMS, Frencken and AEM over contract manufacturers with...

Maybank Kim Eng’s Lai Gene Lih is optimistic about Singapore’s tech manufacturing sector despite the global chip shortage. Lai maintains his “positive” rating on the sector, saying that he prefers companies with wafer front end (WFE) exposure, as these are beneficiaries of current chip short...