RHB Group Research’s Jarick Seet has downgraded his rating on Singapore’s technology sector from “overweight” to “neutral”, saying that he is “selectively positive” on the sector.  Seet is of the view that the semiconductor industry – which did well in FY2020 – should contin...

The decline of the Straits Times Index (STI) in late January 2021, after briefly flirting around the 3,000 mark, is “not the beginning of the end,” say DBS Group Research analysts Yeo Kee Yan, Janice Chua and Chung Wei Le. Instead, the analysts, led by Yeo, see the decline as a “healthy correc...

The upcoming rollout of Covid-19 vaccines here will accelerate the rebound of small- and mid -cap stocks (SMC) and they are expected to catch up with larger caps on attractive valuations, says DBS Group Research analyst Ling Lee Keng in a Jan 5 note.  The hospitality and retail sectors, in part...

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...

Just like how Venture Corporation dominated this industry sector for the Billion Dollar Club, AEM Holdings similarly held sway in the Centurion Club. It is being ranked top for returns to shareholders and for weighted return on equity, and is overall sector winner. Valuetronics Holdings’ win in gr...

With a viable Covid-19 vaccine seemingly just around the corner, global investors are increasingly switching out of growth plays towards value stocks. Despite signs of optimism in market laggards, UOB KayHian analyst Adrian Loh urges investors to buy into blue chips with strong financials and divide...

Analysts from DBS Group Research, Maybank Kim Eng, and RHB Group Research are still pessimistic over Valuetronics, despite its 1HFY2021 earnings coming in above their expectations.  Valuetronics recorded a profit after tax and minority interests (PATMI) of HK$91.5 million ($29.85 million), a dr...

VALUETRONICS Holdings on Wednesday posted a 12.1 per cent drop in net profit to HK$91.5 million (S$15.9 million) for the six months ended Sept 30, 2020, from HK$104.1 million a year ago.

THE following companies saw new developments that may affect trading of their shares on Wednesday:

Valuetronics Holdings reported earnings of HK$91.5 million ($15.9million) for the 1HFY2021 ended Sept 30, 12.1% lower than earnings of HK$104.1 million posted in the corresponding period the year before. This came on the back of a 19.9% decline in 1HFY2021 revenue of HK$1.09 billion from HK$1.37 bil...