Home Capital Broker's Calls

This niche contract manufacturer is the latest to catch CIMB’s attention

Michelle Zhu
Michelle Zhu9/8/2016 11:22 AM GMT+08  • 2 min read
This niche contract manufacturer is the latest to catch CIMB’s attention
SINGAPORE (Sept 8): CIMB Research is initiating coverage of CEI Limited at “add” with a target price of $1.04, with expectations that its medical technology (medtech) and life science business will drive revenue growth of 5% over the FY17-18 forecast
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Sept 8): CIMB Research is initiating coverage of CEI Limited at “add” with a target price of $1.04, with expectations that its medical technology (medtech) and life science business will drive revenue growth of 5% over the FY17-18 forecast period.

Formerly known as CEI Contract Manufacturing, CEI is a niche contract manufacturer of printed circuit board assembly (PCBA), box build and equipment. The company focuses on low-volume, high-mix manufacturing services and derives about half of its revenue from the medtech and life science sector.

Its customers’ products are mainly used for chromatographs, analysers and atomic absorption, and are typically deployed in the fields of drug discovery, materials research, food safety control and forensics, among others.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now