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UOB Kay Hian starts InnoTek at 'buy' on exposure to China’s auto market and high TV demand

Felicia Tan
Felicia Tan • 3 min read
UOB Kay Hian starts InnoTek at 'buy' on exposure to China’s auto market and high TV demand
InnoTek is currently trading at 6.3x 2021F PE (ex-cash PE of 2.5x), which is unjustified based on several factors: UOB analysts.
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