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Valuetronics kept at 'buy' on compelling valuations following trade tension fears

Stanislaus Jude Chan
Stanislaus Jude Chan6/12/2019 03:09 PM GMT+08  • 2 min read
Valuetronics kept at 'buy' on compelling valuations following trade tension fears
SINGAPORE (June 12): Maybank Kim Eng Research is keeping its “buy” recommendation on Valuetronics with an unchanged target price of 99 cents – implying an upside of more than 50% from its current trading price.
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SINGAPORE (June 12): Maybank Kim Eng Research is keeping its “buy” recommendation on Valuetronics with an unchanged target price of 99 cents – implying an upside of more than 50% from its current trading price.

A Hong Kong-based electronics manufacturing services provider with two facilities in China, Valuetronics has found itself caught in the middle of escalating tensions between US and China.

Since late-April, Valuetronics’ share price has fallen some 10%, in part due to the US-China trade war.

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