Home Capital Broker's Calls

Valuetronics kept at 'neutral' by RHB on ongoing trade war

PC Lee
PC Lee5/27/2019 12:12 PM GMT+08  • 2 min read
Valuetronics kept at 'neutral' by RHB on ongoing trade war
SINGAPORE (May 27): RHB Research is “neutral” on Valuetronics with lower 67 cents DCF-based target price given the ongoing US-China trade war will hit the latter’s earnings and margin growth.
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 (May 27): RHB Research is “neutral” on Valuetronics with lower 67 cents DCF-based target price given the ongoing US-China trade war will hit the latter’s earnings and margin growth.

As Valuetronics’ factories are all in China, RHB says the ongoing trade war and increase in tariffs will continue to dampen the company’s outlook.


See: Valuetronics posts 3Q earnings up by 2.6% to $10.3 mil despite dip in revenue

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