Maybank Kim Eng Research has taken a renewed liking for electronics and manufacturing services provider, Valuetronics.
"We believe value has emerged following a 22% share price correction in Value’s share price since it announced its FY2020 results,” says analyst Lai Gene Lih in a September 29 note.
“We believe a key risk is we may have underestimated the rate of earnings decline in FY21E, or overestimated the rate of recovery in future years,” she adds.