Hi-P International

Broker's Calls

Supply chain disruptions, increasing price competition entail challenging outlook for Hi-P: Maybank

SINGAPORE (Feb 18): Maybank Kim Eng Research is reiterating its “sell” call on Hi-P International, and has slashed its target price to $1.00, representing a 22% downside for the stock. 

Results

Hi-P's 4Q earnings halved to $22.4 mil amid price pressure, lower sales volume

SINGAPORE (Feb 13): Mainboard-listed contract manufacturer Hi-P International saw its earnings for 4QFY2019 ended December plunge 50% to $22.4 million from $44.8 million in the previous year. 

Company in the news

Dyson scraps electric vehicle plans; questions raised over Hi-P's access to 'Customer D' via SEAMCO acquisition

SINGAPORE (Oct 11): Dyson, better known for its vacuum cleaners before unveiling a bold plan to make electric vehicles, has spiked its EV project.

Broker's Calls

Maybank upgrades Hi-P to 'hold' as recent SEAMCO acquisition opens doors to 'blue chip customer'

SINGAPORE (Oct 10): Maybank Kim Eng Research is bullish on Hi-P International, after the Mainboard-listed contract manufacturer’s recent acquisition opened doors for “immediate access to

M&A

Hi-P to acquire engineering plastic components manufacturer SEAMCO for up to $42.5 mil

SINGAPORE (Oct 9): Hi-P International’s subsidiary, Hi-P Holdings, has signed a conditional agreement to acquire 100% of the issued shares in the capital of South East Asia Moulding Company (SEAMCO

Results

Hi-P posts 16.9% rise in 2Q earnings to $14.4 mil on higher margins

SINGAPORE (Aug 1): Hi-P International reported a 16.9% increase in earnings to $14.4 million for the 2Q19 ended June, from $12.3 million a year ago, on the back of higher profit margins.

Broker's Calls

Hi-P upgraded to 'hold' as Maybank KimEng awaits lower entry point and better earnings clarity

SINGAPORE (June 12): The ongoing US-China trade war has effected some of Singapore’s tech stocks. One of which is Hi-P International, according to Maybank Kim Eng.

Broker's Calls

Analysts have conflicting views on Hi-P with competition expected to increase in near-term

SINGAPORE (May 6): Analysts seem to have a conflicting outlook on Hi-P International, following the group’s latest results announcement.

Broker's Calls

Maybank KE cuts Hi-P to 'sell' after share price run-up

SINGAPORE (April 9): Maybank Kim Eng is downgrading its call on Hi-P International to “sell” from “hold” previously with an unchanged price target of $1.22, which is based on 1.5 times FY19E price-

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