Hi-P International

Broker's Calls

CGS-CIMB initiates coverage of Hi-P on ‘hold’ as M&As act as potential growth engine

CGS-CIMB has initiated a “hold” rating and target price of $1.23 for Hi-P International, believing its strong balance sheet will support mergers and acquisitions (M&A) that could drive growth f

Broker's Calls

No hype over Hi-P’s drop in 1H earnings

Analysts are keeping a rather bearish stance on Hi-P International following its announcement of a 3.3% y-o-y drop in 1H20 earnings to $24.2 million from $25.0 million in 1H19. 

Results

Hi-P posts 3.3% dip in 1H20 earnings to $24.2 mil

Hi-P International reported a 3.3% dip in earnings for 1H20 ended June to $24.2 million, from $25.0 million a year ago.

THE-EDGE-SINGAPORE-3 tech stocks to cash in on and 2 to sell as Covid-19 outbreak drags on: Maybank

Broker's Calls

3 tech stocks to cash in on and 2 to sell as Covid-19 outbreak drags on: Maybank

SINGAPORE (Apr 20): As more people shift to remote working and communications amid the Covid-19 pandemic, the technology sector is poised to reap attractive rewards.  

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

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