InnoTek

UOB Kay Hian starts InnoTek at 'buy' on exposure to China’s auto market and high TV demand - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian starts InnoTek at 'buy' on exposure to China’s auto market and high TV demand

InnoTek is currently trading at 6.3x 2021F PE (ex-cash PE of 2.5x), which is unjustified based on several factors: UOB analysts.

Broker's Calls

CGS-CIMB reduces Innotek’s earnings per share on higher interest expenses in 1H20

CGS-CIMB Research has lowered their target price for Innotek to 47.8 cents from 57.9 cents due to a weak 1H20 for the company, but still maintained its “add” rating for the stock.

Broker's Calls

CGS-CIMB initiates coverage on Innotek with 'buy' on strong balance sheet, attractive yields

SINGAPORE (June 11): CGS-CIMB Research analyst William Tng has initiated coverage on mainboard-listed precision metal part maker Innotek with an “add” call and target price of 57.9 cents, representing an upside of 52.5% for the stock. 

Results

InnoTek 4Q earnings fall 42% to $2.8 mil on unrealised exchanges losses & higher tax expense

SINGAPORE (Feb 28): Precision metal components manufacturer InnoTek announced earnings of $2.8 million for 4Q17, down 42% from $4.8 million in the same period a year ago on unrealised exchange losses and higher tax expense.

Broker's Calls

Restructuring efforts for this tech manufacturer coming to fruition

SINGAPORE (Jan 10): CIMB Research is highlighting precision metal components manufacturer InnoTek as a potential stock to watch as the group’s financials improve on the back of restructuring efforts in recent years.

Results

InnoTek reports 78% fall in 2Q17 earnings to $0.5 mil

SINGAPORE (Aug 12): InnoTek reported 2Q17 earnings of $0.5 million, $1.8 million lower than the earnings of $2.3 million in 2Q16.
InnoTek

Results

InnoTek swings back to profitability in 3Q

SINGAPORE (Nov 14): Precision metal components manufacturer InnoTek has recorded earnings of $5.0 million in 3Q16, reversing out of a loss of $3.5 million in the same quarter last year.
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