Valuetronics

NetLink NBN Trust, Singtel among UOB's top alpha picks for Feb
SINGAPORE (Feb 8): UOB Kay Hian is maintaining its “buy” call on NetLink NBN Trust considering its dominant market share of 90% and 34% for residential and non-residential fibre connections, respectively, where growth is projected at a three-year CAGR of 6.2%-8.5% for FY18-21. In a Friday report, analyst Jonathan Koh highlights NetLink’s current relationship with TPG Telecom as the ...
Venture Corp the safest bet amid tech sector volatility, says Maybank
SINGAPORE (Jan 8): Maybank Kim Eng remains “neutral” on Singapore’s technology sector while lowering its target prices across the relevant stocks under its coverage. This comes after the research house cut its earnings forecasts to factor in heightened macro uncertainties, as well as higher cost of equity due to increased volatility within the sector. In a Monday report, Maybank ...
Why Valuetronics is UOB's only 'buy' pick among small-cap manufacturers
SINGAPORE (Nov 27): UOB Kay Hian is naming Valuetronics as its top pick among the small-cap manufacturing companies under its coverage. This comes after Sunningdale and Memtech missed the research house’s net profit forecasts over the 3Q18 earnings reporting season. Both have been rated “hold” with $1.50 and 91-cent price targets, respectively. Valuetronics was the only exception, ...
Automotive products to drive Valuetronics' growth
SINGAPORE (May 30): Analysts are staying positive on Valuetronics Holdings on the back of its Industrial and commercial electronics (ICE) and automotive segments, which are expected to continue to drive growth in FY19. This comes after Valuetronics on May 25 announced that its FY18 earnings were 32.9% higher at HK$204.7 million ($35.1 million), compared to HK$154.1 million in FY17. Revenue ...
Valuetronics’ fundamentals remain intact despite selldown
SINGAPORE (Apr 30): RHB maintains Valuetronics still presents a “buy” despite its recent selldown, saying its fundamentals remain intact, especially its Industrial & Commercial Electronics (ICE) and automotive segments. Since Valuetronics’ Dutch MNC customer -- said to be Phillips -- reported a 1Q18 ended Sept earnings miss due to weak sales at its home lighting division, ...
Valuetronics started at 'buy' by Maybank on rising demand for home IOT and car connectivity products
SINGAPORE (Mar 23): Maybank Kim Eng is starting coverage of Valuetronics at "buy" given the stock is on the cusp of a spectacular lift-off. Maybank says this is due to rising demand for home IOT and car connectivity through a certain smart-lighting customer and Aptiv, the self-driving and connected car tech company. Valuetronics also boasts robust customer relationships, strong and agile ...
Valuetronics announces record 2Q earnings of $8.9 mil on higher revenue; declares 7 HK cents dividend
SINGAPORE (Nov 9): Electronics manufacturer Valuetronics Holdings posted record earnings of HK$50.8 million ($8.9 million) for 2Q18, up 33.5% from HK$38.1 million a year ago on higher revenue. Group revenue grew 26.5% to HK$725.7 million over the quarter from HK$573.7 million a year ago on higher contributions from both Consumer Electronics (CE) and Industrial & Commercial Electronics ...
What next for Valuetronics after 1Q results beat?
SINGAPORE (Sept 28): CIMB Research is reiterating its “add” call Valuetronics for its three-year EPS CAGR of 15.3%, 4.4% dividend yield and undemanding valuation of 10.4x CY18 earnings. “We expect the robust sales momentum to sustain after the 1QFY18 results beat, underpinned by double-digit revenue growth in wireless light bulbs, transaction printers and automotive connectivity ...
Valuetronics kept at ‘hold’ by RHB with more projects to be launched
SINGAPORE (Aug 16): RHB is maintaining its “hold” call on Valuetronics with 93 cents target price as the integrated electronic manufacturing services provider has been qualified by another automaker. This means there would be more projects scheduled to be launched later this year that involve its industrial and commercial electronics (ICE) segment. “This, coupled with the ...
New wireless gadgets helping Valuetronics register revenue growth
SINGAPORE (Aug 11): Maybank Kim Eng is crediting new products like wireless smart bulbs and in-vehicle wireless modules for turning Valuetronics around. Valuetronics provides design capabilities and manufacturing flexibility to provide electronic manufacturing services (EMS) solutions for varying complexities and produce mixes. In the past three years, revenue have swung back to y-o-y ...