01-07-2014, 06:31 PM
AMFraser also join in the rank of recommending Vakuetronics, with a target price of S$0.69!
"We initiate coverage on Valuetronics with a high conviction BUY rating with a DCF‐based price target of S$0.69 (upside of 73%). Valuetronics is an integrated electronics manufacturing service (EMS) provider based in Hong Kong, with manufacturing facili?es in Guangdong, China. Unloved by the market over the last few years, Valuetronics has demonstrated that it is rising back from the ashes. Right now it is still trading at valuation levels associated with its darkest hours; this should not be the case in our view"
http://www.remisiers.org/cms_images/rese...g_Buzz.pdf
"We initiate coverage on Valuetronics with a high conviction BUY rating with a DCF‐based price target of S$0.69 (upside of 73%). Valuetronics is an integrated electronics manufacturing service (EMS) provider based in Hong Kong, with manufacturing facili?es in Guangdong, China. Unloved by the market over the last few years, Valuetronics has demonstrated that it is rising back from the ashes. Right now it is still trading at valuation levels associated with its darkest hours; this should not be the case in our view"
http://www.remisiers.org/cms_images/rese...g_Buzz.pdf