[ET Net News Agency, 10 October 2019] UOB Kay Hian initiated coverage ib Pentamaster International (01665) with a "buy" rating and a target price of HK$2.95.
 

The research house said Pentamaster is a fast-growing automated testing equipment (ATE) and factory automation solutions provider of renowned smart electronic devices brands globally.
 

In the face of the rising prevalence of smart components inside electronic devices,
UOBKH expects demand for Pentamaster's ATE to surge in the next few years. For 2018-21, it forecast Pentamaster's revenue CAGR at 20%. Net profit CAGR is forecasted at 25% as the company will enjoy mild margin expansion on operating leverage and product mix improvement.