Globetronics Technology; Buy; RM2.93
Price Target: RM3.50 (Prev 3.50); GTB MK
Scaling new heights
Roadshow indicates strong interest in Group. Key catalysts: TCXO capacity expansion and potentially >75% payout of FY13 NI. Valuation attractive at 11-13x FY14-15F EPS, supported by 6-7% net yield and 23-24% ROE. Maintain BUY with RM3.50 TP.
Source: HwangDBS Research - 8 Oct 2013
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Created by kltrader | Jan 03, 2023
Created by kltrader | Sep 30, 2022