He sees the group’s strong 9M momentum to sustain well into 4Q as China’s PMI has remained high, translating to more demand for ISDN’s motion control products and solutions amid a robust manufacturing environment.
SINGAPORE (Feb 20): NRA Capital and UOB Kay Hian are maintaining their “overweight” and “buy” ratings on ISDN Holdings, respectively, with expectations of strong 4Q17 results from the integrated engineering solutions provider on the back of favourable macro conditions.
In a Tuesday report, NRA Capital analyst Liu Jinshu says he continues to like the stock for its steady financial performance, prospect of higher dividends and its strong balance sheet.
