Floating Button
Home Capital Update

Micro-Mechanics gets 'buy' from Phillip for forecast beating 1Q; shares up 8 cents

PC Lee
PC Lee • 2 min read
Micro-Mechanics gets 'buy' from Phillip for forecast beating 1Q; shares up 8 cents
SINGAPORE (Oct 31): Shares in Micro-Mechanics closed 8 cents or 3.9% higher at $2.11 on Tuesday.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Oct 31): Shares in Micro-Mechanics closed 8 cents or 3.9% higher at $2.11 on Tuesday.

In a Tuesday report, Phillip Capital is maintaining its “buy” on Micro-Mechanics Holdings given 1Q revenue and earnings more than doubled its expectations.

“We were modelling revenue and earnings growth of 11% and 24% respectively. 1Q18 growth was more than double the pace we had anticipated,” says analyst Paul Chew.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.