automotive

SINGAPORE (March 28): RHB  Research is maintaining its positive view on Yoma Strategic as “the best proxy to invest in Myanmar” and continues to rate the counter at “buy” with a target price of 78 cents, despite the group posting a 98.7% decline

NEW YORK (March 16): Dozens of US cities are willing to buy US$10 billion ($14 billion) of electric cars and trucks to show skeptical automakers there’s demand for low-emission vehicles, just as President Donald Trump seeks to review pollution standards

SINGAPORE (Nov 8): UOB KayHian and CIMB are sticking to their “add” calls for Valuetronics as they expect the group to continue riding the Internet of Things (IoT) megatrend in the consumer electronics (CE) segment and take on more automotive projects

SINGAPORE (Oct 7): Maybank Kim Eng is reiterating its “buy” call on Innovalues, the customised machined parts and components manufacturer for the automotive and office automation industries, with an unchanged price target of $1.15.

SINGAPORE (Sept 21): Fu Yu Corporation says its revenue decline over the past three years will see a reversal by early FY17, after bottoming out in FY16.