Hi-P International

SINGAPORE (Aug 2): DBS Vickers Securities is maintaining “hold” on Hi-P International with a lower price target of $1.21 compared to $1.80 previously, after cutting FY18F and FY19F earnings by 23% and 29% respectively to account for lower margins.

SINGAPORE (May 4): Maybank Kim Eng Research has downgraded Hi-P International to “hold” and slashed its target price by more than 40% to $1.45 after the electronics manufacturer negatively revised its guidance on multiple emerging headwinds.

SINGAPORE (May 2): Hi-P International, the contract manufacturer of smart phones, tablet computers and other consumer electronics, saw its earnings grow 20.0% to $10.1 million for the 1Q ended March, from $8.4 million a year ago.

SINGAPORE (Feb 13): Hi-P International reported 4Q17 earnings more than doubled to $59.6 million compared to $28.5 million in 4Q16.

SINGAPORE (Dec 21): Maybank Kim Eng Research is initiating coverage on electronics manufacturer Hi-P International with a “buy” recommendation and a target price of $2.11.

SINGAPORE (Dec 20): In 2015, Yao Hsiao Tung was 75 and looking to slow down. He’d begun seeking his successor as chief executive officer of Hi-P International Ltd., a contract manufacturer for customers including Apple Inc. and Amazon.com Inc. But an an

SINGAPORE (Nov 8): DBS Vickers Securities is reiterating its “buy” call on Hi-P International with a higher target price of $2.30  from $1.67 previously after applying a 10% premium to peers’ P/E of 14 times on FY18F earnings projections.

SINGAPORE (Nov 6): Hi-P International saw its earnings jump 24.9% to $38.4 million for the 3Q ended September, from $30.7 million a year ago, on the back of an improved product mix and greater operational efficiency.

SINGAPORE (Aug 3): Consumer electronics manufacturer Hi-P International saw its earnings double to $15.1 million for the 2Q17 ended June, from $7.6 million a year ago.

SINGAPORE (July 12): Hi-P International, the electronics manufacturer in the telecommunications, lifestyle, computing and automotive industries, has put the “ghosts of Yota” behind it – possibly for good – in Maybank Kim Eng’s view.