Sunningdale Tech

Broker's Calls

Will laggards in the tech manufacturing sector become leaders this year?

SINGAPORE (Jan 10): Research house CIMB says the seven small-cap tech manufacturing stocks under its coverage delivered an average return of 162% in 2017.

Broker's Calls

Sunningdale Tech continues to face challenges as foreign exchange rates remain volatile

SINGAPORE (Nov 9): CIMB is maintaining its “add” call on Sunningdale Tech with a lowered target price of $2.79.

Results

Sunningdale's 3Q earnings fall 24.2% to $7.7 mil on forex losses, higher expenses

SINGAPORE (Nov 8): Sunningdale Tech announced that 3Q17 earnings decreased 24.2% to $7.7 million from $10.2 million in 3Q16 on forex losses and higher expenses.
Sunningdale Tech

Broker's Calls

Sunningdale Tech to shine through dark clouds

SINGAPORE (Oct 30): CIMB Research is keeping its “add” recommendation on Sunningdale Tech with a 31% higher target price of $2.86 despite expectations that it will continue to face challenging conditions ahead.

Broker's Calls

Does Sunningdale deserve to trade at a discount?

SINGAPORE (Oct 2): NRA Capital likes Sunningdale Tech, the precisions plastic components manufacturer, as the stock is trading at a discount of “attractive multiples” compared to its peers.

Broker's Calls

Sunningdale Tech kept at ‘buy’ by DBS as earnings more than double

SINGAPORE (Aug 4): DBS Vickers is maintaining its “buy” recommendation on Sunningdale Tech given 2Q17 earnings more than doubled y-o-y.

Results

Sunningdale 2Q earnings more than double to $8.2 mil

SINGAPORE (Aug 2): Sunningdale Tech announced 2Q17 earnings rose 115% to $8.2 million from $3.8 million in 2Q16.

GIC appoints Koh Boon Hwee as director of board from Aug 14

SINGAPORE (Aug 1): Singapore sovereign wealth fund GIC has announced Koh Boon Hwee, a member of the GIC Investment Board since Jan 2016, as the director of the GIC Board with effect from Aug 14.

Broker's Calls

Sunningdale Tech growth to be driven by automotive segment, says Maybank

SINGAPORE (July 19): Precision plastics engineering firm Sunningdale Tech could see FY17 growth driven by its automotive business segment, according to Maybank Kim Eng Research.

Broker's Calls

Positive outlook keeps Singapore’s tech manufacturing services sector ‘overweight’

SINGAPORE (July 5): CIMB is keeping its “overweight” rating on Singapore’s tech manufacturing services sector as it remains positive on most of the industry’s stocks under its coverage.
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