Beats

SINGAPORE (Nov 13): CIMB says Memtech has had a turbo-charged 3Q17 with core net profit of US$4.2 million ($5.7 million) coming in above its expectations. 9M17 core net profit also formed 81% of the research house's full-year forecast.

SINGAPORE (Aug 17): UOB Kay Hian has upgraded its FTSE Straits Times Index (FSSTI) target forecasts up to 3,410 from 3,250 previously on “pockets of solid outperformances”  in the 2Q17 financial reporting season, which concluded this week.  

SINGAPORE (Nov 15): OCBC Investment Research is upgrading its call on Memtech International from “hold” to “buy” while raising its fair value from 48 cents to 76 cents, with the view that current price levels are looking attractive.

SINGAPORE (Aug 18): OCBC Investment Research is keeping Memtech International on “hold” with a marginally lower fair value estimate of 48 cents, from 50 cents previously, following 2Q results that were below expectations.