Memtech International

Results

Memtech reports 16.3% fall in 1Q earnings to $1.7 mil on lower margins and bigger forex losses

SINGAPORE (Apr 25): Memtech International, the components solution provider, reported a 16.3% y-o-y decline in 1Q18 earnings to US$1.3 million ($1.7 million) on lower margins and bigger forex losses.

Broker's Calls

CIMB optimistic on Memtech as it moves to the beat of customers

SINGAPORE (Mar 7): CIMB is optimistic on Memtech International projects from new customers like Tesla, Beats and Bose giving earnings a boost.

Broker's Calls

Decent 4Q performance expected of Memtech on shiny new projects

SINGAPORE (Feb 9): UOB Kay Hian is maintaining its “buy” call on Memtech International with a target price of $1.43.

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.

Solid earnings, but portfolio slips as sentiment weakens

(Nov 20): This past week of the earnings season has brought positive news for some of the property and tech companies in our Singapore Market Portfolio. One of our holdings in the mining space continues to face headwinds, but is building new capabilities.

Results

Memtech's 3Q earnings up 26.5% to $5.3 mil

SINGAPORE (Nov 9): Memtech International announced that its 3Q17 earnings increased 26.5% to US$3.90 million ($5.31 million) compared to US$3.08 million in 3Q16.

Portfolio turns in mostly positive earnings surprises in last quarter

(Sept 4): Our Singapore Market Portfolio rose 0.67% over the week from Aug 22 to 29, against a 0.44% fall in the Straits Times Index. Now that all the companies in our portfolio have reported their earnings for the quarter to June, we have decided to revi

Broker's Calls

Expect an even stronger 2H for Memtech, says CIMB

SINGAPORE (Aug 11): CIMB is keeping its “add” rating on Memtech International after the global components solution provider yesterday reported earnings of US$4.9 million ($6.7 million) for the second quarter ended June, reversing from its loss positio

Results

Memtech back in the black with 2Q earnings of US$4.9 mil on higher revenue

SINGAPORE (Aug 10): Memtech International, the global components solution provider, reported earnings of US$4.9 million ($6.7 million) for 2Q17, reversing from the loss of US$1.4 million posted in the same period a year ago.

Broker's Calls

This stock could gain should Tesla make further inroads into China

SINGAPORE (July 6): OCBC says Memtech International stands as a direct beneficiary should electric vehicle manufacturer Tesla make further inroads into the China market.
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