Micro-Mechanics Holdings

Results

Micro-Mechanics FY2021 earnings up 23.3% to $18.1 mil

The company plans to pay a total FY2021 dividend of 14 cents, up from 12 cents for FY2020
PhillipCapital stays 'neutral' on Micro-Mechanics as 3Q21 falls below expectations - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital stays 'neutral' on Micro-Mechanics as 3Q21 falls below expectations

PhillipCapital kept its 'neutral' rating for Micro-Mechanics with a lower target price of $3.02 from $3.35 previously.

Results

Micro-Mechanics 1QFY21 earnings up 42.3% to $4.7 million

The company improved its operating efficiency. Gross profit margin for 1Q was 54.8% up from 53.4% the year earlier.

Broker's Calls

952 Brokers' Digest

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Company in the news

Micro-Mechanics ups dividend on higher earnings, bets on steady demand to ride through Covid-19

SINGAPORE (Feb 21): The semiconductor industry has enjoyed a rebound on the back of the easing of US-China trade tensions, but is yet again threatened with a potential disruption as the ongoing Covid-19 virus outbreak intensifies.

Broker's Calls

Micro-mechanics to experience cyclical slowdown in FY19 but metrics remain attractive

SINGAPORE (Nov 2): Micro-Mechanics reported 1Q18 earnings of $4.51 million, down 12.9% from $5.17 million in 1Q17.

Broker's Calls

'Buy' this tech play for robust growth prospects despite 3Q earnings miss: Phillip Capital

SINGAPORE (May 2): Phillip Capital is upgrading its call on Micro-Mechanics Holdings to “buy” from “accumulate”, albeit with a lower target price of $2.30 compared to $2.50 previously after trimming its earnings forecast by 10% for FY18E.
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