Nam Lee Pressed Metal Industries

The company is keeping its full year dividend at 2 cents per share

As of March 31, its net asset value (NAV) was 62.07 cents per share

SINGAPORE (Dec 3): Phillip Capital is ceasing coverage on Nam Lee Pressed Metal Industries due to a “re-allocation of internal resources”.

SINGAPORE (Nov 28): Nam Lee Pressed Metal Industries reported FY18 earnings of $12 million, 17.6% higher compared to FY17.

SINGAPORE (May 7): Phillip Capital continues to rate Nam Lee Pressed Metal Industries at “buy” with an unchanged target price of 56 cents, which represents an implied 11.9 times FY18E forward P/E multiple and 0.97 times FY18E forward P/B multiple.

SINGAPORE (May 4): Nam Lee Pressed Metal Industries announced a 2.8% rise in 1H18 earnings to $5.54 million from $5.42 million in 1H17.

SINGAPORE (Feb 12): Nam Lee Pressed Metal Industries on Friday announced that its 1Q18 earnings increased 26.3% to $4.03 million compared to $3.19 million in 1Q17 as the research house likes its positive business outlook, strong balance sheet and high yie

SINGAPORE (Nov 29): Phillip Capital is maintaining its “buy” on Nam Lee Pressed Metal Industries with a higher target price of 56 cents, saying the designer, manufacturer and supplier of metal products is an attractive yield play.

SINGAPORE (Feb 13): Nam Lee Pressed Metal Industries posts earnings of $3.2 million in 1Q, down 4.5% from $3.4 million registered in the same period a year ago.