Singapore Stock Market News

Amtek Engineering Limited - Improving steadily

StockFanatic
Publish date: Mon, 11 Nov 2013, 06:45 PM
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• 1Q14 results in line, formed 26% of FY14F earnings

• New customers and product wins led the recovery while automation helped contain costs

• Management cautiously optimistic; further re-rating dependent on stronger pick up

• Maintain HOLD and S$0.48 TP
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