KUALA LUMPUR: Affin Research has maintained its Buy on MPI with a target price of RM6.25 for its strong quarterly results, based on an unchanged PE target of 14 times CY14 EPS.
In a note on Tuesday, Affin said it likes MPI’s deliberate shift into the fast and growing smartphone and tablet segment, which is bearing fruit.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!