KUALA LUMPUR: Affin Research has maintained its Buy call on Inari Amertron with a target price of RM3.33, after rolling forward its valuation horizon into CY15, based on an unchanged PE target of 15 times on fully diluted CY15 EPS, it said on Wednesday.
Affin said prior to Inari’s acquisition in June 2013, Amertron’s FY12-FY13 revenues at its Philippines operation were RM270mil and RM225mil respectively
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