Nera Telecom / Addvalue Technologies: Note that STE Limited, a subsidiary of ST
Engineering has proposed the acquisition of Nera Telecommunications at a price of $0.45. The announcement quotes the acquisition cost as 5.06x P/NTA.
CIMB recommends don’t jump into Radiance Group’s shares though as the company is currently involved in reverse takeover. Other company with satellite related business is Addvalue Technologies which trades at a historical P/NTA of 10x.
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