Monday, March 28, 2016

Sunningdale Tech

Sunningdale Tech: The counter has had a phenomenal run since Jan-Feb this year, underpinned by repeated purchases by non-exec & director Koh Boon Hwee, and supported by its stellar FY15 net profit of $42.1m (+52%) driven by increased revenue from more orders.

While valuations have gone up over the past two months, the plastics injection moulding and precision assembly company still trades at a relatively more attractive 4.7x trailing P/E and 0.6x P/B, compared to its closest peer Fu Yu (10.6x P/E; 0.85x P/B).

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