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Brokers' Take

Published Thu, Nov 20, 2014 · 09:50 PM

Hi-P International | BUY

Nov 20 close: S$0.67

Target price: S$0.87

OSK-DMG Research, Nov 20

GIVEN its robust pipeline of projects, supported by the ramping up of Xiaomi - the world's third-largest mobile phone maker - and the upcoming worldwide launch of YotaPhone 2, we believe Hi-P is poised for a turnaround and reinstate our bullish view of a record Q4FY14. With a new factory in place to accommodate a shift in its product mix from plastic to metal components, we believe the…

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