In a DBS report dated 23 May 2017, analyst Lee Keng Ling wrote that Hi-P which provides one-stop solutions for the wireless (smartphones), computer peripherals and consumer electronics might be a potential takeover target for global players looking to build a base in Asia. The analyst had a target price of $1.07 for Hi-P stock which implies a potential upside of 23% for the stock (based on the stock closing price as of 24 May 2017).
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May 28, 2017 at 05:30AM
from Tom Tom Tom
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