ELSOFT, ELSOFT (0090) - ELSOFT- TA Maintain buy call with TP of RM3.75 [Goreng Goreng]

We raise our TP for Elsoft to RM3.75/share upon raising our PE multiple to
25.0x (from 22.0x previously). This is premised on prospects of the group
potentially benefitting from growing interest by manufacturers to set up
operations in countries like Malaysia following the escalation in trade tensions
between the USA and China. Apart from this, we continue to like Elsoft for
its research and development capabilities, relevant product offerings, rich
margins and robust balance sheet. Reiterate Buy. Key risks include single
customer/product risk and lack of recurring business.

Ooi Kok Hwa: Bull market in stocks has years to run

Ooi Kak Hwa: The share market will be extremely bullish!

Goreng Goreng Goreng.....

RHB: Elsoft have and indicative fair value of RM4.15- RM4.63 [Goreng Goreng]

Elsoft Research Bhd - A Laggard in ATE Space

ELSOFT- TA Maintain buy call with TP of RM3.75 [Goreng Goreng]

Elsoft expects to end financial year with record high shipments [Goreng Goreng]

Elsoft to ship more test equipment in first half-year [Goreng Goreng]

2017’s exports were mainly driven by E&E products grew RM1.7bil to RM28.7bil [Goreng Goreng]

North American semi equipment industry posts strong December billings [Goreng Goreng]

Riding Malaysia’s export heroes [Goreng Goreng]

Global semicon sales up 21.5% to US$37.7b in November [Goreng Goreng]

Global semicon sales up 21.9% y-o-y in October to US$37.1 billion, says SIA [Goreng Goreng]

http://klse.i3investor.com/blogs/elsoft_go_up/170443.jsp