Hi-P

Hi-P - from TA point of view, looks bearish after hitting the high of $2.79 on 16th Mar 2018, it has seen retreated and went down to touch $2.13 today before settle down at $2.17.
 

The current price of $2.17 has fallen below the 20 & 50 MA.

Today selling down accompany with quite a high volume does not bode well at this moment.
 Likely to see further weakness and may likely go down to test $2.00 with extension to $1.86. NaaV of 0.654. ePS of 15 cents. PE of 14.6 times Dividend of 25 cents , yield of 11%. Looks unlikely to repeat with the same dividend.

Currentt price seems fully value. I think it might be good to lock in profit or partial profit.

Not a call to sell or buy.
Dyodd .

Hi-P International Limited operates as an integrated contract manufacturer serving the telecommunications, consumer electronics, computing and peripherals, and medical and industrial devices. It operates in three segments: Precision Plastic Injection Molding; Mold Design and Fabrication; and Provision of Sub-Product Assembly and Full-Product Assembly Services. The company engages in the assembly and provision of ancillary value-added services, primarily surface finishing services. It also manufactures and sells molds and special tools, related housing appliance plastic components and equipment, and water treatment equipment; plastic components and plastic product modules; mold base and components; electric components and electronic communication equipment; in-mold decoration lenses; precision stamped metal components and precision tools; and metal and non-metal stampings, as well as provides spray painting, engineering support, maintenance, and technology consultation services. In addition, the company engages in the design, development, and manufacture of automated machinery and equipment; purchase and sale of tools, molds, plastic and metal components, equipment, commodities, scrap material, computer and communication devices, and housing appliances; design and fabrication of dies; and manufacture, SMT, assembly, and trade of flexible printed circuit and flexible rigid printed circuit boards. Further, it manufactures and sells trays, mobile phones, telecommunication products, and digital cameras and related electronic products, as well as electric toothbrushes; assembles coffee machines and parts, as well as provides related maintenance and after-sales services; and offers investment and management consulting services. It has operations primarily in the People's Republic of China, Singapore, Malaysia, Taiwan, Thailand, Europe, the United States, and the rest of Americas. The company was founded in 1980 and is headquartered in Singapore.