[ET Net News Agency, 31 December 2019] Comba Telecom Systems (02342) has been selected
as a candidate for the largest and the third-largest allocation in antenna components in
two separate tender packages, with bidding prices of Rmb10.3mn and Rmb32.5mn,
respectively, from China Telecom (00728).
While the revenue contribution from this tender may be limited given the tender size,
Goldman Sachs said the allocation echoes Comba's strong position in China's antenna
market.
The research house expects the 5G capex cycle in China to bring a new wave of demand and
growth opportunities for Comba's antenna and small cells. Goldman maintained its "buy"
call on Comba with a target price of HK$2.6. (KL)
|
|
|
|
|
|
|
|
|
|
Super Quote | Detail Quote | Interactive Chart | Transaction | Related News | Related Securities | Company Information | Dividend Records | Short Sell
02342 COMBA
Nominal 
0.485 -0.005 (-1.020%) Research Report
31/12/2019 15:54
{I-bank focus}Comba builds position in China antenna market
| Remark: | Real time quote last updated: 18/04/2024 17:59 |
| Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service |