FIH MOBILE LIMITED(2038.HK):FOCUS ON IMPROVEMENT IN CORE OPERATIONS
瑞银证券有限责任公司2014-09-16
Valuation: Maintain Buy rating and HK$5.5 price target We believe FIH is well positioned to capture handset manufacturing, sales and distribution, as well as repair & maintenance service opportunities in the global market. Our price target of HK$5.5 is based on 1.3x 2014E BVPS.