Feb 24, 2015

ELSOFT –Trading Buy

Elsoft Research Bhd. (stock code 0090) researches, designs, and develops test and burn-in systems and applications specific systems. The Company's products and services include advanced electronics system design, systems software engineering and algorithm development, and optoelectronic/semiconductor parametric testers.

Our medium (6-12 months) term target price for ELSOFT is RM2.65 hence offers an upside potential of around 53.2% from current level.

elsoft-weekly-chart by Affin-Hwang Capital 23/02/15

ELSOFT RESEARCH BERHAD

The Company was incorporated in Malaysia under the Companies Act 1965 on 4 June 2003 as a private limited company under the name of Elsoft Research Sdn Bhd. The Company is principally involved in research design and development of test and burn-in systems and application specific embedded systems.