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Title:Garments: Buy Eclat, Quang Viet, Kwong Lung
Download File:Garment industry note 170414--sinopac.pdf 
 
Summary:
  • Buy Eclat (1476 TT), TP of NT$366 (23x 2017F P/E)

  • Buy Quang Viet Enterprise (4438 TT), TP of NT$181 (20x 2017F P/E)

  • Buy Kwong Lung Enterprise (8916 TT), TP of NT$60 (13x 2017F P/E) on earnings growth outlook, unassuming valuation, and high yield (7.5%).
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    Date:2017/04/14
    Author:TaiwanResearch.com
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