Title Garments: Buy Eclat, Quang Viet, Kwong Lung
  Petrochemical: Buy FPC, FCFC
  Financials: Buy Cathay, Mega, and CTBC
  LED industry: Buy Epistar, Tong Hsing
  Steel: Buy Yieh Phui (2023 TT)
  Auto component aftermarket: Warm winter diluted seasonality, FX loss to hamper earnings
  Financials: Our picks on the rate hike theme
  Greater China Automobile Supply Chain & NEV
  LED: Buy select stocks amid 1Q17 light seasonality
  Petrochemical: FCFC (1326 TT), FPC (1301 TT) our are top FPG picks
More Titles
Title:Garments: Buy Eclat, Quang Viet, Kwong Lung
Download File:Garment industry note 170414--sinopac.pdf 
  • 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%).
    Register online at Become Member to receive Taiwan research services. For more information, contact TaiwanResearch.com. Tel (8862) 2316-5181
    ©2001, 2000, 1999 SinoPac All rights reserved. Additional copyright information applies.