Title Landmark (3081 TT) Buy, TP: NT$385
  Taiwan Union Technology (6274 TT) Buy, TP: NT$200
  Sinbon (3023 TT) U/G Buy, TP: NT$202
  Parade Technologies (4966 TT): Raise TP to NT$1,473; Maintain Buy
  ESG Note: TXC (3042 TT) Buy: TP: NT$100
  ESG Equity Note: Mediatek (2454 TT) Buy, raise TP to NT$950
  Chenbro Micom (8210 TT) Neutral
  Makalot (1477 TT) U/G Buy, TP: NT$200
  ESG Equity Note: Mediatek (2454 TT) Raise TP to NT$920; Maintain Buy
  Macauto (9951 TT) Buy, TP: NT$90
 
More Titles
Title:Marketech (6196 TT) Buy, TP: NT$103.00
Download File:6196 TT Marketech note 200707--sinopac.pdf 
 
Summary:Buy, TP of NT$15x 2021F P/E: 1) Positive outlook for 2H20-2021: Order volume is rising thanks to a key semiconductor client¡¯s expanding capex and China¡¯s determination to develop its local semiconductor supply chain. 2) Attractive valuation: Marketech now trades at ~13x 2021F EPS, toward the lower end of its recent-year P/E of 7-25x. Buy Marketech in anticipation of a capex rebound in the semiconductor industry.
  
Date:2020/07/07
Author:TaiwanResearch.com
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