Title Feng Tay (9910 TT) Neutral: Solid operations; lofty P/E
  Chicony (2385 TT) Buy, TP: NT$84.7
  Chlitina (4137 TT) Buy, TP: NT$311
  Largan (3008 TT) U/G Buy, TP: NT$5,200
  Sinbon (3023 TT) U/G Buy, TP: NT$138
  China Life (2823 TT) Buy, TP: NT$30
  SDI (2351 TT) Neutral
  Wistron NeWeb (6285 TT) U/G Buy, TP: NT$85
  Aspeed (5274 TT) Neutral
  Merry Electronics (2439 TT) U/G Buy; TP: NT$198
 
More Titles
Title:Feng Tay (9910 TT) Neutral: Solid operations; lofty P/E
Download File:9910 TT Feng Tay note 190716--sinopac.pdf 
 
Summary:Maintain Neutral: The stock is trading at 24.5x 2019F P/E, toward the upper end of historical range of 15-30x. Be patient and look to enter at 20-22x P/E (NT$187-NT$205).
  
Date:2019/07/16
Author:TaiwanResearch.com
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.