Report
EUR 56.04 For Business Accounts Only

Awaiting stronger growth beyond 2017 - 2634 TT; BUY

​We like AIDC because of the secular industry trend, its advantages vs. competitors, and strong order backlog. Although we are positive on its outlook beyond 2017 with rising shipments of parts for 737Max, A320neo, and MRJ, and the trainer jets program for national defense, we foresee modest revenue and earnings growth in 2016-17F.

Underlying
Provider
Yuanta
Yuanta

​Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.

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