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We remain positive on Green Seal given 1) benefits should materialize after the ramp-up of Lines 7 & 8; 2) improving GM will drive earnings growth; and 3) its cheap valuation.
Green Seal Holding is principally engaged in the research, production and sale of biaxially oriented polyamide ("BOPA") films. Through its subsidiaries, Co. is also engaged in investment holding. Co.'s products are applied in the packinging of cooking food, frozen food, chemical products, medical products, machinery and electronic products. Co. operates predominantly in the People's Republic of China.
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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