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Clarence Chu
  • Clarence Chu

WT Microelectronics Placement

WT Microelectronics is looking to raise approximately US$190m in its primary global depository shares (GDS) offering to repay foreign currency denominated debt and for procuring raw materials in foreign currencies. While we can’t explicitly state that the deal is well-flagged, the firm has seen its gearing ratio increase and CFO was negative in its latest financial year. Furthermore, the firm has recently come out to agree to acquire Singapore-listed Excelpoint Technology for US$179m, to be ac...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

One of the strongest YoY growth stories in 1H17

​We forecast WT will post nearly 40% top-line growth in 1H17F, which is impressive and will easily outgrow the semi space. As investors will soon focus on 2017, this remains one of our top-picks (coupled with its high yield and low P/E).

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