Bullish Outlook Intact During the latest pullback, we discussed in mid-April the possibility that further downside was limited on MSCI ACWI (ACWI-US) and the EURO STOXX 50. More recently, in our 5/2/24 Int'l Compass, we discussed how it was "quite possible" that the lows for the pullback had already been established. Since then, the MSCI ACWI, ACWI ex-US, EAFE, and EM indexes have all broken out to new multi-year highs. We continue to view the latest pullback as healthy and normal within the on...
The general evaluation of CATCHER TECHNOLOGY (TW), a company active in the Industrial Machinery industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 2 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date December 31, 2021, the closing...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summary Foxconn Technology Co Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Foxconn Technology Co Ltd (Foxconn Technology) is an electronics manufacturing services (EMS) company. The company is involved in research & development, production and distribution ...
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...
​We revise our 2016/17F EPS estimates by -2%/-1%, respectively, and maintain our rating/TP. Despite an undemanding valuation, we remain structurally cautious due to the high possibility of a casing-material change for iPhone 8 (2H17). We believe that the market still underestimates the glass casing adoption rate for iPhone 8 (market: one model vs. our expectation: all models) and the ASP of metal frames.
​We downgrade Catcher to HOLD-OPF from Buy, cut our TP to NT$245 from NT$360, and lower our 2016/17F EPS forecasts by 5%/20%, as we factor in lower iPhone shipment estimates and ASP (2H17’s iPhone). Previously, we had a Buy on Catcher because of its share gains and metal casing spec migration (i.e., 7000-series in 2H15, waterproof in 2H16). However, we now expect Catcher’s iPhone business to be under pressure in 2H17/2018, as glass casing/metal frame will likely replace the unibody metal c...
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