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Likely 4Q16 miss on rising expenses in Taiwan; but China’s outlook r...
​Stock trading: Its recent share price weakness may be attributed to the 4Q16 results miss on higher than expected operating expenses in Taiwan. Having talked to mgmt, we still expect steady 2016F sales/operating profit growth of 8.9%/10.8% YoY despite headwinds on higher expenses. Due to China’s stronger than expected growth recovery, we are more positive on Sakura China being the driving force since room exists for channel expansion and product-mix optimization as the contribution of high-...
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...
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