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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...
D/G - New plant a growth driver, but current valuation appears fair
​We still anticipate growth to be driven by the ramp-up of Bioteque’s new plant in the Philippines. We now raise our TP to NT$172 from NT$154, as we lift our 2016/17F EPS by 5.0%/8.9%. However, at the current valuation, we would recommend investors wait for a chance to accumulate should there be any share price correction. Bioteque already has the Certificate of Product Registration (CPR) and the Free Sale Certificate (FSC) from the Philippine FDA, which allows it to manufacture products in ...
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