Taiwan Specialist

Julia Chien

Equity Bottom-Up

Sunny Friend Environmental Technology / Equity Bottom-Up

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Investment case
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We initiate coverage of the <a href="https://www.smartkarma.com/entities/sunny-friend-environmental-techgy-co-ltd" target="_blank" data-smartkarma-citation="entities:17764:1" rel="noopener">Sunny Friend Environmental Technology (8341 TT)</a> with a Positive view. Due to the COVID-19 outbreak, proper disposal of used masks, suits and other medical equipment is of utmost importance. Rising demand for waste management services should further drive the company’s earnings growth over 2020-21.


Investment case

We initiate coverage of the Sunny Friend Environmental Technology (8341 TT) with a Positive view. Due to the COVID-19 outbreak, proper disposal of used masks, suits and other medical equipment is of utmost importance. Rising demand for waste management services should further drive the company’s earnings growth over 2020-21.

SunnyFriend Environmental Technology(8341TT):A Play on Rising Medical Waste Disposal Demand in China

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

YTD sideways congestion for the MSCI ACWI ex-US and an intact downtrend for the MSCI EM index continue to point to a risk-off environment for international equity markets, and supports our neutral outlook. We continue to recommend avoiding broad indexed exposure in favor of selectivity. In today’s report we highlight actionable country- and Sector-specific themes within Norway, India, Japan and Australia.

YTD sideways congestion for the MSCI ACWI ex-US and an intact downtrend for the MSCI EM index continue to point to a risk-off environment for international equity markets, and supports our neutral outlook. We continue to recommend avoiding broad indexed exposure in favor of selectivity. In today’s report we highlight actionable country- and Sector-specific themes within Norway, India, Japan and Australia.

Global Ex-U.S. & EM Continue to Point to Risk-Off Environment

Taiwan

Sunny Friend Environmental Technology Co.,Ltd. is a industrial infectious waste disposal company. The Company provides industrial waste clearance and disposal, landfill and incineration services, biomedical waste treatment and environmental law consulting.

Sunny Friend Environmental Technology (8341 TT)

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Sunny Friend Environmental Technology (8341 TT)