StubWorld: Intouch/Gulf, Yodogawa/Sheng Yu Steel, Pan Asia Chemical/Taichung Commercial
Trading at a 1.6%/4.0% gross/annualised spread. I'd wait for any weakness before entering (if playing the arb) at ~4% gross spread to terms, where...
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Taichung Commercial Bank: Credit Contracting as Impaired Loans Rise
Taichung Commercial Bank (2812 TT) shares have plunged of late after an impressive period of gravity-defying out performance. Was there something...
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Taichung Commercial Bank: Run Your Winners
At Q319,Taichung Commercial Bank (2812 TT)reported a PH Score™ of 8.2 revealing benign trends in Profitability (partly), in Efficiency, in...
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Taiwan Banks: Not the Bargain They once Were
Given their stellar outperformance this year, we are now more cautious on Taiwan's banks.The sector is, one must not forget, still weighed down by...
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Taichung Commercial Bank: Further To Go
Following on from Taiwan Banks: Trading Thoughts on Four Names, we add Hua Nan Financial Holdings Co Ltd. (2880 TT) to our analysis. We conduct a...
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