External broker reports(aggregated public sources), Capital Securities Corp

Capital Securities

Capital Securities provides clients with investment services covering diversified financial products. We have outstanding business performance amid intense competition in the domestic securities market. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Capital Securities Corp

Capital Securities provides clients with investment services covering diversified financial products. We have outstanding business performance amid intense competition in the domestic securities market. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<p>Earnings have grown significantly in FY21 on lean strategy; reiterate BUY. Catalyzed by the growth in core businesses, Lite-On’s overall operations have improved. Even though FY21 revenue is forecasted to remain steady, the company has significantly improved its profitability. Catalyzed by core earnings, FY22 earnings may also remain steady even without the contribution of valuation gains. We recommend BUY with TP of NTD74 (12x FY22 EPS).</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Earnings have grown significantly in FY21 on lean strategy; reiterate BUY. Catalyzed by the growth in core businesses, Lite-On’s overall operations have improved. Even though FY21 revenue is forecasted to remain steady, the company has significantly improved its profitability. Catalyzed by core earnings, FY22 earnings may also remain steady even without the contribution of valuation gains. We recommend BUY with TP of NTD74 (12x FY22 EPS).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Lite-On Technology (2301 TT, BUY, NTD60.10)

Lite On Technology

Lite-On Technology (2301 TT, BUY, NTD60.10)