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

Masterlink Securities

MasterLink Securities provide brokerage, securities underwriting, and proprietary trading services in Taiwan. It offers brokerage services, including Taiwan stock exchange and OTC brokerage services, futures trading assistance, foreign securities trading, investment Banking services, and derivative products.

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External broker reports(aggregated public sources)

Equity Bottom-Up

Marketech International Corp / Equity Bottom-Up

<p>MIC’s order amount in Jul21 reached NT$36.9bn (up 45% YoY). The firm is likely to obtain orders for the foundry client’s U.S. and Nanjing plants, while ASML’s new projects will start making sales contributions in 2H21. In sum, we forecast MIC’s FY21 and FY22 EPS at NT$7.46 and NT$9.4, respectively, and reiterate BUY on MIC, with a TP of NT$150 (16x FY22 PER).</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>

MIC’s order amount in Jul21 reached NT$36.9bn (up 45% YoY). The firm is likely to obtain orders for the foundry client’s U.S. and Nanjing plants, while ASML’s new projects will start making sales contributions in 2H21. In sum, we forecast MIC’s FY21 and FY22 EPS at NT$7.46 and NT$9.4, respectively, and reiterate BUY on MIC, with a TP of NT$150 (16x FY22 PER).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.

Marketech (6196 TT) Order Amount Hit a New High at NT$36.9bn