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

Masterlink Securities

External broker reports(aggregated public sources)

Masterlink Securities Corp

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.

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

Brillian Network & Automation / Equity Bottom-Up

<p>Given that Brillian is a beneficiary of technology scaling and that the foundry client is aggressively expanding fabs, we expect FY22 sales and profit from the AMC free handling system to double. We forecast the company’s FY21 and FY22 EPS at NT$6.98 and NT$15.02, respectively, and assign BUY on Brillian, with a TP of NT$300 (20x 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>

Given that Brillian is a beneficiary of technology scaling and that the foundry client is aggressively expanding fabs, we expect FY22 sales and profit from the AMC free handling system to double. We forecast the company’s FY21 and FY22 EPS at NT$6.98 and NT$15.02, respectively, and assign BUY on Brillian, with a TP of NT$300 (20x 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.

Brillian Network & Automation (6788 TT) AMC Sales to Double on Client’s Capacity Expansion

Taiwan

Brillian Network & Automation Integrated System Co., Ltd. provides and integrates the network communication system and automation technology. The Company offers RFID system for critical material tracking, advanced material handling module and integrated tracking systems, and advanced purification solutions.

Brillian Network & Automation (6788 TT) AMC Sales to Double on Client’s Capacity Expansion

Given that Brillian is a beneficiary of technology scaling and that the foundry client is aggressively expanding fabs, we expect FY22 sales and...

Masterlink Securities