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

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>As mini LED applications increase, Ennostar is likely to conduct debottlenecking and expand capacity through retrofitting existing equipment. Thus, Ennostar’s GM entails room for improvement in 2022. Overall, we forecast the company’s FY21 and FY22 EPS at NT$3.09 and NT$5.24, respectively, and upgrade our rating to BUY with a TP of NT$105 (20x 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>

As mini LED applications increase, Ennostar is likely to conduct debottlenecking and expand capacity through retrofitting existing equipment. Thus, Ennostar’s GM entails room for improvement in 2022. Overall, we forecast the company’s FY21 and FY22 EPS at NT$3.09 and NT$5.24, respectively, and upgrade our rating to BUY with a TP of NT$105 (20x 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.

Ennostar (3714 TT) Better-Than-Expected Mini LED Outlook

Taiwan

ENNOSTAR Inc. develops, manufactures, and distributes light-emitting diode (LED) products. The Company produces LED lighting, LED displays, LED for sensors, micro and mini LED,and more. ENNOSTAR markets its products in Asia.

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Ennostar (3714 TT) Better-Than-Expected Mini LED Outlook

As mini LED applications increase, Ennostar is likely to conduct debottlenecking and expand capacity through retrofitting existing equipment. Thus,...

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