Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Taiwan Shorts Analysis: AI Supply Chain Stocks With High Short Squeeze Risk

Hon Hai Sees Computing Products Rebound, PC Market Bottomed; EV Expanding

Wistron (3231 TT): Serving the Insatiable IT Device Market

Hon Hai Results: Managed Q4 COVID Issues Well, Reiterates Margin Expansion & EV Targets; Stay Long

Hon Hai Precision: Nvidia Chip Partnership Shows Emerging EV Advantage, Apple Issues Improving; Buy

Equity Bottom-Up

<ul>
<li>Wistron Corp's share price is up 96% in the past six months. Despite its outstanding results, a lot of the positives have already been reflected in its share price.  </li>
<li>We think a more likely scenario for the stock is to undergo a period of share price consolidation in the next several months. </li>
<li>Its valuations also appear stretched, especially in terms of P/E and P/B valuation multiples as compared to their historical valuation multiples. </li>
</ul>


Wistron Corp's share price is up 96% in the past six months. Despite its outstanding results, a lot of the positives have already been reflected in its share price.  
We think a more likely scenario for the stock is to undergo a period of share price consolidation in the next several months. 
Its valuations also appear stretched, especially in terms of P/E and P/B valuation multiples as compared to their historical valuation multiples. 


ウィストロン社：株価が6ヶ月で96%上昇し、評価額が上昇