Analyst Research Report Snapshot

Title:

Catcher Technology (2474 TT): Beneficiary of Apple’s Manufacturer Diversification Strategy

Price:

$46.00

Provider:

MasterLink Securities Corporation

Date:

10 Nov 2013

Pages:

5

Type:

AcrobatPDF

Companies referenced:

2474.TW

Available for Immediate Download
Summary:

We project Catcher’s FY13 and FY14 consolidated sales of NT$41.6bn and NT$45.1bn, +12.4% YoY and +8.5% YoY, with EPS of NT$18.12 and NT$15.93 respectively. We believe Catcher will be the beneficiary of Apple’s long-term manufacturer diversification strategy, and experience sales growth in 2014 and 2015. The company’s stock price still has an upside potential, as Catcher is trading at 11x FY14 EPS. We thus retain our BUY rating with a target price of NT$207.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.