by winston » Tue Feb 20, 2018 10:14 am
not vested
SUNNY OPTICAL(2382)
Analysis:
The company gave positive profit alert on Feb 12, which indicated that 120% YoY increase in profit attributable to owners is expected. This is mainly due to the significant increase in company`s revenue and margin expansion.
As the increasing popularity of dual camera phones, the business of mobile camera module is expected to burst.
In past few months, the business growth slowed down due to the weak demand of China`s mobile phone market. But the company has leading technologies in field of camera miniaturization and 3D sensing module.
As Android adopts 3D sensing technology, business of mobile optical lens is expected to rebound. In addition, the company is the largest vehicle lens supplier in the world, and has good relationships with Mobileye, BOSCH and other mainstream suppliers.
With the accelerated development of automotive intelligent applications such as pilotless driving, we expect vehicle lens business to grow at a high speed.
In long run, the company`s investment in artificial intelligence may gradually become a new driving force of future development.
Strategy:
Buy-in Price: $128, Target Price: $142, Cut Loss Price: $115
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"