TC

07/12/2010 17:25

[I-bank focus]Goldman lifts GCL-Poly (03800) TP to HK$3.6

  <ET Net News Agency, 7 December 2010>  Goldman Sachs lifted its target price for GCL-
Poly (03800) to HK$3.6 from HK$2.7, and maintained its "buy" rating.  Its EPS forecasts
for 2010-2012 are Rmb0.20/0.29/0.40.
  GCL-Poly is targeting to become the largest wafer manufacturer in the world.  The
research house expects GCL to add 10,000 MT more of silicon capacity and 1.5GW wafer
capacity in 2011, which could bring volume growth outlook of 149% yoy.
  In addition, continuing prepayment commitments from its major customers should help GCL
secure some source of funding for 2011 capex.
  As GCL-Poly aggressively adds more low-cost based poly/wafer capacity, Goldman sees
stronger wafer price competition ahead, especially in 2H11 while more low-cost based
silicon/wafer will be effectively available.  

人氣文章
財經新聞
評論
專題
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

【嚴正聲明】《經濟通》呼籲公眾提高警覺留意偽冒《經濟通》投資群組

如何分辨問米是否真實?通靈問事用什麼工具都可以?靈靈法即場示範通靈!

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

貨幣攻略

大國博弈

說說心理話

Watche Trends 2024

北上食買玩

Art Month 2024

理財秘笈

夏天養生食療

消委會報告

山今養生智慧

輕鬆護老