标题：Sino Wealth ElectronicAcquire New Target for Better Synergy
发布日期：2016-03-04 7:41:56
内容： Earnings Forecast and Investment Recommendations: BMIC has entered last round of review of first class manufacturers. The output is expected to rise fast in 2016 and 2017. And AMOLED panel assembly line is to adopt the Companyˇs driver chips. We made EPS forecast for the Company at CNY 0.29 in 2015, CNY 0.44 in 2016 and CNY 0.67 in 2017, implying 85x/56x/37x PE. Reiterate OUTPERFORM. Potential Risks: intensified competition on the market, weaker-than-expected demand from downstream companies, less-than-expected BMIC clients.
发布日期：2016-03-04 7:41:56
内容： Earnings Forecast and Investment Recommendations: BMIC has entered last round of review of first class manufacturers. The output is expected to rise fast in 2016 and 2017. And AMOLED panel assembly line is to adopt the Companyˇs driver chips. We made EPS forecast for the Company at CNY 0.29 in 2015, CNY 0.44 in 2016 and CNY 0.67 in 2017, implying 85x/56x/37x PE. Reiterate OUTPERFORM. Potential Risks: intensified competition on the market, weaker-than-expected demand from downstream companies, less-than-expected BMIC clients.
