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2 comment(s). Last comment by mytwocents 2020-06-12 23:32
Posted by mytwocents > 2020-06-12 23:32 | Report Abuse
Thanks bro. It may be conservative in terms of the ASP, but I couldn't be sure about the very optimistic ASP the analyst been reporting in recent reports with up to 3 times its previous selling price (75 dollar from 25 dollar or so). Sanity checks on various foreign market places indicate higher ASP, but not consistently as high as the 3 times cited by say CIMB CGS analyst report. Rightly or wrongly, I am thinking the 75 dollar per 1000 pieces ASP could apply to just selective sales channel but not across the board.
Therefore taking a conservative approach to keep updating the TP as we get more guidance/visibility from result announcement etc. )
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Goldberg
2,918 posts
Posted by Goldberg > 2020-06-12 22:47 | Report Abuse
Many thanks for the impressive writeup allbeit a tad conservative. Your 2 cents certainly worth a million.