"Austria-based AMS AG, which has influence over Globetronics, gave a weak forecast for its fourth quarter.
It was reported that AMS AG’s lower margin guidance is attributed to market speculation that Globetronics may see more aggressive erosion in its average selling prices.
However, as AMS AG did not elaborate on the lower margin guidance, there is a possibility that it could be due to its own yield issues, which may not affect Globetronics."
9M18 earnings were within our expectation at 71% of our FY18 forecast but below Bloomberg consensus at 62%. We expect 3Q18s strength to sustain into 4Q18 as GTBs key client ramps up for sensor products. No change to our earnings forecasts but we caution for headwinds, as indicated by GTBs sole client for its sensor products, ams AG. Maintain HOLD with an unchanged TP of MYR2.40, pegged at 18x CY19 EPS (average PER target for tech stocks within our coverage) by Maybank
Someone posted really old iphone x news back in January. Because that news spooked a lots of investors and it turned out a few months later, iphone x became best selling phone in 2018.
The latest is about iphone xr. If iphone xr is not selling well, but iphone xs and xs max are selling well, how are you going to aplogize to potential investors that you spooked earlier?
What is the fuss ? I can’t understand why you are making hoo haaa over here about ifon thingy. If you are so confident, just do a live tagging sincere analyst and do a big short on this counter. Accept challenge ?
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....
stock_investor
526 posts
Posted by stock_investor > 2018-10-30 22:17 | Report Abuse
sentiment so weak now. i rather lay back this week whilst awaiting budget 2019 and trump mid election result.