标题：Universal Scientific Indus.Shanghai2015 missed; wait for undervaluation to provide buy opportunities
发布日期：2016-03-31 12:41:13
内容： Earnings forecast Cut 2016 EPS forecast 6% to Rmb0.50, due to the missed revenue and earnings of Global Universal Technology and fierce competition. Our 2017 EPS forecast is Rmb0.62. Trim TP 6% to Rmb12.2 given the EPS forecast cut. Currently trading at 20.1x 2016e and 16.1x 2017e P/E, maintain BUY. Risks: Large client SiP orders miss; slow rise of yield rate.
发布日期：2016-03-31 12:41:13
内容： Earnings forecast Cut 2016 EPS forecast 6% to Rmb0.50, due to the missed revenue and earnings of Global Universal Technology and fierce competition. Our 2017 EPS forecast is Rmb0.62. Trim TP 6% to Rmb12.2 given the EPS forecast cut. Currently trading at 20.1x 2016e and 16.1x 2017e P/E, maintain BUY. Risks: Large client SiP orders miss; slow rise of yield rate.
