[ad_1]
The subject of today’s report is “Election of three kings or double A under the second wave of epidemic?”
New cases of the new corona epidemic have repeatedly reached record levels. The two European countries that were most affected by the first wave of the epidemic announced large-scale measures to slow the spread of the epidemic. Starting this week, all restaurants and bars in the country will be closed before 6pm. Spain declared a national curfew and entered a state of emergency. The United States recently diagnosed 83,000 people last Friday, a record. In the next 6 to 12 weeks, the entire second wave of epidemics reached its peak.
Wanbao Investment Gu Cai Mingzhang emphasized that the three main reasons for the worsening epidemic situation in Europe and the United States are that the virus is easily transmitted by lax guard, students returning to school and staying indoors in the fall and winter. At this stage, three main factors affect Taiwanese stocks. The second wave of epidemics in Europe and the United States, the United States general elections and financial reports of technology stocks are expected to decline in volume. However, it is worth noting that the main actions of the second wave of epidemics have quietly changed.
The first wave of the epidemic, the most vertiginous is the epidemic prevention actions. On Monday, Mede Medical-DR (9103-TW), which produces masks, lowered its limit during the intraday. Under the first wave of epidemics, it soared 57 times this year. The United States voted on November 3. Before today, there should be no successful vaccine development, making biotech stocks lose the hype of publicity. The high-end vaccine (6547-TW) broke the bottom on Monday and is down 38% from its peak. The first new crown drug approved by the FDA was Remdesivir. Parent company Gilead Technology once jumped from $ 60 to $ 85 this year, a 40% increase. Now the stock price has returned to the original point of $ 60. This year, the stock price has turned into negative returns. Shenghuake (6492-TW) was also due to the crown’s new drug treatment plan. The share price soared from 119 yuan to 309.5 yuan, which is 1.6 times higher. Now it has fallen below 200 yuan, which is close to 40% from the highest point. Tian Guo Yihui is currently in a rebound pattern on the right shoulder, but there is no volume, indicating that enthusiasm for market speculation has faded.
Wanbao Investment Gu Cai Mingzhang emphasized, who is the main population of the second wave of epidemic? First, look at the September EPS Double A Asus (2357-TW) at 5.04 yuan, only 1.2 yuan in the first quarter and 7.16 yuan in the second quarter. It is estimated that the third quarter will be as high as 11 yuan, and PC shipments in the third quarter will increase annually. 45%, the brand’s revenue is 118.6 billion yuan, a quarterly increase of 41% and an annual increase of 38%. In particular, gaming product shipping revenue has increased by more than 80% annually. Annual EPS is estimated to be 23 yuan, a maximum of four years, compared to last year. From 16.34 yuan, an increase of 40% and a PE ratio of only 11 times.
Actually, double A increased in the new Taiwan dollar, the gross profit margin is expected to increase, Acer’s US dollars (2353-TW) accounted for 50% of revenue, but the cost of goods sold in US dollars accounted for 75% and the subsidiaries in the supplier area are priced in US dollars, so that the exchange loss from the appreciation of the New Taiwan dollar can be reduced. Asus US dollars represent 45% of sales and 70% of cost of goods sold. There is also a hedge against the appreciation of the New Taiwan dollar.
Foreign capital has raised Acer’s price target from 26.5 yuan to 30 yuan. The company said the supply and demand gap for NB is large, and parts are out of stock. Only 30% of customer needs are met. The remaining 70% is late. Acer estimates EPS in the third quarter. 0.6 yuan, the annual estimate is 1.8 yuan, and the P / E ratio is 14 times. But demand for NB next year is still strong. BPA is 2.2 yuan. If calculated with next year’s EPS, the P / E can drop to 11 times. Who should I choose for the double A?
Wanbao Investment Gu Cai Mingzhang emphasized that Largan’s (3008-TW) share price has fallen 34% this year, Hon Hai (2317-TW) has fallen 7% and only TSMC (2330-TW) has risen by 39%, but compared to the Acer double-A This year, the stock price rose 45% and ASUS rose 14%, so it seems that the double-A is better than the three kings of Apple.
In particular, let’s take a closer look at the stocks surrounding NB. Gaming Jia (2376-TW) is up 66% this year, MSI (2377-TW) is up 47%, and Thermaltake (3540-TW) is up 180%. The share of e-sports Qiaowei high-power source (3078-TW) increased 60% this year, Weixun (3032-TW) increased 89%, and Haiyun Electronics (6203-TW) increased 88%. E-sports heat dissipation safety-KY (5223-TW) has risen 86% this year, and Xupin (3325-TW) has soared 147% this year. Thermaltake’s EPS in the third quarter is estimated at more than 3 yuan, and the annual estimate is 7 The price-earnings ratio is 10 times higher than last year’s 1.28 yuan, an annual growth of 4.4 times . Weixun’s annual EPS is estimated at 4.4 yuan, representing an increase of more than 70% from 2.5 yuan last year.
Wanbao Investment Gu Cai Mingzhang emphasized that the iPhone 12 was first sold in Taiwan on October 23 and there was a long queue of fruit fans. However, Apple shares did not rise. Not only does the stock price reflect fundamentals, it also performs psychologically well above expectations. The NVIDIA graphics chip is up 112% in US stocks this year and AMD is soaring 60%.
In addition, since the second wave of the epidemic in September, the increase has accelerated. Esports leader Logitech International is up 100% this year, and Razer, invested by Hong Kong’s richest man Li Ka-shing, is up 80% this year. Strictly speaking, esports games are a niche market, but this year’s epidemic has changed the ecology. Many people’s entertainment after work at home has turned to e-sports games to pass the time, leading to a surge in demand for related products. Therefore, the growth of stocks related to e-sports has outpaced. As expected, this is the main reason for this increase.
Join Tsai Mingzhang’s Fan Group for Free Now to Share More Information
Mr. Cai chooses LINE’s fan group of dark horse Cai Mingzhang
https://line.me/ti/p/@marbo666
Cai chooses the dark horse, Cai Mingzhang, free YOUTUBE audio and video channel
https://www.youtube.com/channel/UCHjkjx50-BTduhjwiwFA3nw
Mr. Cai chooses the Dark Horse Cai Mingzhang FB community
https://www.facebook.com/groups/marbo666/
Mr. Cai Chooses Dark Horse Cai Mingzhang Telegram Fan Group
https://t.me/marbo666
Individual values recommended by the company for analysis
No inappropriate financial interest ratio Past performance does not guarantee future benefits
Investors should make independent judgments and prudential assessments and bear their own investment risks.
[ad_2]
