Investment Summary
Minth’s 2019H result lower than forecast, but the increasing trend of the oversea business is still to continued. In the near future, Minth’s production structure are expected to continue improving, triggered by increased investment on technology upgrades and product optimization We maintain the opinion that Minth’s existing businesses indicate a robust growth momentum, while great potential boom lies before the new ones, on the base of more input on R&D etc. We gave target price of HK$ 32 and Accumulate rating. (Closing price as at 17 October)
Bachelor Degree in Tongji University of Engineering; Master Degree in East China Normal University of finance. Currently covering the automobile and air sectors. She has years of experience in investment research and is good at combining analysis for the companies with industry prospects.
