Strong mid-Long term Fundamentals TP $6.5
$MZH.SG$
Market overcorrection due to resignation of COO. Fast rebound to $4.3 from $4.1. Short term weakness in fundementals due to increased costs of Shanghai 2 factory. Should expect a 1 - 1.5 years to ramp up manufacturing capacity and translate to revenue gain. Long patents expiry for FCVA (2025 - 2039) as strong catalysts to retain market share. Major institutions not selling off.
Market overcorrection due to resignation of COO. Fast rebound to $4.3 from $4.1. Short term weakness in fundementals due to increased costs of Shanghai 2 factory. Should expect a 1 - 1.5 years to ramp up manufacturing capacity and translate to revenue gain. Long patents expiry for FCVA (2025 - 2039) as strong catalysts to retain market share. Major institutions not selling off.
![Strong mid-Long term Fundamentals TP $6.5](https://ussnsimg.moomoo.com/1629086418440-102341663-android-compress.jpg/bigmoo)
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