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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.
Strong mid-Long term Fundamentals TP $6.5
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  • Captain moo : Yoooo mooer, Great to see you here in moomoo community! You are making an awesome progress with your first post. Have fun on your journey in making more friends here!

Investment Analyst covering TMT, semicon and REITs
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