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Equity Research 4896 Private ID: 102341663
Investment Analyst covering TMT, semicon and REITs
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    $MZH.SG$ There is a myriad of factors relating to its current share price performance.
    1. Rising yields on the US side
    2. End of lock up period for joint book makers who are re-balancing their portfolio for the new year
    Overall, the fundamentals of this company is strong and the technology is sound. It doesnt deserve to be punished like this unlike other firms with negative earnings but are doing much better due to speculation of intangible prospects and products.
    $MZH.SG$
    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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