Loading, Please wait ...
O2Micro International Limited
OIIM.OISIN: US67107W1009SEDOL: B0R5JD3 |
Rating: BUY |
Target Price: 3.84 USD |
Investment Horizon: 6 to 12 months |
Company News Alert
On 15 June 2009, O2Micro International Limited (O2Micro) revised upwards it 2Q 09 guidance to reflect resilient demand for LCD TVs, growth in demand from the Chinese market and ramp-up of new products. The company's new guidance is significantly above our previous expectations. Demand from China is also better-than-expected reflecting a significant boost from the government subsidy program for the rural electronics market and a new subsidy program announced…
Company News Alert
O2Micro International Limited’s (O2Micro) ADR price has appreciated significantly since our 4Q 08 and FY 2008 update report dated 23 April 2009 reflecting overall improvement in the broader equity indices. The appreciation in the ADR price also reflects that the company’s 1Q 09 results beat Management guidance and its better than previously expected 2Q 09 net sales guidance. The company’s 1Q 09 performance was also better…
1Q 09 News Alert
O2Micro International Limited’s (O2Micro) 1Q 09 results exceeded our expectations. Going forward, it is likely that we will revise our estimates upwards in view of the 1Q 09 results and Management guidance. We are maintaining our current HOLD rating for the stock until we revalue the O2Micro ADR in our next full update report. We will reassess the ADR rating and target price for O2Micro in the coming weeks. We maintain our current BUY rating for the Hong Kong stock…
4Q 08 & FY 2008 Update Report
The Chinese government subsidy for the rural electronics market has led to an improvement in LCD market conditions, which had been severely impacted by the weakening of global consumer demand. Reducing inventory levels and need to re-stock have further supported demand, leading to a pick-up in utilization rates for panel makers and stability in panel prices in the second half of 1Q 09....
Company News Alert
O2Micro International Limited’s (O2Micro) ADR achieved our price target on 26 March 2009, supported by a broader market recovery and positive market sentiment over the potential demand improvement driven by China’s stimulus package. Although we expect the improvement in market conditions to positively impact the company, we are temporarily moderating the stock from a BUY to a HOLD as the stock has achieved our target price, until we revalue the…
Subscribe to Alerts
Sign up for a free account to receive email alerts for this stockMore Information
Request a redistribution license
Access to short term actionable trading strategies
(available only with Global Research subscription)
Access to financial models
(available only with Global Research subscription)
