Reported 8 months ago
Yageo (6449) saw foreign investors buy 1,152 more shares on June 14, leading to a locked trading limit and a closing price of NT$136.5, a new high since May 7. With stabilized market fundamentals, the weekly K line has seen three consecutive increases, as the KD has shown strong upward momentum around 50, potentially challenging the NT$142 peak. Yageo, a solid capacitor manufacturer, will issue a cash dividend of NT$2.3 on June 25, with management optimistic about solid capacitors in server applications. Yageo recently reported May revenue of NT$271 million, up 0.79% monthly and 17.9% annually, reaching NT$1.261 billion in cumulative revenue for the first five months, up 18.4% year-on-year.
Source: YAHOO