Taiwan Market Comments 2010/10/08

FINIs
* 33% of US$7bn turnover in 4 names. Still focused on a handful of names.
* No bias significantly greater than -+50 Novatek 3034 +$26mm, Inotera 3474 -$18mm.
* Selling of Mediatek 2454 increased, other names bought.
*Other than HH 2317 +$102mm, Mediatek 2454 -$217mm, only significant move was another 1.5% of Wintek 2384 bought

ITCs
* Twn Fertilizer 1722 +$33m. Major buy of the week bias 97.
* No other buy/sell exceeding $14mm +-
* Slightly increased volume close to $1bn.

Local Prop
* No major buy/sell bias in either direction
* $1.5bn, no aggressive moves greater than $10mm into any name.
* Slight bias in HH 2317 +25, following FINIs

IRP L/S Picks
1 Autos 汽車類指數
2 Consumer 貿易百貨類指數
3 Tourism 觀光類指數

IRP Long Only Picks
1. Autos 汽車類指數
2. Consumer 貿易百貨類指數
3. Tourism 觀光類指數

Tagged with: 10mm • Aggressive Moves • Bias • Fertilizer • Finis • Handful • Inotera • Irp • Market Comments • Mediatek • Novatek • Taiwan Market • Tourism • Turnover

Filed under: Uncategorized

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