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Largan’s order visibility of optical components reached about 2 months for now. There was no surprisingly positive catalyst in 1H19 and has entered low-season in 1Q19 as tradition.
Han Cheng Huang, a securities investment analyst, pointed out that since Largan’s 4Q18 revenue dropped, and the low-season effect is expected to be more notable in JAN19 and FEB19, its MAR19 revenue growth remains to be seen. The market is also expecting to see how Largan is likely to benefit from smart phone with multi lens camera. However, the volatility of short-run stocks is inevitable, and the declined turnover is the buying point for the mid/long term layout.
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