Suez Canal FiascoWe've all heard about the big ass ship stuck in Egypt's Suez Canal last week. On Tuesday morning (3/23) the 'Ever-Given' vessel, leased by Taiwanese Company EVERGREEN; was caught up in a 'Darude-like' sandstorm causing over 10 billion in damages so far and unforetold shipping delays.
The Suez accounts for 30% of imports coming into Europe from Asia. There are currently 150+ container ships caught in this costly traffic jam, where the estimated costs of waiting are upwards of $400Million/hour a
Taiwan Ticker 2492 Technical Analysis ( Walsin Tech Corp )Hi Vanessa ,
Its a little difficult for me to do a proper fundamental analysis on this stock of yours as information is a little harder to source using my current system .
However I was able to determine a bit ...
Overall the fundamentals were good , but I did get some conflicting information from different websites on their fundamental values and I don't want to give you any false info.
So , In short 2018 was an amazing year for this company but sales and earnings significantly declined a
TSMC: Trading at top of a +/- 20% rangeTSMC has been trading in a +/- 20% range since Jan 2018 and this is the 3rd time the stock has hit the top of the range. Be it more tariffs, smartphone saturation or the fact that Chinese crypto mines are being shut down, the demand picture for chips are just not that great.
Yageo weekly 0.618 retracement--The passive components' drama.The sector of passive components in Taiwanese Stock Market went so crazy since last year.
This Yageo is the leading one to make a perfect turnaround from a 2 digits stock to the 2nd highest price stock in Taiwan (called Queen of the stock market) .
The story started from the passive components went short in supply and the price kept going higher and higher,
so higher revenue, higher earning estimate, and a higher multiple is given as most analysts believe the supply will be in short for quite a
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