I’ve got some spare cash in Taiwan and was thinking about buying some stock with it. Traditionally the second half of the year is supposed to be good for the electronics industry, with companies announcing increased monthly and quarterly sales sales as they fill Christmas orders.
Anyone got any ideas on good companies to watch?
I am searching for feedback as my record on stock picking in Taiwan is crap. I’m still sitting on a bit of TSMC and UMC from 2001 that has basically remained unchanged all that time (sold most of it back in 2001 but still got about 1000 shares in each).
I was thinking maybe picking up a notebook maker. I remember they used to do well in the 2H. Maybe Compal (Guangda 2382) or Asustek (Huashuo 2356?). I realize its a saturated market and all. Was looking at it more like a cyclical play, not expecting massive gains or anything.
I am kind of stumped for ideas. . . Foundry doesn’t look like it is picking up anytime soon, so forget more TSMC and UMC.
What about companies involved in LCD? I can’t think of any Taiwanese companies involved in this, though there must be some.
PDAs? They seem to still be growing. But again which companies are the ones to watch?
Apologies for a post with so many questions and so little from myself. Was originally meaning to do some more research on possible companies before posting here, but then I figured I’d be lazy, post here first and see what ideas are out there.
Have to be a few cyclical stocks in the electronics industry worth picking up this second half!