Citi Initiates 90-Day Upward Catalyst Watch on MINTH Group (00425)

Stock News01-22 14:38

Citi has released a research report initiating a 90-day upward catalyst watch on MINTH GROUP (00425), with a target price of HK$46 and a "Buy" rating. The report indicates that the large-scale delivery of AI liquid cooling products likely commenced in January, and it is expected that MINTH will secure further orders in the AI liquid cooling sector. Furthermore, the bank believes Germany's reintroduced subsidy policies could present an upside risk to MINTH's European sales. Other potential catalysts include the manageable impact of rising aluminum prices; the limited effect of increased Mexican tariffs, estimated to involve approximately $1 million by 2026; a projected revenue contribution of around RMB 100 million from the robotics business by 2026; and an attractive valuation with a dividend yield of 3.8% and a payout ratio of 40%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment