Movement Alert|TIME INTERCON Rises 5.14% in Regular Trading, Leoni Integration Exceeds Expectations as Institutions Highlight Undervalued Computing Power Business

Market Focus
Aug 17

On August 17, TIME INTERCON rose 5.14% in regular trading, trading at HKD 17.39/share, with turnover of HKD 104 million. The rally was driven by the completion of Leoni Cable consolidation and multiple institutional upgrades highlighting the company's undervalued AI computing business.

On the news front, TIME INTERCON recently completed the acquisition of the remaining 51% equity stake in Time Interconnect Singapore, achieving full 100% consolidation of Leoni Cable LCS. China Merchants Securities noted that the Leoni integration has delivered above-expectation profitability, and the full consolidation will substantially boost revenue and profit scale. The firm raised total revenue forecasts to HKD 33.8 billion, HKD 47.9 billion, and HKD 63.5 billion respectively, maintaining a Strong Buy rating. Macquarie previously initiated coverage with an Outperform rating and a target price of HKD 32.5, while Guohai Securities and Guosheng Securities both initiated with Buy ratings, citing rapid AI server revenue growth of 132.1% year-over-year. Institutions broadly view the company's MPO connectors, AI server, and optical communication CPO businesses as significantly undervalued with substantial upside potential.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10