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MarketScreener Homepage  >  Equities  >  Taiwan Stock Exchange  >  Foxconn Technology Co., Ltd.    2354   TW0002354008

FOXCONN TECHNOLOGY CO., LTD.

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Foxconn Technology : founder's camp rebuts rumors of Gou-Soong presidential ticket

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11/09/2019 | 11:59pm EDT

Foxconn founder Terry Gou's camp denied rumors on Saturday (Nov. 9) that the business tycoon is considering relaunching his presidential bid with People First Party (PFP) Chairman James Soong as his running mate.

'We were jolted by the news this morning of Gou teaming up with Soong in the presidential race,' said Gou's spokeswoman Evelyn Tsai. Gou has not changed his mind about not running for president, LTN quoted her as saying.

Gou pulled out of the presidential race on Sept. 16 in a surprising announcement, citing what he perceived to be an election climate with prevailing populism and class struggle. The move followed his decision to quit the opposition Kuomintang (KMT) party earlier that month.

Reports emerged last week that Soong, 77, is mulling his fourth bid for the presidency, as the PFP is eligible to nominate a candidate for the Jan. 11, 2020 election. He has reportedly met with influential economics commentator Hsieh Chin-ho, sparking allegations that Hsieh might be one of the choices to join Soong on a presidential ticket.

While Gou has shown no intention of returning to the race, his aide, Yonglin Education Foundation CEO Amanda Liu, said on Friday (Nov. 8) in a Facebook post that messages keep pouring in about the possibility of Gou running for president.

Liu launched a poll on Facebook asking 'Would you like to see Terry Gou join the race?' As of time of writing, 17,200 votes have been cast, with 83 percent supporting the bid.

© Pakistan Press International, source Asianet-Pakistan

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Financials (TWD)
Sales 2020 97 230 M
EBIT 2020 6 558 M
Net income 2020 6 727 M
Finance 2020 59 426 M
Yield 2020 4,52%
P/E ratio 2020 11,0x
P/E ratio 2021 9,63x
EV / Sales2020 0,17x
EV / Sales2021 0,12x
Capitalization 75 816 M
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Technical analysis trends FOXCONN TECHNOLOGY CO., LT
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 54,40 TWD
Last Close Price 53,60 TWD
Spread / Highest target 11,9%
Spread / Average Target 1,49%
Spread / Lowest Target -16,0%
EPS Revisions
Managers
NameTitle
Han Ming Li General Manager & Director
Chih Chien Hung Chairman
Tzu Hung Li Head-Finance
Hsueh Kun Li Director
Fang I Cheng Director
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