Rhb TP 3.50.... hold call.... I believe the research house , no research house actually reduce their TP.... all new updated reseach..someone trying to be smarter than all research houses by perfect math calculation????... decide yourselves.....

I think ppl still confuse about the structure here.... Ok ts solar is a subsidiary own by both 1)Taiwan solar tech 2) tekseng..... By study both Tekseng report and solar tech report I found, ts solar financial report is included in tekseng with PVC and all in quarter report...but TS solar earning is NOT included in the monthly profit of solar tech....it only show in other segment in ANNUAL report under other subsidiary.... Which solar tech have other subsidiary.... But TS solar seems to be among the good one...... In simple word, ts solar is share by tekseng and solar tech..... Tekseng is small diversify company(solar and pvc etc)who own a solar factory TS solar with solar tech and TS solar performance affect tekseng greatly because tekseng is smaller.... Solar tech is a huge solar company who produce solar product mainly in Taiwan sell to China who also invest in TS solar.... But TS solar is small in comparison with solar tech.... So the earning contribution of TS solar is small to solar tech because it have own big solar company in Taiwan and other smaller solar factory..... Conclusion is.. I think performance of solar tech really does not indicate the performance of TS solar( the mainland and other subsidiary perform badly but TS solar good).....but TS solar performance really affect tekseng greatly..... Pls read the Udn link very carefully, apart from mentioning that TS solar is delay in expansion, they also keep mention TS solar is perform at full power at that moment.... And TS solar have better margin.... Finally I suggest you all can study into solar tech annual report in Chinese if you want... Then you will realize TS solar just a small part of solar tech....