masterlink securities equity research february 3 2006 jasminewei com tw page 1 of 8 chi mei optoelectronics 3009 tt buy tft lcd panel company update tech analyst jasmine wei 886 2 2731 3888 ext 632 recommendation date january 25 share price nt 55 0 target 45 95 percent change 19 7 52 wk range 30 48 9 taiex index 6532 18 data capital size 51 21bn market cap 235 34bn us 36bn outstanding shrs 5 12bn per 06 e 12 19x pbr 50x foreign ownership 26 87 major shareholder group 22 23 performance m 6 absolute 40 49 relative to 27 77 4 33 key changes current prev n a revenue bn 240 gross margin 14 oper eps catalysts robust demand in tv high exposure solid cost down development related