Buy TDK - a clear winner in the rechargeable battery market
Taking advantage of this week's mini wobble to get in to a core long for me...TDK
Nikkei news out on Monday already pushing OP estimates up towards the 120bn yen mark whilst street is still sat around 86.4bn yen
Q2 results were very strong with OP coming in c.14% above estimates and also revised OP guidance to Y85m (where street is)
Think good chance of an upside here and one of the best ways to get access to the rechargeable battery theme alongside auto applications and MLCCs
Nikkei news out on Monday already pushing OP estimates up towards the 120bn yen mark whilst street is still sat around 86.4bn yen
Q2 results were very strong with OP coming in c.14% above estimates and also revised OP guidance to Y85m (where street is)
Think good chance of an upside here and one of the best ways to get access to the rechargeable battery theme alongside auto applications and MLCCs
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