UALA LUMPUR: D&O Green Technologies Bhd is primed to ride the wave of growing LED content per vehicle, especially electric vehicles, which serves as a key theme in the technology sector this year, says Kenanga Research.

"The pent-up demand for automobiles being witnessed now is consistent with our bullish stance and we expect the momentum to remain elevated throughout 2021," it said in a note.

China's car sales have logged seven months of consecutive growth from May till November 2020, due to the easing of purchase quota and subsidies provided by the Chinese government.

Kenanga said there was a growing preference for electric vehicles with triple-digit growth in China in October and November.

"As per our check, D&O is running at full capacity, defying the typical seasonality.

"Barring any unforeseen circumstances, we believe the group is capable of delivering YoY increase for the next five quarters ahead.

"This will be driven by the increasing LED content per vehicle as well as the adoption of the group’s proprietary smart LED in EVs and autonomous vehicles which are still at

their infancies, indicating much room for growth," said Kenanga.

The research house raised its FY20 and FY21 Patami by 11% and 29% to RM41.5mil and RM82mil in anticipation of heightened demand for automotive LED.

It maintained "outperform" on the stock with a higher target price of RM3.40 from RM2 previously based on FY21 price-earnings of 48x, up from 35x previously

我说说我的经历..之前都做短线投资，2买入2.25卖出，然后2.2买入2.45卖出，再2.44买入2.6卖出，然后2.54再次入场到现在，这家公司我对他太有信心，而且even 他上礼拜每天都中少许卖空股价还是蛮稳定，是一只值得长期投资的公司，我最后买入设定在半年内tp 3.2 现在才过了一个月，我看或许我的tp明天就达到了，就算达到我也不卖因为我不想失去好公司。没有买卖建议，加油，现在价位有点高你可以等回调再考虑

投资之前先问问自己，对这家公司是否了解，也是否对他有信心会在将来有潜力。未来电动车时代，自然少不了更多的led,而且他们生产的LED在国际是获得认证的。中长期投资你不会后悔，短线就现在偏高了，没有买卖建议独立思考好好才入场吧，虽然我买在不是很低2.54，但如果回调到2.7-2.75左右我会再加码。加油