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ties (Taiwan) Limited is a participant of the Taiwan Stock Exchange (company-type) and regulated by the Taiwan Securities and Futures Bureau. India: J.P. Morgan India Private Limited, having its registered office at 1.P. Morgan Tower. Off. C.S.T. Road, Kalina, Santaeruz East. Mumbai - 400098, is a member of the National Stock Ex
2015E 2016E EPS Reported ($) O1 (Mar) 0.48 1.48A O2 (Jun) 0.50 1.32 O3 (Sep) 0.52 1.18 O4 (Dec) 0.55 1.63 FY 2.05 5.61 6.52 7.54 Bloomberg EPS FY ($1 2.00 6.05 7.60 8.67 Source: Company On. Bloomberg. Morgan eabmates. North America Equity Research 22 May 2014 Overweight mum ►aces ua
ties (Taiwan) Limited is a participant of the Taiwan Stock Exchange (company-type) and regulated by the Taiwan Securities and Futures Bureau. India: J.P. Morgan India Private Limited, having its registered office at J.P. Morgan Tower, Off C.S.T. Road. Kal Santacruz East. Mumbai -400098. is a member of the National Stock Exchang
Jun) 0.73 0.91 0.91 1.22 1.24 03 (Sep) 0.83 1.13 1.13 1.32 1.35 04 (Dec) 0.93 1.18 1.23 1.44 1.48 FY 3.15 3.95 4.00 5.10 5.20 Bloomberg EPS FY (s) 3.10 3.98 5.10 Source: Company data. Bloomberg. J.P. Morgan estimates. North America Equity Research 12 June 2014 Overweight HAL, HAL US
ties (Taiwan) Limited is a participant of the Taiwan Stock Exchange (company-type) and regulated by the Taiwan Securities and Futures Bureau. India: J.P. Morgan India Private Limited. having its registered office at J.P. Morgan Tower. Oft C.S.T. Road, Kalina, Santacruz East, Mumbai -400098, is a member of the National Stock Exch
) 144.57-87.20 04 (Dec) - - 1.88 2.02 2.18 Market Cap (S mn) 100,467.50 FY 5.74 5.88 7.08 7.55 7.90 8.20 8.60 Shares 0/S (mn) 769 Bloomberg EPS FY (5) 4.51 5.01 6.74 - 7.32 - 8.17 Source: Company data, Bloomberg. M. Morgan estimates. Our EPS estimates for Boeing are consistent with the
ties (Taiwan) Limited is a participant of the Taiwan Stock Exchange (company-typc) and regulated by the Taiwan Securities and Futures Bureau. India: J.P. Morgan India Private Limited, having its registered office at J.P. Morgan Tower. Ott C.S.T. Road, Kaline, Szintacruz East, Mumbai -400098, is a member of the National Stock Exc
0.16A O2 (Jun) 0.94 0.50 0.59 0.61 O3 (Sep) 1.46 1.48 1.82 1.84 04 (Dec) (0.07) 0.15 0.27 0.25 FY 2.44 2.20 2.74 2.87 3.55 3.71 Bloomberg EPS FY ($) 2.42 2.17 - 2.71 - 3.46 Source: Company data. Bloomberg. J.P. Morgan estimates. 13kamberg' above denotes Bloomberg consensus estmates. S
Entities connected to both J.P. Morgan India Private Limited and Bloomberg EPS FY
J.P. Morgan Securities Singapore Private Limited
ORGANIZATIONASX Limited
ORGANIZATION
Mumbai
LOCATIONThe Financial Futures Association of Japan
ORGANIZATIONJapan Investment Advisers Association
ORGANIZATION
Frankfurt
LOCATION
Malaysia
LOCATION
Philippines
LOCATION
New Zealand
LOCATIONthe Securities and Exchange Commission
ORGANIZATION
the Financial Services Agency
ORGANIZATIONthe Central Bank of Brazil
ORGANIZATION
the Ministry of Finance
ORGANIZATIONEngland & Wales
LOCATION
JPMorgan Chase
ORGANIZATIONthe Financial Services Board
ORGANIZATIONJ.P. Morgan Cazenove
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATIONthe Securities and Futures Commission
ORGANIZATIONthe Korea Financial Supervisory Service
ORGANIZATION