Mycronic Laser

We sincerely feel

BEARISH                                                         as a SITTING DUCK                                 BULLISH

on the markets

MYCR (ISIN: SE0000375115)

Mycronic publ AB, formerly Micronic Mydata publ AB, is a Sweden-based company active in the electronics industry. The Company’s operations are divided into two business areas. The Surface Mount Technology business area develops, manufactures and markets advanced surface mount equipment for flexible electronics production. The equipment is used for stencil-free jetting of solder paste on printed circuit boards (PCBs) and surface mounting of electronic components on PCBs. The Pattern Generators business area is subdivided into mask writers and direct writers, and develops, manufactures and markets a range of laser pattern generators for the production of photomasks and electronic products.

MARKET: Stockholm

http://www.mycronic.com

Fair Value: 173 SEKDiscount: 60%Average yearly return: 53%Yield: N/AOutperformer

On February 10, 2017

Mycronic announced :

* Q4 order intake reached SEK 518 (838) million * Q4 net sales reached till SEK 1,016 (621) million * Q4 EBIT was SEK 405 (251) million * Q4 dividend proposal to agm of SEK 2.00 (1.50) per share, according to dividend policy.