5347 TT

Vanguard International Semiconductor Corp

TMT


Publicly traded companies mentioned herein: Taiwan Semiconductor Manufacturing Co Ltd (TSM), Vanguard International Semiconductor Corp (5347 TT)

Highlights

The presenter is short shares of Vanguard International Corp (5347 TT), the specialty integrated circuit foundry services provider, believing that end market demand for consumer electronics is declining and that Vanguard is poorly positioned structurally. The stock currently trades at $145 per share, 7x tangible book value and 17x 2022 earnings estimates. Vanguard is projected to do $8 - $9 in earnings in 2022, which he believes will be significantly lower ($3 - $4), and he expects the stock should trade down to ~$60 per share. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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Commentor 1 - 2 weeks ago

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