bullish

Lasertec Corp

Lasertec (6920) - The State of Things May Be Different Than You Think

1.5k Views20 Jul 2023 21:27
Travis has highlighted this Insight as a Top Pick
Boomeranged on Tue, 15 Aug 2023 21:47
All the earnings are out. Lasertec had previewed its June 2023 results in a 24 July guidance upgrade, and beat those. It also released June 2024 guidance, which was unchanged at 7 Aug results. Others came in flat to lower than consensus. Lasertec remains a top choice for Nikkei 225 inclusion in September, and it's more flow than most think. Up 11% vs Peer Basket since I wrote. Still good skew.
SUMMARY
  • Lasertec (6920) is a shoo-in for Nikkei 225 inclusion in September according to the quantitative analysis. The amount to buy is a small multiple of ADV, making the inclusion "unimpressive."
  • It is probably worth looking at the details of ownership, of volume, and of relationship to other stocks in the same general sector.
  • It is also worth thinking about flow channels (stock up or down changes flows) and forward fundamental calculations.
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