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Just turned on 1 week free trial for the first time ever
so friends can quickly explore what I believe to be the cheapest stock and highest R/R stock on the korean market.
not hiding it- its Worldex- but there's a lot of research you need to do (or just read my research I've done the heavy lifting)
pop a comment and ill get ur free trial to u
so friends can quickly explore what I believe to be the cheapest stock and highest R/R stock on the korean market.
not hiding it- its Worldex- but there's a lot of research you need to do (or just read my research I've done the heavy lifting)
pop a comment and ill get ur free trial to u
You want to take advantage of the Korea plunge fellow businessmen?View quoted post on X
This is the highest return to risk I see in Korea at the moment.
Its my biggest position.
Worldex trades at EV/EBIT of 3.1. It's closest peer Hana Materials (also cheap imo) trades at EV/EBIT 9.
That's a 3X discrepancy.
They are NOT really exposed to memory prices- they are exposed to memory CAPACITY expansion- which will expand regardless.
They make silicon products which are consumables used in the equipment to make memory.
I have never done so before- but I have just turned on the 1 week free trial for my stack so you guys can get up to date quickly on the company.
Governance has kept the valuation low- but activists won the recent majority vote- and got the company to buyback shares!
The stock is -20% from my pitch and I sleep so easily because I know this company backwards.
There has been activist win after win that have exceeded my bullish assumptions. T
Mr. Market piles this into the same bucket as the memory trade- its anything but that!
Enjoy!
open.substack.com/pub/archetypec…
