WUS Printed Circuit (2316 TW) trades at ~1B USD market cap despite holding an 11.26% stake
WUS Printed Circuit (2316 TW) trades at ~1B USD market cap despite holding an 11.26% stake in WUS Kunshan worth 4.42B USD, plus a PCB growth business poised to benefit from AI demand.
“I agree with Palliser Capital here. As a shareholder, it’s just so stupid how WUS (2316 TW) MC can be ~$1B MC. While they own a 11.26% stake of WUS Kunshan, a $39.3B (¥282B CNY) company… Which is worth $4.42B pre-tax. Just sell 1/4th or something? And you get an extra ~$1.1B for PCB growth at the inflection point with AI demand. Which is more than your current MC pre-tax, purely in cash. And there’s still $3.3B in assets + markets might revalue your company because of willingness to trim locked up assets. Nobody is asking you to trim everything, but the NAV disconnect is insanity. WUS TW management should really reconsider.”Original post：X / @aleabitoreddit ↗