作者分享个人笔记，提及多家公司因持有子公司股权而存在NAV折价交易，认为Wistron是增长迅速的独立标的，同时指出韩国股票存在治理问题，偏好有H股上市计划和激进投资者的ACMR和
作者分享个人笔记，提及多家公司因持有子公司股权而存在NAV折价交易，认为Wistron是增长迅速的独立标的，同时指出韩国股票存在治理问题，偏好有H股上市计划和激进投资者的ACMR和WUS。
“In terms of personal notes: 1. Priortech owns 21% of $CAMT, ~1.35x their MC, seems more like holding co. 2. Bit Digital people kept shouting, but NAV discount is not clean $WYFI, lot of dilution + not AI parent. 3. Wistron (3231) is the best one I've seen since $SIVE + Ayar + Wiwynn are one of my favorite trio. ~$16.2B MC, Q1 revenue up a ridiculous amount with 144% Y/Y growth. Owns 35.46% of Wiwynn, which is ~0.66x of MC. I'd expect Wiwynn to keep on growing. 4. Sin-American Silicon 5483 does own 46.64% of GlobalWafers (6488). MC is $3.5B, stake value is ~$7.9B, but not exactly growing too fast independently, though it's heavily trading heavily discount to NAV. 5. Iljin Holdings owns 42.99% of Iljin Electric, it's ~$0.22B MC vs. ~$1.13B NAV holding. This was transformer/cable DC related. But again idk if I trust korean stocks for NAV unlock, probably better for activist investors. 6. Simmtech Holdings was ~$0.17B MC vs. ~$1.0B of parent, which also looks ridiculous. So 6x+ NAV. PCB substrate related name. Also another prob don't trust korean governance type name. I think both $ACMR and WUS have H-Share subsidiary listing soon, and those were the biggest NAV discounts with independent growth. Then you have a highly successful activist going after WUS so I'd expect some middle ground there. So maybe I'll put more concentration into those on top of what I already own Monday, we'll see. And Wistron was growing very fast independently. I'm still doing research, normally this goes in shower thoughts since I haven't formally made a conclusion, but thought others might be interested.”原帖：X / @aleabitoreddit ↗