Professional
Added to YB: 2024-06-11
Pitch date: 2024-06-05
6920.T [bearish]
Lasertec Corporation
+11.34%
current return
Author Info
Scorpion Capital specializes in intensive, differentiated research which uncovers what investors have missed and Wall Street is paid to ignore. Sign up for the newsletter.
Company Info
Lasertec Corporation engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.
Market Cap
JPY 1.0T
Pitch Price
JPY 35.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.67
P/E
13.09
EV/Sales
4.13
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
[short] Japan’s Most Actively Traded Stock Is A Colossal Fraud And Ticking Time Bomb, Reminiscent of Olympus, Toshiba, And Other Infamous Accounting Scandals
Lasertec (6920.T): Alleged fraud w/ defective EUV tool; angry customers TSMC, Intel, Samsung; $1.1B inventory overvalued 65-70%; margins fake; little cash; 'new' A300 a cover-up; KLA's tool in '25 'devastating'; R&D campus empty; impairment to wipe out profits. Big risks ahead.
Read full article (84 min)