Good company. They were also recently floated on the stock market by KKR, which has since significantly reduced its stake.
Of course, it is a niche market and they are very dependent on the cycles of the memory giants. Among the Japanese semiconductor manufacturing equipment manufacturers, I would clearly prefer Tokyo Electron $8035. Tokyo Electron is of course already 10 times the size of Kokusai Electric, but they are also growing at double-digit rates per year. They are also much more diversified, but in your post it sounded a bit like they are the one that is mediocre in everything. However, this is not true, as they are the undisputed world market leader in several niches such as coaters/developers. They also invest heavily in the high-end sector. I have been invested in the company for some time and am convinced of its merits. Advantest $6857 is also a very good company in the sector, but relatively expensive. Nevertheless, it is another champion in its field.
So Kokusai is a good way to surf the memory wave, but if you want to position yourself more broadly and still invest in innovations and technological bottlenecks, then in my opinion you should go for the big industry champions. $8035 $6857
Of course, it is a niche market and they are very dependent on the cycles of the memory giants. Among the Japanese semiconductor manufacturing equipment manufacturers, I would clearly prefer Tokyo Electron $8035. Tokyo Electron is of course already 10 times the size of Kokusai Electric, but they are also growing at double-digit rates per year. They are also much more diversified, but in your post it sounded a bit like they are the one that is mediocre in everything. However, this is not true, as they are the undisputed world market leader in several niches such as coaters/developers. They also invest heavily in the high-end sector. I have been invested in the company for some time and am convinced of its merits. Advantest $6857 is also a very good company in the sector, but relatively expensive. Nevertheless, it is another champion in its field.
So Kokusai is a good way to surf the memory wave, but if you want to position yourself more broadly and still invest in innovations and technological bottlenecks, then in my opinion you should go for the big industry champions. $8035 $6857
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@PikaPika0105 I am already invested in Advantest. I had seen a fairly positive report on kokusai the other day. That's why I took a look at the figures. And because I liked them, I wanted to introduce the company to the community. What do you think of the French company that I introduced yesterday?
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@Tenbagger2024 Advantest you had a good start!
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@PikaPika0105 oh yes. I'm just annoyed that I didn't get in with a larger position.
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@Tenbagger2024 I'm annoyed that I hesitated at €30 because I didn't have any money and didn't want to sell anything else.
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@Tenbagger2024 I personally found the French company rather uninteresting. Growth is limited and France is currently politically unstable. Sales were also very low in general.
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@Tenbagger2024 Which French company?
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@PikaPika0105 I am out of Tokyo Electron and ASML.
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@Tenbagger2024 I am also out of ASML, but not out of Tokyo Electron
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•@PikaPika0105 actually wanted to get in at $LRCX. But the valuation is now simply too high.
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