Serenity questions the Sivers development strategy: focus on American investors, otherwise valuations are hard to open
According to news from 29 August, Serenity, the White Fury, wrote to question the Sivers Photonics (SIVE) development strategy, which is “ununderstood” by the fact that it remains heavily focused on communication and private fundraising in the Swedish local market, rather than the United States market. According to Serena, Swedish investors in their exchanges are more concerned about “how to stop the bleeding” and “why not to disclose why private customers” “why they focus on transceivers”, leading to about one third of teleconference time explaining lines and language rather than discussing future growth space. By contrast, United States analysts are more likely to be concerned about the distribution of capacity for two crystal-turner plants, the growth of the ASP (average selling price) during supply bottlenecks, and the leverage that these capacities will generate, as well as about the revenues they will generate, as well as about the release opportunities expected by NPO/CPO, plug-in light modules, downstream end-users, and some CPO producers such as Ayar. If Sivers continues to devote more time to the Swedish market, its valuation will also be increasingly influenced by the investment logic of the Swedish market; companies should demonstrate more to United States investors their economic value and potential growth opportunities in the CW laser supply bottlenecks。
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