$IMOS --- bad financial management, great execution EV/EBITDA 1.9x worth $40
$3.3 per share FCF
30M shares outstanding
$7 per share of EBITDA
$5 per share of net cash
management has been spanked for years now. and is/has/will do a terrible job of communicating the value of their organization to americans since whomever is at the helm here doesn't understand how to use debt effectively.
So, if this company was adequately recapitalized one could expect that the stock is worth around $40.
they will be listing a subsidiary in the next 12 months that should unlock 100% upside.
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Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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