@Fatman8 email from Coby about intensive business meetings after a CR to accerlerate the short term discrete without selector that someone, obviously too big to ignore, approached them to accerlerate development of brings these CR inv deck slides into focus IMO.
The above slide confirms a minimum $2.5bill short term opportunity and another $3bill split between short and medium term. Market growing annually will take this to $6bill combined by 2025. There is zero alternative or competition for this discrete without selector. LTHolders will recall the $2.84 CR to pivot and accelerate the 28nm node that led to the now awaited 22nm Tier1 deal. So why the CR and intensive meetings this week. Look at the above slide in relation to the top 3 items. The $12.1mill for discrete solutions is obviouly fo the short term discrete without selector and then looking a the top slide re addressing commercialisation of this dicrete opportunity joint ventures with dicrete foundries stands out as an easy route to achieving this now short term goal. It is my belief that the company or companies that approached WBT for the discrete without selector wanted surety they could deliver in this macro environment and that is why this CR came "out of the blue". Coby having intensive meetings straight after the raise certainly gives the joint venture angle as a very real "out of the blue" announcement that may take the market by surprise. While blind freddy can see someone leaked the CR info, LTHolders know it was not WBT and we can be sure that no such leak will happen if they do announce a joint venture for discrete without selector in the near term. Would be perfect if it caught the shorts out and am certain Coby and Dadi would love a bit of revenge. This is just my opinion and something I have thought would happen a while now. Was not surprised by the CR at all but can understand many were not happy with the price. If what I think is correct this discrete market opportunity will dwarf the embedded in both size and margin in the short term. Looking forward finding out just how big this is and don't believe we will have long to wait to find out. Whilst a 50% pull back is devastating it in no way means this rally is over. If the shorts have to cover due to a left field announcement as per above much of the damage they caused will be undone. My bet as always is on WBT, Coby and his team.
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