Clavicular and Hexumlite started trolling these girls after being invited to their house, saying they’re only there to raid their pantry 😭
“I’m at your baby momma crib eating leftovers man”
“We’re gonna drink all the capri suns”
Nah markets are trolling now… $ESMT ($2.3B MC) memory earnings + investor conference:
- Revenue: $679.4M
- Gross profit: $526.2M (77.44% margin)
- Operating profit: $403.4M (59.37% margin)
Annualized Q3 would be $1.61B operating profit.
They’re also sitting on $757M net cash + $278M in inventory…
So you only need ~3.5x more quarters until they exceed their marketcap in assets.
- Economic Daily also reported that management does not expect a meaningful increase in DDR2/DDR3 supply in 2027 and believes prices can be maintained
So yes, I think markets are trolling now with selling off a 1.59x p/e (annualized) company.
Since further price hikes are expected Q4z