I have been following this stock for a long long time and IMOS is in the best possible place right now:
- plenty of cash
- business is blooming on multiple fronts
- No supply glut insight ++ ASP is holding steady
- Margin in improving
- Capex requirement is reasonable (unlike the crazy 2006 years)
Could not believe this is still a 670M market cap stock where in an era where a market cap of 16B is placed on a company that has no revenue and providing free service (WhatsApp). Even the struggling CY has a market cap of 1.5B.