One of the directors, Sehat Sutardja (founder of Marvell Tech) has been buying millions of shares in the last couple months, and owns more than 13% of the company currently. Another director bought more shares last week as well.
The market was severely turned-off by the FT articles findings and largely lost trust in management.
How they calculate adjusted-EBITDA is indeed a bit dubious. But there absolutely is upside at this price and valuation, if those earnings do in fact materialize. Nice analysis.
One of the directors, Sehat Sutardja (founder of Marvell Tech) has been buying millions of shares in the last couple months, and owns more than 13% of the company currently. Another director bought more shares last week as well.
The market was severely turned-off by the FT articles findings and largely lost trust in management.
How they calculate adjusted-EBITDA is indeed a bit dubious. But there absolutely is upside at this price and valuation, if those earnings do in fact materialize. Nice analysis.