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Melexis NV (MLXS)

Brussels
Currency in EUR
Disclaimer
81.60
-1.20(-1.45%)
Closed

MLXS Comments

MELEXIS (see under) today enters the BEL20 index in Belgium, so it surges today and further on. While institutionals are buying for their portfolios.
I'm now at 3,90% gain. Good luck for you as well Jozef!
 Melexis will rise in the long term, because of the shortage in car related chips. Once the supply chain  is normalised, prob. later on this year, it stays as an important supplier like before the crisis. The shortage now is due to the fact that car manufacturers have no stock (just in time delivery) and have to conquer the other manufacturers now.
I run this stock together with ASML (wich I bought at 414,-)
overestimate shares ... P/E >26, while the average for semiconductor companies is 18-19...
Producent of a lot of car chips (sensors in the frontwindow f.e.} and now there is a big shortage worldwide, because of the just on time delivery in the car manufacturing, The corona crisis halted the car related chips sales in every manufactory. Now the time is back to cash and don't forget: coca cola was always overvalued but everyone drinks coca cola. Tesla's P/E ratio on the other hand...
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