· 个股论点
仔细研究了一下：山村玻璃（TYO: 5210）是个大牛股。你基本上是在免费买入这家企业？其光子学部门的光通信盖（optical communication caps）业务同比增长91%。你仅支付2.4亿美元就买到了一家销售额5亿美元、实际账面价值（工厂、设备、现金）超3.6亿美元且拥有快速增长的AI数据中心光子学部门的公司。此前这被视为价值陷阱，但 -> 他们将股息率提升至5.5%，这是价值已解锁的最大信号。而在2月12日的财报中，他们证实这是结构性的（并非市场担忧的一次性事件）。这基本上就是等待并放松心态？
Took a closer look: Yamamura glass (TYO: 5210) is a banger. You’re basically buying the business for free? And their photonics division is growing 91% Y/Y for optical communication caps. You are paying $240M for a company that does $500M sales with $360M+ in actual book value (factories, equipment, cash) and a fast growing AI DC photonics division. Before this was a trap but -> they upped dividend amount to 5.5%, which is the biggest signal that value is now unlocked. And now from their Feb 12th earnings, they confirmed this was structural (not just one off that markets were fearing) It’s just wait and chill basically?