SVW has fallen -6% over the last week taking it down 18% below its 2021 high although it has clearly enjoyed a great recovery from its COVID low under $9. This highly diversified business operates in everything from TV to Telco and mining equipment making it hard to value at times. The company raised money back in April at $22.50 which looks opportune today with the stock ~10% lower and over recent weeks we might be seeing some disgruntled buyers taking a small loss on the chin. As we said there’s a lot of moving parts in this business and at today’s prices it doesn’t scan as overly cheap.
MM is neutral SVW
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