Industrials
IPO'd in December but is quickly gaining analyst coverage because of its attractive growth prospects - KK is the global no.1 in undersea optical cable isolators. Ever expanding data demand is driving more cable laying and a rising number of bundles per line laid, meaning further strong growth prospects. Meanwhile, it also has close to 100% share in lead terminals for aluminium electrolytic capacitors for EVs. While its lead terminal business has traditionally been low margin, it can sell the lead terminals for EVs at 2-5x the price and as the ratio of its lead terminal sales that are used in EVs is rising rapidly, this will boost margins.
Edition: 133
- 14 April, 2022