KLIC - Kulicke And Soffa Industries: A Cash Hoarder Riding The Market Wave

• While the firm might be well-positioned to take advantage of the global semiconductor shortage, management seems to be just "riding the wave."
• The firm has only recently begun paying dividends, and it is only paying a fraction of what could be afforded to shareholders.
• Fundamentals do support as much as 94% upside based on forward EPS projections.
• The most recent EPS surprise was very close to forecast, which should have restored confidence in management forecasts. However, investors saw things another way.

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