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Yes. I genuinely don't have a clue why $SIVE still focuses on local Swedish markets for communication/private fundraising. Over the US. The questions you get from Swedish heavy audiences include: - Leading questions like how would you "stop the bleeding" - "Why can't you disclosure your private customers" - Why focus on transceivers (it's obvious) - Implications for non-photonics orders So 1/3rd of the time, the CEO needs to be defending leading/accusatory questions around what "opportunity pipeline means" US analysts would have pressed: - Economic implications from 2 foundry allocations during a bottleneck + ASP hike/operating leverage - Around much capacity revenue would those allocations lead to (half of AOI calls are around those from US analysts) - $GFS NPO/CPO/pluggable scale implications and downstream end customers opportunities - Ayar / CPO player 2028 ramp (that happened to raise $500m+) or other products like ELS production with O-net and TAM opportunities there. - How big those 6 new pluggable players were, rather than asking "why can't you disclosure them" - Clarifying CFO legalposts around listing timeline and M&A TAM expansion opportunities So investors can get a sense of future growth for 2027-2028. Instead, the way leading questions are framed/answers, the entire calls were focused around current financials (which US investors don't care about), non-photonic implications, or skepticism of wording. Rather than exciting US investors about economic implications from their time in a CW laser bottleneck. The more time $SIVE spends in Swedish markets, the more they will be valued as such.

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@aleabitoreddit Did you listen to yesterday's interview?

Kuba10289563 ↗
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