Serenity criticizes Sivers management over vague listing timeline and weak messaging on laser capacity
Serenity, known in Chinese crypto circles as the “white-haired stock guru,” criticized optical communications laser maker Sivers (SIVE) for what he described as weak messaging during its recent earnings communication. According to Odaily, Serenity said management failed to highlight the potential commercial value of the company’s laser production capacity and did not make a clear commitment on its Nasdaq listing timeline, a combination he said could deepen market concerns about Sivers’ near-term execution. At the same time, Serenity did not dismiss the company’s longer-dated opportunities. He pointed to Sivers’ plan to add annual capacity for 100 million CW DFB lasers in the fourth quarter of 2027, arguing that the expansion could arrive during a period of tight industry supply. He also noted that Lumentum’s capacity is sold out through 2029, while Coherent and Applied Optoelectronics have shifted part of their laser capacity toward internal product programs. In his view, that setup may create room for Sivers to win customers and capacity agreements. Serenity also said Sivers’ commercialization opportunities with Jabil and GlobalFoundries, along with its previously positioned co-packaged optics, or CPO, project, could see key progress starting in 2027.
