MIPS AB: Q2-23 Thesis Tracking, Expected Soft Demand, Recovery in Q4
MIPS fell 15% to SEK 433/share after a soft Q2 results - but this was expected and as long-term thesis intact and share price meets my base case.
MIPS AB is a monopoly in bike helmet safety systems, a compounder in the making.
I am bullish on the long-term as MIPS has multiple enduring competitive advantages that will prove chal…