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SENASTE
The liquid cooling technology company Asetek has just sent out another profit warning this year. The COVID-19 shutdowns in its China production have triggered major supply-chain issues for the company. Combined with component shortages and increasing freight costs, Asetek is in a perfect storm. We consider these factors to be short term and think long-term fundamentals remain intact. However, the company's plan to exit its existing Datacenter business is disappointing.
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