Thu, Jul 24, 2014, 8:17 AM EDT - U.S. Markets open in 1 hr 13 mins

Recent

% | $
Click the to save as a favorite.

Nam Tai Electronics, Inc. Message Board

  • gman1976805 gman1976805 Aug 30, 2013 6:16 AM Flag

    Extension of production order

    12 million more units for period ending in December. It looks like Japan Display is having a bit of a tough time setting up their new supplier on time and at a lower cost than NTE.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • topline1@sbcglobal.net topline1 Aug 30, 2013 10:46 AM Flag

      Yes and every extra unit beyond now should be considered gravy. They be using the cash generated to move into new opportunities.

    • given the stock performance in recent weeks and early news about TWO new IPhone models hitting the market in September this was actually pretty much expected.

      While it is unlikely that the IPhone 5S will be a huge winner (the tiny 4" screen will continue to hamper sales no matter what other technical innovations Apple might put into the phone) the real wildcard is the IPhone 5C which could become a huge success albeit almost certainly at the expense of the IPhone 5 / 5S.

      So I still don't see a way for NTE to get out of the lose / lose situation. Sell.

 
NTE
7.020.00(0.00%)Apr 21 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Facebook, Inc.
NasdaqGSWed, Jul 23, 2014 4:00 PM EDT
Ford Motor Co.
NYSEWed, Jul 23, 2014 4:00 PM EDT