This stock is going to double as they aggressively double the gross margins. There's a lot of slop in this company that they are intelligently refining. I predict $30 a share next year at the latest. So split that in half and $22 is still great
interesting. i'm going through their 10k and going to listen to the last CC, a landed on this stock through a reference in i think the MIT tech review magazine and have just begun poking around. it's not a small operation exactly. what do you see as the big positives moving forward? (i'll be doing my own dd but you seem to have a handle on this so thought i'd ask.)
I wish I could offer something. I bought at 15.50 as it rose from its last pullback. Now this pullback is deeper than the one where I bought. My patience is getting thin because it has broken my model now.
i was doing some reading on what they offer, looking to see if their business aligns with any broader trends swinging into view. there are many mentions of their products playing a role in the 'internet of things' as more devices are reactive and wired to the internet, but i'm having trouble figuring out whether they are really in a unique position to benefit disproportionately.
The negative book value is quite the attraction for me. Next we have a company that needs the current upturn, now in its 4th year, to continue for 4 more. A company that has lost market share consistently for over a decade. Semis are a maturing market, the days of 14% CAGR are over.
By the way, when I wrote the above, I was aware of the results. At this moment, FSL is up nearly $1.50 or nearly $360M in market cap. As a reward for beating a sales number by a couple 10's of millions, and a net loss of $9M in Q1 vs what could have been worse, I suppose. The market is a strange beast, I wonder how Graham would value such a stock.