Share count is not 339m. it is 169M ADS units. Do the math, Divide the earnings by Both sharecounts.. Don't know why, but in the last week Yahoo doubled both figures on their key stats page. Fidelity has the sharecounts correct.
Also, this is not 25M "new" shares. The shares are already included in the eps figures. Tey are shares outstanding but not in the float (102m) BTW, it's 25m "each" HIMX and Innolux. Or 50M of the 674m not currently in the float.
If you are scared, sell your shares and sleep with your cash.
Do you even know how many shares HIMX has outstanding? Do you know that if they had sold these shares and gotten cashh for them, the earnings would still have beat expectations?
Do some math. Take the 25 million shares and divide by the total shares outstanding 339 million. These represent a 7.4% increase in shares..............yet HIMX beat by over 25%.
And, analysts will be raising their earnings estimates.
But you. You should sell so you will not be sacred of making money. I wonder if Obamacare covers fear of making money?????
This post tells me know do not know what your talking about. The shares can't be sold yet as Himax hasn't been granted the right to purchase the shares of the shelf filing yet, and the results, though not as stellar as would hope, were very good. I expected this and sold off at $7 today and will buy right back in first thing in the morning and ride this next wave up to about $8.00 -$8.50 this week.