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Himax Technologies, Inc. Message Board

  • markofbklyn markofbklyn May 24, 2013 12:05 AM Flag

    15.75 by Labor Day

    Your probably saying this guy is crazy to say that himx will hit 15 by labor day (September 3) but let me explain. Everyone knows that himx beat on earnings, beat on revenue, increased future earning, increased future revenue and not to forget that they still have around 25million of buyback that needs to be complete. Him will announce in June their annual dividend & it will be higher than last year. All mutual funds that buy dividend will buy this company since the MKT cap is over a billion (minimum for most funds are 1 billion MKT cap to invest in the company). The company has increased their dividend which is a sign of growth & stock is over 5$ usual minimum price of a stock for funds to invest in. Earnings will be announced in august & it will also provide update on new clients & major development. All this says the stock is heading higher. Technical, fundamental & momentum chart indicate at least a 15.75 price on the stock. Good luck.

    Sentiment: Strong Buy

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8.89-0.46(-4.92%)Jun 24 4:00 PMEDT