back up the truck on HIMX. Stock going to 15. No Joke.
We know the company has 12 million to buyback stock. They also increased revenue & earnings guidance for this & next quarter. They raised the dividend based on future growth. Margin has increased during the 1q. This company is firing on all cylinders and its time to load up. It does not make a difference who their customers are or what products their customer are using HIMX tech in. The fact remains higher dividend, buyback, higher earnings, Higher revenue this is the grand slam. Do your own research
The 22 to 25 million shares need to find a home among longer term investors. This is going to $15 but I suspect it will be after the estimated $0.61 for 2014 becomes reported as $0.75 in February of 2015 and then they report another good divdend in July of 2015 (if they are not paying quarterly dividends at that time).
In summary, I am thinking $15 in August of 2014 or 25-1/2 months from now. Still, I will take that kind of return............with annual dividends along the way.