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MEMSIC, Inc. Message Board

  • asj48493 asj48493 Apr 24, 2013 8:12 AM Flag

    About to Make Huge Percentage Gains like MEMS

    The biggest percentage gainers sin the upcoming months will be stocks with the technology to deliver any video format, over any network, to any IP connected device, and Concurrent (CCUR) could make the #1 largest gains on the NASDAQ. Their close rival Harmonic (HLIT) yesterday ran to a new 52-week high of $6.02 and after the close announced a 1Q non-GAAP EPS loss of ($0.02) down $0.05 from a non-GAAP EPS profit of $0.03 in the 1Q of last year. HLIT's trailing 12 month non-GAAP EPS fell from $0.25 down to $0.20 and HLIT afterhours was trading for $5.89 with a P/E of 29.45.

    CCUR reports on April 23 and they are projected to announce GAAP EPS of $0.09 and non-GAAP EPS of $0.13 vs. GAAP EPS of $0.04 and non-GAAP EPS of $0.08 last year. CCUR's trailing non-GAAP EPS is expected to increase by $0.05 from $0.35 up to $0.40! This means CCUR will have double the trailing 12 month EPS of HLIT and CCUR closed Tuesday at only $6.77 per share! With HLIT trading for $5.89 afterhours, CCUR could be ready to rally to double HLIT's share price or $11.78 per share!

    CCUR has just 8.72mm o/s, a market cap of $59.03mm, $24.6mm in cash, no debt, and an enterprise value of only $34.43mm or 0.55X its trailing revenue of $62.59mm. CCUR has large gross margins of 58.81%, which are 30.69% higher than HLIT's gross margins of 45%. HLIT currently has an enterprise value/revenue ratio of 0.93. CCUR clearly deserves a multiple that is 30.69% higher than HLIT, which value CCUR with an enterprise value/revenue ratio of 1.22 or $11.58 per share!

    HLIT just completed the sale of their cable access business for $46mm. It was barely breaking even with $52.9mm in revenue. It sold for 0.87X revenue when it had extremely low gross margins of 30%! CCUR's gross margins are almost double at 58.81% and CCUR is about to report their 5th straight quarter of profitability! CCUR definitely deserves to be valued today at a minimum enterprise value/revenue ratio of 1 or $10 per share!

 
MEMS
4.220.00(0.00%)Sep 17 4:00 PMEDT