Well, it's the first time I recall Dr Lu not effectively calling an analyst stupid. I was disappointed, but he's so subtle that I may have missed one. I also didn't hear "profitable growth" even once. The new themes are maximum total output without overtime, and gaining market share from competitors. These may actually be easier for analysts to follow.
The business plans seemed to anticipate 2-4 quarters of punk economy, which may be over-optimistic.
The reason the Q3 report was postphoned several weeks is because Diodes was facing a disaster in terms of results. So the reaction today is no suprise and could have been much worse. They are in survival mode at present as are all companies in this sector. Way too much inventory in the channel and their focus on ICs has not been that effective. They are fab filling with low/no profit discrete products which will not be supported when te situation improves. Diodes is one of the best firms at putting lipstick on the pig, but it will be a tough couple of quarters.
Same things they’ve been wining about for 6 months, only it just keeps getting worse. Prospects for next quarter look even worse and I’ll bet they warn again in about a month. Don’t know who are the bigger morons; Diods management or the so-called analysts. I’ve had enough of this dog.