Executives forgoing bonus for stock incentives, says volumne on their bullishness on stock performance.
If you read the company's filings last year you will see that as a foreign issuer they are exempt from a number of reporting requirements relating to insider ownership, etc. The adoption of a stock option plan was the final straw that triggered my increased investment in this stock. I have been well rewarded, have taken over 50K in profits and still hold 20K shares. The reports on reduction in screen orders by Apple from Japan Display and Sharp caused me to take the profits, however I now believe this may be related to changing over to new specs for improved quality screens mentioned here some time ago and controlled by Sharp. I expect another sharp run up in the share price because the quarter will be good and the price has been dropped significantly over recent months. The caveat is Q1 guidance and the question is do you hold if it indicates a temporary slow down in orders?
"The caveat is Q1 guidance and the question is do you hold if it indicates a temporary slow down in orders?"
I think you answered your own question in your comments that preceded the question. For all but those with the shortest term investment strategies, Nam Tai is definitely a buy because of how well the company has been positioned and it's strong balance sheet. Management foresight
during the economic downturn is now paying off and the rewards are only just beginning.
Hopefully my strong confidence in the company won't be betrayed by tomorrow's call and I won't be eating these words!