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Himax Technologies, Inc. Message Board

  • haschultz1 haschultz1 Jul 18, 2013 10:27 PM Flag

    HIMX Thoughts

    Random thoughts on HIMX:

    - SWKS & CY had good earnings & bullish outlooks. This shows the strength in the smartphone & tablet & perhaps laptop markets. The Analysts get the market strength wrong as they only look at the major manufacturers & miss the generic 'white box' manufacturers in China who are growing. These generic 'white box' manufactuers are the ones feeding the growing market for lower cost phones/tablets/laptops (and why Smasung, Apple, etc. need a lower cost phone)

    - Read the 1Q 2013 Conference Call as HIMX says they have good traction in this generic 'white box' market in China. That bodes well for HIMX earnings

    - HIMX is under accumulation by the Market Makers & is not being shorted. The short reports don't show much new shorting.....even with the Innolux sales. I was suprised but this is what is shown by the short counts.

    - HIMX is held in check by the MM's who are accumulating. Strong buying is the only way to break this pattern. That will come with Dividiend Re-Iinvestment Plan (DRIP) buys on 29-July and then into earnings............unless we get news.

    - Sellers would not be trying to push down the share price. They would let the price come to them. But, the MM's are hitting sell stops and depressing many holders into selling and it is working for them.

    - This is a great time to accumulate. MM's may try to push this under $5 and trigger margin calls but DRIP is coming in 7 trading days

    - Watch the reporting of 2Q 2013 Institutional Holdings and see who has all purchased HIMX.

    - Many institutions bought the 22+ million and then the overallotment sold by Innolux. Long term that is bullish.

    - HIMX did not have to raise the dividend by 400% (from $0.065 to $0.25) and only did because they have confidence in their future. Note that this was done after the end of June which was the 2Q 2013

    - HIMX raised guidance for 2Q and investor conferences. They should beat & guide higher than than the conservative estimates now for 3Q 2013

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