IMO there are too many pros vs cons to bet against Himax.
If you believe Wearable Technology will become ingrained in society, stay with Himax. They will ride Google's coattails to much higher levels.
Double digit growth without Google business
Strong financial condition. increased profitability and dividend.
Strong, well educated management. Check out Wu's background.
Google Due Diligence confirms legitimacy of Himax's accounting.
Stock now over $5. Will peak interest of more institutional buyers and money managers.
Continued growth in Smartphone business in developing countries.
IMO, The 8/15 quarterly earnings will be in line. Himax has always been conservative in their estimates. More importantly will be their forward guidance which will include some Google Glass projections.
IMO will reach 9 by end of this year and get to 12 by the middle of next year. Google Glass and other wearable technology applications using Himax products will dictate speed at which these levels are reached. Would love to see all the short term holders move on to something else. This is the best buy and long term hold I have seen since Google.
I believe in wearable technology and for that reason. I'll buy better names making the very same products. HIMX is not best in class. Do any of you have IT backgrounds?? Competition is endless: MU, TXI, LG, Siemens, TOSYY. HIMX does not deserve a market cap over $700mil
I am a CIO and very familiar with I.T. and wearable tech. HIMX is a supplier, not the end game you #$%$ moron. You are a #$%$ and a #$%$ #$%$. HIMX is a huge player in this space. IF HIMX supplied Apple I would be short for sure you #$%$ #$%$,
Why then did Google pick Himax? They certainly know best in class or paid someone to tell them who it was. Their current market cap is well deserved based on their past, present and expected future performance.
Seems the five analysts following himx concur with you. Two give it a BUY, three give a STRONG BUY rating. Zacks also gives HIMX a strong buy. .Q2.? ..Anything over $0.12, stock should soar. If less, forward guidance will come into play where the stock goes.