Himax Technologies Schedules Fourth Quarter and Full Year 2013 Financial Results
Conference Call for Thursday, February 13 at 8:00 a.m.
TAINAN, Taiwan, Jan. 23, 2014 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. ("Himax" or "Company") (HIMX) a leading supplier and fabless manufacturer of display drivers and other semiconductor products, will hold a conference call with investors and analysts on Thursday, February 13, 2014 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's fourth quarter and full year 2013 financial results.
Darb, expect to see the usual "Not until the 13th" posts. "Something is wrong, they delayed".... etcetera... I'm sure there are a few more that will pop up.
It will be interesting to see where the stock heads today after yesterday. All time high closing was nice. Don't underestimate the MM's desire to shake it hard after a good up day with high volume (and good upgrades this week). Lots of MOMO investors who jumped in yesterday will be watching their pennies nervously today.
I am not surprised that the date is set at Feb. 13, think about Chinese Luna New Year is at the end of Jan. Almost all companies shut down for long vacation (at least 7 days), do you expect that once they come back from long vacation, they will report earning right away? This is the culture difference between Taiwan and America.
Keep in mind that they are in an explosive growth area of time in their history. That said they need to make sure they comply with all the regulations concerning the Google deal and what that meant to the reporting needs. To me they are just getting their ducks in order and making sure they covered everything. That is what conservative companies do. Once the smart money figures this out we start to move forward again. Now that we know the real date getting to my fair value target of 17.33 could hit by the time we get the announcement itself. All JMHO.