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GT Advanced Technologies, AŞ Message Board

corning2retire 5 posts  |  Last Activity: Jul 7, 2016 9:26 AM Member since: Jan 5, 2006
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  • Reply to

    up 3% in the pre-market

    by dbtunr Jul 7, 2016 8:30 AM
    corning2retire corning2retire Jul 7, 2016 9:26 AM Flag


    LG Display: Olympics Boosts TV Sales

    Korea’s TV and smartphone panel maker LG Display (034220.Korea/LPL) rose 1.9% amid heavy buying after competitor Samsung Electronics (SSNLF) reported the best quarterly earnings in 2 years.

    Helping LG Display’s stock today is also a few bullish calls from brokers such as Morgan Stanley and CLSA.

    LG Display has not been an investors’ favorite, because it has quite a few structural headwinds. Its core LCD business always has the tough Chinese competitors to contend with, while its newer OLED business is not as advanced as Samsung’s. So when Apple (AAPL) switches its iPhones next year to OLED, LG Display, which currently supplies LCD screens to Apple, may lose the smartphone OEM’s business.

    But there is something going for LG Display – it is cheap. It trades at only 0.8 times book.

    CLSA upgraded LG Display from Sell to Outperform. Analyst Sanjeev Rana thinks large TV panels’ selling prices have already bottomed in the second-half, as Samsung exits the more commoditised field. Credit Suisse already upgraded the Taiwan LCD TV makers last month: “Credit Suisse Sees Large Shift In TV Market“.

    Second, consumers are likely to buy big TVs to watch this summer’s Olympics.

    Third, pure seasonality. Apple will order more screens as it prepares to ship iPhone 7 in the fall. “Due to demand seasonality, size migration and shipments of the new iPhone we expect 3Q/4Q area shipments/ASP to grow 7%/4% and 9%/8%,” noted CLSA.

    Sentiment: Strong Buy

  • Reply to

    some good action today

    by dbtunr Jun 30, 2016 2:26 PM
    corning2retire corning2retire Jul 1, 2016 9:37 AM Flag

    Patience. It's in our genes Hobo!

    Sentiment: Strong Buy

  • Reply to

    some good action today

    by dbtunr Jun 30, 2016 2:26 PM
    corning2retire corning2retire Jun 30, 2016 9:59 PM Flag

    Only $4 more and you are out!

    As if it would be impossible for this stock to run past it's previous high of 29.60! It's gonna go SCREAMING past 30 in short order! Then, the dividend will bump nicely!

    Long and strong baby!

    Sentiment: Strong Buy

  • corning2retire by corning2retire Jun 11, 2016 11:32 AM Flag

    Typically, EPS is taken from the last four quarters (trailing P/E; referred to as TTM for trailing twelve months)

    To determine the P/E ratio, investors can divide the stock price by EPS. For example, Coca-Cola Co (KO) on June 18, 2014 traded at $41.56 per share with an EPS (TTM) of $1.87, so the P/E ratio would be:

    Stock price ($41.56) / earnings per share ($1.87) = 22.22

    Corning stock price ($20.52) / earnings per share ($1.31) Earnings History Jun 15 Sep 15 Dec 15 Mar 16
    EPS 0.37 0.34 0.32 0.28

    Corning PE= 15.66

    Why on earth does Yahoo use EPS of .40 to calculate GLW's PE to 51.82?

    Sentiment: Strong Buy

  • Reply to

    GLW at Bernstein conf today

    by dbtunr Jun 2, 2016 4:24 PM
    corning2retire corning2retire Jun 3, 2016 8:47 AM Flag

    " buying back about half of our current market capitalization"

    Golly, I wonder what impact that will have on EPS?

    Happy Friday!

    Sentiment: Strong Buy