several big vacancies coming up in the next year. that will hurt, but that is why it is selling for $8.50 when the NAV is SUPPOSED to be around $16. I don't know if $16 is correct or not. As you know they are deleveraging the balance sheet and have bought back some of their preferred shares. I assume Clinton will be a plus for them compared to Trump or Cruz. But in the long run, the national debt is going to eventually take a toll on the Washington area as the government has to cut back. On the other hand, private industry is much greater in the area than it used to be. I hold a position and am hoping for the best.
He needs to look after someone! It might just as well be himself. It really does show a lack of faith in the company. He is obviously a CEO who will not go down with the ship. I am not an activist, but this is one company that really should put itself up for sale. The competition is strong, and TDC has done nothing for 5 years. I think there is a growing chance that the value it currently has will start to diminish more rapidly in the coming years. Of course, what do I know. I just read the headlines and see what others have to say. Like all of us, I know of CEO's and BOD's who never think of what is best for the company or its owners. Sometimes it is on purpose. Sometimes they simply don't have the vision to do so. I am surprised First Eagle has not pushed for some reforms.
then BMO should say "strong buy" based on valuation. I hope they said that. Certainly, they did not say to buy because the price of things they sell are falling.
"leveraged to eroding plywood fundamentals", then why upgrade to strong buy?. Didn't they say anything positive in the report?
they saw the seeking alpha article and are now selling the stock short. I am concerned. I don't think the CEO of KTOS can do enough to have this company survive, especially if the article is accurate. If it is, he really needs to step down or sell the company. after all, how does KTOS take on Lockheed, Northrup, and
Boeing. I am long but may taper my position. I think Heartland and Royce have it wrong.
If one or the other owns a particular stock, I will check the stock out. If both are in it, that gives me a lot of confidence to buy. I have seen them wrong before, but the odds are in your favor to buy. Keep in mind though that they are long term holders, not looking for a quick profit and theAn run. This is not an endorsement of the CEO. I think someone else would likely have run the company much better. The $600 million in debt at 9 percent was a terrible mistake in my opinion. That mess is finally being cleaned up. Overall, I understand the disappointment in the stock by many on this board. I think many BOD would have had a vote of no confidence by now. We all know that there is risk in the stock. It's selling at $4 for a reason.
July 2015. I will not mention the CEO. His comment was edited out of the transcript. I am long KLIC. Not a short! this CEO has called for wire bonding to end for about 10 years. So yes, eventually he will be right.
Bank Of America analyst says the same thing. He has a price target of $11 on KLIC. I had sold about 20 percent of my KLIC holdings at about $15. Wish I had sold them all. (And I didn't think I was being greedy by holding). Now I think I was being greedy since it was about a 40 percent profit. As I get older I try to buy and hold more. With technology companies, that is a mistake.
a CEO of another large semi company said on his company's conference call that wire bonders are a dying market and that currently the market for them is dead and that is why the share price for these companies are going down. he has not always been right on his calls. Worried that he might be right this time. The stock price is currently discounting a lot, but agree that with a disaster, it could go down to cash value. They really need to show some sort of success with advanced packaging. Or they need to make some sort of successful acquisition with the cash. We will find out Tuesday. I just hope there is some good news somewhere in the company.
Question! How much of the wire bonder market is capacity driven? How much of the market is replacement of existing bonders? Not gold to copper but due to wear and tear!
I don't know! No growth in earnings, poor investor contact (no or little coverage), investors looking for high fliers rather than a more conservative stock. Not certain if any of the above are the cause. Also, add in two classes of stock to make things confusing.
I know the company well. Have bought and sold the stock for about 25 years. In the end, Art and Bruce might just do the right thing. But that likely will take another 5 years.
I guess you guys are like me. I listened to the conference calls and said why sell with such a good outlook. I guess I just didn't do my homework. but if you cannot believe the CEO, who do you believe! Is there any chance this stock will turn around? I have almost a 50 percent loss.
I must have listened to a different call or I just missed it. I think they mentioned some upgrades coming in 2015.
the OPLK conference call was the one where management said they were slowing the share repurchase because the board was looking at other alternatives to return cash to shareholders. I like that Royce is such a large holder of the stock.