second and third quarters dont matter...sales will ramp end of year into 2017 as new wins are placed into production
It almost has to after it was lead underwriter of UNXL secondary offering last month at $1.50....Double your money if you bought our deal. Landenberg Thalman thinks its worth $6......Crazy
They are underestimating revenue growth and earnings power...$5-$8 stock
With the combination of Atmels technology and its own UNXL has won over 17 new contracts and building. The revenues will start ramping at end of year and continue building for the next three years...
They couldnt get enough of it at $1.60 now no one wants stock
the stock is just finishing digesting the secondary offering then it will explode higher on new deals etc....
Ladenberg ups its price target to $5.50 and there has been increased buying last three days. Something positive is coming.
Love to read it. Where can I find report. Love to see how analyst justifies valuation at $5.50.
if there is no news to support the dramatic move higher
obviously there is a chance they dont execute on all the new orders but the new manufacturing processes and the volume orders will produce higher gross margins and operating profits more consistent with profitable technology enterprises...rather be long under $1.75 than short
who cares about this quarter or even next quarter...all the new orders will start ramping in back half of year and the 2017 will be a homerun
If you are referring to me I have big gains in this after buying under 55 cents and averaging in all the way to $1.50. I then sold over $2.50 quadrupling my money. I have since been averaging back in below $1.50. As for the negative margins. They have greatly improved the yield and manufacturing process which is from Atmels business when at scale will have very profitable gross margins. In addition their technology is only now being adopted on a large scale basis which will allow for better lead times and huge revenue gains as they get all the programs up and running. Atmel was their only real competition so pricing is now favorable as well. They will grow revenue in the next few quarters and then sequential revenue will ramp for the next five years. Thats why this is a buy.
It had a $420 million valuation back then and #$%$ products and technology. Its an easy double from here. Buy any weakness.
once the stock digests the $1.50 stock it will be back off to the races....