Company does not present itself well to investors. No one can tell what the direction of customers and sales are heading. Himx has unused share buyback authorization and it seems to be dormant. Over $100 million in cash is not being deployed and their technology only has one or two year lifecycle. Maybe this really is a 7-8 stock.
I would think Q3 would be the strongest on top line and earnings due to holiday pre orders. I thinks Q3,guidance of 12-14 cents is likely.
Here is John's response:
You invest at your own risk. If you can't handle the volatility of a high beta stock, then buy muni bonds and turn off your screen.
same for me. Cash on balance sheet is almost $1.00 per share & if they earn $0.20/share in 2016, the PE is well below 10 ex-cash.
does it come with a four-litre or six-litre engine option??
My guess is 12-15 cents dividend. Part of problem with company is that they have a nice cash balance and it is never used. Either acquire something (save on R&D costs), buyback shares (would have been a no-brainer at under $8), or develop partnerships.
Waiting for VR to make it to the market is not keeping up with the times of tech,
'management is furious with what's going on'
based on the market you would think the headline read 'Fireye hires Goldman to seek buyers'