I suspect, John, that you are either a short in sheep's clothing, or you are not a very sharp investor. Your modus operandi also suggests you are possibly both.
LOL...right. JohnDoe writes multiple posts bashing a CEO who has built a billion dollar enterprise for not adopting JohnDoe's brilliant strategies for supporting the share price and you call me condescending? That's precious. Perhaps you should buy yourself a dictionary and learn the meaning of the word. Really, can you narcissistic jackholes go find somewhere else to play your games so that real investors can actually use these board for the purpose they were intended? FO
Think of it this way. CSIQ's project work is like being a real estate developer. Develop and sell. Yieldco is like being property owner leasing property...you acquire the asset for a recurring revenue stream. Different business models, but long term Yieldco can provide more price stability assuming solar electricity remain price competitive.
The problem is that CSIQ's current ratio is barely over 1 and it needs to maintain liquidity for project bidding and possible development of a Yieldco. It can't buy back stock, develop new projects and establish a Yieldco with its current financial situation. More project sales will obviously improve the situation, but I suspect not enough to do what you suggest.
I know a few officers in San Francisco. They are part of a pilot program requiring them to wear body cameras. They're not thrilled about it -- not that it's incriminating, but because the time to prepare reports goes up when you have to cross-reference and harmonize with recorded media. Just means more time at the desk than doing their jobs. But, I think you're right. It's the future.
I recently scrolled through charts on many of my small cap holdings and about a dozen others that I do not hold, but track, and a large majority have a substantially similar pattern: a peak in about March 2014, and a steady decline of up to 30% or more in value since that time. There are of course a few exceptions, but most follow that pattern. These declines have come despite improving fundamentals in a number of the stocks I follow.
This tells me that there has been a broad abandonment of small caps in the midst of record breaking highs in the S&P and Dow. What concerns me is what happens when the air comes out of this market balloon? If my premise is right, how badly will small caps be hit? Will they be spared because they are down so low? There's a real divergence with small caps right now and I'm trying to assess how that should be viewed. Thoughts?
Interesting. InFocus is a pretty well established manufacturer that started with business quality projectors, and has diversified from there. Was not aware they manufacture phones, but apparently they got into the business in 2013. Hope this isn't a big ramp for a limited product run. This certainly will not be a Samsung, Apple, HTC, LG magnitude contract...but it's a start.
Can HTCH stanch the financially bleeding before it runs out of liquidity? I'm sure investing in the OIS business was an opportunity that could not be passed, but with long term debt payments of near $4MM quarterly, RD at $4MM and SGA at $6MM, it seems we have a large gap to bridge before we stop the negative outflows. I'm not sure we have the luxury of a long ramp.
Which $4MM figure, RD or interest payments.? Looking back at RD for the past couple years, it's basically cycled above and below $4MM every quarter. I think they need to spend to remain competitive. Interest can go down only so long as long term debt is paid down, but I'm not aware of any material change there.
Too late for that IMO...market is saturated with BT options now. A year ago maybe, but trying to catch up to Fugoo, or UE Boom, or Braven or the dozen other that have come to market in the past 24 mos. will be an insurmountable hurdle, let alone trying to make a dent in the Jam/Beat/JBL juggernauts that dominate the space.
You want to revert back to other arguments...I'm well capable of reading the financials and understanding the mess the last quarter created. I'm just trying to understand why, given the last quarter and deteriorating financial condition, Board members are making open market buys. There are lots of things they could be doing...but they're making open market buys. Why?