Is this what you are referring to? if so, doesn't sound so bad for KTCC, although 2nd para is negative. Is SMT one of KTCC's 3 biggest customers?
Although new solutions (software?) are generating a growing share of total revenue, sales from SMART kapp are growing at a slower rate than originally envisaged, and as a result, the outlook for fiscal 2016 will be weaker than anticipated.
management has taken decisive action to significantly reduce expenses, primarily relating to kapp sales and marketing activities and related R&D spend
Am I right in thinking a Friday night release is not uncommon? Gives execs a weekend to prepare for CC, which is ironic, given number of times they are not prepared to answer a question.
checking the 8-k for the earnings release about 1/18 of all MCD restaurants are in China. I don't understand why MCD was down so much in the AH.
I am going to repeat myself. Because of high price, more people are interested in trading fewer than 100 shares. But their bid/ask offers therefore don't show up. I think stock should be split, not to raise price, but to increase liquidity.
Search for article, last 24 hours. Doesn't seem to have implications for use of replacements, but for post replacement use of blood thinners and/or monitoring. However,if problem can be solved by better design, then my guess is that this is more likely to be accomplished with open heart surgery as there are fewer constraints on device modification.
I am no longer a shareholder, but I never understood the purpose of COSWF as an independently managed company. I never found their shareholder reports easy to read, as they changed the unit of measurement so much I needed an excel spread sheet to figure out what was going on.
I knew their appearance in yahoo news was worthless, but it is really spam: today they post about UFPT SECOND quarter earnings - I think only because UFPT was active today and had a big move.
How do you know she was not fired? Also, what % of Fossil sales is due to Skagen? I thought your post of Sept 25 was very good, objective.
I don't know if Amazon reduced styles stocked, but currently of 10 styles just 1 is deeply discounted and 6 are selling at list price.
buy, I imagine ancient peoples had the same belief in the power of their gods that you have in the power of the shorts, and the same tendency to attribute what seems unexplainable to the gods (shorts). I notice short interest has been very stable since the end of June.
After being out of the stock, I bought some today based on valuation, but presenters really were mostly pessimistic (realistic?). They acknowledged that they are in a slow growth business, although Western has done well, and of course they have hopes for Creative Rec. They hope to build up D to C for better margins, which could work - sales are 12 million, and growing well they say. One positive about Creative Rec: they hired one of the original founders, who was the creative person. They seem to acknowledge that getting back to peak sales for the brand is unrealistic, at least not for a good while, as brand had benefited from a lot of celebrity wearers, and was in a lot more doors. Another positive: their Taiwan supplier is moving a lot of production to Viet Nam, so they may benefit from lower costs. On the other hand, there was another recall in May - you have to wonder about their quality control. Also, there is more private brand competition (I think it was Cabella's and another retailer they mentioned). With construction employment going up, while are work boots a very slow grower?
On another board someone says RCKY is discounting heavily. I went to web site, and there is some truth in this for select boots, but I don't know how this compares to other years.
Fab, how do you interpret the "unfavorable feedback": is it about their business, or specifically about RCKY?
Mostly Q&A and well worth listening to. Presenter very sharp, but facing headwinds. They have little exposure to auto production, and since they have little exposure to contractors, they don't benefit from growth in construction. Hurt of course by drop in oil prices and its impact on industries they serve (no mention of benefit of lower fuel cost). Only shorter term hopes for growth are Europe (e.g. purchase of Cromwell) and doing better in mid-tier, where they are going toward lower cost/lower pricing model (mentioned in June presentation) and "focusing more".
I think that is the reason stock is down pre-market (yahoo, 8:49) - most people expect a big beat. Eps was a big beat, but I found sales a bit disappointing with increased driving, low gas prices. Retail was expected not to be good due to lack of inventory (guidance given last release).