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Universal Display Corp. Message Board

andystj 5 posts  |  Last Activity: Jul 2, 2015 11:50 AM Member since: Feb 21, 2006
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  • Reply to

    back in the trench

    by dca1125 Jul 2, 2015 11:17 AM
    andystj andystj Jul 2, 2015 11:50 AM Flag

    I respectfully disagree with eclipse on his prognostication.

    I think we have reasonable support right at these levels ($50.90-$51.10), and I think we have additional support right at $50 (for example see the $49.98 May 8 close).

    I don't have the capital to be the "someone serious" you are looking for, but I have been a buyer yesterday and today.

    Summer doldrums going into the holiday with light volume and normal settling after a steller run. General lackluster news regarding S6 sales may be a minor contributor to weakness, but it has been coupled with good news about Samsung Display selling more inventory into the Chinese handset makers. Also recent speculation about the timing of Apple's eventual adoption on the iPhone may have put off some short-timers who were initially thinking that an OLED iPhone was likely this year.

    Holding here helps form a nice base for a return to $55+ and ultimately another leg higher.

    Chessboard,
    Andy

    Sentiment: Strong Buy

  • Reply to

    The winner is/was

    by qtmmnutcase Jun 17, 2015 9:27 PM
    andystj andystj Jun 18, 2015 8:45 AM Flag

    The specific award is not particularly important. As best I can tell this design competition awards LOTS of awards. What IS important is the company that applied for and received the Red Dot for OLED Tail Lights.

    Automotive Lighting is a division of Magneti Marelli:

    Magneti Marelli produces advanced systems and components for the automobile industry. With 89 production units, 12 R&D centres and 26 application centres in 19 countries, more than 38,000 employees and a turnover of 6,5 billion Euro in 2014, the Group supplies all the major carmakers in Europe, North and South America and the Far East. The business areas include Electronic Systems, Lighting, Motor Control, Suspension Systems and Shock Absorbers, Exhaust Systems, Aftermarket Parts & Services, Plastic Components and Modules, and Motorsport. Magneti Marelli is part of FCA.

    Chessboard,
    Andy

    Sentiment: Strong Buy

  • Reply to

    LG Display increases 4K OLED yield

    by videogo2000 Jun 11, 2015 7:36 AM
    andystj andystj Jun 13, 2015 4:52 PM Flag

    ZikZak,

    Noone appreciates your posts more than I do, but I'm going to offer my unsolicited opinion your view of the LGD Q1'15 call is overly cautious. I'm not sure whether you listened or read a transcript, but I would not describe the tone as "hedging" with regards to the timing of the OLED ramp.

    The refernce point was the Sung Hyeon-hee article that came out on 4/22. That article was based on information from unnamed "multiple industry officials" on 4/20. That article pointed to a decreasing target and did cause pause. It lead me to carefully listen to the LGD CC for any indications that they were slowing their ramp. In the end I have substantially discounted the Sung Hyeon-hee article's skepticism.

    My guess is that the caution expressed in that article had you looking for zebras when reviewing the call.

    The only "hedging" was be based on the product mix affecting the total production. This is somewhat yield related, but more based on the fact that a single sheet yields six 55" panel but only three 65" panels or two 77" panels. Thus larger panels will reduce the screen count. The discussions about yields were optimistic and indicated that everything was on plan. Conference calls are not going to contain premature declarations of victory (a la the "mission accomplished" banner), and I felt the tone was perfect.

    The most important exchange was the response to R. Stone who referred to the Sung Hyeon-hee article indirectly. The answer was pretty definitive.

    Beyond the CC, the many articles coming out of the 5-19 press conference were even more definitive. Slacker is right to point out SI#4728 as clear and definitive. Other reports confirm the reporter contained there.

    Chessboard,
    Andy

    Sentiment: Strong Buy

  • andystj andystj Jun 12, 2015 1:01 PM Flag

    200K+ shares in 15 minutes on no news is pretty substantial and interesting for this stock.

    Obviously, an institutional investor was unwinding a trade or locking in a profit. The corollary to this proposition is that someone else initiated a $10.8 million position (or added to a position). The seller in this case had a pretty easy time unwinding his trade with relatively little (,2%) downward movement.

    My point is that buyers are acting on pullbacks.

    My trading thesis right now is that the low volume we have been seeing recently merely indicates that the buyers are patient and the sellers are few and far between. This morning's trades confirm for me that the buyers are still lurking and ready to strike.

    Chessboard,
    Andy

    Sentiment: Strong Buy

  • Reply to

    It just keeps getting better....

    by oledfan Jun 5, 2015 11:59 PM
    andystj andystj Jun 6, 2015 6:14 PM Flag

    Same exact LG OLED Television ad was behind home plate during Texas Rangers @ Kansas City Royals on Friday.

    Sentiment: Strong Buy

OLED
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