I mean, why would anyone profit take if this is the turn after consolidating for 2 years... I wouldn't sell this stock at 60. The company is firing on all cylinders and basically still at the bottom of its 5 year channel and the lower range of valuations. With a ramp up of revenue I expect the 30 PE range to come back which takes this 50% higher just to reflect normal valuations, after, when stocking problems are solved and UNIFI really takes off, this thing will be in the 80-100 before people realize what the heck happened!
SPWR, CSIQ, YGE, SUNE... All these business models are starting to implode as leverage players chase bids to keep the lights on. FSLR is the only one worth investing it but I fear even FSLR will be sucked down part of the way until the dust settles. Great long term! But prepare to watch your money halved in the meantime... FSLR reached 0.4 book value last time solar went in the trash! Don't get me wrong, I actually bought half a position today! If Nat gas doubled or oil skyrockets then the bearish scenario is over... But it might also go down!
I'm not familiar with LC business but I glance at the metrics, what worries me is the damaging effects of words like "fraud" being thrown around, taking heed history... It doesn't need to be true to damage the earnings going forward. I'd stay on the sidelines until we get some more clarity, or maybe put speculative money to work and take quick profits on volatility! Best of luck!
Robert Pera, the most under promising CEO who gives conservative guidance is implementing a buyback again and saying this is "the beginning of a really good run" I expect the tripling of revenue he talked about 2 years ago to start gaining momentum now!
depends on the market, Pera sounded VERY enthusiastic about Enterprise, the most I've ever heard him! he said it was the "beginning of a very good run" however he was less than enthused about service provider... I'm pretty surprised myself, even without backwards compatibility, it should have been down that much!
channel checks say beat, stock tape says beat, community buzz looks like a beat, currency mix looks like a beat, product cycle adopting well... if it can't beat this quarter and the next, sell ubiquiti cause all the tailwinds for a beat and raise are present!
it does, to a large extent, thats why i dont get the paranoia over Mimosa competition... using NXN and airfiber is much more spectrum efficient, clear backhaul and throughput without using up all the frequency is key
yeah but that share isn't going to be material, and it's an easy fix if Pera addresses it early, and his flexible R&D power house will probably be swift.
it makes absolutely no sense, all the tailwinds you say are here, UBNT is much stronger here in 2016 than in 2014, but the valuation is not reflecting this improvement. In fact it had its best quarter ever during the worst earnings season since 2009. They have UNFI AC, AirFiber and Edgemax which are doing well, and they're working on backwards compatibility to bolster Airmax, while the cloudkey and the beta payment systems are in work to make the systems stickier. The new venture into the license bands is also significant. The Airfiber 11 is a good start to address the Mimosa issue. Mimosa isn't as great as we're being told, they're gobling up spectrum to give the gigabit speed which means it is not as efficient as UBNT, their metric of Mbts/$ doesn't mean anything if spectral efficiency means less products used in the field. That said, we got accelerated revenue growth and margin expansion over the last 6 months with estimates rising. The drivers of the revenue growth have only started to be material to the top line growth, Unifi AC wasn't even ramped in the last Q, and airFiber 5 is still hard to get your hands on! Switches are also picking up but again, they really haven't ramped up yet... in the last 5 weeks, the dollar has sunk and the EEM has significantly rebound... The stock should be at the minimum, at 40, and start to inch its way to a 30P/E multiple. the community is very happy with Pera's performance this year and we know for a fact that he hasn't been going to Grizzlies games as often as last year, totally focused on the company!
Republicans and Democrats are all the same, liars and idiots... Now get off this board unless you want to talk about UBNT
Interesting, luckily the PTMP urban market is quite small for the time being in terms of volume, that being said, i'm pretty sure it will grow if the technology enables costs efficiencies... If I was Pera, I'd give myself a deadline to get it done otherwise acquire a player already in place. UBNT's balance sheet is pretty toothy.
yeah I was quite surprised, although, it's a massive market with a lot of special relationships to bypass! this is when the lack of a sales force is annoying... they need to compel the municipals to consider UBNT for the next upgrade cycle. God knows, maybe municipals care about driving their costs down haha?
Awesome! I saw on the newsletter page, they have two new airfibers; any comments on these would also be appreciated, if they're being tested etc!
the airFiber AF-4X Licensed Backhaul Radio, for municipal purposes: police stations, amublance, firefighters etc...
the airFiber® AF-11X is purpose‑built for outdoor, PtP bridging and carrier‑class network backhauls using the licensed 11 GHz radio band with 1.2GbPS throughput
for every #$%$ of community member, they have gained many more members, I agree that there are obstacles, but the UBNT of 2016 is in much better shape than the UBNT from 2014, sentiment and product wise in regards to the community... Once the backwards compatibility issue is resolved, people who didn't buy the dip will regret as we get accelerated revenue growth from the service provider in addition to the Unifi AC line. Profit margins and revenue growth are on higher trajectories... Everything else is speculation.