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.
so how does this impact UBNT's revenue? I don't think materially at all... Mimosa is 5 years away from being able to swing at UBNT even in N. America, let alone the world.. and I'm pretty sure Pera is working on something similar, I heard grumblings of back at the NEXT conference in Las Vegas. Pera does things in secret.
this has nothing to do with Mimosa, UBNT has always been pricing in the lower bounds of valuation... their ecosystem is a lot stickier than you give them credit. Stock is just easily messed around with.
people don't care, industrials are roaring back as if earnings are turning around... its been a painful short
Everything is deteriorating and insiders are bailing; how anyone got a chance to get out for a second chance--Miracle... Costumer base: dying, Industry: Dying, Amazon on their tale: YES, EPS shrinking: YES, Growth flat for the forseeable future: YES, PEG (price/Growth) : 3.0 (50% higher than industry avg.
Sentiment: Strong Sell
To be fair, it looked like the whole market was unraveling and a lot of these funds sell whats up to fund their margin calls or redemptions... If i was a hedgefund start selling something like UBNT on this kind of strength too. It's pretty insane given the beat, the guidance and all the spokes in the UBNT fire. I was expecting to touch the 40 level. 7% up isn't too bad.... although.... We were at 30 two weeks ago before these numbers... this market is treacherous and blind. I doubled down at the lows of day. I was waiting for a strong quarter. I'm all in now!