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ChipMOS TECHNOLOGIES (Bermuda) LTD. Message Board

bamajoe20715 54 posts  |  Last Activity: 7 hours ago Member since: Feb 21, 2009
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  • Reply to

    Stock Price Catalysts

    by yksrivss Feb 5, 2016 2:44 PM
    bamajoe20715 bamajoe20715 7 hours ago Flag

    ristrau------ In the short term,that seems unlikely with a buy back of 8150 shares to commence shortly and a NT 40 price Tsinghua is willing to pay for 8150 shares.

  • Reply to

    Stock Price Catalysts

    by yksrivss Feb 5, 2016 2:44 PM
    bamajoe20715 bamajoe20715 9 hours ago Flag

    turt-------- There are sellers willing to sell at any price. The catalyst we were all waiting for (the conversion formula) has come and gone with no favorable impact on the stock price. Investors were disappointed in the conversion proposal and disgusted with the way management has treated the IMOS shareholders. This, in combination with a terrible market, has caused selling at what look to be very cheap prices. Irrational behavior in a scary market is, unfortunately, nothing unusual.

  • Reply to

    Dividend predictions

    by kenpalley2000 Jan 13, 2016 10:38 AM
    bamajoe20715 bamajoe20715 Feb 5, 2016 1:49 PM Flag

    latrdaze--------What's the point. Are you saying that STON is miss handling their trust funds or doing something illegal. Are you saying there is not almost $800 million in their trust funds,as stated by the company. I don't get it. As to Miller and the bankruptcy, Solomon Brothers went under when Warren Buffett was in charge. Not saying Miller is the equivalent of Buffett,but the Solomon issues did not prevent investors from making a fortune buying stock in Buffett's Berkshire Hathaway.

  • Reply to

    OT - BamaJoe

    by johnboywalton56 Feb 4, 2016 1:04 AM
    bamajoe20715 bamajoe20715 Feb 5, 2016 11:27 AM Flag

    I remember when Harbaugh was at Stanford and Pete Caroll was at USC. The rivalry was epic. I think we will see something similar between Harbaugh and Meyer going forward. These satellite camps and having your spring practice away from your campus can lead to abuses. It is obviously being done for recruiting purposes. How about promising recruits that you are going to hold some of your spring practice in Hawaii

  • Reply to

    Do you think this dividend is safe?

    by lackawannariverbrowns Feb 5, 2016 4:52 AM
    bamajoe20715 bamajoe20715 Feb 5, 2016 10:26 AM Flag

    In my opinion,I think this distribution is as safe as any distribution of close to 10% can be. I base this belief on the history of this company paying a consistent distribution. Moreover,if you look at the insider buying that has occurred, you have to derive some degree of confidence in this company and its distribution. It would seem rather odd to have all this insider buying at a time when the company is considering a cut or elimination of the distribution. Just my take.

  • Reply to

    Dividend predictions

    by kenpalley2000 Jan 13, 2016 10:38 AM
    bamajoe20715 bamajoe20715 Feb 5, 2016 10:11 AM Flag

    latrdaze--------I agree everyone needs to do their own due diligence. The fact however is that all kinds of companies go bankrupt,and that bankruptcy is not limited to Death Care Companies. I really don't know where you got your information regarding STON's trust funds. I suggest you read their last conference call and you may be pleasantly surprised at the information, if you are long STON. Having regard for all the questions you seem to have relating to STON, and your admonition that investors do their due diligence, I find it rather surprising that you are not short,but rather have a position in STON. Good luck to you.

  • Reply to

    Dividend predictions

    by kenpalley2000 Jan 13, 2016 10:38 AM
    bamajoe20715 bamajoe20715 Feb 4, 2016 10:49 PM Flag

    latrdaze------- In an earlier post you implied that funds were being stolen from STON's trust funds. Now you kind of implied STON is on the verge of bankruptcy. Do you have any evidence to support what you seem to be implying. Perhaps your innuendos are designed to support your short position in STON.

  • Reply to

    8150 buyback

    by conversionworrier Feb 4, 2016 7:42 AM
    bamajoe20715 bamajoe20715 Feb 4, 2016 5:12 PM Flag

    sean------- I believe a vast majority here expected a different outcome on the collapse. Rightly or wrongly, many of us were led to believe a buy back of our 8150 shares at NT 40 or thereabout, would be a part of the conversion process. Didn't happen and this left many disappointed. Now we see management willing to sell and buy 8150 shares for NT 40. It would have made perfect sense for them to buy enough of our 8150 shares for NT 40 to satisfy a later sale to Tsinghua to give them their 25% interest. Management owed us at least that for the monetary sacrifices made by IMOS shareholders thru the years to enable them to restructure this corporate mess into a more efficient operation. Sean, you have ample reason to be disappointed and upset.

  • Reply to

    OT - BamaJoe

    by johnboywalton56 Feb 4, 2016 1:04 AM
    bamajoe20715 bamajoe20715 Feb 4, 2016 2:14 PM Flag

    Johnboy--------Harbaugh has done some rather unusual things in recruiting this year as you noted. Now, he plans to have 4 days of his spring practice moved to Florida. This is after he held a football camp in Alabama last year. Surely, the NCAA will have to eventually put a stop to this. You think Urban Meyer will sit still for Harbaugh's antics?

  • Reply to

    OT - BamaJoe

    by johnboywalton56 Feb 4, 2016 1:04 AM
    bamajoe20715 bamajoe20715 Feb 4, 2016 11:21 AM Flag

    Johnboy--------Thank you very much.If you are a Bama fan,this is as good as it gets. There appears to be a clear correlation between recruiting success and results on the field. Winning 4 national championships in 7 years,in this age of college football parity, is unprecedented. Saban is a great coach,but great players make a great coach,not the other way around. Most real good high school football players have the ambition and objective to play early and get to the NFL. Saban has to deal with the negative recruiting of other coaches trying to convince players that they will not play early at Alabama. However, 11 true freshmen played this year for Alabama, some even making meaningful contributions. As to the NFL, Saban has many contacts there and tells recruits that the NFL is not interested in looking at their freshmen film. They want to see them as juniors and seniors. So, early playing time is really not a factor in their NFL ambitions. It is obvious you, like myself, follow college football very closely. I was sorry to see Hackenberg declare for the NFL draft. I also believe Franklin lost at least one coach. Penn State has some serious teams to contend with. Michigan is on the upswing under their new coach and are recruiting very well. Ohio State, under Meyer, will always be tough. Franklin won at Vandy, so he must be a good coach, but you have to get your share of good players to be successful. Good luck to you and Penn State this season.

  • Reply to

    8150 buyback

    by conversionworrier Feb 4, 2016 7:42 AM
    bamajoe20715 bamajoe20715 Feb 4, 2016 10:39 AM Flag

    Jam-------Look at it this way. After the conversion is completed, those continuing to hold their shares can adjust their cost basis down by $3.71 a share.

  • Reply to

    BOE business

    by conversionworrier Jan 30, 2016 2:49 AM
    bamajoe20715 bamajoe20715 Feb 2, 2016 11:50 AM Flag

    buy_ ___ Why would MU want another DRAM plant? At present, there appears to be an imbalance between supply and demand of DRAM. Just look at the MU share price and you can see what has happened to DRAM pricing. Will the demand for DRAM increase sufficiently in the future to justify more DRAM capacity? Who knows.

  • Reply to

    BOE business

    by conversionworrier Jan 30, 2016 2:49 AM
    bamajoe20715 bamajoe20715 Feb 1, 2016 2:07 PM Flag

    Yep, just what the world needs,another DRAM plant.

  • Reply to

    Chippy V.S. Chipbond

    by sean777007 Jan 29, 2016 8:12 AM
    bamajoe20715 bamajoe20715 Jan 29, 2016 6:27 PM Flag

    Imos_ is_garbage---------Is the IMOS stock price being held hostage pending the satisfactory completion of the pending deals. To some investors it may look that way.

  • Reply to

    Fair Value

    by caffeine444444 Jan 29, 2016 11:20 AM
    bamajoe20715 bamajoe20715 Jan 29, 2016 11:44 AM Flag

    caff-------As you know,,IMOS is still a holding company. It is not unusual for holding companies to sell at a discount to net asset value. There are countless examples of this on the NYSE. Until the pending deals are completed,especially the conversion to ADR's, I fear the gap between fair value and the IMOS stock price will remain unless management does something bullish to close the gap.

  • Reply to

    Chippy V.S. Chipbond

    by sean777007 Jan 29, 2016 8:12 AM
    bamajoe20715 bamajoe20715 Jan 29, 2016 10:39 AM Flag

    Hope I am wrong,but this stock looks like dead money for the next 6 to 9 months pending completion of the conversion and Tsinghua deals. Some investors were obviously disappointed in the terms of the conversion and are selling out. Buyers, at present, appear to be willing to absorb the selling that we are seeing. Volume greater then normal and the stock trades in a narrow range. Perhaps some good news or guidance can get the stock to close the gap between 8150 and IMOS.

  • Reply to

    Your Conversion Expectations - Part 1

    by davegras Jan 22, 2016 9:51 PM
    bamajoe20715 bamajoe20715 Jan 27, 2016 11:52 AM Flag

    Jam------So,should we petition to change the name to North Mao?

  • Reply to

    Predictions aren't worth much generally

    by kenpalley2000 Jan 26, 2016 10:55 AM
    bamajoe20715 bamajoe20715 Jan 27, 2016 11:48 AM Flag

    Ken----You have to be impressed with the amount of money in their trust funds. Almost 800 million. Also, I believe the company has previously stated that one or more is over funded. The money earned by the prudent investment of these funds, should be an additional source of income for STON.

  • Reply to

    Your Conversion Expectations - Part 1

    by davegras Jan 22, 2016 9:51 PM
    bamajoe20715 bamajoe20715 Jan 27, 2016 9:59 AM Flag

    stick---------Because you are a stockholder of 8150, if you plan to attend the 8150 stockholders meeting, could you ask management what specific business opportunities they expect to derive from the Tsinghua deal. I think posters here would appreciate getting this kind of information,if possible. Frankly, I am very doubtful you can get that kind of information out of them.

  • Reply to

    Your Conversion Expectations - Part 1

    by davegras Jan 22, 2016 9:51 PM
    bamajoe20715 bamajoe20715 Jan 26, 2016 3:27 PM Flag

    buy----- I am not trying to argue with you. I am unhappy with the proposed dilution and merely offered a possible way to avoid it.

IMOS
16.21-0.63(-3.74%)Feb 9 4:00 PMEST