The stylus technology was recently acquired by Microsoft for use with its Surface line of mobile products. According to market estimates, Tower is expected to reach revenue of $10 million annually, starting in 2015 a figure which should continue to increase as the tablet market expands.
The touch screen controller, which allows for sensing multiple fingers and digital pens, is produced using Tower's advanced power management technology. The chips were designed by N-Trig's team with the assistance of Tower's Netanya Design Center and will be manufactured at its Migdal HaEmek fabrication facility.
earnings don't seem to matter as much as growth in this market!! Alibaba is growing like weed in many international markets. The street is watching international growth and if it offsets chinese slowdown if any. I strongly believe that the consumption by middle class chinese continues to go up and if that is the case, we will see a big jump after the quarterly results. Also, for the first time, we will see the impact of mobile penetration to the Chinese villages and customer growth in these areas.
For the future, Investment in other countries like India, Russia, Brazil etc will start dropping $$ to the bottom line and this is the key - growth combined with profitability means that this stock should be around $200 this time next year!
Wondering where the support is...
So far, I see TSEM beating 0.70 or this quarter. This leads me to over 2.70 for the year, and with 40 % margin and over40% growth, this stock is worth lot more than $14.... This should be trading above $30. Expect hedge funds jumping in to carry tis or $35 n he next 6 to 12 months!! They can smell money in Specialty Semi!
In the end, these are all good noise! Gave us an opportunity to buy TSEM stocks and options at nice bargain price - especially if you consider low debt and eps of $2.50 or more! and improving margin to 40%! Nice deal for people willingto hold for the long haul!
Nope - got a response and explanation for my questions - within the bounds of what is allowed by SEC (obviously!). Kenon will be in rear view mirror 2 weeks from now as soon as earning is announced. I am sure that more hedge funds and mutual funds will jump in to this stock - iven the growth and profit potential.
Emailed and got response. Business continues to grow. Kenon disrupting the stock price and has nothing to do with real business top and bottom line. This is a great investment opportunity for small investors!
Sentiment: Strong Buy
The thumbs down must be from rakeson who is short on TSEM. He is probably squirming and hoping for deep dive! But, the stock is going up and this is just the start of upward move as the Kenon stuff moves to hindsight and the earnings become the most important next step.
Total B.S. Apple said that they did not experience any China Slow down. Please read the Earning news release and earning discussions if you want more info.
If you had doubled don yesterday, here is a 10% return in 1 day....
There is much more gain to be had with TSEM- like 150 to 200%return in 12 to 18 months!!!!
Not at all! In the end, the fundamentals and bottom line is all that matter. Manipulation is an issue for those who wants to be in and out of stock and yo-yo around the market.
For me, if I sell TSEM, I need to find an equivalent good buy that is good value, good technology, low debt, more than 20% growth etc along with good Management. So, there is no reason to sell at all. If the growth continues at decent pace, I don't see why this stock should not beat $60 by 2017/2018.
One should double down! This too shall pass! This is how Buffett made money!
Kenon spin off is a non business related issue and will be a non-event few months from now. But, business is growing, eps is growing debt is down... These are the reasons to own the stock!
Buy if you have the guts and want to make money!
This management is good. They cannot comment as their lips are tied by SEC as they are close to earnings announcement. Whatever that is, expect this stock getting closer to $20 as soon as earnings are announced. I don't see any negative at all like a customer backing out or plant closure or slowdown etc,.
In a report published Wednesday, Cantor Fitzgerald analyst Youssef Squali maintained a Buy rating on Yahoo! Inc. (NASDAQ: YHOO), while raising the price target from $60 to $62, based on the higher valuations for Alibaba Group Holding Ltd. (NYSE: BABA) and YAHOO JAPAN CORP. (OTC: YAHOY), gradual but modest improvement in the core business and share buybacks worth $2.7 billion.
We will be OK folks!
Down by just 0.24 @ 11:46 AM EST. Won't be shocked it this turns green at the end of the day and completes the washout of the short term hopeful buyers.
Remember - some people loaded up expecting a beat. They need to be out (as their hopes of upside move is dashed) and then the stock will follow BABA. This may take today and probably tomorrow.
I expected wholesale dumping - but, buyers are in for BABA and zero expectation on core. So, even 0.16 is more positive than negative.
But, this will start showing earning and eps growth eventually!
Sentiment: Strong Buy
"We remain extremely bullish on China and we're continuing to invest," he said. "Nothing that's happened has changed our fundamental view that China will be Apple's largest market at some point in the future."
- especially considering low cost phones to the villages with ability to order stuff from Alibaba sites.