1 Hasnt been any easy money lately...the old R and D contracts were basically free money...hopefully the new ones are free money but something tells me they will have produce something this time around and may not be as profitable in the past...R and D contracts will definitely increase profit margin.
2 The cost of everything is going up(material. labor, utility, etc) but the average selling price is not going up enough. I am sure the new equipment cost more to run and may require more labor.
3 Yields are still a detractor from profit margin....back in the day when they were almost 50% yield they had better profit margin,
4 Any hiccup in revenue causes profit margin questions...they have been prone to manufacturing hiccups...no margin for error here
Wrong again...there's the name calling...hehehe...guess your not a stand up guy who admits when he is wrong, wrong, wrong....is anyone a stand up guy anymore...maybe Raf is. Who do you respect? I respect people who have the answers. Whether it was my father giving me advice on life or a teacher who seems to know everything or a guy on a message board whom is correct almost all the time...go ahead and respect someone like George Bush who led you down the road of wrong or Garce who feeds you want you want to heart...oh but he was a nice guy...I respect people who lead me down the correct road, very simple. respect is seperate from the likeable,
Trash, go away...you are still talking about AMD...I sold pal...dont care...Rock is not immune to name calling....he has done it in the past to me many times...he is just trying to play nice, which is a good thing. Like I said...respect comes with being correct...no offense rock and trash but you guys have been wrong more than I can count....can someone own up to their mistakes ever....cmon Rock or trash...show us you are a stand up guy...trash which bad call are you talking about? I have not lost money on an investment in three years and I believe you guys have heard them all.
Are you saying investors arent concerned about cash flow....are you an investor? are you worried about their cash flow?
So when do you think they will be profitable, which quarter? and where will increased revenue come from with better profit margin.? Would you sell if they lose all their cash?
Always tell the truth....arent you tired of trying to bust me in a lie...wasted energy...I never said I was long, ever...I said I was going to hold thru the earnings because most of the bad news is behind them....and I have...oh by the way it was another correct call...now I might want to sell based upon what I have just heard...yes sound logic by a smart investor...who has publicly told you all my buys and sells and if you care to track, I havent lost since my initial buy with FED corp....I didnt say the company was going to run out of money, I said it will run out of money unless there is some defining moment...I haven't sold yet but leaning towards it...one thing I learned along time ago...you are allowed to change your opinion of anything at any moment....that is what smart people do....and by the way I am up 25% from last purchase...it would be prudent to take my money and run....however eman stock doesnt always behave according to its profit...propaganda can swing it.
I like to stick with the facts, they are unbiased and not delusional...data doesnt lie...only the interpretation can lie....go back to bed and take your hateful game somewhere else...honestly I think people are more tired of you than me...yes hard to believe,,,you get no respect garce because you are always wrong...right gets respect...loser...hate monger...old and grumpy
If you do simple math here....7mln revenue per quarter creates a loss of 1mln...so right now profitability is somewhere in the 33mln range as long as expenses stay the same. It is a tough situation right now and honestly I dont see them being profitable this year and next. They are having trouble keeping cost intact and revenues arent growing much. So they could burn all their cash by the end of next year.
Where does this all leave us? Well we are still waiting for the breakthrough, without a defining moment we will just barely keep our heads above water, that is the way I see it anyways.
I am going to sell for now.
How you got two thumbs up is beyond me...three people need to learn how to read...cash in dec13 was 11.0 mln...cash in march 14 was 8.3mln and now it is 5.6mln....that qualifies as burning in my book...so 2.7mln a quarter...so I ask, where is all the money going, anyone want to hazard a guess. Well they have been losing 1mln per quarter but where is the other 1.5mln going...new equipment?
This number in and of itself is not bad, but for many reasons this is not a profitable number anymore. Not sure why they just burned through so much cash either.
I expect the management team to deliver a positive message about the future...if they didnt then they would be fired by the board. There will be a mix of excuses which is normal and some real vision.
Well I guess you have a bad memory...it was Rock who asked for my opinion...one the leaders and elders of the board...wake up trash and bring a better game.
I am going to hold through the earnings report, despite the inherent risk of losing all that I have recently gained:
I would think most if not all of the bad news is behind eman. I don't think the news can get any worse. In fact any little positive news may translate into a quick gain. However he earnings will be bad, thinking another significant loss that will eat into cash, this is the risk. The market may react negatively to yet another loss in earnings, hard to predict at this point. My gut says the stock has been beaten down enough. Yes earnings correlate with stock price,but this stock can react up or down on no real hard earnings facts...so I am staying in.
What did the PR say that can translate to profit...answer: nothing...Its all smoke and mirrors...they had almost no R and D revenue last quarter and they use the word significant...that means nothing...is it 1M a quarter? lets say it is...thats not pure profit anyways....I see it as positive but not significantly changing any game here