It's only a big deal because their biggest customer did not feel it necessary to give OLED a decent heads-up about their purchase plans. It suggests that their working relationship is poor, and to me that's a problem.
Dummy? Sorry pal, but I was not saying that. On the contrary, I've been long OLED for many years, but I have reduced my (profitable) position in the last year or so, largely because of what I perceive to be weak management.
I still have some confidence that the company will grow given that they now that they have two very big customers in production. I am however, growing increasingly wary of further mis-steps that could destroy or reduce potential profits. If you choose to think it's all roses, that's your choice (problem).
Yup. Investor confidence in management's ability to execute is eroding. Great potential but poor ability to take advantage of it. I thought for a long time that this would be another SNDK, but it's starting to look more like another CREE.... a secular technology growth story tripped up by weak management. Quite a shame really.
The green host fiasco wasn't aggressive enough for you? I want OLED to consistently and rapidly grow revenues and earnings, and I don't much care how they do it. So far they have a spotty record.
Here's TD's take on the deal
@Denison Mines Corp. (DML-T, DNN-A) C$0.88
Denison and Fission Agree to a Friendly Merger
We believe that the combination of Denison and Fission makes good strategic sense for Denison as it adds what we believe is one of the best undeveloped assets in the Athabasca basin in Patterson Lake South’s (PLS) Triple R deposit. We estimate that Denison is paying approximately $3.28/lb to acquire a high-grade, relatively shallow deposit with a total resource (M+I+I) of approximately 105.4mmlb, with significant exploration upside. This compares very favourably with the recent Athabasca focus transactions which
have ranged between $8–$11/lb albeit these transactions were announced at higher uranium spot prices
TD Investment Conclusion Our pro forma target price drops to C$1.45 (from C$1.50), but given the
recent weakness in Denison shares, we are upgrading our recommendation to SPECULATIVE BUY from Hold. Despite what could be subdued prices for uranium over the next 12–18 months, we believe that Denison shares could outperform given the combined platform and exploration upside of its Athabasca-focused assets.
So the jury is in. FERC approved the new rules proposed by PJM. The verdict is that rates need to go much higher to ensure power generators can guarantee capacity. No mention of FE in the report but they will certainly stand to benefit from this.
OK, now back to regular programming with Mrsuerte and his update on stadium naming contracts.
@@Power Generators Face Big Payouts or Big Penalties in Reboot PJM Interconnection LLC, operator of the largest U.S. power grid, expects to make higher payments in exchange for potential penalties after 22 percent of the region’s plants failed to run on the coldest day of 2014. Payments for each megawatt-day of power capacity may be more than double levels set in 2013, according to one estimate. The grid will take bids in the July 27 auction to lock in guarantees of generating capacity covering the 12 months starting June 2016. The auction will supplement one held in 2013 for the same time period, and prices paid to generators will more than double because of the new rules, according to Wood Mackenzie Ltd. power executives and other analysts. “We needed a mechanism to provide incentive for generators to improve performance,” Stu Bresler, PJM’s senior vice president for market services, told reporters July 14. “For the first time, generators’ revenue is dependent on how they perform during system emergencies.” Next week’s auction “will be a good indicator” of capacity prices for later years, Paul Farr, CEO of Talen Energy Corp., a generator in Allentown, Pennsylvania, said in a July 7 interview. The grid will hold an auction covering the year starting June 2017 on Aug. 3, which supplements one held in 2014, and a new auction for the June 2018 year on Aug. 10.
---Things are about as bad as they can get for US oil upstream companies.----
Isn't that the time to buy?
Everyone knew a deal was inevitable. But there are good deals and bad ones, and it's yet to be seen if the deal OLED struck with LG was good or not. The deal with SMD was in retrospect not nearly as good as hoped for, and it is the same management that has negotiated this latest deal with LG. Poor management can destroy the even a company with great potential. CREE is a fine example of that.
50 million barrels is less than one day's worth of consumption. That's a drop in the bucket really, not 'a lot of oil'.
Looks like you spoke too soon
@Sept. 13, 2015 7:00 p.m. ET Shire Weighing Options to Sweeten All-Stock Offer for Baxalta Among the possibilities, getting cash to Baxalta shareholders faster LONDON— Shire PLC is weighing options for sweetening its multibillion-dollar, all-stock offer for U.S. biotechnology firm Baxalta Inc. by putting cash into shareholders’ hands sooner, said people familiar with the matter. Shire has communicated to some Baxalta shareholders that it is considering how it might fashion a revised deal that would hand cash to shareholders sooner than the buyback plan allows, without jeopardizing the tax-free status of the spinoff, according to the people familiar with the matter.
Gotta wonder what chip this guy has on his shoulder... heck even his twin brother ibdman has toned down the rhetoric. Amazing.
Proclaiming there will be a 60% selloff does not make you look any smarter than that idiot.
Well, it's certainly far healthier than drinking soda pop, but I still find it amazing that people even buy bottled water in advanced nations like the USA where safe drinking water is available out of a tap or fountain practically everywhere.
@Coca-Cola (KO), PepsiCo (PEP), and Dr Pepper Snapple (DPS) held the first, second, and fourth positions, respectively, of the US LRB (liquid refreshment beverage) market in 2014, based on volumes. Nestle Waters surpassed Dr Pepper Snapple with a volume growth of 9.1% to become the third largest LRB company in the US in 2014. This growth was driven by the strong demand for bottled water in the US. The Beverage Marketing Corporation anticipates bottled water to surpass the carbonated soft drink category of the LRB market by the end of this decade.
Wake up... those forward estimates are meaningless when a company fails to deliver repeatedly, and CREE has done exactly that... no revenue/earnings growth for about a year now.
On a related note: Why isn't government issuing large amounts of new long-term debt at dirt-cheap rates and applying the proceeds towards fiscal policy initiatives aimed at driving up labour market demand?
No one here is buying your story so scram.
Looks like they are pushing the 65in model based on the discounts offered.
@LG has announced a special summer promotion for its EG9600 series displays. The 65EG9600 is now on sale for $6,999, down $2,000 from its MSRP of $8,999. Likewise, the 55EG9600 is now on sale for $4,999, down $500 from its MSRP of $5,499.
Tobacco holdings are long-term investments for me, and I rarely trade them. Generally, I look to add on weakness, if anything. The RAI-LO merger did offer some trading opportunities that I took advantage of, but now that it's complete, I fully intend to hold RAI to profit from the benefits of the merger. To divest any now seems far too premature at this early stage in the integration of the two firms.