I just don't see it going to 7.50 without bad news, especially since before Q3 CC, it bottomed at about 9, which it rose on the expectation of news, it didn't happen so now back to where it historical has traded.
But keeping your theory, it seems we're coming up on the end of the 'dump', which means the 'pump' should be coming within a couple weeks.
I'm all for increasing shareholder value but the timing seems bad considering he just put one out less than a month ago. It's like, can't you wait another month until after the CC to put out another? Putting them out so close to one another just seems desperate and I doubt Hart will pay attention to this one either.
Reversal today huh? Just like when you said there'd be one earlier this month? I'm long but realistic, this stock has no reason to be higher than 10 considering lack of news since last CC.
Everything Mutombo said explains things in detail. Quite simply put though, it's all in their income statement. Even though their total revenue increased, their operating expenses increased even more.
Their cost of revenue was 2.4% higher Q1 this year vs Q1 last year when compared to the top line, lowering their gross profit percentage when compared to the top line. Along with their operating expenses percentage when compared to the top line, which increased 6% from Q1 last year.
As I said, a buyout would be great, but I just don't think it's going to happen. And on the off chance it does, I don't see it being more than $16-18.
Did you mean to respond to me? Where did I say Hart has done a good job? While I think he has lacked performance starting with the Q3 CC, I think he's been overall ok but could be a lot better. Subsequently, I started selling here and there starting in December, but still plan on being in this until end of year assuming the numbers continue to look better and better.
I will agree with your point of few PRs or any info, and thus the reason why the pps has only gone from 9s to 11s in the last four months and from 6-7s to 11s since last May, almost double as I said. Since the last CC, there has been no reason for this to be much higher than it is now. And while I'm all for a buyout, I just don't see it happening.
Well I will say this message board was a lot more useful prior to about May of last year, but since then the pps has almost doubled. So take the good with the bad I suppose.
I'm sorry, is this company actually called SecureAuth? I can't find a single thing on SecuAuth or SecurAuth, but you keep spelling it differently, so I'm not sure.
In either case, I see it as good news for Identiv when other cyber security companies are doing well as that suggests Q4 results should be pretty great. More than several companies have success in any industry. Although the downside is if they aren't great, the pps decline continues as people (myself included) will flock to other companies.
Revenue of 142k for the year, net loss of 246k. Doing some math, Q4 revenue was only ~24k, net loss of 83k, making Q4 the worst quarter of the year. It's quite obvious the 4-fold increase in expected revenue over the coming quarters stated in the August PR was not true, and therefore I no longer expect profit in Q1.
That said, the numbers are somewhat secondary at this point to growing the top line, as they expect several revenue growth sources in the coming year. Let's just hope they can actually achieve these expectations and fortunately we'll only have to wait about a month to find this out. In the meantime, the pps likely gets cut in half again.
Overall not great, but ok. Flat revenue, decrease in net income. Hopefully the Rob Group makes it up in Q2 since the decrease was partially due to timing, but the increase in environmental really saved them. The pps decrease as of late makes a lot of sense now and unfortunately I don't see a positive change coming anytime soon. Still think the #1 goal of this company should be to trade on the Nasdaq ASAP.