I owned some LTXC stock at one time but got out because of the concerns raised about the company mgt taking more than their fair share of profits for themselves, an assertion that appeared to me to be validated by the numbers.
I presume it is the same bozos running the show now that it is Xcerra.
If it weren't for that, this company's numbers look to me like what I would consider a good value stock. But I'm not planning to buy any.
If this company has good business prospects, then the stock is a good buy at the present time.
I would have to be very skeptical, though. Electronics is a highly competitive industry and it is difficult for companies like QCOM to maintain a technological superiority that allows them to generate high margins on their products on a sustained basis.
ESIO down on negative quarterly. I'm not surprised. I gave up on this company a year or two ago. It looked like they were in a big hole based on the fact that their traditional products are not enough of a business base, so they had to try to come up with new product areas to leverage their technological expertise, but it seemed like it was difficult to actually come up with a viable new product strategy.
The Assembleon purchase seems really positive to me also. Got a company that should strengthen KLIC's position in advanced packaging, and got it for a reasonable price. Just had to peel a few bills off their massive wad of cash to buy that company. Should help make this a growth company when the investor community thinks it is in a stagnant business.
Today's gain has tapered off. Maybe even worth buying a few more shares. This company's Enterprise Value is only a little over 2x its gross annual profit. When that ratio is 1-2 for a tech stock it is a screaming buy. I bought techs sporting EV/GP ratios of 1-2 in 2002 and after dropping 40% at first they proceeded to go up 600% over the next two years. (And would have gone up even more for me if I hadn't sold too early!)
KLIC is a tremendous buy.
Not a bad approach to the conf call. A few minutes of key business results and then hand it over for questions. I think that's what people most want out of cc's anyway, the Q&A. The business highlights you can read off the news release.
Doing well in the slow quarters is not as significant as doing well in the strong quarters since a fairly modest amount of deals could skew the results to be a lot more positive or a lot more negative.
That being said, the results are certainly positive. I am impressed they can achieve good gross margins in the slow quarter.
The only thing that can derail this company is for advanced packaging technologies that they are not strong in to eat away at the wirebonding market.
I believe there is no evidence that is on the horizon. Wirebonding will dominate for the forseeable future, and in advanced packaging, I think these guys are as well positioned to be a strong player as anyone.
I just wonder what is going to happen to GTAT's technology. They have some awesome stuff. If someone can buy that in a fire sale, then they are someone you might want to invest in.
Would love to see 10. I stupidly failed to own INFN stock when it made the jump from 9 to 13. I can't see buying it at current price but if it goes back to 9-10 I will look forward to the opportunity for a doover.
Would "wet plant" refer to the installation of the fiber into the subsea corridor?
further stretch the value and lifetime of the wet plant
Could someone who knows this technology explain what a "wet plant" is?
Seems like a good price at about $1 per dollar of annual revenue. KLIC itself has a market cap more like $1.50 per dollar of revenue, although if you back out cash it is more like 80 cents or so.
At any rate, it does not appear that they paid a big premium for the company. Perhaps they were not able to command a sky high price because KLIC is perhaps about the only company where they are a good fit as an acqisition.
Seems to me people aren't getting the oil price slump. These stocks should be way lower. If low oil and gas prices are sustained for a long time, and I see no reason why they won't, many of these companies will go belly up.
If there is a way to play the oil market, I believe the prudent course is to wait for the bloodletting, and then look for newly constituted or consolidated oil companies with strong balance sheets and stock prices still reflecting the dismal prices for oil and gas.
When GTAT blew up, my main question is, what happens to their valuable technology? These guys have some incredible stuff. Financially they are toast, but I imagine someone is going to buy their intellectual property. That someone could make out like a bandit. Or will they try to issue new stock after bankruptcy in order to attempt a do over?