Seems similar business to KTCC. I classify this as a turnaround story. The numbers are somewhat ugly but are moving in the right direction. I have been buying and will see if this trend continues. They are similar to KTCC so I was wondering if anyone follows it in this space.
I know you mentioned it on the board and I took a look. I liked what I saw but have been too busy to act upon it. We have been in the process of sub contracting a small house and will be moving in May so I have been preoccupied for way too long. Need to get back to the investment mode.
I was going to buy some recently down at 22 before earnings but was too lazy. I did sell 1/2 of my position at 25.88. Not sure why. Will buy back if it dips or sell the rest if it goes up.
Sorry but I don't follow it and don't have an opinion. It is up +15% today so far with less than $40 worth of volume (18 shares). Average volume is so low, I don't know how you would build a meaningful position.
If we hit 3 buck earnings as geezer mentioned, a 20 pe multiple puts it at $60. I don't think a 20 multiple is at all unreasonable. I lightened up a few shares at the last spike but bought most back at a cheaper price. With this added pre-announcement info, I should be holding again for awhile. It certainly doesn't look overpriced.
"This is also taking into account only LCoS"
Just thinking the same thingl. I assume controller products for the VR/AR space would be made elsewhere and wouldn't have capacity constraints.
So now it isn't "funny accounting" but rather a conspiracy theory. Your second post of all time stinks as much as your first and has no basis for any wrong doing or impropriety either.
The stock price is holding up well so your drivel isn't being bought by anyone.
I have had companies that have de-listed and did a better job at communication and reporting results than many listed companies. Many of those de-listed voluntarily to get away from regulatory expenses.
Be careful of what you say on this board. You can get strung up if you don't believe HIMX is in every electronic device know to man regardless of how long you are.
I have sold and bought some share opportunistically over the years. I just checked and I have about the same number of shares today as I had at the end of 2011 so I have done well on this one.
As I have mentioned before on the board, don't under estimate the effect of IBD. It has been getting some coverage and high ratings.
Well, I don't think the outlook for SIMO has ever been better so it probably deserves to be setiting all time highs.