I thought the results looked good and the outlook even better. The consumer products order got pushed back and did not ship in Q4 but it is ready to start shipping in Q1 2015. That is low margin business but will help cover some overhead costs. Another big plus is the new bed frame is getting off to a great start. It sounds unique and has a lot of potential. They are finally getting some cross selling going on with MC Healthcare. Also, the online mattress website is up and running with some positive traffic. That should be some small for now but incremental business. I am surprised we are not back into the 20s yet.
Yes, I think he did a good job. Remember, he does have his hands tied behind his back with what he can say but as time passes he will be able to reveal more and respond better to certain issues.
Yep, I agree with you glhsken. The lower price won't matter one bit on R&D spending. Sometimes companies get nervous with a low share price because of hostile takeovers but I don't think that is an issue either.
I had no trouble at all understanding his language or concepts. He is doing a great job all around.
I wish some of the folks that gave you thumbs down had the balls to call you out. Your posts are nothing but #*!?#$. HIHO is reducing customers by their own accord to get rid of unprofitable business as they previously stated. In spite of this, both sales and earnings grew YOY last quarter. In fact, margins continue to improve greatly which disproves you imploding costs rant. Earnings grew 175% YOY last quarter from 0.04 to 0.10. To be fair, this includes some equipment sales without which the earnings would have been closer to 0.07/shr which is only a 75% increase.
ADVICE TO THOSE READING THESE POSTS:
Look at the company reports yourself. Look at this person's previous posts. They have been saying the same thing for some time and they were not true then and still are not now.
This is a great company with great management. Check them out
I am talking about FOURTH QUARTER GUIDANCE. Yahoo has 0.12/shr earnings estimate while the company gives lower as shown from the cut an paste below:
"Net Revenues: To be flat to slightly up as compared to the third quarter of 2014
Gross Margin: To be down within 1% from the third quarter of 2014
GAAP EPS: 7.5 to 9.2 cents per diluted ADS
Non GAAP EPS: 7.8 to 9.5 cents per diluted ADS"
Note GAAP and non GAAP guidance numbers are similar.
Both are losing money hand over fist. I take it you are not in it for an investment but rather a bet on a takeover?
I have been adding and even subtracting along the way. I am up big time to this point counting both realized and unrealized gains and loses. Don't care if you believe me or not. I have posted on the board infrequently for years.
For Q4, the company guided a range with a mid point of 0.088/share non GAAP while the Yahoo has the median analyst guidance of 0.12/shr. I don't think it matters at all since the overall story stands. However, this will probably be a bother to some traders.