Not proven. Street lights in all Chinese cities are LED's from locals,Taiwan and Korea. They are very competitive.
LED's are used extensively and heavily in the East and no one has complained of the bulbs being defective.
Russians and Chinese R&D likely to ensure Cummins engines are kept out of both countries. I don't think WPRT is going to get any near term benefit from this deal.
The "annual" cant solve anything. They have a patent which cannot be marketed because the Insurance expense exceeds the costs savings.
If they had factored that in their game plan we could have had a different outcome. They can now try to sell the patent to a big Pharma through a buyout for $2.50#$%$ most.
My FA is keen to sell as sales volumes are declining resulting is a lower earnings .
Does any one holding TARO know the reasons . Also, is it wise to sell a the current price in anticipation of lower prices during the next 2 Q's.
The use of LED's is now widespread in the Far East. Price competition is intense . ( 1/2 price compared to H.D pricing.)
I dont see the Consumer giving up on LED imports.
G.S is right in their call.. They were the ones who lured the Owners with tales of Grandeur. The Owners fell for it hook line and sinker buying more and more Co.s with debt.
It will take atleast 5 more years before MT breaks north of $20. Meanwhile you can get in below $10 in the next market sell off.!
MT gets what it deserves.!
It takes atlleast 2 Q's for Customers to change their mindset from Cashier to Kiosk. If you want to expedite that you have to bait the customer with some reward which means lower margins. for some weeks.
It would be wise to stay on the sidelines till earnings recover. which may be 2 Q's. Preservation of capital is important when the price is very large.
They have a grand vision of automated analysis of any data using AI. The trouble is Business now has too much of analysis & analysts.What they need most are inventions/ products.
Unfortunately no one has a solution for that.!
offthe : My statement is based on the price of steel & steel futures. ; likewise iron ore. There is a glut in production as every country rich or poor wants it share. This is compounded by labour /union/socialist Govts. that prevent owners shutting down losing plants and there are many I assure you.
MT is knee deep in debt. With interest rates on the rise, they will be in the red for a long time. I don't see any hope until production drops for 6 mths. That is unlikely before 2016.
Srikri: How many sleeping partners does Dr Reddy have..? Does this partner have most favoured status and does he use any of Dr Reddy's medication to enhance his sleep experience.
Very intriguing questions, but I am sure you know the details. Thx.
Cooper is a highly trained professional who understands Greed and has learned how to put it to good use.Their media hype is par excellence. because they understand how -ve cash flow can be expressed in different ways.
I don't think an unconditional sale will fetch even $2.00/sh.
ann_ar:: The Buy back can also be viewed as an act of desperation to cover the threat of falling sales. A high percentage prefer a cashier service vrs Kiosk self service. It will take some invcentive and reduced margin to make customers switch over to Kiosks.
I expect PNRA to trade sideways /down till the kiosk get acceptance.
Their well heads output have been spectacular with very little injection water in the flow or any serious pressure fluctuations. I expect them to outperform.
From 2013, INFY has been reengineering for the Overseas mkt. They are now ready to take on CTSH and MSFT by competing with lower prices. They are also in favor with the new Govt.
CTSH had many contacts in India but these are now useless as the old Govt has been defeated. The next 2Q's may prove to be difficult for U.S Software Cos. It may be wise to stand back and watch. CTSH will come thru but with some blood letting if revenue does not grow.