The Greeks just don' t seem to get it. They need austerity to get out of this, Whether it's imposed upon them by Europe or themselves in the form of exit and devaluation of their currency'; drachma, parallel or whatever.
Look at the mess that Iceland has been working their way out of by imposing bank controls and even writing a whole new constitution. I'm sick of hearing about Greece, who makes up 2% of the Eurozone. They have no real leverage except bondholders having to take a haircut, Get the scissors out and let's move on.
VLO has been forming a base for several months and seems poised for a possible breakout. I might add shares on a firm breakout with a close eye on it since I already own. Today, Reuters mentioned a continuing glut of oil and hot demand for gasoline. Refineries are running flat out so there is probability that several months down the road will be up to our eyeballs in crude and gas. But in the meantime......
Interesting about San Francisco; sounds a lot like Illinois and Chicago where they really have to raise taxes to fund pension deficits but just cannot bring themselves to do it. The legislature is at the 11th hour to pass a budget.
Nimble, that's my sentiment also. QRVO needs a couple of more qtrs under its belt. I own equal amounts of QRVO and SWKS.
As best that I can tell, QRVO never really gets overvalued; "they" always immediately pull it in. Ii's definitely not the darling of Wall Street.
Regarding ROI, it seems that the investment part has gone up significantly with increased inventories last quarter. Hopefully they can leverage that into healthy sales the next couple of quarters.
Good point. The large flows out of stocks have been reported but seeming to carry the connotation of a death knell for stocks. The "who's left to sell" hypothesis is interesting. Many stocks are pushing the envelope of overvaluation, but who's to fear this if all the predisposed sellers have left the building.
A lot of investors don't give enough respect to cash flow. Someone posted a while back that their cash flow was 18% more than the earned income figure. It's not happenstance; they are targeting this as an enabler to returning money to investors--per the release today.
What effect a rate hike have on the dollar? They must be concerned about this. Money flows out of developing countries back into the U.S. have been happening at a healthy clip and will only become accelerated. Hopefully an Asian financial crisis ala 1998 is not on tap. Financial engineering=unintended consequences.
Listen to the recent investor conference posted on the company's website for some reassurances, and from time to time work through some mental valuation exercise. One rule of thumb is that a PE ratio is ideally equal to the company growth rate, but a company with fundamentals like SWKS should really get some bonus PE points for cash flow, returns on equity and cash on hand.
$7 midterm; work that into a PE valuation exercise. I would actually deduct something off the $7 because that figure does not deduct employee stock options and I consider that as an expense. Even with that deduction, I consider this stock has value and is a hold for a multi-year cycle.
I've mentioned this before, make your first forays into a stock very, very small (maybe 2% of portfolio max) and add incrementally as your cost basis recedes in the distance. I had to learn this the hard way.
Most of us have been through this drill before. A falling market eventually takes 80% of stocks with it. One thing that I would look for, which hasn't happened in eons, is a fall with capitulation at the end; Now that's where some money could be made. I'm actually looking forward to a little chaos and disorientation.
It makes sense to me........but what doesn't compute is Yahoo FY 16 estimate of $5.94. Analysts have had to play catch up and I guess they will continue to do so.
As for myself, I will continue to take the company for their word until their word no longer rings true.
I don't watch any of these shows. I think they do a disservice to the average investor. Just one persons opinion. Anyway, the commercials are enough to drive me away
Gross margin for SWKS has been rising the last couple of quarters and is projected to rise again next qtr per the last earnings release.......". For the third fiscal quarter of 2015, we anticipate revenue to be $800 million with gross margin of 48 percent, creating a new baseline of profitability"
I would consider gross margin improvement as one of the signs of a moat. Interesting choice of words, "a new baseline of profitability".
Perhaps it might be said of SWKS that they don't need no stink'n acquisition--they're doing fine with growing organically. Look at their level of capital spending over the last several quarters and the return on this increasing base.
How much are they willing to water down their +20% ROIC and ROE with an acquisition?
In the seismic area, maybe DWSN is the best bet. They have 28 million net cash vs a net debt situation with MIND.
I'm not buying now, but trying to get the right perspective for when a turn is imminent. Lack of investment in the whole energy space will eventually ignite a conflagration of a turn.
I say, do invest, but make sure your company doesn't go bankrupt in the downturn.
This company doesn't have much cash, and how long before they have to start writing down their assets.
That could be said for a lot of other European countries. That's how they can charge our expatriate companies only 15% corporate tax. Ireland has been a poster child. Who's going to come to their defense when the Russians invade--the good old US of A.