maybe they don't know until they get paid by the distributor which could be weeks after the qtr end.
what do u do with the dividend? Do u auto-reinvest? On a lightly traded stock like CLCT, not a good idea. I take the cash, wait for it to go down, and then re-invest at a good price. I can usually get it 10%-15% lower than just auto-reinvesting
maybe. I'd rather put the money in something that pays a dividend. This is at the top of a range so unless it breaks out, I can do better elsewhere.
15c-20c every qtr of expenses is non-cash (stock based compensation, amortization, depreciation, discontinued operations). So GAAP EPS needs to be around 17c to break even. Watch cash flow, not EPS. They would have generated cash last qtr were it not for starting up a new Chinese subsidiary. This is their "slow" season. The best qtr is next qtr, followed by the qtr after that.
I am buyer at $14.
I took out $6.15. I saw a large sell order at $6.20 and figured the seller was getting aggressive. down to 25K shares now. I sold my highest priced shares for a minimal gain and lowered the avg cost of the remaining to under $5.50.
from a ORBC PR today:
ORBCOMM is a global provider of Machine-to-Machine (M2M) solutions. Its customers include Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery, Hyundai Heavy Industries, I.D. Systems, Inc., Komatsu Ltd., Cartrack (Pty.) Ltd., and Volvo Construction Equipment, among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure as well as our Tier One cellular partners, ORBCOMM’s low-cost and reliable two-way data communication services track, monitor and control mobile and fixed assets in our core markets: commercial transportation; heavy equipment; industrial fixed assets; marine; and homeland security.
ORBC has a 2 year agreement with IDSY for AI satellite comms. The agreement ends end of 2013. ORBC has bought some AI competitors in the last year or so. Why would IDSY want to renew that agreement? Is the AI cellular announcement a prelude to moving away from ORBC? IRDM would be a logical choice to move to as they do not compete with AI. I suspect IDSY will ask for a price reduction to stay with ORBC. I would.
curious that in latest PR ORBC lists IDSY as a customer. ORBC now competes with IDSY. IDSY announced this week they now have a cellular offer for their equipment. The 2 year agreement between ORBC and IDSY ends at end of 2013, I would suspect IDSY to look elsewhere for a satellite partner. Someone who does not compete with them. Unless of course ORBC cuts their price by a great deal.
I.D. Systems, Inc. (IDSY) Shares March Higher, Can it Continue?
Zacks By Zacks Equity Research
43 minutes ago
I.D. Systems, Inc. (IDSY) has been on the move lately as the stock has risen by 10.7% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue?
While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on IDSY is moving in the right direction. In fact, the stock currently has a Zacks Rank #2 (Buy), suggesting that the recent run could certainly continue for this in-focus company.
more insider selling last two days by ex-ceo. sold 10K shares, now has 23K left. It typically is not a good move to buy right before ex-div date. You want to buy 1 month before the anticipated date to enjoy the ride up. I think today was more insider selling by any number of people. Nov-Dec is their weakest time but I suspect most of the selling is just people taking LT gains.
I am looking to buy more under $15 but will be patient as the insiders are sloppy sellers
my favorite item was the Cuban Chicken which is no longer on the menu. My second favorite was the "Italian Sub" which they changed. Still like the bread, but looks like I will be going elsewhere for lunch.
Tellular bought Skybitz for about $40M. Considering that AI is growing less than 2%/yr, I would rather sell AI to Skybitz than the other way around. We could probably get over $20M for AI (we paid $16M for it). Using the same metric Tellular used to buy Skybitz, we could get $30M for AI. Sell it and buy back 3.5M - 5M shares. AI is steady income but no growth. Wall St rewards growth.
here is Skybitz' announcement re cellular just a few weeks ago. Also, they just announced an Analytics product as well
SKYBITZ INTRODUCES ANALYTICS DASHBOARD, CELLULAR TRACKING DEVICE
Posted October 23, 2013
ORLANDO, FL. Asset tracking provider SkyBitz has introduced a web-based dashboard for analyzing historical data collected by their trailer service and a new cellular-based tracking device custom built by the company.
Announced at ATA’s annual management meeting, InSight Trends allows fleets using SkyBitz’ InSight trailer tracking system to analyze large data sets and view results quickly in easily understood formats, according to Henry Popplewell, sr. VP and general manager. Examples include reports identifying conditions causing under or over utilization of trailers, comparisons of actual performances against goals, and downtime drivers.
The new data tool not only allows users to manipulate their own fleet data, but can also be used to measure performance against best-in-class operations, according to Popplewell.
The new Falcon GTX3000 trailer tracking unit is being built by SkyBitz rather than by a third-party supplier, Popplewell said. By using the cellular network rather than SkyBitz’ satellite-based tracking network, the new unit can provide more on-demand data on a real-time basis to drive features like the new Trends tool, he said.
The GTX3000 can run on its internal batteries for 90 to 120 days and recharges when the trailer is connected to a tractor via the seven-pin connector. Users can program reporting frequency and choose from a menu of available data points including miles driven, arrival and departure times, stop and start times, geo-fenced alerts, and load status when fitted with a cargo sensor.
looking at the Events web page under "about us", AI was presenting at some Expo starting yesterday. I guess this "announcement" was for that expo. Still not sure why it was not a PR. My guess is that it is not ready for immediate release.