Now that I'm back in New York, I walked into the Best Buy store on Lexington Avenue and 86th street and scouted the oled pickings..........up until now, generally slim pickings. Today, things are different. At the bottom of the escalator, in plain view, is a 2016 curved screen 55" being sold for $1,795. On the back wall is another curved screen 55" above a flat screen 65" being sold for about $4,500. Honestly, the pictures look great.
When I asked the salesman about them, he went on and on about how fabulous they are. I asked if they are selling and he said "sure are"............what would you expect the salesman to say.
When the price of the stock was $63/share, I asked what wise minds thought would be happening if last night's report was as projected..............no profit, 31 million dollars in sales..............and no change in projection for the year.
There was no answer to my question.
Now that the price of the stock is $56, what do you think will happen over the next week?
He deems the biggest risk to Apple what happens in 2018 with the use of “OLED” display technology:
If it is indeed true that iPhone replacement cycles have contracted this year, the biggest risk to investors is that the iPhone 7 offering is viewed as largely incremental, and replacement cycles get further extended until perhaps FY 18, when Apple is increasingly expected to offer an OLED-screen device. This could lead to flat to declining earnings in FY 17 and likely the stock being dead money for a year, but potentially enjoying very strong YoY earnings growth in FY 18.
Given the recent rise in price, what will happen if UDC does meet expectations for q1 and does not change estimate for year?
q1 sales average = $36.56 million
2016 sales average = $221 million
q1 profit average = 0
2016 profit average = $1.14/share
Hard to believe that Samsung will cede this business to LG. I guess you can say "it's just a matter of when"
And, of course, that's my concern. What happens when they report q1 as the hmmmmmm quarter that's projected and don't change projections for 2016?
On all other weeks the price of OLED goes up and down........this week, only up
On all other weeks we hear that Apple will soon be using oled.........this week, only in 2H17
On all other weeks we here there will be a buyout.........this week we know that can't happen
On all other weeks we hear phosphorescent blue is right around the corner...............this week we know it's not
So why has the stock gone up so high and what's going to happen when q1 results are reported?
I'm with you cooters..............as you said later, management sometimes gets creative as to how they disappoint. Maybe not this time. Maybe they will say something encouraging
And so the long term case is made for oled and OLED. Those of us who took this 15 year ride from $3 to $55 had a different and much more rocky road than those who will spend the next 5 years riding from $55 to $150 or $250. It's been fun but I'd never do anything like this again. PANL ON!!!
Are you serious? Is this a 10 year old agreement? Shame on him for posting that way.
My pleasure. It's much better knowing that you're not the only one crazy enough to have stuck it out all these years with the "future" so close............not to complain that stock has gone up from single digits to where we are now over the last 15 years or so
I am surprised, pleasantly, that as of this posting we have added 12 new members. Some have been long since single digits. Some have only been with us for a year. Please keep sharing important information and I'll keep passing along