You are getting very excited about the minor bump that results from the release of a new version. There was a minor bump in the US as well, but then Ayakashi quickly sunk below 100 again.
But they already have an iphone optimized slots flop -- riches of olympus. Do you think they need another flop? Won't having two flops split the audience?
I would not call selling because of the whims of the market as it pertains to a micro cap stock "discipline". In fact I would probably refer it as something more akin to the opposite of discipline.
They are really good. As we discussed most of the Taiwan chip industry posted good february numbers, but none of them (AFAIK) actually posted an increase over January. This is great news indeed! Today was a horrible day for Chinese stocks in general but we should get a stock rise soon enough.
Joe, you are absolutely right about our analyst, we have been complaining about his bizarre 2015 prediction for weeks.
By the way, is there a website that splits out each analyst prediction? Yahoo finance only provides the averages.
AFOP is probably the biggest value I see in electronics right now. It is suffering because (i) the ceo made an automatic sale several months ago (although he still holds a large number of shares (ii) the company is still being confused for a cyclical telecom equipment company, when it is more of a data center co. (iii) the CEO has a very strong Chinese accent and yet still insists on doing all investor presentations.
But in reality AFOP is a bet on optical in the datacenter with incredible growth, which should fly as soon as people discover it.
That being said, please take what I say with a grain of salt. The last stock i recommended on here was MX and that one is not turning out very well (although I still have hopes).
The yoy increases were pretty good though. SPIL and CPT had eyepopping 31% yoy increases. Winmbond was +17% yoy. Even regulation plagued ASE had a 12% yoy increase. The Taiwanese electronics industry looks to be starting a very good year.
I very much doubt there would be a miss seeing how Pera raised guidance. Furthermore, in the computer/electronics industry price has often been a significant reason why a company can take over an entire market.
This is how personal computers took over workstations, how x86 linux servers took over IBM unix servers etc. Lower price leads to more sales, which leads to even lower prices which leads to even more sales. And once you have a lot of sales you can spread your RD budget over more devices and all of a sudden your device becomes better than the high priced device.
This is how it transpired that in the mid nineties a $1500 PC would actually have higher performance than a fancy $10 000 SUN workstation. And we all know what happened to SUN.
It is true Q1 tends to be slow across the entire industry, so I do not think Q1 weakness would impact the stockprice very much. Nevertheless, Pera raised guidance for Q1 so we might actually see good results for this seasonably weak quarter.
You should read the Berkshire Hathaway annual shareholder's letter which was just released today. Warren Buffet has a good discussion about people that pay too much attention to stock prices and not enough attention to fundamentals.
Fundamentals will catch up to Zynga. They make money from games. If no-one uses their games where will they make money from. Last quarter's "beat" still registered massive yoy revenue drops. The only reason it was a beat is that it seems that farmville revenues are dropping slightly slower than expected. But they are still dropping.
Hit it Rich has fallen to the 60s from the 30s. The Zynga game of new hope is obviously on the decline after reaching a top of 30 in the rankings. I have to admit, this was better than I expected but still not enough to make a difference in the long run. It is all downhill from here. Riches of olympus is still going nowhere and treading water below rank 200 both on iphone and ipad.
But the biggest failure is natural motion. Among the top 100 games on the iphone AND ipad, natural motion have a grand total of .... one. It is CSR racing at a very unimpressive number 73 on the iphone. This is going to turn out to be a much faster failure than OMGPOP. It is now obvious that this 500 million dollar purchase was a waste of at least 400 million.
But do not worry. Once natural motion's failure becomes obvious, Zynga will just over pay for other companies in a mad dash to mask their falling revenues. This will repeat until their cash hoard is depleted.
I tried to, but I was 20 minutes late. The operator told me they concluded in about 11 minutes. This is really unusual. Is this true or was my operator confused?
SLCA shareholders are smart enough to see a single quarter blip for what it is. You may be smart enough too someday. When you learn to read and write a whole new world will open to you!
Nothing was worse than expected. Results were exactly the same as pre-announced in a late January press release. But of course I do not expect you to have read said press release as you clearly have yet to master the English language.
Anyway, the weather is warming and fracking is starting anew. The issue with the bankrupt client is past them. I expect upside from here on out.
There was a major beat on revenues. Non-gaap eps missed slightly because of a one time problem with inventory from past supplier. But they also had a huge one time tax benefit which makes up for it.
Yeah, RMG is mentioned mostly in the risk factors section, which talks about all the terrible things that may happen. Furthermore, the 10K continues to repeat the language that they are reevaluating their RMG operations to see if they fit within their strategic goals. This means that existing RMG is not hitting their internal goals, and they are considering cutting it.
Sorry, but RMG is not going to be Zynga's panacea. And when longs pit their hopes on RMG it just shows desperation.
This is not heavy insider selling. One VP sold some shares according to a previously defined plan (she is also the CEO's wife). If you compare the shares she sold with the shares her husband owns, this is nothing. A couple of directors also sold small amounts of shares. Again the shares they sold are absolutely minor compared to the shares they own. This is pretty much beer money for those people.
For a tech company, this inside selling is far less than usual. Seems insiders are intent on keeping their shares.
The 2014 revenue guidance was also a beat. For 2014 Q1 revenue guidance was inline, eps guidance was slightly less. This is not unexpected, they are investing in growth, and that will have some effect on profitability. It is not easy for a service company to grow revenues 25% yoy on a continuous basis.
It is a 3.3% rally and the volume was not that bad. Volume was only 20% under the average which is not bad for a no news day. Anyways, shorts should be worried because this is a successful fast growing and highly profitable company. So any moment they may do something that will slam the stock upwards, like announce a buyback, increase the dividend or just announce new forward guidance.
Even if they do nothing, shorts have only until next quarter's report to cover and who knows ... the stock may keep growing from here.