Sat, Feb 28, 2015, 2:00 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Silicon Motion Technology Corp. Message Board

dirtywill88 19 posts  |  Last Activity: Feb 20, 2015 12:42 PM Member since: Feb 7, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Buyout by Whole Foods

    by friendlymike100 Feb 19, 2015 4:07 PM
    dirtywill88 dirtywill88 Feb 20, 2015 12:42 PM Flag

    Well, the real question here is whether or not Kroger would be interested in the market/tri state area... where they currently have no presence... If the answer is yes, I would argue that Fairway is the obvious choice because of their growing infastructure that services the surrounding area... also, Fairway is in not really a play on the organic boom, it's really a play on fairway's particular model which quite frankly is very different from WFM...

    All that said, perhaps Kroger would want to buy Gristides instead(might make more sense in some ways) - arguably - but I could assure you, even though they do 1/3 the revenue with more than double the store count - their owner is not looking to sell cheap...

  • Reply to

    Buyout by Whole Foods

    by friendlymike100 Feb 19, 2015 4:07 PM
    dirtywill88 dirtywill88 Feb 20, 2015 12:03 PM Flag

    Yes, no question, that would be correct - I believe I wasn't clear or nuanced enough with what I was trying to express... There are many metrics you can use to evaluate revenue and many metrics that are used to do so in the supermarket industry... One of the more hyped metrics, particularly because it is a metric that is most closely coupled with the natural organic boom, a boom that Whole Foods has not only spawned, but for the most part owned - a boom that has also led to traditional grocers such as Kroger to emulate and introduce the organic platform in their own evolving models - is PRICE PER SQ FT of retail space.

    This metric is a barometer of customer volume and consumer transactions and in my opinion the best way to measure a brand's popularity.

    It is also a metric that Fairway dominates. Though some might argue that it is a skewed metric in Fairway's case as roughly half of their stores are urban and thus more frequented - what some people overlook is that their suburban locations, though not as staggering with respect to their competition in urban areas, continues to perform on the top tier - along with venues such as Whole Foods and Stew Leondards.

    Fairway's elite level of brand popularity brings with it certain intangible strengths that often get overlooked - though it has yet to translate to profitability, when fully understood and utalized by management, popularity of brand is the nucleus of most leading retail companies.

    Lastly Kroger's 100billion in revenue comes from roughly 2500 supermarkets along with 800 convenience stores and 300 jewley stores... But let's for arguments sake, as you seem to suggest, that all that money comes ONLY from supermarkets... Kroger would still be making approx 15million less per store per year than Fairway.

  • Reply to

    Buyout by Whole Foods

    by friendlymike100 Feb 19, 2015 4:07 PM
    dirtywill88 dirtywill88 Feb 20, 2015 10:31 AM Flag

    They are the biggest player in the biggest market in the u.s

  • Reply to

    Buyout by Whole Foods

    by friendlymike100 Feb 19, 2015 4:07 PM
    dirtywill88 dirtywill88 Feb 19, 2015 4:24 PM Flag

    Not really sure about that... though they tried to buy Fairway in 2004 well before they went public, their continuous, recent, and planned future expansion into NYC would suggest otherwise.

    Kroger from my perspective has always been the obvious suitor.

  • Reply to

    Buyout down the road

    by yukifish26 Feb 16, 2015 9:53 AM
    dirtywill88 dirtywill88 Feb 16, 2015 1:11 PM Flag

    When you say Sterling is going to want their money back, what do you mean? Are you suggesting that Sterling has not made their initial investment in Fairway back?

    Do have any idea how much Sterling has made off of Fairway?

    I am not trying to insult you - but what you are implying indicates that you may be a total idiot.

    As a long term holder, perhaps I could offer you some more reasonable sounding reasons to sell this stock than what you are suggesting.

    Let me know if you're interested.

    Sentiment: Strong Buy

  • Reply to

    Not good

    by char5es Feb 5, 2015 4:48 PM
    dirtywill88 dirtywill88 Feb 10, 2015 8:00 AM Flag

    Neither... I think he was clear that they want to get the underlying business right before they take on any more stores.

  • Reply to

    and another thing

    by low22jaybird Feb 6, 2015 1:29 PM
    dirtywill88 dirtywill88 Feb 6, 2015 2:33 PM Flag

    The reality is the guy was brutally honest, calm yet confident, while laying out an uncomplicated formula towards longstanding growth within an industry that he is obviously more than familiar. To say his presence marked a drastic change from former management would be an understatement.

    Oh, and in 90+ days he backed it all up.

    75pct q over q ebitda growth is substantial.

    nickels and pennies.

    1pct in this business and particularly at their unprescented customer volume i$ meaningful.

    He also aknowledged headwinds - eg wfm on ues - though I felt he may have overstated the pct hit fwm ues will take.

    long and strong.

    Sentiment: Strong Buy

  • dirtywill88 by dirtywill88 Feb 6, 2015 11:03 AM Flag

    Maybe you should short more... :(

  • Reply to

    Not Good but Good

    by mdx2000z Feb 6, 2015 9:15 AM
    dirtywill88 dirtywill88 Feb 6, 2015 10:00 AM Flag

    man... i wish this was dropping more... maybe folks wising up

    Sentiment: Strong Buy

  • Reply to

    Not good

    by char5es Feb 5, 2015 4:48 PM
    dirtywill88 dirtywill88 Feb 6, 2015 8:31 AM Flag

    I agree they will likely not be profitable in 6 months - but much of that will have to do with severance terms. Need to look through Glickberg's parting package again but I am fairly certain he must sell all or most of his stock in the next 14 days which will likely help short position and add to my long.

    Again, not sure you listened to the conf call but they talked about their new strategy on expansion - building smaller stores for less. In fact they raised enough to do so this qtr. Murphy could not have been clearer that this is no longer about the mirage of overnight expansion. This is about continuing to correct the underline isoperational sues - go after the nickels and dimes - expand slowly - I do not care about 6 months - I care about ten years and in that time I love the odds that this business will be worth at least ten times what it is now.

  • Reply to

    Not good

    by char5es Feb 5, 2015 4:48 PM
    dirtywill88 dirtywill88 Feb 5, 2015 8:57 PM Flag

    Again, you are not paying attention, you are sticking to an old narrative that was meaningfully put aside tonight, despite trader mentality that will likely persist...

    Murphy was what he is - the solution. If you had listened to the CC you might realize this was not about year over year, this was about QUARTER OVER QUARTER... This was about stopping the blood flow that they can control and genuinely restating what the correct path must be... slow and steady... nickels and pennies.

    Qover Q ebitda up 75pct - that's not the norm with respect to the old narrative. That's PROGRESS. Industry standard progress that will translate over time. That is reality.

    Why else do you suppose once combative analysts CONGRATULATED THE GUY!

  • Reply to

    Not good

    by char5es Feb 5, 2015 4:48 PM
    dirtywill88 dirtywill88 Feb 5, 2015 8:04 PM Flag

    was responding to the guy before you... I found your point measured and fair.

  • Reply to

    Not good

    by char5es Feb 5, 2015 4:48 PM
    dirtywill88 dirtywill88 Feb 5, 2015 7:44 PM Flag

    Absolutely will buy hand over fist again if/when it dips below 3 - also not sure you understand the industry as you allege to. For starters, you do realize debt is still where it was approx 24 months ago?

  • btw
    "The New York-based company said it had a loss of 25 cents per share. Losses, adjusted for stock option expense and severance costs, came to 4 cents per share."

  • Reply to

    Hmmm

    by dirtywill88 Jan 15, 2015 4:34 AM
    dirtywill88 dirtywill88 Feb 4, 2015 7:55 AM Flag

    Should be interesting indeed... The east 86th fairway is a MONSTER. It enjoys total market share of the surrounding area(ever walk by the eerily and constantly empty Gristides Mega Market?). The u.e.s fairway also continues to grow as a destination hub for the entire u.e.s.

    Not as likely we will see what happened in Red Hook play out here - however, in the short term, I would expect WFM to do whatever they can to steal market share - something they can readily afford.

    Very interesting.

  • dirtywill88 by dirtywill88 Jan 15, 2015 4:34 AM Flag

    Wonder why wfm's ues opening keep getting pushed back? They signed the lease a long time ago... hmm

  • Reply to

    board of directors get paid

    by netprophecy2 Dec 3, 2014 5:15 PM
    dirtywill88 dirtywill88 Dec 6, 2014 10:34 AM Flag

    No, I'm calling you disingenuous for being loose with the facts - as they are. That said, I'm not defending nor justifying greed as it may pertain to the ipo or certain ramifications of the ipo. However I do not share the belief that their was anything criminal about it, nor does the NY circuit judge who threw out the first suit several weeks ago.

    I'm not sure I would categorize their restricted stock offerings as re-pricing so they are in the money - it is my understanding, that these stipulations are generally consistent with their employee offering's - also restricted.

    If you're insinuating that Sterling is somehow at risk of losing money on this venture, that would be unlikely.

    They made their money back(and then some) awhile ago.

  • dirtywill88 by dirtywill88 Dec 5, 2014 10:52 AM Flag

    This is how this stock trades... typical low volume day. - up or down not as important.. anything other than low volume is worth paying attention to imo.

  • Reply to

    board of directors get paid

    by netprophecy2 Dec 3, 2014 5:15 PM
    dirtywill88 dirtywill88 Dec 4, 2014 10:38 AM Flag

    On the contrary, the majority of that reported sum is in restricted stock options, meaning no member of the board can cash in for at least the next 24 months - thus, their natural and intended motive is for the company to be profitable.

    But by all means, please continue the disingenuous blabber.

    Sentiment: Strong Buy

SIMO
26.59-0.89(-3.24%)Feb 27 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.