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Westport Innovations Inc. Message Board

flashopportunity 4 posts  |  Last Activity: Jan 8, 2015 10:25 AM Member since: Aug 27, 2009
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  • flashopportunity flashopportunity Jan 8, 2015 10:25 AM Flag

    Considering there has been no follow through today (so far), it seems like yesterday's run could have been a bounce from oversold conditions combined with a positive reaction to the multiple new product announcements.

  • flashopportunity flashopportunity Dec 3, 2014 12:23 PM Flag

    I think the proposed buyout still makes sense for the state backed China company. OVTI is the leading sensor provider for China industry. Buyer will probably stick around. Long, protacted negotiations are par for the course for Chinese. And OVTI's investment in China Wafer Level, symbol 603005 on Yahoo, continues to gain. By my calculation, a potential sale of China Wafer in February after lockup could add over $3 per share eps after taxes, though I doubt they would dump it all.

    Regarding low guide for this quarter, first, I suspect they will beat it (guide low and beat pattern) and second, I think it reflects a temporary industry wide inventory correction in China.

    Company had some interesting comments about automotive, once again noting the long lead times necessary to get actually get products in to cars on the production line. Lead times are measured in years, not months, and OVTI is well ahead of most competitors here, so they have a bit of a "moat" as Ray explained. Also, the product lifecycles go on for years once they are in a particular model car.

  • Reply to

    Who cares about buyout?

    by webe_17 Nov 17, 2014 1:20 PM
    flashopportunity flashopportunity Nov 28, 2014 12:59 PM Flag

    I just sold 1/9 of common at $28.79 and hedged 50% of the rest by buying some cheap, downside Dec puts. Still long term bullish, but I am nervous about this quarter.

  • Reply to

    Who cares about buyout?

    by webe_17 Nov 17, 2014 1:20 PM
    flashopportunity flashopportunity Nov 24, 2014 11:38 AM Flag

    Yes, OVTI continues to innovate and is well positioned in multiple markets. I have no idea how the earnings report will go this quarter, but I remain long term bullish on the name. Soup still around?

3.35-0.095(-2.76%)Jan 30 4:00 PMEST

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