Koyak, I've been keeping my eye on this one since the meltdown last spring. currently sitting on the sidelines with cash to invest. Made a nice profit with NTE from the last steep climb.
Not too sure where NTE is currently headed with current business long term, as they wrote off the costs of the new equipment and closing or maybe mothballing the plant, but I feel very strongly about Mr. Koo and Mr. Kellogg holdings, they know more than they can tell us at this time, they are well networked with the local government and will not lose on this land deal, they will not disappoint investors who are willing to wait things out.
I will be back in the stock sometime down the road but for now just waiting to see the quarterly report.
No news to report, I think investors are finally realizing that NTE is not getting any new orders in for the display business with Apple. Stock may hit low $6's before stabilizing.
NTE was screwed over by their customer JD, as Apple demanded another big cost reduction which NTE said no to and could not do.
This sell off could be due to one of the big hedge fund investors, moving on and dumping their shares to offset gains made this year.
You left the Republican party because you wanted free stuff, let's face the truth. Get a job and pay your fair share of taxes
Thanks for the play by play, personally, your comments don't mean anything and are basically Monday morning quarterbacking. Why are you here on this board?
iPhone 5S hardware specs leak: 4-inch IGZO Retina display, 12MP camera, quad-core GPU, same CPU
Right on schedule for a mid-September release date, photos and hardware specifications of the iPhone 5S have leaked from the Chinese supply chain. Looks-wise, the iPhone 5S appears to be identical to the iPhone 5 (no surprise there), but the internal hardware specs have received a significant boost. If the leak is accurate, the iPhone 5S will have a quad-core PowerVR SGX544MP4 GPU, 4-inch (1136×640) IGZO display, 2GB of RAM, and the brand-new introduction of NFC and… a fingerprint scanner. The CPU, according to the leak, will be the same Swift core found in the iPhone 5′s A6 SoC, but clocked at a higher speed.
The interesting features are, of course, the fingerprint scanner and the IGZO display. The IGZO display will probably look identical to the iPhone 5, but the superior display technology (IGZO vs. amorphous silicon, a-Si) means that the IGZO display will draw considerably less power. The other option is that Apple can make the iPhone 5S’s display brighter, while consuming the same amount of power. If this leak turns out to be true (and it’s not the first time we’ve heard it), this would be the first major outing for Sharp’s IGZO technology. The other IGZO-based product that we’ve recently seen is Asus’s 32-inch 4K monitor.
So, is there still a small chance, NTE is still involved with IZGO display work for I Phone 5s, or am I on drugs?
For close to 20 years, this company has hurt 1,000's of hopeful shareholders, many being locals from St. Louis who got caught up in the dream. The time is near for the end of the road. buyout should be around $15.75 to $18.00.
My guess is that the company will be broken up and sold off in parts. The aircraft brake business will bring in a good sum, most likely sold to a current highly regarded aerospace supplier, maybe Untied Technologies (they own Goodrich, ZOLT's brake customer). Why,, because ZOLT material is qualified as the material required for carbon aircraft brakes and is used by the two largest aircraft brake suppliers in the industry. Also it take millions to fund and years to qualify and approve a new CF supply source.
Wind energy will also drive a somewhat good value, SGL looks like a good candidate here to acquire this business, they have the financial strength to take this business to another level. ZOLT auto business is nothing as of this date, but the increase in production capacity would be great to add to SGL's for their growing CF automotive business. WHY, again, ZOLT has the approvals from Vestas and Gamesa in the wind business, also it also takes many years of testing and strong financial investments to gain approvals in both wind and auto markets.
Other than that, there is nothing left of value.
Analyst checks of supplier channels seem to indicate that Apple's forecast will be reduced at least 20% for the 2nd half of 2013.
I guess this is nothing new to us here, another possible decision that hurt NTE is the possible introduction of a low cost I-Phone for the Chinese market. I am sure, JPC got wacked for not meeting the price reduction demands to meet this new price target.
I still feel that with NTE's expert capabilities, they can secure new customers outside of Apple and again grow the business. This may take another year to do, as these decisions by customers do not happen quickly.
Apple Likely to Cut iPhone Forecast: Analyst
By Bruno J. Navarro | CNBC – 14 hours ago
Channel checks suggest Apple' (AAPL)s core suppliers are expecting a 20 percent cut in orders, Brian Blair of Wedge Partners said Monday.
"So, when they make a dramatic change in their forecast, they need to let their suppliers know," he said. "And this is coming from some of our supply-chain work out of China and Taiwan that has let us know, not exactly, but that there's been roughly this kind of a change in their forecast for the period from June to December, about a 20 percent cut in what they've been telling their suppliers to be ready for."
On CNBC's " Fast Money ," Blair said that "approximate numbers" show Apple was likely forecasting demand for 115 million to 120 million iPhone models, which was recently cut to about 90 million to 100 million total iPhone units.
Blair also said that he expected Apple to produce a smartphone at a lower price point.
"For the new low-cost phone, I believe that it's basically going to be something similar to what the current iPhone 4 will look like but with a plastic back instead of a glass back," he said. "That will allow Apple to sell it at a lower cost.
got out yesterday, had a very small loss. Will be back sometime in the future