Agree that SALE is a good acquisition candidate but the acquisition of KING is completely unrelated to any possible deal of SALE. It actually kills some of the optimism of M&A for GLUU
agree with this. The stock is extremely undervalued compared to peers and offers the most attractive portfolio to potential acquirers. I think the post earnings reaction will be mum followed by continuous growth and new highs.
200 pe is trailing PE which is right because NPTN was marginally profitable mixed in with some quarters with losses so it is artificially high. I pay attention to forward to forward pe which is 15 according to analyst estimates
I may have jumped the gun on your question - are you suggesting that the 200+pe is wrong as it relates to 10 percent revenue growth?
easy....beat on revs by $4mm, and eps by $.06, slight raise on guidance....gm% down
All in all, non event. OCLR rose significantly on a slight beat to the upside but NPTN has risen since.
More or less a non event
CRNT is definitely getting clobbered today. Apparently the analysts missed the statement that the company's direction is profitable revenue moving ahead and they will take the few margin points in exchange for revenue.
While it was difficult, I added again today. My last bundle. I think CRNT's only impact to AVNW is related to Africa which was specifically mentioned as being weak and going forward. AVNW does a lot of business with African operators. But AVNW may be getting that low margin business.
The strength for CRNT moving forward will be the N American Tier 1s. It will be interesting to see how it plays out.
fear and greed at play here. be calm and stay the course, otherwise if you cant take the pain best to step aside. Agree its is ultra frustrating that this has erased all recent gains but its because the analyst and company are not in sync on the goals of the company. Once the message is clear and for lack of a better term 'smart' money invests, we will see better days.
I was surely wrong wrt the last qtr.'s performance, there is no denying that. I have learned not to make much from other company's results leading into earnings and will be taking some off the table in anticipation.
What you may not realize is that I have been in this stock since insiders purchased last year in the $2 range. I have traded it since keeping a core and trading position that has worked out pretty good so far. That being said, I have no expectations for this quarter's results based on the tone of the last call. I do think NPTN is an attractive candidate for a buyout given the improvement in financial performance and next gen technology. I also do believe in the CFO.
The IPO price makes no difference to me - it does seem that there are many old timers here with paper losses and the climb back may seem frustrating. If the stock stays where it is after the results, I would be happy.
I have no idea what your saying? This is a board to share opinions. If you don't like it, move on. Nobody is forcing anyone to do anything. What is your counterargument against? I am all ears...
When you listen to the conference call, there is a clear message. The company wants to generate positive cash flow, pay down debt and there is a goal toward consistent profitability. The market and stock price have a disconnect as the current p/s of less than .3 indicates that this should be looked as a value play and not a growth play. If the market and analysts expect growth, they will be disappointed. However, if you read that they expect operating profit and net income to increase, this is an extreme value play. I am on board with Alex Henderson as he saw the tradeoff as a positive, but tried putting words in CRNT's mouth saying that revenues have stabilized at the $80MM level - I think revenue will continue to erode into 2016 for the right reasons. I am strictly paying attention to GM% and profitability hitting mgt's expectations. The stock price will sort itself out.
The margins have increased very nicely and above any expectations. At current price, I would gladly take the margin expansion combined with the revenue decrease. In fact if the company is planning things correctly, the GM% and possible bump on top of current levels is welcomed even if the revenues lag from here.
The product is right and is needed by the market. N America is definitely the area of opportunity and GM% improvement where the situation is changing. I believe them that they are walking away from bad business and its the right thing to do.
If you were to value this company from scratch and not look at the historical revenue levels but the future, we would be trading at a much higher level at current levels. The price decline, while shocking to me, tells me that those expecting growth will sell and those seeing the future goals toward profit will jump in and we will rise eventually.
Disclosure - I am buying all I can at current levels and hope management doesn't shift their strategy as a result of the weak share price.
While the fact that zhone's track record is embarrassing, your post is completely useless and a dime a dozen. If you actually put in stop losses you would have sold long ago as those stocks are volatile and didn't go up in a straight line.
AFOP reported a horrible quarter. While not in the same sub-sector as NPTN, they are tied in terms of how the investor community used to view them but nice to see the trend decoupling. Early weakness followed by strength
the pruning is done and behind the company. The company needs to reestablish cred and indicate some of the strength OCLR and better yet INFN have conveyed based on how they see the market.