If you step back and take a look, oil has been more correct than anyone. Yes, crusty and rude, but pretty accurate.
Not sure this CC was enough to keep support up. Q3 looking like no new additional wins. the summer months are the time to get them with production for the holidays starting to ramp for the new products.
I look to trade this stock at opportune times.... Eventually will pull the trigger long.
mg, for automotive it's HUD. Heads up display. BTW, they are awesome.... Had one in my '98 GTP. Loved it. Eyes never had to leave the road. And yes, more commercials are showing HMD's
Wu keeps stating inflection point. This CC tells me how I handle my investment here for the next 6 months. If there is no hint of demand beginning, there will be at least 3 more months of this...
As FSUS stated, the #'s have to start creeping in if it is anywhere near prime time..
fsus.... I was talking about Q2 2016. Sorry for not being clear.
My comment was in regards to this post:
"Well there have been indications that revenues would not be very strong until well into 2016, not to be reported before the May, 016 earnings report."
And I should have stated:
"Unlike some are espousing, revenues don't magically appear for Q1's 2016 earnings release"
This quarters revenue and EPS are not in play unless it is a miss.
"You all can say what you want but logistically it can only make sense for Himax to finally start including some of this in their guidance"
Is spot on.
Is exactly correct.
MG, on the flip side.... Time is not friendly as others work to play catch-up on the tech HIMX has. Sooner to market, longer period of time with higher gross margins and less "real" competition.
You have to have pre-production and production ramp up phases.
Unlike some are espousing, revenues don't magically appear for Q2's earnings forecast.
Il the rift... Sensors and controllers. It is a VR device that has great potential to induce motion sickness. HIMX has that covered in their controller. They also have the eye movement covered with the eye tracking sensor capability.
I do not see any type of LCoS as I don't think it is the correct display type for that type of unit.
Since no one answered yet...
"ASUS Selects Pixelworks’ Iris Mobile Display Processor and True Clarity Enhancements For ZenPad TabletBusiness Wire(Mon, Jun 1)"
If you were unable to find that, you should stick to funds... This is a spec play pure and simply. Great for some swing trades in the past. Now possibly turning the corner.
Not much anyone can say. Earnings will be bad... That much is known. Q2 2014 was -.06. Estimnate is for -.09 this quarter. I sku hitting the shelves with PXLW inside soon. Management has hinted several more design wins on the horizon. We have all been hearing that for a few years... This time we actually have 1...
The conference call is what this is about. Key will be customer funded development revenue. That is the precurser to more wins.
Cash seems adequate for a while (burn rate is ~3m/quarter). Debt is low (!3m). Float is low (21M shares). A fairly tight balance sheet for the extended drought PXLW has seen.
"Earnings for the past quarter are supposed to be lousy also and the revenues for the next couple of quarters are supposed to not increase enough even for the himx's own guidance to be met."
1.) Q2 Earnings are priced in already..... It is well known YoY will be down as well as sequentially..
2.) HIMX has given NO guidance past Q2.... so how could their "own" guidance not be met?
.05 eps beat for Q2. $.36 YOY Q2 increase. Current Q3 estimate is .13. Current Q4 .22.
Expect Q3 estimates to begin to rise. I would expect to see Q3 raised to at least $.20 and Q4 remain the same. Already 20M in accelerated debt payment. 2 More quarters this year would bring that to 60M and an annual interest savings of ~$1.5M (using just the over libor % rate).
Frankly the quarter was excellent.
Correct. Only issue regarding Q2 earnings is meeting or beating. The amount is not important (low) because it is already factored in...