wallstpirate, Long and short of it. there is not 100% confirmation. Bets indicator is this from the recent BofA/Merril report
"The augmented reality's (AR) commercialization further strengthens the firm's bullish stance on the company, as it benefits from both volume and mix improvement in LCoS and WLO. According to the firm’s recent checks, Himax sells content worth $130-150 per unit for Microsoft Corporation's (NASDAQ:MSFT) HoloLens in FY16."
First time in a while a message showed up on this board and immediately went to ignore... This means a returning serial basher with no skin in the game and only seem to post during times the stock is in an apparent up trajectory or gaining decent momentum.
I think I'll go buy Alcoa...
Critter, a cut is not elimination. The dividend amount will be cut... At the very best, it will be similar to 2012 when earnings were ~.06 and the dividend was ~.063. Anyone here chasing dividend is in the wrong stock....
"The dividend has only been back a couple of years."
Not sure what you mean here trumpace. It has been paid consistently from the year it started trading on NASDAQ.
Granted it was 6.3 cents in 2012 (actually 100%), The last time HIMX was in a Wu referenced "inflection point".
And yes, Wu will not borrow against the future. They have the cash reserves to fund the capital projects internally... HIMX does not seem to like any type of debt....
I see it behaving today as it has in the last week... down early.... We will see if another"push" happens and the price jumps .10-.15 in a short time span as it has several times in the last week.
The lack of visibility to the BofA report was foremost in my thoughts this AM as well... The Najarian effect (limited) was seen yesterday afternoon...
Nostalgia is great isn't it pag... Instead of swing dancing, it was trading.... Buy the dips sell the runs with scalp shares... Leave the core intact... Need more Jan 17 calls here... of course I could eat my words as well...
This is when it gets fun critter.... Increased notoriety brings the daytraders... But, it is far easier to trade on the upside than on the downside. Much more predictable. You know they have to lock profits in...
small timer... lol
Jeb, Do yourself a favor and come off the robotic replies. Like a clock they will be right sometimes. Look at the trading the last time the investment world thought product was coming to market. It did not wait for actual results. It ran early based on the future expectations. Well that time flopped.. lol
You will see this trade between 15 and over 35 pe (forward) over the next year. Why, because more growth is forecast further out than the next 12 months. Tading will become erratic and irrational on the upside, followed by profit taking often.
Do yourself a favor, buy long calls and sit back and have some fun. Hmmm 3k shares is enough to buy 10+k (100+ contracts) March 2017 7's... Its called leverage.
Critter, we all get it.... Some of us went through the 1st one as well (Still have shares with 1.8x basis)... Wu using the term inflection point is not a small item. Especially when he compares it to 2012... Simply passing the time until it arrives (and it looks to be knocking)
As Hasch said, look out... here come the day traders and shorts. Look for the beta to increase and extreme volitility to set back in... People would be well served to look at the charts from Jan 1 2013 to March 2014.
The "new factory" expense will be parked on the balance sheet. It is a "fixed asset" and will be depreciated (expensed) over time. Hit to earnings will be minimal.... I've calculated it in another post. Google fixed assets and depreciation.
Brings up an interesting question. When will it be finished...If you look at the BofA report.. Page 10 fixed assets. You will see large increases in fixed assets culminating in Q3 2016. These would correspond with the building of and fitting out of the new production facility.
Agree on oculus regarding the display... Different animal. Sensors are vital in oculus... would be reasonable to use sensors (for tracking) from the company that produced the timing controller. You would think it would be a seamless fit.