Khalid, along those lines... The new products are in areas where even the ultimate mfg. is not talking... They are all scrambling to up their game and don't want to tip their hands. Basicallly the analysts can get no firm information about any of it.
Analysts front ran this twice. Both times nothing transpired.... Now they are going with what is solid for their updates. At least they feel the traditional core business is still strong.
As for pressure along margin lines. Only on the lower end. For the products where the mfg wants some sort of an edge over compitition there is little room to squeeze HIMX down for a few year\s. Problem is the longer the wait, the less time in the drivers seat for HIMX as others will catch up relegating the new products (current crop) to commodity status.
Wu seemed pretty specific when talking about samsung and oled drivers... I believe the language was continued partnership or something along those lines. Don't discount HINX's ability for high res drivers... hye are a leader in the 4k world.
There seems to be confusion regarding displays on this board. HIMX produces only 1 type of actual display LCoS... be it LED LCD, OLED, or AMOLED HIMX does not produce it. They supply the panel makers with the drivers to make them work.
Jackie said it best during the Q2 12013 conference calls. It was LCOS that brought her to HIMX. Since she took the job, its the other new products that have her more excited...
HIMZ does nothing with AMOLED or OLED displays. HIMX is working on the drivers for the displays... Clearly spelled out in the CC how HIMX is involved with these displays.
EPS Estimates are not favorable to any significant share price appreciation. Looks like even northland is basing all on current product mix.
Norm and MG, thanks for the replies. Jeb... ehhh. Don't forget the "other" technical event shaping up now..... Funny how the timing of both is so close.
On the lighter side... Norm, your $100 sp would be nice. A breakdown of what It would take.
Assuming GP% of 25. Sales 4.4 Billion. Earnings of $850M (would equate to an eps of $5.00/sh PE 20 Div 3.50 (70%) 3.5% reurn. This assumes SG&A expenses go to 250M. Share count of 171M hurts of here compared to lower float companies. PXLW is one of those...
Hope the event forms. And jeb, no, I will not tell you where I expect the s/p to go...
Why bail now? Every stock I've owned that had great gains came with the same issues GSAT has. All had great stories, all had great uncertainty. This stock comes with the added regulatory twist. You either believe what your DD is telling you or not...
All done manually. Currently I hold only core. When I buy again, Those will be for trading. .50 to .75 gain and sell them.. Not worried about long term with them. Simply to make extra money. If It goes up more so be it. 2013 was great for these kind of trades. It is not IMO currently. Looks to be moving that way again..
Khalid, Fully understand what you are saying... My post was in re: fsus... And he was correct... The impact was greater elsewhere... But the opportunity was presented to take HIMX lower. I had a limit order in for 7.80... One of those days I wish the stock had dropped more.
You are right in regards to two 2 tango. It is never just the mm. Stops are placed and stops are taken out. I would prefer to place a limit order to sell prior to one of these events. They are just too eratic now... The dips are far shallower than they have been.
Jar is pretty much correct regarding how this is being managed right now. BofA is in control. The timing of their moves to upgrade this year and last coincide with ~ 2 months prior to what is expected to be a major event. Last year the Google additional stake. This year the Q2 conference call (guidance)and hololens... Rather surprised Jay has not re-iterated yet. But last year he did so 1st week of July.. Don't discount the cross looming... Which will coincidently happen within 5 days of HIMX cc...
While Jeb exhaustingly postulates the "dismal" Q2 earnings will drive the stock down... It is not about those earnings. If it was we would not be up ~33% in the last month. Those #'s are well known. It is about expected guidance and some release of a product using HIMX next gen tech. Same as it has been the last 2 years.
Right or wrong, my core is in place. Looking to add trading shares for what I think happens in the next 18 months.
You missed my point. Any opportunity to take out stops seems to be taken valid or not.
In a nutshell, they have slowly transformed themselves into a MFG. Well almost. been going on since 2012. Hopefully finally at the pilot stage...
Actually will be interesting to see if it impacts HIMX in the AM.