I would have liked to see an increase to the stock re-purchase plan on the ballot. Still hoping they exhausted the remaining funds from the last one. Not holding my breath.
Since the thread I posted this got deleted, here it is again:
Very few leaders have the guts to spend more on R&D when times are tough. A play that could go either way. US companies are all about the short term. Having a longer term strategy is secondary. Over the next 12 months, we will see how this decision plays out (Google is not the primary driver, but a nice to have...)
I feel Wu has done a tremendous job. Granted, their handling of PR has been atrocious
Valid points... The contracts (if they come to fruition) would have been for this years "crop" of devices. That remains to be seen as most new models are released late Q3/early Q4.
Hal, I posted in your topic. Very few leaders have the guts to spend more on R&D when times are tough. A play that could go either way. US companies are all about the short term. Having a longer term strategy is secondary. Over the next 12 months, we will see how this decision plays out (Google is not the primary driver, but a nice to have...)
I feel Wu has done a tremendous job. Granted, their handling of PR has been atrocious.
Yes, It remains to be seen if his decision to re-invest will pay big dividends (IRAD) But he does have good foresight and faith in the direction of the company.
Been in this stock ~2.5 years. TG handles the calls well. He knows how to answer analyst questions and is excellent at handling the issues relating to forward guidance. Typically conservative in the guidance. Errr... sandbags a bit...
anoy (lol), My reason for 6 is the ~3100 6 puts that will expire worthless if it is above 6 compared to the 765 calls that would get "in the money" .
Curious what your thinking is. .
LOL. even a positive post and you can't catch a break. That is exactly what the long thesis is. This is a 24 month investment goldmine... Short term is noise.
HMMMM. seem to have heard the same thing after the "plunge" to low 13's a couple months back. So what, think 2 years rather the the length of your... errrr....
I am looking for Rennaisance capital to be back in. They are smart. Any stock I have or am looking at that they are in seems to do well. (yes, that is a tip)
Not a falling knife... you have done a great job with your patience. This is about as low as they can take it given the still projected growth (not yet demonstrated) and dividend payment. Hell we all know next year will be at lease .29-.30 because they can... no debt. Tax benefit to doing so.
On a limb, closes above 6.00 tomorrow... Many reasons for it to...
BK is almost as big a joke as Chinese scam company. You are correst. they need to demonstrate growth. Valuation here is low given the dividend payment stream...
I appreciate the sentiment, Remember, I'm still holding so I do screw up big time as well. :)
This is not a "falling knife" here. They have taken it (pe wise) about as low as they can given projected growth. Had I sold when I should have, I would have been re-investing the same $$$ amount here with 250% of the shares.
P&G trades at 20X multiple and pays 3.2%. This Pays a better dividend , has better growth projected, and trades at a 40% discount to the P&G multiple.... Long term eh... My take is accumulate the heck out of it here... be patient and YE 2016 will be a big reward.
Both this and GTAT have the same time frame for me. At that point I will pull at least 50% off the table and go into my dividend payers. At age 52 (then) my retirement income stream will be set.