wy, your read mirrors mine.
The below was most interesting... Hmmm capital raise for HDI..
Q: Will Google participate in the second round raise of HDI? What will you use the money for?
No but business relationship ongoing and very close.
I have to make it clear that for Google to invest in such a small portion of equity of a hardware partner is a very rare case. It’s not weird that they stop here.
The money will be used to pay back debt (to parent company) and to invest in RD and facilities, including purchasing new machines.
We can’t disclose further due to NDA with customers.
We are at the final stage of the raise now- waiting for investment
commission to approve Himax Cayman’s participation.
Capital increase by cash ~NTD 900M
Our technologies are way ahead of other LCOS or microdisplay companies.
We have accumulated the know-hows through working with mega
The equity raise was not unusual for PXLW. They sold $1.3M worth of shares in 2014. $10.1M in 2013 and $450K in 2012. They burn cash each quarter.. Inventory funding should not be handled via additional shares...
Both Refiners and Retail outlets are holding their fuel prices higher compared to the initial drop in oil last year. GP for them is increasing and end users are still over $1.00/gl better off than they were... Interesting how oil hit a 6 yr low and fuel prices are .30-.50 cents per gallon higher than they were last Winter.
" In the end shorts have to cover which means they end up owning shares in that stock as a long position. So why would any investor purposely invest in something they do not believe in?"
No, they buy the shares to turn over to cover their short position.. At the end of the day, they own 0 shares unless they buy more than needed to cover the short...
No they do not!! Exactly what we have been expecting...
Well said. Very few investors see the other side of their trade.. Money is made on the way up and down..
Be it apple or whomever, key was design in's on new tech. Hopefully this starts an avalanche of such announcements... Couple that with the Oculus tentative release date.
It seems to be about the "perception" that has been created. No different than "buy ratings" coming out just before a stock tanks...
Correct pag.. It is is the Shipping terms that dictate when revenue is recognized... FOB origin or destination. Auto makers have done this for years. Trailers of parts sitting in their yards. It does not become their inventory until it is recieved at the dock.
Surreal. This is about GAAP. To be listed on the US exchanges, Earnings have to be reported GAAP compliant.
It is Taiwan Tax code that insures the dividend...
This is not about the IRS. It is about GAAP accounting which is how EPS is reported.
Next quarter's eps is not down due to a "one time" expense of $40m due to plant and equipment....To say the 40M is expensed in Q3 is incorrect.
LOL... Online definitions save a lot of typing....
This is what I do for general living expenses (Controller) .. LOL...
Market seems to like today Pag. We shall see. Opened some calls today
For tax purposes, CAPEX is a cost which cannot be deducted in the year in which it is paid or incurred and must be capitalized. The general rule is that if the acquired property's useful life is longer than the taxable year, then the cost must be capitalized. The capital expenditure costs are then amortized or depreciated over the life of the asset in question. Further to the above, CAPEX creates or adds basis to the asset or property, which once adjusted, will determine tax liability in the event of sale or transfer. In the US, Internal Revenue Code §§263 and 263A deal extensively with capitalization requirements and exceptions.
Included in capital expenditures are amounts spent on:
1.acquiring fixed, and in some cases, intangible assets
2.repairing an existing asset so as to improve its useful life
3.upgrading an existing asset if it results in a superior fixture
4.preparing an asset to be used in business
5.restoring property or adapting it to a new or different use
6.starting or acquiring a new business
An ongoing question for the accounting of any company is whether certain expenses should be capitalized or expensed. Costs which are expensed in a particular month simply appear on the financial statement as a cost incurred that month. Costs that are capitalized, however, are amortized or depreciated over multiple years. Capitalized expenditures show up on the balance sheet. Most ordinary business expenses are clearly either expensable or capitalizable, but some expenses could be treated either way, according to the preference of the company. Capitalized interest if applicable is also spread out over the life of the asset.
Capital expenditure should not be confused with revenue expenditure or operating expenses (OPEX). Revenue expenses are shorter-term expenses required to meet the ongoing operational costs of running a business, and therefore they are essentially identical to operating expenses. Unlike capital expenditures, revenue expenses can be