mcd's never owned bobs, nor were the two ever connected in any way shape or form whatsoever
if i'm not mistaken, a significant portion of Tiger's AUM is comprised of Robertson's personal wealth... big bet on his part
Sentiment: Strong Buy
stock is at ridiculously high p/e multiple relative to the entire industry (when only accounting for core chip business) and Chardan would not have a price target of $14 if not assigning significant value to HIMX's non-driver segment mainly LCOS.
revenue, margins, and earnings heading higher in 2014
looks like himx is tiger's largest position on accumulation of 2m shares in the quarter at $13.70 average price
everyone sit back relax and enjoy a solid 2014
and look to buy on weakness
who cares about 2 quarters? mgmt and the board is obviously grooming STS to be sold - look at the internal improvements including manufacturing/utilization improvements to increase margins, as well as the sale of the horrific bus division which lost over $4m this year (a lot of money against a sub $100m market cap). the principals of Supreme are over 70 years old and own a ton of stock, with previous background as investment bankers/fund managers... normalized earnings were almost $0.70 per share pricing the stock at under 10x earnings, and you have several catalysts to drive revenues higher over the next few quarters including (1) pent up demand from chassis backlog, (2) double digit increases in truck orders... look at january/february truck orders for both light/medium duty trucks.. things are obviously heading in the right direction yet the stock has sold off hard after the last 2 quarterly releases. backlog this quarter was great - up 5% before even including the bus division backlog.
intel capital is already an investor in HIMX Display
you're an idiot if you still own this stock, i'm sorry but you deserve to lose every penny