"in the second half of the year" ? what about the first half ? would prepare for cautious guidance on the call which would imply that the revenue outperformance was simply due to orders being fulled forward
the company has promised this deal several times already in recent weeks and moreover it is included in the FY14 guidance so I wonder why the stock is up at all
no comment about the backlog reduction ? You are missing out on the most important metric going into 2015. Converting backlog into revenues is a good thing but it is even more essential to replace the pipeline which the company obviously didn't. Coupled with the general slowdown in the housing market amidst rising interest rates 2015 actually doesn't look that promising at this point.
the company actually RAISED their guidance in May and came in even below the original guidance - even more troublesome then the revenue muss is the disappointing backlog going into 2014 - as said before I would short the shares into any strength today. There's just nothing good on these numbers.
while revenue recognition in Q4 was outstanding at above $20 mln the company wasn't able to fill up the backlog. In fact backlog is the lowest for a couple of quarters. Would short the shares into any strength.
the point is they are buying the company from their CEO for quite a huge price tag for a company that generates zero revenues.
the company will try to raise that $200 million fom the shelf quite soon so just short the stock and buy it back on the cheap after that 66% dilution is done
and Catlin by the way is an insurance company which decided to diversify a some minor investment dollars into solar because of the nice ROE Altus promises. This is of course a pure financial investment and no strategic decision. A real joke.
you might want to check out their current "investment portfolio" which is BELOW 7 MW ALTOGETHER which simply is a joke - just like RSOL is a joke compared to SCTY
you must be joking - Altus is a minor player and much of the money for the JV will have to be raised be RGSE - just look at the recent shelf
would short into any strength on this initiation - Cowen was the underwriter of the recent offering so they are just fulfilling their part of the deal
this would essentially be a takeunder as Ballard has plenty of cash and the fully diluted share count is much higher than Yahoo Finance uses for the market cap calculation.
Given the current fuel cell craze the company would likely sell for double that amount
that said it does not make sense at all for PLUG to buy its fuel cell stack provider just like Apple does not buy its suppliers.
given what peer Facebook delivered the quarterly performance of the company is looking abysmal despite beating guidance by a sizeable amount. Longer term the company has no right to exist as it will get annihilated by the big players. The company is no acquisition target either as it has neither the reach nor the technology to appeal to larger competitors.
after initially trading up 5% the stock has now given back those early gains and currently sits at day lows - would fully expect the shares to move into the red based on disappointing operating margin guidance
so more of the same at QTM now that the conference call has taken place - revenues are going to decline another 14% for Q1 while gross margins will hold up from Q4. Given that revenues do not show any signs of stabilizing I wouldn't commit new money at this point - shares look cheap but actually they are cheap for a pretty good reason.
some analysts seem outright puzzled on the call about the disappointing operating margin guidance (just 12% in Q1 and just 17% for the full FY). Revenue target at "twice the market growth rate" seems also to fall short on at least some more optimistic estimates. So eps estimates for the year clearly will have to come down which is disappointing to say the very least.
Not giving guidance for the full year doesn't help things either and the very muted new CFO performance on the call makes on wonder when the next guy for this job might arrive.
Great Q4 but obviously more of a budget flush and a generally improving market then a function of the company's own outperformance - otherwise they wouldn't have to invest that heavily to make good for former "underinvestment into growth". All in all a very disappointing outlook given that the company has been talked up as "the next big thing". Would short the shares as the stock is still up 4% in after hours. Would expect very cautious analyst commentary (at least from the Robert W. Baird guy) and perhaps some downgrades.