NVTL EXPECTS PROFITABILITY BY END OF FISCAL 2014 ....WILL BE $5 - $10 WHEN THAT HAPPENS
NEW ANALYST ARTICLE:
Something is about to happen....:)
This is my take
This trend only started 3 to 6 months ago. take a look at CKSW and VRYAF revenue, net income and pps trends.
This is different than other sectors where there are limited numbers of companies going from on-premise to cloud. There the revenue growth is slower....check NTWK)
CKSW is already to expensive with a market cap of almost $400M.
Boom in sector is aleready noted by ORCL and others getting beat by tiny ATEA and VRYAF because they have better products which are more adaptable to boom generators (Small and Medium enterprises - SMEs)
New Seekingalpha article just out.
Easy 3-bagger with new CEO from larger competitor SANM.
Profitable quarter ahead and trading at 0.1 times sales.
PROFITABLE LOW FLOATER WILL EXPLODE
Excerpts from SeekingAlpha article on GIGM today
GIGM is grossly undervalued...... even with today's gain, GIGM is valued 30% below below cash value of $1.47/share and 200% below book value of $2.27.
FYI....GIGM's CEO Collin Hwang has put his money where his mouth is by buying almost a million shares in the open market!
Going forward, the company focus is on growth markets: mobile and social casino games, and cloud computing services.
• Games business expects growth: New mobile games launches expected in the first half of 2014, followed by new social casino games.
• Cloud business forecasts growth: New cloud services expected to make initial revenue contributions in Q4 2013; multiple new services to be launched in 2014 expanding target market to larger enterprises.
Online games business
GigaMedia is investing in and repositioning its online games business to align itself with strong growth in browser/mobile games in the social casino sector. Management targets a comprehensive, multi-platform offering of self-developed browser, mobile and PC-based games by early 2014, delivering improved financial performance and lower business risk.
Cloud services business
Developed by GigaMedia as an integrated platform of critical services and tools for small-to-medium enterprises (SMEs), GigaCloud provides cloud-based Software as a Service (SaaS) offerings. GigaCloud's hosted services enable SMEs to outsource key IT needs and increase flexibility, efficiency and competitiveness. Expansion of GigaCloud in 2014 will begin with both new hosted and new private SaaS applications and services refocused on larger SMEs; new consulting services are also planned.
will buy more DSS today
SMTX has a new CEO and has delivered a strong 3Q and is expected to deliver a better 4Q in a few weeks. SMTX is super undervalued trading at 30% of sector average and a 0.15 times sales valuation. New CEO is highly respected in sector and helped SANM go from $2 to almost $20/share.
Below is a summary of the various improvements achieved in 3Q 2013 over the prior quarter(s) results:
Revenues of $72.9 million up by 12.3% from the prior quarter.
Achieved positive adjusted EBITDA of $2.1 million versus $(1.3) million in the prior quarter.
Net income was $0.6 million (4c/share) and was negatively affected by two non-recurring legacy items totaling $0.51 million. This compares favorably to losses in the two prior quarters
Interim President and Chief Executive Officer Larry Silber commented: "We are pleased with the improvement in revenue over the prior quarter and our order book remains strong. Significant gains have been made across our business resulting in improved customer satisfaction. "
Mr. Silber continued, "Our short-term goals includes, successfully completing the CEO search and implementing a smooth transition plan, substantially reducing inventories, improving the efficiency and profitability of our sites, continuing to expand our business with existing customers and the pipeline for new customers, and continue with executing our strong order book."
On December 23, 2013 SMTX announced the appointment of Sushil Dhiman, a Senior VP with competitor Sanmina-SCI (SANM) as its President and Chief Executive Officer effective January 6, 2014.
Commenting on Mr. Dhiman's appointment, Executive Chairman Clarke Bailey stated: "we are pleased that our search resulted in Sushil joining SMTC as President and CEO. He brings a wealth of experience in operations, customer service and business development. I believe he is a great fit for our company and expect him to have a significant impact on the success of SMTC."