I agree. Sales and profit growth is limited the next decade in these sectors, and they need more efficiencies, and in an era where things are relatively cheap in terms of some equity prices, this would make sense to a Cisco, IBM, or similar. I think a buy out target of $25 is about right this quarter, it could get a lot more expensive in 6 months. i wonder if management has any information on these ideas.
I think management needs to come out and say what may be happening with respect to possible mergers. This is certainly the best quarter for a merger or buy out before the asset prices appreciate when the recession is over next winter.
I personally value BRCD at approximately $25 a share, however an inexpensive merger would be closer to $21 in share price.
Like all the other companies before the buyout speculation begins the share prices are usually dull for weeks as things are kept quite.
Even without a buy out, the valuations are cheap here, that is why the share price is up during a bad down day usually. That is what happened in the past couple of weeks to BRCM
Blackberry phones and operating systems are terrible, slow, and unreliable. BBRY will maybe end up keeping a few phone for the 3rd world, and some customers, but will become a software company and sell services. Expect the stock to consolidate, and shares to be approximately $2 by next year.
You got to be kidding? Alibaba is a bank, with an internet business based on the free web, which means it doesn't own or create content, think again. Easily bypassed by specialized sites. They are rushing ASAP to divest before the numbers come crashing down in 2 years! I say this year and next may be the last, unless in 3 years it will be a totally different company, maybe a real estate company, or soap supplier, and education service, and engine manufacturer... get it? Once they lose their focus they are nothing more than a bank or investment house, the market will punish them, and shares will be $30 by 2016
#$%$! He's an opportunist that came to California to copy, and was shielded by the communist Chinese merchantalist economy, dont you think? A joke, and now he's spending like no tomorrow recklessly hoping to make a buck somewhere, such a waste of resources and capital.
When there is a lock up expiry you should see everyone dumping, but well in advance the management will scheme and spew their garbage on retail investors to prop up shares, like they have last week.
Does anyone even use Alibaba lately? it functions like an internet pest, and is a mess.
This is a runaway train, with multiple spokes, with divestments in multiple fronts, and many businesses from toilet paper, real estate, banking, ecommerce to products, its just a huge seth pool of bankers with too much money and too many stupid ideas in order to try and forge some impressive returns.
This company is a scam and useless.
There are a lot of dividends arriving, however, note, that the company has well over $1 Billion US dollars in reserves and no doubt more capital after a great quarter that ended.
There are strategic purchases including titanium which will be used by military, space and aerospace, not to mention other innovative structural uses.
People are impatient, they expect that water will come out of a stone running like a stream, well look out there, do you see any international company that has this much innovation, capital, and is set for growth and sustainable. In this sector no doubt, Alcoa is a hold, even in a recession.
People can day trade garbage equities, including other organizations that simply are not a cornerstone in infrastructure, or poised to take advantage of a slow economy or fast growing one.
The price of these shares deserve major multiple expansion, and that will show in time.
The company will be upgraded after this monthly mess.
I expect the $20 by the summer.