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.
If they fail to execute or luck out in the coming 2 quarters, the growth will stagnate, then look out below with its current market cap, it should not be trading like an ultra growth stock, and could even be knocked down to about $10 value.
However if they execute, but the numbers are always soft, then twitter may need much more time, something in the order of 2-4 years, similar to Facebook, which took nearly 10 years to reach large numbers.
If you think about it, ad revenue is stupid, these companies can sell only so many ads and generate money from businesses, many new AI applications will bring information to consumers in the coming years with new technology, including competing technologies on the horizon in other countries too, thus there is a real danger of falling behind quickly.
Thus its a risky play, and typically wall street are idiots and will talk and confuse the public, and moods in the marketplace can quickly change.
Usually you have 1-2 months for a bottom after earning on TWTR, thus i wouldn't but it here, most likely it may drop to the $30's after 2 weeks.
They may even have a terrible quarter next quarter, would could destroy the share price with a fall below $30.
It should re-test the lows of last quarter.
If next quarter is worse, look out below, it will hit even lower prices.
These new companies may be the canaries in the coal mine, slowly shrinking, like in Japan in the 1990's. I would wait until end of May or mid June to buy back in.
Its about time governments recognize that the Chinese are cheating the Global economy with their subsidy, and one-way economy. Until China gets off the merchantalist economy and stops pegging their currency, and stops subsiding land, energy, and labour in their economy for the purposes of importing money via only "price", the sooner the global economy will get to equilibrium, and stabilize.
Reliant steel profits were up, and so was the steel and iron numbers, they beat expectations and continued to indicate growth in all markets, and a slight slowdown in energy.
Steel stocks are up this morning.
X is better positioned to take advantage of this, and in a better position to guide next quarter.
The share price should increase.
Please provide the reference asap! so we can all confirm this news. I don't doubt it, but get in the practice of providing evidence to your comments, it will help.
Total US power house with long term growth - decades and essential to North American, and worldwide growth. Expect new developments in other iron, steel works and technological innovation in the coming year, similar to how Alcoa remodeled last year and is now a leader.
People are too focused on this quarter, and not looking at the changes in the consumer, jobs, and high tech in USA, and the adaptation of the US economy in the past 7 years.
People will be spending more, and buying new items, including commercial space, which increases signifantly in the past quarter.
This past quarter was the bottom in my opinion.
GE leading indicator, energy prices stabilized and up 20% from last month
Sentiment improved to 7 year high.
Purchasing Index Improved
Earnings mostly beat
Home Sales and Prices improved and stable, regardless of 1 week dips
Inflation low but not down
Consumers Stronger and Confident
US steel restructured
Possible tariffs on Steel to be imposed
Imports into USA down from Chinese/Korean
US steel stock 50 price bottomed last month and showing signs of strength in past 2 weeks
Market re-adjustment and down huge today, yet X is not collapsing, doing better than SPY and S&P today.
Time to pick up dirt cheap shares, in the coming quarter it will be cheap.
Stock markets stayed in check since December/January, barely moved, thus a very slow market correction has occurred in some ways.
Samsung, Texas Instruments, Taiwan Semiconductor, or even Apple for goodness sake.
I am sure the CEO is a good person.
The best thing she and management can do is replace half the board, and find a new CEO, and/or merge with another company, and raise additional capital for aquisitions in Europe.
1. Build Great Products; no really Sherlock? who wouldn't build great products, but maybe if i state the obvious i will look smart, the fact that they state this is a facade for the truth, they are lost, totally in the dark. How about building a great company, products are only a small portion of the company and a subset. Companies purchase and invest in technological break through and not a "product", this is not a Starbucks Late. I can go on and on, management has no talent, they are just administrators on auto pilot in a never forgiving hyper competitive world. Doomed, and dependent on 10% GDP to grow. LOL
2. Drive Deeper Customer Relationships: who would want to be married to a sinking ship, what is this supposed to mean, its a 2 way process, you can't just state you will drive deeper, that is so old school passe MBA again, from the 1980's. Hello, hello, did I wake you guys and gals at AMD, knock knock, welcome to the 1980's. Imagine Apple, FB, or Intel for that matter said drive deeper customer relationships, what are they doing? trying to sell wedding services, or kleenex boxes, or party services? OMG someone please help AMD, OMG... i can't take it anymore.
3. Simplify, the business; what is this grade school KISS method from the 1990's mid level management dogma, please, simplicity comes from innovation, leadership, clarity. Telling us that your company is confused and attempting to create marketing literature telling investors that you have to focus is pointless, it is an ongoing process that never ends, in iterations, and does not serve the process of somehow building confidence, integrity, and excellent. Its just a word, and the fact that is is a stated focus on the literature says a lot that there is so much work to be done, when we all know that.
Your team is showing up at work... using their textbook smarts, talking great, but not talented enough to grow this company.
Please do yourself and investors a favor, and hot leaders or SELL.