Hello Ibexx. Hope..you are well? Sincerely. Check out the 3rd comment on the S/A article apparently someone sold. Who good that be? LOL
Not too shappy I must say. $15.60 to $17.92 in 11 days. That is a 14.7% in 11 days!!!!!
Good Luck with your options!!! LOL
You will always crack me up. Your are an option player which is so obvious. I'm not. I simply buy and sell stock. But alas I will let you in on a little secret, I'm a trader. I really do treat you and XC as the lower and upper Bollinger bands.
Read this article from S/A. It is a fair and balanced article prior to earnings. Check out the 2nd comment. The author bought at $15.60. Who could that be? XC was bashin then. Now your pumping. I want XC back. LOL
Making a very nice profit swing trading Nvidia and a few others. They say you can't time the market and buy and hold is the only way to go. But it's what I am comfortable in doing and has worked for me in the past. Especially on Nvidia these last 4 years.
Actually think Nvidia will keep rising over the next week or two and does look like it has finally made it to the investable category of stocks now. But I hope to get out before the WS Bozo's crash the market at the end of this month or early March. Will see how it goes. The ASR will help Nvidia's stock price to hold up better than most.
P.S. - There are two tell's on the the Nvidia Message Board that I follow. One is XC - when he is posting insatiably I get ready to buy. When you are posting insatiably I get ready to sell.
Just thought I would let you know. Good luck to you!
Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
On February 14, 2014, NVIDIA Corporation ("NVIDIA") entered into an accelerated share repurchase agreement (the "ASR Agreement") with Goldman, Sachs & Co. ("Goldman"). NVIDIA will acquire the shares under the ASR Agreement as part of its previously announced intention to return $1 billion to shareholders in the current fiscal year.
Pursuant to the terms of the ASR Agreement, on February 20, 2014, NVIDIA will make an upfront payment of $500 million to Goldman and will receive an initial delivery of 20,583,226 shares of NVIDIA common stock from Goldman. At settlement, Goldman may be required to deliver additional shares of common stock to NVIDIA, or, under certain circumstances, NVIDIA may be required to deliver shares of its common stock or may elect to make a cash payment to Goldman, based generally on the average of the daily volume-weighted average prices of NVIDIA common stock during the term of the ASR Agreement. The ASR Agreement contains provisions customary for agreements of this type, including provisions for adjustments to the transaction terms, the circumstances generally under which the ASR Agreement may be accelerated, extended or terminated early by Goldman and various acknowledgements, representations and warranties made by the parties to one another. Final settlement of the ASR Agreement is expected to be completed by the end of July 2014, although the settlement may be accelerated at Goldman's option.
What's next ---Oh I suppose a healthy dividend increase in September. Current dividend payout ratio is
is less than 30% .085/.32 - Non Gaap earnings for last quarter is used.
Yes, It's a hard thing to fathom..Nvidia is no longer a small (less than 500M in annual revenue startup).
A flat OpEx Guide.........and I forget the CFO's words but I paraphrase...."We recognize the need to get more out of our current employees as we scale back new hiring" is vital for shareholders.
$820M in share buybacks is important too.
Perhaps just perhaps Nvidia has become a long term buy and hold.
We will see over the next quarter or two.
First time for Nvidia in my memory!
Great Big New Campus put on Hold. Fantastic.....nothing is a distraction in a Semiconductor Co. as the fight over the office locations as a new campus. One analyst even commented on it and said nothing calls a top in a Tech Company as a building huge new campus. So it looks like Nvidia PPS is NOT topped out!
I think our New CFO is making a huge difference!
Like the promotion of Chris Evenden to Head of Investor Relations. This guy is good. Listen to his phrasing in his answers to the questions posed at the Goldman Technology conference.
I loved his comment on the Tech Press..............
NVIDIA Reports Financial Results for Fourth Quarter and Fiscal 2014GPU Business Delivers Across Gaming, Workstation, High-Performance Computing
MARKET WIRE 3:20 PM ET 2/12/2014
Symbol Last Price Change
NVDA 16.83 +0.58 (+3.57%)
QUOTES AS OF 04:00:00 PM ET 02/12/2014
SANTA CLARA, CA -- (Marketwired) -- 02/12/14 -- NVIDIA(NVDA)
Fiscal fourth quarter revenue of $1.14 billion.
Quarterly GAAP diluted EPS of $0.25, up from $0.20 in Q3; non-GAAP diluted EPS of $0.32, up from $0.26 in Q3.
Quarterly GAAP gross margin of 54.1 percent; non-GAAP gross margin of 53.8 percent.
NVIDIA (NVDA) today reported revenue for the fourth quarter of fiscal 2014, ended Jan. 26, 2014, of $1.14 billion, up 8.6 percent from $1.05 billion in the previous quarter.
GAAP earnings per diluted share for the quarter were $0.25, up 25 percent from $0.20 in the previous quarter. Non-GAAP earnings per diluted share for the quarter were $0.32, up 23 percent from $0.26 in the previous quarter.
"Quarterly revenue came in well above our outlook, driven by PC gaming, capping an outstanding year for our GPU business," said Jen-Hsun Huang, president and chief executive officer of NVIDIA(NVDA). "Tesla and Quadro both achieved record annual revenue. GRID cloud technology is being evaluated at hundreds of large enterprises worldwide. And Tegra K1 is disrupting the auto industry, paving the way to self-piloted cars. The groundbreaking work we are doing in visual computing is expanding the opportunities for our GPUs."
During the quarter, NVIDIA(NVDA) repurchased $37 million of stock and paid a dividend of $0.085 per share, equivalent to $48 million. During the year, NVIDIA(NVDA) returned $1.07 billion to shareholders -- $887 million towards the repurchase of 62 million shares and dividend payments totaling $181 million. NVIDIA(NVDA) will pay its next quarterly cash dividend of $0.085 per share on Mar. 20, 2014, to all shareholders of record on Feb. 27, 2014.
Revenue for the full year was $4.13 billion. GAAP earnings per diluted share for the year were $0.74 and non-GAAP earnings per diluted share for the year were $0.99.
Stock manipulation, speculation, or something very major.... ASR buyback released, graphics licensing? Can't be just a meet or slight beat on earnings.
Have no idea what, certainly not expectations of stellar earnings.
What's remarkable is the Tech Press is totally silent. They are clueless as everyone is. No leaks.
Can't tell anything anymore since Nvidia IR adopted "Radio Silence" since the new CFO came on board.
There is not a lot of hype as well as gloom doom stuff on the internet or from WS for that matter. I suppose the financial engineering put in place with the convertible bond issue is doing what it was intended to do.
Nvidia may just be a good long term hold now.
The Nasdaq futures are are up .4%. Are you guys worried yet?
Don't leave without saying goodbye....You bunch of Dild___.
PS. On 2nd thought XC please stay....the stock always go up when you come around . You are an incredible tell!
XC You are real ding a ling for sure. 3 modules times $75 each is $225 per car. Go to Audi, BMW, or VW dealership and take a test drive. If those cars are not your cup of tea then wait 6 months and go to a Honda Hyundia or Kia dealership and feel the experience.
It's the 21st century, it's freaky but a console under the TV is so last century.
Silly Boy XC;
Let's do the math OK. Each module includes a Tegra processor, memory, capacitors, and power management chips. Like i said before a big WS analyst figured the ASP at $50 to $100 each.
2) Visual readouts
3) Driver assist
XC - It's the 21st century - It's not all about a consol sitting underneath the TV.......Wake up silly boy!
XC you are a complete treasure......I know t\Nvidia stock is going up when you post. Please stay around and I will be more wealthy than I am.....LOL
Let's examine your post:
"And how many Tegra parts will Nvidia need to place in each car in order to rake in " $200 to $300 revenue per car" ? "
First I must ask if you have taken a ride in one of these ultramodern High End cars? Audi, BMW, Aston Martin VW in select models etc. With the Google alliance Honda, Kia, GM, Hyundi, and Kia will be in the mix soon. Have you? I have. They have 3 different systems that Nvidia is selling into:
First - The Infotainment module. Back seat entertainment too. You know Google map navigation , internet and radio, and games for the kids.
Second - Digital speedometer and tach. Engine specs etc.
Third - This is the big one - Driver assist , lane awareness, pedestrian avoidance, back up monitor, parking assist, Crash avoidance. Even alert you when you might be falling asleep. This is where Tegra KI with Cuda excels.
Wake up silly boy.....the future is a lot more than smartphones or consoles stuck under the TV.
No Grid is there too and love it. If you ever worked in an office in the last 15 years you would agree. It's all about the visuals, not the speeds and feeds. Just happen to see real value of electronics in cars based on my own personal experience.They are very sweet deals. Last an average of 7 years too. Helped design and build the first fab built to provide 8K PROMS to General Motors for the emissions controller Blackbox in the late 70's. The money made by the company I worked for was way over the top.
History does repeat.
Would you be convinced if I published an article on S/A or Motley Fool? LOL
Just remember Goldman Sacks trading desk has $820M from Nvidia's convertible note issue in November, and I suspect they are firing off 100,000 share buys already. Saw 3 today!
Smartphones are passe - $200 to $300 revenue per car with long and steady hugely profitable contracts are the next big thing for Nvidia. You really have to reinvent yourself every now and then.
Good luck with your short!
First I must say, that once upon a time it was very easy to forecast Nvidia's revenue and earnings. All you had to do was read Jon Peddie's discrete GPU market share report and judge the shipments of Tegra from the Tech press news.
That is no longer the case in both. In GPU Nvidia has moved so far up the price curve in Gamer GPUs that units shipped are meaningless. OEM gpu revenue may still be $150M a quarter, but profit margins are slim. I bet they make more profit off one GTX780Ti than they do on 20 OEM discrete GPUs. Nothing really on the horizon from AMD in the Pro graphic markets that Nvidia should be worried about due to their ecosystem and software support. Tesla for Big data supported by IBM and Nvidia Grid for desktop VDI supported by every server and virtualization company in the world is taking off. Trouble is how do you put a number on this when Nvidia doesn't provide any revenue by segment. I guess you just have to look at the concept and go from their. Obviously no professional stock analyst will venture a guess ahead of it's time unless they have some really good inside information. Hence all of them are hedging their bets.
Once upon a time all you had to do was count the major design wins in tablets and phones and voila you had a reasonable estimate for the Tegra processor. Now Nvidia is pushing very hard into tegra automotive and is gunning for up to 3 application processors in each car served. Note: I suspect the Tegra K1 is really targeted at the auto mfgs. need first. Note: margins are higher their than in phones. I did see one analyst had estimated the ASP's for these modules at $50 to $100 a piece. Plus you have all those monitors with G-Sync coming out along with portable gaming in Shield along other microconsoles and gaming devices. Even monitors that double as an Android touch tablet with a Tegra processor in them.
Too hard to really nail down, but I am holding 3000 shares into earnings. the $820M share buyback may also have begun.
Just curious.Nothing more. Enlightening us.
Not a joke to the executives at all...your talking serious leverage here: 3 pts of margin rise in 2014 and they have to make do with 25% of their stock awards; +6 pts. of margin and they get their RSUs at 100%. But get this; if they somehow get the margins to +11 pts then they get 300% of their stock awards.
And this stock awards method goes all the way down to lowest exempt. I don't know about you but I would be laser focused on profitability if I worked at Atmel today rather quite a long time ago. Wouldn't you!
P.S. the touch controller guys and gals have an additional modifier based on market share, and the XSense guys and gals have total revenue as their main avenue to those enriching RSUs.
As someone pointed out prior It was Bruce Hornsby that wrote the song, "That's Just The Way It Is", not Jackson Browne. But gosh...Neat way to align management compensation to shareholder return. But of course senior management knows it is in the bag for sure!