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KEMET Corp. Message Board

joshua1779 11 posts  |  Last Activity: Jun 15, 2015 4:07 PM Member since: Mar 19, 2009
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  • Reply to

    $4 to $3 - Here is why

    by jdberwanger Jun 12, 2015 8:30 AM
    joshua1779 joshua1779 Jun 15, 2015 4:07 PM Flag

    They have been promising to restructure F & E business for about 10 years. They are unable to do this and keep on giving empty promises. The problem is not with the traders, short positions or institutional investors. Problem is with Kemet itself. They are long on promises and short on delivering results. They are also up to eyeballs in debt. Very large debt. This is why the survival of the company is in doubt.

  • KEM is drowning in debt. Very few companies are as highly leveraged. They also pay very high interest on their bond. Over 10%. They tried to refinance a few months ago but nobody wanted to touch them. If the market is very bullish for capacitiors then they might survive. If the market is average, or God forbid - bad, then bankruptcy is in the cards. This is the reason this stock is so low. Smart money stays away from this risky situation. The management keeps no missing their sales projections. They are stuck around $200M per quarter for several years now. AT this sales level they don't make enough profit to pay the huge interest on their debt. This is why every quarter they get deeper into trouble. Just check their Balance Sheet before investing a penny.

  • Reply to

    Most undervalued stock on NYSE

    by jdberwanger Mar 16, 2015 9:41 PM
    joshua1779 joshua1779 Jun 1, 2015 6:10 PM Flag

    KEM is drowning in debt. Very few companies are as highly leveraged. They also pay very high interest on their bond. Over 10%. They tried to refinance a few months ago but nobody wanted to touch them. If the market is very bullish for capacitiors then they might survive. If the market is average, or God forbid - bad, then bankruptcy is in the cards. This is the reason this stock is so low. Smart money stays away from this risky situation. The management keeps no missing their sales projections. They are stuck around $200M per quarter for several years now. AT this sales level they don't make enough profit to pay the huge interest on their debt. This is why every quarter they get deeper into trouble. Just check their Balance Sheet before investing a penny.

    Sentiment: Sell

  • Reply to

    All time low $3.05, really $1.02

    by jimmyjay696 May 29, 2015 6:07 PM
    joshua1779 joshua1779 May 30, 2015 2:31 AM Flag

    This thing is definitely going under $3 in the next few days. I think under $2 is also in the cards. The company just keeps on losing money every quarter.

    Sentiment: Sell

  • Reply to

    Lower Loss

    by topline1 May 12, 2015 10:42 AM
    joshua1779 joshua1779 May 14, 2015 1:03 PM Flag

    Nobody trusts what these guys are saying. They have an undending string of quarterly losses. Looking forward this must get worse. The only two tablet makers that were using ACTS chips were Ramos and Ainol. Both of them no longer use these chips and moved on to the bigger suppliers. ACTS has zero chance to compete in the SoC business. The longer it takes the management to recognize this fact, the longer the string of quarterly losses will go on.
    They need to close down the money losing operation and rent out the building to get some real income. This would double the stock price immediately.

  • Reply to

    Go Figure

    by lucreton4 Apr 9, 2015 10:45 AM
    joshua1779 joshua1779 May 7, 2015 11:34 AM Flag

    Looks like this stock completely fell apart. Probably will test new lows.

  • Reply to

    acls

    by bot_feeder May 7, 2015 10:24 AM
    joshua1779 joshua1779 May 7, 2015 11:17 AM Flag

    I wish I had bought.

  • joshua1779 joshua1779 May 1, 2015 2:59 PM Flag

    Finally somebody stated to take the reckless management of Actions to task. The current management is totally discredited. They must leave. They own less that 1% of stock and engage in some shady deals to enrich themselves at the expense of the shareholders.
    We must all support the legal action by Accretive Capital Management to rescue the company.

  • joshua1779 by joshua1779 Apr 30, 2015 1:24 AM Flag

    Why the stock got a pop? Amazing. Production dropped, cost is up, company lost money and someone got excited and started buying stock.

  • Reply to

    worth more dead than alive

    by topline1 Apr 7, 2015 1:42 PM
    joshua1779 joshua1779 Apr 29, 2015 1:18 PM Flag

    The management has zero chance to be successful in SOC market which is dominated by the big boys. No tablet or phone makers will ever use chips from this little company. I wonder if there is a legal way to force these losers to shut this circus down and save everybody's investment?

  • Reply to

    worth more dead than alive

    by topline1 Apr 7, 2015 1:42 PM
    joshua1779 joshua1779 Apr 13, 2015 3:54 PM Flag

    Totally agree. When the management finally throws in the towel, the stock will double. The only questions are when will they do this and how much money will be wasted before they throw in the towel.

KEM
2.92-0.06(-2.01%)Jun 29 4:02 PMEDT