There is no need for "longs" to worry that SWIR has slumped temporarily for these reason:
- Revenue/earnings declines bottomed and it is on the cusp of earnings and growth.
_commands 34% of IOT expansion which is to hit 7.1 trillion by the year 2020.
-Car companies such as Ford, Toyota, BMW, Peugeot, Tesla, Mercedes, and others.
use SWIR's technology to connect the cars to the networks.
-SWIR is leading the M2M innovations.
-Added numerous design wins recently.
- has numerous partners and clients.
-Connects a large variety of products.
-Is recognized for its reliable products.
Sorry , I did not include the details, As always, please do your own DD.
SWIR has dropped by 7% passed the point of 24.94 a cup formation which represents a double bottom and a 36% correction. Fundamentals have not changed and are indicating a projected growth of 40 cents a share in 2014 and a gain of 110% in 2015. There is no reason for longs to worry!!
The article you mention in your post has no merit whatsoever. It is a useless piece of garbage making negative statements with no evidence for support, There isn't a single positive remark. Every statement is designed to trivialize SWIR's accomplishment and growth potential. I would ignore it in its entirety.
1.End of year 2014.....$0.40
2.End of year 2015.....$0.84
3. End of year 2016......$1.25
SWIR'S growth potential is not a myth but its for real. Neither is it just "hype".
This is a long term projection, so, please do your own DD!
SWIR's partnership with Philips city touch system controlling lightning in cities, benefits could be huge.Also, SWIR's integration with Verizon's network removes the need to be connected to wi-fi in order to do things on
the internet. The ability to collect data remotely, and connect different devices with each other and with companies, has enormous implications for optimizing efficiency in business. As this market grows, more innovative applications for M2M devices and software are turning up, which means more opportunities are being brought to Sierra Wireless.
Sierra Wireless technology is in everything from your Nespresso coffee machine to automated scrolling billboards to the San Jose Police Department. Peugeot Citroën uses Sierra Wireless M2M devices to find out how its cars are running and discover any design flaws that may arise so that those issues can be directly relayed to manufacturers. The Seattle Fire Department uses Sierra Wireless InMotion to keep voice, video, and data communications open on multiple networks, eliminating the old radio system that was used. Now they can upgrade without having to overhaul their whole system, and the communications have been extended to their vehicles.
The bottom line? The uses for this technology are showing up in places you would never expect, and the industry is only gaining momentum. Sierra Wireless investors should see their shares gaining momentum as well
SWIR's future looks bright because the market looks to the future and not backward. Sure, astute investors assess the company's record of performance and SWIR's record of performance is as good as it gets. As for SWIR's future performance to which the market tends to look, SWIR' potential for growth is unquestionably huge. Any sagacious investor knows that the future road in technology of IOT is to connect devices that can be connected and be useful in every human activity will be connected. Promotion and prediction is not "hype" it is reality as sensible investors are fully aware of, and believe that SWIR's potential for future growth in IOT M2M connectivity is "bright",
By Eric Auchard
FRANKFURT, Nov 27 (Reuters) - Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday.
Corporate finance adviser Hampleton Partners' report said that $9.4 billion has been spent in the past three years to acquire so-called "Internet of Things" suppliers, with $5 billion, or more than half of the total, in the first nine months of 2014.
The report, which studied more than 100 transactions in the category, said that early consolidation has been led by Google but also included Cisco Systems, Samsung Electronics, Vodafone and Verizon.
Hampleton predicted that likely new acquirers in the coming year could include Intel, AT&T, Johnson Controls , Texas Instruments and Juniper Networks , which it said are under pressure to compete in the market. Other buyers to watch include Sierra Wireless and Telit Wireless Solutions.
Further fueling investment are venture capitalists that have pumped more than $1 billion into start-ups in the sector over the past year.
While average deal size has remained small at about $112 million, acquirers have paid rich Silicon Valley-level price premiums of 11.2 times revenue for publicly disclosed deals.
In May technology market research firm IDC estimated that 28 billion Internet-connected devices would be online by 2020, resulting in a global market worth more $7.1 trillion, against an estimated $1.9 trillion in 2013.
While technically as old as the Internet itself, the market has heated up in recent years as vendors look beyond computers, phones and other equipment that consumers and business users operate themselves to new types of automated machinery.
Such devices can include everything from hum-drum industrial sensor controls to critical auto safety features and personal heart-rate monitors.
The biggest deals to date were Google's $3.2 billion purchase of smart-thermostat maker Nest Labs in January and its roughly $1 billion 2013 deal to acquire Israeli location-mapping service Waze, topping the $612 million Verizon Communications paid to buy Hughes Telematics in 2012, Hampleton said
Expect to beat consensus.
Analysts at Northland Capital Markets assumed coverage on shares of Sierra Wireless (NASDAQ:SWIR) in a research report issued to clients and investors on Wednesday. The firm set an “outperform” rating and a $30.00 price target on the stock. Northland Capital Markets’ price objective points to a potential upside of 26.53% from the stock’s previous close.
It seems pointless to "rant and rave" about SWIR"S state of operation is progressing in view of the negative comments made by those whose agenda is to trivialize SWIR in order to benefit from the results. SWIR'S fundamentals have not changed. It has 197 million in cash for expansion of its service . The management is honest, is capable, and knows what it is doing. SWIR commands 34% of the M2M market which is slated to produce by year 2020 $14.4 trillion of value that will be up for grabs. SWIR is well positioned to reap its share of this value. So the thing to do for the "long" is to stay "cool and collected" . In the fullness of time they will be well rewarded.
To get a better perspective of SWI's growth potential go to the page "SWIR After Hours Trading" and look at "News for SWIR" . There, you can read Motley Fool's article "SWIR rallied 43%...." . You will see that SWIR's potential for growth is for real. It is not some "pie in the sky" expectation that will not materialize. SWIR is well positioned to take advantage of the growth of IOT expansion. Today's slump in SWIR'S share price is but a "blip" in the process and nothing to worry about. Just remember, that in the fullness of time you will be handsomely rewarded. Nevertheless, please do your own DD!
Sierra Wireless jumped 4% to a new high in heavy volume. It's extended from a 30.65 buy point of a cup base after breaking out last Thursday following a blowout quarterly earnings report.
Don't fall for this article, It is "bogus" It has no documentation To prove what he asserts to be facts in his rambling rambling attempt to discredit the management and the company's proven potential. What about its client, recent design wins ,acquisitions, partnerships, etc. I Take his rambling with a "huge grain of salt".
Tesla's Model S is a perfect example of a connected car, in which Sierra provides the 3G-connection module that allows the car's infotainment system to tap into AT&T's wireless network. Tesla can then access data about the car's systems and make upgrades and adjustments based on feedback from the vehicle. Tesla is clearly a leader in automobile connectivity, but it's not the only company moving in this direction. Other car companies such as Ford, Toyota, BMW, PUGEOT and others use Sierra's technology as well.
Sierra Wireless is simplifying the connected world by delivering intelligent wireless solutions. Over the past 20 years, Sierra Wireless has built a proven track record of developing innovative products and solutions for its customers.We offer the most comprehensive portfolio of wireless machine-to-machine (M2M) devices including 2G, 3G, and 4G embedded modules and gateways that are seamlessly integrated with our secure M2M cloud services. Customers worldwide, including OEMs, enterprises, and mobile network operators, trust our innovative solutions to get their connected products and services to market faster.
SCG is the official distributor of Sierra Wireless in Saudi Arabia, UAE, Oman, Bahrain, Lebanon, Kuwait, Jordan, and Qatar for intelligent gateways and routers. Our M2M solutions enable secure, high-speed communications for remote, mobile and portable equipment.
"Sierra Wireless (NASDAQ: SWIR) (TSX: SW) today announced that the Sierra Wireless AirPrime EM7345 embedded wireless module is now certified to operate on the Verizon Wireless 4G LTE network. This is part of the third generation of 4G LTE modules from Sierra Wireless, which first launched embedded modules on the Verizon Wireless 4G LTE network three years ago. The Verizon Wireless 4G LTE network is the largest in the U.S., available to more than 97 percent of the population.
“With the latest AirPrime embedded module from Sierra Wireless, OEMs have a high-quality, cost-efficient option to choose in integrating connectivity to the Verizon Wireless 4G LTE network,” said John Sullivan, Executive Director of the Connected Solutions group for Verizon Enterprise Solutions. “Sierra Wireless has been working with OEMs to connect devices to the Verizon Wireless 4G LTE network since it was first deployed, and we are pleased to be able to expand the choices available to manufacturers looking to integrate connectivity to the Verizon Wireless network into their products.”
- See more at: http://www.sierrawireless.com/Newsroom/newsreleases/2014/09-08-2014-Third_generation_4G_LTE_module_from_Sierra_Wireless_now_certified_for_Verizon_Wireless_4G_LTE_network.aspx#sthash.VW6XbeTg.dpuf"
Chambers of CISC that IOT will be the biggest technological development in this decade He says that the number of devices connected to IOT will exceed 50 billion devices by the year 2020. However, even if the ITO produces only a fraction of it, it still could lead to huge profits for investors who are betting on making money by investing in the ITO market potential.SWIR) is one of those behind-the-scene companies on the forefront of this development. Its wireless modules and cloud management services allow devices to connect to the Internet and be easily controlled. In plain English, Sierra is building the nervous system of the IoT, creating the infrastructure needed for all of these devices to talk to one another.
The company is in a great position to lead this revolution. Sierra’s technology is already found in thousands of Tesla Motors Inc. infotainment systems. It has also partnered with a number of top automakers including BMW, the Ford Motor Company, and Toyota Motor Corp.And the auto industry isn’t Sierra’s only customer. Its modules are also found in Nespresso coffee machines, wireless payment devices, government energy systems, and much more. Sierra’s reach will only continue to grow as the technology improves. The ITO is for real , it is not a "maybe".