Smooth out last's year's 50 YOY growth and we are still growing. It's a blip!
The question is will the growth return? If it does, we will be back at $50 by Q1 2015
guess the bottom may be forming...
I listened to the call 2 times last night and I believe I understand what happened. SILC knew it misses the refresh with INTEL in early 2014. I would have expected this to be announced in the 1st q CC call, but after listening closely, it was not because SILC believed a new INTEL release in 2014 would more than replace the lost revenue. Shaike mentioned several times that this new INTEL product release ended up being delayed to 2015 which is the direct cause for the lighter 3rd & 4th qrts. It's a timing glitch and nothing more. Based on SILC's headcount of 155 employees at the time of the CC (higher than 143 headcount on Fed 23, 2014) clearly leads me to believe that business is growing as planned.
I built a new base over the past few days around $27 and will wait this out as SILC's revenues return to the $100 million level in 2015 & 2016. As of today, we are trading at a current year PE of 9 (ex cash), and a 2015 estimated PE of 7 (ex cash). I'm pretty comfortable with this entry point... especially with today's design win which indeed shows that SILC is still alive...
Who could these these negative posters work for that is looking to buy shares of CLVLY on the cheap? Who could it be?
mngt didn't know about this refresh they were being passed on during the last qrt cc? if you do I would like to sell you some gold coins off a fox news commercial. The spike in Q4 was most likely do to early shipments because of the early 2014 move and then the ramp down of this intel product. Everything to do with this company - press releases, cc calls, analyst coverage, act, is as shady as it comes. The new normal? Needham's upgrade at $60? Seeking Alpha"s puff pieces? Everyone in the know knew what was coming, and then sold the thing down for the past 2 months. The rest of us, well the rest of us are simple bag holders. I truly hope the next missile to hit Israel hits SILC's headquarters and simply ends this disaster of a BS company. That is all folks… Larry out!
Sentiment: Strong Sell
and his answer every time was no and that he remained as optimistic as ever. POS!
I will confess that I dumped 70% of my position at $40. I believe in the company but what management group leaves their beloved shareholders hanging out to dry like this? You do have to wonder if they lost INTEL as a customer. There are no buyers over the past 2 months. Shady upgrades days before this hige sell-off? The market is fixed and those who know are moving this stock.
Having said all of the above, I will buy some more on money and place my bets...
I bow to the snosufer... even if the guy is a douche bag.
Something is up with this company, and it certainly is not the stock price. It's all cute staying quiet for the past 3 months, but they are a public company. If you they want to keep quiet and not say a word... take the dam company private.
Good luck to you. Long and excited!
Questions for you Smitty - Why would mngt announce a $1 dividend, which was more than anyone anticipated, if business was going to slow by 50% yoy as you predicted in a previous post. Also, why do you think mngt would move to a larger facility if business was slowing? Mngt has always made good decisions. Do you really think they faltered on both of these items? Curious as to see your view
Sentiment: Strong Buy
Smitty, if you had any real knowledge of how the q went, you certainly would not be advertising it on a yahoo message board. Take a look at the 3 stocks in the motley fool article. All 3 are basically identical which would indicate a simple money flow reversal from small cap stocks. The company is doing fine and the money flow will return as soon as earnings are announced.
I'm really long now!
Sentiment: Strong Buy