This board looks like pumping money out of retail investors, looks like some very crazy paid pumpers are hear. I actually own some position in X, but reading this board makes me think I need to sell
When NHTSA will reveal results about investigation ? Does anybody know some time frame?
company is basically bankrupt, they have no money to mine and construct separation plant. LCM will be spun off and GWMG share holders will be left empty handed. This have been just investors milking machine for LCM owners, Chinese type scam
Bystronic one of the biggest IPG customer reported sales at the same level of fiber laser machines, but also stated that strong competition from turkish producers, but these turkish producers use also IPG lasers, so earnings will be pretty good pretty good
Some more thoughts on JDSU and Amada. I now remember in the past Amada switched from Fanuc laser to Mitsubishi, made one or two models of machines, but they cut their finger as Mitsubishi laser was not what their claimed it will be, so Amada switched back to Fanuc. So JDSU tells now that they will bring best processing speeds fiber laser for cheaper price. Actually it is physics fiber laser is fiber laser you can't do much regarding cutting speeds, only thing you can do is cutting head modifications and gas flow changes through nozzle to the cutting area. So JDSU will show their new resonator to AMADA, but I very much doubt it will outperform IPG. And not to cut finger again AMADA will choose already proven technology of IPG. So I am changing my mind again.
Last two month has been very good for overall laser industry. Some claim that even the best sales. I'm sure they will beat by some good %. I suggest buying before earnings
OK I guess I was wrong JDSU is quite confident:
JDSU has been working with Amada for several years to help develop products based on its multi-kilowatt fiber laser sources, but in a presentation at the Needham 2nd Annual Advanced Industrial Technologies Conference held in New York City on August 13, IPG’s CFO Tim Mammen told analysts:
“There’s a large Japanese [OEM] that’s using a laser supplied by one of our competitors. That laser is not performing well at all, and we believe that within the next twelve months or so, that customer will have to start sourcing from IPG.”
Mammen did not specify the companies involved, but when asked about those comments and JDSU’s relationship with Amada by an equity analyst during the JDSU investor call, Waechter replied:
“I think from the top level in Amada, down to the engineering level, we have very good relationships. It's a partnership that's been going for more than four years now.”
Alan Lowe, the president of JDSU’s communications and commercial optical products division, added:
“As we progress with our roadmap on fiber lasers, the focus is really to drive beam quality, laser diode cost and overall system cost, and we think that we've addressed each of those variables with our next-generation laser that is under development and being tested.”
“We're pretty excited about that, and so is Amada. So we're going to continue to support them and they're supporting us. The partnership is very unique and special, and very key to JDSU and Amada.”
CIEN and IPGP is different. IPG is focused more on material processing, CIEN on telecom. IPG seems to be undervalued, but it also faces tough competition next years.