Currently trades at $7.90 with price targets in the double digits - including Mark Gomes who has picked it to go to low $20's between now and early next year (momentum play). Outside of Frozen products (JAKK makes the #1 toy for holiday season) they also make toys for Teenage Mutant Ninja Turtle's, Star Wars, and others. Also make what is projected by some to be the top tween gift this holiday season - the Selfie Booth. There are some videos out there of it - a great techie idea that kids should love. IMO a great momentum play from this week through the holidays. Hopefully this is the last week we are in the single digits and we move on into double digits with a more normal valuation. And with Mattel losing the Frozen license (starting 2016), a way for you all to get back into the Frozen action would be to buy JAKK. There was an offer to buy JAKK at $20 or so in the years past.
Currently around $7.90 with price targets in the double digits - including Mark Gomes who has picked it to go to low $20's between now and early next year (momentum play). Outside of Frozen products (they make the #1 toy for holiday season) they also make toys for Teenage Mutant Ninja Turtle's, Star Wars, and others. Also make what is projected by some to be the top tween gift this holiday season - the Selfie Booth. There are some videos out there of it - a great techy idea that kids should love. IMO a great momentum play from this week through the holidays. Hopefully this is the last week we are in the single digits. And with Mattel losing the Frozen license (starting 2016), a way for them to get back into the Frozen action would be to buy JAKK. There was an offer to buy JAKK at $20 or so in the years past.
With the holidays approaching, word is going to spread that there is a company who makes Frozen toys, makes what some say is the #1 this year (Snow Glo Elsa), and is releasing what may be the #1 teen gift in December (Selfie Booth), and is only trading at cash value. If nothing else, momentum traders will come in between now and January to buy for the holiday run-up from these levels. The analyst who posted his $22 price target last week had many reasons why...I believe many of them were spot on and this will be our last week in single digits.
From article: "Earlier this week I headed to PepCom, a press preview of the latest and greatest in Tech for the holidays. Of course, this being KidzVuz, I went on the lookout for great stuff for teens and tweens. Here are some highlights.
1. My hands down favorite toy I’ve seen this year for this age-group: The Selfie Booth from Jakks Pacific
Does your kid love to take Selfies? That’s a rhetorical question: if you have a tween or teen, they take selfies…a lot of them. And if they’re going to any big parties in this, their 13 year, they’re likely loving photo booths, too. The Selfie booth combines both in an at-home photo booth studio that includes a free downloadable app which allows users to place themselves in front of a variety of background themes using special-effects “green screen” technology. (In this case, technology really means “green fabric in the background” but who cares — it works!) It’s easy…just get in the booth, set up your smart device, choose a theme from the app, stand in front of the green screen, strike a pose and click!
The kit comes with an easy to assemble (and store) booth, a holder for your tablet (it works with most), props, themes, 100+ digital decals…it’s AWESOME for your next slumber party. You can even create 5 second video shorts. Love it!" End article
If the earnings report is even halfway decent I believe the beaten down JAKK will finally get back to double digits. Especially considering all of the new agreements made this year that will produce very soon - Teenage Mutant Ninja Turtles, Frozen (obviously already producing), Star Wars, Dreamworks, etc. Future is set...just a matter of time.
And HPJ's U.S. office is next door to Tesla in Fremont.....
And their batteries are now approved for use in electric vehicles. Let's see whose plant they start working in to help supply batteries for vehicles. Will it be Tesla? Outside of electric vehicles their client list this year has grown to include Sony, Phillips, Acer, Timex, Vtech, Costco and others. Undiscovered gem imo.
And batteries are now approved for use in electric vehicles. Growing very fast with huge client list established this year.
I think they'll do more then 350. I don't think they're going to do 98 cents, they're going to do well over a buck. They're going kill these numbers. And then they're going kill the December numbers too. Because generally speaking, in the December quarter, which we are now in, a lot of product has been shipped into the channel. A lot of returns come back. You see the revenue estimates are actually lower for the December quarter, and that's not an abnormal thing. But the degree is what's important, and what I think we're going to see this quarter is far less returns then you normally see and far more re-orders.
In fact from what I'm hearing, every time JAKKS puts new product into the channel, it sells out in a couple of weeks. So if their refilling the channel with product every couple of weeks, well, you can bet that they're going to have a lot of product selling into the channel in October, all through October, right up through Halloween with those costumes, and right through November, right through Black Friday, after Thanksgiving, and after Black Friday, which I suspect the toy companies out there, the toy vendors, Toys R Us, Target, Walmart, are going to be utilizing this Frozen franchise and specifically the red hot Snow Glow Elsa to draw customers into their stores. They're going to be ordering more of that product right up until December when the holidays come to a head, and so this number's going to be a blow out too."
Further checks into JAKK's progress reveal a tightening relationship with Disney, which will bear fruit long after the holiday season. We expect to see JAKK to emerge in Disney franchises where it has previously not had exposure. From my vantage point, Frozen has proven to be a catalyst that has set the stage for the company's resurgence." end article
"...This is going to be, I think, one of the few areas that give us, one of the few stocks that give us a great opportunity to make great money at very little risk.
Why is there very little risk? Well, obviously it's the Frozen franchise, and specifically the Snow Glow Elsa, we'll get into that, okay, in a little bit. In addition, it's the Wall Street estimates, which incredibly have been on the decline over the last 90 days. This is a perfect example of Wall Street getting things wrong. These guys are so busy chasing investment banking business, marketing with their buy-side customers, they're very busy, okay. I deal with them all the time, and a number of the folks out there, the best ones, are dealing with the biggest companies. The Apples, the Googles, the Facebooks, that doesn't leave a lot of quality, for the companies like JAKKS Pacific, okay? Those that do, don't quite understand what happened during the last quarter, which is, we saw a top-line beat and we saw a bottom line miss.
And the bottom-line miss, management tried very hard on the call, to explain to the Wall Street analysts, that the bottom-line miss was because they decided to invest extra money in purchasing more manufacturing capability, developing new products... And when I say purchasing new manufacturing capacity, they had to travel over to Asia, and get those partners lined up. They're not building their own capacity, they outsource it, but that costs money. Developing new products costs money, that's R&D, and obtaining new licenses, from Disney, okay? That all costs money. And so all of those investments... You ask yourself right now, before I go on, is that a wise use of money? And of course the answer is yes. This thing is on fire. Absolute fire. And in fact, as we saw Hasbro and Mattel just duked it out in a big way for a bunch of licenses, and the winner..
"Close to a year after its release, magic of The Walt Disney Company’s (DIS) smash hit animated movie ‘Frozen’ has still not ceased to amaze either kids or their parents.
The popularity of the film, released around Thanksgiving last year, surprised one and all. Consequently, industry experts anticipated that the associated merchandise will be a huge hit this holiday season, which has been proven correct
As per Toy Insider Hot 20 list compiled by Adventure Publishing Group, two toys based on the franchise are on it. Snow Glow Elsa doll, modeled on the protagonist, has a dress that lights up and Cool Tunes Sing-Along Boombox, a karaoke machine that features the movie’s soundtrack. Also, Elsa doll features on Toys “R” Us fabulous 15 list. These toys are manufactured by JAKKS Pacific, Inc. (JAKK). 'Frozen' raked in more than $1.2 billion in worldwide ticket sales, which makes it Disney’s highest revenue generating animation film surpassing the 1994 blockbuster, 'The Lion King', which earned close to a billion."
The analyst that picked HIMX to triple has now picked JAKK to triple - SA article this weekend about Frozen and the products JAKK manufactures. $22 target. Search for Mark Gomes on SA. Double digits very soon imo.
A lot of positive online chatter this weekend about JAKK - finally getting the attention it deserves. Hoping to see double digits very soon.
Makes Frozen (movie) and Teenage mutant ninja turtles toys and costumes. 70% short and given a price target of $22 on Friday by Mark Gomes who picked HIMX (it tripled)
Currently only a $165M market cap with about the same in cash. $7.50
Mark Gomes who seems to have a great track record has picked JAKK as his next investment. He picked HIMX and it more than tripled and same with PXLW. This is very good news for us longs and validates what many of us have been saying. Buying shares in the single digits is a gift right now (imo) before the holiday season gets any closer than it already is.
Just need some momentum and I believe JAKK will quickly break out upwards, especially as we get closer to holiday season...which is not far away at this point.
We all knew it had to come at some point. Granted it isn't a major investment firm/name, but I'll take it. A guy named Mark Gomes. Had this to say amongst a lot of other DD. He has a lot of followers on twitter, SA, etc and just before close today he posted.
"We’ve been patiently waiting for the right opportunity to invest in the demand for Frozen merchandise and JAKKS Pacific (JAKK) fits the bill. JAKK is one of several toy companies that hold licenses to sell Frozen products. However, due to JAKK’s early entry and specific licenses, we believe that shares of JAKK will be the greatest beneficiary of 2014’s biggest sensation.
Making the situation even juicier is the fact that JAKK has struggled in recent years. As a result, its stock has fallen to $7 from its all-time high of $30."
"....proof will come in Q3 and Q4 (when the company typically rakes in 75% of its revenue on even higher margins). With the help of Frozen, we feel that shares of JAKK could easily double. Beyond the holidays, Frozen could be the catalyst that takes the princess trend (and JAKK’s entire princess franchise) to a whole new level of popularity and sustainability. If that happens and the company succeeds in completing its corporate restructuring, the stock could regain its past luster. Indeed, the stock has spent much of its history in the $20+ range."
In addition to JAKK's current market cap being valued equal to the cash it has on hand, JAKK is growing at 17% even before the holiday season approaches...which is when the bulk of JAKK's revenues/profits are made. $20+ by the holiday season. Might sound bold, but I do not think it is in this case.
And JAKK manufactures what is predicted to be the #1 selling toy this holiday season. The movie Frozen is a franchise that Disney continues to grow and JAKK will continue to grow along with that franchise. Just a matter of when people find out about our little gem of a stock. Seriously the market cap equals the amount of cash that JAKK currently has...a lot of room to move up. Double digits in my opinion are right around the corner and I would not be surprised to see us above $20 as the holidays approach. 74% of shares are short as well, adding more fuel to the fire.