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OmniVision Technologies, Inc. Message Board

mlc178 5 posts  |  Last Activity: Sep 19, 2014 4:05 PM Member since: Nov 20, 2000
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  • I don't see it at HP's website. I did find arm-based servers using texas instruments processors on HP's site.

  • mlc178 mlc178 Aug 16, 2014 11:28 PM Flag

    I listened to the Q&A too. It is clear to me the company is hiding something. Most likely the cash isn't there and has been swiped away by insiders or secretly loaned to someone else.

    Hey, he is learning from Steven Jobs.

  • Revenue from digital photo paper business was only $1.1 million in the quarter. Profits were much less than that. The move seems senseless to me unless they are expecting an explosion in the digital paper business.
    Anyway, the reason given in the 10Q is it being in a residential neighborhood.

    Our digital photo paper operations are based not in our main manufacturing plant Xushui Paper Mill but in two industrial buildings that are located in our Headquarters Compound in the town center of the Xushui County. In recent years, there have been more residential buildings and residents living in the surrounding areas of our Headquarters Compound. We have been under increasing pressure since October 2012 by local residents and from government urban planning officials to minimize our operations during night time, which resulted in a curtailment of our production schedule. Currently, we have decided to move our digital photo paper productions lines PM4 and PM5 and related operations to 3 new workshops currently being constructed at the location that is right across the street from our Xushui Paper Mill. We purchased the land at that location (the “Xushui Mill Annex”) in 2012 and will build office and other administrative facilities to consolidate the operations of the Xushui Paper Mill, the digital photo paper activities and our Headquarters Compound. We estimate the relocation will be implemented and PM4 and PM5 will be temporarily shut down in the fourth quarter of 2014 when the construction of the new workshops and other facilities are completed. Digital photo operation is expected to resume in the second half of 2015.

  • Reply to

    This is price manipulation, hold your shares

    by cubanpp Aug 5, 2014 10:04 AM
    mlc178 mlc178 Aug 14, 2014 2:25 PM Flag

    I added more last week. Glad to see it is rebounding already.

    Those that want out of the merger can turn in their shares for cash at 7.727 euros per share provided that they did not vote against the merger. If too many shareholders want out so that the cash payment exceeds 500,000 euros, the merger is called off. This is the fear that made the stock sink.

    Any way the rebound of the stock reduces the number of investors that want to cash in their shares.

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