This makes a lot of sense to me.
ATEA'a float is only 1.4 million shares. Author has $6+ target after earnings in tow weeks
CKSW and VRYAF more than doubled and reported record revenues and net income last week due to unprecedented demand for Field Service Management (FSM) cloud-based solutions from small and medium sized enterprises (SME;s) trying to remain competitive. ATEA's products and services are far superior to VRYAF's.
New article just out.
Easy 3-bagger with new CEO from larger competitor SANM.
Profitable quarter ahead and trading at 0.1 times sales.
Super undervalued profitable low floater will explode
MMs are screwed
Company says that they will get a credit as well due to the change in Mexico's tax law. I imagine of similar magnitude as KTCC's which means that it would negate the projected 4Q 2013 write off due to inventory issues.
Well, that's good. There are a lot of great China companies like BIDU and others. Besides, GIGM is based in Taiwan and they are not crooked like main land china people
Excerpts from SeekingAlpha article on GIGM today
GIGM is grossly undervalued...... even with today's gain, GIGM is valued 30% below below cash value of $1.47/share and 200% below book value of $2.27.
FYI....GIGM's CEO Collin Hwang has put his money where his mouth is by buying almost a million shares in the open market!
Going forward, the company focus is on growth markets: mobile and social casino games, and cloud computing services.
• Games business expects growth: New mobile games launches expected in the first half of 2014, followed by new social casino games.
• Cloud business forecasts growth: New cloud services expected to make initial revenue contributions in Q4 2013; multiple new services to be launched in 2014 expanding target market to larger enterprises.
Online games business
GigaMedia is investing in and repositioning its online games business to align itself with strong growth in browser/mobile games in the social casino sector. Management targets a comprehensive, multi-platform offering of self-developed browser, mobile and PC-based games by early 2014, delivering improved financial performance and lower business risk.
Cloud services business
Developed by GigaMedia as an integrated platform of critical services and tools for small-to-medium enterprises (SMEs), GigaCloud provides cloud-based Software as a Service (SaaS) offerings. GigaCloud's hosted services enable SMEs to outsource key IT needs and increase flexibility, efficiency and competitiveness. Expansion of GigaCloud in 2014 will begin with both new hosted and new private SaaS applications and services refocused on larger SMEs; new consulting services are also planned.
....and Giles' lover Rick Berger too.
Micro-cap Gem Finder is my hero!!!
He stated in SeekingAlpha's StockTalk today that he will issues an SeekingAlpha article on TSYS on Monday moring. YOu might want to load up before Mondaty
Fireworks coming up
Check him out ....his SeekingAlpha name is Micro-cap Gem Finder..
What is that? Does anyone know anything about it??
SMTX has a new CEO and has delivered a strong 3Q and is expected to deliver a better 4Q in a few weeks. SMTX is super undervalued trading at 30% of sector average and a 0.15 times sales valuation. New CEO is highly respected in sector and helped SANM go from $2 to almost $20/share.
Below is a summary of the various improvements achieved in 3Q 2013 over the prior quarter(s) results:
Revenues of $72.9 million up by 12.3% from the prior quarter.
Achieved positive adjusted EBITDA of $2.1 million versus $(1.3) million in the prior quarter.
Net income was $0.6 million (4c/share) and was negatively affected by two non-recurring legacy items totaling $0.51 million. This compares favorably to losses in the two prior quarters
Interim President and Chief Executive Officer Larry Silber commented: "We are pleased with the improvement in revenue over the prior quarter and our order book remains strong. Significant gains have been made across our business resulting in improved customer satisfaction. "
Mr. Silber continued, "Our short-term goals includes, successfully completing the CEO search and implementing a smooth transition plan, substantially reducing inventories, improving the efficiency and profitability of our sites, continuing to expand our business with existing customers and the pipeline for new customers, and continue with executing our strong order book."
On December 23, 2013 SMTX announced the appointment of Sushil Dhiman, a Senior VP with competitor Sanmina-SCI (SANM) as its President and Chief Executive Officer effective January 6, 2014.
Commenting on Mr. Dhiman's appointment, Executive Chairman Clarke Bailey stated: "we are pleased that our search resulted in Sushil joining SMTC as President and CEO. He brings a wealth of experience in operations, customer service and business development. I believe he is a great fit for our company and expect him to have a significant impact on the success of SMTC."
TARGET: $5+ AFTER EARNINGS......DO YOUR DD
SMTX is a coiled spring. The company will report profitable earnings in 3 weeks per guidance.
New CEO helped SANM climb from $2 in 2010 to $16 today.
Trading at 25% of sector averages
Per 3Q 2013 CC - About Gross Margin Improvements
According to the 3Q 2013 earnings transcript, an important company focus has been to ensure a more efficient operation of the Mexico facilities. SMTX brought on board Chris Christiani as Senior Vice President of Operations to optimize the Mexico operations. According to Executive Chairman Clarke Bailey, Mr. Christiani has done a great job establishing and implementing processes aimed at enhancing quality, and improving efficiency and gross margins.''
Other initiatives to increase gross margins relate to: 1) supply-chain optimization to improve procurement terms, 2) optimizing throughput and productivity and lean initiatives in the company’s manufacturing plants, 3) improving inventory management, 4) software system upgrades to improve efficiency and the ability to manage materials flow through the factory, 5) better management of bill of materials to make sure that they process through the plants in a more effective way, 6) working with a host of third-party suppliers, like logistics companies, insurance companies to optimize insurance costs, HR consultants to optimize manpower requirements, etc.. Mr. Bailey added, “I think these things will certainly contribute to improved margins as we go forward into 2014.”
SMTX is a global Electronics Manufacturing Services (EMS) delivering contract manufacturing services to original equipment manufacturers (OEMs) and specialized turn-key engineering and manufacturing services to global emerging technology companies.
SMTX has several manufacturing / technology centers in the United States, Canada, Mexico, and China. The company has more than 40 manufacturing and assembly lines and employs approximately 2,300 employees worldwide
39K........wall getting weaker before a huge breakout into the 80s
Way too much potential here
Thank you, thank you.....Only in America, and I am not Don King!!!