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Cadence Design Systems Inc. Message Board

o08o.ugh64w 50 posts  |  Last Activity: Aug 28, 2015 1:18 PM Member since: May 13, 2011
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  • There are many irons in the fire.

    1. Delayed closings - as mentioned by someone else here and discussed on the call, the comparison to 2013 was made - where first half was soft, then things built up in the second half, and it led to a very strong 2014. Thad indicated they are very focused on closing deals in Q3 and Q4, and are confident in their ability to get it done. However, as I mentioned in previous post, even with the softness this past quarter, company is much stronger and better positioned than 2013. Unfortunately, because company's business is concentrated in this one area, and it is subject to customer business cycles, the quarterly lumpiness will likely continue. With the jittery markets in general, it just adds to the volatility in the shares and this wild selloff.

    2. Embedded SIM - this will be an additional revenue stream in the future. Activation still needs to take place. So, if anything, the market continues to expand - more devices will need to be activated in the future.

    3. A number of partnerships in the works around mobile ad insert, mobile app download, and personal cloud backup - these are new/additional revenue streams that will be coming.

    4. There was a question/answer on the potential for a buyout. It is out there and company is open to it if it comes along for the right price...but right now the focus is growing the business.

    Bottom line for investors, there are going to be more and more mobile devices. These will be replacements as people upgrade their phones every couple years along with new customers. Additionally, there are going to be more new devices which require activation - whether they be tablets and other portable computing devices, or new technologies still to come - Internet of Things/M2M is coming and so there will be more connected devices. Nobody competes with EVOL in provisioning like this and the numbers show it. Wireless providers need EVOL as their subscriber base grows.

    The future continues to be bright.

  • Use the opportunity to pick up cheap shares.

    Collect 6.5% dividend (at this moment) to sit back and be patient.

  • Reply to


    by rloos15 Aug 19, 2015 3:44 PM
    o08o.ugh64w o08o.ugh64w Aug 19, 2015 4:52 PM Flag

    as difficult as it is, you can't fault the company/stock for days like today...most everything was going to go down regardless of the individual situation.

    insiders were buying in December in $6.00 to $6.75 range. unfortunately, they can't be buying right now because it is restricted period between end of quarter and the earnings announcement. if they were allowed to be buying, I think with near certainty that they would be.

    I'll be averaging down as low as folks want to sell their shares. volume is miniscule, so it's just weak hands at this point. I was pruning my holdings over past couple months, so I have lots and lots of dry powder for this whole market correction. I was having a field day picking and choosing what to nibble on...and I did also take a little MFRI near end of the day.

  • Reply to


    by rloos15 Aug 21, 2015 10:36 AM
    o08o.ugh64w o08o.ugh64w Aug 21, 2015 4:20 PM Flag

    though I appreciate your situation, again, in a market like we had today, you really can't complain.

    just in the past week we've seen 1000 points come off the Dow.

  • Reply to

    What ya say now ted10054 ??????

    by rloos15 Aug 25, 2015 3:31 PM
    o08o.ugh64w o08o.ugh64w Aug 26, 2015 2:28 PM Flag

    I appreciate your situation, however, you don't appear to be a very good investor by some of the things you are saying. For example, for some reason, you have an idea that because the backlog was at a certain level at some date in the past, the fact that backlog is at the same level today should dictate a share price the same as it was at the previous point in time. Why would you believe that? Share price is a function of many parameters - most importantly what another person is willing to pay for the shares. Under current market conditions, for the performance company has turned in since $13/share, are the shares not justified being at $5?

    As far as why the share price went from $13 to under $5, has the company been posting losses? Have sales been down? For a small cap stock with a low float, that will knock the shares down a good amount.

    Since your posts have gotten louder over the past week or two, the shares moving lower is directly related to the market and specifically small caps moving lower.

    Again, sympathy for your situation, but don't blame ted or anyone besides yourself.

    Good luck wherever you decide to reinvest the remainder of the money.

  • Reply to

    What ya say now ted10054 ??????

    by rloos15 Aug 25, 2015 3:31 PM
    o08o.ugh64w o08o.ugh64w Aug 25, 2015 4:21 PM Flag

    with all due respect, are you not aware of what has been going on in the market this past week? were you expecting that MFRI shares would buck the trend of the market and move higher while everything else is getting clobbered?

  • Reply to

    Double whammy - atrocious timing here

    by eiretekk Aug 25, 2015 10:48 PM
    o08o.ugh64w o08o.ugh64w Aug 26, 2015 9:47 PM Flag

    Because you have something called a sales pipeline. You don't just get a phone call from a customer saying "hey, I want to buy a million dollars worth of stuff". The sales process begins months in advance before an order is actually signed. They can get a feel how things will go based on what the sales pipeline looks like today - where things are in the pipeline, the types and how many inquiries they get, and again their knowledge of the sector.

  • o08o.ugh64w by o08o.ugh64w Aug 26, 2015 1:07 PM Flag

    7200 @ $4.87

  • Reply to

    Double whammy - atrocious timing here

    by eiretekk Aug 25, 2015 10:48 PM
    o08o.ugh64w o08o.ugh64w Aug 27, 2015 7:34 AM Flag

    I'm happy that you have decided what's appropriate for discussion - maybe you should pick up the phone and contact the CEO to tell him?

    Your analogy to playing lotto is well off the mark...completely irrelevant.

    Providing outlook is appropriate for discussion on a conference call. The company is actually getting better as they provided Q&A this time and they have not previously.

    Would you prefer that company said nothing about their outlook going forward and just leave everyone in the dark about what there is to look forward to? Is it not common for companies to provide outlook and forward guidance? Is this the first company you've invested in?

  • davebugs, you are so right about this thinly traded stock. I've been watching Level 2 this week and how the shares move...there are definitely algo systems playing with it and forcing the shares lower.

    but that's actually ok by me. I've wanted to buy shares previously. I've seen the insider purchasing, previously reviewed the financials, and am well aware of the business situation. throw in Mario owning over 20% of the shares, the pile of cash, and the secure dividend approaching 5% - what's not to like?

    so, I say let the algo systems play their games ... I'm needing more shares in my portfolio...I've been sitting on lots of cash just waiting to put it in to some solid companies that have been unjustly trashed and this is certainly one of them.

    will we get to buy shares below $15? I bought just above $15, so if we're going lower, let's make it a nice amount lower - say $13.75 to $14.00. I won't get my hopes up though.

  • Reply to

    why such a sell off?

    by moneyisthesolutiontoeverything Jul 10, 2015 7:03 PM
    o08o.ugh64w o08o.ugh64w Jul 13, 2015 1:11 PM Flag

    1. just prior to shares going ex-dividend, there will be a segment who will sell. in general, shares tend to dip lower right after the ex-dividend date and these folks look to be out of the shares so they avoid that we see today.

    2. there would certainly be some insider purchasing, or potentially company buyback of shares with the price so low. however, being that it is after end of the quarter and the earnings have not yet been announced, it is a restricted period where company and insiders cannot be buying or selling shares, unless there is a 10b5-1 trading plan in place to allow it. many times, short sellers will take advantage of this, since there is nothing company can do to provide some floor under the shares until the earnings are announced.

  • and I 'd be interested.

  • Reply to

    Show me an insider buying some shares

    by o08o.ugh64w Jul 19, 2015 4:25 AM
    o08o.ugh64w o08o.ugh64w Jul 19, 2015 11:47 AM Flag

    Well, then I'll never be interested.

    There are other/similar/better out there at this time with insiders putting their money where their mouth is.

  • Reply to

    $140M Market Cap of which $95M is Pure Cash

    by apollo567 Jul 23, 2015 11:00 AM
    o08o.ugh64w o08o.ugh64w Jul 23, 2015 6:30 PM Flag

    agree with all your points.

    company needs to show a return to profitability - even a miniscule profit.

  • Reply to

    Wild mispricing overreaction

    by o08o.ugh64w Aug 5, 2015 10:13 AM
    o08o.ugh64w o08o.ugh64w Aug 6, 2015 8:49 AM Flag

    Why yes, I am a shareholder - as of yesterday - because I do understand this company, and that these unwarranted selloffs do occur periodically. In fact, when this happened last time was when I last bought shares - at $6.00, to watch them go to $10 just a few months later.

    Again, you do not know this company, and that is what allows you to make flippant off-the-cuff comments that have little basis in reality.

  • Company is doing fine...much stronger than last time shares were whacked like this about 2.5 years ago.

  • Reply to

    Mediocre quarter.

    by eskine212 Aug 13, 2015 12:39 PM
    o08o.ugh64w o08o.ugh64w Aug 14, 2015 4:33 AM Flag

    a share buyback at this time makes lots of sense. as mentioned on the call, a dividend could be another option, but the share buyback is better from a couple views.

    1. dividend is taxable to shareholder now, buyback increases the value of remaining shares and pushes the gain off into long term capital gains

    2. reducing share count while the shares are low is much better than companies looking to use the buyback specifically as a mechanism to keep their shares inflated at a high price. many big companies are using their cash piles for this or taking on debt to do this. invariably it fails because their shares were artificially inflated at the high price to begin with.

    3. reducing share count during a low profit period provides extra momentum when profits pick up again.

    4. repurchasing shares when the price is below book value is a no brainer. book value is increased. remaining shares are more valuable.

    5. as mentioned on the call, and obvious to anyone following the company over the past two years, management is fully invested owning a significant number of shares. they've done the hard work turning things around. now they just need to continue to perform and it will pay off in a big way for all shareholders. it's just a matter of time for when the sector turns higher again.

    6. a caller mentioned Ladenburg Thalmann in his question. if you compare the financials of NHLD with LTS, it is clear that NHLD is doing a better job. at some point, the market comes to its senses and realizes this. in the short term, people get distracted by Frost buying LTS shares all the time and get all excited. it happens with all of his companies - he has a halo around his head and naïve investors believe everything he touches turns to gold. LTS is overvalued and has been for the past couple years, solely because of Frost.

    7. NHLD is a buyout candidate with the shares so low. the company is strong and in a good financial position. they don't need to go looking for a savior.

  • o08o.ugh64w o08o.ugh64w Aug 18, 2015 9:25 AM Flag

    the recovery in share price.

    Thad said they would be very focused on closing deals in Q3 and Q4, and this is him beginning to deliver on that.

  • o08o.ugh64w o08o.ugh64w Aug 18, 2015 2:45 PM Flag

    "The larger shareholders are watching very closely..."

    As if you have the inside track to know what the larger shareholders are doing?

    Too funny.

  • o08o.ugh64w o08o.ugh64w Aug 18, 2015 5:12 PM Flag

    there were much better bashers here last time around.

    you won't be here in 3 months and shares will be back at $9.

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