Here is some positive thinking for ya. Either Click will report decent enough 1Q performance to take the stock north of 10, or if a disappointing 1Q performance, it will drop back to the 8s and Vector will buy more and start forcing the company to change through board and management replacements. Ultimately that will put Click into play and that will take it north of 10.
Gunner, what has suddenly turned you into a buyer below $8.4? Did the 20F tell you something you didn't already know?
pe.......on the Aladdin purchase by Vector, what did that "fight" look like to get the CEO and Board to move from initial no to yes? Would assume that the Board did their due diligence to ensure a fair price that would stand up to legal challenges.
Can't say what Fuji would do, but we know what he did do. Fuji moved his money to other investments that he felt had more promising or predictable returns. He got tired of Moshe's large annual stock bonuses with no flow down to other key employees ,only to watch valuable talent leave the company. Then there was the ongoing overpromise and under delivery.
I don't think this recent pop is buyout speculation. Rather simple recognition that CKSW showed profitability with promising revenue growth/pipeline. Agree that no near term buyout is on the horizon.
Patience still here and have been since early 2010. Waiting, foolishly perhaps, for a buyout from one of CKSW's business partners. Moshe not getting any younger.
But neither additional Moshe options nor a testing of $7 will bother you, cause you have exited your investment in CKSW, right?
Gunner has a CKSW itch that has to be scratched. To be left out of a buyout.....unthinkable. Let us know when you buy back in Gunner.
The article is a fair accounting of disappointments from guidance, but I did not see her say she was so disappointed that she recommended selling. There were glimmers of hope and yes, there was profit.
You can't believe anything until it is officially denied.
So we're saying that employees are going to dump shares, but a salesperson from Click;s competition is actually buying Click shares to hedge his commission losses? Unreal.
Yupicon, please ask your friend what the market growth rate his company assumes for this business.
Having said that, I totally understand anyone who ditches this investment. The guidance misses come like clockwork each quarter and the overgenerous options granted to Moshe year after year are a great disappointment. This investment requires a faith in Cloud growth and Click's differentiation from its competitors.
Good luck to you top gunner. We'll miss your commentary. Given Moshe's age and the Cloud wave we're starting to ride. I hope you didn't pull the trigger too soon. Time will tell.
I would expect a drop in Y/Y Q4 since Click is moving from on site licenses to cloud subscription business. That the overall revenue and profit have grown from 2013 to 2014, given this business model transfromation is rather remarkable. I think we heard good news today in the cc and I continue to hold. I also think 2015 Guidance is conservative, particularly in EPS estimates.
Doesn't make any sense to me to have earned $.11 non-GAAP EPS in 4Q14, but then to provide full year 2015 EPS guidance at $.09 to $.15. EPS guidance seems too low.