Jay has no clue as to being a real analyst, he changes his mind every other week. I do not put a lot of creditability in his targets.
by Renu Singh is very interesting. You may want to check it out. One thing that caught my eye is Himax "the company recently launched its first 13 megapixel sensor, positioning itself to deliver high-end offerings to prospective customers."
noocie...., and the stock falls! Why? Because the margins a too low. CEO gives away the product, does not understand pricing power. He's got to go.
Also short interest is a tiny 6.4 which means there are not that many of them so don't expect any kind of squeeze at all.
yep, just read that too. Himax is the technology of the future and IMHO is way under estimated at this time as to their impact when these deals the company is on working currently that have yet to be announced, come into play. Usually markets take these things into consideration ahead of the announcements..., not the case with HIMX. With the Google announcement for Glass we saw what can happen, when an announcement comes and what can happen if there is a delay..., both. That said IMHO the CEO will only announce when the deal moves to production or sales and not before as with Glass. Once these things start the revenue stream, look out the pps will move quickly IMHO, as investors pile on.
stern is right as to all the good things DJ has done but the key word is has (past tense). We now need a leader that can take us forward from here and knows how to get there. DJ has us stuck because he is not qualified IMHO for the next level. With the pps where it is trading..., the market agrees with me. I really don't need posters who have no clue how to run a business to understand this concept of profitability. But they too have the right to post, it is fun to read the DJ pumper puppets..., but maybe they should consider a real job.
I have a lot, a lot of experience in manufacturing, production, inventory control and dealing with distributors and site just in time delivery. I stand on my post above.
Furthermore, the market knows something is wrong in this company as the pps has dropped 50% from it's high. IMHO change is coming and this management team may be on its way out. Watch if management juices its severance program for itself, that will be the sign the end is near for DJ and most likely most of the BOD.
Too much of a backlog is not good for turning it into cash as if production can not be met or is to expensive due to overtime costs there will be lower margins and or lost contracts for failure to deliver on time. Not to mention the fees a company could pay to the customer for delays. DJ needs to control the backlog more than grow the backlog. Turn the backlog into revenue should be a strong goal at strong margins to reach profitability. This is true share holder value.
IMHO Mark Cuban is a very smart guy and great business man. He will evaluate the results and won't be too concerned about the profitability of his new stable of companies he supports as much as the exposure itself. A good marketer as Cuban is knows it is all about eyeballs. If he sees a benefit in these metrics he will most likely do it again with other or new shark tank companies he invests in. he just needs time now to evaluate this advertising effort.
but how many do they end up losing because they can't meet the demand? How many are in the rears in payment? If these two questions are zero, then why is the company failing to make money? What is this CEO doing about production? Are they hiring or paying out more in overtime which is non-productive by itself? And what about those margins and demand pricing..., are they charging more? Simple economics 101 questions..., where are the answers.
mar I think you are expecting things too soon. We will have a better sign with the Q3 results, that is on the new management. If they have the real chops, they will deliver.
If you wait for $3 and then buy you may lose more because for the stock to get that low something beyond the CEO change would have occur. I mean with todays numbers the real bad news is now behind the company. They have a bit more in severances for Q3 but if they follow through with some changes they could surprise us. I think if they improve on the returns and bring that down that would be a great first step and if they can continue to improve the margins, that too will deliver good results. One thing for sure is they need to address the book value and get that going into the right direction. So for now we should continue in this range until we see some real changes. That said expect the pps to stay in the range of $4.50 to $5.25 for now.
I agree. Did they talk about the new facility at all? Was wondering what Bozek's take was on that. I am glad they are going to 24 hour programing. I never understood why KS was showing reruns. How were the customer numbers did we increase them any further over the 1.4M number? I'll have to listen to the CC when they post it to the web site. Good thing we were up this week leading into the earnings report as we are seeing most of that disappear for now. But this team will be judged from the $5 mark where it was at the time they took over. Nice to see the volume over a million too bad it is on the down side though. Once the old management sells off and the improvements come we should get back on track. Q3 revenue will be a huge gauge IMHO as to this new managements performance minus the severance.