In an industry that has its back against the wall NM surprises the analysts. When the report was announced I put a bid in at .75 but got them at a bit less than .72. I increased my holdings by 200% at the open that day. The company is well managed at this point. Any turn around in the commodities and NM is in good position to move forward. Day rates are improving.
Hi harry, I look at this appointment (hire) as an "old dog" and IMHO EVLV needs new blood in this area, a 30 something that is up on trends. JMHO.
I think that now that they are well positioned to increases by the FED, they are just waiting for this to happen. But it may take awhile so we may go back in the pps first. Maybe even to 6.70
Time to gobble up shares smart money. We are seeing this morning short term money sell on the news and giving long term buyers opportunity. If anyone thinks Wu won't deliver guidance then they don't know investing. I did not see this mornings action coming but welcome it with open arms and wallet. A huge shout out to the dumb money sellers this morning. Life is grand.
Considering the earthquake customer delay and the Q having 9 less days, these are great numbers. Then factor in the customer is back on track in the Q we are in is why the guidance announced is so strong. Wu has beat the numbers more times than not and the street should consider HIMX will be strong for the rest of this year and beyond.
The business losses were better by 10%, "an improvement". Moving in the right direction. Q2 revenue should come in at 10M IMHO to keep the growth target going forward. They have improved their business plan to get to their 42M revenue target. All in all not a bad Q, as progress on revenue continues. Remember they were only making revenue per year what they are making by Q now.
Yep got em. Watch near the close tomorrow, we may get a sign. If green we add 4-6 cents by the closing bell. Then if the earnings beat on Thursday, we are off to the races. There is a wide open move to .46
jeb, as I said above we could see it up a buck and a half if the earnings beat. So if the price is 10.51 then we could get over 12. But if the smart money sees these new products at a greater value, we could see in the next six months (November's announcement) my fair value number of $16.33. It's all un to the numbers and performance of the company..., can they deliver strong growth.
As we are seeing chart wise, the battle is on between the smart and dumb money investors and speculator shorts. Good! HIMX wants to go higher and when good solid volume increases, then it should move fast. Now the key is earnings and if they beat we could see a buck and a half up or more that day. However, leading to earnings we just may get a sign which way they are leaning. IMHO if more institutions come to the table, that would be a good sign.
Believe what you want. But third party insurance companies are in the business of insurance and all they would do is increase premiums. Now if the company thought it was smart not to insure for the loss than that was a mistake (a big one) but with prices the way they are, not a game changer as the loss may be worth more in tax loss then what the profit was in continued running. We shall see when they announce the quarters going forward. I am a buyer if the pps moves below 80 cents. Fact is because of the business structure of the company, IMHO it is just a matter of time before NM recovers. But caution others that when buying at these prices there is a huge risk of total loss if the company decides to restructure. As to Vale, well they may not have the funds to continue the contract but have the insurance to make the NM deal whole if the courts get involved. So this issue is not settled yet.
nyjets, I didn't say a reduced fee (although anything over 1% annually is too high in my opinion). But when they have a "return on capital" as part (theirs is almost all of it now) of their dividend, then there are two problems. That is either they one, have the dividend too high or two, are failing to do their job. Unfortunately for us they are doing both. This meaning to me they are in a "run off" of the company and not a "Growth" mode for the benefit of the shareholders. They are supposed to be working in our best interest and not just to get paid for nothing. I would rather they sell the company then having us go through a slow bleed this way.
Well, this team has diluted us further as they run down this company. We are over due for a change in control IMHO. We need to oust management to save our company. All they do is give us back our money and charge us a fee to do so. All JMHO.
blair, there is no talk (but for you) of another RS. The Company is in much better shape then even last year at this time. That is proven by the balance sheet and todays earnings beat. Now when the FED gets their act together and start to move the interest rate back to normal, IMHO CIM will shine even more. Just watch and see. Now if CIM can continue to deliver strong earnings with each Q for the rest of the year, we may just see another special dividend in 2017.
The dividend HIMX pays is based on a formula off earnings of the previous year. Thus the one paid this year is from 2015, that is why I expect less. But I agree that HIMX pps is the key and has much greater potential in the growth area for at least the next couple of years.
I do not expect us to get a dividend at or above last years number because of not improving that much in 2015. However, 2016 will be the breakout we all have been looking for, for a long time. Maybe we get two thirds of last years dividend but next year when we get the benefit of 2016 that could double.
Earnings will be announced next month, WU may even announce the dividend based off 2015 too..., we shall see.
HIMX is now ready to move past the recent $12 high, not from the recent product announcements, but more importantly the production and shipment underway. As we go forward in 2016 I expect we will get even more progress. $16.33 here we come. ALL JMHO.
A lot of these so called tech reporters and analysts have no clue to what HIMX does and who they are working for on new products. But that is ok because just like Jay, they will lose their creditability too. I read todays article from Chris N. of the Motely Fool and one should read it if they want to see a very bias article that he could not even back up why he didn't think HIMX would be a major player in VR. Chris picked the other company that was dropped from the Apple Watch as their supplier..., simply amazing. But that is what HIMX has and have been dealing with since the Google Glass issue that had to do more with Google than HIMX. Oh well one thing many of us investors like is more opportunity to buy cheap and these type of articles do that well.
HIMX, with the help of negative press has backed off from its $12 high and is forming a good base in the 10.75-11 area for now. However IMHO when earnings come out we may see a huge upside as the so called "pros" are proven wrong once more. ALL JMHO.