for its portal.
20%+ of sync revenue comes from VZ .. thoughts
Apple's new smartphone, expected to be called either the iPhone 6S or iPhone 7, will have more than 5 per cent less battery power than its predecessor, according to reports from component makers in China
and iris is good to reduce power consumption by more than 5%
he blur free is not needed, but their look up tech for clarity is fast and pretty good, together with lowering battery consumption ,, you never know ..
few other options left for board and CEO
Good point. But see the one that came out a couple of days ago. It crushed tru2life
At this point, I do not think it will be a game changer. Rather, feature will be loved by some, neutral by most and hated by some.
I think they have a big design win now, which explains their plan to sell options which re mostly priced in the $3s
We will see. I def think it is a buy here .. but not going to $100 .. maybe $12
stock can do a u-turn on any news, partnership, use cash to buy a casino game
$4.2 and $1.5 in cash .. no debt ... DH2016 + KP + ST + NM + TS + KKH + KN ..
Each could bring in over $100k a day
they want to sell their shares before feb .. so probably sooner
my guess is that a big win will be announced before then
the bad news i see is that i have not seen a single good review if true2life+ anywhere and some are pretty bad .. e.g. a review came out yesterday just said wish they could turn the whole thing off
so, sell on some good news that is some big design win
Richard L. Sanquini, the Company’s Chairman of the Board, Bruce A. Walicek, the Company’s Chief Executive Officer and President and Steven L. Moore, the Company’s Chief Financial Officer, Vice President, Secretary and Treasurer, each adopted a stock trading plan intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy on August 28, 2015, August 31, 2015 and August 27, 2015, respectively. Each plan provides for the sale of shares to be acquired through the exercise of stock options which are scheduled to expire in February 2016
Roth Capital analyst Krishna Shankar was out pounding the table on Pixelworks, Inc. (NASDAQ:PXLW), reiterating a Buy rating and price target of $8.00, which implies an upside of 58% from current levels.
Shankar wrote, “In our opinion, PXLW is on track for double-digit product revenue growth in 2015/2016 driven by the ramp of projector platform revenues (72% of 2016 estimated revs), high-end 4K TV/embedded monitor chips (7% of 2016E revs), and new Iris mobile video processor chip and IP licensing/royalty revenues (21% of 2016E revs). PXLW management has indicated a healthy pipeline of Iris mobile video chip and IP design wins such as the Asus ZenPad tablet (with good initial customer reviews), and a new optimized version (Iris 2) mobile video platform is sampling with broader adoption potential. Upside potential exists for our estimates if PXLW mobile video processor chip or IP technology is adopted by high-end smartphone, tablet, and notebook customers.”
earnings if they remove fuel surcharge
I agree with all you say. But, it is almost a no brainer that with incremental revenue from Asus, company is cash even. In 2012 to 2014, they invested heavy on R&D and burned cash, so raising
$1.3M in 2014.
$10.1M in 2013
$450K in 2012
But, now, raising $15M when cash breakeven is quite visible (just try to buy Asus Z580CA and you know what I mean) make little sense.
If you assume
- $5M is to improve balance sheet and $10M is for inventory build up; and
- inventory is cycled 7 times in a quarter
- 50% gross profit
Then, this would mean $70M inventory turn around a quarter. i.e. $140M additional quarterly sales. It would drop $2 a share EPS per quarter !! (they have over $10 shares of loss carry over, so no taxes to pay)
as it relates to us
Video and audio playback, however, were as smooth as can be. The video image is crystal clear
could be ... you may be in the camp that they raised cash, because zenpad here is bet they have got .. but then, below, may call for shareholder lawsuit
"So, I think we are pretty much on track certainly with the engagements that we have, with the wins we have in the pipeline that we have building to see excellent growth in 2016 and overall this was driven by mobile.
Also, note that option 1
"They see Asus as, by far, the best win they will have over the next 18 months and that IRIS would, at best, get medicore attention and soon obsolete. In this case, raise cash now before stock goes to $3"
would end up with shareholder lawsuit as their CC last quarter has outlined that Asus win is just the beginning
"Momentum continues to build with an increasing number of customer engagements, evaluations and design wins as the Iris product family expands to address more specific applications looking into larger mobile markets. We are in the right place at the right time with first mover advantage to attack a large fast growing market of hundreds of millions of units that is undergoing rapid change as the confluence of key trends drives a critical inflection point."
"So, I think we are pretty much on track certainly with the engagements that we have, with the wins we have in the pipeline that we have building to see excellent growth in 2016 and overall this was driven by mobile."
if company A says, i want 5 million iris chip now, I think pxlw would order the chips (say at a cost of $2.5) and pay out of its pockets $12M. Once the chips are made and delivered to A, A pays pxlw.
Pxlw turned inventory 7 times in quarter. So, if product revenue was $15M, then it would only need $3M working capital
For PXLW to go to Roth sharks to raise $15M, suggests only one of the following two options
1- They see Asus as, by far, the best win they will have over the next 18 months and that IRIS would, at best, get medicore attention and soon obsolete. In this case, raise cash now before stock goes to $3
2- They have an order of size much greater than their normal requests. Probably around 5 million units.