AXT Inc (AXTI)

[RNsidersbuying]

'Anyone with input as to why this was over sold when they should have good Q3 earnings?'

Overeager seller is my best guess. Balance Sheet and EPS numbers look real good. Downgap at 4.65 filled. In at $4.80.

[DITRstocks]

I've been watching this one since I heard they are in a partnership with APPL making some energy packs on the new Iphone 4s. One thing I dont understand, and I wish someone could elaborate, is to why there was the major sell off.
I wish I would have had funds ready and bought at the sell off, but I didnt.
Desperatly trying to make my money back after falling a fool to the whole LEXG pump n dump.

Anyone with input as to why this was over sold when they should have good Q3 earnings?

Any ideas if this is too late to get in at $5.00 or above?

Thanks.

[perfectpicksfor -you]

New to AXTI. just bought in, now will wait for the bounce !!:}

[stockchaser64]

AXTI a stock to watch for a big swing in price comming look oversold and this stock in comming days could see a major reversal upward

[here4beer]

$5.00.......good range to start long position...

[timvic]

AXTI-bullish stock to watch
AXTI gained 4.76% on 07/22/11 and a total percentage of 9.53% in the past 4 days
AXTI is trading in the range of $7.00 - $8.90 in the past 30 days.
Average True Range (Atr) indicates the volatility has increased for AXTI.
Commodity Channel Index (CCI) is bullish for AXTI.
Money Flow Index (MFI) is bullish and moving up for AXTI.
AXTI formed a bullish Price & Exponential Moving Average Crossover signal.
AXTI formed a bullish Price & Simple Moving Average Crossover signal.
The 10-day simple moving average is bearish and moving down for AXTI.
Average volume increase over 5% for AXTI.

[eiddle]

RECON-- still watching, whats been going on here.

[Soapy Bubbles]

Oversold and Slammed into MA

[eiddle]

Have to go buddy. bought at 0.83 sold at 8.60 yesterday. Had a real good run.

[eiddle]

How high should we set our sights for the next qtr.

[reconranger]

LoL, still here buddy, AXTI is headed back north-reconranger

[eiddle]

RECON-Where did you go?

[eiddle]

Do you think AXT will pay dividends in the future?

[reconranger]

Small-cap semiconductor play AXT (NASDAQ: AXTI - News) is the top performer in the solar space after posting third-quarter net income of $5.6 million, or 17 cents per diluted share, compared to $5.5 million, or 17 cents per share in the same period last year. Revenue grew by 15% to $26.8 million. Excluding certain items, the company's adjusted EPS came to 13 cents, matching Wall Street's consensus

[reconranger]

Running on the morning gap-reconranger

AXTI - 5 min

[reconranger]

AXTI - Weekly-reconranger

[reconranger]

Nice move today, lock in profits-reconranger

[reconranger]

Nice move today, lock in profits-reconranger

[eiddle]

2nd week of Nov.(10Q) this will take off again.

[eiddle]

Love this stock. Bought at .83 ps.

[white_tiger]

article mentions AXTI

http://geoinvesting.com/forums/m/yaf_postst2874_GeoTeam-Tackles-2010-Earnings-Season.aspx

[pisavsopbp622]

AXTI ~ Added to my stash on the $5 break today. Avg up to 4.15. I'll buy any dip under $5 as this one looks to have double written on it in the next 12-24 months.

[pisavsopbp622]

AXTI ~ This stock is beast ladened monster.

[saveapenny]

Great News!

[Mississippi Boy]

Respect. Nice work Redstick

[RedStick]

AXTI Confirmed Breakout:

[RedStick]

The industry average P/E is 27.9 w/ some semiconductor companies having P/Es as high as 53. We'll be conservative and use 20. The company issued guidance of .04-.07 for Q1'10, historically their slowest quarter, and attributed the positive demand environment for substrates as the reason they expect to offset normal seasonality. The current consensus estimate is .035. The company has already given us guidance higher than that figure, so it should be an easy beat. Let's be conservative again and use .04 and then let's assume they (again, being conservative IMO) earn .05 in Q2, .06 in Q3, and .07 in Q4. That's .22 for the year. Using our P/E of 20, that puts us at $4.40, an easy 33% increase from today's levels, and with conservative figures to boot. If the company can crank out .07 in earnings this quarter (remember, their slowest) and then let's just say they earn that amount in each of the three remaining quarters, that would put us at $5.60 - again using somewhat conservative estimates. Let's say our dream comes true and the company reports EPS for the year of .30 and we are awarded the industry average P/E of 27.9 - that would come out to $8.37.

As you can see, whether you value the company liberally or even with extreme conservatism, AXTI is an easy winner.

http://finance.yahoo.com/news/AXT-Inc-Announces-Fourth-iw-1648647646.html?x=0&.v=1

[RedStick]

"We design, develop, manufacture and distribute high-performance semiconductor substrates. We make semi-insulating GaAs substrates used in applications such as amplifiers and switches for wireless devices, and semi-conducting GaAs substrates used to create opto-electronic products including HBLEDs, which are often used to backlight wireless handsets and LCD TVs and for automotive and general illumination applications. InP is a high performance semiconductor substrate used in broadband and fiber optic applications. Ge substrates are used in emerging applications such as triple junction solar cells for space and terrestrial photovoltaic applications and for optical applications."

I really like any company in China whose products are geared in part towards automobiles as the automobile industry in China is absolutely booming! I think AXTI will see this specific aspect of their business grow rapidly.

[RedStick]

Flexible manufacturing infrastructure. Our total manufacturing space in China is approximately 190,000 square feet, 160,000 square feet of which we currently use. We believe that our competitors typically purchase crystal growing furnaces from original equipment manufacturers. In contrast, we design and build our own VGF crystal growing furnaces, which we believe should allow us to increase our production capacity more quickly and cost effectively.

[RedStick]

"As we move into 2010, there continue to be areas of opportunity for our business. One of the most interesting is the projected growth of smart phones and other sophisticated Internet-connected devices, such as netbooks, that support more advanced features and access to new web-based applications and services. In addition to improving sales of these products, the benefit to AXT from the sales of more feature-rich, sophisticated devices is that they require a greater content of gallium arsenide in order to meet the speed and functionality requirements that consumers have come to expect. Even with the steep decline in spending associated with 2G legacy networks, carriers continue to invest in 3G, 3G+ and 4G in order to remain competitive and attract new subscribers. This network upgrade enables full performance capability of the video, gaming and Internet browsing capabilities of these next generation handsets and wireless devices and is driving increases in wireless subscribers in key geographic areas around the world as well as a compelling upgrade cycle for new devices. Since 2006, we have more than tripled our 6-inch gallium arsenide capacity in order to meet this increasing demand for our products and we plan to continue to expand as new qualifications and growing demand require greater production volume."

So for every end-product phone that includes our technology, we will be making more than what we made in prior years.

[RedStick]

Our business and operating results depend in significant part upon capital expenditures of semiconductor designers and manufacturers, which in turn depend upon the current and anticipated market demand for products incorporating semiconductors from these designers and manufacturers. Our business also depends in part on worldwide economic conditions. Following the severe recession in the United States and in other key international economies that began during the fourth quarter of 2008, we began to see improvement in the demand environment for our products worldwide in the second half of 2009 that contributed to our strengthening revenue results.

[RedStick]

Board, I'll be reading 10-K on and off tonight and will be posting snippets that I find valuable.

[RedStick]

Haha, I've graduated from a college drunk to a law school drunk pisa. You know that!

[pisavsopbp622]

AXTI ~ Nice board over here.

Took a tip from some college drunk on this one, let's hope it works out

[RedStick]

AXTI Product and Market Applications:

[RedStick]

AXTI slides from Jefferies' 4th Annual Global Technology Conference:

http://www.wsw.com/webcast/jeff42/axti/

You have to sign up. It takes 1 second.

[RedStick]

Earnings expected April 28. Estimate: .04. I think .04 will be beat.

[RedStick]

AXTI is trying to break out today. Link back for some DD. See its board for annotated chart.

[RedStick]

Agree about the overall markets, but the MACD appears to be putting in a bottom. The histogram is upticking now (which, as you probably know, rarely gives off whipsaws) and the signal line has completely flattened out. AXTI could potentially retest the lower trend line one more time before making a break out, but with the fundamentals vastly improving, I think this one has plenty more upside room.

[bowonwing]

No, but sure wish I had bought back into AXTI in July 2009 when 50d ma crossed over 200d ma. Current macd not looking to good, and overall markets overbought. JMHO GLTU

[RedStick]

AXTI Chart Annotated:

[RedStick]

The case for AXTI:

Balance Sheet on this thing is incredible. Here's a summary of some quick DD I did:

Cash/Cash Equivalents have increased in each of the past 4 quarters.

Inventory has decreased in each of the past 5 quarters, so the product is still selling even amidst tough economic times. In fact, this is one of the main things I look for for companies right now. If they can not only survive now, but either continue selling their product at a normal pace or even a quicker pace, then they will flourish as the economy recovers (if and when it does), assuming the market still finds its product valuable. The explanation point on good inventory reduction is that consumer confidence is strengthening.

Total Long-Term Debt is only 420k and Total Debt is only 496k. These debt figures have been paid down in each of the past 5 quarters (and remember that the company is still increasing its cash position). Notable is that last quarter the company reduced its Total Debt from 3.5M to the above-stated figure. With nearly 17M in cash on hand and virtually no dilution over the past 5 quarters, the company's capital structure is very strong.

*** These figures have all been taken as of the company's last reporting quarter (12/31/09). Recent filings and/or PRs should be looked to to ensure that these figures are still accurate.

Here is the link to the 10-K:

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7139751

Yes, they reported a loss due to a huge decrease in revenues when compared to 2008. Profit margins, however, have increased.

But the real story is in the quarterly results:

Revenues increased in every quarter last year, which causes the huge dip in year-over-year revenues to be a bit misleading. The cost of these revenues has just about leveled off, which accounts for the increasing margins.

Selling, general, and administrative expenses decreased in all four quarters, as did total operating expenses.

As revenues continue to grow and the company continues to trim down on expenses, I believe they will again be profitable in 2010. In fact, E*Trade's consensus estimate for FY'10 (which I know doesn't carry much weight, but is still worth a mention) is .22/share.

The company suffered a huge loss in the first quarter of 2009 (-.18), but was able to reduce that loss to (-.04) in the second quarter and then saw gains of .07 and .09 in the third and fourth quarters, respectively. The loss for the year is in large part due to this huge loss in the first quarter and the yearly results, without looking into the positive quarterly trends, would mistake investors into putting too much weight on that figure. In actuality, this loss is due to a higher-than-normal loss in the first quarter which has sense been not only diminished, but actually turned into a very nice gain in the fourth quarter.

So what caused the huge loss in the first quarter of 2009? Aside from general poor market conditions, the semiconductor industry as a whole suffered a huge down turn in 2008 before finally correcting after the first quarter of 2009. Thus, AXTI's Q1'09 loss (which, remember, causes the yearly results to come off as quite lopsided) is likely attributable in the most part to that fact (see chart below and notice the semiconductor and equipment industry $GSPSE) double bottomed in late '08/early '09 but has been on a tear ever since).

The fact that the company was able to trim down during a red year coupled with the fact that the market for their product has vastly improved make a great case for investing in AXTI now. The stellar balance sheet, the tremendous down payment in debt to virtually nothing, and the fact that the company has still been able to hoard vast amounts of cash are the icing on top of the icing on top of the icing on the cake.

IMO

[RedStick]

Still in this one? Balance sheet is outstanding!

[RedStick]

Balance Sheet on this thing is incredible. Here's a summary of some quick DD I did:

Cash/Cash Equivalents have increased in each of the past 4 quarters.

Inventory has decreased in each of the past 5 quarters, so the product is still selling even amidst tough economic times. In fact, this is one of the main things I look for for companies right now. If they can not only survive now, but either continue selling their product at a normal pace or even a quicker pace, then they will flourish as the economy recovers (if and when it does), assuming the market still finds its product valuable. The explanation point on good inventory reduction is that consumer confidence is strengthening.

Total Long-Term Debt is only 420k and Total Debt is only 496k. These debt figures have been paid down in each of the past 5 quarters (and remember that the company is still increasing its cash position). Notable is that last quarter the company reduced its Total Debt from 3.5M to the above-stated figure. With nearly 17M in cash on hand and virtually no dilution over the past 5 quarters, the company's capital structure is very strong.

*** These figures have all been taken as of the company's last reporting quarter (12/31/09). Recent filings and/or PRs should be looked to to ensure that these figures are still accurate.

Here is the link to the 10-K:

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7139751

[Vulcanized Crawler]

i luv this stock. just needs a kick in the cumdingie

[Vulcanized Crawler]

dang i need a new watch

[Vulcanized Crawler]

time time time is on my side, yes it is now

[Vulcanized Crawler]

how much time is the question

[Vulcanized Crawler]

just a matter of time

[Vulcanized Crawler]

this company will double ...just when....is the question. soon