Actions Semiconductor Co. (ACTS)

[*MARINE 1*]

Actions Semiconductor Updates Fourth Quarter 2008 Guidance





ZHUHAI, China, Dec. 30 /PRNewswire-Asia/ -- Actions Semiconductor Co., Ltd. (NASDAQ:ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today provided an update to its fourth quarter financial guidance.

The Company now expects revenue for the fourth quarter ending December 31, 2008 to be approximately $15-$16 million. The company's previous guidance was for fourth quarter revenue in the range of $18 million to $22 million. Fourth quarter fully diluted earnings per ADS are now expected to be approximately breakeven. The revision in guidance is primarily due to lower sales in the current challenging macroeconomic environment and less-favorable exchange rates against US dollars.

"As a result of the global economic downturn and its impact on the consumer electronics market, we have experienced decreased demand across our end-markets and are therefore revising our fourth quarter guidance. Actions is actively controlling operating costs while maintaining its continued new product development efforts. The current macroeconomic environment reinforces the need to maintain a very strong balance sheet and manage our high level of cash prudently to have maximum operating flexibility over the long-term," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor.

Actions Semiconductor will release financial results for fourth quarter and full year 2008 and host a conference call for analysts and investors after the market closes on January 21, 2009. Details for the conference call will be announced prior to the date.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com/ .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our most recently filed Forms F- 1, 20-F and 6-Ks. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.

For more information, please contact:

Investor Contacts: Lisa Laukkanen The Blueshirt Group Email: Tel: [phone]

Jimmy Liu Investor Relations at Actions Semiconductor Email: Tel: [phone] x1211

DATASOURCE: Actions Semiconductor Co., Ltd.

[*MARINE 1*]

Last Price (USD) $1.69

[*MARINE 1*]

Actions Semiconductor Updates Fourth Quarter 2008 Guidance
Date : 12/30/2008 @ 4:30PM
Source : PR Newswire
Stock : Actions Semiconductor CO., Ltd. ADS (MM) (ACTS)
Quote : 1.61 0.0 (0.00%) @ 8:58PM


Actions Semiconductor Updates Fourth Quarter 2008 Guidance

ZHUHAI, China, Dec. 30 /PRNewswire-Asia/ -- Actions Semiconductor Co., Ltd. (NASDAQ:ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today provided an update to its fourth quarter financial guidance.

The Company now expects revenue for the fourth quarter ending December 31, 2008 to be approximately $15-$16 million. The company's previous guidance was for fourth quarter revenue in the range of $18 million to $22 million. Fourth quarter fully diluted earnings per ADS are now expected to be approximately breakeven. The revision in guidance is primarily due to lower sales in the current challenging macroeconomic environment and less-favorable exchange rates against US dollars.

"As a result of the global economic downturn and its impact on the consumer electronics market, we have experienced decreased demand across our end-markets and are therefore revising our fourth quarter guidance. Actions is actively controlling operating costs while maintaining its continued new product development efforts. The current macroeconomic environment reinforces the need to maintain a very strong balance sheet and manage our high level of cash prudently to have maximum operating flexibility over the long-term," stated Mr. Nan-Horng Yeh, CEO of Actions Semiconductor.

Actions Semiconductor will release financial results for fourth quarter and full year 2008 and host a conference call for analysts and investors after the market closes on January 21, 2009. Details for the conference call will be announced prior to the date.

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com/ .

[*MARINE 1*]

Pulled back to $1.56 under distribution

[*MARINE 1*]

Actions Semiconductor to Present at the 11th Annual Needham Growth Stock Conference
Date : 12/22/2008 @ 4:06PM
Source : PR Newswire
Stock : Actions Semiconductor CO., Ltd. ADS (MM) (ACTS)
Quote : 1.62 0.05 (3.18%) @ 5:00PM


ZHUHAI, China, Dec. 22 /PRNewswire-Asia/ -- Actions Semiconductor Co., Ltd. (NASDAQ:ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today announced that members of its executive management team will present to investors at the 11th Annual Needham Growth Stock Conference at 1:30 p.m. Eastern Time (ET) on January 6, 2009.

The conference will be held at The New York Palace Hotel in New York, NY. A live webcast of Actions Semiconductor's presentation will be available on the "Investor Relations" section of the company's website at http://www.actions-semi.com/ .

About Actions Semiconductor

Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com/ .

For more information, please contact:

Investor Contacts: Lisa Laukkanen The Blueshirt Group Email: Tel: [phone]

Jimmy Liu Investor Relations at Actions Semiconductor Email: Tel: [phone] x1211

DATASOURCE: Actions Semiconductor Co., Ltd.


CONTACT: Lisa Laukkanen, The Blueshirt Group at

or [phone]; Or Jimmy Liu, Investor Relations at Actions Semiconductor

at or [phone] x1211


Web site: http://www.actions-semi.com/

[*MARINE 1*]

starting a pull back

[*MARINE 1*]

playing around $1.65 this morning :) :)

[*MARINE 1*]

ahh humbug stuck in the red today. high of $1.65

[*MARINE 1*]

$1.63 finish I'll take it

[*MARINE 1*]

new High $1.61 :)

[*MARINE 1*]

push coming imo

we'll see hopefully by EOW.

[*MARINE 1*]

not impressive but it's green :)

[*MARINE 1*]

ACTS on the move finally?

[*MARINE 1*]

Heartland group inc. bought 1,000,000 shares on the 26th?

Wonder why volume only said 229k, interesting

[*MARINE 1*]

$1.40 EOD........lets keep it green?

[*MARINE 1*]

From OCT 30: Actions Semiconductor Reports Third Quarter 2008 Results

http://ih.advfn.com/p.php?pid=nmona&cb=1226700133&article=29043214&symbol=N%5EACTS

[*MARINE 1*]

Oh yeah, come to papa!!! back to green at $1.69

[*MARINE 1*]

She's ready!

[*MARINE 1*]

[*MARINE 1*]

finished up .10!!!!

[*MARINE 1*]

Actions Semiconductor to Report Third Quarter 2008 Financial Results on October 30, 2008

[*MARINE 1*]

Not much movement yet.

Actions will incorporate Ritu's best-in-class Linux-based mapping software and navigation system onto its Series 13 controller integrated circuits (ICs). This software agreement will allow Actions solutions to support GPS applications for a variety of end market products. Actions expects initial shipments to begin in September 2008 and volume shipments to ramp up in the second quarter of 2009.


<font color=#b22222>THE MARINES CORNER....."NEVER FORGET"
http://investorshub.advfn.com/boards/board.aspx?board_id=11465

[*MARINE 1*]

FYI:
2008 Financial Results on October 30, 2008

[*MARINE 1*]

[e-mail]

[*MARINE 1*]

don't know how it'll turn out

[*MARINE 1*]

solutions for portable consumer electronics, today announced that it will release financial results for the third quarter of fiscal year 2008 ended September 30, 2008, following the close of the market on Thursday, October 30, 2008. The company will host a corresponding conference call and live webcast at 5:30 p.m. Eastern Time (ET).

[Prince_among_thieves]

might be time to look at this again

[Prince_among_thieves]

Actions Semiconductor Reports Fourth Quarter and Full Year 2007 Results
Monday January 28, 4:15 pm ET


ZHUHAI, China, Jan. 28 /Xinhua-PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS - News), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today reported financial results for the fourth quarter and year ended December 31, 2007.
ADVERTISEMENT


All financial results are reported on a U.S. GAAP basis.

Revenue for the fourth quarter of 2007 was $32.3 million, a 20% increase over revenue of $27.0 million for the third quarter of 2007, and a 35% decrease from revenue of $49.5 million for the fourth quarter of 2006. Revenue for the year ended December 31, 2007 was $116.6 million, a 32% decrease from revenue of $170.2 million for the year ended December 31, 2006.

Net income for the fourth quarter of 2007 was $19.4 million, or $0.23 per ADS, compared to $10.3 million, or $0.12 per ADS for the third quarter of 2007, and compared to $21.3 million, or $0.25 per ADS for the fourth quarter of 2006. Included in net income for the fourth quarter of 2007 was a $5.9 million tax refund, or $0.07 per ADS, resulting from a tax refund relating to a program Zhuhai Municipal Tax Bureau formed to encourage local business development of Foreign Invested Enterprises. Net income for the full year of 2007 was $52.2 million, compared to $74.6 million reported for the full year 2006. Net income per ADS was $0.61 for 2007, compared to the $0.87 per ADS reported for the full year 2006.

Actions Semiconductor reported operating margin of 32.9% and gross margin of 52.9% for the fourth quarter of 2007. For the full year of 2007, operating margin was 30.3%, and gross margin was 51.2%. The Company ended the year with $241.8 million in cash and cash equivalents together with time deposits, restricted cash and short-term marketable securities.

"We were pleased to finish 2007 with solid results for the fourth quarter," commented Nan-Horng Yeh, Chief Executive Officer of Actions Semiconductor. "Excluding the tax refund, both revenue and net income were in line with our expectations for the fourth quarter. Additionally, both operating and gross margins improved sequentially as a result of our cost migration and expense management programs. "

"During 2007 we laid the foundation for the next phase of the company's development. We focused on improving our business fundamentals by maintaining our solid financial position, strengthening our engineering team, expanding our product offering, and targeting new markets internationally. With a complete product mix and an enhanced team in place, we believe we are better positioned to continue our long-term growth strategy," concluded Mr. Yeh.

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The company undertakes no obligation to update these statements.

For the quarter ended March 31, 2008, Actions Semiconductor estimates revenue in the range of $20 to $23 million, and, fully diluted earnings per ADS of $0.06 to $0.08.

[Prince_among_thieves]

Took some off the table. $$$$
Maybe will re-add once opportunity presents itself. I am the mod over there.

[Prince_among_thieves]

6.30+ taking a few off the table!

[Prince_among_thieves]

Thanks Man, See you @ the Winners Circle!

[silverbacks]

Yeah, lonely, but you be cranking the profits.
Congrads!!

[Prince_among_thieves]

Oh well its lonely at the top!

[Prince_among_thieves]

Lol im the only banking on this stock up to 7 now!

[Prince_among_thieves]

Nearing 5
should heat up into q3 earnings technicals and growth story look great.

[Prince_among_thieves]

Looks very quiet, but excited for future growth.

[Prince_among_thieves]

Adding for next 3 qs
earnings

[Prince_among_thieves]

Downtrend is over Reversal is confirmed stock should head over 5 the next few sessions. Then look for higher highs going into q3.

[Prince_among_thieves]

Buying the Lows
recent market volatility has provided some bargains, I have started building a position here and have my sights on 12+ A test of previous highs. Good visibility for 4qs out.

[Prince_among_thieves]

Company is growing fast and very upbeat forecast for the the coming quarters and technicals look like a great entry here off bottom.
Taking a feeler building position long.