Nxp Semiconductors N.V. (NXPI)

[shub]

Qualcom tender offer extended another month, still only have 12% of our shares (yea!) but haven't even upped their offer.
Meanwhile, our independent PPS should be rising steadily as we continue to make deals and alliances. put out new chips, and so on.

[shub]

Sure would be pleased if Qualcom would quietly go away when their tender offer expires.
Our PPS had been appreciating briskly till they made their offer 1/2 a year ago,
but they have not raised the ante.
We are much better off without them.

[pennystock_es]

Andrea Electronics who sells Audio Related Apps for iOS Devices is Suing Apple over Noise Cancellation Technologies

Andrea Electronics Corporation who sells 'PureAudio' Pro Recorder and Live Recorder apps for iOS devices is suing Apple Inc. on five counts of patent infringement relating to noise cancellation technology.

Andrea is a publicly-held company with its corporate headquarters located in Bohemia, New York. Andrea engages in substantial engineering, research, and development related to audio technology and has developed microphone hardware and software that provides solutions to current sound fidelity challenges.

Andrea has a decorated history as a leading industry developer of product solutions which optimize the performance of voice user interfaces. Its technology has been applied to products related to, among other things, voice over internet protocol ("VoIP") telephony, VoIP teleconferencing, video conferencing, speech recognition, computer gaming, in-car computing, and 3D audio recording.

According to Andrea Electronics formal complaint before the court, they claim that "infringing products made and sold by Apple, include but are not limited to, desktop computers, all-in-one computers, notebook/laptop computers, tablets, smart phones, headsets, headphones, earbuds, and wearables, are widely advertised.


For example, Exhibit 2 includes a chart comparing the asserted independent claims of the '607 Patent to Defendant's iPhone 6S product. Exhibit 2 shows that the iPhone 6S product and its use are covered by at least the asserted independent claims of the '607 Patent.

The iPhone 6S is a representative example of Defendant's infringement of the '607 Patent. Andrea believes that Defendant's devices in addition to the iPhone 6S product, including Defendant's desktop computers, all-in-one computers, notebook/laptop computers, tablets, other smart phones, headsets, headphones, and earbuds, and their uses, are covered by at least one of the Asserted Claims of the '607 Patent."

They further note that Apple has been aware of the '607 Patent and of Andrea's allegations of infringement since at least being sent a notice letter by Andrea's counsel on May 13, 2015. Despite Defendant's awareness of the '607 Patent and Andrea's allegations, it has knowingly and actively induced others to infringe the '607 Patent.

The other patents that Andrea Electronics claims is being infringed upon include granted patents 6,377,637 and 6,363,345 that cover noise cancellation as well. In addition, Andrea Electronics is slapping Apple with additional counts for willful Infringement and Notice of the Asserted Patents bringing the total of five counts against Apple.

The patent infringement case presented in today's report was filed yesterday in the New York Eastern District Court, Central Islip Office. At present, no Judge has been assigned to the case.
http://www.patentlyapple.com/patently-apple/2016/09/andrea-electronics-who-sells-audio-related-apps-for-ios-devices-is-suing-apple-over-noise-cancellation-technologies.html

[pennystock_es]

Who is NXP Semiconductors?

Came across this:

https://www.usitc.gov/secretary/fed_reg_notices/337/337_1026_notice03242017sgl.pdf


assume that they supply either Apple or Samsung with chips embedded with Andrea tech. $ANDR

Hopefully all shipments will be required to sit in a warehouse until this is settled.

[shub]

NXP keeps bringing forth new tech and doing significant new deals.
Meanwhile the offer price and the PPS squat and do diddle.
Something isn't right here.

[shub]

So now qualm com has again extended the undersized offer, to May 2 this time.
Lousy deal!
They didn't even raise their offer! We should be seeing a 40% premium or better in light of our growth rate.
If we take the pitiful offer we either get qualm com stock which isn't growing or even paying a good dividend...
Or we take less cash than NXPI is worth and will find it very difficult to find a better stock to invest in.
Please don't go for it!!

[shub]

Tender offer extended to 4/4/17...And this may drag on till the end of the year.
Only about 17% of the shares have been tendered and they need 80% to close.

I urge all shareholders to hold out so we can continue to enjoy the rapid growth in value we've experienced as NXPI share holders.
If the deal collapses, i expect to reap a huge jump in accumulated value not long thereafter!
Hold ON guys and gals!

Press Release: Qualcomm Extends Cash Tender Offer for All Outstanding Shares of NXP
7:30 am ET March 7, 2017 (Dow Jones) Print

Qualcomm Extends Cash Tender Offer for All Outstanding Shares of NXP

PR Newswire

SAN DIEGO, March 7, 2017

SAN DIEGO, March 7, 2017 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced that Qualcomm River Holdings B.V., an indirect wholly owned subsidiary of Qualcomm, has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors N.V. (NASDAQ: NXPI). The tender offer is being made pursuant to the Purchase Agreement, dated as of October 27, 2016, by and between Qualcomm River Holdings B.V. and NXP. The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on April 4, 2017, unless extended or earlier terminated, in either case pursuant to the terms of the Purchase Agreement.

American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, has advised Qualcomm River Holdings B.V. that as of 5:00 p.m., New York City time, on March 6, 2017, the last business day prior to the announcement of the extension of the offer, 58,021,126 NXP common shares (excluding 10,835 shares tendered pursuant to guaranteed delivery procedures that have not yet been delivered in settlement or satisfaction of such guarantee), representing approximately 17.2% of the outstanding NXP common shares, have been validly tendered pursuant to the tender offer and not properly withdrawn. Shareholders who have already tendered their common shares of NXP do not have to re-tender their shares or take any other action as a result of the extension of the expiration date of the tender offer.

Completion of the tender offer remains subject to certain conditions as described in the tender offer statement on Schedule TO filed by Qualcomm River Holdings B.V. with the U.S. Securities and Exchange Commission on November 18, 2016, as amended (the "Schedule TO"). Such conditions include the receipt of regulatory approvals in certain jurisdictions and at least 80% of NXP's outstanding shares being validly tendered and not withdrawn prior to the expiration of the tender offer (including any extensions). The tender offer will continue to be extended until all conditions are satisfied or waived, or until the tender offer is terminated, in either case pursuant to the terms of the purchase agreement by and between Qualcomm River Holdings B.V. and NXP and as described in the Schedule TO. The transaction is expected to close by the end of '17"

[shub]

Now there's a high risk arena! Good luck!
Researching them must be really difficult.

I still don't understand why we haven't run up to near the offering price?
We know it's probably worth more than that given it's past growth rate.

[Pr0drIv3]

Haha no, trying my hand on the sub-penny market lately. Having a small amount to invest I found it to pay more.

[shub]

Short life expectancy?

[Pr0drIv3]

Cannot agree more with you. But I wont have the patience to wait for it to fail or succed to sell my shares.

[shub]

I sincerely hope the deal fails!
The shareholders are getting taken advantage of!

[Pr0drIv3]

Great transaction, except if the deal between NXPI and Qualcomm fall short but I'd be surprised if that happened. Good move

[moe_the_gyp01]

I rescinded my vote and wrote 10 Jan 2019 110.00 Calls pulling in 3200 in premium. This deal will likely close in q4 as originally planned. Jan calls will simply go away and I keep an extra 3200.00.

[shub]

Bah!
We are hot!
They are not!
Why would we go for it?

Let Qualcom double the offering price, and i'll think about it.

[Pr0drIv3]

Next tender offer just expired with a mere 17.2% of shareholder who have tender their shares.
Is it common for a tender offer to have such a low response after only a couple months or shareholders are just not seeing this merger as a good opportunity for NXP?
Thinking about getting rid of my shares as it seems this will take forever to close the deal.

[moe_the_gyp01]

Probably wrong but I'm thinking there won't be the required vote. Maybe another 30 day extension but I guess that would depend on the progress since the first TO expired.

[shub]

Thanks PR:
I wish it a painless expiration.
This company has a heck of a lot of growth all coiled up inside,
and i think a mere 7% gain ain't nothing if we are patient.
That's much too cheap a selling price and i sold my interest in Qualcom long ago when it just squatted there and didn't budge.

[Pr0drIv3]

New tender offer is expiring on march 7, if it closed there it's an easy 7% in your pocket.

[shub]

It should have and didn't, interestingly.
The offer expiration date from Qualcom should be around now and the PPS has remained parked.
Meanwhile NXPI keeps racking up encouraging PR issues and the PPS just keeps squatting.
Time to shake off the offer doldrums and resume our upward trajectory...please.

[shub]

Lets just hope that Qualcom quietly wanders off and we can resume our upward trajectory.
Their offer was borderline insulting given the strength of our position and growth.
Once we are stuck with Qualcom stock ( minus the big bite the middlemen take), thats the end of rapid growth and innovation.
I held Qualcom for a while and it just squatted there, swaying with the market.,

[shub]

Just read a Yhoo post by Logicarus that Qual only had 14% tendered and were extending the offer into March7.
I'd rather the deal fell through as a LTBH.

[moe_the_gyp01]

I voted to accept the offer to tender my 1500 shs. The symbol in my account is N65990017.

[Pr0drIv3]

First tender offer by Qualcomm ends on february 6 guys, if this one pass already Qualcomm will be buying your share for 110 as soon as next week.
If not Qualcomm will extend it's offer, which is more likely.

[shub]

I don't get it, help please;
If the offering price is 110 and the current SP is 97....
Then why aren't investors buying up the stock for a safe profit?

[ValueInvestor15]

NXP Semiconductors $NXPI valuation models imply 9% upside before earnings Wednesday...

Fair Value Analysis

[aasma]

According to Cramer, if a deal with Qualcom was never made NXPI would be at lest 110 right now. He said Qualcom is underpaying. In the very unlikely event the deal did not happen it would run to 110 anyway.

[shub]

Given that Qualcom seems to be having some anti-competitive problems, i read, the merger is in a bit of doubt.
I just put in a limit order for more, figuring i get 110 if it goes through and will be a happy camper if it doesn't.

[aasma]

Given where NVDA is, if the merger never happened NXPI might be more than 110 a share right now.

[shub]

Aasma Please tell me why the SP and the tender offer aren't equal yet?
Is there really a 10% risk the deal will collapse and the SP falls?
Is there a chance another bidder will enter the game?

[aasma]

NXPI should start migrating up to the buyout price pretty soon. Just like MON has been doing and there is no regulatory danger here.

[BorisB]

Let me say that I had got to the point that I don't know what is going on with this stock's price, so...
I just exited my position, I was holding calls @ a 1.08 basis and I sold today for 1.70.
It just makes me a bit nervous when the price keeps stringing along like it has , jmo but I would have expected some kind of upward movement here.. It didn't so I'll take what I got..

I agee that NXPI has very good prospects for the future without the deal going through..
If the opportunity to buy back in surfaces I would be a buyer.
I just was feeling a little exposed if something went south and saw an opportunity to exit with a fair profit..

This guy knows his stuff.. this is his twitter but he has a private site as well..
https://twitter.com/OphirGottlieb

I am a subscriber of his private site , no other connection.

[shub]

Me too Boris
"I received a corporate action notification (Tender Offer) a few days ago ".
While i read there is an agreement to purchase NXP, there are qualifications ( pun).

How sure is it, that the deal will go through?
And when do they pay?

What is the possibility that the folks who don't accept the tender offer will be able to get a higher price?

As an independent company, NXP's future appreciation looks to be much greater than Qualcoms. I'd rather that the deal collapses and i keep my shares.

How great is the risk of not accepting the tender offer?

[moe_the_gyp01]

I received a corporate action notification (Tender Offer) a few days ago and voted for the offer for the 1000 shares I purchase a few weeks ago.

Saw this when I downloaded my brokerage activity into quicken...

11/29/16 Adjustment 1000 ***NXP SEMICONDUCTORS NV CONTRA CUS... ---
11/29/16 Adjustment 1000 ***NXP SEMICONDUCTORS N V ---

[BorisB]

Is Qualcomm Trying to Close the NXP Semiconductors Deal Early?
Qualcomm expects to seal the deal in about a year, but has already launched a tender offer for NXP shares. What's going on?

http://www.fool.com/investing/2016/11/21/is-qualcomm-trying-to-close-the-nxp-semiconductors.aspx?source=yahoo-2-news&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2-news

.

[BorisB]

Technical picture via chartmill as seen on StockTwits

http://stockcharts.chartmill.com/u/rJFpYygMx


http://stocktwits.com/ChartMill


http://stocktwits.com/OphirGottlieb

[BorisB]

NXP Semiconductor (NXPI) actually helped invent NFC technology. The company holds several key patents and has effectively blocked other chip makers from entering the NFC field (Source: Strategic Investor).

source.
https://twitter.com/CMLviz

[BorisB]

Qualcomm (via NXP Semiconductor)

I've long admired mobile chip power Qualcomm (NASDAQ: QCOM) on its own merit, and its recent decision to acquire IoT semiconductor leader NXP Semiconductor (NASDAQ: NXPI) is one of the smartest tech buyouts in recent memory.

NXP Semiconductor's leadership across several growing sub-segments of the semiconductor market should prove a long-term financial tailwind for Qualcomm investors. Though NXP's revenue base is roughly a quarter the size of Qualcomm, NXP's impressive 25% profit margin should help diversify Qualcomm's own shrinking, but still sizable, margin profile.

Furthermore, NXP's deep specialization in secure connections also leaves the door open for future product development in areas few can predict in the decades to come. As the market for secure connected chips continues to grow and spawn new product verticals, NXP and Qualcomm figure to benefit mightily from the continued rise of the Internet of Things. Better yet, Qualcomm's 17 times price-to-earnings ratio is surprisingly cheaper than the broad market indices, and its 3.1% dividend yield offers another compelling driver of potential returns.

https://whotrades.com/feed?pinned=3480460&showMore=1&utm_source=maxsocial&utm_content=feed

[FutureBankruptcy]

The second-biggest tech deal in history just happened -- and it's largely thanks to the booming smart car market

Smart cars drive 2nd biggest tech deal in history

http://money.cnn.com/2016/10/27/investing/qualcomm-nxp-biggest-tech-deals-smart-cars/index.html?iid=SF_LN

[Trueheart]

You write well.

I'm back into this baby at $83.83 and am looking forward to magnificent gains.

Also praying to the gods that Cramer has an axon blockage on the stock.

Trueheart

[Santa Barbara Broker]

Downtrend partially explained...seems Freescale merger shareholders are liquidating their buyout position in NXPI stock.

Considering they held a reported 18% of the float, that the stock has only retraced $6.00 (6.7%) to date off it's recent highs is pretty amazing. I am attempting to find out details on exactly why they dumped their entire position and where that money is going...due to NXPI's announcement of their recent note issue and the fact they are still engaged in a stock buyback. It could end up being a major positive under the circumstances.

SBB

[Santa Barbara Broker]

It didn't help matters any that the guy on the NXPI CC sounded like he just blew out of an Andy Devine movie.

Sometimes I wonder if these guys realize how important reporting results and future guidance really is. They claim to spend so much of their time, resources and thought on improving shareholder value then hold CCs with all the pre-emptive concentration of a fifth grade Christmas skit.

SBB

[MisterEC]

Down 3% on the news, Booyah!

[Santa Barbara Broker]

NXPI beats their own call by .04 share, revenues up 57%

Hard to find anything bad at all in the entire 2nd quarter report except that management is somber and realistic on AI tech projections having to do with autonomous commercial vehicle production near term, so naturally stock tanks. Sometimes I wonder if Cramer being behind a company does embolden short hedge fund managers to come after it despite the fact the company is strong. Maybe he should expand his program to have a segment where people call in, give him a big 'f*** you' instead of a booyah and ask him to stop touting their company for a couple years so the stock price can recover....

SBB

[Santa Barbara Broker]

Crushed $1.11 consensus with $1.39 and Y/0 growth in revenue.

AAPL went up $6 and change on lesser news, if NXPI shows typical azz backwards semiconductor sector reaction it will drop $6 tomorrow. Conference call @ 0800 Eastern Thursday, July 28, 2016 if anyone's interested:

http://edge.media-server.com/m/p/f47ac2ua/lan/en

Looks like a clear shot to $130 from here if there is any logic left in the world....

SBB

[Trueheart]

I agree with you that NXPI has a great long term future.

The home gamers, his audience, are Cramer's glaring problem. As I said, he should wear a fright wig, perhaps big clown shoes.

Best of luck.

Trueheart

[Santa Barbara Broker]

Most recently NXPI has been heavily touted at $78 to $80

on his show. Now that it is at $88 (as high as $89.97 if you count AH frenzy on the anticipated earnings/revenue beat tomorrow), looks like he called a 13% profit over a three week period. So where is his credit for that? NXPI is a LT hold...10 years from now is when the truly smart money will be able to brag. You don't get a chance to pick up a MSFT or an AAPL or an INTC in it's infancy but once or maybe twice in a lifetime and NXPI, even if it misses tomorrow and crashes back into the 70s, is one of those exceptionally rare occasions. I have no idea what Elon Musk is thinking, but you know he's going with either NVDA or NXPI for his new chipset platform. He might even be considering a buyout of one of the companies (NXPI is by far the cheapest) although I would see that of more of a distraction than a good M&A move for Tesla. Still when the Tesla announcement is made, figure the winning company is up 25% on the news. $114 will be a distant memory soon after that....

SBB

[Trueheart]

The real problem with his show is that fact that he is dealing with "home gamers," as he calls his amateur audience.

They were likely not to hold when this stock fell from $114 to $70 because they couldn't take the pain. So they sell and lose.

Another thing,depending on the day and perhaps the swing of the market he'll say, "I'm just trying to make you money" to "I'm just trying to save you money."

He should wear a fright wig.

Trueheart

[MisterEC]

NBC’s “Mad Money” features flashing lights, beeping horns and Jim Cramer

The host of CNBC’s "Mad Money" has lagged the market dramatically over the past 15 years.

[MisterEC]

Cramer is an entertainer, like most on the show are just puppets. He recommended it at $103 and then some odd-lot investor tells me I was wrong when the price recovers to $84?

Your comment about Cramer is interesting.

He did recommend it some time ago, when it was about $103

Bawahahahaha.

The virtual reality is coming for sure, and just who will be the major players is not clear to me.