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heck of a yaawwwnnn - up nearly 9%
isn't Huawei a licensee now??
https://www.cnbc.com/2020/06/16/us-firms-can-work-with-huawei-on-5g-and-other-standards.html
long overdue, but still welcome jmo
suddenly they're confident enough to lay out a clear level playing field for future licensing
will be interesting to see if there is any analyst response or changes to revenue/earnings models
jmo - we go substantially higher from here, analyst recommendations or not, but 90+ targets can't hurt
btw the shrills would have been all over a downgrade
from the presentation - it looks like the integration of technicolor is finally ready for prime time -jmo
Huawei USA’s chief security officer, Andy Purdy, on Friday played down the company’s history of alleged intellectual property theft.
“There are instances of wrongdoing by us and other companies, and any instance of that is wrong,” Purdy told CNBC’s “Squawk Box.” “I’m saying when you conflate it to be this gigantic thing, that’s not true.”
The Chinese telecommunications giant has been repeatedly accused of IP theft by its rivals and the U.S. government, though Huawei has maintained that it respects intellectual property rights. Purdy, when responding to IP theft claims in May, told CNBC that he doesn’t “forgive acts that have happened in the past.”
https://www.cnbc.com/2019/12/27/huawei-usa-security-chief-denies-repeated-ip-theft-claims.html
not the point shrill
jmo - the company is deliberately taking a very low-profile pr stance since there are other near-final negotiations under way, they've decided talking softly is to their advantage
what are you expecting to happen, or are you just mocking poch?
it will be interesting to see if the next piece(s) of news remain buried in legal filings, etc.,
the recent pr about the hr person was odd to say the least
and while there was no release of the recent Ublox agreement, there was a pr back in 2017 regarding a license extension
had to chuckle looking at the header that comes up on the investor tab at idcc's website:
INVESTOR RELATIONS
InterDigital seeks to build shareholder value through strong financial performance and effective communication with its shareholders.
emphasis added...
all those confusing thoughts aside, we appear to be on a roll
thanks for that - nice to see our industry specific concerns at the forefront
continued pressure for Chinese holdouts to license can only help idcc
minor license to be sure, but another nickel or so in annual earnings along with decreasing legal expenses
a little more momentum in the right direction
q4 is looking highly productive so far
re google license - don't they own youtube?
a nice validation re technicolor patents?
Nice to see the sp heading back to where it belongs
nice week!
just to reiterate per WM on a couple occasions in 2018: from our existing core handset licensing base, a 10% increase in revenue equates to a 50% increase in earnings.
If that still holds, we are in for some very fun times if we can license more of the Chinese holdouts. (Jan 1 is not that far off...)
Not to mention we can now look forward to additional revs from licensing the Technicolor patents.
Might be worth considering this guidance beyond the $/device discussions-jmo
yes, confident and insightful into how to work with the Chinese
gotta like that!
Interdigital the new face of successful IPR negotiations with China
who's next, Huawei, Lenovo, ??
got shares??
a little more from reuters
WASHINGTON (Reuters) - An initial pact on U.S-China trade will include much of a scrapped May deal’s agreement regarding intellectual property and will target enforcement mechanisms, White House trade adviser Peter Navarro said on Thursday, adding that he hopes the Chinese negotiate in “good faith.”
“The good news about this phase one ... is it adopted virtually the entire chapter in the deal last May that they reneged on for IP,” Navarro told Fox Business Network in an interview. “Practically it means, if they steal our IP we’ll be able to take retaliatory action without them retaliating.”
https://www.reuters.com/article/us-usa-trade-china-navarro/white-house-aide-phase-one-u-s-china-trade-deal-targets-intellectual-property-idUSKBN1X31GD
what has recently been a huge barrier for Idcc may soon become a huge asset - jmo
rare buying opportunity ahead of market awareness?
and finally something to crow about during the forward-looking discussion and q&a
the upcoming q3 earnings call just got a lot more interesting
awesome news and not yet fully appreciated by the market imo
remember per WM a little over a year ago - a 10% increase in revenue translates to a 50% increase in earnings
nice to see the logjam finally breaking
contrary to a fearful post yesterday, it seems the phase 1 trade deal is moving forward, with significant steps on IP:
could it be?
WASHINGTON (Reuters) - President Donald Trump said on Friday the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases.
https://www.reuters.com/article/us-usa-trade-china-trump/trump-says-u-s-china-have-reached-substantial-phase-1-trade-deal-idUSKBN1WQ2KJ
good news for idcc, if true - jmo
pato - here's an article from Scientific American a couple of days ago
https://blogs.scientificamerican.com/observations/5g-is-coming-how-worried-should-we-be-about-the-health-risks/
get them while they're hot - fire sale prices about to end - jmo
sounds like good news - jmo
Stranger things have happened eom
Good post and nice summary of where we are.
Also a welcome realistic contrast to the naysayers that seem to post incessantly on this board.
IDCC's 5G cellular platforms and patents coupled with their new Technicolor video patents should be a winning combo in an enormous market.
all jmo
guess I've become sensitized to FUD posts here over the years
btw we're green as of now, still low volume
er, more like down 20 cents, eom
from TC on a-bob's - 3 analysts reaffirm their price targets, 87(Dougherty), 90(B Riley), and 104 Roth Capital
gosh, wasn't one of the most vocal posters here predicting cuts?
go figure
m3s - the biotchers and mooaaners can't allow for or comprehend a major transitional phase to a higher plateau, which is taking some time, but per Wm, 2019 should be the year to prove up on the new purchase of technicolor assets.
The company's recent accelerated commitment to scooping up shares is a strong signal to anybody paying attention.
jmo
seems the company will gladly purchase your shares if you're thinking of selling...
we are still the beneficiary for Chordant
their deals are our deals...
don't proclaim to be an expert, but after reading your posts on and off over the years it seems obvious that
you bitsh on the way up and relish the downturns
pretty obvious
have you ever thought of starting an investment newsletter?
you seem very knowledgeable
jmo
some hunches
1 - company has been aggressive in their recent increased buyback
2 - 2019 will see some real progress in integration of technicolor patents in licensing
3 - something may be coming soon, market seems to have shrugged off Huawei suit
all jmo
with an average buyback price of $76.5 this year, and presumably more going on, we should see higher prices soon - jmo
Merritt actually mentions 3 prospective new licensees that are in discussions, not sure he's ever climbed out on that limb before...
yes - worth a listen imo
https://edge.media-server.com/m6/p/ohd3xkzb
not sure if the link works but can find through the company website