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Been here and seen this so many times--analyst do what they do
In the market's wild, speculative game,
Short sellers of IDCC faced shame.
Their bets turned awry,
As the stock soared high,
A costly lesson in fortune's fickle fame.
valuation, if IDCC can earn 5-6ps over next 3-4 yrs with a 40% growth rate by adding new licensing extentions in AI and IoT---20x is conservative so 100/S is pretty forseeable --and they reduce share count by 10% that ads to acretion of earnings---
Seems like good news?
Congrats all, great 2 days, I was in San Diego in 2000 at the QCOM meeting , it was very giddy, and happy times, after the shareholder meeting we went to a pub near and had rounds--one guy , said "my x took my house and a pile of money , but now Qcom and (one other I don't remember , it was like a business incubator) and gave it back" LOL
just printed 80, so my take , I know this company a long time, like many here , looking at 1.7 b in back log per the 10Q, its time they ramp up a bigger dividend--
I bought apple 2006 , yr before Jobs , iphoned the world---not many held apple through the 90's---and most of 2000's, very difficult--we are not an apple, but we are a 4x or more from here , growth will prove it
they mentioned 600ml in reoccuring rev, is that fy2023 or 24, hoping for the 800mil range---so we are selling PE wise x out the catch ups--at a pretty low 20's?----for this growth we should get a 30x or more --if our Ai, iOt gets traction , the herd should run on it and so 100x PE
probably in the deferred revenue , or backlog since we are collecting royalties---no products
Board goes quiet on a 3.58 profit qtr
note the balance sheet 378mil in revenue current and long term differed revenue ,
IoT is about to hit full stride with ChatGPT emerging, the next "big thing" is to marry Iot to machines---the dream of engineers for years ----EV's, Driverless cars, AV---part of a new smart cities, IDCC will have a part in it
I don't think L=ovo has ever had a license, just free range Infringers, until now--
accelerated earnings, we are growing at 40% CAR-----we are not getting the premium we deserve
Now we have tossed some Chum in the water, expect a big fish
All wins appear priced in, we need a judgment , $$$
appears they want a big block of stock off the table at one time, and to let some know what they think its worth , I expect we will know the reason someday
ML at all others: soothsayers , carpetbaggers
they lure the masses in at the top
they spit the out at the bottom
or
they trash a stock at a top : short
profit on the sale
IDCC is undervalued, the street does not get the model,
4x from here, not to far, they have a good line of revenues and solid growth , I suppose the engineers would fit in as an asset as well ?
I think our UK court case will speed up , settlements, and clear up the rates
Good idea
or
Failed to hit SEND
the Apple deal? Or another one?
Seen all this before, sell off on news, report, make new highs by end of year
so I read this as another license signed, today, the apple was signed 9/30----
Who is the new tech company?
that is the missing link here
Not sure can call Apple and find out , "thank you for calling Apple our system can handle complete sentences"
Wins, up revenues, and new licenses
Been through this many times,
short term the market is irrational
we had a hit job by BA-Securities, this week and that's all it was, they shorted the stock and look what happened , reversal
"The revised guidance includes approximately $98 million to $100 million of recurring revenue." this helps
Very good report and stable earnings, we should be higher
take 3 cbd gumies and the claim constructions all makes sense
I applaud them for doing as well as they've done, Obviously the CEO speaks to the ship to China , where the growth is and will come from, the landscape they've been in is littered with corpses and massive shareholder disasters , for a pure IP company they are doing well , I watched the presentation today , IoT is not calcuated and in 4-5 years the number of connected devices will be 10x larger than it has been.
yes, a hack job by some bankers, do you think we could see an $8/eps? that would I think value us in the 160 range or higher , if it can accelerate
totally agree, I got into IDCC after the "we are looking for a buyer" "price of patents are too high for us to ignore" phase, as it pulled way back I started buying it, nibbled into it, they way I do most of my holdings, this being the largest...
Black Berry another one, when it got "too cheap to ignore " $3.00 I bought, Fear on the street is a buyers gift.
Now we wait, and per WB of Omaha , HOLD FOREVER
we will get to 500mln in rr, and then the eps is will be steady , I expect shareholder value being applied to us in appreciation of stock and company acceleration of dividends
China's Xiaomi overtook Samsung and Apple in June smartphones sales https://www.cnbc.com/2021/08/06/china-xiaomi-overtook-samsung-apple-in-june-smartphones-sales-counterpoint.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
my kinda company, the kind that makes more loyal holders
the math works for the share price to be higher , based on lower share count, accelerated earnings, and we get paid to wait, I would think some accelerated dividend is in the works since its been "SOOO LONG", and maybe a one time special dividend.
I remind myself , small cap company, good earnings, great capital allocation based on past, long runway of revenues.
IoT could kick in soon, smart cities and the like