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Mermelstein-A 20-f is for annual results. Tonights release was for Q1 2017.
KIK re:GRVY
I was just about to post the same. I'm in for a few shares as well.
Follow-up to post #186857. The issue of being unable to view the post only seems to be an issue for free accounts.
I submitted it.
Deleted message due to double post.
I am unable to view the following post. The post will flash onto my screen originally, but it then quickly redirects to an ad.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130632917
In discussing this with the original poster, we discovered that if the table formats were removed then the post shows up. Otherwise it redirects.
That worked
otc I'm seeing the same thing when I click on researchers post.
re:LGL Thankful for the shockingly positive response to the earnings report. Operating income was nil.
HDNG is showing a little life at $11.3. Hopefully the stock has finally broken through the $11 resistence.
INTT-insider selling continues. The executive chair sold another 89k on 3/13.
Yes. I did see that. I'm still hanging in with HDNG.
INTT - the executive chairman offloaded 100k on the recent run in stock price.
I've been buying INTT in the after hours. That guidance makes this one a good buy and hold. The way semi stocks have been running this one could definitely see a nice move.
hweb I jumped in on the short side on strl on the run into the 10s. I was going to short it at the open, but I decided to hold off, and I'm thankful that I did.
hweb I just sold AUXO
hweb-I'm watching for now. It appears POLA is very dependent on Verizon Wireless for substantially all of their revenue. That can be a blessing and a curse. Huge potential from such a large telecom customer, but also the risk of relying on a primary customer.
KIK it was in todays earnings release.
Net sales totaled $22.8 million, an increase of 233%, as compared to $6.8 million in 2015, with order backlog of $3.1 million at December 31, 2016. The increase in sales was a result of the company's expansion of sales of DC power systems into other regions within the U.S. telecommunications sector.
One other note I made on POLA was that the backlog has been in a steady decline at 6/30 - 8.6m, 9/30 - 6.9m, 12/31 - 3.1m.
hweb re:POLA I didn't buy any, but I did take a look at it. My quick calculation for the 4th q was .17 (adj. for dilution), but I may have missed something.
nelson - I haven't had time to dig into this enough, but my speculation is that Sham is the CEO of the holding company (PGNT), and that John C. Molloy CEO of SI Systems is responsible for the operating subsidiary. That would explain how Sham can manage a fund as well.
re:PGNT As of 9/16 PGNT held 1.41m shares of SEDN which represents 27.6% of the outstanding shares. The carrying value is 0. SED hasn't published a financial statement since 2014, so I'm guessing they haven't been an operating company for a while.
re:PGNT
Rubicon doesn't have that kind of revenue ($15m through the first nine months of 2016). The SEC filing does state $75m in revenues for Paragon, so I don't think that would be connected to a bankruptcy. It will be interesting to see if they can deliver on that forecast.
re:PGNT From 1997 to 2004 the company had a period where revenues ranged from $37m to $64m on an annual basis. In 2000, they had revenues of $64.3m and net income of $3.5m, so there is precedent for those types of numbers. Thanks for bringing this to the board. I grabbed a few shares as well.
Good find KIK. That is definitely intriguing guidance. It is possible that they landed a large contract.
hweb: my speculation would be that some orders in the 3rd q backlog were canceled.
hweb re:DAIO
It was a good q, but the eps was boosted by .02 from a gain on sale of assests and foreign currency. After adjusting for that, eps was .07 v .08 in the 3rd q. The book to bill continues to be strong, but orders were slightly lower then the 3rd q as well (7.4 v 7.9). The stock made a nice move up into the earnings report, so I'm guessing that is part of the explanation for a muted response.
HDNG is showing some signs of life by breaking back above $11.
Well they also forecast growth of 20-30% for fy 2017, so we'll see if that forecast proves to be true. Due to the pending patent expiration, they may see some new competition in that market.
78% of their revenue and 48% of their operating profits are derived form private label contract manufacturing. If this broad based, abrupt decline turns out to be longer then a temporary impact, I think it will prove to be significant.
re:NAII
What are peoples thoughts on the geographic breadth of the slow down in contract manufacturing? As of 3 months ago they felt confident that they could grow at 20 to 30% for fy 2017, yet 3 months later they are projecting 5-10%, and they are sighting weakness in Australia, Asia and Europe.
That breadth makes me wonder if NAII is losing contract business due to some deficiency in their production process. If so, isn't there a high risk that these companies will find a new contract manufacturer?
I personally would not be a buyer at the current level without certainty that the contracting revenue decline is proven to be temporary.
hweb- My calculations agree with yours.
The part that I'm concerned about is the comment that the 3rd qtr will see the majority of the decline with a lesser impact in the 4th qtr. They believe the decline is temporary in nature, but I'm not convinced whether they have proof of that assumption.
Interesting stuff. As of 2015, they had $65 billion in assets. It is hard to imagine that they could move the needle via microcaps when you're dealing with that large of a portfolio.
Good point on the liquidity trap if their models suddenly turn bearish.
Good catch Larry. Do you read it as a good or bad sign? I definitely hope they remain solvent.
re: NAII I believe that tomorrow is technically the deadline, but there is a five day grace period.
otc re:NAII-prior to 2016, they usually reported their 10qs around the 12th. In 2016, they started to report a little earlier (7th, 10th, 9th).
hweb good call on PRCP. I took profits at 8.
hweb re:HDNG That is precisely my perspective.
The stock has been at 12 multiple times during 2016 in the midst of a very difficult time for the machine tool industry, and that downturn appears to be reversing.
If this stock could reach 12 several times during 2016, I feel confident it can return to that level at some point during 2017.
HDNG- I started a position today. Orders were strong in the 4th q and the restructuring efforts should translate to better profit margins going forward.
We ended 2016 in a much better position than where we started. Market conditions are improving with the order trend in the second half of 2016 healthier than the first half. The restructuring program we worked on most of the year has also proven successful. It was accomplished on time and on budget and, importantly, is achieving our cost reduction goals.”
He concluded, “Based on our strong backlog and favorable outlook, we expect sales to moderately improve in 2017. Additionally, we are confident that the effects of our restructuring program will be demonstrated in our financial results.”