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KKD dancing north
MCZ knocking on the 1.18 breakout wall. Halo3 sales are mind bogglingly. MCZ Halo3 accessories are a hot. The MCZ Xmas surge heating up.
MCZ knocking on the 1.18 breakout wall. Halo3 sales are mind bogglingly. MCZ Halo3 accessories are a hot. The MCZ Xmas surge heating up.
CRNT continues the ride north
CRNT day high
MCZ looking strong out of the gate. Their Halo3 accessories are flying off retail shelves.
MCZ upside is enormous from here. On valuation alone its worth more then $2. Get in on Monday.
CLNE cooking
Mad Catz Interactive (MCZ) and GameStop Corp (GME)
Written by Kay Elizabeth
Friday, 24 August 2007
GameStop's brilliant earnings announced on 23 Aug for Q2 2007 should give everyone in their sector reason to be of good cheer. Even the GME competition may be tempted to give a grudging nod of approval in their direction.
Why? Simple really. The company is regarded by some analysts as the benchmark for the video games sector and one of the best indicators of what lies ahead in terms of business. When GameStop Corp (GME) predicts the outlook as promising and positive, it's welcome news for everyone else.
Putting it plainly, if you want to judge future business within the sector using GameStop as your yardstick, it looks very good indeed.
"They clearly own the specialty retailer video game space," said Mike Hickey, an analyst with Janco Partners. "They offer the one-stop source to get educated and to try out all the different hardware, software and peripherals."
According to Marketwatch 23 Aug :
GameStop is benefiting from the current video game console upgrade cycle. The last 9 months has seen the debut of the PlayStation 3 from Sony Corp. and the Nintendo Wii. The upgrade cycle also includes the Xbox 360 from Microsoft.
In a conference call, GameStop executives noted that the Wii continues to sell out quickly, while sales of the PS3 and 360 have jumped since Sony and Microsoft announced price reductions during the quarter.
The company is also not worried about the shift of Take-Two Interactive's "Grand Theft Auto IV" from this year's holiday window. [to April]
"We really believe that the games that are coming out in the third and fourth quarter will make up the majority of any missed Grand Theft sales," GameStop CEO Dick Fontaine said on the call, pointing to upcoming action titles such as "Call of Duty," "Mass Effect" and "Assassin's Creed."
Source page
GameStop is the world's largest video game retailer, with only a few hundred shy of 5000 stores between the US and Europe. It seems logical that any company with a product within GameStop's stores stands a good chance of grabbing a slice of the sales pie.
Mad Catz is in the fortunate position of having multiple products there. Since there are more new highly anticipated games coming out and a rise in the number of gaming systems sold as described above, it's fair to expect an increased demand for controllers and other accessories.
The more units there are out there, the more improved the chance of add-on purchases. It's worth keeping in mind two things: the rise in gaming system sales attributed mainly to price reductions is likely an unexpected bonus for GameStop and that it doesn't even take into account the holiday purchases that'll be further down the line.
The peripherals supplied with any gaming system are simply not built to have an indefinite lifespan. The majority of gamers need to replace them at some point or do so because they want a change, a new look, or simply to show off which team they support or game they're a fan of. No matter which gaming system you buy - any version of an Xbox, Playstation or Wii - the likelihood is you're going to need replacement accessories in the future.
Mad Catz Interactive has the products to fulfill those needs and is right there in front of potential buyers every time they walk in a GameStop store, (not forgetting that there are over 4800 stores worldwide) ready to give them what they came in for. We all like to keep life as simple as possible and you can't get a much easier way to shop than that.
With parents no doubt already starting to plan ahead for the festive season and counting the pennies, MCZ should be ho-ho-ho-ing at the thought of the GameStop registers ringing throughout the runup to Christmas and what is traditionally their best quarter still ahead.
Many don't realize that Mad Catz is one of the largest third party game peripheral makers in the world, if not the largest.
Hot on the heels of MCZ's record gross profit margin of 32% for Q1 2008 announcement, GameStop's glad tidings- including their increased guidance for both Q3 and 2008- will almost certainly be bringing Mad Catz Interactive and their savvy investors comfort and joy.
Also, MCZ has the Halo3 Microsoft contract for skins and faceplates. MCZ also has Mass Effect, Assassins Creed and soon GTA. MCZ is trading at a pe of 13.
The MCZ express is about to leave the station. Cheap stock. Halo 3 mania next week.
Monday, March 19, 2007
Editorial: Why a Responsible Fed Won't Lower Rates Anytime Soon.
Notwithstanding the perceived subprime "crisis", a responsible Fed can't lower rates anytime soon. Why?
Because the consumer is finally being told, in no uncertain terms, to smarten up, stop spending more money than you have, and save a little bit. With this message, (and a puncturing of the home-ATM cash-machine) inflation will finally begin to get tamed.
Any loosening of the money supply at this point, while mitigating the short-term damage that will soon become evident in bloated housing markets, will only move that day of reckoning into the future. A future time which which would then have bleaker, more uncertain and more unstable fundamentals, from which to try making essentially the same maneuver.
No, dear readers, this is the medicine that great-great-grandmother used to force down great-grandmother's throat: a nasty-smelling, foul-tasting, herbal concoction that nearly gagged the dear girl. But medicine that helped the patient recover sooner, and more robustly.
To lower interest rates at this time is the equivalent of turning up the heat in the house, so that the feverish patient may feel comfortable. Foolish. Understandable to some, with the child whining so loudly but, all the same, foolish.
And a responsible Fed just won't do that.
BIDU chart
LIFC 52 week high within reach. Near a day high.
Actually like the SIRI chart better. A move to the 3.50 area is likely. It may need a pullback to 3.20 first.
XMSR flirting with the big $14 wall. See chart
Jim, got your e-mail. Keep me posted and get better.
MCZ ready to move.
SAN DIEGO--(BUSINESS WIRE)--
Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, announced today that, consistent with its strategy to further diversify Mad Catz' products and geographic distribution capabilities, it has acquired assets and assumed certain liabilities of Joytech from Take-Two Interactive Software, Inc. (NASDAQ: TTWO) for approximately $3.7 million.
Joytech manufactures third-party video game peripherals and audiovisual accessories with retail distribution in Europe and North America. The addition of Joytech personnel will allow Mad Catz to initiate a European product development effort and bolster Mad Catz' sales team. The European market has been a key growth driver for Mad Catz and this acquisition reinforces that strategic initiative.
Mad Catz anticipates that the acquisition will add at least $10 million in annual revenue, leverage Mad Catz' existing infrastructure, add several new customers and products and expects the acquisition to be accretive within the first year of completion. The Company intends to finance the acquisition through a combination of cash on hand and borrowings under its existing credit facility.
Commenting on the transaction, Darren Richardson, President and Chief Executive Officer of Mad Catz, said, "This transaction is consistent with our strategy to continue to grow profitably, in part by diversifying our product line-up and geographic reach. Joytech's strong presence in Europe and growing presence in North America are expected to complement our current operations and further enhance our worldwide distribution network enabling Mad Catz to more efficiently deliver a larger portfolio of innovative gaming accessories to our customers worldwide.
"We remain committed to pursuing additional acquisition opportunities that can enhance shareholder value by leveraging our existing operating platform, further diversifying Mad Catz' product offerings and market reach, and solidifying our role as a market leader throughout the current console transition and beyond."
About Mad Catz Interactive, Inc.
Mad Catz is a leading provider of innovative peripherals for the worldwide interactive entertainment industry. Mad Catz designs and markets accessories for video game systems and publishes video game software, including the industry leading GameShark brand of video game enhancements. Mad Catz has distribution through most leading retailers offering interactive entertainment products. Mad Catz has its operating headquarters in San Diego, California and offices in Canada, Europe and Asia. For additional information go to www.madcatz.com.
About Joytech
Headquartered in Windsor England and New York City, prior to this transaction Joytech was a wholly-owned subsidiary of Take-Two Interactive Software, Inc., and one of the world's largest manufacturers and distributors of third-party video game accessories. All Joytech products are designed and built in-house, providing gamers with high-quality products for all the gaming consoles, as well as PCs, at competitive prices. For further information on Joytech peripherals, please visit: www.joytech.net.
About Take-Two Interactive Software
Headquartered in New York City, Take-Two Interactive Software, Inc. is a global developer, marketer, distributor and publisher of interactive entertainment software games for the PC, PlayStation(R) game console, PlayStation(R)2 and PLAYSTATION(R)3 computer entertainment systems, PSP(R) (PlayStation(R)Portable) system, Xbox(R) and Xbox 360(TM) video game and entertainment systems from Microsoft, Wii(TM), Nintendo GameCube(TM), Nintendo DS(TM) and Game Boy(R) Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K and 2K Sports, and Global Star Software; and distributes software, hardware and accessories in North America through its Jack of All Games subsidiary. Take-Two's common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information, visit their website at www.take2games.com.
Safe Harbor for Forward Looking Statements: This press release contains forward-looking statements about the Company's business prospects that involve substantial risks and uncertainties. The Company assumes no obligation to update the forward-looking statements contained in this press release as a result of new information or future events or developments. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "should," "plan," "goal," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first party price reductions; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; or a downturn in the market or industry. A further list and description of these risks, uncertainties and other matters can be found in the Company's reports filed with the Securities and Exchange Commission and the Canadian Securities Administrators.
Source: Mad Catz Interactive, Inc.
News Provided by Acquire Media Corporation
I like that madcatzbull name. You've obviously got me mixed up with somebody else. I've been away from trading for two months. Difficult to trade while cruising around the world.
CRUS....Interesting chart set up. Could soon breakout.
Back from my summer vacations. First off, never thought I would say this but MCZ is a value stock now. MCZ's PE is only at 12. Halo3 in a few weeks. Airdrives in a few weeks.
Take a moment and read.
http://www.themegaphone.net/finance/
Back from my summer vacations. First off, never thought I would say this but MCZ is a value stock now. MCZ's PE is only at 12. Halo3 in a few weeks. Airdrives in a few weeks.
Take a moment and read.
http://www.themegaphone.net/finance/
COCO interesting
MCZ-Added on the pullback
Added to MCZ long at $1.48
IHS Inc. (IHS, $47.59, $3.01, 6.75%) reported second-quarter net earnings of $18.6 million, or 32 cents a share, up 44% from the year-ago period. Revenue for the quarter ended May 31 totaled $154.9 million, up 17%. Analysts polled by Thomson Financial were expecting the Englewood, Colo., provider of technical information and services to earn 33 cents on revenue of $150 million.
International Business Machines Corp., (IBM, $106.14, -$0.36, -0.34%) the Armonk, N.Y., tech giant, unveiled IBM Lotus Connections, which it describes as integrated social software for business.
La-Z-Boy Inc., (LZB, $11.85, -$0.45, -3.66%) the Monroe, Mich., furniture company, swung to a fiscal fourth-quarter profit of 15 cents a share from a year-earlier loss of 20 cents a share. The most recent quarter includes a restructuring charge of 8 cents and a gain of 14 cents from the sale of various properties. Sales for the period ended April 28 fell 9.4% to $406.9 million. Analysts polled by Thomson Financial expected earnings of 7 cents on revenue of $410 million.
Littelfuse Inc., (LFUS, $34.91, -$4.37, -11.12%) the Des Plaines, Ill.-based maker of circuit-protection products, cut its forecasts. It now expects second-quarter earnings of 40 cents a share, down from an expected 48 cents to 52 cents. Littelfuse also said it expects sales to be similar to those of the first quarter, after previously forecasting a 2% to 5% sequential increase. For 2007, the company sees adjusted profit of $1.65 to $1.75 a share on sales about flat with 2006. Littelfuse had set a 2007 goal of $2 a share and forecast a 3% to 5% sales increase.
Logitech International, (LOGI, $27.95, $0.66, 2.42%) the Fremont, Calif., specialist in peripherals for personal-computer navigation, gaming and more, said the board approved a new $250 million share-buyback program. Subject to clearance by the Swiss Takeover Board. the new program will begin after Logitech completes its current $250 million buyback.
LSI Industries Inc., (LYTS, $17.64, $2.37, 15.52%) the Cincinnati developer of lighting fixtures, signage and technology, increased its estimates of sales and earnings for fiscal 2007 ending June 30. The company expects to earn 90 cents to 92 cents a share, up 27% to 30% from fiscal 2006. That's compared with its previous estimate of 86 cents to 88 cents. A survey of three analysts by Thomson Financial produced a consensus estimate of 85 cents for the year.
Luna Innovation Inc. (LUNA, $5.22, $0.48, 10.13%) reported its researchers showed in a study that nanospheres were able to block an allergic response to human cell cultures and mice. The company said it was seeking pharmaceutical partnerships to develop and validate the nano-sized compounds.
McClatchy Co., (MNI, $26.01, $0.07, 0.27%) the Sacramento, Calif., newspaper publisher, reported that consolidated advertising revenue in May fell 12% and total revenue fell 10% from May 2006. The company has tightened cost-control efforts.
Guess what? The best has yet to come. MCZ is going much higher. Stocks which hit new highs continue to hit new highs. Those waiting for pullbacks will pull their hair out just like the ones who waiting much lower. Good luck and enjoy the ride.
Mad Catz Enters into License Agreement with Ubisoft to Produce Branded Video Game Controllers and Related Accessories
Tuesday June 19, 10:00 am ET
Customized Controllers and Accessories to Support Highly-Anticipated Launches of Assassin's Creed(TM) and Tom Clancy's Splinter Cell Conviction(TM)
SAN DIEGO--(BUSINESS WIRE)--Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), a leading third-party video game accessory provider, today announced that it has entered into a license agreement with Ubisoft, one of the world's largest video game publishers to produce a new line of customized controllers and other related accessories to support the upcoming launches of Assassin's Creed and Tom Clancy's Splinter Cell Conviction video games.
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The Assassin's Creed franchise combines compelling gameplay, superb graphics, and an immersive and sophisticated storyline to deliver an epic experience that will launch the action genre into the next generation and beyond. The first game in the Assassin's Creed franchise is set in 1191 AD, when the Third Crusade is tearing the Holy Land apart and the Assassins intend to stop the hostilities by suppressing both sides of the conflict. Players, assuming the role of the main character Altair, will have the power to throw their immediate environment into chaos and to shape events during this pivotal moment in history.
In Tom Clancy's Splinter Cell Conviction, the latest release in Tom Clancy's best-selling Splinter Cell® series, Special Operative Agent Sam Fisher(TM) drops his classic goggles and black suit in favor of a more civilian appearance as he finds himself thrust into the role of fugitive in Washington, D.C. Ubisoft's Tom Clancy video games are consistently among the best-selling and most critically acclaimed video game titles in the industry. Tom Clancy's Rainbow Six®, Tom Clancy's Splinter Cell and Tom Clancy's Ghost Recon® games have sold more than 45 million units worldwide to date.
Darren Richardson, President and Chief Executive Officer of Mad Catz, commented, "This agreement with Ubisoft is an excellent opportunity to align Mad Catz' proven ability to produce innovative licensed products and accessories with the highly-anticipated launch of the initial title of the Assassin's Creed franchise as well as the newest game in the best-selling Tom Clancy's Splinter Cell series.
Ubisoft has a track record of developing engaging, strong-selling video game brands and we look forward to enhancing the gaming experience by producing controllers and accessories that capture the intensity and excitement of both of these titles."
Mad Catz will develop new stylish video game controllers, faceplates and Console Skinz(TM) featuring the logos and characters of each title.
The Mad Catz products for Assassin's Creed and Tom Clancy's Splinter Cell Conviction will be available on all released platforms of the games. Products and accessories supporting both launches will be available at online video game retailers and wherever video game accessories are sold.
MCZ now trading at a 52wk high. Two more weeks until MCZ presents their new INAIR sound technology. Expect some media write articles about it. Interesting enough, INAIR is just gravy for the MCZ train. Even without it the company is firing on all cylinders with new high margin product, low stock valuation, insider buying and early stages of the new gaming platforms.
In other words, MCZ has much more upside. I still stick to my guns and say MCZ is a $3-4 stock by year end.
MCZ now trading at a 52wk high. Two more weeks until MCZ presents their new INAIR sound technology. Expect some media write articles about it. Interesting enough, INAIR is just gravy for the MCZ train. Even without it the company is firing on all cylinders with new high margin product, low stock valuation, insider buying and early stages of the new gaming platforms.
In other words, MCZ has much more upside. I still stick to my guns and say MCZ is a $3-4 stock by year end.
That is nuts. I use Schwab and have never had any problem.
MCZ has broken out. At a day high and volume is now over one million shares.
Going much higher as it is still undervalued.
MCZ breaking out
MCZ trying to breakout 1.33
PE 19
Randy, even more good news. MCZ is working on getting the Grand Theft Auto accessories contract also.
So here we have a company breaking margin records. Margins were at 29% this past earnings report. Insider buying, PE at 19, INAIR coming in July, Halo3 coming in Sept, Mass Effect, Grand Theft Auto, new controller contracts with the NFL, NBA and now NHL. Many new hardware accessory products also.
The big boys are starting to take interest especially since the new video game platform cycle is just starting. The 2nd 6 months of this year the video game sector will be on fire. MCZ makes money from every system and the INAIR product has blockbuster written all over it.
Noise canceling head phones are a dime a dozen. INAIR does something totally different which no other headset does.
From the site..
The patent pending InAir Technology drives sound towards the open ear, allowing personal listening with an experience similar to having a high quality, surround sound home stereo system while still allowing ambient sounds to be heard. This allows the listener to interact socially and take music into more settings because of the ability to stay connected and multi-task.
One more thing about MCZ. Insiders are buying in a big way.
http://www.secform4.com/insider-trading/1088162.htm
Here is the INAIR MCZ web site
http://inairtechnology.com/
Read about this product because you will be hearing about it all over the news wires next month.
Just got back from our cruse. Still catching up but noticed MCZ's earnings report was exceptional. MCZ now has a PE of 19. That is correct, a PE of 19.
News this morning for the video game sector is also exceptional.May video game hardware sales were up 80%. MCZ sells accessories for all the hardware systems.
Here is the really interesting thing about MCZ. Next month in July the company will present their new sound headphone technology which will interest many companies including Apple. No other company has this new technology. It's called INAIR and you can read about it here at the new MCZ INAIR website.
Also, MCZ and and Microsoft are in bed again as MCZ will ship new Halo 3 accessories. MCZ also gained the Mass Effect accessories contract.
The stock has a bullish chart and believe it or not, MCZ is now undervalued and will soon breakout to a new 52 week high. I'd be buying a bunch right here because this is a $3-5 by year end.
OO strong. See chart