Btw

Injunction is really awesome news In the bigger picture
This would have been at least 10-15 point gap per in the past

Not sure if the warrant concersion stuff keeping the stock in check a bit or not

Does anyone have a breakdown of where the revs came from?

Q2 guidance under 100 mil so we got some big rev recognition somewhere

Admitted I used to be on top of this in the past.

Anyone figure out why we would just drop ten points this week? Bc of BOA?

Idcc kicking ass

Me too!

I was just telling my son about a young engineer in his mid twenties watching the thrilling ride to 82 and how we coulda been ballers…
But then watched it fall to 5 again.
He was so shocked and sad at the same time 😭

I’ll tell him about his fortune later since I got shares left!

I’m not sure I see the big deal

They guided to 105mil recurring for q4

Loop

Merry Xmas to you
I owe you more than you know and still have some shares today.

Bim524

M3s

Mediation a lot different than arb(binding)

So it’s really not dilution to me since the price is above current

Company will just have same value In cash
and can just keep buying today

What’s the warrant price?

70s?

Is that why they have been buying back so many shares to offset this dilution?

This price action is damn exciting
Reminds me of the orig apple license

Maki g me nervous as hell tho

After all these buybacks they are saving annual dividend monies despite the recent increase to .40 cents
Bump that baby up another .10 next quarter and the balance sheet won’t notice any difference… especially if they keep continuing the March to <25 million shares

91 after hours?!

That’s over 30 cents per share

That’s reflected in the earnings?

How much interest did they make in all
That cash?

Hey guys!!!!

Great to see!!


What price targets do you realistically have in mind before end game (when u sell)

It’s been a long journey

They didn’t do this before
They
Have always been super conservative
And only recognized when contract signed cash in bank

How did they book revenue without finality for those two cases?

They have had many chances to increase dividend and have plenty of FcF
Not too friendly in this area. Seems like a token to shareholders.

With the share count reduced by over 25% on why last few years the total div allocation monies have gone down and so they have actually decreased that amount with less shares to pay out

Thx paullee

I had thought they already found a patent infringed and we were waiting on a rate?

Don’t understand why anyone would participate when they can just sell it higher than 69 today

Don’t get it. I have that “offer” too.

I can just sell on the open market today and get close to the max.

That reply works except they had over 800 million in the bank already before the new cash came in.

It’s not like they were short of cash when the stock was low.

Why did they wait til now?

Where were they when the price was mid 40s

Now that we will have a few mil less shares, they can “afford” more dividend by keeping total monies paid the same.
Bump up that div!!!

It’s about damn time we make some money on all that cash in the bank!

We go from 4-6 mil expense to +1mil income due to interest!

Worth a few cents eps!!

Pay dat man his money!!!! Pay him! Pay him dat dividend!

Increase that div!!!
Almost 20 percent less shares from 5 years ago to distribute but div hasn’t moved accordingly!!!!

NeverMiNd

I read the 10-q

Trial is scheduled for March

Got confused with the UK proceedings

I’m confused by where this trial is at

What is the opening brief for?

They should be doing that regardless since the outstanding number of shares is 10 percent less than before

Large payment? FroM a customer or they expect to make a large payment?

Does anyone have the transcript?

They have almost 900million in the Bank

For grins went back and took a peek at some div Payments…. Def allocating less per quarter


??Shrinking dividend payments

2018 q4 earning report from income statement vs 2017

Dividends paid (11,996 ) (12,148 )

And latest on Aug

Dividends paid (10,803 ) (10,739 )

I saw an article today on the new Biden plan and it has a capital gains tax on corporate buybacks

I suspect we won’t see much buyback next year

Speaking of divs

Just noticed I got it today

I’m disappointed In myself for not realizing earlier that aggressive buybacks
Should just naturally bump up the in place dividend.

Not sure why no one questioned before
On the earnings calls


It just means they are allocating less money towards dividends with each buyback, which is a no no to investors( reducing divs)

Back of napkin calculations

Idcc annual dividend 1.40 for the past 4-5 years?

They had close to 35 million shares outstanding in
2017 so ~$50 mil in annual div


They have less than 30 million shares outstanding today

If they use 50 mil for div it should be

1.67 or at least a quarter higher?

Where is my extra quarter ?!

Gamco

You Should be used to seeing that after 20 years of reading court docs.

Until i see joint motion to dismiss I won’t
Get excited at all. …. Just numb now

O I misread

We adjust our target multiple given market conditions
and set our new PO at $50, based on 15x 2023E P/E, from $60 and 19x previous



So he lowered his target price by 10 after the big dog renewed at higher rate than before and secured revs for 7 years without court cost. What an idiot

What does underperform mean when price target is 30% upside from current price?

last time we signed/renewed apple we are at 90 :O

and now we are getting lics on IoT/video/consumer electronics on top

not only that, the number of licenses in the latter category is going up fast in the past 2 years.

last time we signed/renewed apple we are at 90 :O

Gamco

I hope that's the case for 5G (20% extra for any lic)... but is Apple shipping more iphone units today than in 2016 (probably yes)?

some of the bump would be related to that and expected future (next 7 years) market share?

for the first time in a long time, I may run out of posts for the day :)

Limejuice,

no missing link here... new tech company is apple and there are new logos for the other spaces

new licensing AGREEMENTS signed within our consumer electronics, automotive and IoT revenue category.