Silicon Motion Could Be The Next Himax [View article]
Looking at the chart, if this does not hold 10.20 tom, it will drop to 7.80- 8.30 fast. It is scary looking chart after 10.20. I plan to add at 8.20 or will add on Monday if it holds 10.20.
Silicon Motion Could Be The Next Himax [View article]
The guidance today was rough. Clearly Samsung is choosing to go with QCOM for LTE choosing to allocate its resources elsewhere. This may cast doubt on SIMO drivers for future growth. Looking at EPS of 1 to 1.4 for this year makes SIMO's fair value anywhere between 12-15 dollars, especially given that it is unclear where growth for 2014 will come. I still think it is deal at this price given the dividend.
Qualcomm: Apple-Related Sell-Off Is Irrational [View article]
Good article, but what your missing is Samsung is slowly rolling out it own LTE baseband and while this way not impact QCOM in 2013, it will in 2014. They tested it out in the Korean Galaxy S3 LTE in 2012 and it preformed well. They are also working on a VoLTE solutions.
While I see QCOM having a record year next year, I see them losing market share in the LTE business to Samsung in 2014.
Some of Berenberg's 2013 tech predictions: 1) The R&D-intensive mobile chip market will see consolidation and possible exits, benefiting Qualcomm, Samsung, and MediaTek at the expense of rivals. 2) Samsung will rely on its own baseband chips, a negative for Qualcomm, Broadcom, and others. 3) Huawei will strike a reseller deal with IBM, which will threaten Cisco and Juniper's margins. 4) Apple will launch an iOS MacBook Air (questionable), a cheaper iPhone (less so), and the mythical Apple TV set. 5) Windows 8 and Windows Phone will disappoint. [View news story]
Predicted the Samsung switch to their own baseband back in October. 2013 should be a good year for SIMO.
When The Cheap Gets Cheaper: Earnings Reactions That Defy Fundamentals [View article]
I agree that sell off is management driven. VELT now has a market-cap 3x less than MM despite far greater revenue. The difference is management. With this move management may be trying to clean itself up. Only time will tell.
Either way, the company is still fundamentally undervalued. Unfortunately this does not mean it can not go lower.
Silicon Motion Technology: LTE Adoption Will Drive Growth, Make Attractive Buyout Target [View article]
Yes you are right, should have used forward PE. I would not be surprised to see SIMO upend these estimates next year, especially if Samsung is really planning on using its own LTE baseband beyond Korea next year.
If SIMO ends up making 2.10 a share next year, it becomes a 30, 35 dollar stock, trading at less than half that price right now.
Velti: Baptism By Fire For A Young Company [View article]
Velti distinguishes its self from the likes of MM, Admob, and Quattro in that it SaS platform allows customers analyze its own ad campaigns regardless of which display ad company they are using (i.e google, iad, or MM) in combination with text, web, and QR code campaigns. In this sense, Velti stands to grow as the mobile ad business grows.
A second point is as the mobile advertising grows, you will undoubtedly see some consolidation in the field. I would not be surprised to see Microsoft, FB, or even Yahoo look to buy Velti or MM in the next 6 months to a year to try to compete with Apple and Google.
Velti would be a good fit for FB as it would help them expand mobile advertising revenue beyond FB website and allow them to offer their customers "full gamut of mobile services." It would be an excellent way to balance Google's recent acquisition of Wildfire.
Silicon Motion Could Be The Next Himax [View article]
Silicon Motion Could Be The Next Himax [View article]
Tax-Loss Rebound Candidates To Buy - Part 3 [View article]
Qualcomm: Apple-Related Sell-Off Is Irrational [View article]
Read more: http://bit.ly/U4YZEg
Qualcomm: Apple-Related Sell-Off Is Irrational [View article]
While I see QCOM having a record year next year, I see them losing market share in the LTE business to Samsung in 2014.
See my article here:
http://seekingalpha.co...
See this article about Samsung's LTE plans:
http://tinyurl.com/7kp...
So I would trim that QCOM investment as 2013 comes to a close.
Some of Berenberg's 2013 tech predictions: 1) The R&D-intensive mobile chip market will see consolidation and possible exits, benefiting Qualcomm, Samsung, and MediaTek at the expense of rivals. 2) Samsung will rely on its own baseband chips, a negative for Qualcomm, Broadcom, and others. 3) Huawei will strike a reseller deal with IBM, which will threaten Cisco and Juniper's margins. 4) Apple will launch an iOS MacBook Air (questionable), a cheaper iPhone (less so), and the mythical Apple TV set. 5) Windows 8 and Windows Phone will disappoint. [View news story]
http://seekingalpha.co...
The Next Move In The Smartphone And Tablet Market [View article]
When The Cheap Gets Cheaper: Earnings Reactions That Defy Fundamentals [View article]
Either way, the company is still fundamentally undervalued. Unfortunately this does not mean it can not go lower.
When The Cheap Gets Cheaper: Earnings Reactions That Defy Fundamentals [View article]
Silicon Motion Technology: LTE Adoption Will Drive Growth, Make Attractive Buyout Target [View article]
If SIMO ends up making 2.10 a share next year, it becomes a 30, 35 dollar stock, trading at less than half that price right now.
Velti: Baptism By Fire For A Young Company [View article]
A second point is as the mobile advertising grows, you will undoubtedly see some consolidation in the field. I would not be surprised to see Microsoft, FB, or even Yahoo look to buy Velti or MM in the next 6 months to a year to try to compete with Apple and Google.
Velti would be a good fit for FB as it would help them expand mobile advertising revenue beyond FB website and allow them to offer their customers "full gamut of mobile services." It would be an excellent way to balance Google's recent acquisition of Wildfire.
I am long Velt