Garmin Ltd. (GRMN)

All Comments on GRMN

  • commenter
    jeremiah74
    Jul 31 05:30 AM
    Bye Bye Bear - Cramer's Mad Money (7/30/08) [view article]
    when i first saw the title of the article, i thought its about Bear Sterns
    the Bear Sterns that made Cramer get a heart attack on his TV show.. BUy Buy BuY

    so bye bye Bear Sterns, bye bye Cramer

    Reply
  • commenter
    JimJ
    Jul 31 12:37 AM
    At Its 52-Week Low, Is Garmin a Buy? [view article]
    With phones like Sprint Samsung Instinct selling for $129.99 that have almost as good GPS voice navigation and automatic map updates for life, who is going to buy the Garmin GPS units?? I say Garmin is a long term Short! Sell it on next move up! Reply
  • commenter
    non1
    Jul 31 12:32 AM
    At Its 52-Week Low, Is Garmin a Buy? [view article]
    Sorry gus GARMIN is barely worth $10, I bought $100,000 worth of $40 August puts and am already up $20,000

    This stock is no better than any other fad stock out there, CROX, HEELEYS, KRISPY KREME, BOSTON CHICKEN. No fad stock lasts forever, and garmens only new product is pushed back until next year. $25 near term, then $10.     Reply
  • commenter
    xtronics
    Jul 31 12:32 AM
    My Website
    Bye Bye Bear - Cramer's Mad Money (7/30/08) [view article]
    Cramer is just about a perfect contrary indicator. Sounds like the market is heading down. Reply
  • commenter
    guruji
    Jul 31 12:12 AM
    Bye Bye Bear - Cramer's Mad Money (7/30/08) [view article]
    Look for the signs of housing bottom before saying bye to bear. Looks like it is getting ready for a final attack and we may see a bear rally for few more weeks. Reply
  • commenter
    TraderGreg
    Jul 30 11:55 PM
    Bye Bye Bear - Cramer's Mad Money (7/30/08) [view article]
    Bye, bye Cramer
    -Bear
     Reply
  • commenter
    squashnut
    Jul 30 11:27 PM
    Bye Bye Bear - Cramer's Mad Money (7/30/08) [view article]
    Merrill Lynch blueprint is worth less than a billion 2015 US dollars, which will buy a gallon of gas, a bushel of corn, or a hundredth of a second of a congressman's attention. Reply
  • commenter
    kwityercryin
    Jul 30 07:41 PM
    Buy Value - Cramer's Lightning Round (7/29/08) [view article]
    You cannot buy a stock when JC says to buy it and sell it when he says to sell it, and make money. If you need somebody to tell you what to buy and when to buy it and how much to pay and when to sell and for what price, Mad Money is not the answer. Send the Gorilla $600 and they will hold your hand through the whole process. But where is the fun in that?

    Mad Money is good for ideas, but you still have to do the research. Some of his ideas are good for 25 year old gunslingers. Others are better for us old f*rts. Some of his recommendations carry PEs of 70 or PEGs of 1.8 to 2.0. Not for me.

    If JC touts a stock that your research says sounds good, please wait for a good buy-in point. Nothing wrecks returns by being too eager to buy and paying up. At least pick the lowest closing price from the last two or three weeks and put in a limit order. If it never executes, oh well. Find another.

    Regarding missing the show where he says Sell! Sell! Sell! If you wait for JC to tell you to sell, you may be too late. (He talks about more buys in a week than sells so there may never be a sell sell sell). If you wait until the analysts downgrade, you will be too late. If you wait until IBD lowers its composite score, you will be too late. Pick some percentage dip off a high that you are uncomfortable with. If you hit your stop loss in heavier than normal volume, have the conviction to sell. You can always get back in later if the price continues to drop.

    The Bottom Line: You need to decide what to buy and when and for how much. You need to stay diversified. You need to take some profits on the way up in case something bad happens while you are at work and not watching the market. And you have to sell when you hit your stop loss in heavy volume. There are no guarantees, but this will keep you out of too much trouble most of the time. Oh, and remember, this is supposed to be fun!     Reply
  • commenter
    launiuss
    Jul 30 06:57 PM
    At Its 52-Week Low, Is Garmin a Buy? [view article]
    after coming off it's high of 125 a share i can't believe this company has lost 90 dollars in value in this short time. Reply
  • commenter
    Leser
    Jul 30 02:50 PM
    Buy Value - Cramer's Lightning Round (7/29/08) [view article]
    Once one is a Cramerian one must always be a Cramerian or one may lose one's shirt. We're to become puppets and lemmings. If he talks to masses, masses will react and someone who doesn't jump with the masses--in and out like a trained seal--will get hurt. That someone may end up being thousands of faithfull buh-yahers over the long run.
    Probably one should watch his show and think of a strategy somehow parrallel to what he's suggesting, but probably not exactly what he's doing. If Cramerica is all doing it, who's ahead in the game? Not the innocent person who bought when advised, but missed the magical program that says sell, sell, sell (because he isn't advising us on buy and hold.) I'd say it's generally better not to buy companies he's commenting on, especially when you see everyone jumping in on them. I don't know, perhaps check volume of shares sold and movement up in the P/E ratio to see if those items are getting over purchased.
    Anyway, there are people jumping in like sharks to feast on some of the Cramerian innocents who are only doing what the C said to do, but perhaps only heard the first half of the message, because they didn't see the subsequent program when the guru said to sell.
    The format of the program is too frenetic--not organized in a professional enough way. Otherwise he would tell and show in a timely way graphics about changes in previous advisement. A logical chart of some sort telling about whatever was mentioned could even be posted online--or tendencies and dramatic changes at the beginning or end of the program (updates) could be scrolled down briefly instead of having so much of the corny Stueck that has become a part of the sensationalism of the program. The antics are not teaching people to invest with calm logic and doing homework, as he says he wants us to do. They are teaching us to react viscerally. I think that investing should be done with a cool head, as much as one can, not with unnecessary childish antics to illustrate the point. We're not dolts, as this attitude of talking to us might imply.
    No doubt about it, Cramer knows much much more than most of us ever will, but he would better serve us by modeling a more logical approach, not ranting. I've had my say (or rant.) (Obviously, I'm not interested in ratings--which is probably what the antics end up being about. His producers like them, too, no doubt.) However, I believe one can be informative and creative and humorous--and have good viewer numbers--without being sensational.
    Cramer, I seriously hope your health holds up. Tone it down, man, and speak with us instead of shouting so much on the program. We'll all profit from the cool and you'll last longer on the program. You've got a really great t.v. personality without the extremism.
     Reply
  • commenter
    workout
    Jul 30 10:11 AM
    Buy Value - Cramer's Lightning Round (7/29/08) [view article]
    Cramer was behind Huntington Bank for at least the past year,had the CEO on the show 3 times that I saw. It was the only buy,buy, bank. Now he wants ride of it sell,sell..complete reversal,so what happened ? Reply
  • commenter
    ss2504
    Jul 29 04:30 PM
    YRC Worldwide Keeps Truckin' - Cramer's Lightning Round (6/18/08) [view article]
    Cramer is unreliable on Jun/5 he recomends SLT as buy and in less than 2 weeks he changed his mind and now its sell. Reply
  • commenter
    User 232811
    Jul 25 09:32 PM
    Garmin: Market Erroneously Pricing In Nuvifone Failure [view article]
    You have no idea what you are talking about. Reply
  • commenter
    tradinfool
    Jul 22 11:02 PM
    Garmin: Market Erroneously Pricing In Nuvifone Failure [view article]
    There seems to be quite a bit of mis-informatiion about GRMN within these posts. The net sales numbers for Garmin in 07 are listed on Form 10-k
    (2007 Annual Report) p70

    Automotive/Mobile 73.69%
    Outdoor/Fitness 10.70%
    Aviation 9.30%
    Marine 6.40%

    While I agree with a couple of points made here regarding the Nuvi-Phone I will try and lay to rest a couple other misconceptions:

    1) The cost of Nav on the phone plan is not in Garmin's hands, that will be determined by the carriers who decide to pick up the Nuvi-Phone line within their product offering. This is simply a feature of the phone which does not use the "network time" of the carrier's network, ie; it is occupying space within the spectrum of bandwith and therefore costs the cellular company nothing to offer.

    2) Cell Phone technology, just like GPS technology is very complicated and new entrants to this business will have hurdles to overcome with many Cellular Platforms, ie; tdma & cdma technologies.

    I feel GRMN is making the right move in venturing into new areas. As the margins in the gps industry continue to shrink and competition increases, they will need to stay on the edge of innovation and move into markets not yet explored with a more broad product mix. As I pointed out above, the automotive/mobile segment make up 3/4 of their Net Sales. This is not good news if the margins continue to shrink at present rates if they cannot find other sources
    of profit within other segments of the business.

    Garmin does however have good leadership and I have all confidence that they will find a solution to the shrinking margins. With all this said, I feel they are a great value play at their current level 0f 48.75. Industry P/E ratio is 16, Garmin is trading at 11 times earnings. If you value them as average within the tech sector and assign a P/E of 16, this puts them at 63.75/share.

    Tom Tom announced earning yesterday and their sales were up 70% year over year for the quarter. In news today, Garmin illuded to the fact that sales within the U.S. gps market were up 130% YOY. If that is the case we should see Garmin beat the street estimates of 1.00/share this quarter and I would predict you would see it more along 1.03/share given the decrease in margins.

    I only recently purchased Garmin, but I feel like I stole it at 42.75. In my opinion, the stock is well undervalued. I guess we'll find out on July 30 when this quarter's earnings are announced.     Reply
  • commenter
    Trader Tim
    Jul 22 05:50 PM
    My Website
    Garmin: Market Erroneously Pricing In Nuvifone Failure [view article]
    Hey....looks like the Market is finally starting to agree with me....Tom Tom had a decent report..nothing earth shattering so they went up on it.

    July 31st should be the day we hear alot more about the Nuvifone..stay tuned     Reply
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