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  • More on Garmin's Q2: Gross margin surged 800 bps Q/Q to 55% (big reason for the EPS beat). Auto/mobile sales rose 8% Y/Y, better than Q1's 6%, though Garmin still forecasts industry units will fall 10%-15% in 2012. Outdoor again a standout, +24%, though Fitness and Marine growth declined noticeably to +5% and -14%. Garmin now expects 2012 revenue of $2.75B-$2.8B and EPS of $2.70-$2.85; the former is in-line, but the latter is above a $2.66 consensus. GRMN +6.2%. (PR[View news story]
    Does anyone know why the gross-margin increased so dramatically? Whenever I see such large increases, I always view them as RED FLAGS
    Aug 1, 2012. 09:46 AM | Likes Like |Link to Comment
  • Rediscovering Pandora's Price  [View article]
    You make a few good valuable insights throughout this article - BUT, you fail to mention the fundamental question - is Pandora's revenue stream and business model sustainable in the long run? I don't see it for Pandora...
    Mar 25, 2012. 02:49 PM | Likes Like |Link to Comment
  • Likely unable to raise capital the old-fashioned way - issuing shares and shedding assets - European banks are set to indulge in some fancy footwork. Known as "R.W.A. optimization," the process involves altering the risk-weighting on existing assets to allow less capital to be held against them.   [View news story]
    This isn't a surprise - CFOs of leading European Banks have openly said that their banks will pursue these "financial management" tactics in order to address the newly added requirements incoming from Basel 2.5/3.0. Nothing new here...
    Nov 25, 2011. 10:24 AM | Likes Like |Link to Comment