Wolfson

I've seen shares fall on good results before but this is just silly!

Surely this has got to be a buying opportunity!

Financial Highlights

Revenue increased by 94% to $56.9m (H1 2003, $29.3m)
Gross margin improved to 50% (H1 2003, 46.4%)
Profit before tax increased by 123% to $9.3m (H1 2003, $4.2m)
Diluted earnings per share increased 94% to 5.77c (H1 2003: 2.98c)

Operational Highlights

158 design wins in the period
9 new products introduced in the period
Continued strong uptake of products by major OEMs
Increased sales in Japan and Korea to 29% of group turnover
31 new technical and commercial staff

Yes i did thanks, still not sure which way this this going to go but the momentum is certainly behind it. Results out in about 2 weeks. Xmas trading with products containing wolfy chips was outstanding.

dont say i didnt tell you, but i did, right back to sideways and downward threads. where there is a lot more interest than these boring, rising shares.

Wolfson Offers Class A/B-to-D Switchable CODEC
Tuesday January 17, 11:53 am ET


EDINBURGH, Scotland--(BUSINESS WIRE)--Jan. 17, 2006--The world's first Class A/B-to-Class D switchable stereo CODEC is now available from Wolfson Microelectronics (LSE:WLF - News). The WM8985 is targeted for use in mobile phones, MP3 players and wireless headsets and has an integrated Dual Mode Headphone driver, dynamically switchable between Class A/B Class D drivers. Class D increases efficiency by up to 70% while Class A/B mode provides additional flexibility to the designer.
"The WM8985 is the first product of its kind on the market to tap into the need for both audio quality and power savings needed for today's consumer audio products, including radios, mobile phones and RF-transmitting portable players," said Nat Edington, Wolfson Microelectronics Business Unit Manager.

As noted by Gartner analyst Stephen Ohr, "Class D amplifiers may be listenable at a fraction of their rated power. And just as Class AB is a power-saving extension of Class A, the industry is hoping to render Class D as a power-saving extension of Class AB."

The high-performance CODEC is based on Wolfson's proven 897X platform and includes a built-in audio-enhancement DSP for wind noise filter, notch filter, 5 Band EQ, 3D audio. The WM8985 supports up to two differential microphone and analogue stereo line inputs, enabling direct mixing from an FM radio, and has two pair of headphone drivers enabling two users on one audio player. An integrated PLL supports input clock between 9 to 27Mhz.

Price and Availability

The WM8985 is available for sampling in a 32-pin QFN 5X5 (pin to pin compatible with 8976/8978), priced at $2.24 in volumes of 10,000.

the march continues, dont say i didnt tell you.

i find it quite incredible on a board for, hopefully, experienced or budding investors there hasnt been more interest in wolfy, the rise as been relentless lately and the biggest gains have probably gone. trading update out on wednesday the big dilemma now is whether to stay in for the results. long term things look very look good. short to medium term after a big rise, who can say???

Kivver from an amatuer
TAKE profits!!

kivver, what do you want us to say. Just because we're not posting doesn't mean we're not in it. After all the boards with less posts are normally the best shares to be in, eg. Accident Exchange Group, Aberdeen Asset Management, I started a board on the latter last week and no-one even bloody bothered to look at it let alone contribute to it. Some of us have been in WLF since 260. It went up on Friday according to The Scotsman because an American company broadcom who has a similar audio chip in the IPOD had results at the top end of expectations, WLF are meant to have a similar royalty agreement except it's confidential. I've seen you posting on VOG. Although it's tempting to sell before results, sometimes it's best to buy more of the shares that keep going up, as the graph starts to curve vertically upwards, a friend told me, at this point it starts to accelerate. We intended to buy more at 3 or on a pullback but no chance. I think the thing which inhibits a lot of traders is they're worried it's gone up too much as with many shares, fair enough, but sometimes the strongest keep rising albeit with rests along the way, eg Accident Exchang, ABDN or the miners.

saintserf - not having a go at anybody, glad you had the foresight to get in so early i wish i had. i suppose i find incredible so many can involved in dmr thread or similar threads and not winning threads like wolfy. Anyway trying to differentiate between the sensible posters and like what you say and will look out for your posts. good luck to anybody in over the next couple of days

Thanks Kivver. I didn't mean to come across aggressively. Believe me I've been there with "popular" bulletin boards, eg. tadpole and superscape. I think people like these boards because they provide reassurance that everything's okay with the share and the drop is just down to the MMs. The Naked Trader, whose site I quite like mentions this in his recent book. I like Peter Lynch's books for advocating boring shares. Without sounding like I know it all, believe me I wish I knew just a little bit, If you're in a share with a good upward trend and you buy on dips when it starts to come up again I think the charts give you reassurance and you don't need to worry if the price drops a day or two as long as its in the trend. A friend kindly explained this to me as well as lending me a great book "Charters on Charting" which I think may be out of print, but explains the basics very clearly. I'm still learning.

to sell or buy with a trading statement out tomorrow, dont think people really know.

must admit I took a few profits yesterday but have left my original holding for the medium term. I don't think there are any doubts that trading will be at the top end of expectations, but it will need a positive statement of future prospects to keep the sp rising. Having said that, the new stream of Wolfson products appear to be geared to 'energy-efficiency' including new chips for the ipod which I believe constitutes around 20% of Wolfson's business. I really cannot see anything but a successful year ahead for Wolfson and it will be interesting to get some verification of this from the management tomorrow.

decided im going to hold on and go for it, in some ways the selling might help.

hope you sellers are sorry in the morning!!! if not i will be

profits expected to be 32 million dollars it actually produced 38 million, looking good for the future.

read on

hahahahhahhahahahahahahahahahahahahahahahahahahahah now everyone knows how serious you are. your credibility (as if you had any) has gone right down the drain. We all know you and onechunkymonkey are one and the same just how thick do you think we are. hahahahahahahahahahahaha. Match your axm chart against my wlf one anyday.

heres the wlf one, shall we put up axm..........joker

Oh come come. All I did was ask a question. Is WLF so sensitive that it cannot withstand this??? I don't think so -and yes it has done very very well indeed over the past few months. But don't you think you should consider the time-old adage about 'what goes up must come down' ??? It's just a question. I'm not being personal.
As for you saying I am somebody else -why on earth would I be??? Believe me, I am more than capable of expressing myself under my own name. I am sorry if I offended you and I know that my humour can sometimes comes across that way but, as I say, I was just asking the question.

it was a politians leading question enhanced by the picture and the questionable 70% bailout. since you like to quote buys and sells so much now 2 sells to every 1 buy. as to the question, certainly not time to bail out this mornings statement said it all.

the futures bright, the futures blue!