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

if you dont sell the price dont go down.

if you dont stop selling a great stock ill have to join you, use your brains girls and boys.

Even the directors are selling, so I think WLF is possibly too pricey at the moment at 400p.

re jiggles or is it biggles?

Wolfson isnt really high growth it just produces lots of high margin chips when the demand is there - as it is!

New products are coming out at an alarming rate and technology becomes 'old' in a very short space of time fuelling demand for new products and quality suppliers like wolfson will continue to satisfy that demand.

All p/e ratios are HISTORIC and vary with share price and earnings so if earnings rise 30% next year as predicted by brokers est then p/e falls to 15 if the share price stays the same. That is why some companies have high p/e and people keep buying shares because earnings are rising fast. If the shares rise to 5 then this increases the next year p/e by 25% to about 20 if earnings come in as expected.

No CRASH just some profit taking AND LETTING OFF STEAM!!!!!!!!

well said ian, biggles more anti kivver other than anti wolfy. noticed directors have excerside some options rather than sold. whats the difference????? ps still more buys than sells at this moment.

Jiggles i don't think it's ramping ,this is a quality play ,i was in at 245p ,i'm laughing all the way to the bank..

hahahahahahahahahahahahahaa when you have had the %age rise with axm as i have with wlf, iqe, cs and kmr you can come and criticise me. now go back to your sideways and downward thread theres a good boy. ps cheers jimmy

cheer up biggles, first of all a ramper, now a cocky git, anything else that i am??? ps do you know what a ramper is???? pump and dump???? keep this a secret but im still in wlf even though the price is falling ssssssshhhhhhhhhhhhhhhhh.

i think you sellers are going to regret it, i know you have sold at a very good profit but there is more come. 393p at the mo.

buys now nearly equal with sells, i knew there were some canny investors out there. around 401p now.

further research shows price of buys far outweighs the price of sells.

buys now out numbering the sells and the price goes down, its weird thing this stock market. i still dont get it!

Kivver ,i wouldn't always rely on the buy/sell figures you read on the moneyam screen (if thats what your looking at) ,some trades are delayed and get in as buy when they are a sell ,or the other way round , especially when there are a lot of trades going through and the price is moving up and down ,with a tight spread..

hi jimmy, also using www.sharecrazy.com, dont know how accurate they are but they actually record more buys for wlf than moneyam. Perhaps others use sharecrazy.com and could tell us what they think of them??? onechunkymonkey uses them on the axm thread but I take most things he says with a pinch of salt.

Kivver can i suggest u look at who sharecrazy are tied in with........then take the pinch of salt......

UUUMMMMM interesting!! will do!

do i take it you mean H B & P??? I know they have given some bad tips but didnt know there was more to their sculduggery???