ARM price seems to be going through a three month flattish period after a 1 year or so steady rise. Any views on what might happen next?

ARM Holdings warns of slowdown in licensing revenues

ARM Holdings, the Cambridge-based microchip designer, expects the semiconductor industry to grow by a few percent in 2012 but has warned of a slow down in licensing revenues.

Results on Tuesday -

Ace computer chip designer ARM Holdings has rewarded investors handsomely in recent years, more than six-bagging from a low point of 79p in 2008 to 598p today. The tantalising prospect of WinARM edging out WinTEL over the next few years hasn't done its prospects any harm, either.

There is strong earnings growth expected for 2011, but at 598p and a P/E of 54, a fair bit of that future potential is clearly already in the price, which looks too high to me. With a dividend yield of just 0.5%, it's perhaps not one for retired income-seekers, but we might just be at the start of a new golden era.

Fourth Quarter & Full Year Results

Progress on key growth drivers in Q4

-- Growth in adoption of ARM(R) processor technology
o 25 processor licenses signed, including the first lead licenses for processors based on the new ARMv8-A architecture

o 9 Cortex(TM)-A and 8 Cortex-M family processor licenses signed

o Many of the advanced processor licenses signed with companies developing smarter consumer electronics technology such as digital TVs, mobile computers and smartphones

-- Growth in shipments of chips based on ARM-processor technology
o 1.2 billion chips shipped into mobile phones and mobile computers, up 10% year-on-year

o 1.0 billion chips shipped into consumer and embedded digital devices, up 40% year-on-year

-- Growth in outsourcing of new technology
o Physical IP: 20nm royalty-bearing platform signed with major foundry and 3 Processor Optimisation Pack (POP) licenses signed for Cortex-A series processors

o Mali(TM) Graphics: 5 Mali licenses signed for digital TV, mobile computing and smartphones

Warren East, Chief Executive Officer, said:

"In Q4 and throughout 2011 ARM has seen strong licensing growth, driven by market-leading semiconductor companies increasing their commitment to ARM technology, and more new customers choosing ARM technology for the first time. We have also seen our royalty revenue continue to grow faster than industry revenues as the ARM Partnership gains share in our target markets.

2012 will bring exciting opportunities and challenges as ARM enters competitive new markets where we are well positioned to succeed with leading technology, an innovative business model and a thriving ecosystem of Partners. As our customers are designing more ARM technology into their widening product portfolios, ARM is investing in the development of new products. These products will drive further long-term growth in our revenues, profits and cash."

Outlook

ARM enters 2012 with a robust opportunity pipeline for licensing and a record order backlog, helped by new product introductions and new markets. In addition, market share gains in long-term growth sectors look set to continue as our Partners introduce new chips based on ARM technology. Given industry analysts are forecasting that semiconductor revenues declined about 10% sequentially in Q4 and given ARM's very strong license revenues in Q4, we expect group dollar revenues for the first quarter to be in-line with current market expectations of around $200 million.

For full-year 2012, the global macro-economic situation remains uncertain and is likely to influence consumer and enterprise spending, thereby potentially impacting semiconductor revenues and industry confidence. Assuming the macroeconomic situation does not deteriorate significantly, we expect group dollar revenues for the full-year to be at least in line with current market expectations of just over $860 million.

RM Holdings plc
3 February 2012
Announcement of dealings by a PDMR


ARM Holdings plc (the "Company") announces that Ian Drew, who is a PDMR of the Company, sold 25,000 shares on 2 February 2012 at a price of 588.14 pence per share. His current total resultant shareholding is 20,467 shares.

They are all showing great confidence selling off shares! What will it take for this company to break through the 600-650 resistance area. I see its a share of ups and downs, are people getting in and out regularly on the regular troughs?

ARM Holdings plc
10 February 2012
Announcement of dealing by a PDMR

ARM Holdings plc (the "Company") announces that John Cornish, who is a PDMR of the Company, today sold 198,449 shares at a price of 560 pence per share. His total resultant shareholding is 4,107 shares.

Unless he knows something, he has sold at the bottom of its recent trading range 560ish - 640 - see post 108.

Given the recent statement of the increased orders, it should be business as usual....

though nothing is business as usual i'm finding in shares!!!

Just bought myself some ARM. Naz was at a high yesterday think it was highest since Dot Com. stand to be corrected on that. Chart looks good for a rise, oscilators pointing in right direction. Quality company.

RNS Number : 4197X

ARM Holdings PLC

14 February 2012

ARM Holdings plc

14 February 2012

Announcement of dealings by a PDMR

ARM Holdings plc (the "Company") announces that on 13 February 2012 Lance Howarth, who is a PDMR of the Company, sold 122,651 shares at a price of 570 pence per share. His total resultant holding is 85,000 shares.

ENDS





RNS Number : 3937X

ARM Holdings PLC

14 February 2012

ARM Holdings plc

14 February 2012

Announcement of dealing by a PDMR

ARM Holdings plc (the "Company") announces that on 10 February 2012 Antonio Viana, who is a PDMR of the Company, sold 424,345 shares at a price of 550 pence per share. His total resultant shareholding is nil shares.

ENDS

Yep but that goes to show if the SP hasnt tanked Skinny its going to rev up. One of the main reasons i bought. No kidding.

Goldfinger - I love ARM - I have a core holding from @£1 and have traded it many times - youngs bitter beckons!

Events Past Future

FEB 16 ARM Holdings PLC at Natixis Roadshow

FLASH: Naxtis upgrades ARM Holdings from reduce to neutral, target price increased from 530p to 600p

Nice to see a uK business doing well and sp pushing upwards £5.40-ish, but for me it's far too high with 1% yield and a PE nearly 3-figures! [DYOR]

At £1, I might be tempted.... but I never get these things right.

ARM SELL
This was yesterdays top tip on Investors Inteligence:

ARM Holdings has been failing to reassert its long-term price uptrend for some time. More worryingly, the stock is retreating from its recent highs. This raises the possibility of a long-term top formation (see right).

Note too that ARM has breached the 200-day moving average. Technically, we are always wary of stocks falling beneath its 200-day MA as this usually signals that a change in trend. Also, we note ARM's falling relative strength.

A medium-term short may thus be opened here, with the initial stop advised at 630p, a stop to be lowered as soon as prices move in favour. Target 400p.

Broker sell.......


ARM Holdings FTSE 100 Technology Sell 340 540.5 -37.1% Societe Generale

340p SP target -37.1% downside.

12:35 FLASH: Morgan Stanley upgrades ARM Holdings from equal weight to overweight, target price unchanged at 650p

Make your mind up :-))

Changed yesterday. took a small loss.

NOW back long.