goldfinger
- 19 Mar 2013 13:57
goldfinger
- 16 Jul 2013 15:53
- 777 of 2763
Risky but could be profitable...........
look at those gaps that need filling.
skinny
- 16 Jul 2013 15:54
- 778 of 2763
Yes - comparatively good volume on these today.
goldfinger
- 16 Jul 2013 19:07
- 779 of 2763
Hey look at this......KEY DAY REVERSAL candlestick at the bottom.
This could be a corker of an opportunity.
Going to do further fundy research but this looks very very promising. DYOR
goldfinger
- 16 Jul 2013 19:19
- 780 of 2763
Look at that gap to be filled aswel on IMG.
Always done well on this stock. Checking fundies.
Shortie
- 17 Jul 2013 10:46
- 781 of 2763
June 20 (Reuters) - Imagination Technologies Group PLC IMG.L :
* Credit Suisse raises target price to 275p from 250p; rating underperform
June 20 (Reuters) - Imagination Technologies Group PLC IMG.L :
* Investec cuts target price to 340p from 395p; rating hold
LONDON, June 19 (Reuters) - Imagination Technologies
IMG.L , the British chip designer whose graphics technology is in smartphones from Apple AAPL.O and Samsung 005930.KS , reported lower full-year profits as licensing slows.
The British company, which licenses its designs to chipmakers and receives a royalty on every unit shipped, has lost business it had expected from customers such as Texas Instruments TXN.O and ST Ericsson as the smartphone market consolidates around a few big players.
It warned last month that the shift would hurt license revenues this year and next, leading to sharp profit forecast downgrades from analysts.
"The number of players in that segment has reduced over the last few months, there have been winners and losers," Chief Executive Hossein Yassaie said in an interview on Wednesday.
Its competitor ARM ARM.L has also been winning market share in graphics in smartphones, mobile computers and digital TVs.
But Yassaie said the company would retain a strong position in what was still a growing smartphone market, both at the top end, where Imagination is strong, and at the lower end.
Analysts had raised concerns that Apple, which holds a 8.7 percent stake in Imagination, could opt for a cheaper chipset from Qualcomm QCOM.O for a possible low-end iPhone, rather than designing its own processor.
Yassaie said he was confident that the major smartphone players would stay loyal: "I would be very sceptical of people who believe that customers will change an ecosystem on the back of that sort of issue.
"A lot of our customers have the technology and ability to target different price points with our technology."
Yassaie is targeting markets like televisions, and, in the longer term, wearable technology. Its designs are in Google Glass, the computer with a display on a pair of glasses.
But for the next year, Yassaie is sticking to guidance of licensing revenue of 30 million-35 million pounds.
Analysts in May said the forecast indicated that the company was undergoing more than a short-term blip in licensing.
"We would rather take a cautious approach than be very aggressive," Yassaie said. "It is possible we do better than that, but we stand by that guidance."
Imagination posted adjusted pretax profit of 34.3 million pounds ($53.5 million) for the year to end-April, down from 36.8 million, on revenue up 19 percent to 151.5 million pounds.
Shares in the group, which fell 27 percent after the profit warning, were trading up 3 percent at 314.5 pence by 1052 GMT.
"Given the weakness of the stock into this update, arguably a set of results in line with the trading update should be sufficient to support the stock," analyst James Goodman at Investec said.
goldfinger
- 17 Jul 2013 15:40
- 783 of 2763
Cheers Shortie good information their but at some point theirs going to be a bottom. The whole chip market here has been through a bit of a tough period.
Went into these earlier..........
Shortie
- 17 Jul 2013 17:17
- 784 of 2763
I agree Goldfinger, of course IMG will bottom out and when it does I'll be waiting for the bounce. WLF looks nice, what do you know?
goldfinger
- 17 Jul 2013 17:57
- 785 of 2763
Nothing really. Just saw it on the chart and asked a few questions over the road.
Someone said it had a broker reco today but couldnt find one on my source.
Looking at last results looks like its a recovery play and results near month end.
goldfinger
- 18 Jul 2013 14:11
- 787 of 2763
Gone long on RPC, plenty of packeging used in this hot weather.
skinny
- 19 Jul 2013 06:23
- 789 of 2763
Nice one Dil - shame you didn't post it Feb. :-)
Dil
- 19 Jul 2013 10:13
- 790 of 2763
Couldn't I only heard of them yesterday :-)
Took my scatter gun out yesterday and bought small amounts of 8 shares hitting new highs , 20% stop loss and see where they are in the New Year. This was one of them , I don't even know what they do or the reason for the rise.
Dil
- 19 Jul 2013 10:25
- 792 of 2763
Lol , might just as well do. Had a quick read of their annual results , chairmans statement etc and still don't have a clue.
Some kind of platform for something ... could be a station , choo choo :-)
skinny
- 19 Jul 2013 10:28
- 793 of 2763
Shortie
- 19 Jul 2013 10:53
- 794 of 2763
BLUR is a very cool company, can see this being very big indeed.
skinny
- 19 Jul 2013 10:56
- 795 of 2763
Yeh but Dil has bought! :-)
goldfinger
- 19 Jul 2013 12:20
- 796 of 2763
Dil.............your brilliant............make me laugh. (in the nicest way)
Blur got a big write up in that SCSW a few months back. Got a frebbie off, the I nett............in fact if you play it right you can get a freebie every 2 months.
Tight -wat.