Brace for impact!
Brace for impact!
NXP MCU team in Taiwan S-u-c-k-s.
I want to see the likes of Elliot now and tell what is the right valuation, they killed a good deal
@fjkz it can't be 3 out if 4 because they didn't give until 2018 q2 earnings a fwd guidance due to pending acquisition. But Ricks bar is in big pressure. If he can't offer a good drink to the guests during the q3 earnings call end of October, investors will go to the next bar. Shame they spent after deal apart on 26th of July 6B$ buy back. That time stock was 110-ish. Now 75. If they didn't buyback it were maybe 30 now. They must do something to stop the bleeding. Spinoff sell or layoff. Don't forget that world trade getting worse due to trade war that's why many stocks go down for companies selling something in China
with the stock dropping again to $76, the Q3 report coming up in less than 2 weeks, and earnings misses for 3 out of the last 4 quarters, its more likely this stock will be under 75 very soon.
Asia team is promoting their s---ing auto parts in auto market by using low price policy now for attracting someone to buy them again.
NXP bought a company lately, looks like they are planning to use same way via buying a new company to attract other big companies to buy itself again
Relax, the 5B quota was depleted weeks ago. At mid Sep, NXP said that they already used 4 out of 5 B. Today they are out of bullets, maybe some leftovers in the 1B credit.... if any.
Well more than that. 8 years ago, they sold several business units each of which was 1-2B$ which reduced debt and improved financial perf. After that they did IPO. Now the same should happen. Another thing affecting the current throughput is the upcoming world crisis. WTO recently announced a correction of 30% in world trade because of USA China war, thanks to Donald. A lot of stocks are going down. N is one of them. Similar things happened in 2000 and 2008 but reason was different. Nevertheless massive layoffs happened everywhere. I expect huge layoffs within 1 year
It willl keep going down until lower $30 then management team can tell investors again saying they’re going to bankrupt to let investors selling out all of their shares in lower price. After Kicked all big investors out then borrow money to let price of stock rise again, this action can earn a big amount of money if you understand stock market.
Especially it happened 8 years ago
63 might happen. 77 already
I you work by charts the stock's new low mean it will break through the $80 mark next week.
Predicts a 3 month downward trend in the chart pricing it between $63 and $75 at the end of that period.
The $6B equals about 58 million shares and the average up/down trade volume is around 6.5 million/day so this stock has gone to crazytown, because the company can't buy at that pace.
Just 9 months ago the Elliot, one of the biggest investors, proposed 135$ instead of 110$ for the tender offer of Q. Now it is 80$ and god knows where it will stop. With 5B$ buyback and 1B$ bridge financing Rick's bar has probably its highest debt ever. Their 1B$ Bridge financing is very short-term with high interest rates, so the guys must do "something big" within 1 year, best before end of this year. Still no layoffs announced. The longer this takes, the bigger impact will be...