mikazo Posted January 13, 2014 Author Share Posted January 13, 2014 Anyone know why KLIC is down almost 7% today? I don't see any news stories on Google Finance or Yahoo Finance. Link to comment Share on other sites More sharing options...
gfp Posted January 13, 2014 Share Posted January 13, 2014 Could be as simple as the CEO selling 10% of his shares in the open market the last few days. Link to comment Share on other sites More sharing options...
xtreeq Posted January 14, 2014 Share Posted January 14, 2014 The CEO went from 567,040 shares to 517,540 shares. http://www.sec.gov/Archives/edgar/data/56978/000005697814000019/xslF345X03/wf-form4_138919122869369.xml http://www.sec.gov/Archives/edgar/data/56978/000005697814000021/xslF345X03/wf-form4_138919137147401.xml Link to comment Share on other sites More sharing options...
Phaceliacapital Posted August 27, 2014 Share Posted August 27, 2014 Buyback of +/- 10% of market cap. Hopefully this evidences to investors that their cash balance is not dead money... Link to comment Share on other sites More sharing options...
yadayada Posted August 27, 2014 Share Posted August 27, 2014 recent VIC write up Ultimately, the misconception about technology risk is based on the false assumption that larger nodes will be discontinued and wire bonding will become obsolete. This is eminently false, with the reality being that smaller chip sizes are more expensive to produce, with no reason to be implemented where it’s not needed – to reiterate management’s parable, “why would you put a $17 processing chip in an otherwise $5 alarm clock?”. Additionally, with natural IC unit growth over time, combined with trends, such as “internet of everything”, the amount of “simple” semiconductor chips in demand should continue to increase at a small but steady rate over the long term. Link to comment Share on other sites More sharing options...
Phaceliacapital Posted August 27, 2014 Share Posted August 27, 2014 Haha screw VIC, I wrote KLIC as an idea one and a half years ago and they didn't want it, now it's on there with the same premise?? Give me a break Link to comment Share on other sites More sharing options...
kab60 Posted July 15, 2015 Share Posted July 15, 2015 Writeup from April: http://www.valueinvestorsclub.com/idea/KULICKE_and_SOFFA_INDUSTRIES/136566 Since then stock has fallen from ~16 USD to 11,5. I don't get it. Marketcap of ~900m, but loaded with cash so EV of 300m (though cash seems to be overseas so there would be a tax cut if repatriated). I understand it is cyclical but ttm EBITDA~100m. Link to comment Share on other sites More sharing options...
Jurgis Posted July 15, 2015 Share Posted July 15, 2015 KLIC is supercyclical and it usually goes really low when cycle goes against it. If you can catch it at a low, you can make multi-X. But it can go much lower than you usually expect. Good luck. I am not playing this field anymore - last time I did it was something like 199X-2002 or so. ;) Link to comment Share on other sites More sharing options...
kab60 Posted July 16, 2015 Share Posted July 16, 2015 Thanks for the warning, Jurgis. It is good to learn from ones own mistakes but almost as valuable to learn from others'. I don't know a lot about the semiconducting industry so I'd prefer to buy at a level where I don't need to. Not sure if we're there yet, but I figure it can't be too far off with all that cash. That said, they could return more to shareholders. 25m is measly. Link to comment Share on other sites More sharing options...
kab60 Posted September 10, 2015 Share Posted September 10, 2015 Anyone getting interested? They just reduced Q4 guidance to revenue around 100-110m (but they get a tax benefit of 20m). Marketcap 686m, NCAV of 580m. I don't know too much about the company nor the industry, so I'd like to see some insider buying or increased share buyback, but just thought I wanted to bump. Link to comment Share on other sites More sharing options...
Phaceliacapital Posted September 11, 2015 Share Posted September 11, 2015 Maybe I'll jump in once I'm convinced by their capital allocation.. Link to comment Share on other sites More sharing options...
kab60 Posted September 11, 2015 Share Posted September 11, 2015 They tend to screw up? Seems like they've been bad at acquisitions, is that what you have in mind? Link to comment Share on other sites More sharing options...
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