Results today show revenues in 4th quarter up from $92.3M to $210M.
Total revenues up 97.5% y/y from $316.2M to $624.3M.
4th quarter shipment of 2,112,725 microinverters.
Gross profit up 176.5% from $28.2M to $77.9M
There was also $251.4M incash as of 31/12/19
Share price today up 39.01% @ $55.84 and rising. Time 18:00 hrs ,19/2/2020
Sales growth 130.84% from Stockopedia. 26M trades so far today.
700 club gold member. Anniversary yesterday 1/10/2013. Recently returned from New York with a wish to see Wall Street for myself as a bit of a satisfying accomplishment. I first got interested in investments when I was a financial advisor for 14 years. I learned a lot & went to quite a few investment seminars. The one I remember particularly was with Fidelity. They visited the companies that they invested in and held them for a long duration in their portfolios. The other thing was with different currencies that they could buy a particular stock with and of course sell it if it was favourable with another currency. This was potentially more risky of course. It was not long before I realised that all the money from the insurance premiums had to be invested and who was doing it. We used to sell investment bonds where 5% was allowed to be taken tax free once a year on the anniversary of the policy which could run for 20 years.There was a choice of Managed, Property, or Equity to invest into. It was at this point of time that the Property fund went up 40% in less than a year. A simple comparison with the Managed and Equity funds showed the difference. I was soon taking a keen interest in unit trusts and shares, looking for things that were going up and the highest that they had been and bought them. I bought a software package with Up-data which enabled me to be much more efficient, putting stop losses in. Drummed into my head was cut your losses and sell when a stock breached the stop loss and let the profits run. Another stepping stone was to buy myself a Rolls Royce silver shadow that was chestnut brown in colour. The reasons were threefold. 1. That I could afford it. 2. The two managers for the insurance company that I was working for were called Douglas & Rolls. 3. I was still single. As well as doing the insurance business I joined an investment club in Basingstoke and became their chairman. We closed it this year sadly because of ill health with some of the members. Now I have a portfolio that I am able to take out (if & when I want to some cash) just like the insurance bonds but much more flexible. I enjoy the technology stocks and have taken profits several times from Arm Holdings which is the only share that I have held for many years now. Having just got this Stockopedia yesterday (first saw it at an investment seminar in London earlier this year) when I noticed Dart Group (DTG) so that is now in my portfolio too. I suppose you could say I am an analyst & a chartist. It was good to see my portfolio already has Globo, , Blinks, Clingen ,Dart, Wanddisco, opay,Easyjet ,LLoyds Arm Telicom Plus(which has doubled and a bit more but then started to drop so I have just sold almost half and re invested the proceeds into ASOS.) In conclusion I hold about 20 shares, and have just INCREASED my holdings in Globo about two weeks ago, and noticed someone has reduced their holding with Globo to 3%.I hope they are not still holding the poor pawnbroker shares (guess who) -40% in one day followed by further catastrophic drop. A good case for a stoploss . Join the 700 club and put some money to work I say. more »
Hi cafcash49, There is nothing wrong from taking some profits, or top slicing.
The estimated gross margins are expected to be between 36% - 39%. There is also a $0.88 dividend possibility this year, but not confirmed yet.
Also the EPS is increasing, which is an important factor to take into account when it affects the share price movement with a positive move. This was discussed at our shareholder meeting yesterday together with fibonacci retracement and reverse divergence.
ALT (US) has shot up Friday 110%. Normal trades 467K but Friday saw a staggering 26M shares traded.
This is a healtcare share with clinical - stage immuatherapetutic company that could help with this flue virus. Worth watching and seeing what happens on Monday! Certainly a lot of interest in this particular share right now. It is on my watchlist ready to act on it if it moves again in the right direction.
