🏴‍☠️ SILICON MOTION TECHNOLOGY USD (SIMO-USD)

15 Comments

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COMMUNICATIONS & NETWORKING | COMPUTERS, PHONES & HOUSEHOLD ELECTRONICS | ELECTRONIC EQUIPMENT & PARTS | OFFICE EQUIPMENT | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | SOFTWARE & IT | TELECOMMUNICATIONS

15 thoughts on “🏴‍☠️ SILICON MOTION TECHNOLOGY USD (SIMO-USD)”

  1. SIMO is “In Play”

    Silicon Motion raises Q3 revenue and gross margin guidance:

    • Co issues raises guidance for Q3 (Sep), sees Q3 (Sep) revs of within 5% higher than $108 mln or $108-113.4 mln from $104-108 mln prior guidance vs. $105.10 mln S&P Capital IQ Consensus.
    • Gross margin (non-GAAP) is expected to be near the high-end of the company”s original guidance range of 48.0% to 50.0%.

    SIMO, (Trade) has been upgraded by Nomura as a neutral.

  2. SIMO is “In Play”

    Silicon Motion beats by $0.12 and guides Q4 revs above consensus:

    Reports Q3 (Sep) earnings of $0.69 per ADS, excluding items, $0.12 better than the S&P Capital IQ Consensus of $0.57; non-GAAP net sales were $113.2 mln GAAP net sales fell 20.3% year/year to $110.5 mln vs the $112.08 mln S&P Capital IQ Consensus.

    Co sees Q4 GAAP and non-GAAP net sales of $133-139 mln vs. $125.09 mln S&P Capital IQ Consensus; non GAAP gross margin of 48.5-50.5%, and non GAAP op margin of 21.6-24.6%

    “In the fourth quarter, we expect sales of both our SSD controllers and eMMC+UFS controllers to strengthen, and our SSD solutions sales to continue recovering. Sales visibility has improved considerably since earlier this year, and based on what we are seeing from our customers” procurement plans, our SSD controllers, eMMC+UFS controllers and SSD solutions are all expected to deliver solid growth next year.”

    SIMO, (Trade) has reported earnings of 0.69 per share versus last year’s earnings of 0.95 per share.

    Converted 100% of the SILICON MOTION TECHNOLOGY USD (SIMO-USD). Investment Money via ROBINHOOD at approximately 39.98. (Shares: 1) generating about +‭6.9842119347069842119347069842119% of NEW Commission FREE Cash Reserve.

    Converted 100% of the SILICON MOTION TECHNOLOGY USD (SIMO-USD). Trade Money via ROBINHOOD at approximately 39.98. (Shares: 1) generating about +‭‭5.2659294365455502896261190100053‬% of NEW Commission FREE Cash Reserve.

    Acquired SILICON MOTION TECHNOLOGY USD (SIMO-USD). via ROBINHOOD at approximately 41.19. (Shares: 1) bringing the Average Price Paid (APP) to about 41.19.

    https://www.facebook.com/groups/493863300973045/permalink/861375927555112/

  3. #SIMO IS IN PLAY

    Adjusted Multiplier to 13. from 12.

    Adjusted Buy Stop to 48.40. from 45.98.

    Adjusted Sell Stop to 47.96. from 45.58.

    Acquired at approximately 45.98. (Shares: 12) bringing the Average Price Paid (APP) to about 45.98.

    Converted 100% of Investment/Trade Money at approximately 45.58. (Shares: 2) generating about +‭7.705% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/permalink/861375927555112/

  4. #SIMO IS IN PLAY

    Adjusted Multiplier to 13. from 12.

    Adjusted Buy Stop to 48.50. from 51.19.

    Adjusted Sell Stop to ASSESSING. from 50.26.

    Acquired at approximately 51.19. (Shares: 12) bringing the Average Price Paid (APP) to about 51.19.

    Converted 100% of Investment/Trade Money at approximately 50.26. (Shares: 24) generating about +6.5057% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/permalink/861375927555112/

  5. #SIMO IS IN PLAY

    Adjusted Multiplier to 26. from 13.

    Adjusted Buy Stop to ASSESSING. from 47.83.

    Acquired at approximately 47.83. (Shares: 13) bringing the Average Price Paid (APP) to about 49.1203.

    Transferred 100% of Trade Money to Investment Money (Shares: 38) bringing the Average Price Paid (APP) to about 49.1203.

    OPTIONS ASSESSMENT:
    SIMO SEP 18 2020 $75.00 CALL
    SIMO SEP 18 2020 $15.00 PUT

    https://www.facebook.com/groups/493863300973045/permalink/861375927555112/

  6. #SIMO IS IN PLAY

    If you like to make money, then do what I do; not what I say

    Adjusted Multiplier to 22.153928. from 26.000000.

    Adjusted Buy Stop to 45.14. from ASSESSING.

    Adjusted Sell Stop to ASSESSING. from ASSESSING.

    Acquired at approximately ASSESSING. (Shares: ASSESSING) bringing the Average Price Paid (APP) to about ASSESSING.

    Transferred 100% of Investment Money to Trade Money (Shares: 38.000000) bringing the Average Price Paid (APP) to about 49.12.

    Converted 100% of Investment/Trade Money at approximately ASSESSING. (Shares: ASSESSING) generating about +ASSESSING% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/?post_id=861375927555112

  7. #SIMO IS IN PLAY

    Multiplier (X) to 22.499076. from 24.804313.

    Buy Stop Limit (BSL) to 44.45. from 39.46.

    Sell Stop Limit (SSL) to 41.54. from XXXX.

    Converted Cash Reserve (CR) to Trade (T) at approximately 39.46. (Share: 24) bringing the Average Price Paid (APP) to about 45.3178.

    Converted Trade (T) to Investment (I) (Share: 27) bringing the Average Price Paid (APP) to about 40.5334.

    Just to reiterate, I placed the following order(s):
    + Buy 22. Shares @ Limit Price: 44.45.
    + Sell 27. Shares @ Limit Price: 41.54.

    https://www.facebook.com/groups/493863300973045/permalink/861375927555112

  8. #SIMO IS IN PLAY

    Multiplier (X) to 1.691677. from 22.499076.

    Buy Stop Limit (BSL) to 49.52. from 44.45.

    Sell Stop Limit (SSL) to 48.09. from 41.54.

    Converted Cash Reserve (CR) to Trade (T) at approximately 44.45. (Share: 22) bringing the Average Price Paid (APP) to about 46.7113.

    Converted Trade (T) to Investment (I) (Share: 79) bringing the Average Price Paid (APP) to about 45.1377.

    Just to reiterate, I placed the following order(s):
    + Buy 1. Shares @ Limit Price: 49.52.
    + Sell 106. Shares @ Limit Price: 48.09.

    Data:
    http://xiimm.net/collective/2021/01/17/silicon-motion-technology-usd-simo-usd/

    Graphics:
    http://xiimm.net/collective/simo/

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