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SEOUL, May 22 (Reuters) - The head of British chip designer ARM Holdings Plc on Tuesday shrugged off concerns that Europe's debt crisis may hit global consumer demand and sales of smartphones and tablets. 'It's very difficult to connect the two (Europe's crisis and the impact on ARM's business) ... I find it impossible to believe the EU financial crisis will not have some impact on consumer spending,' ARM Chief Executive Warren East told reporters in Seoul on the sidelines of a forum. 'However, in our experience, ARM's royalty tends to outperform the growth of the underlying semiconductor industry. Even this year, we look forward to 35 percent growth in smartphones and very strong, much higher growth in tablets. ARM technology is getting designed in those places, which still have very strong growth, in spite of the European financial crisis.' ARM, whose technology powers Apple's iPad and iPhone, designs the low-energy processors found in nearly all smartphones, tablets and a host of other devices.
Perform Group, the British sports rights group, jumped 21.6p to 330.1p on news of its €70million purchase of Swiss-based real-time sports data business RunningBall, which licenses data for around 35,000 events to in-play sports betting companies. Numis lifted its target price to £4 from 355p.
A ll shares are down, there is nothing wrong with SHFT it is just following the market. 90.25p now holding rather well
Calxeda Shows Ultra Low-Power ARM Server Prototype Calxeda’s prototype server, powered by its EnergyCard compute blades and running Ubuntu Linux and a LAMP stack, adds to the growing competition between ARM and Intel . On May 10, 2012 by Jeffrey Burt eWEEK USA 2012. Ziff Davis Enterprise Inc. All Rights Reserved. 1 Calxeda is adding to the burgeoning competition between Intel and ARM Holdings with a demonstration this week of an ARM-based server running a Linux operating system. Calxeda, which last autumn announced a partnership with Hewlett-Packard to develop very low-power systems running on ARM-based processors, on 7 May showed off the prototype server powered by its EnergyCard compute blades at the Ubuntu Developer and Cloud Summit in Oakland, California. The system ran the Ubuntu 12.04 operating system, running a LAMP (Linux, Apache, MySQL, PHP) software stack running the company’s website, as well as other software, including Ruby-on-Rails. Step forward Karl Freund, Calxeda’s vice president of marketing, said the demonstration was a significant step forward for the ARM-in-servers push, and said more such demonstrations were on the way, with end-user shipments starting in four to eight weeks and volume shipments from HP and other vendors this fall.
Wed 4:10 am by Philip Whiterow adds detail, broker comment Mining engineer Shaft Sinkers (LON:SHFT) has picked up a key contract to drill the mine shaft as the huge Rampura Agucha mine in India goes underground. Hindustan Zinc, part of the Vedanta Group (LON:VED), owns the zinc, lead and silver open pit mine located in the Bhilwara district in the state of Rajasthan, western India. The contract will see Shaft Sinkers dig the main shaft as well as the north and south ventilation shafts. It is Shaft Sinker’s second contract in India, following work on the Teesta Urja hydro electric dam, though it is the first time the company has pitched Vedanta. The Rampura Agucha mine has been producing since the early nineties and is one of the largest open pit mines in the world. The US dollar-based contract commences immediately and is scheduled to complete in 2017. "The contract is in line with management expectations for new works to be secured during the year," Shaft Sinkers said, which is targeting projects in India and the CIS to diversify away from its traditional South African mining base. Last month, it said it had £1 billion worth of tenders or price submissions outstanding on ten projects, which it said was a very high level. Including total revenue from the contract, the order book now stands at £401 million. Orders at the December year-end stood at £301 million including a contract with EuroChem that has now been cancelled. Alon Davidov, Shaft Sinkers' chief executive, today added: "This is a significant development for Shaft Sinkers and an important step in our international growth strategy. The contract award from Hindustan Zinc Limited is particularly pleasing, given its dominant position in India and the potential future opportunities that may arise." The South African firm's other current projects include the Shaft 16 and 17 complexes for Impala Platinum, Leeukop for Afplats, the Styldrift project for Anglo Platinum and Royal Bafokeng Resources, Karee 3, Hossy and Saffy for Lonmin and the Hernic Ferrochrome project and Moab project for AngloGold Ashanti. Broker Westhouse added that the new contract helps to underpin its forecasts at this juncture of the financial year and will go some way towards rebuilding the group’s international reputation. “In spite of the share price reaction since the release of full year results recently we believe the stock remains undervalued, trading at a material discount to the global mining services peers, on an FY 2012E P/E of 6.4 times and continuing to offer a dividend yield of 7.6 per cent." Shares today rose by almost seven per cent to a three-month high of 101.5 pence. Westhouse reiterated its 170 pence share price target price and kept its ‘strong buy’ recommendation.
May 10 (Reuters) - ARM Holdings PLC: * Seymour pierce starts ARM Holdings with buy For a summary of rating actions and price target changes [3 Minutes Ago]
Shaft Sinkers chosen for Vedanta's Rampura Agucha expansion. 8:09 am by Philip WhiterowInlcuding total revenue from the contract, the order book now stands at £401 million. Mining engineer Shaft Sinkers (LON:SHFT) has picked up a key contract to drill the mine shaft as the huge Rampura Agucha mine in India goes underground. Hindustan Zinc, part of the Vedanta Group (LON:VED), owns the zinc, lead and silver open pit mine located in the Bhilwara district in the state of Rajasthan, western India. The contract will see Shaft Sinkers dig the main shaft as well as the north and south ventilation shafts. The mine has been producing since the early nineties and is one of the largest open pit mines in the world. The US dollar-based contract commences immediately and is scheduled to complete in 2017. "The contract is in line with management expectations for new works to be secured during the year," Shaft Sinkers added. Last month, it said it had £1 billion worth of tenders or price submissions outstanding on ten projects, which it said was a very high level. Including total revenue from the contract, the order book now stands at £401 million. Orders at the December year-end stood at £301 million including a contract with EuroChem that has now been cancelled. Alon Davidov, Shaft Sinkers' chief executive, today added: "This is a significant development for Shaft Sinkers and an important step in our international growth strategy. The contract award from Hindustan Zinc Limited is particularly pleasing, given its dominant position in India and the potential future opportunities that may arise." The South Afrcian firm's other current projects include the Shaft 16 and 17 complexes for Impala Platinum, Leeukop for Afplats, the Styldrift project for Anglo Platinum and Royal Bafokeng Resources, Karee 3, Hossy and Saffy for Lonmin and the Hernic Ferrochrome project and Moab project for AngloGold Ashanti.
May 07 2012 Today's Trending Stocks ARM Holdings plc (NASDAQ:ARMH): Piper Jaffray views shares of ARM Holdings as compelling and said it would be aggressive buyers of the stock at current levels. The firm sees a number of catalysts for shares over the next several quarters and keeps an Overweight rating on the name with a $34 price target
Read most fo your posts, not only the ones posted here but even those relating to other shares. You only write things which are against the company you are commenting on. eg. downgrades, director sells, share price too expensive etc. Does it give you pleasure letting us shareholders know that in your opinion we are fools to hold such shares ? Do you hold any of the shares you write about ? If you do not hold any of these shares please get of these boards we do not need your opinion. We do not need people like you, people who write with the sole purpose of frightening off investors.
It is worth being aware of AZ Electronic Materials (AZEM), a specialty chemicals and materials supplier to the electronics industry, which is much less followed than microchip companies such as ARM Holdings (ARM) or Imagination Technologies (IMG) but still offers exposure to growth in consumer and business electronics. A "must have" buying mentality for various items has sustained demand, as shown by soaring first-quarter results from Apple (AAPL). With mass markets such as China opening up, this looks one way to beat sluggish industries elsewhere. AZ's chemicals and materials are used in integrated circuits and devices, flat-panel displays and LEDs - hence long-term gearing to the diversity of electronic products emerging. Possible reasons for low investor interest are a short-term record on the stockmarket (since floating in autumn 2010), reporting in US dollars and offices in Luxembourg, Hong Kong and London. It is quite as if AZ is a foreign company, there being no Company REFS entry and scant bulletin board discussions, yet this is an industry leader. About 70% of sales and nearly 80% of AZ's profit derives from the semiconductors side, mainly chemicals used in their manufacture. The optronics division involves mainly "photoresists", which are light-sensitive materials used to make flat screens. About 80% of sales go to Asia as the world's main manufacturing region, although volumes ultimately depend on demand for consumer electronics globally. Rapid innovation has made electronic devices ever more complex with additional layers within microchips needing treatment with AZ's chemicals - as shown by sales increasing faster than chip volumes. The 2011 income statement at end-February showed a 16% rise in revenue to $791.8 million (£487.4 million) with operating profit up 18% to $150.7 million. Meanwhile finance costs have been transformed, down from $216.5 million (the previous year) to $26.7 million, enabling $125.6 million pre-tax profit on continuing operations - with earnings per share of 25.3 cents. An additional $8.8 million gain from cash flow hedges and $21.5 million exchange differences on currency translations boosted net profit to $125.8 million. The latest, 27 April interim management statement cites a 4-5% reduction in like-for-like revenue during the first quarter of 2012, repeating the end-2011 trading conditions, although in April the businesses are said to be "performing well". With customers increasing wafer capacity and utilisation, this is expected to be a positive influence in the second quarter and beyond, for integrated circuits, and in flat-panel displays an upturn in user market and new products are anticipated.
Investors Chronicle Signs are good for AZ By Lee Wild, 30 April 2012 A history of outperforming the market during an upturn makes AZ one to own
.ARM has multiple types of chips but the company scales very efficiently. It can design one chip and sell the design, and the more manufacturers and users using the same design the cheaper the design becomes as the cost of the design is split over more and more licensees. This is a great business model, as it benefits everyone to grow the ARM user base. Therefore as the user base for ARM increases, the more valuable ARM becomes. While the scale of the entire industry is important, the scale within the company is also a massive advantage. Because the costs for the company are relatively small and flexible, mainly R&D and selling costs, the more designs it licenses the more it uses its operating leverage to earn profits. The company is also very well positioned to continue growing. As smartphones and tablets and other small electronics are driving the need for small, simple and efficient chips, ARM is catering to the sector as it has an approximate market share of 95 percent in tablets and smartphones. We can see that ARM is also having an impact on companies which have typically shyed away from ARM and are now seeing more possibilities with ARM infrastructure. Microsoft for example has built Windows 8 for both ARM and x86 infrastructure, which is a first for the company as it has always relied on its Intel relationship and x86 infrastructure. The growth of more mobile platforms is changing long standing relationships and ARM is well positioned for this.
hold on you will not regret buying SHFT wait for the next RNS and the sp will move up
such a good company which can go far in my opinion and it seems that few follow this share,
Perform said Q1 revenue is up 45 pct and it is on track for year
Perform Joint CEO Oliver Slipper commented, "This is an exciting integration. We believe that making livesport.tv available through Facebook presents a great opportunity to build our subscriber business and increase our VOD audience. Our focus with Facebook will be to use the targeted advertising to communicate with niche fans around the world looking for special interest live sports content and use the in-built virality of the platform to target the hundreds of millions of sports fans on Facebook to share our VOD sports content and drive video views globally."
Perform launches livesport.tv on Facebook Indiantelevision.com Team ( 30 April 2012 5:29 pm) MUMBAI: International digital sports media company Perform has launched video on demand service livesport.tv on Facebook which will also see the integration of its more than 50 channels on the platform. The channels include a range of live and VOD content from a number of leading sports competitions including European and South American leagues, World Snooker, Australian Rules Football (AFL), PSA squash, Mixed Martial Arts, Handball, Darts, Hockey, Tennis, Rugby Union, Rugby League and Pool plus a number of one-off box office sporting events from sports such as Boxing. All video on demand content will be available for free, whilst payment for the livesport.tv subscription service will initially be managed through PayPal or via credit card, with localised pricing starting from £2.99 per month dependent on the sport. Facebook credits are expected to be introduced in the coming months. Livesport.tv will use Facebook's targeted advertising to reach potential subscribers for each sport. The livesport.tv platform will also be made available for other sports content owners to distribute their live and highlights content to targeted groups of connected fans globally.
Did you give up on ARM ? You were the " King " of this board once. Can you let us know your take on the present situation ?
I do agree with you and I would also be happy if they hand out a dividend, but I believe in the company and I am sure that shareholders will be rewarded. The share price hs been moving up , so no dividend but we get capital gain. I also believe that with the Olympics, Perform Group will get a share in the " business ". There are many who like to follow sports and Perform gives them this opportunity. This new integration with Facebook is also a big plus. It has put the Perform platform in the hands of Facbook's 845m users. Some of the sports clips will be available for free but others will be against payment, a new form of revenue for Perform . As you pointed out the deal with LG will also prove to be good for the company. Lastly do not forget that Sky must be following all these developments. This is what Credit Suisse had to say about the company. . Russian-American billionaire Len Blavatnik, who paid £41m for a pied-a-terre in Kensington Palace Gardens in 2007, holds a controlling stake in Perform Group which was floated on the London Stock Exchange in April 2011 at 260p. He has watched the stock collapse to a low of 145p but bounce back strongly recently after Credit Suisse, the lead bank which brought the company to market, advised clients that it could now become a takeover target. Shares of the digital media company, which provides live footage of sporting events via internet-enabled digital platforms, yesterday jumped a further 20p to 305p as analysts suggested a major media group would have to pay north of £4 a share to swallow Perform
PER is in my opinion a great company. The share price will go much higher, sports fans are in their millions. Pity not many seem to be following it.