kommt das Businessupdate. Ich bin da optimistisch, das es dort Positives oder zumidest Beruhigendes zu vermelden gibt. Die Fasthalbierung des Kurses in den letzten Tagen, nur weil die neuen IPhones nicht Saphirdisplays haben, ist maßlos übertrieben. Außerdem ist ein "Horrorszenario" ja inzwischen eingepreist :-) http://investor.gtat.com/releasedetail.cfm?ReleaseID=874341
It is imperative that GTAT address 2014 guidance, the Mesa sapphire plant ramp and the status of the final prepayment from Apple (NASDAQ:AAPL). Additionally the timing is right for GTAT to briefly touch upon its 2015 guidance and give investors and analysts a status update on the pending sales orders associated with Hyperion and Merlin......
The Big Picture Supports Apple And GTAT's Long-Term Successful Partnership
Apple has invested $578m into GTAT in the form of an interest-free loan to fund the equipment build out to operate the Mesa, AZ, sapphire facility. Apple also paid $113m to buy a 1.3m square foot facility from First Solar (NASDAQ:FSLR) and has invested another $1B plus of capital equipment into the Mesa building and the supply chain.
In addition to the billions of dollars invested by Apple and hundreds of millions spent by GTAT to buy equipment and hire 700-plus employees, there are political reasons why Apple and GTAT need this project to be successful. Apple spent years looking for the right site to build this facility before deciding on Mesa, AZ. The city of Mesa incentivized Apple with tax breaks to land a deal. The sapphire plant in Mesa is expected to generate more than 102 million in tax revenue over five years in addition to creating over 700 quality manufacturing jobs.
und schon steigt sie um 9,5%,weil natürlich klar sein sollte,dass Apple sicher nicht 500 Millionen in den Sand gesetzt haben wird und weil man vermutet ,dass die verschobene Konferenz nur Gutes bedeuten kann
......The request also indicates that Apple is likely to expand its Mesa sapphire growing operations over the course of several large phases. Running at full capacity, the Mesa facility at its present size could cover all iPhones and the iWatch. Apple?s plans with GTAT clearly go far beyond just these two products. An expansion on this scale supports my contention that Apple intends to use sapphire on the iPad, the MacBook and all its mobile devices as well as the introduction of LED displays across Apple?s iDevices......
: Apple Watch Production to Begin in January
Brian Blair with Rosenblatt Securities today opines that production by Apple (AAPL) of its Apple Watch smartwatch has been delayed yet again, from a prior plan to start in November to now perhaps starting in January.
Blair thinks this means the Watch cold formally debut, in limited quantities, by February.
Blair doesn?t say what sources he has for the production time frame, though his notes have over the years tended to glean data from multiple contacts he or the firm has with supply chain individuals. Blair notes that much of this year, he?d expected a September production start, then it slipped to October, then November, and now to January.
Blair thinks that InvenSense (INVN), Broadcom (BRCM), GT Advanced (GTAT), and Integrated Device Technology (IDT) are all suppliers for the watch, he believes. Blair thinks an initial volume of production could be 15 million, units, writing ? We believe this is what suppliers into the watch are preparing in inventory for shipment to Quanta, who will be manufacturing the watch.?
GT postponed its business update until next week. Analyst estimates continue to fall. Stock hit single digits Thursday as investor worries build.
Well, unfortunately for those who were eagerly awaiting the news, you're going to have to wait a bit longer. On Thursday, the company announced it was postponing the update until next week. Further details will come. I can tell from the comments in my latest article that suspense had been building. Additionally, it seems as if investors have been getting more and more worried as the week went on, with a lack of news coming from the company.
We've also seen revenue estimates tumble further. Just in the past couple of days, the 2014 revenue average has dropped from $501 million to $478 million, and the 2015 average is down from $944 million to $898 million. EPS estimates have not changed since my prior article.
On Thursday, shares dropped into the single digits before rebounding. Despite the postponement of the business update, shares started to rally in the early afternoon. It appears that there may have been a bit of short covering, which pushed the name up towards $11 a share. Remember, this stock was just below $19 about five weeks ago, so the pop on Thursday afternoon could easily be shorts taking some profits as shares traded under $10. I will return next week when the company updates us on the state of the business.
Größter Mitbewerber von Centrotherm... schön und gut. Aber Umsatz im Solargeschäft haben die schon lange fast keinen mehr gemacht. Hier war jetzt das neue Glas für Handys und Tablets von Relevanz (siehe Kooperiation mit Apple).
Ich bin echt gespannt wo sich hier der Boden bildet.
The end of quarter update was expected last week, but the company decided to delay the announcement until this week. It was unclear at that point why this delay occurred, and on Monday, we found out why, and the news is completely shocking.
The sapphire company, which is expected to be a supplier for Apple's (NASDAQ:AAPL) iWatch, filed for Chapter 11 bankruptcy protection. This news was completely out of left field, as the company was expected to receive another payment from Apple this month. The following statements from the company detail what's going on:
"GT has a strong and fundamentally sound underlying business," said Tom Gutierrez, president and chief executive officer of GT. "Today's filing does not mean we are going out of business; rather, it provides us with the opportunity to continue to execute our business plan on a stronger footing, maintain operations of our diversified business, and improve our balance sheet.
"We are convinced that the rehabilitative process of chapter 11 is the best way to reorganize, protect our company and provide a path to our future success. We remain committed to our roots in innovation and our diversification strategy. We plan to continue to operate as a technology leader across our core set of businesses."
As of September 29th, the company had approximately $85 million in cash. GT is now seeking debtor-in-possession financing, which would provide an immediate source of funds. The company will look to reorganize, as the press release details that the company needs to "resolve its issues". Whatever these issues are, investors were completely blindsided, as this company seemed to have an extremely bright future just last week.
GT shares obviously plunged on the news, and would seem to be completely worthless now. Investors that were hoping for large gains are now saddled with a tremendous loss. In my three plus years at Seeking Alpha, I don't think I've seen something as surprising as this. ..The sad part is that even with shares down 85% at this point, they could head a lot closer to $0.
mannoman bin ich froh dass ich nicht wieder rein gegangen bin.Das ist absolut unerwartet und dann noch 89% minus ! Jetzt wird es erst mal Downgrades rasseln -und die Shorties werden Kasse machen
wahrscheinlich werden die Aktienbesitzer einen Haircut kriegen Summary
The surprise bankruptcy doesn't bode well for equity holders even if the restructuring is a success. With $85 million in cash, equity holders will likely be wiped out in a restructure. The true chance to profit is likely in the purchase of trade claims or secured senior debt, securities which retail investors cannot easily access......
....it remains unclear as to what will happen to current equity holders. There is a near-complete lack of information as to what exactly led up to this bankruptcy and as to how the company intends on achieving profitability. With over $1 billion in liabilities, the chances that current equity holders will retain any value after the prior claims are satisfied remains low. Even if some value is retained, current equity holders will almost certainly be severely diluted......... http://seekingalpha.com/article/...om-gt-advanced-technologies-equity
die Welt ist einfach ungerecht. Man stele sich vor man hätte GTAT bei $20 geshortet und heute gecovert. Gerade diese Saubeutel mit Ihren unsportlichen Handelstechniken machen soooo einen Reibach. Ich habe auch drei Kreuze gemacht das ich Anfang des Jahres bei bei $14 raus bin nach Verdoppelung. Und da habe ich mich noch geärgert das es noch so weit höher ging. Krasses Ding. Bin mal auf den Schlusskurs gespannt.
Ob der Release der Apple Watch, der für Frühjahr 2015 geplant ist, durch die finanzielle Schieflage von GT Advanced beeinträchtigt wird, ist derzeit noch nicht klar. Fakt ist jedoch, dass Apple mit GT Advanced nur einen einzigen Zulieferer für das Saphirglas besitzt. Bereits im Vorfeld sorgten Apples strenge Qualitätsanforderungen für Engpässe. Das Saphirglas kommt bei der Apple Watch und der Apple Watch Edition zum Einsatz. Zudem verbaut Apple das Material bei den Kameraabdeckungen sowie den Touch ID Fingerabdruckscannern der iPhone-Serie.
Sollte der Betrieb bei GT Advanced tatsächlich weiterhin reibungslos verlaufen, bleibt es vermutlich auch beim geplanten Release der Apple Watch. Sollten Probleme auftreten und der Termin in Gefahr geraten, hätte Apple sicherlich auch die Mittel, GT Advanced einfach zu übernehmen und die Produktion selbst fortzuführen.