Day: July 26, 2007

Categories
Stocks

A good quarter from CROX

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Last Updated on July 30, 2007 by stlplace

Here is the results (details from business wire). I will add more after listening to its conference call.

— Second Quarter Revenues Increased 162% to $224.3 Million vs. $85.6 Million Last Year (analyst expected 188.49 to 204.20)

– Company Reports 2Q07 Diluted EPS of $0.58 vs. $0.19 Last Year- (analyst est. 0.40 to 0.48)

— Company Issues 3Q07 Guidance of Revenues between $240 and $250 Million and Diluted EPS of $0.58 to $0.62 –

— Company Raises FY07 Guidance to Revenues of $810 to $820 Million and Diluted EPS of $1.89 to $1.93 –

Continue reading “A good quarter from CROX”
Categories
China Stocks

Perfect World IPO

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Last Updated on July 26, 2007 by stlplace

I read this from Netease: Perfect World, a Chinese online game co., will debut in Nasdaq under ticker symbol PWRD tomorrow July 27.

Here is the prospectus from SEC. The company was not profitable in 2005, and 2006, but it turned corner in Q1 2007. It seems other Chinese online game companies are also coming because the market started to warm up to SNDA, NCTY etc, and the craziness of Wii.

I’m not a gamer, and I’m packing for back to home trip. So I will leave the analysis to experts.

Categories
Stocks

Lots of conference call

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Last Updated on July 26, 2007 by stlplace

I need to listen to the following calls because I hold those stocks.

Today: CROX, I don’t want to speculate on this one…too much buzz lately.

Next week
07/31: SNIC, have no idea.

08/01: SBUX, the expecation is more reasonable this time, I don’t expect block buster quarter but I think they should be OK (better than PNRA, maybe?)

08/02: GSIT, they blew up their very first quarter since IPO last time, hope they don’t disappoint this time. Their biggest customer, Cisco, has been strong lately.

The week after:
08/06: MR, I expect solid growth in the US sales; I have no idea about China.

08/07: HLYS, street expectation is low; they blew last CC because of the secondary offering thing. I expect some upside surprise.

Categories
Stocks

Got some Heelys again

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Last Updated on July 26, 2007 by stlplace

Yeah, I know it’s risky, because I’ve been there. But I’m not insane. I think the recent sell off is a bit over done, at least from my store checking: Dick’s Sporting Goods, Finish Line and Sports Authority are displaying new Heelys for “back to school” season. I assume those guys don’t just put there for show, I think they do want to sell the shoes and make money instead.

Earnings:
The company is due to report its Q2 earnings on August 7.

CEO Interview:
Adarsh did an interview with its CEO and posted in his blog. By the way, CEO Mike Staffaroni has worked for LA Gears (a fashion sports shoes co.) in 90s, and hopefully he and his team learned lessons from the boom and bust of LA Gears, and make Heelys a long term success.