fcpgalltheway
9年前
$1.75" So the present price per units of 6 shares is now 1.75 compared to the 1.59 when I last posted.
According to the latest Scheduled D filed by the company ....“The aggregate percentage of Shares reported owned by each person named herein is based upon 44,288,668 Shares outstanding (for those not familiar with this company each unit that trades on the NASDAQ is made up of 6 ordinary shares, so when you multiply the 44 million by 6 you get the total number of outstanding shares in China which total 265 million) as of October 2, 2015, which is the total number of Shares outstanding, based on 265,732,006 ordinary shares of the Issuer outstanding, as reported in the Issuer’s Form SC TO-I/A filing with the Securities and Exchange Commission on...
I realize that the price per share now has fallen since my posting of Jan. 13, 2014 when the PPS was quoted at $2.84 but I believe that as long as the company generates profits and continues to reduce the shares outstanding, one of these days this stock will go up again...this seems to be one of the rare solid Chinese companies that will survive, and based on the present PPS could make a 50% or more profit on each shares in the near future...quite a difference from that FCPG whose CEO turned out to be a deceitful POS who abandoned shareholders and kept the company all to himself (I am sure that one day Wang will get the punishment that he deserves for his deceptive behavior).
fcpgalltheway
11年前
$2.50
This is one company that knows how to advertise and promote itself so that it can generate new business.
Unfortunately the PPS went up too fast from 1.50 dollars to 3 dollars and since then, no matter how good the news is, the price continues to stabilize within the range of its true value. The company has large cash assets but it also has a lot of shares outstanding. The market will decide when the true value has been reached. That is what happens when the "doubling effect" takes place too fast!
Company will participate in Global Sources' China Sourcing Fair - Electronics & Components from October 12 to October 15 at the Asia WorldExpo in Hong Kong.
Actions plans to host an interactive booth (No. 2D01, Hall 2) at the Fair to showcase its latest products and solutions designed for tablets and multimedia devices. Dr. Zhenyu Zhou, Chief Executive Officer of Actions Semiconductor, will lead the Company's sales and marketing team to meet with existing and potential customers at the Fair.
fcpgalltheway
11年前
$2.53...Here are some quotes from the last press release. They all sound positive and they always bring net profits for each quarter. The problem here is that with so many shares outstanding the profit per share is minimal--how do we correct that problem?? Does anyone believe that maybe this company waits until the price per share has gone down 50% or more before buying any shares--if they could buy 100 million shares at one dollar each that would be better than buying 50 million shares at 2 dollars!!
All I can see right now is that this stock cannot go any higher than it is now until the shares outstanding are reduced drastically by at least 100 million.
We expect rapid adoption of this new product, especially among domestic and international brand name customers," stated Dr. Zhenyu Zhou, CEO of Actions Semiconductor.
"Together with ATM7021, ATM7023 and ATM7029, the introduction of ATM7039 brings a more complete product offering to the tablet market that targets each segment, from entry level to high-end, and positions us to further penetrate the mobile Internet enabled multimedia market," added Dr. Zhou.
The company introduced ATM7039 at a press conference on September 25 at the Sheraton Shenzhen Futian Hotel.
fcpgalltheway
11年前
Sorry to disappoint you but I hope the truth shall set you free!!
The company shares that are being traded on the OTC market represent ADRs which represent 6 common stock share per ADR. Right now there are 68.49 million shares of ADRs outstanding. Each ADR represents 6 common stock shares. Therefore, if you multiply 68.49 million times 6 you will come up with the total number of outstanding common shares...410,940,000.
Now if you take the present PPS of the ADR of $2.34 and divide that by 6 you will come up with the PPS of the common stock if it was traded as an individual share...39 cents per share.
Although the company has a lot of assets, it has also a lot of liabilities and according with the latest Schwab data they calculate the "Enterprise Value $-34.6M" (that is at minus 34.6 millions).
Remember that as the company buys back shares it uses cash assets that reduce the cash available. The company is making an effort to reduce the number of shares with the profits that it makes but right now it has no positive book value at all based on over 400 million shares outstanding.
My feeling is that the stock was pushed to the high level of $3 in a hurry by speculation of bigger things to come and possibly by pumpers, not realizing that all the big millions of assets have to be divided by 410,940,000 common shares!!
fcpgalltheway
12年前
Hey CA, glad to see a poster here. To tell you the truth I noticed this stock just a fews weeks ago among a special list of Chinese stocks. What made me jump was the fact that in 3-4 months it had doubled, and more.
I also noticed the assets that it possesses and there is plenty of assets in CASH.I have not paid too much attention to other details about this stock for the moment because I am fully invested in the stock of another company--FCPG--and I simply cannot do anything about further investments. But you should look carefully at all those assets.
One more thing relating to trading activity. This is not really an actual share of stock that is being traded, instead this is an ADR which is the term used for foreign companies traded on US exchanges. But also, in response to your fear about lack of trading activity, you must remember that each ADR is made up of 6 shares of common stock. So when you pay 3.20 for one ADR you are really getting 6 shares of common. So on a day like today with 200,000 ADRs traded it is really 1.2 million shares that are changing hand. That is my interpretation.
fcpgalltheway
12年前
LOOK WHAT IS GOING TO HAPPEN TODAY.WHICH WAY IS THE PPS GOING TO GO?
ZHUHAI, China, April 18, 2013 /PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for portable consumer electronics, today announced that it will release financial results for the first quarter ended March 31, 2013, following the close of the market on Tuesday, May 7, 2013. The company will host a corresponding conference call and live webcast at 5:30 p.m. Eastern Time on that day.
Investors may listen to the live conference call by dialing 1-877-941-4774 or 1-480-629-9760 at 5:30 p.m. Eastern Time on May 7, 2013. An audio replay of the call will be available through May 17, 2013 by dialing 800-406-7325 or 303-590-3030 and entering access code 4614397.
*MARINE 1*
16年前
ZHUHAI, China, Jan. 13 /PRNewswire-FirstCall/ -- Actions Semiconductor Co., Ltd. (NASDAQ:ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today announced that it will release financial results for the fourth quarter and fiscal year 2008 ended December 31, 2008, following the close of the market on Wednesday, January 21, 2009. The company will host a corresponding conference call and live webcast at 5:30 p.m. Eastern Time (ET).
To listen to the live conference call, please dial 800-265-0241 (within U.S.) or 617-847-8704 (outside U.S.) and enter passcode 26795801 at 5:20 p.m. Eastern Time (ET) on January 21, 2009. An audio replay of the call will be available to investors through January 28, 2009, by dialing 888-286-8010 (within U.S.) or 617-801-6888 (outside U.S.) and entering the passcode 64308097.
A live webcast of the call will be available from the "Investor Relations" section of the company's website at http://www.actions-semi.com/.
About Actions Semiconductor
Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing, Shanghai, and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com/.
Investor Contacts: Lisa Laukkanen Jimmy Liu The Blueshirt Group Investor Relations at Actions Semiconductor 415-217-4967 +86-21-5080-3900*1211