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Post by magnus123 on Jul 29, 2020 20:43:53 GMT
Can you listen to the CC, Jham?
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Post by JHam on Jul 30, 2020 1:05:29 GMT
Can you listen to the CC, Jham? Sorry I couldn’t listen to the call. Not sure if anyone else did. I’m hoping the transcript will be published soon.
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Post by magnus123 on Jul 30, 2020 13:19:25 GMT
What is going on now??? Mars rover?
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Post by JHam on Jul 30, 2020 13:25:47 GMT
What is going on now??? Mars rover? What do you mean?
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Post by magnus123 on Jul 30, 2020 13:27:07 GMT
What is going on now??? Mars rover? What do you mean? Look PM. Big volume and up above $2.50 again.
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Post by JHam on Jul 30, 2020 13:29:43 GMT
Look PM. Big volume and up above $2.50 again. Yeah, we knew they had a package in the Mars rover, so that’s old news. But I guess they are going to PR it after all: “At CPS, we're delighted and proud that we have been able to contribute to the NASA 2020 Mars Perseverance rover, which is scheduled to launch tomorrow morning, in just about 15 hours to be exact. The Perseverance rover contains an AlSiC module produced by CPS. We'll be issuing a press release with additional information after it's been approved by appropriate channels at the jet propulsion laboratory.“
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Post by JHam on Jul 30, 2020 13:36:55 GMT
I wonder that PR will happen. If he means today sometime or next week...
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Post by HR Farmer on Aug 1, 2020 22:20:58 GMT
Congrats to anyone who bought this one. I was hoping to get back in in the next few weeks, but it looks like it has left the low $2s for good. Never say never Nothing has changed with CPSH with regards to future earnings. That one big customer pulled a lot of business into the prior quarter to avoid disruptions makes sense and explains the lower volumes. Unexpected, but not a problem. What is interesting is that they still earned the same amount on ~20% less revenue YoY. That's a result of a more profitable product mix and higher pricing, which they have already announced and will carry forward. Another thing that will carry forward are larger contracted volumes with this customer and others. For a high fixed-cost operation like CPSH, that leverages into higher earnings out of proportion with increased revenues. In three months, I'll expect we'll have gone through the "Mars Lander" and "EV" hype cycles at least twice. Those are profitable, so do not fear to sell into froth. But once the next earnings have passed in 12 weeks, we will probably have left the lows $2 for good for real.
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Post by JHam on Aug 2, 2020 5:51:08 GMT
Congrats to anyone who bought this one. I was hoping to get back in in the next few weeks, but it looks like it has left the low $2s for good. Never say never Nothing has changed with CPSH with regards to future earnings. That one big customer pulled a lot of business into the prior quarter to avoid disruptions makes sense and explains the lower volumes. Unexpected, but not a problem. What is interesting is that they still earned the same amount on ~20% less revenue YoY. That's a result of a more profitable product mix and higher pricing, which they have already announced and will carry forward. Another thing that will carry forward are larger contracted volumes with this customer and others. For a high fixed-cost operation like CPSH, that leverages into higher earnings out of proportion with increased revenues. In three months, I'll expect we'll have gone through the "Mars Lander" and "EV" hype cycles at least twice. Those are profitable, so do not fear to sell into froth. But once the next earnings have passed in 12 weeks, we will probably have left the lows $2 for good for real. LOL, good point. I should have considered that the current market is very shortsighted. I agree with your take on things and am looking to get back in at some point. There were some other stocks with near term catalysts that I didn't want to miss. I'm hoping CPSH won't have taken off before I can get back in. I'm thinking they put out a Perseverance PR on Monday.
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Post by magnus123 on Aug 3, 2020 19:31:39 GMT
All good points. I read the CC transcript today and must say that this stock could be huge in the next weeks.
The electric vehicle hype could come to us very unexpected. There is definitely a chance that it will happen. The mars rover PR is the other thing.
That said, i bought almost the amount of shares back that i had prior to the ER. I plan to reach this number again and maybe much more, if the price goes to $2 again.
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Post by HR Farmer on Aug 11, 2020 1:40:44 GMT
CPSH is sitting, quietly, right on its WMA10. IMO this is absolutely the safest place to buy this rising stock. I bought the falling knife at 2.20 because I didn't think that we would see it sitting at WMA10 long enough for me to reload. But here we are. I doubled my position and I'm ready for the EV and Mars Rover pumpers to return next week. I'll sell them all I have >$3.50.
This is a solid stock, an exceptional stock with an upward bias. But it is going to give us plenty of opportunities to sell the froth and buy the despair. Buy and hold will make lots of money on CPSH. Smart money willing to take advantage of collective emotion will make lots more.
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Post by lcd on Aug 17, 2020 14:03:59 GMT
I took a small position in this at $2.16 but it has been in free fall the last two days. Does anyone see a reason why? I am deliberating on whether to add more here.
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Post by magnus123 on Aug 17, 2020 15:33:28 GMT
I took a small position in this at $2.16 but it has been in free fall the last two days. Does anyone see a reason why? I am deliberating on whether to add more here. Many people anticipated the PR and sold massively. Not enough volume on the buy side. All the traders want to get out then, even with losses, before the weekend. I believe that this is the reason. I still have my shares.
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Post by JHam on Aug 17, 2020 15:36:51 GMT
I took a small position in this at $2.16 but it has been in free fall the last two days. Does anyone see a reason why? I am deliberating on whether to add more here. The current price is ridiculous. I agree with Magnus’ take, and I think for whoever is patient with this one will be rewarded in the long run, imo.
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Post by HR Farmer on Aug 17, 2020 19:55:26 GMT
I also think there’s a chance it could rebound tomorrow, but for me personally it’s not worth the risk that it could go back under $2 and stay there for a while. Same boat here. If it closes beneath 1.98 Friday, I'm out. I like the company but I'll wait until an obvious uptrend to get back in.
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Post by HR Farmer on Aug 17, 2020 19:56:58 GMT
"There is no hair..."
Cosby quote?
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Post by JHam on Aug 18, 2020 1:34:18 GMT
"There is no hair..." Cosby quote? LOL! No, it's a very long story...
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Post by JHam on Aug 19, 2020 2:38:02 GMT
I also think there’s a chance it could rebound tomorrow, but for me personally it’s not worth the risk that it could go back under $2 and stay there for a while. Same boat here. If it closes beneath 1.98 Friday, I'm out. I like the company but I'll wait until an obvious uptrend to get back in. Just from a valuation perspective, the current $1.81 pps is an absolute steal. Not too far from the $1.40 pps when we first started discussing this one here. It went to $3.35 not too long ago on no news. It may take some patience, but as a long term play there is a lot to like. Hopefully Q3 numbers will wake the market up to this one.
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Post by magnus123 on Aug 19, 2020 8:47:43 GMT
I averaged down at the current prices and will continue to do so. My position is not big and would like to have a full position at current prices.
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Post by HR Farmer on Aug 19, 2020 14:38:11 GMT
Hopefully Q3 numbers will wake the market up to this one. I fully expect they will. While I expected better numbers this term in terms of sales, the profit on lower sales speaks well to the probability of a higher profit on higher sales. This one's still on my list - as I've said elsewhere, it's a good company, and you are correct that it's a bargain at this level.
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