At first glance, CSY earnings were slightly disappointing. Sales were a bit better than expected and earnings missed by a penny and a half.
However, there were a host of issues that really make the quarter... login to read the rest
This should be a strong quarter. There always is the chance that the stock has run too far, too fast and that expectations are too high.
The way I look at it instead is to look... login to read the rest
issambres,
csy is reporting next week. this should be a strong quarter, correct?
but in light of the recent strong run-up do you think expectations are perhaps a tad too high? Or what are your latest insights
Q1 industry sale of precision Ag devices tracking above expectations (up 30-50% yr/yr). While higher commodity prices have clearly got sentiment going more positive in recent qtrs, industry expectations were for the farmer demand to... login to read the rest
No idea. I see that they introduced a new product, but that doesn't explain a 13% rise to 52 week highs on over 3 times its normal volume.
I wonder if there are buyout rumors.
CSY Wireless soon to be Hempisphere GPS had a really good conference call. I think it was clear from the call that the company is being very conservative with their call for 20% revenue growth.... login to read the rest
The revenue number was better than expected but this quarter is kind of a non-event. I'll post an update after the CC. Hopefully, management will give some clarity on how q1 is going and how
Issambres,
thoughts/comments on CSI wireless after results?
revenues look better than analyst estimates at first glance. But this is one of their slow quarters.
Thanks for the compliment, I appreciate it.
The next few catalysts that I see are the following:
1)Earnings guidance about q1 when q4 06 is reported
2)Earnings in q2 and the progress of the Crescent line of new... login to read the rest
This passage from their latest press release (indeed a market breakthrough, as mentioned below by Issambres) might shed some light on your question:
"Dave Mitchell, a grower and BaseLineHD user near Bakersfield, California recently stated, 'While... login to read the rest
http://biz.yahoo.com/cnw/070212/hemisphere_gps.html?.v=1
I believe that this new product announcement amounts to a bombshell in the precision agriculture business. CSY is essentially doing something that its competitors do for half the cost.
I think this product will be a... login to read the rest
No, I did not enter the wrong ticker. I'm not going to write it up, but I like Baffinland. Insiders have bought over $6 million of stock on the open market in the last year... login to read the rest
Just check out anywhere on the internet for "precision agriculture." GPS usage with ag, uses less fuel, seeds and fertilizer.
BIM on the toronto, I like as well, insiders are buying the hell out of it.
GPS and the farm is tough for me to grab. Can you please
add some insight into it's use for crops and the land.
btw your pnwif story was easy to grasp and elegant.thanks.
what else do you
I just met with management and things look very good for CSY both short and long term. The interesting thing I learned from management was the long term opportunities for growth outside precision ag. These... login to read the rest
From Canaccord Adams this morning about TRMB's excellent results:
Trimble (TRMB) - reports strong Q4/06, raising estimates on higher
contribution from Precision Ag
impact: positive
* we revised estimates higher to reflect... login to read the rest
Contact the below IR guy, he should be able to help you.
Cory Pala, Investor Relations, E.vestor Communications Inc., (416) 657-2400, CPala@evestor.com
I think that the company put out a sales target they know they could beat.
FYI, CSY is going on a roadshow to tell their story for the first time in a year for the next... login to read the rest
Hemisphere GPS is a much more appropriate designation for the refocused business as a whole. Although not very relevant, the change is a positive in the sense that it reinforces the investment thesis of a... login to read the rest
Trimble Navigation bought out At Road, another GPS company for 3 times sales.
ARDI was not profitable and last quarter had flat revenues. CSY is growing revenues and will be profitable next year.
A valuation like ARDI's
CSY is about #1 in terms of unit shipments and about #4 in terms of dollar volume. This is because precision ag equipment psans from products costsing a few thousand dollars to upwards of $40,000.... login to read the rest
Grain growers on brink of prosperity: 'Cyclical upswing'
John Greenwood
24 November 2006
National Post
After years of drought, stagnant crop prices and other woes, Western
grain growers are on the verge of something rarely seen... login to read the rest
The reason that CSY trades at the level it does and not higher are exactly explained by your post. And you highlight the misunderstanding that many investors are having in CSY right now.
1)Results did not... login to read the rest
CSY fell today on inline kind of disappointing results. However, the outlook is fantastic as the company is posied to take adavantage of the best farming macro backdrop in the last 25 years.
They are forecasting... login to read the rest
This from a broker on the back of TRMB's results and conference call:
TRMB's precision AG business delivered good results up 17.5% yr/yr (benefiting from selling in the Southern Hemisphere and very easy comps, geographic distribution... login to read the rest
So, consider this lawsuit a nuisance at best.
The company suing CSY has around C$2 million a year in revenue, is private and has about 20 employees. Further, the supply agreement between the two companies had... login to read the rest
No. A little guessing is that it relates to something like a non-performance issue now that they are no longer running the Telematics business. Someone is probably upset that the loss running enterprise is no... login to read the rest
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