Ceva Share Discussion Threads

[haydock] 27/1/2013 21:39

Quite correct:they could at least have dropped us an official line.
I have had correspondence recntly when somebody was attempting to register my shares under another name.
Anyway :









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Cancellation of Admission and Listing to the London Stock Exchange - FAQ



On March 8th , 2012 CEVA, Inc. (NASDAQ:CEVA) (LSE:CVA), announced its intention to cancel the listing of Common Shares of the Company and cancel the admission to trading of the Common Shares on the main market of the London Stock Exchange. This cancellation will take effect from April 5, 2012.


1.Why has CEVA chosen to cancel its listing on the LSE?
The Board believes that the Cancellation is in the best interests of the Company for the reasons set out below: The Company currently expects to have material cost savings in relation to the external costs it currently incurs as a listed company on the Official List. In particular, the Company expects to be able to reduce, or in some cases eliminate, its professional fees, London Stock Exchange annual fees and charges, and general costs associated with UK public company announcements, mailings and shareholder services.
Generally, the Company will be subject to a lighter regulatory burden thereby increasing its flexibility and reducing management time devoted to compliance matters.
In practical terms, as the Company is also listed on NASDAQ which is the Company's main trading platform, the continued listing of the Company on the Official List does not afford the Company any advantage in terms of additional sources of funding relative to the ongoing cost of maintaining the listing on the Official List.


2.What does this mean for CEVA shareholders in the UK? Currently, CEVA is a dual listed entity, meaning CEVA shareholders can trade their holdings on either the NASDAQ market or the main market of the London Stock Exchange. Once the delisting from the London Stock Exchange is complete (April, 5, 2012), UK shareholders will be able to continue to trade their CEVA shareholdings on the NASDAQ market.


3.Do CEVA shareholders in the UK require a new share certificate? No, the existing share certificates allow holders to trade CEVA stock on both stock markets. UK Shareholders will continue to be able to trade their holding on the NASDAQ market.


4. Does this cancellation affect the value of my share certificates? No, the value of share certificates remain the same.


5.Will CEVA buy back the shareholding of investors in the UK? No. Shareholders will be able to continue to trade their CEVA stock on the NASDAQ stock market in the U.S.


6.Who do I contact to get information about my CEVA shareholding?
All queries relating to shares, share certificates, change of address, should be directed to our share registrars - American Stock Transfer and Trust Co.
American Stock Transfer and Trust Co.
59 Maiden Lane
Plaza Level
New York
NY 10038
USA

[e-mail]
www.amstock.com

UK shareholders will also be able to contact CEVA's registrars in the UK - Capita Registrars Limited

Capita Registrars Limited
The Registry
34 Beckenham Road
Beckenham
Kent BR3 4TU

www.capitaregistrars.com





Financial News
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Related Information
2011 Annual Report 10-K
Request IR Presentation

CEVA Media Room

[dafrog] 14/1/2013 12:33

Don't believe they are on UK market now.

[haydock] 14/1/2013 12:13

This chart seems to be stuck.
Ceva is rising in price slightly, & figs due out at end of month.

Seems they nearly took another company over, but it cost too much, so will hang on to the cash for another 10yrs !!

.

CEVA Inc. (CEVA)
-NasdaqGS

17.51 11 Jan 21:00

[dafrog] 27/8/2012 15:10

Yes, Redmayne chap. But still a hassle.

[haydock] 27/8/2012 15:06

Can be done: go back through this thread & find the details of the office in Wolverhampton, that will handle the paper.

[dafrog] 27/8/2012 14:58

Not helped by the fact that can't trade the share certificates in UK.

[haydock] 27/8/2012 14:09

Puzzling, but the web page is happy enough.
Can never work out why the price never seems to reflect the potential of the company.
They have oodles of cash, royalties & companies signed up in a key niche.
Everything else in the states of this type seems to fly & become strataspheric in price.

I personally suspect the poor communication skills of the main board.
The CEO is far from clear, & i have heard this type of comment about techie companies on Bllomberg.
Reporters & analysts cannot aways get the clear story ?

My techie son says this should be o.k. anyway we have little choice but to hang on still, or set the loss agianst cg.

[oldvic] 25/8/2012 11:40

are these suspended
why the flatline ?

[haydock] 31/7/2012 14:58

Its buy back time: & they have lots of cash.
Perhaps they will make us in the u.K an offer?

Press Releases





CEVA, Inc. Announces Second Quarter 2012 Financial Results

-- Strategic licensing agreement signed with Tier 1 handset OEM for LTE products

-- First license agreement for CEVA-XC4000 DSP for LTE- Advanced

-- Repurchased 670,000 shares for approximately $11.3 million during the quarter




MOUNTAIN VIEW, Calif., July 31, 2012 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores for the mobile, portable and consumer electronics markets, today announced its financial results for the second quarter ended June 30, 2012.

Total revenue for the second quarter of 2012 was $13.6 million, a decrease of 6% compared to $14.4 million for the second quarter of 2011. Licensing revenue for the second quarter of 2012 was $5.4 million, an increase of 3% compared to $5.2 million reported for the second quarter of 2011. Royalty revenue for the second quarter of 2012 was $7.6 million, compared to $8.3 million reported for the second quarter of 2011. Revenue from services for the second quarter of 2012 was $0.6 million, compared to $0.9 million reported for the second quarter of 2011.

Gideon Wertheizer, Chief Executive Officer, stated: "The second quarter was the strongest licensing quarter in more than three and a half years, driven by a strategic licensing agreement with a tier 1 handset OEM for a range of LTE handsets and the first agreement for our newest DSP, the CEVA-XC4000 for LTE- Advanced. These latest agreements bring the total LTE design wins for CEVA DSPs to date to more than 20, and form the foundation for future royalty growth. Finally, while the competitive 2G market is experiencing pricing pressure, our volume growth in the lucrative 3G market during the quarter significantly outpaced that of the overall 3G space, as low and mid-range 3G smartphones gain traction."

U.S. GAAP net income for the second quarter of 2012 was $3.5 million, a decrease of 16% from $4.1 million reported for the same period in 2011. U.S. GAAP diluted earnings per share for the second quarter of 2012 were $0.15, a decrease of 12% compared to $0.17 for the second quarter of 2011.

Non-GAAP net income and diluted earnings per share for the second quarter of 2012 was $4.4 million and $0.19, respectively, representing a decrease of 17% and 14%, respectively, over the $5.4 million and $0.22 reported for the second quarter of 2011. Non-GAAP net income and diluted earnings per share for the second quarter of 2012 and 2011 excluded equity-based compensation expense, net of taxes, of $1.0 million and $1.2 million, respectively.

During the second quarter of 2012, the Company secured eight new license agreements. Six of the agreements were for CEVA DSP cores, platforms and software, and two agreements were for the CEVA Bluetooth product line. Target applications for customer deployment are LTE smartphones, microcells, broadband communications and connectivity. Geographically, three of the agreements signed were in the U.S and five were in the Asia Pacific region.

Yaniv Arieli, Chief Financial Officer, stated, "During the quarter, we bought back approximately 670,000 shares of our common stock for an aggregate consideration of approximately $11.3 million. The recent buyback activity continues to demonstrate our confidence in CEVA's strong fundamentals. At the end of the quarter, our cash balance, marketable securities and bank deposits totaled $156 million. We have approximately 900,000 shares available for repurchase remaining under our existing buyback program."



CEVA Conference Call

On July 31, 2012, CEVA management will conduct a conference call at 8:30 a.m. Eastern Time, to discuss the operating performance for the second quarter ended June 30, 2012.

The conference call will be available via the following dial-in numbers:
U.S. Participants: Dial 1-800-860-2442 (Access Code: CEVA)
International Participants: Dial [phone] (Access Code: CEVA)

The conference call will also be available live via the Internet at the following link: Please go to the web site at least fifteen minutes prior to the call to register, download and install any necessary audio software.

For those who cannot access the live broadcast, a replay will be available by dialing [phone] or [phone] (access code:10016016) from one hour after the end of the call until 9:00 a.m. (Eastern Time) on August 08, 2012. The replay will also be available at CEVA's web site www.ceva-dsp.com.

About CEVA, Inc.

[dafrog] 02/5/2012 19:17

"2011 was an outstanding year for CEVA." For the first time in CEVA's history our customers shipped more than one Billion CEVA powered chips..." "As we exited 2011, more than 41% of all handsets shipped worldwide were using DSP technology, up from 32% in 2010." So what's the divi? How about spending a few $ and give us tradeable share certificates.

[dafrog] 08/3/2012 08:04

Can't btrade my Ceva certificate in UK anyway. Hope to get gains elsewhere to offset this on CGT.

[irenekent] 08/3/2012 07:43

What happens now? It seems they are going to cancel the listing on the LSE. Can we still trade this stock?

[lfc4ever] 31/1/2012 15:41

mkt does not agree. odd.

[lfc4ever] 31/1/2012 14:11

roll on 1430.

[rayrac] 31/1/2012 14:08

Yes, very!

[lfc4ever] 31/1/2012 13:29

good results

[dafrog] 07/11/2011 19:35

That explains the jump. Many thanks haydock.

[haydock] 07/11/2011 17:49

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Press Releases
CEVA, Inc. Announces Third Quarter 2011 Financial Results
-First license agreement for CEVA-MM3000 video & imaging platform for smartphones and smart TVs
-Quarterly volume of CEVA-powered units shipped increase for eleventh quarter in succession, reaching 250 million
-Record high profitability - gross margins expand to 95%, operating margins reach 32% and 41% on a US GAAP and non-GAAP basis, respectively
MOUNTAIN VIEW, Calif., Oct. 27, 2011 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA); (LSE: CVA), the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores for the mobile handset, portable and consumer electronics markets, today announced its financial results for the third quarter ended September 30, 2011.

Total revenue for the third quarter of 2011 was $14.8 million, an increase of 39% compared to $10.7 million reported for the third quarter of 2010. Third quarter 2011 licensing revenue was $5.2 million, representing an increase of 17% when compared to $4.5 million reported for the same quarter a year ago. Royalty revenue for the third quarter 2011 was $8.8 million, an increase of 67% compared to $5.2 million reported for the third quarter of 2010. Revenue from services for the third quarter of 2011 was $0.9 million, a decrease of 12% compared to $1 million reported for the third quarter of 2010.

Gideon Wertheizer, Chief Executive Officer of CEVA, stated, "CEVA's strong third quarter performance reflects the continued strength of our cellular baseband presence, as shipment volumes of CEVA-powered products increased for the eleventh consecutive quarter, reaching 250 million units during the quarter. We continue to see considerable interest in our diverse technology portfolio from both existing and new customers, as evidenced by strategic licensing agreements with a high volume semiconductor vendor for our new CEVA-MM3000 platform to be used for smartphones and smart TVs and with a tier one handset and tablet OEM for our audio platform."

Of the eight new license agreements concluded during the third quarter of 2011, six agreements were for CEVA DSP cores, platforms and software, one agreement was for CEVA SATA/SAS product lines and one agreement was for CEVA Bluetooth technology. Target applications for customer deployment are 4G baseband processors, video, imaging and audio in application processors, power line communications (PLC), connectivity and solid state drives (SSDs). Geographically, two of the agreements signed were in the U.S. and six were in Asia Pacific, including Japan.

U.S. GAAP net income for the third quarter of 2011 was $4.9 million, an increase of 65% over $3.0 million reported for the same period in 2010. U.S. GAAP diluted earnings per share for the third quarter of 2011 were $0.20, an increase of 54% compared to $0.13 for the third quarter of 2010.

Non-GAAP net income and diluted earnings per share for the third quarter of 2011 were $6.3 million and $0.26 respectively, representing an increase of 107% and 86%, respectively, over the $3.0 million and $0.14 reported for the third quarter of 2010. Non-GAAP net income and diluted earnings per share for the third quarter of 2011 and 2010 excluded an aggregate equity-based compensation expense, net of taxes, of $1.4 million and $0.5 million, respectively.

Yaniv Arieli, Chief Financial Officer of CEVA, stated, "Our third quarter financial performance achieved a number of significant milestones and maintained the momentum generated during the first half of the year. We produced record high gross margins, operating margins, non-GAAP net income and earnings per share through a combination of solid licensing pipeline, reflecting our excellent product portfolio, continued strength in our royalty business and a company-wide commitment to conservative financial management. At the end of the third quarter, our cash balance, marketable securities and bank deposits totaled approximately $156 million."

CEVA Conference Call

On October 27, 2011, CEVA management will conduct a conference call at 8:30 a.m. Eastern Time / 1:30 p.m. London time, to discuss the operating performance for the third quarter ended September 30, 2011.

The conference call will be available via the following dial in numbers:

U.S. Participants: Dial 1-800-860-2442 (Access Code: CEVA or 10005147)
International Participants: Dial [phone] (Access Code: CEVA or 10005147)


The conference call will also be available live via the Internet at the following link: Please go to the web site at least fifteen minutes prior to the call to register, download and install any necessary audio software. For those who cannot access the live broadcast, a replay will be available by dialing [phone] (passcode: 10005147) from one hour after the end of the call until 9:00 a.m. (Eastern Time) on November 03, 2011. The replay will also be available at CEVA's web site www.ceva-dsp.com.

About CEVA, Inc.

CEVA is the world's leading licensor of silicon intellectual property (SIP) DSP cores and platform solutions for the mobile handset, portable and consumer electronics markets. CEVA's IP portfolio includes comprehensive technologies for cellular baseband (2G / 3G / 4G), multimedia, HD video and audio, voice over packet (VoP), Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA). In 2010, CEVA's IP was shipped in over 600 million devices, powering handsets from 7 out of the top 8 handset OEMs, including Nokia, Samsung, LG, Motorola, Sony Ericsson and ZTE. Today, more than one in every three handsets shipped worldwide is powered by a CEVA DSP core. For more information, visit www.ceva-dsp.com. Follow CEVA on twitter at www.twitter.com/cevadsp.

CEVA, INC. AND ITS SUBSIDIARIES

[rayrac] 21/9/2011 09:15

Still here and waiting. What's good for Redmayne Bentley, must be good for others!

They know ya know.

[dafrog] 21/9/2011 09:11

This share's price movements is a mystery to me.

[bukko] 09/8/2011 11:18

I see CEVA price on NASDAQ is $23.25 which is around £14 but mid price quoted here is only £8.50.

[minky] 08/8/2011 09:31

Glad I managed to sell at about 1650 with help of Redmayne Bentley a month or two back.

[andrbea] 03/8/2011 10:23

Ceva Inc will report quarterly earnings on October 26. Ceva Inc has an Earnings Per Share Rating of 99 from IBD, meaning that recent earnings growth has outperformed 99% of all stocks in IBD's database. In its latest quarter, profit grew 83%. In the last three quarters, profit growth has averaged 82%. In its latest quarter, sales grew 36% to $14.39 million. Focus on stocks showing strong quarterly earnings growth in recent quarters, at least 25% or more. IBD studies of past market winners showed big earnings and sales growth in recent quarters before big price moves. Ceva Inc's annual profit margin is 31.4%. That means the company is generating 31.4 cents in profit for each $1 in sales.

Technical
Ceva Inc is 23.99% off its 52-week high. In the past four weeks, Ceva Inc is down 8.4%. Year-to-date, it's up 18.48%. IBD research has consistently shown that stocks showing strong relative price performance in the market have the best chance of being market leaders. Rather than try to catch stocks on sale, target the leading price performers in the market. Ceva Inc has an Up/Down volume ratio of 1.1 which indicates that volume on up days is exceeding volume on down days. A ratio above 1.0 implies positive demand for shares.

[andrbea] 03/8/2011 10:21

-31%
did the world end?