ARM Holdings Share Discussion Threads

[philanderer] 18/4/2016 13:48

ARM Holdings slides on Apple concerns, Jefferies downgrade

[philanderer] 18/4/2016 09:03

Downgraded by Jefferies this morning to 'hold' .. target cut from 1140p to 923p


- 7.5% in a week now

Q1 numbers out wednesday

[steptoes yard] 18/4/2016 08:06

Cheap as chips yum yum

[markycrispy] 18/4/2016 08:05

This is where the growth will explode in years to come - everything will have achip in it

[philo124] 15/4/2016 20:47

Thanks, hold apple direct, topped up at $104. Re The Street report and the numbers are bad but tgey hav brought forward Iphone 7 from 2017. Now, the word "dive", the stock is down c.2%. If this were a uk stock ftse 100 co. It would be 10-20% in minutes, that's a dive. Thats why a third of sipp is now US stocks.

[steptoes yard] 15/4/2016 11:42

Pivot trades in play, the gift that keeps on giving

[philanderer] 15/4/2016 11:23

Arm shares slip ahead of update

'Analysts say no new catalysts for share price expected'


After reaching a peak for the year last week, shares in Arm have been sliding back ahead of its first quarter results next Wednesday.

The chip designer is down 22.5p or 2% at 985.5p in early trading on Friday, amid a slowdown in the smartphone market. Analysts said there was little expectation that the company would unveil anything at its results which would boost sentiment. Broker Stifel issued a hold recommendation, with analyst Lee Simpson saying:

We continue to see Arm as a high quality tech story, but with little risk of new fundamental upside catalysts for the second and third quarter of 2016. Sales growth is still evident (up 18%/10% in 2016/2017), and we see scope for outperformance on..consensus, although mainly on dollar strength (the dollar strengthened 6%-7% versus the pound since last quarter).

The slowing growth in smartphones is well known now and is mitigated by a strong product cycle (64 bit CPUs). Networking markets share is expanding, but costs are rising (especially for servers, Internet of Things). Given our only small rise in estimates (mainly in line with foreign exchange), we maintain our hold rating.

Simpson added:

We think investors are only marginally less concerned with the smartphone unit growth slowdown in 2016 (Stifel estimate only around 4% unit growth this year to 1.49bn), but we don’t think future Arm value is in question.

Post MWC [last month’s Mobile World Congress in Barcelona], we think Arm has little new to say for the near term other than comfort with consensus and a need to keep ticking up operating expenditure levels for longer-term investment and hiring.

That said, we still think a lot of work is on-going for the mid-to long-term promise and still believe the business sits well relative to this (Networking, Internet of Things, Machine Intelligence, etc.).

[philanderer] 14/4/2016 18:56

It`s a weird one , they`re well out of whack to the downside with BRBY as well

[eldermon] 14/4/2016 17:03

Why are Liberium so out of sync with everyone else. The put a downer every time they publish their TP

[philanderer] 14/4/2016 16:30

Q1 numbers next wednesday.


14 Apr 16 Credit Suisse Outperform tp 1175p

reiterates

[tonio] 14/4/2016 16:03

Hmm, no guarantee of that I fear, just look at the range of 'analysts'' predictions - it's called soothsaying in my book!
Best prediction (not) was when the share price was~ 1200 I seem to remember a 'buy' recommendation.
I guess he was thinking long-term!

[nil pd] 14/4/2016 15:46

@tonio - Indeed, what is "reasonable"? I was deliberately qualitative with that. Given the fundamentals, and a seemingly boundless digital market, I'm optimistic of a re-run of the trend you mention - only onward to 1200+

The analysts/scribblers must be right with this one!

[tonio] 14/4/2016 14:02

Who knows what a 'reasonable trend line' is? ARM's share price is likely governed by hedge fund sentiment (IMHO of course). At best, maybe it's behaviour looks similar to that in Nov 14 - Feb 15 - which led on to a strong rise, but maybe not.
As to it's fundamental strengths - I'm a strong advocate.

[nil pd] 14/4/2016 13:26

@philanderer

Thanks.

The price looks as if it's dropping below a reasonable trend line? I'm watching ... might do an average purchase, much as I don't really like to admit I'm averaging down. However, ARM is a medium-term solid buy. Which is my opinion, of course, and I trust is in agreement with many here.

[philanderer] 14/4/2016 10:04

14 Apr 16 Liberum sell tp 650p

reiterates

[philanderer] 12/4/2016 09:19

ARM Holdings plc (LON:ARM)‘s stock had its “hold” rating restated by stock analysts at Barclays in a research note issued on Tuesday, Analyst Ratings Net reports. They presently have a GBX 1,000 target price on the stock

[philanderer] 11/4/2016 20:38

ARM Holdings plc (LON:ARM)'s stock had its "buy" rating restated by equities research analysts at Bryan, Garnier & Co in a research note issued to investors on Monday

[philanderer] 07/4/2016 17:37

Hanging on well to the gains today :-)

[gengulphus] 07/4/2016 14:23

PHILO124,

Dont know why ur put off buying US stocks.

If you're talking to me, just read my post 1830 and you'll then know why I'm put off them. Of course, you might very well think my reasons aren't good reasons, but that's not the same thing as not knowing what they are!

If you're talking to one of the other posters who has said something similar, I'm afraid I can't answer for them...

Gengulphus

[philanderer] 07/4/2016 09:21

Best for a while :-)

[philo124] 06/4/2016 16:30

Dont know why ur put off buying US stocks.