Call(s) to Action:
SUMR ($4.24) – Yesterday, on our message boards and blog we mentioned we closed out our long position. The stock exceeded our price target of $3.75 mentioned in our 5/16/2014 email.
Here are the stories that the GeoTeam is following today… (Please see full disclosures at bottom)
- ChinaHybrids
- SIMO ($22.90) – Reported strong Q2 2014 results; Beat analyst EPS estimates by $0.05, beat on revenues and guided above analyst estimates for Q3 and full year 2014 revenues.
- NCTY ($3.51) – There is a rumor that the company is going to reach a cooperation agreement with QIHU, one of the leading internet companies in China, in which QIHU will have the exclusive right to operate NCTY’s Firefall products in China.
- U.S. News
- Ex-GeoBargain on the radar FNHC ($24.36) – Reported strong Q2 2014 results with Q2 EPS of $1.01 vs $0.31 in the prior year on 54% gross written premium increase. Crushed analyst EPS estimates of $0.61.
- CAMT ($3.43; marked up to near $4.00 in pre market) – Reported strong earnings growth on slight increase in sales in Q2 2014; Q2 2014 non-GAAP EPS of $0.08 vs $0.03 in the prior year and ahead of analyst EPS estimates of $0.04.
- PGTI ($7.39) – Reported Q2 2014 results; beat analyst EPS estimates by $0.05; beat on revenues. Also announced the acquisition of CGI Windows & Doors, which will be accretive to 2015 earnings.
For more timely information, particularly during the daily trading session, we urge our members to read our message board posts daily.
Disclosure: No Positions ; Other Long Positions; Other Short Positions; Pump & Dump Positions (Password GEO2014)
Summary of general highlights:
On the Asian Front…
Select China Earnings…
| Stock | Price** | EPS Estimate | Reported EPS | Prior Year Reported EPS |
| Seaspan Corp (NYSE:SSW) | $22.36 | $0.21 | $0.07* | $1.35* |
| Silicon Motion Tech (NASDAQ:SIMO) | $23.86 | $0.34 | $0.41* | $0.16* |
* denotes non-GAAP; ** Pre-market
Please see our ChinaHybrid June 2014 quarter earnings screen (password GEO2014) for select companies that have reported earnings.
On the U.S. Front…
Notable U.S. Earnings…
| Stock | Price** | EPS Estimate | Reported EPS | Prior Year Reported EPS |
| Federated National (NASDAQ:FNHC) | $25.19 | $0.61 | $1.01 | $0.31 |
| Camtek (NASDAQ:CAMT) | $3.98 | $0.04 | $0.08 | $0.03 |
| Pgt Inc. (NASDAQ:PGTI) | $9.53 | $0.12 | $0.17 | $0.15 |
* denotes non-GAAP; ** Pre-market
For more timely information, particularly during the daily trading session, we urge our members to read our message board posts daily.
Sincerely,
The GeoTeam