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