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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (61920)5/3/2019 12:30:48 AM
From: Elroy   of 78714
 
SIMO reported Q1 today. Nothing spectaculr, they did $95m and guided Q2 to about $105m in sales.

However, SIMO says full year 2019 sales should be about the same as full year 2018 sales. That means that Q3 + Q4 needs to equal $330m. If sales jump that much in the second half, SIMO may head back toward $60 like last summer.

Not sure how they can be so confident of H2 growth, but I like it....
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