Cohu, Inc. (COHU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cohu, Inc. (COHU)

COHU 24.21

+1.8%

Nov 3 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (7596)	9/14/2023 9:37:02 AM
From: robert b furman	1 Recommendation Recommended By the longhorn Read Replies (2) of 7822

Current investor presentation: Recent presentation made last week: cohu.gcs-web.com Note slide 21,which shows a transition from test handlers (labeled as automation) to: semi test, inspection and metrology, and test interface (that production has been transferred to Philippines facility). A sure fired way to grow bottom line profits while not embarking in high cost opex. A nice inexpensive way to grow bottom line profits. They show to be #2 in inspection and metrology. That leaves KLAC as the number 1 inspection and metrology. Still think this cash rich, almost debt free company is a rich target for the big equipment makers to bolt on their operations and add to future organic growth. Bottom line, I'd like to see this company get back to a dividend. Goldman Sachs has reduced the price target to $30.00 from $33.00 with a sell. WHILE: B Riley raises price target to $51.00 from $50.00 and maintains Buy Needham reiterates buy and maintains price target of $52.00 Makes one wonder who is short? GS no doubt. Sure would like to see a BIG FAT SQUEEZE on GS. Wave 2 ended in mid October of 2022. Major impulsive wave up from $25.20 on 10/13 to $42.09 on 6/30/2023 50% retrace @ $33.62 - very close to Goldman's call. 61.8% retrace @ $31.64 Wave 1 ended at 38ish in November Wave 2 ended at 33ish in mid May Wave 1 of 3 ended at 42.09 Wave 2 of 3 was an irregular flat where the B wave over shot to the recent high of 43.99. It has already dipped below the low of A thus satisfying the irregular flat definition. We may be in a last dip 5 of the C wave of 2. Wave 3 may be started or may be delayed awaiting semi growth, which is down year to year but up month over month for the fourth month of the year. Q 4 of 2023 and Q1 of 2024 are seasonally down 5%. Goldman is calling the low of wave 2 to be $33.00 Riley and Needham are calling the high of wave 3 in the low 50's. There is a possibility of both being correct. The next up wave is the usual most powerful the 3 of 3 of 3. We're in the 2 of of 3 right now. My previous retraces were based on a high of $43.99 vs the $42.09. Not anticipating the irregular flat of Wave 2 and its B wave high of $43.99. Buying the dip just got cheaper. stockcharts.com It's a matter of waiting a bit longer for the 50's Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next