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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (3201)10/23/2012 12:53:33 AM
From: richardred  Respond to of 7239
 
On a quick Google, I saw this . It is a bit odd, but so was Arrmand Hammer buying Iowa Beef and wanting to buy Church & Dwight at one time. I guess It"s what I call having stupid money to spend? Only for Mr Hammer, it was at Oxy's shareholders expense.

Soon-Shiong Forms Toy Venture with Jakks By Deborah Crowe Tuesday, July 17, 2012 Jakks Pacific Inc. has attracted the attention of L.A. biotech billionaire Dr. Patrick Soon-Shiong, who wants to partner with the Malibu toymaker to create interactive toys.

Jakks said Tuesday that the DreamPlay Toys joint venture with Soon-Shiong’s NantWorks LLC holding company will incorporate NantWorks’ proprietary image recognition technology. NantWorks startups are employing the technology to create mobile applications that assist the blind.

The NantWorks platform is designed to enable connections between physical toys, video, posters, books, games and all other forms of media, the companies said. Children will be able to interact with the new Jakks toys using smart phones or tablet devices.

“The most interesting things happen when experts from different industries come together to rethink their worlds,” said Soon-Shiong in a statement. “This is what we are doing with DreamPlay. Toy experts and technology experts are combining to create a whole new world of possibilities for children, and indeed for consumers generally.”

Jakks, which primarily makes licensed toys based on Hello Kitty, Pokemon, and other popular characters, hopes to unveil the first products at L.A.’s International Toy Fair in October.

“Jakks, through its partnership with Dr. Soon-Shiong and NantWorks, has made the commitment to become a leading toy consumer products technology company that will take recognition technologies and interactivity in products and play to new heights,” Chief Executive Stephen Berman said in a statement.

Also Tuesday, Jakks reported second-quarter net income of $214,000 (1 cent a share) compared with $4.2 million (16 cents) in the same period a year earlier. Excluding financial and legal expenses related to fending off a hostile takeover, net income was 6 cents a share. Analysts were expecting adjusted earnings of 11 cents, according to a FactSet poll of analysts.

Revenue rose 10 percent to a better than expected $145 million, as the company boosted sales of its proprietary Monsuno action figures, and launched a new line of licensed dolls and tricycles.

The company said the results were affected by $1.7 million in costs related to an unsolicited buyout offer from downtown L.A. investment firm Oaktree Capital Management. Oaktree offered $20 per share last fall to take the company private, which Jakks rejected. Talks between the two companies broke down last month.

Jakks shares closed down 10 cents, or less than 1 percent, to $15.91 on the Nasdaq.

labusinessjournal.com



To: Paul Senior who wrote (3201)11/13/2012 10:21:28 AM
From: richardred  Respond to of 7239
 
This Stock Has A 3.20% Yield And Sells For Less Than Book
DividendChannel.com, Contributor

+ Comment now

Jakks Pacific Inc. ( NASD: JAKK) has been named as a Top 25 dividend stock, according the most recent Dividend Channel ”DividendRank” report. The report noted that among the coverage universe, JAKK shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Jakks Pacific Inc., and favorable long-term multi-year growth rates in key fundamental data points.

Click here to find out The Top 25 DividendRank‘ed Stocks »

The report stated, ”Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That’s what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most ‘interesting’ stocks, meant for investors as a source of ideas that merit further research.

The annualized dividend paid by Jakks Pacific Inc. is $0.40/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/12/2012. Below is a long-term dividend history chart for JAKK, which the report stressed as being of key importance. Indeed, studying a company’s past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

forbes.com



To: Paul Senior who wrote (3201)4/29/2013 10:45:14 AM
From: richardred  Read Replies (1) | Respond to of 7239
 
RE:JAKK fwiw I joined you today on the big earnings miss. The 10% owner recently had multiple purchases and a 8 million dollar purchase. The biggest buy by him that I saw. The new Iron Man Movie comes out this Fri. in the US. Europe brought in 195 million this weekend. The tie in toys might do well. Speculatively speaking, with the toy pipeline. I think chances are high he might want the whole thing before the bottom line show improvement. .
TMNT is now be licensed and has potential IMO. That comic book was a good seller at our former store.