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Technology Stocks : Silicon Motion Inc. (SIMO) -- Ignore unavailable to you. Want to Upgrade?

To: Anonymous895 who wrote (2489)	4/10/2022 10:19:41 PM
From: Elroy	Read Replies (1) \| Respond to of 2980

You are looking at the past and saying that since the multiple has compressed so much, therefore the risk is higher. No, I'm just expressing disappointment that the revenue and EPS and market position have all improved dramatically, and the shareholder reward (ie, the stock price) for holding SIMO through this improvement is not that great. If SIMO grows sales by 50% from here, perhaps the stock price will increase by 50%, or perhaps not. Who really knows? The fundamentals have done great from Aug 2021 to today, and the share price is down 5% in that timeframe. So......it's very frustrating. I do think management would sell the company if their main concern were shareholders. I also think management's decision to buy $100m of stock in Q4 2021 at about $90 per share BEFORE they announced that Q1 2022 would have sequentially declining revenues is awful. They must have know the trend when they announced the buyback. Why not announce the buyback ALONG WITH the announcement that Q1 2022 revenues would decline from Q4 2021? Then you get to buy back shares at a low price rather than at the all time high. That really really made no sense, and was a waste of hard earned cash.