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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (72167)	1/27/2023 7:36:04 PM
From: Paul Senior	Respond to of 78958

Oil service. I'll pass on TTI. I am adding though (like today) to my oil service basket with further small buys of NEX. finance.yahoo.com

To: Madharry who wrote (72167)	1/27/2023 8:38:27 PM
From: E_K_S	Respond to of 78958

Any guess who the largest shareholder of MBLY is? Yes it is INTC. Mobileye went public in 2014; it was acquired by Intel in 2017. Intel currently owns 100% of Mobileye shares and is expected to retain majority ownership following the completion of the IPO. Intel has no intention of spinning off or otherwise divesting its majority ownership interest. MBLY Surges after Better-than-Expected Q4 Results Shares of Mobileye ( NASDAQ: MBLY) gained by more than 7% in pre-market trading on Thursday after the company reported Q4 adjusted earnings of $0.27 per share, which beat handily analysts’ consensus estimate of $0.17. The autonomous driving and driver-assistance technologies (ADAS) company saw its revenues surge 59% year over year to $565 million surpassing consensus estimates by $29.7 million. The rise in revenues was driven by advanced ADAS products that resulted in MBLY’s Average System Price (ASP) increasing to $56.2 in Q4 versus $48.3 in the same period a year back. More importantly, the company stated that its business backlog continues to be on an uptick with 2022 ADAS (including SuperVision) design wins “projected to generate future revenue of $6.7 billion across 64 million units by 2030.” MBLY IPO'd around $20/share and last traded at $35/share. Intel paid off all the debt and owns their position free & clear. I suspect they will be the chip supplier for the MBLY product. --------------------------------------------- Another hidden asset that INTC owns. +75% from the IPO price 10/2022. 3 months +75% not too bad.