3SOF

Breaking Out.......
Semiconductors  (5 new highs today)


Syntax-Brillian Swings to 1Q Profit
Syntax-Brillian 1st-Quarter Profit, Sales Beat Wall Street's Expectations

TEMPE, Ariz. (AP) -- High-definition television maker Syntax-Brillian Corp. posted a fiscal first-quarter profit well above Wall Street's expectations Thursday, reversing a year-ago loss on surging sales.

For the quarter ended Sept. 30, the company earned $3.8 million, or 7 cents per share, compared with a loss of $658,000, or 2 cents per share, during the same period a year ago.

Revenue more than tripled to $87 million from last year's $27.4 million.

Analysts, on average, were expecting earnings of a penny per share on sales of $75.3 million, according to a poll by Thomson Financial.

The company's shares jumped $1.18, or 18.9 percent, to $7.44 in after-hours trading, after closing down 5 cents at $6.26 on the Nasdaq.

For the second quarter, Syntax-Brillian expects sales in the range of $160 million to $170 million, mainly from sales of LCD TVs. Consolidated revenue, including the operations of Vivitar, which the company recently acquired, is expected to range from $178 million to $190 million. Analysts are currently seeking quarterly sales of $150 million.

For the full year, Syntax-Brillian sees revenue of $490 million to $520 million, and including Vivitar, in the range of $565 million to $605 million.

"BRLC" Threads have been Merged.
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Friday's closing chart......."Happy New Year" ! 

 

Worth an update.......
Whats not to like ?    Making money,small float.......

Oh yes....
Bounced off the 50% Fibonacci retracement.

Float (mil) 35.90/ Shares Outstanding (mil) 48.47

52wk Range: 2.02 - 11.70
Volume: 7,675,266
Avg Vol (3m): 2,843,650

Technicals
Most Actives
Percentage Gainer
Stochastic is Bullish

RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $210.86 
P/E Ratio: 1.35 
PEG Ratio: 0.421538 
Next Earnings: 02/20/2007
Last Analyst Rating: Sector Outperform

I bought this today, but David pointed out that there could be a head and shoulders pattern forming.  I just really liked the revenue pattern, looks like they were losing money but have started to make money, nice trend there.

Quote from: setravis on February 02, 2007, 05:12:38 PM
Oh yes....
Bounced off the 50% Fibonacci retracement.

Float (mil) 35.90/ Shares Outstanding (mil) 48.47

52wk Range: 2.02 - 11.70
Volume: 7,675,266
Avg Vol (3m): 2,843,650

Technicals
Most Actives
Percentage Gainer
Stochastic is Bullish

RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $210.86 
P/E Ratio: 1.35 
PEG Ratio: 0.421538 
Next Earnings: 02/20/2007
Last Analyst Rating: Sector Outperform

This one had a strange response to earnings.
I see now that trying to let out news by these companies
is a delicate procedure that doesn't always get presented
according to plans. And then for investors not to look
at the balance sheet properly in making their investment
decisions on these companies makes me wonder
why they invest at all.
Wow...303% increase in revenue and this company goes down.


RESULTS...SURPRISE
Fiscal second-quarter net earnings of $14.8 million, or 25 cents a share. In the same quarter last year, the company posted a net loss of $1.23 million, or 4 cents a share. Revenue rose to $242.5 million from $60.2 million. Analysts polled by Thomson Financial had forecast a per-share profit of 24 cents on revenue of $241.8 million. For the fiscal third-quarter, Syntax-Brillian expects revenue of $160 million to $170 million, and for fiscal 2007, the company expects revenue of $650 million to $700 million

Nice pump today on CNBC on the money for BRLC. They had the CEO on and a few mins talking about BRLC and how their LCDs were selling out fast and the brand name Olevia has caught on with the consumers. I would jump in but there are somethings that worry me that can cause problems in the future for BRLC. Like price war cutting into profit margins and slowed demand for LCDs.

zacks report:
SYNTAX-BRILLIAN (BRLC)
Feb 13, 2007

Interestingly, earnings estimates have been moving up, which spells a buying opportunity. Over the past two months, this year's estimates have jumped 10 cents per share to 57 cents, while next year's numbers have risen 17 cents per share to 93 cents. The stock is also cheap at 9.3x next year's estimates, well below the long-term growth rate of 29.17%.

Full Analysis

Syntax-Brillian Corporation (BRLC) engages in the design, development, and distribution of high-definition televisions (HDTVs) in liquid crystal display (LCD), and liquid crystal on silicon (LCoS) formats.

The company provides Olevia branded product lines, which include flat panel LCD models in diagonal sizes from 20 inches to 42 inches, and 65-inch Gen II LCoS Rear Projection HDTV for the high-volume home entertainment market; 42-inch and 47-inch high-end HDTVs for the home entertainment and home theater markets; and Gen II LCoS rear projection 65-inch HDTV for audio/video market.

BRLC took a hit despite reporting second-quarter earnings that exceeded estimates. The company came in with 25 cents per share, two cents ahead of estimates. Sales more than tripled to $242.5 million from $60.2 million. Looking ahead, however, Syntax-Brillian provided guidance below Wall Street expectations. The company forecast revenue between $650 million to $700 million for the fiscal year ending June 30 and third-quarter revenue between $160 million to $170 million.

I am extremely pleased with the performance of our team this quarter," said Vincent F. Sollitto, Jr., Chairman and CEO of Syntax-Brillian. "Revenue and earnings hit new records as sell-through of the Olevia brand at the retail level continues to exceed our expectations and we expand distribution into new national channels." Mr. Sollitto continued, "Further, the newest Olevia and Vivitar products introduced at CES were well received and we continue to enjoy excellent reviews of Olevia products."

Interestingly, earnings estimates have been moving up, which spells a buying opportunity. Over the past two months, this year's estimates have jumped 10 cents per share to 57 cents, while next year's numbers have risen 17 cents per share to 93 cents. The stock is also cheap at 9.3x next year's estimates, well below the long-term growth rate of 29.17%.

if it closes the gap to $4.60 im in. i doubt it will but ill keep in on the radar

The Association Press, TheStreet.com, Briefing.com, and many reputable analysts are fully behind BRLC...

--- The Associated Press Today Confirms $15 Target Price, explosive growth


**** Out of the Gate: Syntax-Brillian *****

Thursday June 14, 10:03 am ET

Syntax-Brillian Rebounded From Day-Ago Plunge, Analysts Say Concerns Unfounded

NEW YORK (AP) -- Syntax-Brillian Corp. rose in early trading Thursday after analysts dismissed a day-old rumor that the company might stop key sales to a major vendor.

Shares of the Tempe, Ariz.-based company jumped 53 cents, or 11.6 percent, to $5.09, following a 16.5 percent plunge Wednesday.

The Wednesday selloff was prompted by an analyst note that said the company may stop selling its liquid crystal display high-definition televisions to Circuit City Stores Inc. The company responded by saying it remains committed to Circuit City.

On Thursday, Robert W. Baird & Co. analyst Tristan Gerra in a client note reiterated an "Outperform" rating with a $15 target price on shares, saying concerns over the company's Olevia-branded LCDs are unfounded.

The analyst said the company's LCDs outsell competitors' at Circuit City, while distribution of the Olevia product is likely to grow ahead.

"We continue to believe the distribution of Olevia TVs will continue to expand at new and existing retailers in the U.S., Asia, and Europe in the second-half of this year, as demand for the Olevia brand continues to be strong," wrote Gerra.

CIBC World Markets Corp. analyst Daniel M. Gelbtuch in a client note also said the concerns "are way, way off."

"We believe Monday's pressure was due to another competitor's suggestion that Sony's intent to sell entry-level LCD-TVs at Wal-Mart will likely damage Olevia's competitive position," wrote Gelbtuch. "We believe Sony's cost/markup structure will not compete with Olevia, nor is Wal-Mart a Syntax-Brillian customer."

http://biz.yahoo.com/ap/070614/syntax_brillian_out_of_the_gate.html?.v=1


--- Here is TheStreet.com take on this issue:

There seems to be a huge misunderstanding of Syntax-Brillian (BRLC - Cramer's Take - Stockpickr - Rating). Wall Street hates uncertainly and what's uncertain right now is whether it is pulling its flat-panel displays from Circuit City (CC - Cramer's Take - Stockpickr - Rating) stores.

The retailer is supposedly trying to find another flat-panel display maker, according to analysts, but Syntax-Brillian released a note later in the day that said it is fully committed to Circuit City. The stock fell 90 cents, or 16.4%, to $4.56 on these concerns. But demand is so huge for flat-panel displays that regardless of Circuit City, it probably would not affect BRLC's bottom line. This stock could pop right back to $5 on a snapback play.

http://www.thestreet.com/_yahoo/newsanalysis/stockpickr/10362470.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA


--- From Briefing.com 10:54

BRLC Syntax-Brillian: Research reveals a huge demand backlog for Olevia TVs and ample production capacity - Brean Murray (5.14 +0.58) -Update-

Brean Murray notes that over the past two days, concerns over Circuit City (CC) phasing out Olevia TVs and Sony's (SNE) plan of selling TVs into Wal-Mart (WMT) have pressured BRLC. However, the firm's research confirmed that CC is not only continuing but also expanding orders for Olevia TVs for the remainder of 2007. Further, though they are unsure of SNE's pricing strategy for its line of TVs for WMT, their latest market comparisons reveal that SNE currently prices its TVs at nearly a 100% premium to similarly equipped Olevia TVs.

"BRLC" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                    
All history on a stock pick in 1 thread is awesome.                                                      
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                                 
Thank You....and good luck with all your trades....make some $$$                    

m2machine,
   Thanks for the alert, I jumped in at $5.45, we will see how this plays out

You are welcome shaker.....hold your shares through March 2008 and you will triple your investment. The holiday season is coming up and BRLC will literally explode

Quote from: m2machine on June 15, 2007, 11:32:38 AM
You are welcome shaker.....hold your shares through March 2008 and you will triple your investment. The holiday season is coming up and BRLC will literally explode

I certainly hope so .  Well, I should have done a better job of buying this stock, I should have known that with friday profit taking it would close that gap.  Oh well, I think this is still a very good stock with a bright future.

In my opinion, anything under $5.5 is a major bargain. BRLC will start reverting the current negative trend this coming week. I expect a steady rise the next few months as the strongest season of the year start in July.