3SOF

it is my understanding that the first quarter is usually the weakest quarter for CIMT, we shall see.

Bought back some CIMT today, let's rock & roll! 

nice chart action today 
CIMT: Gains 45% Controlling Interest with 1.7M Share Purchase from Koonras
Tuesday , May 13, 2008 12:13ET

Cimatron Limited (Nasdaq: CIMT) announced that DBSI has signed an agreement to purchase 1.7M shares from Koonras Technologies Ltd. for $2.80 per share. Following the transaction, DBSI will hold 4,265,950 (approximately 45%) of the Company's shares and Koonras will hold 860,360 (approximately 9%) of the company's shares.

Update:

The chart is not very easy to analyze, especially if we focus on the usual short term lack of action, but one thing we may point, which is a well design up trend on the 1Y chart.
Today's price action with volume increasing suggests upside continuation, hopefully for another one of these big rallies.

Q1 results will be released next week, and this kind of price action beginning now could be a good sign for the numbers to come:
- Cimatron's Q1/2008 Results Release Scheduled for May 20th

Trading Plan:
HOLD CIMT

Regards,

Got back in CIMT near the close today 

hopefully this time we go abov e 4/share and stay there. or at least not come back down to the infamous patience island.:)I do have a coment though, it is my understanding that stock prices stay within the bollinger bands 95% of the time. When a stock  breaks out above the bollinger bands it only manages to stay above the bollinger bands for about 5% of the ime. having said that, CIMT broke above the bollinger bands yesterday and I am wondering if the bollinger bands are going to start expanding and the price is simply going to ride on the top of the bollinger bands which would be perfect or is the bollinger band not going to expand which would mean that the price acion from yesterday would not be sustainable for long. We would need a couple of more high volume days to confirm a solid uptrend right?any thoughts?

Earnings are coming close, next tuesday before the opening!

I think it will be possible to achieve yr over yr Qtr revenue growth of  100% since 1st Qtr 07 was only 5,3 mil, but to achieve(big) growth over the previous Qtr (4th Qtr 07: 9,9 mil) might be difficult as that is seasonally the strongest Qtr, it depends on what Gibbs has to bring in I guess.
Thoughts?

Why not?

Just my speculation:

Revenues --- CIMT $6.3M + Microsystem $2M + Gibbs $2.7 = $11M
Profit --- 11*0.1= $1.1M
EPS 1.1/9.3=0.12

Not bad if they can achieve it 

Best,
Vova

I'll take anything what takes us to $4 next week! 

Almost 60000 shares traded and the stock barely moves, manipulation or what? 

Update:

Q1 results will be out today before the open, followed by a conference call at 9AM:
- Cimatron's Q1/2008 Results Release Scheduled for May 20th

From a seasonal viewpoint, Q1 is usually the weakest for CIMT, so any unexpected number should be well assimilated by the market, on the other hand and in absence of public estimates the market should be already discounting a weak quarter.

Market action has been bullish, but with some hesitations, volume was up quite nice in the last few sessions, but still with not much impact on price.

Trading plan:
HOLD CIMT

Cimatron Reports Record Revenues of $10.3 million in Q1 2008 on a non-GAAP Basis
Tuesday May 20, 5:26 am ET
92% Year-Over-Year Revenue Growth on a non-GAAP Basis, 88% Revenue Growth on a GAAP Basis
Non-GAAP Net Income of $235 Thousand, GAAP net Loss of $(298) Thousand

GIVAT SHMUEL, Israel, May 20 /PRNewswire-FirstCall/ -- Cimatron Limited (NASDAQ: CIMT - News), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced financial results for the first quarter of 2008.

Following the merger and acquisition transactions with Gibbs in early 2008 and with Microsystem in 2007, Cimatron's results in the first quarter of 2008 consolidate Gibbs' financials for the first time and consolidate Microsystem's results for the first time in a first calendar quarter.

In addition, following these transactions, and due to business combination accounting rules that have a significant impact on Cimatron's financial results, Cimatron is, for the first time, also reporting non-GAAP financial data.

Financial Highlights:

Revenues on a GAAP basis for the first quarter of 2008 increased 88% to $10 million, as compared to $5.3 million in the first quarter of 2007. The increase was attributed both to organic growth and to the consolidation of Microsystem's and Gibbs' results.

Gross Income on a GAAP basis for the first quarter of 2008 was $8 million as compared to $4.5 million in the same period in 2007. Gross margin in the first quarter was 80%, compared to 84% in Q1 2007. The decrease in gross margin is mainly attributed to business combination accounting rules, and as expected, to Microsystem's lower margins on third party hardware products sales as compared to the margins on Cimatron sales.

Operating Loss on a GAAP basis in the first quarter of 2008 was $(218) thousand, compared to an operating income of $113 thousand in the first quarter of 2007.

Net Loss for the quarter on a GAAP basis was $(298) thousand, or $(0.03) per diluted share, compared to a net income of $181 thousand, or $0.02 per diluted share recorded in the same quarter of 2007.

Revenues on a non-GAAP basis for the first quarter of 2008 increased 92% to $10.3 million, as compared to $5.3 million in the first quarter of 2007.

Gross Income on a non-GAAP basis for the first quarter of 2008 was $8.4 million as compared to $4.5 million in the same period in 2007. Gross margin on a non-GAAP basis in the first quarter of 2008 was 82%, compared to 84% in Q1 2007.

Operating Income on a non-GAAP basis in the first quarter of 2008 was $277 thousand, as compared to non-GAAP operating income of $123 thousand in the first quarter of 2007.

Net Income on a non-GAAP basis in the first quarter of 2008 was $235 thousand, or $0.02 per diluted share, as compared to non-GAAP net income of $191 thousand, or $0.02 per diluted share in the first quarter of 2007.

Commenting on the results, Danny Haran, President and Chief Executive Officer of Cimatron, said, "We are pleased to show year-over- year revenue growth as a result of organic growth and the addition of Microsystem and Gibbs. The Gibbs merger process is well underway, as Cimatron's global distribution network has broadened its offering with GibbsCAM solutions, and currently starting initial GibbsCAM sales.

During the first quarter of 2008 we have kept our business momentum, still, the strong devaluation of the US Dollar against the New Israeli Shekel resulted in a 20% increase in the costs of our Israeli operations in Q1 2008, as compared to Q1 2007. This devaluation effect was only partially offset by the more favorable Dollar to Euro exchange rate.

We are taking cost control measures to counter the weak Dollar effect on our financial results and expect to see the benefits of such measures during 2008."

Reconciliation between results on a GAAP and Non-GAAP basis is provided in a table immediately following the Consolidated Statements of Operation (Non-GAAP basis). Non-GAAP financial measures consist of GAAP financial measures adjusted to include recognition of deferred revenues of acquired companies and to exclude amortization of acquired intangible assets and deferred income tax, as well as certain business combination accounting entries. The purpose of such adjustments is to give an indication of our performance exclusive of non-GAAP charges and other items that are considered by management to be outside our core operating results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read in conjunction with our consolidated financial statements prepared in accordance with GAAP.

Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. We believe that these non- GAAP measures help investors to understand our current and future operating cash flow and performance, especially as our two most recent acquisitions have resulted in amortization and non-cash items that have had a material impact on our GAAP profits. These non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies.

Good results imo, knowing that this is traditionally their weakest Qtr.

What a disaster, again! Last time I'll hold a stock through earnings, finished! 

Same here, Se7!! I am so disappointed! This big hope we bear every time before the earnings almost never pays off. Better sell and be safe. In case the market shows a positive reaction and shares are still "cheap", one can buy back...