Intel will be another Nokia in making. Intel made a huge mistake 10 years ago. Now 12,000 workers are paying the price.
On Tuesday, Intel announced that it was laying off 12,000 employees, 11 percent of its workforce, the latest sign of the company's struggle to adapt to the post-PC world. Intel still isn't a significant player in the mobile market — iPhones, iPads, and Android-based phones and tablets mostly use chips based on a competing standard called ARM.
The mobile revolution is leaving Intel behind
Intel had not just one but two opportunities to become a major player in the mobile chip market. One was the opportunity to bid on Apple's iPhone business. The other was its ownership of XScale, an ARM-based chipmaker Intel owned until it sold it for $600 million in 2006.
Intel sold XScale because it wanted to double down on the x86 architecture that had made it so successful. Intel was working on a low-power version of x86 chips called Atom, and it believed that selling ARM chips would signal a lack of commitment to the Atom platform.
But Atom chips didn't gain much traction. Intel has made a lot of progress improving the power efficiency of its Atom chips. But ARM-based chipmakers are experts at building low-power chips, having focused on that task for more than a decade. So they had the early advantage. And at this point, ARM has a huge share of the market. That gives them all of the advantages — more engineers, better software — that come with being a dominant platform.
A ship sinking .......Even Big Blue also cannot survive if it does not change.
IBM Shares Tumble After Earnings Forecast Misses Estimates
New Products Revenue in cognitive solutions, which comprises older and newer software and includes the Watson data analytics units, declined 1.7 percent to $3.98 billion in the period. About 63 percent of the revenue came from IBM’s strategic imperatives. Most of the company’s software sales also come from this division. Total software revenue declined, IBM said. In particular, growth of the newer offerings in cognitive solutions, which houses much of what IBM is counting on as a major part of its future, was slower than growth in some other segments. The new software is sold on an as-a-service basis, and it takes time to build up this type of product, Schroeter said in an interview. “These are businesses that probably have a fair bit of ramp in order to make them sizable and start to punch above their weight in terms of overall growth rate,” he said. “We saw pretty good acceleration from the fourth quarter to the first quarter.”
Software Sales That software as a whole doesn’t seem to be improving is disappointing, said Dan Morgan, senior portfolio manager at Synovus Securities Inc., which holds IBM stock. “This is a bucket where we would have liked to see some sort of improvement. The jury is still out on whether Rometty is going to pull this thing out.”
Parkson didn’t do anything wrong, but somehow, it lost.
Sales on Singles day (11.11) by Alibaba (USD 14.3 billion or RM 60 billion) is equivalent to 5.04 times PHB Gross Sales Proceeds (RM 11.9 billion) for the whole financial year of 2015.
WC need not do anything wrong, by not doing anything right, he is bringing Parkson to holland just like Nokia.
PRA is now at S$0.156. It simply reflects how Singaporean think of the future for traditional departmental stores like Parkson.
I wish to reiterate, Parkson share valuation is only worth 75 sen, taking into consideration of PRA and PRGL current share price. With 30% discount for holding company, plus yesteryear business model, plus risk of forced selling by Affin Hwang (Penang) on WC pledged securities, safe bet on Parkson is 50 sen.
It is now up to you to rebut my opinion as stated above. I am more willing to accept reasonable argument rather than statement like WC can buy back more share cheap-cheap at 50 sen. I am still skeptical about the wisdom of share buy back at 4.50pm each day. To me, it amounts to manipulation of closing price to avoid further margin calls. Any form of manipulation of share price is a criminal offence regardless its motive. Repco Lau went to jail for 5 years on similar offence............
Jk37,sona wa agak tinggi risiko sebab ini kaunter SPAC,satu group dgn cliq dan rsena.kalau SC tak approve dia punya SPAC memang pengsan waran.ini dah berlaku pada cliq wa yg semua perlabur waran hancur.Cliq wa baru expired tanpa kelulusan SC.Apapun,bila beli saham satu perkara yg saya selalu ingat iaitu,Bursa saham ialah tempat penipuan secara halal
Why is ks55 is a conman? He want to promote Parkson down(50-75 sen?) but failed.
Posted by ks55 > Apr 22, 2016 07:41 PM | Report Abuse Not asking you to buy lah, how can you kena con? Don't be conned by Mr Parkson lah. He has been asking people to buy the con man stock. He want people to go holland with him...........
Simple question why ks55 cannot answer? If he is a student sure fail in exam.
Posted by angelinaloke > Apr 21, 2016 05:53 PM | Report Abuse ks55, need your favor advice. Were the shares sale through open market ? If yes, then i am curious how it could sold into open market for 2.18M on 20.04.2016 whereby the day transaction only done 1.7M shares. It is stretching my head..
Posted by anticonman > Apr 22, 2016 03:18 PM | Report Abuse X A conman will only delete his postings like what ks55 did. Now only 716 postings compare to 1000 before.
bros, no need to angry and worry. With one guy give the such cock comment, want to shake the market ? Who is he ?! Whatever share price up or down, market finally will give a fair value to the stock.
Not exactly. WC daughter has become new mgmt so you won't see SBB using a lot of money unlike last year. Now SBB only use at 87-99 sen range not above RM 1. They also venture into shopping malls and F&B business recently not only retailing.
Posted by paperplane2016 > Apr 24, 2016 01:21 AM | Report Abuse Mgt all old ppl. Cant even fight the taiwanese in china and also china ppl. Shame.
I have been seeing Parkson to boom from RM0.50 to RM6 & then from RM6 to now, if you don't know the history, you will never know what I am talking about.
I afraid you are one of those blindly follow group.
You must a newbie to not know share price can fluctuate wildly. Do you exist when Repco jump to RM 200 in 1998 and subsequently delisted. Don't think what share jump high must be good. Similarly what share drop a lot can still rebound later on.
Hi Parkson, I am not comparing the share prices of Parkson & Aeon, I am comparing my shopping experience with both shops.
I won't compare both because Parkson has been venturing into oversea markets such as Vietnam & other Asean countries while AEON has been focusing in Malaysia market only. So, they are 2 different ball games here.
One has to look into why prices of Hong Kong & Malaysia Parkson has been falling all these while.
Nokia is dead now, no one can guarantee what was big before won't die now.
Talk about Repco, it was a junk & never fit my standard of buying share, only idiots would buy these kind of stocks with more than 100PE or no profit at all.
As expected shares buy back continue last Friday meaning Parkson still undervalued. Notice of Shares Buy Back - Immediate Announcement PARKSON HOLDINGS BERHAD
Date of buy back 22 Apr 2016 Description of shares purchased Ordinary shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 106,000 Minimum price paid for each share purchased ($$) 0.945 Maximum price paid for each share purchased ($$) 0.950 Total consideration paid ($$) 101,002.21 Number of shares purchased retained in treasury (units) 106,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 33,697,180 Adjusted issued capital after cancellation (no. of shares) (units) Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 3.08000 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5066337
Good_Trader, Good_Trader are you still here ah ? I understand what you said, I sell because I abit takut haha, however I still hold parkson mother share, still confidence . Good_Trader can I ask you one questions ?
is it every company warrant which issued by banks include : Maybank , Cimb , Rhb , all also cannot convert back to mother share ?
Notice of Shares Buy Back - Immediate Announcement Notice of Shares Buy Back - Immediate Announcement PARKSON HOLDINGS BERHAD
Date of buy back 22 Apr 2016 Description of shares purchased Ordinary shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 106,000 Minimum price paid for each share purchased ($$) 0.945 Maximum price paid for each share purchased ($$) 0.950 Total consideration paid ($$) 101,002.21 Number of shares purchased retained in treasury (units) 106,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 33,697,180 Adjusted issued capital after cancellation (no. of shares) (units) Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 3.08000 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5066337
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
4,228 posts
Posted by ks55 > 2016-04-22 16:23 | Report Abuse
Intel will be another Nokia in making. Intel made a huge mistake 10 years ago. Now 12,000 workers are paying the price.
On Tuesday, Intel announced that it was laying off 12,000 employees, 11 percent of its workforce, the latest sign of the company's struggle to adapt to the post-PC world. Intel still isn't a significant player in the mobile market — iPhones, iPads, and Android-based phones and tablets mostly use chips based on a competing standard called ARM.
The mobile revolution is leaving Intel behind
Intel had not just one but two opportunities to become a major player in the mobile chip market. One was the opportunity to bid on Apple's iPhone business. The other was its ownership of XScale, an ARM-based chipmaker Intel owned until it sold it for $600 million in 2006.
Intel sold XScale because it wanted to double down on the x86 architecture that had made it so successful. Intel was working on a low-power version of x86 chips called Atom, and it believed that selling ARM chips would signal a lack of commitment to the Atom platform.
But Atom chips didn't gain much traction. Intel has made a lot of progress improving the power efficiency of its Atom chips. But ARM-based chipmakers are experts at building low-power chips, having focused on that task for more than a decade. So they had the early advantage. And at this point, ARM has a huge share of the market. That gives them all of the advantages — more engineers, better software — that come with being a dominant platform.
http://www.vox.com/2016/4/20/11463818/intel-iphone-mobile-revolution