Amkor Technology, Inc. (NASDAQ:AMKR)
The Company is a subcontractor of semiconductor packaging and test services.
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Recs
amkr is in a strong trend upward. So far the market's weakness has not changed that. After news that the semis may be on the move.(especially since the ratio between software and semis has been stronger in the software division and usually evens out over time) I like this company just as much as when I originally bought it at $5.90. Yes I have owned it for some time. It's pe ratio is low and its growth ratio I think will grow in the next couple of quarters as semis rebound.
Recs
Plant capacity usage is looking good, they are keeping tight reigns on CAPEX, and margins are higher than they've been in years. They have started using the substiantial free cash flow they're throwing off to pay down debt. The reduction in interest cost will fall right to the bottom line. Positioned well for the future.
Recs
Expect next quarter's earnings to be good. Alot of debt, but strong profits with a minimal P/E.
Recs
leader in its class, good revenue prospects
Recs
either going belly-up or to the moon. majority shareholder is on forbes 500...can bail out of current (debt) problems if needs to to save the equity...let's see...
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