Sanmina Corporation (NASDAQ:SANM)

CAPS Rating: 5 out of 5

An independent global provider of customized, integrated electronics manufacturing services. The company provides these services primarily to original equipment manufacturers.

Results 1 - 20 of 21 : 1 2 Next »

Recs

0
Member Avatar FormFactor (< 20) Submitted: 11/2/2011 7:36:51 PM : Outperform Start Price: $8.58 SANM Score: +113.44

Hot Off the Presses:
http://localizedusa.com/2011/11/02/sanmina-sci-sanm-shares-given-new-13-00-price-target-by-needham-company-analysts/

Over sold based on current market valuations vs long term outlook, short and long term buy at $8.43 as of 02Nov2011 closing price.

Recs

0
Member Avatar saltydawg1944 (< 20) Submitted: 12/8/2010 9:53:02 AM : Outperform Start Price: $11.40 SANM Score: +42.95

at one point in time i workrd there for 15 plus years, they still need help at the top of management

Recs

1
Member Avatar AnchorageAK (< 20) Submitted: 11/28/2010 5:56:09 PM : Outperform Start Price: $10.80 SANM Score: +48.03

Trailing P/E (ttm, intraday): 7.32
Forward P/E (fye Oct 2, 2012)1: 5.07
PEG Ratio (5 yr expected)1: 0.36
Price/Sales (ttm): 0.14

Recs

0
Member Avatar PearlandTX (91.95) Submitted: 11/20/2010 6:24:02 PM : Outperform Start Price: $11.01 SANM Score: +45.57

Strong balance sheet in an industry positioned to benefit from improving economic situation.

Recs

0
Member Avatar latata1 (< 20) Submitted: 11/4/2010 8:29:59 PM : Outperform Start Price: $12.60 SANM Score: +22.29

its good
not to good
try observe it carefully
bad stock

Recs

0
Member Avatar SqwiiToN (< 20) Submitted: 9/26/2008 2:58:14 PM : Outperform Start Price: $1.55 SANM Score: +1,342.43

m4m pick

Recs

0
Member Avatar FolioN (< 20) Submitted: 9/1/2008 2:00:37 PM : Outperform Start Price: $2.39 SANM Score: +823.26

Large

Recs

1
Member Avatar welebrity (< 20) Submitted: 8/6/2008 4:30:21 PM : Outperform Start Price: $1.93 SANM Score: +1,054.73

Management changes, better financial strategy, and selling of non-core manufacturing to focus on OEM contract manufacturing.

Recs

0
Member Avatar stockpickeraz (26.79) Submitted: 5/29/2008 12:53:56 PM : Underperform Start Price: $1.55 SANM Score: -1,366.85

Lost money on this stock in real life. Company and stock seems to be going nowhere. Bad investment.

Recs

0
Member Avatar BGlobal (< 20) Submitted: 3/13/2008 1:47:14 PM : Outperform Start Price: $1.55 SANM Score: +1,356.20

In a year or so this company will get it shop in order and its market will stablize.

Recs

0
Member Avatar therealuw (72.19) Submitted: 2/29/2008 3:55:55 PM : Outperform Start Price: $1.65 SANM Score: +1,265.93

Company has cash, and its book value is more than its share price. The company is bruised and has been for some time, but I do not believe it is broken.

Recs

1
Member Avatar morningstarboy (77.77) Submitted: 2/21/2008 1:02:20 PM : Outperform Start Price: $1.66 SANM Score: +1,258.16

As of close of business on 2/20/08, this was a 5-star Morningstar stock trading at less than half of its Morningstar fair value.

Recs

0
Member Avatar daddio926 (< 20) Submitted: 6/19/2007 12:45:04 PM : Underperform Start Price: $3.45 SANM Score: -542.58

Poor management

Recs

2
Member Avatar NetscribeSemiCdr (58.25) Submitted: 5/30/2007 7:52:02 AM : Underperform Start Price: $3.52 SANM Score: -526.95

For the second quarter ended March 31, 2007, Sanmina-SCI reported revenue of $2.61 billion, down from $2.78 billion in the first quarter of fiscal 2007 ended December 31, 2006 and modestly down from $2.67 billion reported in the second quarter of fiscal 2006 ended April 1, 2006. Net income for the second fiscal quarter of 2007 was $793 thousand, down from the first quarter net income of $34.7 million.

Sanmina’s has been working on its restructuring plans with restructuring going on in it’s in the components business, due to which it was negatively affected. The company generates approximately 20% of its revenues from the sale of electronic components, specifically bare printed circuit boards, high-end backplanes, cables, enclosures, machining, optical modules, and plastics. The most recent quarter’s results highlighted ongoing problems in this business, as the sales from this business declined 20% sequentially; driving the company’s operating margins down 100 basis points from 2.5% to 1.5%.

The company’s most recent restructuring plan calls for selling off non-core assets—its PC assembly business, a memory module business, and other assets. The management is looking out sell of its underperforming PC business but the company is unlikely to find a buyer of its PC business. Additionally two of the company’s PC customers, IBM and HP, are customers in other segments of the company’s business, accounting for almost 10% of the revenue. Walking away from the PC assembly business is also expected to trigger business losses in the other segments of the company.

With end demand headwinds in major markets compounding an already cloudy roadmap in its components business, Sanmina is unlikely to impress the investors in the coming months.

Recs

0
Member Avatar pickemup (< 20) Submitted: 4/19/2007 4:20:03 PM : Underperform Start Price: $3.75 SANM Score: -482.98

Horrible management and inability to vertically integrate

Recs

1
Member Avatar Octopulous1 (< 20) Submitted: 3/20/2007 9:21:19 AM : Outperform Start Price: $3.75 SANM Score: +474.65

Stock has been in a slump for quite some time, making several attempts to bounce out only to have market jitters beat it back down. This stock is $4.50 - $5.00 before the end of calendar '07.

Recs

0
Member Avatar FatCatOnly (< 20) Submitted: 1/30/2007 7:52:51 AM : Outperform Start Price: $3.50 SANM Score: +521.20

value. OEM.

Recs

0
Member Avatar WallStFinest (< 20) Submitted: 1/6/2007 4:38:39 AM : Outperform Start Price: $3.44 SANM Score: +531.25

Speculcative buy target 5$

Recs

0
Member Avatar RMH100 (< 20) Submitted: 12/24/2006 9:22:13 AM : Underperform Start Price: $3.46 SANM Score: -527.32

good stock for trade

Recs

0
Member Avatar PowerPole (< 20) Submitted: 10/17/2006 11:26:26 PM : Underperform Start Price: $3.88 SANM Score: -449.80

SANM HAS OPTIONS EXPENSING PROBLEMS...

Results 1 - 20 of 21 : 1 2 Next »

Featured Broker Partners


Advertisement