NEW ARTICLE: Why this tech firm is racing to three-year high "It may have been short on words â just 99 of them on current trading - but LSE:CML:CML Microsystems' second-half update certainly packed a punch. News that full-year figures due out on 13 June will beat analyst expectations lit a fuse under the ..."[link]
Trading update Trading update today, For the year ended 31/3/17:-Revenue for the year above £27.6m, PBT circa £4.2m, cash at 31/3/17 £ 12.4m
Re: Analysis of CML Yep agreed, i've had this on watch for a while and have bought a few now....
S,P. Angel forecast SP Angel ( joint broker ) are forecasting sales to grow by 4.6% to £22.8m in 2016, and by 8.3% to £24.7m in 2017, ---operating margins of 14.5% and 15.8%,----earnings growth of 0.8% to 16.6p and 18.2% to 19.6p."Design win momentum continues, and new products, a number of which are much higher AUP`s, such as wireless chipsets , are expected to positively impact within the year ending March 2017"Patience should pay here.
Analysis of CML The analyst consensus for CML is look very bullish over the next few years, what do people think? [link]
ORBCOMM Inc. agreement with Agreement with ORBCOMM Inc.CML will have 3 chips in each satellite launched . This is a significant agreement that will run for five years.I will try to get more info. in due course.
RNS late today RNS late today- I will attempt to check this out tomorrow.Agreement with ORBCOMM Inc.CML Microsystems Plc (CML), which designs, manufactures and markets a broad range of semiconductors, primarily for global communication and data storage markets, announces the existence of an agreement with ORBCOMM Inc. (NASDAQ: ORBC) for the development and production of a semiconductor chip-set including modem and RF functionality for exclusive use on the ORBCOMM next generation OG2 satellite network. The chip-set solution will be deployed within satellite communications devices for global machine-to-machine (M2M) applications and first production shipments are scheduled to commence in the coming months