Posts Tagged ‘MCZ’

Madcatz (MCZ) Q1 09 Results

By: admin | Date posted: 08.28.2008 (6:00 pm)

MCZ – Madcatz Interactive (AMEX) – (Closing Price $0.76)

Madcatz reported its fiscal 2009 first quarter results on August 19 and reported decent numbers.

The company came in with revenue of 23.23 million and diluted earnings per share of -0.01. Revenue improved 6.2% sequentially and 59% year over year. However, without the revenue from the Saitek acquisition (7.5 million during the quarter) revenue would have been up only 7.9% over last year. EPS improved a penny from the prior quarter but was down a penny from last year. Gross profit, which has been a focus for Madcatz, improved both sequentially and year over year. It is interesting to note that Madcatz showed sequential improvement in revenue and EPS even though Q1 is its slowest quarter. (more…)

Free Stock Picks – June Report

By: admin | Date posted: 06.02.2008 (8:02 pm)

AIXG – Aixtron (NASDAQ)
Aixtron reported Q1 results on May 8 and reported flat results. However, the company reaffirmed guidance which means the company should report considerable improvement in future quarters. I would continue to hold your shares.

CAAS – China Automotive Systems (NASDAQ)
The stock price of China Automotive Systems had a big jump after the company released impressive Q1 results but has sold off since. I think the stock price of CAAS has the potential to go much higher so I would be patient and continue to hold.

DTLK – Datalink (NASDAQ)
There has not been any major news released about Datalink. A positive article was written about the company though. I still rate the company a hold. (more…)

Free Stock Picks April Update

By: admin | Date posted: 04.02.2008 (10:27 pm)

I usually don’t write about my stock recommendations unless they report quarterly earnings or some other important event happens (press release, news event, etc). However, I am going to start updating all my recommendations at the beginning of each month to keep you better informed on how each stock is doing and report on any important news.

Buy/Hold Recommendations:
CAAS – China Automotive Systems:
China Automotive Systems reported sound Q4 results on March 25 and the stock price has rebounded quite a bit from its lows. Today, the company announced that it completed its 35.5% acquisition of Henglong Automotive Parts and the transaction will be immediately accretive to earnings. China Automotive Systems is trading at a nice valuation and the company’s fundamentals should continue to improve in the coming year. I still think the company is a good buy. (more…)

Mad Catz Acquires License for Rock Band Game

By: admin | Date posted: 01.04.2008 (5:48 pm)

MCZ – Mad Catz Interactive (American Stock Exchange) - (Closing Price – $1.17)

Mad Catz announced a new license agreement today to produce and distribute game peripherals and other products for the game Rock Band published by MTV games.

Mad Catz has secured the rights to manufacture, market, and sell game accessories, including both wired and wireless bass guitars, a drum percussion set bundled with drum sticks, and a wired microphone. Mad Catz expects its initial offerings under this license agreement to be available in the first half of 2008.

Mad Catz continues to align itself with popular games and I think acquiring the license for Rock Band is a smart move. The Rock Band game is similar to Guitar Hero which has been highly successful for Activision (ATVI). If Rock Band attains even a little bit of the success that Guitar Hero has had it should be a popular title.

I am surprised the stock price of Mad Catz finished flat on the day but the general unease of the broader markets has weighed on Mad Catz for a while. Mad Catz’s share price is overdue for a pop and the company is coming into its strongest quarter so I would continue to hold your shares.

Disclaimer: I have no position in MCZ.

MCZ – Q1 2008 Earnings

By: admin | Date posted: 08.21.2007 (12:00 am)

MCZ – Mad Catz Interactive (American Stock Exchange) (Closing Price – $0.94)

Madcatz reported its fiscal 2008 first quarter results last Tuesday and posted solid numbers.

Madcatz came in with revenue of 14.58 million and a net loss of 181 thousand (break-even on a per share basis). Revenues declined year over year due to the release of Real World Golf in the prior year. However, gross margin continued to improve and Madcatz was able to post break-even in its slowest quarter (both are significant items). (more…)

MCZ – Q4 2007 Earnings

By: admin | Date posted: 06.10.2007 (12:00 am)

MCZ – Mad Catz Interactive (American Stock Exchange) (Closing Price on Friday – 06/08/07 – $1.21)

Madcatz reported very solid fourth quarter results on June 5.

For Q4 07 Madcatz reported revenue of 19.33 million and earnings per diluted share of 0.01. Revenues were up 12 percent compared with the corresponding quarter last year and earnings per share improved by 0.07 (MCZ reported a loss of 0.06 in Q4 06). Madcatz also reported continued improvement in gross margin (29.1% in Q4 07 compared with 28.74% last quarter and 1.04% in Q4 06.) (more…)

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