Sell @ $0.555, $0.56
Decided to take some profits as earnings will likely be weaker for the next couple of quarters, as stated in their forward statement in the last quarterly results.. Latest BB,
North American Semiconductor Equipment Industry Posts September 2013 Book-to-Bill Ratio of 0.97
|
|
Billings |
Bookings |
Book-to-Bill |
|
April 2013 |
1,086.3 |
1,173.9 |
1.08 |
|
May 2013 |
1,223.4 |
1,321.3 |
1.08 |
|
June 2013 |
1,213.7 |
1,334.2 |
1.10 |
|
July 2013 |
1,204.0 |
1,207.2 |
1.00 |
|
August 2013 (final) |
1,081.9 |
1,063.9 |
0.98 |
|
September 2013 (prelim) |
1,005.6 |
975.3 |
0.97 |
Source: SEMI, October 2013
If they can maintain their dividend payout for the rest of the year, Yield is still a high ~9%. But, market does look weak after the recent run… Perhaps due for a pull back? Free up some cash first, especially since I'd bought quite a fair bit of UMS recently…:D