Flextronics - Suche Infos - 500 Beiträge pro Seite

[Atreiju]

Hallo Leute,

gibt es irgend jemanden, der nähere Infos zu diesem Wert hat. Habe nachdem mehrere Analysten diesen Wert als Outperformer bzw. Strong Buy geratet haben zu 49 $ gekauft. Kursziel soll 80 $ sein.

[Atreiju]

Hi Leute,

kann oder will mir keiner helfen. Gibt es hier nur Leute, die mit abgedrehten Zockeraktien handeln wollen oder findet man auch andere, mit denen man sich über fundamental interessante Aktien, die auch 50-100%-Chancen bieten unterhalten kann.

Hoffe immer noch auf Antwort....

Atreiju

[NoamX]

Hallo,

ich habe Flextronics jetzt fast 3 Jahren in Depot und erfreue mich
deutlicher Wertsteigerungen (Kauf bei Split adjusted 6 1/2 USD).
Bis auf einen kleinen Tauchgang im September 98 beim Crash performed
die Aktie halt immmer um etwa 100% Plus im Jahr.

Im Unterschied zu den Internetwerte liegt bei Flextronics (genauso
wie bei den anderen ECM Werten wie SCI, Jabil, Solectron, Sanmina etc)
ein entsprechendes Unternehmens und GEWINNwachstum zu Grunde.

Ich habe im Forum für Jabil zwei englische Postings über den ECM
(Electornic Contract Manufacturer oder EMS Electronic Manufacturing
Services) Markt geposted.

Ansonsten schau mal bei

http://www.siliconinvestor.com/stocktalk/subject.gsp?subject…

oder

http://www.siliconinvestor.com/stocktalk/subject.gsp?subject…

(beides Englische Messageboards) nach. Lies auch die älteren
Postings, an der fundamentalen Beurteilung ECMs hat sich
in den letzten Jahren nichts geändert.

Flextronics - Very Strong Buy!!!

NoamX

[Atreiju]

Danke NoamX,

ich hatte die Hoffnung schon aufgegeben, daß hier einer etwas über den Wert weiß oder wissen will. Ich bin nach wie vor überzeugt, daß wir beide uns noch sehr über diesen Wert freuen werden.

Sollen andere ruhig mit Zockerwerten ihr Geld verspielen, es gibt auch solide Werte mit 50-100% - Chancen.

Bis bald

Atreiju

[NoamX]

Heute im SI gefunden:

From today`s New York Times:

10 Stocks for 2010: Buy-and-Hold Picks From Top Investors

--------------------------------------------------------------------------------
Issue in Depth
The New York Times: Your Money
--------------------------------------------------------------------------------

By KENNETH N. GILPIN

AY traders and momentum investors probably won`t be interested in this article. Because what we`re talking about here is looooong-term investing. The people in Atlanta who for years and years have owned shares in a certain local company that makes soda pop will understand. So will those who a few decades ago entrusted some money to a brainy guy in Omaha. So, too, will that brainy guy himself, Warren E. Buffett.

What we`ve done is to ask 10 very smart, very successful investment professionals to pick one stock each -- a stock that barring an act of God or some unforeseeable geopolitical disaster they would feel comfortable buying now and holding until Jan. 1, 2010.

The stocks they selected are an eclectic lot. None of the managers mentioned many of the best performers of the 1990`s -- not Microsoft, not Qualcomm, not EMC. On the other hand, more than a few participants picked stocks they have already owned for 10 years -- fairly remarkable for people whose livelihoods depend in whole or in part on how their stock picks do over the short term.

This article is not an attempt to identify the stocks that will do the best in the next 10 years.

As an article on Page 9 explains, the lists of the best-performing stocks of past decades are peppered with names of companies that flared and then flailed, companies that only the most prescient, lead-bellied investor would have bought at the start of the decade.

In the fullness of time, a few of the stocks that our financial professionals have selected may wind up on the best-dressed list of the 00`s. Most probably will not.

Given the track records of the participants, however, when the time comes to look back, the odds are that the bulk of these companies will have qualified as good long-term investments.

See you in 2010.

Roger McNamee
Integral Capital Partners
Pick: Flextronics International

It may seem counterintuitive, but venture capitalists are often buy-and-hold investors.

"Cisco has been part of our portfolio since just after it went public in 1990," said Mr. McNamee, whose firm makes venture capital and public investments in technology companies.

"We have owned Microsoft and Intel for much of the last decade, and Oracle for most of that time," he said. "Their common characteristic is that they were all positioned in front of very large business opportunities."

Indeed, making sure a company is well positioned in a growing industry -- "getting the fundamentals right," as Mr. McNamee puts it -- is probably the most valuable thing an investor can do when committing money to a stock for a decade or more.

And then, he said, "you have to leave it to the market."

Mr. McNamee is comfortable with the fundamentals at Flextronics International, another long-term Integral holding that is his top pick as a keeper for the 00`s.

"They are Manufacturing Inc. for the technology world," he said of Flextronics, which is based in Singapore. "They are a contract manufacturer with the most efficient supply train in the industry. When you go to Cisco`s Web site to order a router, it goes to Flextronics. They have an exceptional management team and a wonderful reputation of having totally changed the rules. They are the Dell Computer of this decade."

Flextronics, which went public in 1994, had a total return of more than 1,100 percent during the 1990`s. Still, for an Internet-related company, the stock is trading at a comparatively modest 53 times this year`s earnings." target="_blank" rel="nofollow ugc noopener">http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12923…" target="_blank" rel="nofollow ugc noopener">
"We have owned Microsoft and Intel for much of the last decade, and Oracle for most of that time," he said. "Their common characteristic is that they were all positioned in front of very large business opportunities."

Indeed, making sure a company is well positioned in a growing industry -- "getting the fundamentals right," as Mr. McNamee puts it -- is probably the most valuable thing an investor can do when committing money to a stock for a decade or more.

And then, he said, "you have to leave it to the market."

Mr. McNamee is comfortable with the fundamentals at Flextronics International, another long-term Integral holding that is his top pick as a keeper for the 00`s.

"They are Manufacturing Inc. for the technology world," he said of Flextronics, which is based in Singapore. "They are a contract manufacturer with the most efficient supply train in the industry. When you go to Cisco`s Web site to order a router, it goes to Flextronics. They have an exceptional management team and a wonderful reputation of having totally changed the rules. They are the Dell Computer of this decade."

Flextronics, which went public in 1994, had a total return of more than 1,100 percent during the 1990`s. Still, for an Internet-related company, the stock is trading at a comparatively modest 53 times this year`s earnings." target="_blank" rel="nofollow ugc noopener">http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12923…

[NoamX]

Im Westen nichts Neues:

http://biz.yahoo.com/wi/000222/5601.html

worldlyinvestor.com Sector of the Day
Flextronics Quietly Builds Electronics, and Value
By Robert Cyran, Correspondent

Flextronics makes the guts of your electronics. Works well in a portfolio too.

If you are foolish enough to pry open your Palm Pilot, thus voiding the warranty, you would find that a
company called Flextronics (Nasdaq:FLEX - news) made most of the parts.

In fact, a little exploratory surgery would show that this global electronics dynamo makes the guts of many of your electronic goods. The
company is so pervasive in such a hot marketplace that many analysts suggest also placing some of its stock in your portfolio.

The day is long gone when high-tech companies such as Cisco (Nasdaq:CSCO - news), Ericsson (Nasdaq:ERICY - news), and Philips
Electronics (NYSE:PHG - news) actually made the goods that bear their names. Now, these firms want to concentrate on the high-margin
tasks of design, research and branding.

Ruling the Lower Margins
Flextronics is one of the fastest-growing of a new breed of companies called Electronics Manufacturing Services (EMS), which are taking
over the messy business of making things from the companies that develop and brand them. Flextronics and its larger competitors,
Celestica (NYSE:CLS - news) and Solectron (NYSE:SLR - news), don`t mind the lower margins of manufacturing because they do so
much of it.

Flextronics stock may seem a little rich, trading at 73 times its earnings after adjusting for acquisitions in 1999. But keep in mind that
earnings are expected to grow 66% this fiscal year and 50% next year.

Furthermore, Flextronics has a habit of beating estimates regularly. As a result, Flextronics` shares have tripled over the past 12 months.

The total market for electronics outsourcing for 1999 was about $72 billion, according to Technology Forecasters, a market-research
firm. About 4% of that was performed by Flextronics.

The market for electronics manufacturing is global, and so are the outsourcers. Flextronics` corporate structure reflects this
internationalism. Its headquarters are in Singapore, although most operations are run out of its Silicon Valley center.

Bordering on Rich Markets
If you want to find a Flextronics factory, just look around the borders of rich regions throughout the world. Flextronics plants in Hungary,
Mexico and Malaysia are filled with cheap, skilled labor adjacent to the rich markets in the US, Europe and Japan.

These factories can take orders electronically and begin shipping the order as fast as they can make it. Often, this is much faster than the
designing firm could set up a production line.

Specialization in manufacturing brings other benefits. Flextronics drives down construction costs by applying the lessons learned from
previous production runs. In addition, factory equipment can be run continuously. If orders for Ericsson slow down, the line can be quickly
switched to produce Nokia equipment

Can`t Add Capacity Fast Enough
Flextronics has made over a dozen acquisitions in the past three years. Manufacturers such as Ericsson, ABB and Fujitsu (OTC:FJTSY -
news) sold factories in exchange for cash and an outsourcing contract. Flextronics bought the factories and raised productivity by
producing components for several companies.

Flextronics has also been snapping up other outsourcing companies. Its largest action to date has been its proposed merger with DII
Group (NasdaqIIG - news) which is expected to close in April.

Despite adding on so much capacity, Flextronics still has to turn away customers.

``Flextronics couldn`t begin to handle all the demand it had in China,`` says Sasmit Dwivedi who covers Flextronics for CIBC, an
investment bank. ``The DII merger should help because they can send some of these orders to DII`s Asian factories.``

Small but Efficient
With all of Flextronics acquisitions in the past several years, is Flextronics buying its growth? Not at all. According to analysts, Flextronics
has the highest rate of internal growth in the EMS business.

``Flextronics` revenues grew a little over 100% in the most recent quarter and nearly all of that was organic growth,`` according to Shelby
Fleck of Morgan Stanley Dean Witter.

Revenues are increasing at such a rapid rate because the majority of Flextronics` contracts are for high-growth areas, such as
data-networking and telecom equipment. Analysts conservatively expect Flextronics to grow at least twice the speed of the overall
electronic-outsourcing market, which doubles every three and a half years.

Earnings haven`t been stagnant either, growing at an average annual rate of 54% from 1995 to 1999. This was higher than the 50% growth
rate of Flextronics` competitors.

Although Flextronics is one of the largest outsourcers, last year`s $3 billion in sales are muscled aside by outsourcing giants Solectron, with
$8.4 billion, and Celestica, with $5.3 billion.

But what Flextronics lacks in size it makes up in efficiency. Fleck says that Flextronics spends the least on management of all the
outsourcers. This is impressive considering she thinks it has the fastest rate of internal growth. Efficiency should continue to rise as the
company grows and receives bigger discounts from its suppliers.

Outsourcing Still in Growth Stage
Outsourcing is in no danger of slowing down.

Companies haven`t come close to divesting all the factories they run. Japan, in particular, offers tremendous room for growth, given that
Japan`s huge electronics-manufacturing concerns have just begun to look at outsourcing.

Besides geographic expansion, outsourcers are expanding the range of services they offer by moving into the more lucrative fields of
engineering and supply-chain management. The ultimate goal is rather breathtaking -- they want to handle all physical activities of their
clients, leaving them free to focus purely on design and branding.

[NoamX]

Mal wieder ein kleines Crossposting von mir:

FLEX macht 30 Mrd (!) Dollar Geschäft mit Motorola:


Der Dienstleister in der Elektronikproduktion Flextronics International (Nasdaq: FLEX) und Motorola haben einen 30
Mrd. US-Dollar schweren Outsourcing-Vertrag geschlossen. Der Vertrag hat eine Laufzeit von 5 Jahren.

Für das Kommunikations- und Elektronikunternehmen Motorola ist das ein großer Schritt in dem Bemühen, die eigene
Organisation zu straffen und Fixkosten abzubauen.

Flextronics (Hauptsitz Singapur) arbeitet bereits für Cisco, Lucent und IBM. Aufträge von Motorola an Flextronics betreffen
vor allem Handies, Pager und andere Kommunikationsgeräte. Die Chance eines solchen Outsourcing-Programms kann
darin liegen, sich auf Kernkompetenzen, wie Entwicklung und Vertrieb zu konzentrieren. Der Kurs der Motorola-Aktie war
unter die Räder gekommen, als das Unternehmen die Gewinnerwartungen für das erste Quartal nicht erreichte. Grund war
der zunehmende Verkauf von Produkten mit geringerer Marge.

Dienstleister wie Flextronics, Solectron und andere können durch Spezialisierung und Economies of Scale oft günstiger
produzieren als Unternehmen wie Motorola in-house.

Motorola machte zunächst keine Angaben über positive wirtschaftliche Effekt, die sich aus dem Flextronics-Geschäft
ergeben könnten.

Als Teil der Vereinbarung wird Motorola 9% Anteil an Flextronics übernehmen für eine erste Zahlung von 100 Mio.
US-Dollar.

Die FLEX-Aktie macht einen 17,2%-Freudensprung auf 58 11/16 US-Dollar. 52-Wochen Bereich 21 ü zu 79 ¾ US-Dollar.
Der Umsatz ist sehr hoch: nach einer Stunde Handel sind nahezu 3,5 Mio. Stücke umgegangen. Sonst liegt der
Durchschnitt bei knapp 3 Mio. Stück für den gesamten Handlestag.

[cashmoney]

Flextronics International Ltd.
2090 Fortune Drive
San Jose, California 95131
Ms. Cheryl Scritchfield Laurette Slawson
Phone: [phone] Phone:[phone]
Fax: [phone] Fax: [phone]
Email:[e-mail] Email:[e-mail]





Flextronics: A Total Global Manufacturing Solution

Flextronics International Ltd. (NASDAQ: FLEX), is a global full-service supplier of a full spectrum of value-added Electronic Manufacturing Services. Its global original equipment manufacturer (OEM) customers include leaders in fast-growth communications; computers, medical and consumer markets where innovation, time-to-market, product miniaturization and cost reductions are paramount.

Commitment to Service

Flextronics provides a comprehensive menu of innovative engineering, manufacturing and distribution solutions, including:

Product design and development
Advanced packaging and interconnect engineering
Board layout and design
Design for manufacturing
Industrial, electrical & mechanical product development services
RF expertise and design center
Complex PCB assembly
Full Range of PCB Fabrication Services
Prototyping
Backplane manufacturing
Materials and logistics management
Complex systems-level product assembly
Test development and full system testing
Packaging
Order fulfillment and distribution services
Cable Assembly
Plastics Injection Molding
Tool Fabrication & inverted molded parts
Integrated custom electronic housings
New or retargeted ASIC Development
Copper & Fiber optic telecommunications switch installation


Corporate Headquarters

Singapore Headquarters: 11 Ubi Road 1 #07-01/02, Meiban Industrial Building, Singapore 408723

Key Developments

Acquisitions:


May 2000 – Flextronics Semiconductor, a division of Flextronics International, announced that it had concluded the purchase of the silicon library and IP business unit of Aspec Technology, Inc.
April 2000 – today announced that it has entered into a definitive agreement to acquire Uniskor Ltd., an Israel-based full service electronic manufacturing services (EMS) provider specializing in telecommunications, networking and wireless communications
April, 2000 - completed its acquisition of Palo Alto Products International.
April 2000 – Ascom and Flextronics, a globally active Contract Electronics Manufacturer (CEM), have signed an outsourcing contract, which puts the seal on the sale of Ascom`s manufacturing center in Solothurn to the CEM partner.
April, 2000 - completed its acquisition of the Dii Group.
March, 2000 - acquired manufacturing plant from Bosch, Denmark.
March 2000 – completed its acquisition of PCB Assembly.
March 2000 – announced the acquisition of the manufacturing assets of Circuit Board Assemblers (CBA), Newport Technologies, Inc., EMC International and Summit Manufacturing located in North Carolina’s Research Triangle.
January 2000 – Flextronics International (NASDAQ: FLEX) today announced that it has agreed to acquire two of Ericsson’s data and telecommunications installation units located in Copenhagen and Aarhus, Denmark.
January 2000 - entered into a definitive agreement, with Cabletron divesting its manufacturing and repair services operations located in Rochester, New Hampshire and Limerick, Ireland to Flextronics.
December 1999 – transferred the production assets of Psion`s subsidiary Psion Computers` in Greenford, United Kingdom.
November 1999 – Flextronics International, Ltd. and the Dii Group, Inc. jointly announced the signing of a definitive merger agreement for a tax-free, stock-for-stock merger.

Key Developments


April 20, 2000 Flextronics International announces record fourth quarter and fiscal year end pro forma results of $1.8 and $5.7 billion respectively.
April 19, 2000 Flextronics International today announced the company has been selected as a Microsoft electronics manufacturing services (EMS) partner to assist in the development and manufacturing of X-Box, due to ship in fall 2001.
April 18, 2000 Flextronics International announced its plans to establish an Industrial Park in Gdansk, Poland. The new industrial Park will bring Flextronics’ total to six - with the others being located in Hungary, Mexico, Brazil and China.
March 2, 2000 Flextronics International announced its strategic alliance with global enclosure systems provider, Chatham Technologies.
February 25, 2000 Flextronics International announced that it has commenced a public offering of 8.6 million of its Ordinary Shares pursuant to Flextronics’ currently effective shelf registration statement.
February 1, 2000, an announcement was made appointing Nicholas Brathwaite to Senior Vice President and Chief Technology Officer.
December 16, 1999, an announcement was made regarding the appointment of Steve Martson as the company`s new Senior Vice President and Chief Procurement Officer.
December 9, 1999 Flextronics International’s Swedish Operations has been awarded an ISO 14001-certificate, issued by SIS/SAQ.
December 1, 1999 Flextronics International today announced that the two-for-one stock split of its Ordinary Shares, to be effected in the form of a bonus issue (equivalent to a stock dividend), will be payable to the Company’s shareholders of record as of December 8, 1999.

Manufacturing Partners


Siemens/Fujitsu, - supplier of complex server systems and best-in-the-class IT products.
Nokia, Finland, - leading supplier of mobile phones, fixed telecomm networks and services.
3Com, – supplier of PalmPilot PDA.
Nortel Networks, – supplier of networking products.
Cisco Systems, – supplier of data communications products.
Compaq Computers/Microcom, – supplier of modems.
Ericsson Business Networks AB, – a world leader in telecommunications with expertise in switching, radio and networking.
Hewlett Packard, – supplier of printers.
Lucent Technologies, - supplier of telecommunications products.
Microsoft Corporation, – provider of software for PC`s and computer peripheral devices.
Motorola, – supplier of cell phones.
Philips, – supplier of consumer electronic products.

Global Operations


Flextronics operations and Industrial Parks total over 11.1 million square feet of manufacturing capacity in 23 countries and 4 continents that provide manufacturing services to international OEMs. Operations are in Austria, Brazil, China, Czech Republic, Denmark, Hungary, Finland, France, Germany, Ireland, Israel, Italy, Malaysia, Mexico, the Netherlands, Poland, Scotland, Sweden, Switzerland, Taiwan, Thailand, the United Kingdom and the United States.
16 Product Introduction Centers (PICs) located worldwide: Dallas, TX; Niwot, CO; Raleigh, NC; San Jose and San Diego, CA; Westford, MA; Greenford, London; Althofen, Austria; Milan, Italy; Karlskrona, Malmö, Stockholm and Vasteras Sweden; Paderborn, Germany; Kyröskoski, Finland; and Doumen, PRC.
12 Design & Engineering Centers located worldwide: Austin, TX; Binghamton, NY; Irvine and Palo Alto and Sunnyvale CA; Brno, Czech Republic; Cork, Ireland; Visby, Sweden; Zalaegerszeg, Hungary; India; Israel and Taiwan.
Approximately 49,000 employees worldwide

Management:


Michael E. Marks, Chairman of the Board and Chief Executive Officer
Robert R. B. Dykes, President, Systems Group & Chief Financial Officer
Michael McNamara, President, Americas Operations
Ronny Nilsson, President, Western European Operations
Humphrey W. Porter, President, Central/Eastern European Operations
Ash Bhardwaj, President, Asia Pacific Operations
Nicholas Brathwaite, Senior Vice President & Chief Technology Officer
Steve Martson, Senior Vice President & Chief Procurement Officer
David D. Craft, Vice President Strategic Accounts
Ben Robinson, Chief Operations Officer of Multek
Steve Schlepp, President of Multek
Ron Snyder, President of Flextronics Semiconductor
Jim Sacherman, Senior Vice President
Tom Smach, Vice President of Finance