Overclock.net › Forums › Industry News › Hardware News › [Senecaglobe] (NASDAQ:AMD) Gets Warning of Bankruptcy
New Posts  All Forums:Forum Nav:

[Senecaglobe] (NASDAQ:AMD) Gets Warning of Bankruptcy - Page 5

post #41 of 173
Quote:
Originally Posted by p4inkill3r View Post

You act like this is new information.

Yes and no.

I expected with Fury out, and their work on server SoC, they will not lose so much money in one year. Especially after all the income they got from selling their facility.
They had a net loss of 660M total in 2015, and that is even after they got 371M$ cash from selling their facility. That is 40% more loss than last year. They lost 28% revenue vs last year. That is pretty massive. They didn't even expect that to happen.

They expected 10-15% loss. They expected Carrizo to be in the market. They expected to partner with lenovo on several systems, with HP. They expected the omega drivers to bring huge improvement and return of sales. They expected freesync to kill G-sync. They expected their firepro cards to increase in sales and return to the supercomputer top systems.
Pretty much almost all of this, did not happen, and they lost about twice as much as they expected.

So yes. This is new information. Not just the investment company analysis, but when I looked into the financial numbers AMD published just recently about 2015. It is, literally, shocking.
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
post #42 of 173
Quote:
Originally Posted by PostalTwinkie View Post

Absolutely, this is the make or break year for AMD. Zen has to be nothing short of amazing for them to survive, especially as their debts come due.

Yep, GPUOpen also has to succeed
Current Rig
(10 items)
 
Old
(11 items)
 
2014
(14 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 3800+ Foxxconn 6150BK8MC 256MB ATI RADEON X800 PCIE 2.5 GB DDR400 
Hard DriveCoolingOSMonitor
80 GB Western Digital Thermaltake GunMet Orb MS Windows 7 Ultimate 64-bit Acer S230HL 
PowerCase
Allied SL-8360BTX ATX 350w Antec 300 
CPUMotherboardGraphicsRAM
AMD Athlon 64 3000+ K8 Combo-Z 256MB ATI Radeon 9550 / X1050 Series 1 GB 
Hard DriveOptical DriveOSMonitor
80 GB Western Digital OPTORITE CD-RW MS Windows XP Professional 32-bit SP3 Acer S230HL 23-Inch 
Power
Orion YH-480w 
CPUMotherboardGraphicsRAM
Intel i5-4670K MSI Z87-G45 MSI GTX 760 TF 2GD5 8GB G.SKILL Trident X DDR3-2400 
Hard DriveCoolingOSMonitor
Seagate Barracuda 500GB Cooler Master Hyper 212 EVO Microsoft Windows 10 Acer S230HL 23" 
KeyboardPowerCaseMouse
Logitech G105 SeaSonic M12II 620w 80+ Bronze Antec 300 Razer Deathadder 2013 
  hide details  
Reply
Current Rig
(10 items)
 
Old
(11 items)
 
2014
(14 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 3800+ Foxxconn 6150BK8MC 256MB ATI RADEON X800 PCIE 2.5 GB DDR400 
Hard DriveCoolingOSMonitor
80 GB Western Digital Thermaltake GunMet Orb MS Windows 7 Ultimate 64-bit Acer S230HL 
PowerCase
Allied SL-8360BTX ATX 350w Antec 300 
CPUMotherboardGraphicsRAM
AMD Athlon 64 3000+ K8 Combo-Z 256MB ATI Radeon 9550 / X1050 Series 1 GB 
Hard DriveOptical DriveOSMonitor
80 GB Western Digital OPTORITE CD-RW MS Windows XP Professional 32-bit SP3 Acer S230HL 23-Inch 
Power
Orion YH-480w 
CPUMotherboardGraphicsRAM
Intel i5-4670K MSI Z87-G45 MSI GTX 760 TF 2GD5 8GB G.SKILL Trident X DDR3-2400 
Hard DriveCoolingOSMonitor
Seagate Barracuda 500GB Cooler Master Hyper 212 EVO Microsoft Windows 10 Acer S230HL 23" 
KeyboardPowerCaseMouse
Logitech G105 SeaSonic M12II 620w 80+ Bronze Antec 300 Razer Deathadder 2013 
  hide details  
Reply
post #43 of 173
Quote:
Originally Posted by Defoler View Post

Yes and no.

I expected with Fury out, and their work on server SoC, they will not lose so much money in one year. Especially after all the income they got from selling their facility.
They had a net loss of 660M total in 2015, and that is even after they got 371M$ cash from selling their facility. That is 40% more loss than last year. They lost 28% revenue vs last year. That is pretty massive. They didn't even expect that to happen.

They expected 10-15% loss. They expected Carrizo to be in the market. They expected to partner with lenovo on several systems, with HP. They expected the omega drivers to bring huge improvement and return of sales. They expected freesync to kill G-sync. They expected their firepro cards to increase in sales and return to the supercomputer top systems.
Pretty much almost all of this, did not happen, and they lost about twice as much as they expected.

So yes. This is new information. Not just the investment company analysis, but when I looked into the financial numbers AMD published just recently about 2015. It is, literally, shocking.
New information to you, not new information to the market.
Lil' Roy Taylor
(11 items)
 
  
Reply
Lil' Roy Taylor
(11 items)
 
  
Reply
post #44 of 173
Quote:
Originally Posted by xzamples View Post

Any accountant will tell you that cash beats everything

785M$ in cash doesn't sound too bad even if they are 2.26B$ in debt

Problem with cash, is that it runs out biggrin.gif
Every wife will tell you that.

They are using that cash to survive. Because they are losing money constantly. it is eating it away.
Also that cash is misleading. You remember the fun times the economy had in 2008? They had tons of cash and investments and everything looked like candy and rainbows. Until it was pay day time. Then everyone went running for the hills (or the government to help them out).
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
post #45 of 173
Quote:
Originally Posted by p4inkill3r View Post

New information to you, not new information to the market.

Can't really agree. Q2 and Q3 numbers looked way more promising, and even though some release statements in the middle of the year, others prefer to wait to the end of the year to make that judgment.
Q4 was really devastating for AMD. One of their worst quarters in the last 5 years. Which doesn't paint a pretty picture.
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
post #46 of 173
Ignore this nonsense. AMD's annual report for year 2015 will be out soon and in the annual report is the Auditor's Opinion. AMD received an unqualified audit opinion in 2014. If the audit's have a doubt about the going concern of the company, the auditor's would have included an explanatory paragraph. Here is an example when the auditors include such a paragraph.

http://www.marketwatch.com/story/almost-half-of-ipo-filings-include-an-auditor-warning-about-potential-failure-2016-01-21

If Ernst & Young, the auditors for AMD, included a going concern explanatory paragraph in AMD's 2015 Annual Report, you should be concerned.

Sources:

AMD 2014 Annual Report

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9Mjc1NDExfENoaWxkSUQ9LTF8VHlwZT0z&t=1
Number Cruncher
(14 items)
 
  
CPUMotherboardGraphicsRAM
i7 2700k @ 4.6 1.3V Gigabyte Z68XP UD4 MSI TF3 7950 3GB G. Skill 4x4GB Ripjaw Zs 
Hard DriveHard DriveHard DriveOptical Drive
Samsung 830 256GB 2 - WD 750 GB Black WD 320GB Blue Lite-On DVD Drive 
CoolingOSMonitorPower
Corsair H80 Win 7 Pro x64 Acer P243w Corsair 750W TX 
CaseAudio
Lian Li PC-A71F Audioengine A2/Audioengine D1 DAC 
  hide details  
Reply
Number Cruncher
(14 items)
 
  
CPUMotherboardGraphicsRAM
i7 2700k @ 4.6 1.3V Gigabyte Z68XP UD4 MSI TF3 7950 3GB G. Skill 4x4GB Ripjaw Zs 
Hard DriveHard DriveHard DriveOptical Drive
Samsung 830 256GB 2 - WD 750 GB Black WD 320GB Blue Lite-On DVD Drive 
CoolingOSMonitorPower
Corsair H80 Win 7 Pro x64 Acer P243w Corsair 750W TX 
CaseAudio
Lian Li PC-A71F Audioengine A2/Audioengine D1 DAC 
  hide details  
Reply
post #47 of 173
samsung wouldn't partner with amd if they didn't see a bright future for amd

http://www.techtimes.com/articles/118904/20151224/amd-partners-with-samsung-globalfoundries-to-build-new-14nm-gpu-report.htm

plus before amd goes bankrupt i am sure they would get bought out by google or microsoft or hell even samsung
Current Rig
(10 items)
 
Old
(11 items)
 
2014
(14 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 3800+ Foxxconn 6150BK8MC 256MB ATI RADEON X800 PCIE 2.5 GB DDR400 
Hard DriveCoolingOSMonitor
80 GB Western Digital Thermaltake GunMet Orb MS Windows 7 Ultimate 64-bit Acer S230HL 
PowerCase
Allied SL-8360BTX ATX 350w Antec 300 
CPUMotherboardGraphicsRAM
AMD Athlon 64 3000+ K8 Combo-Z 256MB ATI Radeon 9550 / X1050 Series 1 GB 
Hard DriveOptical DriveOSMonitor
80 GB Western Digital OPTORITE CD-RW MS Windows XP Professional 32-bit SP3 Acer S230HL 23-Inch 
Power
Orion YH-480w 
CPUMotherboardGraphicsRAM
Intel i5-4670K MSI Z87-G45 MSI GTX 760 TF 2GD5 8GB G.SKILL Trident X DDR3-2400 
Hard DriveCoolingOSMonitor
Seagate Barracuda 500GB Cooler Master Hyper 212 EVO Microsoft Windows 10 Acer S230HL 23" 
KeyboardPowerCaseMouse
Logitech G105 SeaSonic M12II 620w 80+ Bronze Antec 300 Razer Deathadder 2013 
  hide details  
Reply
Current Rig
(10 items)
 
Old
(11 items)
 
2014
(14 items)
 
CPUMotherboardGraphicsRAM
AMD Athlon 64 X2 3800+ Foxxconn 6150BK8MC 256MB ATI RADEON X800 PCIE 2.5 GB DDR400 
Hard DriveCoolingOSMonitor
80 GB Western Digital Thermaltake GunMet Orb MS Windows 7 Ultimate 64-bit Acer S230HL 
PowerCase
Allied SL-8360BTX ATX 350w Antec 300 
CPUMotherboardGraphicsRAM
AMD Athlon 64 3000+ K8 Combo-Z 256MB ATI Radeon 9550 / X1050 Series 1 GB 
Hard DriveOptical DriveOSMonitor
80 GB Western Digital OPTORITE CD-RW MS Windows XP Professional 32-bit SP3 Acer S230HL 23-Inch 
Power
Orion YH-480w 
CPUMotherboardGraphicsRAM
Intel i5-4670K MSI Z87-G45 MSI GTX 760 TF 2GD5 8GB G.SKILL Trident X DDR3-2400 
Hard DriveCoolingOSMonitor
Seagate Barracuda 500GB Cooler Master Hyper 212 EVO Microsoft Windows 10 Acer S230HL 23" 
KeyboardPowerCaseMouse
Logitech G105 SeaSonic M12II 620w 80+ Bronze Antec 300 Razer Deathadder 2013 
  hide details  
Reply
post #48 of 173
Quote:
Originally Posted by Defoler View Post

Can't really agree. Q2 and Q3 numbers looked way more promising, and even though some release statements in the middle of the year, others prefer to wait to the end of the year to make that judgment.
Q4 was really devastating for AMD. One of their worst quarters in the last 5 years. Which doesn't paint a pretty picture.
Considering that those results have been available for perusal and analysis since the 19th, I posit that they'v been digested and factored in by the institutional investors that control the price.

This article and its posting here as 'news' are both things that should not be.
Lil' Roy Taylor
(11 items)
 
  
Reply
Lil' Roy Taylor
(11 items)
 
  
Reply
post #49 of 173
Quote:
Originally Posted by one-shot View Post

Ignore this nonsense. AMD's annual report for year 2015 will be out soon and in the annual report is the Auditor's Opinion. AMD received an unqualified audit opinion in 2014. If the audit's have a doubt about the going concern of the company, the auditor's would have included an explanatory paragraph. Here is an example when the auditors include such a paragraph.

http://www.marketwatch.com/story/almost-half-of-ipo-filings-include-an-auditor-warning-about-potential-failure-2016-01-21

If Ernst & Young, the auditors for AMD, included a going concern explanatory paragraph in AMD's 2015 Annual Report, you should be concerned.

Sources:

AMD 2014 Annual Report

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9Mjc1NDExfENoaWxkSUQ9LTF8VHlwZT0z&t=1

2015 annual report is already out. The numbers I posted were from that report. 440M$ operations loss, 660M$ net loss.
Quote:
Originally Posted by p4inkill3r View Post

Considering that those results have been available for perusal and analysis since the 19th, I posit that they'v been digested and factored in by the institutional investors that control the price.

This article and its posting here as 'news' are both things that should not be.

Why? It is interesting, it is informative, and not everyone are investing in stocks and live by the stocks 24/7.
On the same thing, hardware news should be banned because it is not out, and patent news should be banned because it is only a patent and not a product, and pre-alpha-beta-release benchmarks should be banned, and incoming video games should be banned because this is just info, not actual out game, etc etc etc.

You don't get to dictate what is news or not based on your view on one company or another. That is my opinion.
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
Main system
(16 items)
 
Editing PC
(8 items)
 
 
CPUGraphicsGraphicsRAM
E5-1680v2 AMD FirePro D700 AMD FirePro D700 64GB 1866mhz 
Hard DriveOSMonitorCase
1TB PCIE SSD OSX 10.10.x Dell U2713H Mac Pro 
  hide details  
Reply
post #50 of 173
I love these topics when gamers and OCers become suddenly economics gurus.
Always fun to read.



Sent from my E6653 using Tapatalk
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Hardware News
Overclock.net › Forums › Industry News › Hardware News › [Senecaglobe] (NASDAQ:AMD) Gets Warning of Bankruptcy