Macquarie's Bearish Call Presents Attractive Entry Point For RenRen [View article]
Just because a few bad apples such as Sino Forest, Longtop or Duoyuan shattered investor confidence does not mean that all the apples are bad. Similarly, scandals involving Enron, Sunbeam, WorldCom, and Lehman can not represent all the US-listed companies.
McDonald's Q2 Earnings Preview: Weak Comps Points To An Uncertain Quarter [View article]
This really depends on your objective, horizon, risk tolerance, etc etc.
From a Macro perspective, the economy is really weak. Even if these companies do okay, stocks would get punished because they are still subject to systematic risk.
However, if you are a patient investor who looks at the business rather than the stock, then those three companies are life-long holdings for sure.
Apple Q1 Earnings Preview: Strong iPhone Sales, But iPad Sales Could Be Weak [View article]
Actually this is my first article on Apple if I recall correctly. Instead of "Zig Zag", a better terminology would be "objective", which is something you rarely see from an equity analyst.
Valuing RIM Using Abnormal Earnings Model With A $22.72 Target Price [View article]
Glad you asked.
16% discount rate is based on 10-yr govn bond, historical beta, and the market risk premium of 9% is based on 30-yr historical annual nasdaq return (11.21%).
1% growth is obv not accurate, and i am modeling for a modest growth pace. But 0% growth doesn't make that much diff to the price.
The point is that everyone is overly pessimistic on RIM, and maybe it's time for people to have another look at it.
Baidu Q3 Recap: Undergoing Transition, The Reign Is Far From Ending [View article]
When you get a chance, i recommend that you do a comparison of the Qihoo search and Baidu. Based on my experience, both engines produce comparable results on general and broad topics. However, on specific/technical topics, Baidu produces more relevant results than Qihoo.
User experience and relevance is what differentiates search engines. In this case, Baidu has the better search technology and will ultimately win in the search engine battle.
Google+: Creating A Robust Platform To Rival Facebook [View article]
That's a good point. But since management never broke down Gmail vs Google+ users, we can't really assume that the two are roughly equal...unless you know something the market doesn't
I recommend that you take some time to understand the industry and the company first. Softness due to seasonality should not be a major consideration for long term investors.
The guidance is weak. But that is understandable. However, the rising content and bandwidth cost isn't a one-time thing, and I believe that is a bigger issue than the seasonal factor.
Starbucks 2Q12 Earnings Preview: A Strong Quarter In The Brewing [View article]
Macquarie's Bearish Call Presents Attractive Entry Point For RenRen [View article]
McDonald's Q2 Earnings Preview: Weak Comps Points To An Uncertain Quarter [View article]
From a Macro perspective, the economy is really weak. Even if these companies do okay, stocks would get punished because they are still subject to systematic risk.
However, if you are a patient investor who looks at the business rather than the stock, then those three companies are life-long holdings for sure.
Apple Q1 Earnings Preview: Strong iPhone Sales, But iPad Sales Could Be Weak [View article]
Addressing Muddy Waters' Allegations Against Focus Media [View article]
At first they were Robin Hoods and I admired that. But now, it seems that they are more keen on making money than providing good research.
Valuing RIM Using Abnormal Earnings Model With A $22.72 Target Price [View article]
16% discount rate is based on 10-yr govn bond, historical beta, and the market risk premium of 9% is based on 30-yr historical annual nasdaq return (11.21%).
1% growth is obv not accurate, and i am modeling for a modest growth pace. But 0% growth doesn't make that much diff to the price.
The point is that everyone is overly pessimistic on RIM, and maybe it's time for people to have another look at it.
Baidu Q3 Recap: Undergoing Transition, The Reign Is Far From Ending [View article]
User experience and relevance is what differentiates search engines. In this case, Baidu has the better search technology and will ultimately win in the search engine battle.
Facebook Model Update: Lowering Price Target; Remain 'Equal Weight' [View article]
Facebook Model Update: Lowering Price Target; Remain 'Equal Weight' [View article]
Equal Weight is as same as "Hold" and "Neutral".
Baidu Q2 Earnings Recap: Better Than Expected Result, Macro Overhang A Key Concern [View article]
Baidu Q2 Earnings Recap: Better Than Expected Result, Macro Overhang A Key Concern [View article]
Amazon Q2 Earnings Preview: Third Party Sale And Margin Expansion In Focus [View article]
Google+: Creating A Robust Platform To Rival Facebook [View article]
Renren: Social Networking Top Pick; Initiating With $6 Target [View article]
What do you use for risk-free rate? Beta? Market risk premium? and tell me why you picked the numbers to derive 20%.
Sohu 4Q11 Recap: Impressive Growth, Margin Weakness Overblown; Buy On Weakness [View article]
The guidance is weak. But that is understandable. However, the rising content and bandwidth cost isn't a one-time thing, and I believe that is a bigger issue than the seasonal factor.