Riverbed: Stretching For Growth Usually Does Not Pay [View article]
Hard to say the issue is related to RVBD and not the global economy and govt cutbacks. The domestic enterprise sales grew 19%. Opnet also exceeded guidance. So the govt cutbacks were due to the merger?
Windstream Should Slash Its Dividend Now [View article]
This talking head bought CTL after the dividend cut and I'm getting some nice capital gains while seeing a 6% divy. Much better than seeing my stock lose value.
It is incredible that I suggest the company should pay down debt and it is perceived as slamming the company and stock. The data though backs my theory.
Windstream Should Slash Its Dividend Now [View article]
How is it a stale argument? How much have you made holding WIN while the market has soared to new highs in the last few years? Saying the dividend is safe is one think, but having a payout ratio of 77% says a completely different story.
As my point stated, it isn't whether WIN can continue paying the dividend, but whether it is actually in the best interest of the company. The real truth is that it does nothing for shareholders to over pay on a dividend. A more flexible plan would be rewarded by the market.
Don't Expect Much More From Utilities [View article]
Funny, thats the biggest mistake in the book. Utilities have had a big run by their standards and AAPL has sold off 40%. The normal mindset should be to rotate out of utilities and into AAPL especially now that it will return more capital to shareholders.
Your missing the point that EBITDA and the net loss improved. Sure ad revenue surged due to more sales expenses, but the department is becoming more efficient and the old markets are getting more and more established. The company has a $1M loss... it isn't as if it lost $20M on a $40M revenue base. It is virtually breakeven now.
You are correct, I was looking at just the Q4 numbers. The difference though was the $10M increase in SBC, which is a fake charge anyway. The adj EBITDA increased from a loss of $1.1M to a gain of $4.6M. That is the number that counts.
Review sites are getting more popular, but as with anything first mover advantage is huge for YELP. A new firm can't duplicate the review history. TripAdvisor is a great proxy for Yelp, but it is only focused on travel so it doesn't compete. Angie's is the only that competes, but I think its limited the customer base by requiring a subscription. Think it should've focused more on verifying users as opposed to charging. At 2M members, it doesn't have enough scale.
Not really sure which number analysts are using, but it appears to be leaning towards a non-GAAP that includes SBC. Why are you saying that the numbers worsened in 2012? The GAAP number your using is half of last years $9M loss.
If you look at true non-GAAP, the numbers are improving and were only a small loss of .02 in Q4. Adj EBITDA is a great number to review for this company as it strips out all the non-sense charges and the company doesn't have interest or taxes to be concerned about. That number continues to improve and will quadruple this year.
If you say YELP is overvalued than so is TRIP and DISCA and ANGI and NFLX. While I'm negative on ANGI, I'm quickly shifted towards being more bullish. Remember that NFLX is a $12B stock and it has rarely had earnings and positive cash flow.
All the negatives listed so far have been known for a while and it didn't impact revenue and EBITA from growing solidly this year and company is positive both numbers will surge this year as well.
Based on other valuations, my opinion is that Yelp will have a exceedingly higher value in the next 2-3 years.
The whole advertising world doesn't make sense to me. Why did people advertise in the Yellow Pages? Why do people advertise on TV? Explain why local ad growth surged 87%.
When somebody searches on Yelp, you want your name to be highlighted. What if your competing against 3 or 4 other restaurants with similar reviews? The one with the ad is likely to be noticed the most.
Yelp lost less than $1M when excluding SBC. Your analysis is way off. The company is close to breaking through with profits and it has just got started in most markets. It takes at least 18 months in new markets to reach mass scale. Give it time and it could be a monster.
jtelc, Great point. Should've done more research on those numbers. Any number of articles were posted since the NFLX quarterly report stating the numbers I used. (see http://bit.ly/10lv2yL) Clearly you need to remove the Cinemax subscribers from the total but even the 10K doesn't show those numbers.
The number has to be around 30M as both Chanos and Reed Hastings used it. All the articles used the 28.7M number and even the analyst on the conf call picked that number out.
Riverbed: Stretching For Growth Usually Does Not Pay [View article]
Windstream Should Slash Its Dividend Now [View article]
It is incredible that I suggest the company should pay down debt and it is perceived as slamming the company and stock. The data though backs my theory.
Windstream Should Slash Its Dividend Now [View article]
As my point stated, it isn't whether WIN can continue paying the dividend, but whether it is actually in the best interest of the company. The real truth is that it does nothing for shareholders to over pay on a dividend. A more flexible plan would be rewarded by the market.
Windstream Should Slash Its Dividend Now [View article]
Riverbed Technology (RVBD): Q1 EPS of $0.23 in-line. Revenue of $253M (+38% Y/Y) misses by $8.25M. Shares -12.4% AH. (PR) [View news story]
Don't Expect Much More From Utilities [View article]
Don't Expect Much More From Utilities [View article]
Yelp: Future King Of Content [View article]
Yelp: Future King Of Content [View article]
Review sites are getting more popular, but as with anything first mover advantage is huge for YELP. A new firm can't duplicate the review history. TripAdvisor is a great proxy for Yelp, but it is only focused on travel so it doesn't compete. Angie's is the only that competes, but I think its limited the customer base by requiring a subscription. Think it should've focused more on verifying users as opposed to charging. At 2M members, it doesn't have enough scale.
Yelp: Future King Of Content [View article]
If you look at true non-GAAP, the numbers are improving and were only a small loss of .02 in Q4. Adj EBITDA is a great number to review for this company as it strips out all the non-sense charges and the company doesn't have interest or taxes to be concerned about. That number continues to improve and will quadruple this year.
If you say YELP is overvalued than so is TRIP and DISCA and ANGI and NFLX. While I'm negative on ANGI, I'm quickly shifted towards being more bullish. Remember that NFLX is a $12B stock and it has rarely had earnings and positive cash flow.
All the negatives listed so far have been known for a while and it didn't impact revenue and EBITA from growing solidly this year and company is positive both numbers will surge this year as well.
Based on other valuations, my opinion is that Yelp will have a exceedingly higher value in the next 2-3 years.
Yelp: Future King Of Content [View article]
When somebody searches on Yelp, you want your name to be highlighted. What if your competing against 3 or 4 other restaurants with similar reviews? The one with the ad is likely to be noticed the most.
Yelp: Future King Of Content [View article]
Baidu: Disturbing Growth Slowdown [View article]
Is Jim Chanos Right About Netflix? [View article]
Great point. Should've done more research on those numbers. Any number of articles were posted since the NFLX quarterly report stating the numbers I used. (see http://bit.ly/10lv2yL) Clearly you need to remove the Cinemax subscribers from the total but even the 10K doesn't show those numbers.
The number has to be around 30M as both Chanos and Reed Hastings used it. All the articles used the 28.7M number and even the analyst on the conf call picked that number out.
Is Jim Chanos Right About Netflix? [View article]