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More on Citi's two-notch downgrade of Baidu (BIDU -5.7%): analyst Ravi Sarathy thinks Baidu's...

More on Citi's two-notch downgrade of Baidu (BIDU -5.7%): analyst Ravi Sarathy thinks Baidu's P/E, which has already compressed plenty this year, will eventually be in-line with Google's, due to the impact of soft mobile search monetization. He also sees Baidu's margins contracting due to ramping expenses, and notes Q3's Y/Y revenue growth rate was the lowest seen by the company since Q1 2010. (more on BIDU) (Q3 transcript)
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Comments (4)
  • JOHN042
    , contributor
    Comments (2) | Send Message
     
    At least half publicly traded companies would be pouring champaign if they could experience anything even close to the slowing growth that BIDU is experiencing
    31 Oct 2012, 04:46 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2896) | Send Message
     
    Silly BIDU bag holders complaining...

     

    Again, gullible Americans have no business dabbling in this stock.
    1 Nov 2012, 05:13 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4097) | Send Message
     
    You know what really concerns me about BIDU much more than accounting and China etc. - it is a copy of GOOG basically. GOOG has more diverse and better stuff though obviously. So, what happens if GOOG really goes back to China? Could happen eventually I would say. Or they cooperate with a competitor of BIDU?
    1 Nov 2012, 09:53 AM Reply Like
  • dividend_growth
    , contributor
    Comments (2896) | Send Message
     
    The factors you mentioned have not even been considered by the market yet.

     

    So yes, things could get much much worse for Baidu down the road.

     

    Imagine US tells the Chinese government: "if you want energy security, let Google back in!"
    2 Nov 2012, 02:27 AM Reply Like
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