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ptshirley

ptshirley
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  • Renren (RENN) +2.2% AH after receiving an upgrade to Hold from Deutsche, which cites valuation. The firm is encouraged by Renren's gaming revenue growth and user adds, and sees its operating loss declining to $44M in 2013 from $91M in 2012 as its investment pace slows down. Renren fell 6.4% in regular trading, making new post-IPO lows along the way. [View news story]
    Interesting timing given the drop today on the China accounting matter.
    Dec 3, 2012. 08:13 PM | Likes Like |Link to Comment
  • Renren (RENN) +2.2% AH after receiving an upgrade to Hold from Deutsche, which cites valuation. The firm is encouraged by Renren's gaming revenue growth and user adds, and sees its operating loss declining to $44M in 2013 from $91M in 2012 as its investment pace slows down. Renren fell 6.4% in regular trading, making new post-IPO lows along the way. [View news story]
    Interesting timing given the accounting news on Chinese stocks today.
    Dec 3, 2012. 08:13 PM | Likes Like |Link to Comment
  • Sina (SINA): Q2 EPS of $0.05 beats by $0.07. Revenue of $126.9M (+11% Y/Y) misses by $0.4M. Expects Q3 revenue of $145M-$148M, in-line with $147.3M consensus. Shares +3% AH. (PR[View news story]
    A pleasant surprise, given all the talk about China's economic developments. Intend to hang on to my shares for even a longer term.
    Aug 16, 2012. 01:29 AM | Likes Like |Link to Comment
  • Baidu (BIDU): Q2 EPS of $1.26 beats by $0.14. Revenue of $858.8M (+59.8% Y/Y) beats by $8M. Expects Q3 revenue of $983M-$1.01B vs. $988M consensus. Shares +6.6% AH. (PR)  [View news story]
    How confident can one be that the numbers can be relied upon?
    Jul 23, 2012. 07:17 PM | Likes Like |Link to Comment
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