Kingsoft 3888

Re: Kingsoft 3888

Postby winston » Wed Jul 18, 2018 12:57 pm

not vested

May 23, 2018

<Result Ann>KINGSOFT 1Q Net Profit Falls 50.35% to RMB118M

KINGSOFT (03888.HK) announced the first quarter results ended March 2018.

It reported net profit of RMB118 million, down 50.35% yearly, with basic EPS of RMB0.09. Nil dividend was declared.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Kingsoft 3888

Postby winston » Tue Aug 28, 2018 3:12 pm

KINGSOFT(3888)

Analysis:

In first half, Kingsoft realized revenue of RMB2.6bn implying a slight growth of 4.5%.

By business segments, online games realized income of RMB1.2bn (-34% YoY), cloud service generated income of RMB888mn (+55% YoY) and WPS office software contributed RMB507mn (+67.4% YoY).

The decline of game business is due to increasing popularity of other entertainments which take players` leisure time and the slow-down of acquiring new players.

Game business is expected to maintain stable growth in future.

We highlight the bright outlook of cloud business and office software.

For cloud business, Kingsoft is one of top five cloud service providers in China and will step up development of cloud business in future.

For office software, its flagship product WPS is the second largest office software in world and takes up more than 70% in new us ers of office software.

Currently, WPS has already submitted listing document to Shenzhen exchange.

Strategy:
Buy-in Price: $15.20, Target Price: $16.00, Cut Loss Price: $13.00

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Posts: 99943
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Re: Kingsoft 3888

Postby winston » Tue Aug 28, 2018 3:12 pm

KINGSOFT(3888)

Analysis:

In first half, Kingsoft realized revenue of RMB2.6bn implying a slight growth of 4.5%.

By business segments, online games realized income of RMB1.2bn (-34% YoY), cloud service generated income of RMB888mn (+55% YoY) and WPS office software contributed RMB507mn (+67.4% YoY).

The decline of game business is due to increasing popularity of other entertainments which take players` leisure time and the slow-down of acquiring new players.

Game business is expected to maintain stable growth in future.

We highlight the bright outlook of cloud business and office software.

For cloud business, Kingsoft is one of top five cloud service providers in China and will step up development of cloud business in future.

For office software, its flagship product WPS is the second largest office software in world and takes up more than 70% in new us ers of office software.

Currently, WPS has already submitted listing document to Shenzhen exchange.

Strategy:
Buy-in Price: $15.20, Target Price: $16.00, Cut Loss Price: $13.00

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 99943
Joined: Wed May 07, 2008 9:28 am

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