Weibo Corp (WB)

Re: Weibo Corp (WB)

Postby winston » Sat Mar 10, 2018 9:52 pm

The Sky Is the Limit for Weibo Corp (ADR)

If you only own 1 Chinese stock, this may well be it.

By LOUIS NAVELLIER

SINA currently has a 46% ownership share and 72% voting rights share.

Alibaba Group Holding Ltd (NYSE:BABA) took a large stake — 31.5% — in WB.



Source: Blue Chip Growth

https://investorplace.com/2018/03/the-s ... qPiKuhuaM8
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Re: Weibo Corp (WB)

Postby winston » Wed Apr 04, 2018 10:46 am

not vested

Chinese Stocks to Buy: Weibo (WB)

On Jan. 26, the price of Weibo stock exceeded $136-per-share. By Feb. 8, the shares had plunged to around $112 and Weibo stock is now trading around $115.

Market weakness undoubtedly played a role in the decline, but the Chinese government’s decision to order the company to suspend several portals for a week on Jan. 27 probably contributed to the retreat as well.

Investors often get scared after such crackdowns, but they have happened before without having any major impact on Weibo and Weibo stock has still risen tremendously over the long-term despite these actions by Beijing.

Moreover, the Chinese government does not have any significant legal constraints as in America, nor does it have to worry meaningfully about popular opinion. Therefore, if China wanted to take drastic action against Weibo, it would have done so already.

I believe that Beijing takes these steps periodically simply in order to remind popular internet websites that they must prevent their users from posting content that violates Beijing’s rules too directly.

Meanwhile, Weibo’s fundamentals remain strong. The company’s fourth-quarter results beat expectations, and research firm Jefferies recently raised its price target on the shares to $160 from $150, The Fly reported.

According to Jefferies, “the combination of user growth, time spent, ad pricing improvement and diversifying video ad products gives the company the ‘right formula in further scaling up monetization efficiency'”.

Finally, as I’ve said in the past, there is a good chance that Weibo will be taken over by Alibaba.

Source: Investor Place
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Re: Weibo Corp (WB)

Postby winston » Sat Apr 14, 2018 7:41 am

not vested

Why Weibo Corp Stock Could Be Cheap and Climb 30%

by Bret Kenwell

Weibo stock trades at 23 times last year’s revenue, but analysts expect sales to surge almost 57% this year. Weibo’s not a one-hit wonder either, with estimates calling for 37% growth in 2019 as well.

Analysts expect earnings per share of $2.81 this year, up 56% year-over-year. In 2019, consensus estimates call for further growth of almost 44%.

In this light, WB stock price trades at 41 times 2018 estimates and just 29 times forward earnings estimates.

While 29 times 2019 estimates isn’t exactly cheap in many investors’ minds, it’s not that bad when you consider that it will grow earnings and sales by 50% this year and both by almost 40% the following year.

The highest price target on Wall Street currently stands at $160, implying almost 31% upside from current levels — and that’s not just some rogue bull either.

The average price target sits just below, near $153 and implies close to 25% upside. Clearly, Wall Street is optimistic on the stock.

I would look to buy on a pullback to $110, on a breakout over $140 or possibly on a move back above trend-line support.


Source: Investor Place

https://finance.yahoo.com/news/why-weib ... 26031.html
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Re: Weibo Corp (WB)

Postby winston » Thu May 10, 2018 7:52 am

not vested

Weibo Corp Stock Plunges Despite Earnings Beat

WB EPS was 3 cents above estimates

By WILLIAM WHITE

Source: Investor Place

https://investorplace.com/2018/05/weibo ... orPlace%29
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Re: Weibo Corp (WB)

Postby winston » Wed May 23, 2018 1:59 pm

vested in SINA

Weibo Corp (WB)

It’s been compared to Twitter Inc (NYSE:TWTR), though it’s not exactly an adequate comparison.

Weibo Corp (ADR) (NASDAQ:WB), which operates an ad-supported microblogging site in China, has plenty of similarities to Facebook, Inc. (NASDAQ:FB), as the user experience is so much more immersive.

Regardless of what it’s most comparable to though, Weibo posts numbers that turns heads, and is expected to keep doing so for the foreseeable future.

Last quarter’s revenue of $350 million were up 76% year-over-year, and for the quarter underway Weibo is looking for sales of between $420 million and $430 million. That’s well up from the year-ago top line of $253 million.

Source: Investor Place
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