Today I’m wishing that I had paid attention to my own analysis. In December, I took a look at Netflix (NFLX) and noted that shares were expensive, and that I would look to buy below $50. Well, shares dipped below $50 earlier this month, and I found myself without any cash to invest. Then shares rocketed up almost 24% yesterday. (more…)
Last summer and fall I noted that Oyo Geospace (OYOG) was getting their balance sheet in order and that a turnaround may be on its way for the company as oil prices have risen. I didn’t expect their earnings to show any improvement until their fiscal fourth quarter. Their fourth quarter, however, was disappointing in regard to their earnings. (more…)
Up until the financial crisis, long-time investors knew not to trust Ctrip’s management when they provided guidance of 25% growth. Inevitably, the company produced earnings and revenue growth well in excess of 25%. In their most recent quarter, Ctrip seems to have resumed their phenomenal growth. For their fiscal third quarter, they produced net revenue growth of 47% on a year-over-year basis. Excluding the impact of the ezTravel acquisition, net revenues grew at a 40% year-over-year rate. Earnings growth was even more impressive, growing 80% on a year-over-year basis to $28 million. (more…)
In a recent post, I calculated an intrinsic value for Netflix at $43 per share. This assumed 22% growth this year. In their third quarter, Netflix posted profits that were up 48% year-over-year on a revenue increase of 24%. Gross margins remained relatively constant, but net margins grew largely as a result of less marketing as a percentage of gross profit. (more…)
Similar to my recent post on Apple (AAPL), I have to wonder if Ctrip (CTRP) is worth selling. The stock hit a new 52-week high yesterday, and appears to be selling at quite a premium. The stock trades at over 62x trailing twelve-month earnings. This looks rich even for a company that continues to grow at over a 25% year-over-year rate. (more…)
Last week at my CAPS blog, I noted that Oyo Geospace is showing some early signs of recovery:
Earlier this week, OYO Geospace (NASD: OYOG) reported that they have recently received several orders for seismic equipment totaling more than $18 million. These orders span a variety of seismic products including geophone and hydrophone sensors, cables, GSR units, and borehole products. The company also recently announced an order for one of the GSR systems, their new wireless data acquisition system. The company notes that their backlog has increased substantially in recent weeks, with the majority of the orders to be delivered during the fourth quarter of 2009.
On Monday, the company formerly known as Jupitermedia, WebMediaBrands (NASD: WEBM), announced their agreement to sell their internet.com division to QuinStreet, Inc. for $18 million. For anyone following this story, you know that Jupitermedia sold their images division to Getty images for $96 million earlier this year. I’m left to wonder what’s left.
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I really haven’t been following Netflix (NASD: NFLX) all that closely for the past year. A little over a year ago, I thought it looked like a bargain. I valued the shares conservatively at $33.75, and a bit more aggressively at $60 per share. After a year has passed, Netflix is outpacing my $60 per share growth scenario, yet remains valued at about $44 per share. So what are shares worth today?
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A recent article at Automation.com notes that Oyo Geospace (NASD: OYOG) recently installed dcLINK for inventory management.
We’re able to keep everything real-time by using dcLINK, said Todd DeLoach, Warehouse Manager, OYO Geospace. Now we know immediately that needed items are available and that they have been committed to the work order or the sales order. That’s real-time for us, and it’s a great, great benefit.
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