BPCE paga prémio de 70% para acelerar crescimento do Novo Banco

[JDMP]

Esperto foi o Ichan , por isso tem bateladas..

Onde o homem se mete , alguem fica a perder... e ele a ganhar

330.24
+7.72 (2.39%)
After Hours: 330.50 +0.26 (0.08%)
Oct 23, 7:59PM EDT
NASDAQ real-time data - Disclaimer
Currency in USD

Say what?

[VirtuaGod]

Icahn’s Netflix Sale Shows Difference With Son Over Value

[VirtuaGod]

NFLX cai forte depois de o CEO avisar que a acção está cara

Cheira-me que alguém fez uns trocos em inside trading

[Elias]

NFLX cai forte depois de o CEO avisar que a acção está cara

Netflix investors heed CEO's warning on stock euphoria
By PATRICK SEITZ
Posted 01:29 PM ET

Netflix (NFLX) CEO Reed Hastings warned investors late Monday that they were getting euphoric about the company's stock price appreciation. On Tuesday, investors appeared to listen.

Netflix shares spiked 9.6% to an all-time high of 389.16 at the open Tuesday, but those gains soon faded. In midday trading in the stock market, Netflix stock was down nearly 6%, near 334.

Netflix reported better-than-expected third-quarter sales and earnings after the close Monday. It also guided analysts higher for the fourth quarter. Netflix earned 52 cents a share in Q3, up 300% from a year earlier, and 3 cents better than Wall Street expected. Sales rose 22% to nearly $1.11 billion, topping analyst views for $1.10 billion.



Read More At Investor's Business Daily: http://news.investors.com/technology-cl ... z2iTy1QgdK
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[JDMP]

Ha uns meses acompanhei esta cotada e apos algum "marasmo " deixei....
Agora é o que se vê :

354.99
+21.49 (6.44%)
Pre-market: 394.50 +39.51 (11.13%)
Oct 22, 6:32AM EDT
NASDAQ real-time data - Disclaimer
Currency in USD

[Tony Curtes]

Grafico actualizado. No after hours sobe 10%. A epoca de resultados costuma ser uma dor de cabeça mas esta parece que quer voar mais alto.

[Rafgopt]

Netflix (NASDAQ: NFLX ) is one of the most hotly contested stocks in the market today. Bulls like my colleague Anders Bylund think the sky is the limit and that Netflix stock could go to $600 within a few years. By contrast, prominent bears like TheStreet's Rocco Pendola believe it's only a matter of time before Netflix comes crashing back to earth.

Both sides have some good points to make. However, Netflix bulls and bears alike tend to overstate their cases with flawed or exaggerated arguments. With dubious cases being tossed around on both sides, it can be difficult for investors to sort out what's really happening. Today, I'll look at two flaws in bulls' arguments. Check back this weekend to see how the bears may also be pulling your leg!

What earnings growth?
Netflix stock is now trading for about 200 times projected 2013 earnings. That valuation implies investors consider Netflix a big-time growth company. Indeed, bulls (and the media) often get sucked into calculating Netflix's year-over-year earnings growth to justify the stock's high valuation. For example, in the first half of 2013, Netflix saw pre-tax income (excluding a debt refinancing charge) grow 20-fold year over year, from $3.6 million to more than $72 million!

However, while it's true Netflix is posting rapid year-over-year earnings growth, its earnings are still well below peak levels. In fact, Netflix's pre-tax income in the first half of 2013 was 65% below what it produced in the same period of 2011 ! Analysts don't expect Netflix to regain its 2011 profit level until at least 2015.

Bulls might point out that Netflix has greatly increased its investment in international markets in the past two years. Indeed, higher international losses do account for the majority of Netflix's decline in pre-tax profit.

Still, even if you exclude international losses from the calculation, Netflix's pre-tax income was about 7% below 2011 levels in the first half of 2013. Meanwhile, the share count has grown by more than 10%, so each shareholder is entitled to a smaller percentage of that profit.

Margins can go both ways
Netflix bulls are also very impressed by growth in the company's contribution margin for the domestic streaming segment. This statistic represents the percentage of streaming revenue that remains after Netflix pays for content acquisition and delivery costs and advertising expenses.

Domestic streaming contribution margin has jumped from 14.3% in the first quarter of 2012 to 22.5% last quarter. The midpoint of Netflix's guidance calls for an increase to 23.8% for the current quarter. Management's goal is to grow this contribution margin by 400 basis points per year.

Bulls therefore believe Netflix's domestic streaming contribution margin will continue growing at this rate for a long time. This is a dangerous assumption. To be clear, Netflix's "long term view" states, "As long as we continue to grow as we have been, we are likely to be able to continue this margin expansion." In other words, Netflix needs to continue adding about 6 million domestic streaming subscribers annually to maintain this contribution margin growth rate.

However, Netflix's domestic subscriber growth is likely to taper off beginning within the next few quarters. First, market saturation will become an increasingly important barrier to domestic growth. Netflix's U.S. streaming subscriber base already totals more than one-third of the 88 million U.S. households with high-speed Internet.

Since some people are not interested in Internet TV, and others are satisfied with competing services such as Hulu and Amazon.com's (NASDAQ: AMZN ) Prime Instant Video, the pool of potential new Netflix subscribers is shrinking.

Second, Netflix recently lost several high-profile series to Amazon, including Downton Abbey, SpongeBob SquarePants, and Dora the Explorer. This boosted margins in the near-term, since Netflix is no longer paying for that content. However, as subscribers begin to notice that this content is missing, some attrition is likely.

Netflix's foray into original content may offset these losses, but original content is very expensive. If Netflix has to step up original content investment to maintain its subscriber growth rate, that will just as surely put a damper on margin growth.

Bulls overlook trouble spots
Netflix bulls tend to exaggerate Netflix's earnings growth prospects for two reasons. First, they have focused on the company's year-over-year earnings growth, which is merely an artifact of the company's dreadful 2012 performance. A longer look backward reveals that Netflix's pre-tax income has dropped by 65% over the past two years.

Second, bulls expect significant long-term expansion in Netflix's domestic streaming contribution margin. However, even Netflix executives have carefully hedged their goal of achieving 400 basis points of improvement each year. There are good reasons to believe subscriber growth will slow soon, ending the period of rapid margin expansion.

Still, while there are some major gaps in the bull case, Netflix bears' arguments aren't always up to snuff either. Check back this weekend for the other side of this story!

[Rafgopt]

Thank you House of Cards... 100 milhões pagos em novos subscritores.

Quem ainda não viu a série, recomendo vivamente!

[Elias]

+24% no after

[Elias]

A 22 de Janeiro cotava a 97
Hoje está a 194.

100% de subida em menos de um mês

[Elias]

E a AMZN?

Quase 4 mil...

[L.S.S]

Mas foi só pelos 0,13cts Élias?

Do que foi não sei... mas está com um PER de quase 600...

Vai lá vai...

E a AMZN?

[Elias]

Mas foi só pelos 0,13cts Élias?

Do que foi não sei... mas está com um PER de quase 600...

[L.S.S]

Na verdade já sobe 12%

Isto tudo por causa de um lucro de 13 cêntimos.

O PER anda agora acima dos 500.

Estariam os ursos com a carroça cheia delas

Quem tiver shortado na quarta de manhã acumula perdas de 70%

Quem tiver shortado no gap down de 24 de Outubro acumula perdas de 200%.

Um bom exemplo de como em curtos se pode perder mais do que o valor investido.

O daytrader nunca é entalado por estas subidas (ou descidas)

Ainda não foi indagar esta subida louca.

Mas foi só pelos 0,13cts Élias?

[Elias]

Na verdade já sobe 12%

Isto tudo por causa de um lucro de 13 cêntimos.

O PER anda agora acima dos 500.

Estariam os ursos com a carroça cheia delas

Quem tiver shortado na quarta de manhã acumula perdas de 70%

Quem tiver shortado no gap down de 24 de Outubro acumula perdas de 200%.

Um bom exemplo de como em curtos se pode perder mais do que o valor investido.

[L.S.S]

Na verdade já sobe 12%

Isto tudo por causa de um lucro de 13 cêntimos.

O PER anda agora acima dos 500.

Estariam os ursos com a carroça cheia delas

[Elias]

g.a.

[Elias]

Na verdade já sobe 12%

Isto tudo por causa de um lucro de 13 cêntimos.

O PER anda agora acima dos 500.

[Elias]

Ontem subiu mais de 40%

Hoje soma mais 9%

Que maluqueira

[Elias]

+39% no pre-market

[Elias]

Sobe 22% no after após apresentar 13 centimos de lucro quando se esperavam 13 centimos de prejuízo

[Elias]

hoje subiu mais de 5%
resultados a seguir ao fecho

[AC Investor Blog]

Acabei de colocar no twitter: Carl Icahn Files 13D on Netflix, Showing 9.98% Stake

[AC Investor Blog]

Anda tudo esquecido desta menina......depois da forte subida de sexta-feira impulsionada pelos rumores de compra por parte da MSFT, a continuação do movimento pode eventualmente acontecer. Temos um GAP pra fechar...

[Supermann]

O preço que a Amazon transacciona nem pouco mais ou menos justifica.

É uma excelente empresa, mas não ao preço actual. Nem se compara a Apple ou à Google. A Apple tem crescimentos de 60-70% ao ano.

A Amazon tem lucros do ano 2003 sem qualquer crescimento e os lucros até cairam 50% e vão entrar no negativo muito possivelmente já no próximo trimestre.

Basta ver que transacciona acima de 100x os seus lucros.

O potencial de queda é grande.

Virtua, não te esqueças desta

Já têm estimativas para este trimestre de resultados negativos. Onde andavam essas estimativas antes? Bem no positivo. É com cada revisão que fazem!

Isto só precisa de um catalisador, porque depois facilmente acontece ao mesmo que a NFLX, leva com -80% num ápice.