Why the valuation of Local Corp with lower than 40 million is one of the biggest jokes the Nasdaq had ever seen
The Inflection Point of Local Corp is Now
• Five material challenges in 24 months withstood
»Significant cost to the company in revenue and earnings
• Highest revenue per employee ever
»Projected growth to about $900k per employee EOY
• Returning to profit
»Significant cost savings starting 1Q13
»Achieved 1Q13 Positive Adjusted EBITDA
»Achieved positive cash from operations from 1Q13
Reuters: Local Corp Issues FY 2013 Guidance; Revenue Guidance In Line With Analysts' Estimates
Local Corp Issues FY 2013 Guidance; Revenue Guidance In Line With Analysts' Estimates
Thursday, 9 May 2013 04:15pm EDT
Local Corp announced that for fiscal 2013, it expects revenue of between $93 million and $95 million and adjusted EBITDA to be at least $5 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $95 million and EBITDA of $5.80 million for fiscal 2013.
Once more again: Hurry with the sale of overvalued Zillow and buy for the amount shares of extreme undervalued Local Corp.
"When coming up on a quarterly earnings call, it is important to monitor what the big investors are doing. Here is a screener from Finviz that I have screened for stocks over $10, over 300k in average daily volume and very negative for insider transactions (
Very interessant for Zillow is, that Local Corp had started vertical. Why not in the sector of Zillow, too?
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flankenking flankenking • May 26, 2013 4:19 PM Flag0 users liked this posts users disliked this posts 0 Reply Zillow has only two third of Monthly Unique Visitors of Local Corp, but the 48-fold market cap of Local Corp
Local Corp (market-cap of 40 million) development of Unique Visitors:
11/2012: 18,745,842 Monthly Unique Visitors
12/2012: 22,738,206 Monthly Unique Visitors
01/2013: 26,410,927 Monthly Unique Visitors
02/2013: 24,017,605 Monthly Unique Visitors
03/2013: 24,427,755 Monthly Unique Visitors
04/2013: 23,785,928 Monthly Unique Visitors
Compare with the development of Zillow’s (1,930 million market-cap) Monthly Unique Visitors: