You're right.........you have to spend twenty minutes looking for a movie that you're going to watch for five minutes and then give up. Most people don't drp their subscriptions out of laziness or because they have children.
Netflix makes much more of their profits for DVD rentals than they care to admit. Supposedly they only have 450 DVD employees and you have to wonder how many of them would have gone out on parental leave in a given year. The real question is that if they have only 450 DVD employees then why do they still have 5 million DVD subscribers. Even if each subscriber gets one movie a week that means each employee has to stuff 1400 DVDs every day or 175 every hour. Really makes no sense unless DVD subscribers don't use the service or get one movie a month.
Wall St Journal had an article and mentioned that Chinese cell phone users can legally get Game of Thrones on their cell phones. It will be years before Netflix offers Game of Thrones on streaming.
More importantly, the China model may be a couple of brief commercials followed by content.
You're right.........the stock price should not have been reported if just one share was traded for less than $10. It would be one thing if a single share of Berkshire Hathaway had traded lower but the reporter was wrong to have mentioned it.
Netflix has done a great job of getting Obama and others in their back pockets. From net neutrality and lower mail costs, Obama has been a blessing to Netflix. I don't see how foreign politicians will be so friendly. Foreign internet service providers will charge fees and countries will tax Netflix heavily. Whatever profits are made will be taxed again by US. Plus currency issues will eliminate profits anyway.
When both TGH and TAL are reporting tepid demand, you have to question the overall economy. Weak steel prices also aren't a good omen.
Where a lot of their sales are dollar based, this stock should benefit from the dollar/euro ratio. Their US business is basically a monopoly and sales won't be impacted by currency issues.
I guess the emphasis on customer satisfaction is a big positive and would agree that it is way oversold here.
Reading the CEO's bio, it sounds like he is an accomplished guy with a solid background. Unfortunately, his rendition of "How I spent my summer" didn't come across that great. He's only been there for a month but I'd rather hear about the changes being implemented versus on how he is learning about the company.
Hopefully, the Fed delays the rate increase in order to help out American companies and workers. Any rate increase at this point will only further strengthen the dollar and aggravate export sales.
If you subtract out DVD rental income then Netflix would have lost $50 million....... the reason the stock price is growing is due to streaming but the dying DVD rental business is saving them.
Right each subscriber is valued at $700 per subscriber and that seems awfully high.
I'm not sure who is going to be buying million dollar machines when the economy sucks and the euro and ruble are in free fall.........still, the solid service revenues are indicative that the technology is being adopted.
Maybe I'm missing something here, but it seems like XONE is going to be more of a service business than manufacturer. 16% Growth in revenues would indicate than customers like the product and system. We are in a no growth economy in the US and Europe is stagnant and we are upset that service revenues are up 16%. If service revenues were flat or down then I could see the downward price action but it is apparent that someone is adopting the product.
Fewer birds are killed by oil spills than windmills.
The amount of oil spilled in 1969 was 40 to 50 times greater and clean up techniques have improved immeasurably. In addition, the pipeline companies are much quicker to respond.
Any company with significant revenues in Europe is being taken to the woodshed for earning shortfalls that are strictly dollar related. Quarter really seemed pretty good for all other areas. When a thinly traded stock only goes down a buck when there is heavy selling then the stock price is probably pretty firm at the current level.
I hope the conference call sheds some light on the $2.2 million bad debt charge. If one of their customers went bankrupt then it might indicate a lack of proper oversight of sales people. I don't where they sell their printers but maybe the problem is a foreign country with a hostile legal environment. Whatever it is, Rockwell has to indicate the exact problem.