All the financial statements, including Statement of Cash Flows. And just because investors have been willing to fund the business in the past, including very recent past, is no guarantee they will do so in the future. Eventually a companies stock price reflects what it's financial statements says. You think Tesla will soon be generating its own cash or investors will be willing to continue to fill new stock offerings, and I don't think that is going to happen. Time will tell.
I think it's over Dino. When Musk loses Adam Jonas, it's over. The fat lady just sang, first for Solar City, and just a matter of time for Tesla. Raising cash cheaply is their life blood, and it's over.
Do you know how to read a financial statement? This is a serious question and I hope you provide an honest answer.
And Tesla still has the clout on Wall Street to raise more cash issuing stock and Solar City does not. Therefore, this is a bailout of Solar City to be paid for by current Tesla shareholders. I do not like Chanos, but this time he called the situation correctly.
What other parts of the Chinese system of government would you like us to copy?
I've followed the stock market for 45 years and do not recall a single CEO who got as much good, actually, spectacularly good, media attention than Elon Musk, and for such a long period of time. Month after month, quarter after quarter, and year after year, the original promises and projections he made are forgotten and or forgiven and it's on to next month, next quarter, next year promises and projections. I'm just amazed at how easily Elon keeps it going.
Quarterly dividends are more American and English tradition. Asian companies, especially Chinese, tend to pay annually and the dividend is directly tied into previous years earnings. Often about 40 to 50 percent of earnings. I prefer that practice to our corporations.
No, Salesforce does not have an accounting firm. They follow "Benioff Accounting Principles" exclusively, and therefore they don't need no stinking outside, independent accountants. Besides, only Benioff understands BAF, and BAF changes quarterly. If needed, they charge monthly.
Baba has revenue and profit growth to support its price. JD seems to only need revenue growth. JD doesn't seem as interested in profit as much as Jack Ma. I'm staying with Baba. Bought at $64 and $66 and will likely add sometime this year.
If you think it's headed to $90, you should be buying now. Just because you missed the bottom shouldn't keep you out of the game.. Catching the bottom is as much luck as skill.
"Hubris is not cheap" is a perfect fit for Tesla and Elon. Also a perfect fit for SalesForce and Benioff. In a different era both of them are snake oil salesmen or carnival barkers. Whatever era they found themselves in, they would end up wealthy.
Agree with you that most Analysts do not provide information about "which" p/e they are using. By default, it should be based on last 4 quarters of GAAP earnings, but we all know that is not what happens. Frequently, and without disclosure, the Analyst will use non-GAAP earnings or estimated future 12 months earnings which also could be gaap or non-GAAP. It's a mess, and our SEC doesn't care.
I'm a shareholder and think Baba is worth more than$80 per share, but your growth rate projections are not realistic. Tiny companies can do 30 - 40% for five years. Baba cannot.
Pretty simple explanation, and I agree with you. Even small yields give indication of the board and management confidence of the future. Would be a bit unusual for a growth company like Baba to do so, but I think it would be a positive to stock price.
On a p/e basis, Chinese stocks are much less expensive than USA companies. Additionally, China GDP is growing over 6%, while we are stuck at 2%. I think reward/risk favors China.
Geez Richie. I'm talking about a .50¢ a share dividend which will be about 10% of Baba's earnings. I'm not suggesting restricting growth in any meaningful way, just reassure the investing public that it is a stable company. Most investors like some dividend and I think dividends automatically put a board of directors in a certain state of mind. Meaning that dividend declarations might keep them from getting too reckless with acquisitions. You seem knowledgeable, but you need to lighten up.
You forgot to add "BREAKING NEWS" to your topic headline.