As Japan restarts their nuclear program, $30 is a short term goal. $40 is likely and $50 possible over the next couple of years. Just my opinion of course. You might want check with jjimmy, or ddonny for a different perspective. (that's intended to be funny, if you are not familiar with the board clown).
Wow! That's a lot of money jj! Somebody should tell George Soros. He has invested $126 million in CCJ. Too bad for him, he's not as smart as you and ddonny and bbobby and holyboyholygirl.
When I first started frequenting this board he was PeterPeter. Regardless of his handle he is easily identified. It's called bashing without brains. To the best of my knowledge he has never made an intelligent remark.
If that was a bad buy, I suggest you give it 30 days, then make another bad buy at $110. In a rapidly growing company like YY, there is no such thing as a bad buy, just a bad sell.
Well said shanghai. The p/e is a reflection of investor confidence in the future of uranium mining. Well placed confidence imo.
The game is changing. Analysts are estimating earnings growth of just 33% for the next two years, but 65% over a five year period. Obviously they are accounting for the expense of build-out of education platform and well they should. While YY will probably continue to top estimates very nicely, this still calls for a difference in the way investors view YY. We will need some patience. We have become accustomed to doubling earnings yoy. Analysts are suggesting that we will have to settle for one-third of that growth for the next two years and then a return to 85% average for 2016-2018. The PEG (0.58) is based on expected 5 year gains of 65% per year. Since we are only expected to gain 33% over the next two years, a more realistic PEG for all except long term holders is about (1.1). This will still be a nicely profitable stock to own, but for the next couple of years will be somewhat muted compared to past returns. The five year outlook is extremely good, but it requires a lot of faith in the companies ability to compete profitably in education while continuing to execute in gaming and music. Five years is a long time in the stock market, particularly when you are investing in a foreign market. I remain long, having reduced my position by 25% on the recent run-up. I like the company, but will be watching developments closely.
They have$300million cash, no debt, $78million free cash flow. A secondary offering seems unlikely.
Nice work on your part. I owned it for a couple weeks and got bored. I didn't see the big move coming. Alas, I have this one pretty good along with QIHU and KNDI. Starting to take positions in Uranium mining now.
That's always a possibility, but if the company clearly beats on earnings, raises guidance and no margin contraction, then +10% is a real possibility for tomorrow. Did you see how DANG was rewarded for their earnings and guidance? Hot sector!
Shorts are running out of time. Look for more momentum as we approach earnings. That's why the disaster dude is here. He's trying to pave the way for short covering. Too late!
I agree with that fajita. While it gets less attention, sugar is no less a killer than tobacco. Both sugar and nicotine are addictive. Smoking tobacco causes cancer. Eating excessive sugar products causes diabetes, heart disease, high blood pressure and cancer. In the case of tobacco products, drug stores do little to promote their use other than making them available, and they would be available even if every drug store quit carrying them. Sugar containing products like candy and cakes are displayed in mass in the drugstores and they are heavily promoted. The dangers of consuming tobacco and sugared products have been should be known to any consumer who does not have his head in the sand. It is not the responsibility of any retailer to sell only healthy products. It is the responsibility of consumers to educate themselves and behave responsibly. How about motorcycle helmet laws? They are validated by the argument that when a person chooses not to wear a helmet, it becomes the public's problem when an accident victim needs healthcare he cannot afford to pay for. Why don't we apply the same logic to sugar consumption. Overconsumption of sugar causes far more healthcare expense than motorcycle accidents. Should we ban soft drinks, candy and donuts? I'm not offering an answer to that. I'm just pointing out that we are very inconsistent as a society. Telling drug stores what they should and should not sell certainly adds to the inconsistency.
WAG is trading like a Chinese internet stock. Strange time. Don't really feel safe buying or selling. Guess I'll just be an observer for awhile.
Wassom and Stefina did not go to London to sell out. I suspect Greg Wassom laid it out for the Europeans as he did for us. $130 billion in revenue in FY 2016. The Europeans are more impressed than analysts here largely because WAG does not suffer the negative stigma there. The European analysts did not suffer through the Express Scripts mess. This is nothing more than guesswork on my part, I have no information on the London investors conference.